Seacrest Markets Review 2026
Highlights of Seacrest Markets
Seacrest Markets is an international forex and CFD broker that also offers a prop trading format through its own funding program. The company positions itself as a provider of modern trading solutions with access to currency pairs, indices, commodities, and cryptocurrencies. Traders have access to popular MetaTrader platforms, competitive spreads, and the ability to trade with leverage, which makes the broker attractive for active trading.
Within its prop offering, Seacrest Markets lets traders go through an evaluation stage and receive funding provided they comply with risk-management rules. This format may appeal to those who want to trade larger capital without significant personal investment. At the same time, prospective clients should carefully review the program terms, the fee structure, and the company’s regulatory status to objectively assess the risks of working with the broker.
Pros and Cons of Seacrest Markets
Pros
- FSCA (South Africa) license and formal regulation of brokerage activity.
- Low minimum deposit — from $50.
- Prop program with multiple challenge formats and a scaling plan.
- 24/7 support and a strong community.
Cons
- No Tier-1 regulation and no compensation funds.
- Limited number of trading instruments compared to large brokers.
- No web-based platform and no alternative to MetaTrader 5.
- The education section is mostly a blog without comprehensive courses.
Seacrest Markets reviews
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Seacrest Markets Broker Overview
- Foundation Year
- 2024
- Official Website
- https://seacrestmarkets.io
- Regulated in Countries
South Africa
More Details- Minimum Deposit
- 50 EUR
- 50 GBP
- 50 USD
- Spread
- from 0.1 points
- Max Leverage
- 1:500
- Trading Assets
- Forex
- Precious Metals
- Energy Carriers
- Soft Commodities
- Indices
- Cryptocurrency
- Trading Platforms
- MetaTrader 5
Seacrest Markets is a financial company founded around 2024 as a private online broker and prop trading firm that combines CFD trading and trader funding programs. The company’s main legal entity is Seacrest Markets (PTY) Ltd, registered in South Africa. The company provides access to trading various financial instruments via the MetaTrader 5 platform and other technologies, and combines the ability to trade with your own funds with participation in a trader evaluation program.
Seacrest Markets offers online trading in forex, indices, commodities, cryptocurrencies, and other CFD instruments, giving traders the ability to trade with leverage and competitive spreads. In addition, the firm integrated prop funding programs into its ecosystem (formerly known as Seacrest Funded or MyFundedFX) — simulated evaluation challenges that, after successful completion, can provide traders with access to capital to trade and profit sharing on favorable terms.
Seacrest Markets Review Summary
- FSCA (South Africa) license
- Legal separation between the broker and the prop program
- Transparent registration information
- No Tier-1 regulation
The broker score in this review is based on our own analysis system, which takes into account key parameters such as reliability, trading conditions, fees, platforms, customer support quality, and additional services. We use a transparent and structured approach, described in detail in our broker evaluation methodology, to ensure objectivity and comparability of results across different companies.
Each criterion has its own weight in the final rating, and the overall score reflects the broker’s real value for both beginners and experienced traders. Keep reading the review to learn in detail about the company’s strengths and weaknesses and to understand how well it fits your trading goals.
Reliability and Regulation
| Legal Entity | Regulator |
|---|---|
 | |
 | - |
Seacrest Markets conducts brokerage activities through Seacrest Markets (Pty) Ltd, registered in South Africa and regulated by the FSCA (Financial Sector Conduct Authority) under an FSP license. Having a license from the South African regulator implies formal oversight, reporting requirements, and compliance standards, including basic rules for handling client funds. However, the FSCA is considered a mid-tier (Tier-2) regulator, which implies a less stringent control and investor protection regime compared with Tier-1 regulators such as ASIC or CySEC. The company does not claim licenses in top-tier jurisdictions and does not indicate participation in international compensation funds.
The prop trading arm is structured separately and is managed through MyFunded Capital (HK) Ltd, registered in Hong Kong. This model means a legal separation between the brokerage business and the trader funding program. At the same time, registration in Hong Kong in itself does not equate to holding a financial license, and the prop program typically operates in a simulated trading format with internal evaluation rules and profit distribution.
Overall, Seacrest Markets’ reliability can be assessed as moderate: the brokerage part has Tier-2 regulated status, which raises the baseline level of trust, but the lack of Tier-1 regulation and the fact that the prop arm operates outside the classic licensed brokerage model limit the level of institutional protection compared with the largest international market players.
Account Opening
The account opening process at Seacrest Markets is fairly simple and straightforward. Registration is done via a standard online form, after which you need to upload documents and fill out a questionnaire. Verification takes up to one day, and, if needed, customer support helps resolve questions promptly. Overall, the procedure looks convenient and does not cause significant difficulties for the client.
Registration
The account opening process starts with filling out the form. You need to choose the account type (Individual or Company), enter your first and last name, email, create a password, select your country of residence and account currency (USD, EUR, or GBP). You also need to provide a phone number and confirm your agreement with the company’s documents (Risk Disclosure, Order Execution Policy, Client Agreement). After submitting the form, a client area is created.
Verification
After registration, you need to complete the KYC procedure. In the client area, under My Documents, you must upload proof of identity (Proof of ID) and proof of address (Proof of Residence). In addition, you fill out a questionnaire that includes financial information, source of funds, trading experience, and risk attitude.
As a rule, verification is completed within one day. If the compliance team has follow-up questions or requires an additional document, customer support promptly contacts the client and helps resolve the issue as quickly as possible.
Base Account Currency
During registration, the user chooses the base currency of the trading account. USD, EUR and GBP are available. The choice of currency affects balance display, profit and loss calculations, and may also affect possible deposit fees if the payment currency differs from the account currency.
Minimum Deposit
The minimum deposit to open a trading account is $50. This lets you start trading with relatively small capital, making the broker accessible both to beginners and to traders testing a new strategy.
Account Types
Seacrest Markets offers basic trading accounts, which covers the needs of most retail traders, as well as a developed prop program with several challenge options. This broadens the audience by attracting both self-directed traders and those looking for funding. However, the lineup of classic trading accounts remains relatively compact and does not offer extensive customization of conditions, which somewhat limits flexibility compared with large multi-regulated brokers.
Trading Accounts
| Classic | ECN | |
|---|---|---|
| Account Currency | USD, EUR, GBP | |
| Minimum Deposit | 50 $50 € | |
| Trading Platforms | MetaTrader 5 | |
| Spread | floatingfrom 1 pipsfor EURUSD~ 1.2 pips | floatingfrom 0.1 pipsfor EURUSD~ 0.2 pips |
| Commission per Trade | per 1 lot3.5 $ | |
| Trading Assets | ForexIndicesPrecious MetalsEnergy CarriersSoft CommoditiesCryptocurrency | |
| Opened Positions | — | |
| Leverage | 1:1-1:500 | |
| Margin Call / Stop Out | 100% / 20% | |
| Order Execution | STP | |
| Demo Account | ||
| Islamic Account | ||
Seacrest Markets offers trading accounts for classic Forex and CFD trading using the MetaTrader 5 platform:
- Classic Account - Suitable for beginners, commission-free trading.
- ECN Account - Tighter spreads, suitable for scalping.
Users can trade more than 175 instruments, including currency pairs, cryptocurrencies, indices, and commodities, with leverage up to 1:500 depending on the asset class.
Demo Account
A demo account is available for practice and for evaluating trading strategies, where you can trade with virtual funds in conditions as close to real as possible. Such an account is useful before starting with real funds or prop programs, to test the platform and instruments.
Prop Trading
Within its prop trading offering, Seacrest Markets (formerly known as MyFundedFX) provides a trader evaluation and funding program. Participants start by completing a challenge and, with successful results, receive a funded account with profit sharing of up to 80% and more. Total available capital can reach $400 000, and after scaling — up to $1 000 000.
Challenges
The prop program includes three types of challenges: 1-Step, 2-Step, and 3-Step. Each plan has its own profit targets (for example, from 6% to 10%) and allowed drawdown limits (daily and overall), but in all cases the trading period is not time-limited and news trading is allowed.
| Parameter | 1-Step | 2-Step | 3-Step |
|---|---|---|---|
| Profit target | 10% | 8% (Step 1) / 5% (Step 2) | 6% |
| Minimum profitable days | 3 days | 3 days | 3 days |
| Daily drawdown limit | 4% | 5% | 4% |
| Overall drawdown | 6% | 8% | 8% |
| Trading period | Unlimited | Unlimited | Unlimited |
| News trading | Allowed | Allowed | Allowed |
| Leverage | 30:1 | 30:1 | 30:1 |
VIP Program
The VIP program is designed for traders with a consistent trading track record. When the requirements are met (long-term activity and successful payouts), participants receive enhanced benefits, including a higher profit split of up to 92.75%, improved limits, and priority support.
Scaling Plan
After receiving a funded account, traders can use a scaling plan that allows increasing the initial capital by 25% every 3 months if a net profit of at least 12% is achieved over that period. In theory, the account can grow to $1 000 000 through successive scaling.
Commissions
Seacrest Markets’ fee policy generally matches average market conditions. The main trading costs are formed by spreads, swaps, and the commission on the ECN account, while the cost structure looks transparent and easy to understand. Additional fees are limited and do not create a significant financial burden for active clients.
Spreads and Swaps
Trading costs at Seacrest Markets depend on the account type. This section considers the Classic account, since on it the main expenses are formed through spreads and swaps.
According to the specification, the average spread on popular currency pairs (e.g., EUR/USD and GBP/USD) is around 1.2–1.3 pips, which corresponds to the average market level among brokers with a spread-only model (no commission per lot).
Swaps (the fee for rolling a position over overnight) are also within average market values and depend on the trade direction and instrument. For major currency pairs, charges are quoted in points and can be either negative or positive depending on the position (Long/Short). Overall, the spread and swap structure looks standard for a retail CFD broker.
| Asset | Average spread | Swap long | Swap short |
|---|---|---|---|
| EURUSD | 1.2 pips | -7.24 pips | 2.32 pips |
| GBPUSD | 1.3 pips | -2.52 pips | -2.73 pips |
| AUDUSD | 1.3 pips | -2.90 pips | -0.08 pips |
| NZDUSD | 1.2 pips | -2.28 pips | -0.91 pips |
| USDCAD | 2.0 pips | 0.49 pips | -6.25 pips |
| USDCHF | 0.9 pips | 7.07 pips | -13.24 pips |
| USDJPY | 1.8 pips | 8.65 pips | -26.41 pips |
Commission per Trade
On the ECN account, a separate commission is charged on trading volume — $3.5 per lot per side (i.e., $7 round-turn). This is a market-average figure among brokers with an ECN execution model. At the same time, spreads on the ECN account are lower, which makes this format more attractive for active traders and scalpers.
| Broker | FP MarketsRaw | LibertexMT5 Market | Seacrest MarketsECN | EightcapRaw | RoboforexECN |
|---|---|---|---|---|---|
| Commission per lot | $3 | $3 | $3.5 | $3.5 | $2.36 |
Inactivity Fee
An account is considered inactive if, for 90 days, the client has not placed trades, opened or closed positions, or funded the account. In this case, the account is classified as inactive.
A monthly fee of R10.00 (South African rand) is charged for maintaining an inactive account. If the account balance is zero, it is moved to a "dormant" status. To reactivate it, you need to contact support and, if necessary, update your KYC documents.
Thus, the inactivity fee is mainly formal and is insignificant in size.
Deposit and Withdrawal
Seacrest Markets offers a standard set of deposit and withdrawal methods, including bank cards, bank transfers, and cryptocurrencies. Procedures are carried out via the client area and comply with AML requirements, including returning funds to the original payment source. Processing speed depends on the chosen method and banking infrastructure, while the basic terms look clear and transparent for the client.
Deposit Methods
| Payment System | Currencies | Deposit Fee | Operation Limit |
|---|---|---|---|
 Swift |  USD EUR GBP | 0% | from 50 USD |
 Visa | USDEURGBP | 0% | from 50 USD |
 Mastercard | USDEURGBP | 0% | from 50 USD |
| Cryptocurrency | Blockchain | Deposit Fee | Operation Limit |
|---|---|---|---|
 BTC
(Bitcoin) | BTC | 0% | from 50 USD |
 ETH
(Ethereum) | ERC20 | 0% | from 50 USD |
 LTC
(Litecoin) | LTC | 0% | from 50 USD |
 USDC
(USD Coin) | ERC20 | 0% | from 50 USD |
 USDT
(Tether) | ERC20 | 0% | from 50 USD |
| USDT
(Tether) | TRC20 | 0% | from 50 USD |
| USDT
(Tether) | BEP20 | 0% | from 50 USD |
Seacrest Markets offers several popular ways to fund a trading account. Clients can deposit funds using bank cards or by bank transfer.
Cryptocurrency payments are also supported, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other digital assets, which expands options for international clients. The minimum deposit amount is $50.
The funding process is carried out via the client area, where the user selects a payment method and confirms the deposit amount.
Withdrawal Methods
| Payment System | Currencies | Withdrawal Fee | Operation Limit |
|---|---|---|---|
| Swift | USDEURGBP | 0%+ 10 USD | from 50 USD |
| Visa | USDEURGBP | 0% | from 50 USD |
| Mastercard | USDEURGBP | 0% | from 50 USD |
| Cryptocurrency | Blockchain | Withdrawal Fee | Operation Limit |
|---|---|---|---|
| BTC
(Bitcoin) | BTC | 0% | — |
| ETH
(Ethereum) | ERC20 | 0% | — |
| LTC
(Litecoin) | LTC | 0% | — |
| USDC
(USD Coin) | ERC20 | 0% | — |
| USDT
(Tether) | ERC20 | 0% | — |
| USDT
(Tether) | TRC20 | 0% | — |
| USDT
(Tether) | BEP20 | 0% | — |
Withdrawals are processed using the same methods that were used to fund the account, in accordance with the refund policy and AML requirements. This means that funds are generally returned to the original payment source.
A fixed fee of $10 is charged for withdrawals via bank transfer.
Before withdrawing funds, the account must pass full verification. Processing time depends on the chosen method: card and cryptocurrency transactions are usually processed faster, while a bank transfer may take longer.
Markets and Products
Seacrest Markets provides access to the main asset classes, including Forex, metals, energy commodities, indices, and cryptocurrencies. This set of instruments allows you to implement most popular trading strategies and diversify a portfolio. At the same time, the offering is focused on key markets and is not among the most extensive multi-asset lineups with a wide selection of stocks and ETFs.
Which markets are available?
| Broker | FP Markets | Seacrest Markets | Libertex |
|---|---|---|---|
| Forex | 81 | 50 | 51 |
| Precious Metals | 17 | 2 | 5 |
| Energy Carriers | 5 | 3 | 6 |
| Soft Commodities | 7 | 2 | 6 |
| Indices | 18 | 6 | 36 |
| Stocks | 566 | — | 139 |
| ETF | 58 | — | 10 |
| Bonds | 2 | — | 3 |
| Cryptocurrency | 12 | 4 | 79 |
Seacrest Markets provides access to CFD trading on the main asset classes: Forex, metals, energy commodities, soft commodities, stock indices, and cryptocurrencies.
The lineup includes major currency pairs, precious metals (gold, silver), oil and other energy commodities, global stock indices, as well as popular cryptocurrencies. The number of instruments covers the basic needs of retail traders; however, the selection is not particularly wide compared with the largest international brokers.
Leverage
| Trading Instrument | Max. Leverage for Retail Traders |
|---|---|
| Forex | 1:500 |
| Precious Metals | 1:500 |
| Energy Carriers | 1:500 |
| Soft Commodities | 1:50 |
| Indices | 1:500 |
| Cryptocurrency | 1:100 |
The broker’s maximum leverage can reach 1:500, which allows you to significantly increase position size with relatively small own capital. This level of leverage is attractive for active traders, but it significantly increases risk, especially without strict risk management.
In the prop program, leverage of 30:1 is used within simulated trading, which aligns with the established evaluation rules and drawdown controls.
Trading Platforms
Seacrest Markets uses MetaTrader 5, a modern and feature-rich platform with extensive capabilities for technical analysis and algorithmic trading. The terminal is suitable for both active intraday trading and long-term strategies. At the same time, the choice of platforms is limited to one solution, and the absence of a web version reduces flexibility for access from different devices without installing software.
MetaTrader 5
Seacrest Markets uses the MetaTrader 5 (MT5) platform as its main trading terminal. MT5 supports trading across various asset classes, provides an extended set of technical indicators, charting tools, and a built-in economic calendar. The platform is suitable both for manual trading and for using automated strategies.
Clients have access to a desktop version for Windows and mobile apps for iOS and Android. At the same time, a web version of the terminal is not provided, so to work you need to install the program on a computer or use the mobile app.
Analytics
Seacrest Markets’ analytics section includes video reviews and live streams with breakdowns of market sessions, articles on technical and fundamental analysis, as well as a set of built-in tools: an economic calendar, market widgets, a Forex heat map, and technical signals. Integration with TradingView expands chart analysis capabilities. The content is aimed at retail traders and combines an educational format with practical market overviews.
Video Analytics
Seacrest Markets actively develops its video content. The company runs its own YouTube channel, where it publishes regular live streams, trading session breakdowns, as well as analytical episodes covering key market events.
The broadcasts cover moves in currency pairs, indices, and other instruments, discuss current market scenarios, and share trading ideas. This format suits traders who prefer to receive information in a visual and practical form.
Market Analysis
The website has a section with analytical materials and market articles. Publications cover topics such as technical and fundamental analysis, market sentiment, the impact of macroeconomic factors, and global financial events.
Materials are organized by category, which makes navigation easier. The analytics are overview in nature and aimed at retail traders.
Trading Tools
In the client area, built-in market widgets and analysis tools are available, including:
Forex Heat Map — visualization of currency pair performance
Market Overview Widget — overview of indices, commodities, and currencies
Stock Market Widget — data on individual stocks
Cryptocurrency Market Widget — cryptocurrency quotes and market capitalization
Technical Analysis Widget — brief signals and technical indicators
Economic Calendar Widget — calendar of macroeconomic events
Forex Cross Rates Widget — currency cross rates
In addition, there is integration with TradingView, which allows you to analyze charts using advanced technical analysis tools.
Education
Seacrest Markets’ education section is represented by a blog with materials on the basics of CFD trading, market analysis, risk management, and trading psychology. The content is organized by topic and is aimed mainly at beginners and intermediate-level traders. The format is mostly text-based, without a separate learning platform, courses, or a structured training program, which limits the depth and variety of the educational materials.
Blog
Seacrest Markets’ education section features a blog with materials on the basics of trading and the analysis of financial markets. Publications cover CFD trading, Forex, cryptocurrencies, risk management, and trading psychology.
Articles are organized by category, making it easier to find information depending on the trader’s level of preparation. The materials are written as practical breakdowns and explain key concepts in simple, clear language.
The content is aimed primarily at beginners and intermediate traders, helping them understand trading mechanics and the basic principles of how financial instruments work.
Customer Support
Seacrest Markets customer support operates around the clock and is available via live chat on the website, providing quick contact with company representatives. Users note fast responses and staff willingness to help resolve issues. A well-developed trader community also plays an additional role, where you can get support and share experience with other participants.
How to contact support?
You can contact Seacrest Markets support via the live chat on the official website. The chat is available in the client area and on platform pages, allowing you to ask a question promptly without needing to send an email.
In addition, a trader community is actively being developed, including Discord and other social channels, where participants can share experience and get answers to practical questions.
Support Hours
Support operates 24/7, which is especially important for traders working on international markets across different time zones. The round-the-clock schedule ensures you can get help at any time, including on weekends.
Customer Support Reviews
Users generally give positive feedback about Seacrest Markets support, noting quick responses and willingness to help with technical and organizational issues. The developed community further strengthens customer support by allowing traders to get help not only from company staff, but also from other community members.
Alternatives to Seacrest Markets
Looking for Seacrest Markets alternatives? Compare key features of Seacrest Markets against its competitors.
| Broker |  JustMarkets |  NPBFX | Seacrest Markets |  xChief |  Grand Capital |
|---|---|---|---|---|---|
| Rating | 4.1/5 | 4.2/5 | 4.1/5 | 4.1/5 | 4/5 |
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| Spread | from 0 points | from 0.4 points | from 0.1 points | from 0 points | from 0.4 points |
| Trading platforms |
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| Reviews | JustMarkets review | NPBFX review | xChief review | Grand Capital review | |
| Broker comparison | Seacrest Markets vs JustMarkets | Seacrest Markets vs NPBFX | Seacrest Markets vs xChief | Seacrest Markets vs Grand Capital |
If you want to compare Seacrest Markets with other forex brokers in more detail, go to the Forex Brokers Comparison page.
Conclusion
Seacrest Markets is a broker with a moderate level of regulation (FSCA), a clear fee structure, and an accessible entry threshold from $50. The company combines a classic CFD model with a prop arm, which broadens its audience with traders interested in funded accounts and capital scaling. Trading is conducted via MetaTrader 5, major asset classes are available, and leverage goes up to 1:500.
This broker is primarily suitable for:
- retail traders who trade Forex and core CFDs;
- active traders for whom high leverage matters;
- participants interested in taking prop challenges;
- traders who value 24/7 support and a simple account-opening process.
It may be less suitable for investors seeking strict Tier-1 regulation, the widest possible selection of stocks and ETFs, or advanced institutional-grade analytics.
FAQ
Is Seacrest Markets legit?
Seacrest Markets operates through Seacrest Markets (Pty) Ltd, regulated by the FSCA in South Africa. While it is a registered and supervised broker, it is regulated under a Tier-2 jurisdiction rather than Tier-1.
Which country is Seacrest Markets from?
Seacrest Markets (Pty) Ltd is registered in South Africa and regulated by the Financial Sector Conduct Authority (FSCA).
Is Seacrest Markets an ECN broker?
Seacrest Markets offers an ECN account with raw spreads and a commission per lot. Based on its execution policy, it follows an STP/ECN (No Dealing Desk) model.
How does Seacrest Markets make money?
The broker earns revenue through spreads on standard accounts and commissions on ECN accounts. Additional income may come from swap charges and inactivity fees.
Is Seacrest Markets good for beginners?
It can suit beginners due to a low minimum deposit ($50), MT5 platform access, and educational blog content. However, high leverage may increase risk for inexperienced traders.
Does Seacrest Markets offer a demo account?
Yes, Seacrest Markets offers a demo account for practicing trading strategies without risking real funds.
How can I open an account with Seacrest Markets?
You can register online by completing the sign-up form, verifying your identity (KYC), and funding your account with at least $50.
How can I delete my Seacrest Markets account?
To close your account, contact customer support via live chat or email. Make sure all funds are withdrawn and positions are closed before requesting account termination.
What is the minimum deposit for Seacrest Markets?
The minimum deposit required to open a trading account is $50.
What is the maximum leverage on Seacrest Markets?
The maximum leverage can reach up to 1:500, depending on the instrument and account type.
How do I deposit funds in a Seacrest Markets account?
Deposits can be made via Visa/Mastercard, bank transfer, and cryptocurrencies such as Bitcoin, Ethereum, and Litecoin through the client portal.
How do I withdraw money from Seacrest Markets?
Withdrawal requests are submitted through the client portal. Funds are typically returned using the same method used for the deposit, in line with AML policies.
Does Seacrest Markets provide VPS?
There is no clear public information indicating that Seacrest Markets provides a dedicated VPS service.
Is Seacrest Markets suitable for scalping?
Yes, especially on the ECN account with raw spreads and commission-based pricing, which can be suitable for scalping strategies.
Is Seacrest Markets suitable for auto-trading?
Yes, since the broker supports MetaTrader 5, traders can use Expert Advisors (EAs) for automated trading.
Is Seacrest Markets suitable for hedging?
MT5 generally allows hedging strategies, and there are no public restrictions indicating that hedging is prohibited.
Is Seacrest Markets suitable for spread betting?
No, Seacrest Markets focuses on CFD trading and does not offer spread betting services.
