Seacrest Markets has officially ceased its proprietary trading operations to prioritize the development of its CFD brokerage segment. This is a groundbreaking move, as it is unprecedented for a broker to proactively abandon its proprietary trading business. This decision is attracting significant attention from the financial investment community.
MyFundedFX’s rebranding to SeacrestFunded last year was a key strategic move to align with Seacrest Markets and adopt the brokers’ new operating model. Despite the brand restructuring, proprietary trading services remain stable. Currently, MyFunded Futures continues to be the primary provider of futures trading solutions.
The final payment will be processed within a 30 day timeframe
The company announced it will close all proprietary trading accounts and positions on February 6, 2026. Affected traders have now received detailed instructions on the refund process and final settlement procedures. All settlement activities are being carried out expeditiously to ensure customer rights are protected.
Seacrest Markets announced that all proprietary trading accounts and open positions will be closed on February 6, 2026.
Traders holding active (non-violating) challenge accounts are entitled to a 100% refund of their participation fees via the Official Refund Form. For account holders who have deposited funds, withdrawals of the final payment balance will be processed through the Seacrest Dashboard. Please note that all requests must be completed before February 28, 2026 to ensure financial benefits are secured.
The company stipulates that no refunds will be given to gifted accounts, accounts that have violated rules, or inactive accounts. Refunds will be processed on a first-come, first-served basis within 30 days. In the event that the original payment method is no longer available, Seacrest will switch to cryptocurrency or bank transfer to ensure traders receive their funds promptly.
Proprietary trading platforms backed by brokers are emerging as a market trend
After February 6, 2026, Seacrest Markets will close all accounts and access to proprietary trading. Despite Seacrest’s withdrawal, the proprietary trading model backed by brokers remains a major trend. Reputable names such as IC Markets, ThinkMarkets, Axi, OANDA, and Hantec Markets are already present in this segment, demonstrating the growing appeal and competition of this new type of financial service.
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