Seacrest Markets

Seacrest Markets has announced it is shutting down its prop trading business.

What Happened
Seacrest Markets has announced it is shutting down its prop trading business and transitioning fully to its CFD brokerage operations. All prop trading accounts and open positions will be closed on February 6, 2026.

The firm has begun issuing refund and payout instructions to affected traders.

What’s Affected
Prop Challenge Accounts
• Traders with active, unbreached challenge accounts may request a 100% refund of their challenge fee
• Refunds must be requested via the official Refund Form
• Deadline to submit refund requests: February 28, 2026

Funded Accounts
• Traders with funded accounts can request their final payout balance
• Payout requests must be submitted through the Seacrest Dashboard
• All payout requests must be made by February 28, 2026

Accounts Not Eligible
• Giveaways accounts
• Breached or inactive accounts (per firm support communication)

Payment Processing Notes
• Refunds will be processed within 30 days of request, first-come, first-served
• Some traders may be refunded via crypto (USDT TRC20) or bank wire if original payment methods are no longer supported

Why This Matters
This represents a full exit from the prop trading model by Seacrest Markets. Traders must take action within the stated deadlines to secure refunds or final payouts, as accounts and access will be terminated after the closure date.

Impact on Traders
• All prop trading activity will permanently stop
• Traders must manually submit refund or payout requests
• Failure to submit requests by February 28, 2026 may result in forfeiture of eligibility

PFM Status
Monitoring. PFM has reached out to Seacrest Markets for additional details and will update the community if there are any changes to deadlines, eligibility rules, or processing procedures.