Our editorial team compared every key metric — fees, rules, profit split, payouts — so you can pick the right firm.
| Feature | Seacrest Funded | Elites Funding |
|---|---|---|
| Payout | ||
| Profit Split | 80% (90% with add-on) | 80% (up to 90%) |
| First Payout | 5 | 10 |
| Payout Frequency | Every 5 days | Daily (after 10 trading days funded) |
| Max Account Size | $100,000 | $200,000 |
Winner: Seacrest Funded
In this independent head-to-head comparison of Seacrest Funded vs Elites Funding, we break down challenge rules, pricing, profit splits, and payout conditions to help you decide which prop firm is the better fit for your trading style.
Seacrest Funded: Payouts Every 5 Days. $10M+ Paid in 2024. No Style Restrictions. Est. 2022.
Elites Funding: Gibraltar, Est. 2023. Fee Refunded on Passing. 24h Payout Guarantee. Daily Payouts.
Based on our independent scoring methodology, Seacrest Funded scores 8.6/10 overall — but the best choice depends on your specific needs. Read the full comparison below.
BestProp Score: Seacrest Funded scores 8.6/10 vs Elites Funding at 8.2/10.
Minimum Fee: Seacrest Funded starts from $50; Elites Funding starts from $95. Seacrest Funded is cheaper at entry level.
Profit Split: Seacrest Funded offers 80% (90% with add-on); Elites Funding offers 80% (up to 90%). Elites Funding has the higher split.
Platforms: Seacrest Funded supports MT5, Match Trader; Elites Funding is on MT5, TradeLocker.
Tradeable Markets: Seacrest Funded covers Forex, Metals, Energy, Indices, Crypto, Commodities; Elites Funding offers Forex, Crypto (BTC, ETH, SOL, XRP), Indices, Commodities, Gold.
Challenge fees are typically the biggest factor when choosing a prop firm. Here is how Seacrest Funded and Elites Funding compare on pricing.
Seacrest Funded challenge fees start from $50. The firm has operated since 2022. They have funded over 80,000+ traders. Total payouts to date: $10,000,000+.
Elites Funding challenge fees start from $95. The firm has operated since 2023. They have funded over 40,000+ traders. Total payouts to date: $12,000,000+.
On entry-level pricing, Seacrest Funded offers a lower starting fee — an important factor if you are testing with a smaller account first.
Seacrest Funded profit split: 80% (90% with add-on). Elites Funding profit split: 80% (up to 90%). Elites Funding delivers the higher cut to traders.
Payout frequency: Seacrest Funded pays Every 5 days; Elites Funding pays Daily (after 10 trading days funded). Faster payouts are better for cash flow management.
Here is our full independent review of Seacrest Funded:
Seacrest Funded (formerly My Funded FX, rebranded 2022) was founded in June 2022 and is headquartered in Hong Kong. CEO Matthew Leech leads the platform, which has grown to 80,000+ active traders across 190+ countries. The firm has distributed $10M+ in payouts during 2024 alone, with a record single payout of $74,000+. Trustpilot: 4.3/5 from over 2,700 reviews – a strong combination of volume and score for a firm its age.
Two evaluation tracks are available: a 1-Step and a 2-Step. Maximum combined allocation reaches $400,000, with a scaling path to $1,000,000. Payouts are available every 5 days – among the most frequent payout cycles in the prop firm industry.
1-Step Challenge: A single evaluation phase requiring a 10% net profit target. Daily drawdown: 4%. Maximum drawdown: 6% (trailing – locks at starting balance once account enters profit). Once in the Live Simulated Trader phase (funded), no profit target applies – only risk management rules are enforced. Minimum payout: $65.
Fees: $5K: $50 | $10K: $100 | $25K: $200 | $50K: $300 | $100K: $500
2-Step Challenge: Phase 1: 8% net profit target. Phase 2: 5% net profit target. Daily drawdown: 5%. Maximum drawdown: 8%. More forgiving drawdown rules in exchange for a two-phase path.
No time limit on either track. Inactivity rules apply (confirm with support). No restrictions on trading style.
Platforms: MetaTrader 5, Match Trader. Instruments: Forex, Metals, Energy, Indices, Cryptocurrencies, Other Commodities. Broad instrument coverage with no asset class restrictions noted.
Seacrest Funded earns a 7.5 BestProp score. Three years of operation, $10M+ in 2024 payouts, 4.3/5 Trustpilot from 2,700+ reviews, and a payout cycle of every 5 days (among the most frequent available anywhere) make Seacrest a credible and trader-friendly option. Competitive fees starting at $50 for a $5,000 account, no style restrictions, and a generous 6% trailing drawdown that locks at starting balance on the 1-Step track are further positives.
The main limitations: the 80% base profit split requires a paid add-on to reach 90%, there is no published EA or hedging policy (confirm before using automated strategies), and the maximum base allocation of $400K is lower than several competitors. The Hong Kong headquarters and lack of explicit regulatory details are worth noting for traders who prioritise jurisdictional transparency. Overall one of the more consistently reviewed mid-tier prop firms on the market.
Here is our full independent review of Elites Funding:
Elites Funding was founded in 2023 and is operated by MASTERLABS LIMITED (Registration #123237), headquartered in Gibraltar. The firm has paid out $12M+ to 40,000+ traders across 140+ countries, and holds a 4.6/5 Trustpilot rating from 240+ reviews. Maximum initial account size is $200,000, scaling to $300,000 with performance milestones. All accounts operate on MetaTrader 5 or TradeLocker. Challenge fees are fully refunded upon successful challenge completion.
A standout operational feature: Elites Funding offers a 24-hour payout guarantee — if processing exceeds 24 hours, the firm pays an extra $1,000. Payouts are available daily after 10 trading days on funded accounts.
Standard 2-Phase ($95-$949 for $10K-$200K): Phase 1: 9% profit target. Phase 2: 5% profit target. Daily loss: 5%. Max drawdown: 10% static. No consistency rule. News trading permitted. Fee refunded on passing. Up to 90% split. Best for traders who prefer two-phase evaluation with wider drawdown buffers and a lower Phase 1 target than single-phase programs.
Express 1-Phase ($105-$1,090 for $10K-$200K): Single phase, 10% profit target. Daily loss: 3%. Max drawdown: 6% static. No consistency rule. News trading permitted. Fee refunded on passing. Up to 90% split. Tighter drawdown parameters than Standard, but single-phase completion and a slightly higher entry fee premium.
Instant Funding ($157-$525 for $10K-$50K): No evaluation required. No profit target. Daily loss: 3%. Max drawdown: 5% trailing (not static — the drawdown ceiling moves with equity peaks). On-demand funded access. Up to 90% split. The trailing drawdown means traders must be careful not to give back profits — the ceiling locks at the highest equity reached.
Platforms: MetaTrader 5, TradeLocker. Instruments: Forex, Crypto futures (BTC, ETH, SOL, XRP), Indices (NAS100, SPX500, JPN225), Commodities (USOIL, Gold, Silver, Copper). Both MT5 and TradeLocker are accessible at no extra cost within the same program.
Elites Funding earns a 7.0 BestProp score. Founded in 2023 by Gibraltar-registered MASTERLABS LIMITED, the firm has built a credible early track record: 4.6/5 Trustpilot, $12M+ paid, 40,000+ traders. The 24-hour payout guarantee with $1,000 penalty is a meaningful accountability commitment. Fee refund on successful challenge completion removes downside risk. No consistency rule and news trading permitted on all programs add flexibility. Daily payouts after 10 days is fast for the industry.
Key limitations: EAs are completely prohibited — making Elites Funding unsuitable for any algo or semi-automated trader. Payouts are issued exclusively in USDT ERC20 — traders who prefer bank wire or other crypto must convert after withdrawal. The 240+ Trustpilot review count, while positive, is modest for a firm claiming 40,000+ traders. The $200K account ceiling (before scaling) and Gibraltar registration place this in the mid-tier. A solid choice specifically for manual traders who prioritise daily payouts and guaranteed processing speed.
Overall, our independent scoring gives Seacrest Funded the edge in this 2026 comparison. However, both firms have their merits. If Elites Funding better matches your specific trading style, instruments, or preferred platform, it may still be the right choice for you.
Use our comparison table above and review the challenge fees at both firms before making your final decision. Both offer risk-free evaluation programs — the challenge fee is the only money at risk.
Based on our independent scoring, Seacrest Funded scores higher overall (8.6/10). The best choice depends on your trading style, preferred instruments, and account size.
Seacrest Funded offers a lower entry-level challenge fee. However, always compare the full account sizes you plan to trade before deciding purely on price.
Elites Funding offers the higher profit split. Seacrest Funded: 80% (90% with add-on). Elites Funding: 80% (up to 90%).
EA policies: Seacrest Funded — check the review. Elites Funding — check the review. Always verify the latest policy directly with the firm.
News trading: Seacrest Funded — check the review. Elites Funding — check the review.
Read the full Seacrest Funded review → · Read the full Elites Funding review →
Based on our scoring methodology, Seacrest Funded edges ahead in this comparison. However, the best choice depends on your trading style, preferred platform and account size. Read the full breakdown above for a detailed verdict.
Seacrest Funded offers 80% (90% with add-on) profit split, while Elites Funding offers 80% (up to 90%) profit split. Check each firm's current terms as these can change.
Check our offers page for the latest verified deals on both firms.
Seacrest Funded processes first payouts in 5 day(s), while Elites Funding takes approximately 10 day(s). Always verify current payout timelines on the firm's website.
Neither Seacrest Funded nor Elites Funding are regulated in the traditional financial sense — prop firms operate as private companies providing traders access to simulated or real capital. Always read the terms and conditions carefully before participating in any prop challenge.
