Seacrest Markets Exposed: Are You Facing Payout Denials and Spread Issues with This Prop Firm?

Seacrest Markets has garnered wrath from traders owing to a variety of reasons, including payout denials for traders winning trading challenges, high slippage causing losses, the lack of response from the customer support official to address withdrawal issues, and more. Irritated by these trading inefficiencies, a lot of traders have given a negative review of Seacrest Markets prop firm. In this article, we have shared some of them. Take a look!

Exploring the Top Complaints Against Seacrest Markets

Traders Allege Severe Payout Issues

A recent complaint emerged under Seacrest Markets review where a trader claimed having won the trading challenge and received a payout by adhering to stop loss and not risking not more than 1% of the capital. However, the traders account got breached soon. A few months after, the trader purchased a new account, and the payout got denied on the stipulated day, Here is a full recount of the trading experience.

The Copytrade Tussle Between Seacrest Markets and the Trader

According to the trader, Seacrest Markets blamed him for initiating a copy trade from the same IP as the other trader. However, the trader rejected such claims by commenting on why he would copy trade when he was trading with Seacrest Markets for a couple of years. The trader claimed to have all the screenshots proving his statement. The lack of support made the trader share this Seacrest Markets review.

The Fund Loss Due to Slippage and Strange Price Spikes

It is a recurrent issue for Seacrest Markets traders if we believe their claims to be true. While one trader reported having lost funds due to slippage and strange price hikes, another lost his account while waiting for the Seacrest Markets broker to resolve the spread issue. The frustration was inevitable, and so were these Seacrest Markets reviews.

Seacrest Markets‘ Silence to Withdrawal Request

A trader reported that the Seacrest Markets broker did not commit to the withdrawal request worth $625 and chose to be silent on this matter as time went on. Whether it was live chat or Discord, the trader did not receive any response. Consequently, the trader shared this response on WikiFX, the world’s leading broker regulation inquiry app.

WikiFX Shares the Seacrest Markets Review: Score & Regulation Updates

Seacrest Markets has been receiving flak from most traders for the sheer trading issues they encounter. Looking at this, the WikiFX team conducted a detailed evaluation and found that Seacrest Markets does not possess a valid license, raising the scope for severe trading manipulation. As a result, the team gave the broker a score of 1.98 out of 10.

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