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SeacrestFunded Launches August Trading Competition with Cash Prizes & Free Challenges

SeacrestFunded has officially opened registration for its August Trading Competition, offering traders the chance to win up to $2,400 in cash and $725,000 in challenges, as announced on their official X account:

Key Details

  • Risk & Drawdown Limits:
    • Max daily drawdown: 5% of account balance at rollover
    • Overall drawdown: 8% of initial account balance
  • Trading Rules:
    • No Expert Advisors (EAs) allowed
    • Max position size: 5 lots across all assets
    • No copy trading or duplicate accounts – only one account per household
  • Trading Allowed: News trading, swing trading, overnight, and weekend trading

The Opportunity for TradersThis competition is designed to test trading discipline and strategies in real market conditions, with clear risk parameters. Winners will secure cash prizes and free funded accounts, making it a great opportunity for traders at all levels.