How it works

Welcome to the 1 Step Challenge

Fast-Track Your Trading with SeacrestFunded

Still having trouble understanding how each challenge works?

We have collected all the information you are interested in in one place so that you can get to know each of them in more detail, get answers to all your questions and understand how the conditions of the challenges work through examples

1-step

For confident traders who value their time

There is only one step to receiving live simulated trader status. The conditions of the challenge do not change and remain stable until the end of the passage. With the right amount of experience, you can start managing a demo account with up to $300,000 in just 24 hours — it’s all up to you

Get started

1-Step Sim Account Rules

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10%
Sim Gain Target
Sim. gain targets are an essential aspect of our trading program at SeacrestFunded, providing clear goals for our traders to strive towards. In Phase 1 of the program, the simulated gain target is set at 10% of the starting account balance.
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3 Days
Minimum Profitable Days
Traders are required to have at least 3 profitable days within the trading period. This rule helps in assessing the consistency and reliability of the trading strategies employed by our traders, ensuring they can sustain profitability over time.
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6%
Overall Sim Loss
Set at 6% trailing, the Maximum Overall Sim Loss rule serves as an account stop-loss mechanism, ensuring virtual capital protection. It is calculated by measuring the difference between your highest recorded balance from closed trades and your current equity. This calculation method differs from that used in 2 Step accounts. The Max Overall Sim Loss rule applies consistently throughout all phases, including verification and live sim.
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Unlimited
Trading Period
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30:1
Sim Trading Leverage
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4%
Daily Sim Loss
The rule says that at any moment of the day (EE(S)T – Eastern European Summer Time), the daily simulated equity decrease must not hit the predetermined limit. The counting formula: Current daily loss = balance at the start of the day — current equity. Maintaining a controlled level of simulated loss is crucial to our trading program at SeacrestFunded. In both Step One and Live Sim phases, we have set a daily simulated loss limit of 4%. This rule ensures that the daily decrease in equity does not exceed the predetermined limit, providing risk management guidelines for our traders.

1-Step Trading Objectives

with Examples

Choose start balance

Challenges$5k
Sim. Gain Target10% =$500
Daily Sim. Loss4% =
$200
Overall Sim. Loss6% =
$300
Minimum Profitable Days
3 Days
Sim. Trading Leverage30:1
Trading PeriodUnlimited
Registration Fee$50
Live$5k
Sim. Gain Split
80%
Daily Sim. Loss4% =
$200
Overall Sim. Loss6% =
$300
Sim. Trading Leverage30:1
Payout Frequency14 days
Trading PeriodUnlimited

1-Step Simple Sim Account Benefits

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Fast

According to the rules, the minimum number of days of trading during the challenge is 1 day, which gives you the opportunity to successfully complete the challenge in at least 1 day

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Simple

One stage, the rules always remain the same throughout the entire challenge. What could be simpler?

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No Time Limits

There is no limit on the maximum number of trading days on all of our challenges. It gives you complete freedom and does not put pressure on you

Join our success

Joining can provide traders with access to greater simulated trading capital, advanced technology, and a supportive community of experienced traders

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Frequently asked questions

Because the 1-Step rules have Trailing simulated loss rules, even if you have made a withdrawal, the trailing simulated loss will not return to the starting point (6% of the initial balance).

So what is needed for Merge is that the account returns to its initial state, like a fresh account that has never been touched

Example 1: You start out with a 100k account. Your Daily simulated loss is 4% and your Max Trailing is 6%. Your Daily simulated loss level is $96,000 and your Max trailing is $94,000. Let's say you make $8,000 simulated gain. You request a withdrawal of $6,000. Being that your account achieved 6% your Max simulated loss is locked in at $100,000. This now leaves you with only 2% for Max simulated loss.

Example 2: You start out with a 100k account. Your Daily simulated loss is 4% and your Max Trailing is 6%. Your Daily simulated loss level is $96,000 and your Max trailing is $94,000. Let's say you make $15,000 simulated gain. You request a withdrawal of $8,000. Being that your account achieved 6% your Max simulated loss is locked in at $100,000. You now have a buffer of $7.000 till Max simulated loss at $100,000.

Example 3: You start out with a 100k account. Your Daily simulated loss is 4% and your Max Trailing is 6%. Your Daily simulated loss level is $96,000 and your Max trailing is $94,000. Let's say you make $6,000 simulated gain. You request a withdrawal of $6,000. Being that your account achieved 6% your Max simulated loss is locking in at $100,000. You will have failed your account because you left no buffer and your account has reached Max simulated loss.

  1. Daily Simulated Loss and Max Simulated Loss:

    -The daily simulated loss is at 4%.

    -The overall simulated loss is set at 6% trailing from your highest simulated balance achieved.

  2. Locking Simulated Loss at Starting Balance:

A significant change comes into effect when your demo account reaches 6% of your starting simulated balance. At this point, your trailing simulated loss will lock in at your starting simulated balance.

More accounts type to explore

3-Step

2-Step

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