What MyFundedFX does

MyFundedFX is presented in firmographics as a Dallas-based private trading firm offering trading and educational tools for traders, founded in 2022 with 51–100 employees. The deeper source material, however, maps the operating activity to Seacrest Markets (PTY) Ltd, a South African investment firm incorporated in 2023 and regulated by the FSCA under FSP License Number 53315. That operating entity ran two brands — a CFD trading platform called Seacrest Markets and a proprietary trading brand called Seacrest Funded — which were merged in October 2025 into a unified platform. Seacrest Markets subsequently ceased operations, with a formal closure notice published on the company website in 2025. The firm explicitly excluded residents of the US, Canada, North Korea, the Democratic Republic of the Congo, Iran, Myanmar, and FATF-sanctioned jurisdictions, limiting its retail addressable market primarily to Africa, EMEA, and other permitted emerging markets. Graham Leech is identified as Founder & CEO.

The underlying technology stack, revenue mechanics, and pricing structure are not disclosed in the available sources; core technology is marked as 'Not disclosed,' with no proprietary features, APIs, integrations, or AI capabilities enumerated. Business model inference is limited to the standard retail CFD / prop trading construct — generating revenue from spreads, commissions, and funded-account fees on a long tail of retail traders — but no quantitative disclosure of customer counts, AUM, funded-account volumes, or unit economics is available. The combination of unverified brand identity (MyFundedFX vs. Seacrest Markets), undisclosed financials, and a closed operating entity makes the investment profile highly uncertain.

Name

MyFundedFX

Legal name

Seacrest Markets (PTY) Ltd

Website

https://myfundedfx.com

Company type

Private

Founded year

2023

Operating status

Closed

Headcount range

51–100 employees

Short description

MyFundedFX is described as a Dallas-based private trading firm offering trading and educational tools to retail traders, with underlying operations linked to South African FSCA-regulated entity Seacrest Markets (PTY) Ltd, which ceased operations in 2025.

Ownership category

akta.pro rank

Product category

Proprietary (Retail) Trading

NAICS

Investment Banking and Securities Intermediation (523150), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Retail FX/CFD Broker Trading Venues (FSAFADAD)

Keywords

• Proprietary trading
• CFD trading platform
• Funded trading accounts
• Trader education
• Retail FX trading

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Core offering

MyFundedFX is a trading firm that offers trading and educational tools for traders. It operates a CFD trading platform and a proprietary ("prop") trading sub-brand, Seacrest Funded, which provides funded-account evaluation programs for retail traders. The associated legal entity referenced in the source data is Seacrest Markets (PTY) Ltd.

Differentiator

Problem solved

Functional benefit

Brands

• Seacrest Funded: Prop trading brand operated by Seacrest, merged with Seacrest Markets in October 2025
• Seacrest Markets

Products and services

• MyFundedFX CFD Trading Platform Online CFD trading platform providing retail traders with access to CFD markets, offered under the MyFundedFX brand by a firm regulated by the FSCA (FSP License Number 53315).
• Seacrest Funded Proprietary ("prop") trading sub-brand offering funded-account programs that allow retail traders to qualify for and trade with firm-provided capital.
• Trader Education Tools

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• eToro: eToro is a multi-asset retail broker offering CFDs and copy-trading to a global retail audience — broadly comparable to the CFD distribution and trader-acquisition side of MyFundedFX's offering.
• Pepperstone: Pepperstone is a well-established retail FX/CFD broker with deep liquidity partnerships — comparable on the CFD side of MyFundedFX's merged platform, though it does not run a funded-trader program.
• IC Markets: IC Markets is a major global CFD and FX broker serving retail traders — comparable to MyFundedFX on the CFD execution/venue side, though operating as a broad incumbent rather than a prop-trading specialist.
• OANDA: OANDA is a long-standing FX/CFD broker with strong regulatory footprint and retail focus — comparable to MyFundedFX on the regulated retail CFD side, but at much larger incumbent scale.

Direct peers

• FundedNext: FundedNext runs a prop-trading funded-account program on CFDs and futures with challenge-based evaluation — directly comparable to the Seacrest Funded / MyFundedFX prop offering in product design and customer acquisition approach.
• MyForexFunds (historical): MyForexFunds was a leading prop-trading firm offering funded CFD accounts before its 2023 CFTC enforcement action and shutdown — directly comparable in product, scale, and category; useful as a cautionary comp for regulatory tail risk.
• The5ers: The5ers is an established prop-trading firm providing funded CFD and futures accounts through evaluation challenges — overlapping with MyFundedFX's funded-trader product on instruments, challenge structure, and target trader.
• Topstep: Topstep provides funded trading accounts primarily in futures via an evaluation model — a directly comparable prop-trading peer for MyFundedFX in business model, customer base (retail traders seeking capital), and revenue mechanics.
• FTMO: FTMO is the leading global prop-trading firm offering funded evaluation accounts and CFD trading — directly comparable to MyFundedFX's evaluation/funded-trader offering and CFD platform combination.

Others

• MetaTrader (broker/platform ecosystem): MetaQuotes' MetaTrader 4/5 platforms are the dominant front-end used by retail FX/CFD brokers and most prop-trading firms including FTMO, FundedNext and likely MyFundedFX — relevant as an enabling technology peer rather than a competitor.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Xx.com/MyFundedFX

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MyFundedFX