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Seacrest Markets

Suspicious Clone
South Africa
,
Since 2022
Last Updated:
43/100
Overall Score

Trading Conditions

Min Deposit:
USD50
Max Leverage:
1000
Account Types
Standard Account

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

No funding methods available

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 16%, 2: License 61%, 3: Software 50%, 4: Spread 0%, 5: Account Type 0%, 6: Symbol 0%
Regulation
16%Poor
License
61%Fair
Software
50%Fair
Spread
0%Poor
Account Type
0%Poor
Symbol
0%Poor

Company Information

Full Name:Seacrest Markets (PTY) Ltd
Founded:2022
Headquarters:South Africa
Enterprise Offices:N/A

Customer Support

Phone:
Live Chat:
business_hours
Response Time:
Languages:
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Broker Summary

Summary of the broker

Introduction and Overview

Backstory: Everybody has a story, but very little has been reported about how and when Seacrest Markets became a business, or by whom it was founded. There has also been very little reported about the history of the Seacrest Markets, probably because it is a brand-new or an under-the-radar company in the financial services market, which is a very competitive industry.

As Seacrest Markets continues to grow, more information about its origins and early growth will likely become readily available.

Most brokers are created to provide a platform for both retail and institutional traders to participate in the foreign exchange market, and, for the most part, these brokers support trading in various products. There are many brokers out there that support foreign currency pairs, commodities, global stock indices, and potentially cryptocurrencies.

Seacrest Markets offers several types of trading instruments and services that may be tailored to the types of traders the firm targets. While Seacrest Markets does not yet offer specific products, the firm provides publicly available information from other trading companies in this area, which supports conjecture regarding SACC's development plans.

In addition to trading various instruments, it is likely that Seacrest Markets offers multiple account types and trading platforms for traders of different styles and preferences. The fact that Seacrest Markets is focusing on technology indicates that they will prioritize creating user-friendly interfaces, including fast order execution.

Most likely, Seacrest Markets will provide trading of the following types of instruments:
• Major / minor currency pairs
• Commodities (e.g., gold & oil)
• Global stock indices.
• Cryptocurrencies & financial contracts (CFDs) or potentially.

Types of Trading Accounts:

Details regarding types of trading accounts do not appear to be currently available. However, brokers operating in this area typically offer various trading account types (e.g., Standard, Premium, VIP) with different minimum deposit requirements, spreads, and leverage.

Regulatory Compliance & Licensing

Regulation is an important factor when deciding which broker to choose. Unfortunately, very little is currently known about the regulatory licenses issued to Seacrest Markets, and therefore, a lack of information may be a red flag for clients looking for a regulated broker.

The following is a summary table of the platform's regulatory compliance status based on publicly available information.

Regulator

License Number

Status

Limited information available

Not publicly disclosed

Trading Conditions and Platform Technology

Seacrest Markets intends to provide competitively priced trade execution in order to appeal to a wide range of clients. Despite no confirmed numbers from any brokers, brokers in this class usually offer flexible trading hours, variable spreads, and easy-to-reach minimum deposit requirements.
Seacrest Markets is also expected to provide clients access to all three platforms, Desktop, Web, and Mobile, so clients can use their favorite platform no matter what device they're using.

 

Feature

Details

Spreads

Variable, competitive (exact figures not disclosed)

Leverage

Flexible, depending on account type and instrument

Minimum Deposit

Not publicly specified

Trading Platforms

Likely includes desktop, web, and mobile platforms

Fee Structure

Traders can manage their costs by understanding their fees. While Seacrest Markets does not fully disclose its fee structure, typical ways brokers in this category charge fees include spreads, commissions, and, in some instances, deposit/withdrawal fees.

Here’s an overview of the fees typically associated with brokers similar to Seacrest Markets. No specific fee amounts are available for Seacrest Markets.

Fee Type

Details

Deposit Fees

Limited information available

Withdrawal Fees

Limited information available

Commission

Possibly applied on certain account types or instruments

Spreads

Variable, competitive

User Experience and Market Reputation

Limited information on customer experience is available for Seacrest Markets. Because there are a limited number of customer reviews, it is difficult for traders to feel confident about factors such as clear communication with their brokers, the ease of use of their trading platform, and an understanding of what is expected of them under regulation. For Seacrest Markets to become a reputable broker, it will be imperative that they obtain customer reviews to help potential customers evaluate the quality and reliability of the broker's services.

Recent Updates

At this time, Seacrest Markets has not issued any news releases or made any announcements to the public regarding the introduction of new services, updates to services already launched, or a plan for future strategic growth. This may be a result of Seacrest Markets being relatively new to the financial market, or it may be due to a lack of visibility for Seacrest Markets with the general public. Investors and traders should continue to follow all communications issued by Seacrest Markets concerning any future updates.

Conclusion

Seacrest Markets is a broker that provides clients with access to global financial markets through an innovative trading platform and technology. The lack of public information about the broker creates a challenging environment for investors and traders to assess Seacrest Markets' offerings and determine whether the broker is in compliance with regulatory agencies and provides a high level of customer service. Traders interested in trading with Seacrest Markets should conduct the necessary research, contact the broker directly for further information, and ensure they are in compliance with the regulations governing their trading.

 

Regulatory Licenses

Compliance & oversight

1 license
South Africa
FSCATier 2
South Africa#53315
License Details
Type:Financial Service Corporate
License #:53315
Status:Regulated
Validity
Effective:N/A
Expires:N/A
0
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

No Account Types

Account type information is not available for this broker yet.

Funding Methods

Deposit & withdrawal options

No Funding Methods

Funding method information is not available for this broker yet.

Trading Platforms

Professional trading tools

1 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Seacrest Markets: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Seacrest Markets at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Seacrest Markets

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

1 site
🌐
https://seacrestmarkets.io/
Unknown
Active
SSL
1
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Comments

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