Seacrest Markets has officially announced that it will be closing its proprietary trading programs as the company shifts its full focus toward building a CFD brokerage.
In an email sent to traders on February 4, 2026, the company confirmed that its Prop Trading Programs will be permanently closed by February 28, 2026.
Why Seacrest Markets Is Closing Its Prop Programs
According to the announcement, Seacrest Markets has been working on developing a trader-friendly CFD brokerage, following the same philosophy that previously supported its prop trading operations.
As part of this strategic shift, the company has decided to discontinue prop trading entirely in order to focus all resources and efforts on expanding its brokerage services.
What This Means for Traders
- No new prop trading accounts will be offered
- Existing prop trading programs will end by February 28, 2026
- Seacrest Markets will operate solely as a CFD brokerage going forward
Traders have been advised to follow official updates through the company’s blog and FAQ sections for further information related to the transition.
Industry Context
This move aligns with a broader industry trend where several prop trading firms are either tightening trading conditions or exiting the prop model altogether, while brokerage-focused businesses continue to grow due to regulatory and operational flexibility.
Conclusion
The closure of Seacrest Markets’ prop trading programs marks a significant change in its business direction. While this may impact prop traders, the company believes that focusing solely on brokerage services will create a more sustainable and trader-oriented future.