Seacrest Markets

Seacrest Markets (PTY) Ltd is a South African brokerage that entered the market in February 2025. The company is registered in South Africa and operates from an address in Umhlanga, Durban, Kwa-Zulu Natal. As a new entrant, it aims to provide trading services to both retail and institutional clients, leveraging the MetaTrader 5 platform.

The broker positions itself as a derivatives trading provider, with a focus on delivering access to global financial markets. Given its recent establishment, it is still building its track record and reputation within the industry.

Seacrest Markets holds a Derivatives Trading License (EP) from the Financial Sector Conduct Authority (FSCA), South Africa's financial regulator. The license number on file is 53315. This regulatory status is a key point for traders considering the broker, as FSCA oversight provides a level of consumer protection.

However, the status of the license is not specified in the available data, and traders are advised to verify the current standing of the license directly with the FSCA. The broker's regulatory framework is an important factor in assessing its credibility.

The broker offers trading through the MetaTrader 5 (MT5) platform, a widely used and respected trading interface known for its advanced charting tools, automated trading capabilities, and multi-asset support. MT5 allows traders to access various asset classes, including forex, CFDs, and other derivatives.

Specific details on the range of instruments, such as the number of currency pairs, commodities, indices, or cryptocurrencies, are not disclosed in the provided information. Traders interested in the full product offering should consult the broker's website or contact their support team for a comprehensive list.

Seacrest Markets advertises multiple account types to cater to different trading preferences and experience levels. However, the specific account tiers, their features, minimum deposit requirements, spreads, and commissions are not detailed in the available data.

Similarly, information on funding methods, such as bank transfers, credit/debit cards, or e-wallets, is not provided. Prospective clients should review the broker's official documentation or reach out to customer support to obtain accurate and up-to-date information on account options and funding procedures.

The broker states that it provides customer support through live chat and other communication channels. This is intended to assist traders with account setup, technical issues, and general inquiries.

Given the broker's recent launch, the responsiveness and effectiveness of its support team are still being evaluated by early users. Traders who prioritize reliable support may want to test the response times and quality of assistance before committing significant funds.

As a new broker, Seacrest Markets may appeal to traders who are comfortable with a recently established entity and are willing to conduct their own due diligence. The use of MT5 is a positive for those familiar with the platform.

However, traders who require a long operational history, proven withdrawal processes, and a strong track record of customer satisfaction may prefer more established brokers. It is essential for potential clients to consider their own risk tolerance and research the broker thoroughly before opening an account.

Seacrest Markets is a new South African broker with FSCA regulation, offering trading via MT5. While the regulatory license adds a layer of credibility, the lack of detailed information on account types, fees, and funding methods, combined with its short operational history, means traders should approach with caution.

As with any broker, it is advisable to start with a small deposit, test the platform and support, and ensure that withdrawal processes work smoothly before committing larger sums. Staying informed and vigilant is key when dealing with any financial service provider.