SeacrestFunded Platform Migration from cTrader to MT5

SeacrestFunded has informed its clients of an upcoming platform migration. The firm revealed that Purple Trading’s cTrader platform will no longer be servicing prop firms, prompting a transition of all cTrader accounts to MetaTrader 5 (MT5) under SeacrestFunded’s own infrastructure.

So, the update, shared publicly by SeacrestFunded, acknowledged that this development might be unexpected and unwelcome for many traders. However, the firm reassured clients that the migration would be smooth and without disruption to their current trading activities. “Your balances and everything will remain the same and everything will transfer over with ease,” the company stated.

SeacrestFunded Platform Migration from cTrader to MT5

So, the migration process is going by the end of this month, with all existing Purple Trading cTrader accounts being shifted to the SeacrestFunded MT5 platform. Clients have to stay tuned for additional details, including exact migration dates and step-by-step guidance, which will be available in the coming days.

This shift comes as the latest change in the evolving landscape of proprietary trading platforms, where regulatory and operational adjustments are becoming increasingly common. While SeacrestFunded did not disclose the specific reasons behind Purple Trading’s decision, the prop firm emphasized its commitment to maintaining continuity and supporting traders through the transition.

Also, SeacrestFunded expressed gratitude to its client base, saying, “We apologize for any inconvenience this may cause any of our customers. Thank you for your loyalty and support and have a wonderful weekend.”

For traders concerned about platform performance or account management during the switch, the firm’s support team is going to offer direct assistance and resources to ensure a seamless experience.

The Bottom Line: A Recap of Significance

• SeacrestFunded will migrate all cTrader accounts to MT5 by the end of the month.
• This comes after Purple Trading decided to stop servicing prop firms on cTrader.
• The firm assures clients a smooth transition with no changes to balances or account details.

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