It should provide good drainage and good aeration. How much and how often to water the seifrizii palm will depend upon the type and size of container and also to a large extent on the palm's location. Water thoroughly, allowing the soil to become nearly dry between waterings. The seifrizii palm as most Chamaedorea, will stand considerable neglect in watering. However, water left standing in a saucer will, with certainty, damage the plant within the container.
Fertilization is simple.
Lightly fertilize three or four times a year. Remember that palms like the minors also. Apply on the soil away from the stems. The seifrizii grows thriftily indoors in most locations. Avoid both direct sunlight and low light areas such as dark corners.