Shark Plan
- Trade Like a Shark!
New Users: FLASH50
Bite Like a Shark
Evaluate, Achieve, Payout
All in One Day!
You might just be on the wrong path—We’ve got you covered.
More of a long-term investor?
Check out our evaluation plan for that too.
Why We're Unique
Rewarding
Partner
Payout Ratio Scaling
Sieg Terminal
Stay connected to your accounts, manage your evaluations, and monitor your performance wherever you are.
Enjoy all-in-one access, automatic updates, and an interface designed for simplicity and efficiency. Just add it to your home screen and start trading with ease.
Frequently Asked Questions
Upon purchasing an account, you will immediately receive a 10K Flash Challenge account. If you achieve a profit of 5% on the initial balance ($10,500) in closed balance, you will pass the challenge! After completing KYC verification and signing our agreement, which takes about 10-20 minutes, you will be able to trade the authorized live account.
If you profit more than $100, you may request a reward payout. Your payout will be processed, usually within 3 hours, after our team reviews your trading activities.
For 10K Flash Challenge
First Entry: No
Retry Discount: Yes, 20% off.
Daily Loss Limit (2.5%)
When the account's floating equity reaches the daily loss limit, it will be considered a hard breach.It is calculated using the balance from the previous day, which resets in settlement period which is between 00:00 - 01:00 server time. We strongly advise traders not to trade in this time period since your floating lost might still under last day's lost limit.
Max Drawdown (5%, Trailing)
When the account's floating equity reaches the maximum drawdown level, it will be considered a hard breach.
When you open an account, the maximum drawdown is set at 5% of your starting balance and adjust upward as your account balance increases, trailing the high water mark of closed balance. However, this limit is capped at the initial funded amount during the authorized live account stage.
Once your authorized live accounts (of the same series) achieve a total profit of 10% and all profits have been paid out, you will receive an upgraded account based on the progression table below.
Important Notes:
- Any profit exceeding 10% in the current accounts (or series) will not be considered as a criterion for upgrading to the next account level.
- Upgrades must follow sequence - skipping levels is not allowed (e.g. 50% → 70% skip is not permitted)
- Upgrades must be approved by our team. SiegPath reserves the right to delay any upgrade pending review of the authorized live account.
Example:
If you earn $500 in the first account, you can payout $250 in profit. Then, SiegPath will issue a new account, with a payout ratio still at 50%.
In the second account, if you earn $700, you can payout $350. At this point, your cumulative profit has reached $1,200 (12%), and SiegPath will issue a third account.
The payout ratio for the third account will be upgraded to 60%, and the cumulative profit will reset to $0. If you continue to earn $900, you can withdraw $540. The cumulative profit for this series will be $900 (9%), not $2,100 (21%), because the account has been upgraded and any excess profit from the previous series will not count towards the criteria for further upgrades.
No, holding positions over the weekend is not permitted in the Shark Plan.
However, you can trade cryptocurrencies during the weekend.
Rm 7C, No.189, Section 1, Yongfu Rd, West Central District, Tainan City.