A choice for traders with consistent profitability
To become a SiegCertified™ Trader:
Fulfill the trading objectives:
Complete the KYC process.
Processing to the next stage typically takes a few business days.
Daily Loss Limit (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 at 00:00 server time, which is GMT+2 or GMT+3.
Max Drawdown (10%, Static)
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 10% of your starting balance. This 10% is static and does not adjust as your account balance increases.
The consistency rule ensures traders maintain steady performance over designated trading days without relying on large singular trades to meet a profit target. It applies as follows:
Consistency Target:
$5K to $10K Accounts: 0.3% of initial balance
$20K to $100K Accounts: 0.5% of initial balance
$200K to $400K Accounts: 1% of initial balance
2 Step Standard / Flex:
Phase 1: Achieve the consistency target for at least 4 days
Phase 2: Achieve the consistency target for at least 2 days
Traders must achieve profitability within the specified number of days and meet the daily profit requirement for their account size.
We offer leverage of up to 1:100.
Currency Pairs 1:100
Metals and Energies 1:30
Indices 1:50
Stocks 1:10
Crypto 1:3
Positions can only be held over the weekend on the 2 Step Flex account. Please ensure you follow the rules for these types of accounts.