SiegPath Updates — 16 June 2025

To enhance the trading experience for Sieg Traders, we have implemented the following updates to our system:

What's News?

Sieg Terminal

The platform is now integrated with TradingView Charts!

Payout Policy (valid on 16 June 2025)

"Max Trailing Drawdown Lock to initial balance after first payout" is no longer effective.

Payouts are subject to tax regulations, and it is solely the trader's responsibility to handle any applicable taxes.  

• Minimum withdrawal amount: $100

• First payout can be requested at any time, subsequent payouts processed every 14 days.

• After each successful payout:

• A new authorized live account is issued with the same specifications.

• The original account will be terminated, therefore, all profit should be request to withdraw for each payout.

• Example: Your $5,000 authorized live account has profit to $5,400. You requested $400 of payout, you will receive your profit share ($320 or $360) and a new authorized live account.  

Payouts are typically completed within 24-48 business hours, with an average processing time of 3 hours.

Payout Methods: Crypto (TRC20 or ERC20), PayPal, and bank transfers.

Instant Refund Policy (valid on 16 June 2025)

The evaluation fee will be refunded instantly, but only once for each account size.

Example: If a trader passes a $5K evaluation, they will receive the refund only once. They will not be eligible for a refund on any subsequent evaluations of the same account size.

How to request an upgrade in scaling plan?

Upon your request for a prop payout, we will thoroughly review your trading history to ensure compliance with SiegPath's prohibited policies and to assess your eligibility for an upgrade. Once the compliance team approves your payout, your existing authorized live account will be closed, and you will receive the payout along with a second authorized live account or scaling account, if applicable.

For example,  

• If you have a $5,000 account (1st authorized live account) and profit to $5,250, then withdraw $250, you will receive a second authorized live account with a $5,000 balance.

• If you again profit to $5,250 and withdraw $250, you should request a full payout, after which we will issue a third authorized live account.

According to the scaling plan, having achieved a 10% profit on the authorized live account and fulfilled the 3-day consistency target, you will be eligible for an upgrade to an authorized live account with a $7,500 initial balance.

Are you ready to become SiegCertified™ Trader? Use discount code “TV20” to claim 20%OFF a 2 Step Standard evaluation account!

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