Are you seeking for answers? Quick answers to common questions for efficient understanding and clarity.
To start your journey with SiegPath:
Register on our website to create your account.
Choose between a Free Trial for practice or the SiegEvaluation™ for certification.
We recommend starting with the free trial, especially if you’re new. It allows you to test trading strategies without financial commitment to exploring our trading platform. You can retake the free trial as needed.
When ready, move on to the SiegEvaluation™, where your trading skills will be assessed for certification. Note that performance in the free trial or external track records won’t count toward qualification; our SiegEvaluation™ ensures you meet the criteria for managing an authorized live account.
SiegPath is a fintech company with a strong background in trading services, built through partnerships with financial institutions and brokers.
We spot and cultivate elite traders for our private equity partners through SiegEvaluation™, trusted by over 65,000 traders globally. We offer three evaluation plans tailored to diverse trading styles, providing access to opportunities in managing private equity funds.
We have established long term collaboration with our partners with SiegAI™ — an AI-driven business solution, this smart AI suite enhances client investing through Natural Language Processing (NLP), predictive analytics, and automated risk control—all integrated into a seamless platform.
To become a SiegCertified™ Trader:
Fulfill the trading objectives:
Complete the KYC process.
Processing to the next stage typically takes a few business days.
1 Step Express:
2 Step Standard/Flex Phase 1:
2 Step Standard/Flex Phase 2:
You can trade on our platform, Sieg Terminal. We have complete control over the user interface, and it supports TradingView charts. Access Sieg Terminal through our client portal.
U.S. stocks, currency pairs, indices, metals, crypto, and commodities. For detailed symbol list spread, contract, leverage information, please check here.
In the trading market, a trader's costs typically include the spread and transaction fees, collected by brokers as operational service charges. While our competitors charge $3–7 per lot, SiegPath does not charge any fees for placing an order.
To purchase an evaluation account, you must be at least 18 years old or meet the minimum legal age requirement in your country.
Subject to compliance with relevant laws and regulations, traders from any country, except those restricted by OFAC, are eligible to participate in our program.
Upon purchasing an evaluation, you will gain access to a trader dashboard where you can monitor your evaluation and authorized live accounts. The dashboard updates every time metrics are calculated, approximately every 60 seconds. It is your responsibility to keep track of your breach levels.
We offer risk management software synchronized with the accounts we create, allowing us to analyze your performance in real time for accomplishments or rule violations. Therefore, it is essential to use the account we provide.
Trading hours are determined by the broker and are beyond our control. To view the trading hours for each product, click on ""Buy"" or ""Sell"" in the symbol list, then select the product's info (i). The trading hours will be displayed on the interface.
Please note that holidays may affect available trading hours.
For 1 Step Express and 2 Step Standard accounts, trades must be closed by 10 mins before market close time GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time) on friday
I.E.
Currency Pairs – 23:50
Metals and Energies – 23:50
Indices – Depends on the index
Stocks – 22:50
Crypto – 23:50
Any trades left open after this time will be automatically closed. This is classified as a soft breach, allowing you to resume trading once the markets reopen.
For 2 Step Flex accounts, positions can be held over the weekend.
SiegPath operates from Unit 2005, 20/F, Dah Sing Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong.
Soft breach: Occurs when trades violate a rule, and as a result, all such trades will be closed. However, you may continue trading in your evaluation or authorized live account.
Hard breach: Occurs when you violate either the daily loss limit, the maximum drawdown or prohibited trading strategy rules, as both constitute a hard breach. If a hard breach happens, you will fail the evaluation or lose your authorized live account.
No. For anti-money laundering (AML) purposes, the name on the credit card used for purchasing the evaluation must match the name on your government-issued ID. Refunds and profit payouts can only be issued to the individual who passed KYC verification. SiegPath reserves the right to deny refunds or payouts if third-party payment methods or bank accounts are used.
To ensure compliance and facilitate the processing of your payout, the name registered in the SiegPath system must exactly match the name on your government-issued identification documents (e.g., ID card or passport). In cases where there is a discrepancy between your KYC name and our records, we reserve the right to request additional documentation. Additionally, if our internal compliance team detects any indication of identity theft, we may suspend your payout or reject the evaluation result.
No, only one discount can be applied per usage. If you have multiple discount codes or offers available, the system will automatically apply the highest discount to ensure you get the best deal.
We only refund the evaluation fee once you successfully pass the evaluation.
Refunds are not accepted in the following situations:
For users wishing to transfer to another plan with the same purchase fee and account size, we can assist in issuing a new account, provided there is no trading history on the original account.
Stop-loss is not mandatory on 5K to 100K accounts.
For accounts of 200K and 400K, placing stop-loss orders becomes mandatory to ensure effective risk management, positions opened without stop-loss would be considered a soft breach, such trade will be closed. While it is strongly recommended for all accounts, for these higher-tier accounts, the use of stop-loss orders is a requirement to protect against large drawdowns and minimize potential losses in volatile markets.
Yes, if you do not place a trade within 30 calendar days, your account will be considered inactive and subsequently closed. Please note that clicking the purchase button on the checkout page essentially acts as the starting gun.
No, you don't have to close the positions overnight. However, risk management is advised.
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.
Please note that the following trading methods are not allowed.
Hedging: Open both long(buy) and short(sell) positions on the same asset simultaneously between diffrent accounts or different users. Engaging insuch practices will result in a hard breach of your account.
Group Trading: Multiple accounts executing identical trades or mirroring each other's trading records, is strictly prohibited. This practice undermines market integrity and skews performance metrics. All traders must operate their accounts independently, ensuring that each trading strategy and record is unique to the individual account holder.
One-sided Bet: If a trader utilizes over 85% of their margin in one direction, the account will be flagged for a potential hard breach. This measure aims to prevent excessive risk exposure and ensure balanced trading strategies.
Significantly Higher Margin Usage Per Trade: Traders must not exceed a significantly higher margin usage per trade in their authorized live account.
Accounts that violate these rules will be flagged for a potential hard breach.
At SiegPath, we are excited to announce that news trading is fully permitted within our evaluation parameters. We recognize the potential of news events to drive significant market movements and encourage our traders to capitalize on volatility.
We believe in empowering traders to use legitimate methods to seize opportunities in the market. However, there are limitations due to our developing trading platform, Sieg Terminal.
Expert Advisors:
Currently, Sieg Terminal does not support expert advisor trading. We are actively developing a platform that will accommodate expert advisors in the future.
Copy Trading:
At present, Sieg Terminal only supports trade copying from KCM Trade MT4. We are also working on enhancements to expand our capabilities for other copy trading platform.
You are expressly prohibited from using the services to violate any law, statute, ordinance, regulation, or treaty, whether local, state, provincial, national, or international, or to violate the rights of a third-party, including, but not limited to intellectual property rights, privacy rights, rights of publicity, or other personal or proprietary rights.
Additionally, you are expressly prohibited from scraping, crawling, framing, posting unauthorized links to, aggregating, hacking, performing denial of service (DoS) attacks on, reverse engineering, or circumventing technological protection measures of the Services or the company website.
You are also prohibited from using the Services or the company website to transmit unsolicited commercial emails to third parties or traders of the company. While The company is not responsible for any such content posted by its traders and does not have the affirmative obligations to monitor such content, it does reserve the right to remove them.
You are also prohibited from using any trading strategy that is expressly prohibited by the company uses. Such prohibited trading shall include, but not be limited to:
If the company detects that your trading constitutes prohibited trading, your participation in the program will be terminated and may include forfeiture of any fees paid to the company. Additionally, and before any trader shall receive an authorized live account, the trading activity of the trader under these terms and conditions shall be reviewed by both the company to determine whether such trading activity constitutes prohibited trading. In the case of prohibited trading, the trader shall not receive an authorized live account.
Additionally, the company reserves the right to disallow or block any trader from participating in the program for any reason, in the company’s sole and absolute discretion.
We offer leverage of up to 1:30.
Currency Pairs 1:30
Metals and Energies 1:10
Indices 1:15
Stocks 1:10
Crypto 1:1
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
1 Step Express:
Achieve the consistency target for at least 3 days
Traders must achieve profitability within the specified number of days and meet the daily profit requirement for their account size.
When the account's floating equity reaches the daily loss limit, it will be considered a hard breach.
The daily loss limit is the maximum amount your account can lose in a single day. It is calculated based on the balance from the previous day, which resets daily at 00:00 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time). The daily loss limit adjust as your balance increases.
Example 1: If your balance at the end of the previous day was $100,000, your account would exceed the daily loss limit if your equity dropped to $97,000 during the day.
Example 2: If your floating equity is +$5,000 on a $100,000 account, your daily loss limit for the next day is still based on your balance from the previous day ($100,000). Therefore, your daily loss limit remains at $97,000.
Example 3: If you make a $5,000 profit on a $100,000 account, your closed balance at the end of the day would be $105,000. For the next day, your daily loss limit is calculated based on this new balance, meaning your limit would be $101,850.
When the account's floating equity reaches the maximum drawdown level, it will be considered a hard breach.
The maximum trailing drawdown is initially set at 6% of your account's 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.
Example 1: If your starting balance is $100,000, you can drawdown to $94,000 before violating the maximum trailing drawdown rule.
Example 2: If your account balance increases to $102,000 in closed balance, this becomes your new high-water mark.
Maximum Trailing Drawdown = $102,000 x 6% = $6,120
Maximum Trailing Drawdown level would be $102,000 - $6,120 = $95,880.
Example 3: If your live account increases to $106,400 in closed balance, the maximum trailing drawdown will be locked at your starting balance of $100,000. As long as you do not exceed the daily loss limit of 3%, you can continue to trade indefinitely.
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
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.
When the account's floating equity reaches the daily loss limit, it will be considered a hard breach.
The Daily Loss Limit is the maximum amount your account can lose in a single day. It is calculated using the balance from the previous day, which resets daily at 00:00 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time). The daily loss limit adjust as your balance increases.
Example 1:
If your balance at the end of the previous day was $100,000, your account would exceed the daily loss limit if your equity dropped to $95,000 during the day.
Example 2:
If your floating equity is +$6,000 on a $100,000 account, your maximum loss for the new day is still based on the previous day’s balance of $100,000. Therefore, your daily loss limit remains at $95,000.
Example 3: If you make a $5,000 profit on a $100,000 account, your closed balance at the end of the day would be $105,000. For the next day, your daily loss limit is calculated based on this new balance, meaning your limit would be $99,750.
When the account's floating equity reaches the maximum drawdown level, it will be considered a hard breach.
Maximum drawdown is the largest loss your account can sustain before breaching its limit. 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.
Example 1:
If your starting balance is $100,000, the maximum amount you can lose is $10,000. This means that if your balance falls to $90,000 or less, you will have violated the maximum drawdown rule.
Example 2:
If you increase your account balance to $105,000, the maximum drawdown level remains at $90,000. However, you must also adhere to the daily drawdown limit of 5%, which, in this case, is $99,750. Breaching this daily limit will result in losing the account.
Evaluation Account: This account uses demo initial balance, meaning there is no real money at stake. It is primarily for testing and evaluating your trading skills.
Authorized Live Account: This account trades in real market conditions with real money at stake, and you can withdraw your profits. There is no consistency rule or profit target. After your first payout, the max drawdown is locked to your initial balance, which means you cannot lose more than what you started with after the first payout.
After successfully passing the Evaluation, you will receive an email with instructions on how to access and complete your Trader Agreement. Once the agreement is finalized and all required supporting documentation is submitted, your authorized live account will issued to you within 48 business hours.
Payouts are subject to tax regulations, and it is solely the trader's responsibility to handle any applicable taxes.
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.
After successfully completing the evaluation and passing the KYC verification process, your trading activities will be reviewed by our compliance team. Once your qualification is confirmed, we will activate your authorized live account.
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.
At SiegPath, participants have the opportunity to manage multiple evaluation accounts to achieve their trading targets. Upon successfully reaching these targets, a authorized live account will be allocated. However, account merging is not possible. Each account operates separately, and merging would violate the platform’s policies.
Traders can request a payout of profits from their authorized live account at any time via their trader dashboard. However, payout are limited to once every fourteen (14) days. If you have made profits in your authorized live account, you can submit a payout request.
To withdraw gains, click the ""Withdrawal"" button in the client portal and enter the desired amount. Once your payout request is approved, we will process the payment.
The scaling plan rewards consistent, profitable traders by increasing their buying power—up to $1,000,000—and offering a 90% profit split after two successful upgrades.
How to Qualify for an Upgrade:
Once these are met, your account balance will be scaled up based on the progression table below.
Note: Scaling is only available for accounts with an initial demo balance between $5,000 and $50,000.
After 2 upgrades, the profit split will be upgraded to 90%.
Important Notes:
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.
If you have made profits in your authorized live account at the time of a hard breach, you will not be eligible to receive your share of those profits.
For example, suppose you have a $100,000 account and successfully increase it to $110,000. If a hard breach occurs and your account is closed, you will not qualify to receive your profit share.
We reserve the right to limit the number of open positions you can hold in the authorized live account at any time. Additionally, we may adjust the drawdown levels at which trading in the authorized live account will be halted, depending on market conditions. Either we or the broker may decline any order.
To manage risk and reduce transaction costs, we may act as the direct counterparty in certain trades initiated in your account. These trades are executed at prices provided by the broker. This approach ensures that you receive real market execution for your trades, while allowing us to dynamically manage risk by routing existing positions or future orders to third parties for execution, as deemed appropriate.
We believe that executing trades in simulated accounts does not provide the same level of real market execution or cost-effectiveness. Regardless of whether we act as the counterparty to your trades, the calculation of gains or losses on your authorized live account remains unchanged. However, acting as the counterparty introduces a potential conflict of interest, as your trades do not result in a net gain or loss for us, unlike scenarios where we are not the direct counterparty.
No. We maintain a separate relationship with the broker. The broker provides all market pricing and trade executions, which we do not alter or modify. Moreover, we do not increase transaction costs set by the broker by adjusting bid-offer spreads, markups/markdowns, commission charges, or swaps.
You can request to become an affiliate directly through the client portal. After your request is submitted, we will update your status within 3 business days and assign an affiliate manager to contact you.
The Sieg Affiliate Program offers LTV commissions based on the number of successful purchase orders you generate, including re-purchase orders, with profit splits of up to 15% across four tiers.
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