FAQ

No, holding positions over the weekend is not permitted in the 10K Flash Challenge. However, you can trade cryptocurrencies during the weekend.

No, the 10K Flash Challenge does not offer a refund for the evaluation fee.

No, the 10K Flash Challenge is not eligible for the scaling plan.

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.

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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.

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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.

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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 5% 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 $10,000, you can drawdown to $9,500 before violating the maximum trailing drawdown rule.

Example 2: If your account balance increases to $10,200 in closed balance, this becomes your new high-water mark.

Maximum Trailing Drawdown = $10,200 x 5% = $510

Maximum Trailing Drawdown level would be $10,200 - $510 = $9,690

Example 3: If your live account increases to $10,526.3 in closed balance, the maximum trailing drawdown will be locked at your starting balance of $10,000. As long as you do not exceed the daily loss limit of 2.5%, you can continue to trade indefinitely.

Failuer of evaluation occurs when an account's floating equity hits the daily loss limit. This limit represents the maximum allowable loss for the account within a single trading day and is recalculated daily based on the previous day’s closing balance. The reset takes place between 00:00 and 01:00 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time). As your account balance grows, so does your daily loss limit.

Examples:

• If your previous day’s balance was $10,000, breaching the daily loss limit would occur if equity falls to $9,750.
• With a floating profit of +$400 on a $10,000 account, the daily loss limit for the next day remains based on the prior balance of $10,000 (limit: $9,750).
• If you close the day with a $400 profit, resulting in a new balance of $10,400, the next day’s loss limit will be adjusted accordingly—e.g., $10,140.

Please note: between 00:00–01:00 system time, daily loss limits are updated sequentially. Trades placed during this settlement period may still be subject to the previous day’s limit. To avoid unintended impacts, we recommend refraining from trading at this time.

The 10K Flash Challenge has no consistency rule, making it ideal for traders with sharp market insights. This program allows traders to achieve certification and receive payout rewards on the same day as their purchase.

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