FAQ

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,

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- 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.

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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:

• Profit Target: Reach a 10% profit on your authorized live accounts (same serie) .

• Consistency Target: Achieve the profit across at least 3 separate trading days.

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:

• The daily loss limit and max drawdown remain the same ratio after scaling up.

• Each scaled account is treated as a new account, and max drawdown resets to that account’s default.

• Upgrades must follow sequence—skipping levels is not allowed (e.g., $5,000 → $10,000 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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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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