1 Step Express Challenge

Embark on a journey to achieve an 8% profit goal at your pace. Unlock a funded account with a remarkable 90% profit split!

5,000USD
There are 7 challenge programs you can choose from to enhance your skills!
Beginner
Demo Initial Balance
5,000USD
Beginner
Demo Initial Balance
10,000USD
Experienced
Demo Initial Balance
20,000USD
Experienced
Demo Initial Balance
50,000USD
Experienced
Demo Initial Balance
100,000USD
Elite
Demo Initial Balance
200,000USD
Elite
Demo Initial Balance
400,000USD
Objectives
Demo Profit Target

8%($400)

8%($800)

8%($1,600)

8%($4,000)

8%($8,000)

8%($16,000)

8%($32,000)

This term refers to the earning objective, challengers need to achieve specific balance growth target to show that you're talent and skills. Please note that since a demo account uses virtual money, the profit target is also hypothetical and serves as a training tool to help users learn to set and work towards financial goals in a risk-free environment.

Risk Management
Max Daily Loss

3%

3%

3%

3%

3%

3%

3%

The daily loss limit is the maximum amount your account can lose in a single day. We calculate the daily loss limit using the balance from the previous day, which resets at 5PM EST. The daily loss level is determined by a fixed amount, which will be $3,000 for a $100,000 account.

Example 1: If your balance at the end of the previous day (5pm EST) 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 maximum daily loss for the new day (5pm EST) is based on your balance from the previous day ($100,000). Therefore, your daily loss limit would still be $97,000.

Example 3: If you make a $5,000 profit on a $100,000 account, your maximum daily loss for the new day (5pm EST) is based on the balance from the previous day ($105,000). Hence, your daily loss limit would be $102,000.

Max Total Drawdown

6%

6%

6%

6%

6%

6%

6%

The maximum trailing drawdown is initially set at 6% from the starting balance of your account and is based on a fixed amount. As your account balance increases, the trailing maximum drawdown remains in effect until the 8% profit target is reached.

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 you take your account to $102,000 in CLOSED BALANCE, this becomes your new high-water mark, which means your new Maximum Trailing Drawdown would be $96,000.

Example 3: If you take your account ≥ $108,000 in CLOSED BALANCE, you have achieved the target, so congratulations, move to the next stage! Then the Max Trailing Drawdown will not be applicable.

Example 4: If you take your Funded account to $109,000 in CLOSED BALANCE, the maximum trailing drawdown would be locked at your starting balance of $100,000. If you don't exceed the daily loss limit of 3%, you can keep the account as long as you could.

Drawdown Type

Trailing

Trailing

Trailing

Trailing

Trailing

Trailing

Trailing

In 1 Step Challenge, we're process the trailing max drawdown. If you take your account to $102,000 in Closed Balance, this becomes your new high-water mark, which means your new Maximum Trailing Drawdown would be $96,000.

Benefits and Rewards
What you will get
Physical Badge
SIEG eBook
SIEG Certification
Physical Badge
SIEG eBook
SIEG Certification
Physical Badge
SIEG eBook
SIEG Certification
Physical Badge
SIEG eBook
SIEG Certification
Physical Badge
SIEG eBook
SIEG Certification
Physical Badge
SIEG eBook
SIEG Certification
Physical Badge
SIEG eBook
SIEG Certification

As a premier educational institution, we pride ourselves on delivering cutting-edge learning resources for traders specializing in Contracts for Difference (CFDs), stocks, and derivatives. Our mission is to empower our users with a thorough understanding of the financial markets, equipping them with the knowledge to navigate the complexities of trading. So you will get a physical badge, cutomized eBook, and access to join our webinar.

Certified Profit Split Level

80%

80%

80%

80%

80%

80%

80%

Upon reaching your 8% trading target and successfully completing KYC process, you will be honored with the title of SIEG Certified Trader. This prestigious status not only recognizes your trading acumen but also entitles you to an impressive profit share of up to 90%, effective immediately.

Trading Parameters
Leverage

30:1

30:1

30:1

30:1

30:1

30:1

30:1

We allow up to 30:1 leverage, Forex pairs are 30:1, Metals and Energies are 10:1, Indices are 5:1. Equity shares are 10:1. You can double leverage to 60:1 when you place the order by add-ons.

Minimum Trading Days

4 Days

4 Days

4 Days

4 Days

4 Days

4 Days

4 Days

In our 1-Step Challenge, you need to place an order at least 4 trading days and achieve daily PnL greater than

  • 0.3% of initial balance for Beginner ($5,000 to $10,000)
  • 0.5 % of initial balance for Experienced ($20,000 to $100,000)
  • 1.0% of initial balance for Elite ($200,000 to $400,000)
Challenge Time Limit

180 Days

180 Days

180 Days

180 Days

180 Days

180 Days

180 Days

It is a critical component of the evaluation process. It’s designed to assess a trader’s ability to perform under pressure within a specified timeframe. In SIEG 1 Step Challenge, you need to achieve 8% balance growth target with 180 calendar days.

Fees and Charges
Commissions

0

0

0

0

0

0

0

In the forex trading market, a trader’s costs typically include the spread and transaction fees, which are collected by brokers as operational service fees. Our competitors charge $3-7 per lot, but at SiegFund, we don’t charge you any fees to place an order.

Challenge Fee (Refundable)
$85
$155
$315
$475
$755
$1,500
$3,000
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