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Achieve an 8% balance growth within 180 days. Ensure you do not breach the 3% daily loss limit or the 6% maximum drawdown.
A 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 Live Account.
A hard breach occurs when you violate either the Daily Loss Limit or the Maximum Trailing Drawdown rule, as both constitute a hard breach. If a hard breach happens, you will fail the Evaluation or lose your Live Account.
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 is determined as a fixed amount. For example, on a $100,000 account, the daily loss limit is $3,000.
Example 1: If your balance at the end of the previous day (23:50 GMT+2 or GMT+3) 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 (23:50 GMT+2 or GMT+3) 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 new balance at the end of the day would be $105,000. For the next day (23:50 GMT+2 or GMT+3), your daily loss limit is calculated based on this new balance, meaning your limit would be $102,000.
The maximum trailing drawdown is initially set at 6% of your account's starting balance and is based on a fixed amount. As your account balance increases, the trailing maximum drawdown remains in effect until you reach the 8% profit target.
Example 1: If your starting balance is $100,000, you can draw down 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, meaning your new Maximum Trailing Drawdown would be $96,000.
Example 3: If your account balance reaches or exceeds $108,000 in closed balance, you have achieved the profit target—congratulations! You can now move to the next stage, and the Max Trailing Drawdown will no longer apply.
Example 4: If your funded account increases to $109,000 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 place strong emphasis on sound risk management, which includes the mandatory use of stop-loss orders. If you fail to set a stop-loss when placing a trade or order, the trade will be automatically closed. Please note that this will be considered a soft breach of the rule, but you will still be allowed to continue trading in your account.
Please ensure that all trades are closed by 23:50 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time) on Friday. Any trades left open after this time will be automatically closed. Please note that this will be considered a soft breach, and you will be allowed to resume trading when the markets reopen.
Yes, if you do not place a trade within 14 days of purchasing an account, 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.
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 be created, funded, and issued to you within 24–48 business hours.
Once you pass the Evaluation, we will provide you with a live account supported by Sieg Capital. Please note that the capital in your Authorized Live Account is notional and may not correspond to the actual capital deposited with the Broker.
The Authorized Live Account does not alter the trading level or how the account operates. All conditions and rules applicable to a soft breach, hard breach, Daily Loss Limit, Maximum Trailing Drawdown, stop loss, and position limits remain in effect.
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.
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 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.
We reserve the right to limit the number of open positions you can hold in the Live Account at any time. Additionally, we may adjust the drawdown levels at which trading in the Live Account will be halted, depending on market conditions. Either we or the broker may decline any order.
The rules for the Authorized Live Account are similar to those for your Evaluation Account. However, the Authorized Live Account does not have an equity growth target.
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.
Traders can request a withdrawal of gains from their Authorized Live Account at any time via their trader dashboard. However, withdrawals are limited to once every fourteen (14) days. If you have made gains in your Authorized Live Account, you can submit a withdrawal request.
To withdraw gains, click the 'Withdrawal' button in your trader dashboard and enter the desired amount. Once your withdrawal request is approved, we will process the payment through your selected method.
Your first withdrawal can be requested at any time. After that, you may request withdrawals of the profits in your account every 14 days. When a withdrawal is approved, we will deduct our share of the profits, and your maximum trailing drawdown will be locked at your starting balance. The trailing drawdown does not reset when you request a withdrawal.
Example: You take an account from $100,000 to $120,000 and request a withdrawal of $16,000. In this case, you would receive $12,800, and we would retain $3,200. This withdrawal would reduce the account balance to $104,000, and your maximum trailing drawdown would be locked at $100,000. As a result, you would have a maximum potential loss of $4,000 on the account before violating the maximum trailing drawdown rule.
If you fully withdraw the profits in your live account, the maximum trailing drawdown will remain locked at the starting balance. Consequently, this would result in the forfeiture of your live account, as your balance would trigger a breach of the maximum trailing drawdown rule.
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.
Subject to compliance with relevant laws and regulations, traders from any country, except those restricted by OFAC, are eligible to participate in our program.
To purchase an evaluation account, you must be at least 18 years old or meet the minimum legal age requirement in your country.
Upon purchasing an Evaluation, you will gain access to a trader dashboard where you can monitor your Evaluation and 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.
Our risk management technology is currently integrated with several trading platforms. These platforms, along with pricing and execution, are provided by our broker. You can trade on Webtrader (MT4), MT4, and MT5.
Please find download links here.
We offer leverage of up to 1:30. For forex pairs, the leverage is 1:30; for metals and energies it is 1:10; for indices 1:15; and for stocks 1:10.
Trading hours are determined by the broker and are beyond our control. To view the trading hours for each product, right-click on any product in the Market Watch window of the platform and select 'Specifications' from the dropdown menu.
Please note that holidays may affect the available trading hours.
Additionally, in line with the 'no holding trades over the weekend' policy, all open trades are closed at 23:50 GMT+2 (Standard Time) or GMT+3 (Daylight Saving Time) on Fridays.
In the forex 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, SiegFund does not charge any fees for placing an order.
At SiegFund, we allow and encourage the use of Expert Advisors (EA) and high-frequency trading. We believe in empowering our traders to utilize legitimate methods to seize opportunities and profit from the market. This is a significant advantage, as many of our competitors do not permit such strategies.
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 or the broker(s) (“Broker”) it uses. Such prohibited trading (“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 a funded account, the trading activity of the Trader under these Terms and Conditions shall be reviewed by both the Company and the Broker to determine whether such trading activity constitutes Prohibited Trading. In the case of Prohibited Trading, the Trader shall not receive a funded 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.
At SiegFund, 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.
When trading a Live Account with our firm, you will be classified as an independent contractor. This means it will be your responsibility to manage and settle any tax obligations arising from your profits.
Achieve 10% balance growth in Phase 1 and 5% balance growth in Phase 2 within 360 days (180 days per phase). Ensure you do not breach the 5% daily loss limit or the 10% maximum drawdown.
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 at 00:00 server time, which is GMT+2 or GMT+3. Unlike other firms, we base our calculations solely on the previous day’s balance, not equity. This balance-only model allows you to maximize your gains without risking your account. The daily stop adjusts as your balance increases.
Example 1:
If your balance at the end of the previous day (23:50 GMT+2 or GMT+3) 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 (23:50 GMT+2 or GMT+3) 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 maximum daily loss for the new day (23:50 GMT+2 or GMT+3) will be based on the updated balance of $105,000 from the previous day. Consequently, your Daily Loss Limit would be $99,750.
You can request to become an Affiliate through the Client Dashboard or by emailing cs@siegfund.com. We will update your status within 24 hours.
The Sieg Affiliate Program calculates commissions based on the number of successful purchase orders you generate, offering up to a 21% profit split across four tiers. The minimum withdrawal amount is $100 to ensure seamless payment processing. For more details, please contact your account manager or email us at cs@siegfund.com.
SiegFund began in Australia in 2016, operating out of a small office in Sydney. Initially, a group of ambitious young day traders came together with a shared vision: to build trading into a sustainable, long-term career. As their trading careers evolved, they gained access to advanced trading systems, sparking innovative ideas about money management and risk mitigation. This collaborative environment encouraged the team to share and refine their skills in these critical areas of trading.
With the onset of the pandemic in 2020, our expertise across diverse financial sectors enabled us to develop innovative methods and skills aimed at insulating profit-seeking traders from market uncertainties. We offer professional and funding support to empower traders, helping to stabilize and amplify a wide range of trading strategies, resulting in consistent and reliable profits. The market has continually validated the effectiveness of this approach.
By 2024, SiegFund officially entered the retail markets, setting our sights on expanding our trader base. While this endeavor demands additional resources and strategic focus, we are confident it will contribute to growing our trader pool and reducing overall risk through diversified trading strategies.
We invite you to join us on this exciting journey as we shape the future of trading together.
SiegFund operates from Rm 1902-05, Dah Sing Financial Center, Wan Chai, HKSAR, with registration number 65938113, and has a representative office at Level 2, 673 Bourke St, Melbourne, VIC 3000.
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.
Set a Stop-Loss in MT4
If you have an open position, the terminal will show the Stop-Loss and Take Profit values set to 0.
You can right-click on the trade in the terminal and select 'Modify or Delete Order.' Don’t worry—you won’t delete the order. Just click on it, and you’ll see the boxes to make changes.
Here, you can use the arrows to adjust the value, but it might take a long time to reach something like 1.18. Instead, you can simply select the field, type the desired value (e.g., 1.1820), and click 'Modify.' Once done, you'll see that your Stop-Loss is set.
Now, I will remove this horizontal line so you can see clearly where the Stop-Loss is.
The red dashed line is the Stop-Loss level.
That’s how simple it is to set a Stop-Loss in MetaTrader 4. All you need to do is choose the level at which you want to place the Stop-Loss. In this example, if the price hits the Stop-Loss, we’ll still make a profit. Hovering over the Stop-Loss line shows a profit of $40, and below that, you can see the Pips. If we set the Stop-Loss at 1.1820, the profit will be $40, or a difference of 40 Pips.
In the Sieg Evaluation, you are welcome to use the scalping strategy—no worries about canceled trades if you take profits through scalping. However, keep in mind the minimum trading day requirements. For the 1 Step Evaluation, the minimum is 3 trading days. For the 2 Step Evaluations, the minimum is 4 trading days in Phase 1 and 2 trading days in Phase 2.
We value consistent profit-taking, so here’s the requirement: achieve a net Daily P&L equal to or greater than 1% of your starting balance on 3 separate days. For example, if you’re trading on a $400,000 account, you need to trade for at least the required number of days, with 3 separate days’ net P&L totaling at least $4,000.
If you hit the target but don't meet the daily P&L requirement, you will receive a new evaluation account to restart. If you encounter a soft breach during Phase 2, we will issue a Phase 2 evaluation account instead of starting over from Phase 1.
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At SiegFund, participants have the opportunity to manage multiple evaluation accounts to achieve their trading targets. Upon successfully reaching these targets, a live account will be allocated.
It is important to employ unique trading strategies for each evaluation account, as the use of identical strategies across accounts may be considered a soft breach of our compliance policies. In such cases, the SiegFund Compliance Team will conduct a comprehensive review and reserve the right to determine the number of live accounts to be issued. This may result in limiting participants to a single live account, particularly if repetitive strategies play a significant role in meeting the targets.
We offer add-on features to meet all traders' requirements. These include double leverage, weekend holding, no stop-loss, and a 90% profit share! However, for larger accounts (100k, 200k, and 400k evaluations accounts), add-on features are not available due to risk management considerations.
That said, you can request these features for free if you have actively traded a live account for over two months. The eligibility period begins from the date your live account is issued.
Upon successfully completing the evaluation, participants are required to complete the Know Your Customer (KYC) verification process, accessible via the dashboard. Simultaneously, our compliance team will carefully review your trading activities to ensure adherence to our established standards and verify the absence of any breaches of soft rules.
Once your trading qualification is confirmed, we will activate your live trading account.
For first-time participants, the evaluation purchase fee will be credited to your wallet, allowing you to request a payout at your convenience. Please note that this refund is applicable only to the initial transaction. For returning clients, the purchase fee will be credited to your live account balance, which can be withdrawn along with any accumulated profits at your discretion.
Kindly note that after a profit withdrawal or refund is processed, the maximum drawdown will be permanently set to the starting balance.
Once you request a payout, we will promptly review your trading history and account status. Under normal circumstances, payouts are processed within 24-48 hours. However, the average processing time is just 3 hours. Please note that if you request a payout on Friday or during a public holiday, processing will begin on the next business day.
Please refer to the table below for detailed requirements.
