FAQ

We offer Addon features to meet all traders’ requirements. You can apply double leverage, weekend holding, no stop loss, and share 90% of profits with us!

However, for large-size accounts (100k, 200k, 400k challenge accounts), we don’t have addon features due to risk control concerns.

But you can request them for free if you trade a live account for over 2 months. The calculation will start from the date we issued the live account.

In the SIEG Challenge, you’re welcome to use the scalping strategy — no worries about canceled trades if you take profits through scalping.

However, keep in mind that we have a minimum of 5 trading days. This rule ensures that traders don’t hit the target by sheer luck but then fail to maintain the live account for at least 1 week.

We value consistent profit-taking, so here’s the requirement: Achieve a net Daily P&L on 3 separate days equal to or greater than 1% of your starting balance.

For example, if you’re trading on a $400,000 account, you need to trade for at least 5 days, with 3 separate days’ net P&L totaling at least $4,000.

If you hit the target but didn't meet daily PnL requirement, you will receive a new challenge account to restart. If you meet to soft breach in phase2, we will issue a phase2 challenge account, instead of begin from phase1.

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At SiegFund, we are excited to announce that news trading is fully permitted within our challenge parameters. We understand the potential that news events hold for significant market movements, and we encourage our traders to seize opportunities on volatility.

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:

• Exploiting errors or latency in the pricing and/or platform(s) provided by the Broker;
• Using any trading strategy intended to exploit or create errors in the Services such as errors in the display of prices or delay in their updates;
• Trading excessive or unrealistic number of contracts in the day;
• Performing trades using an external or slow Data feed;
• Engaging in trades or combinations of trades, either individually or in collaboration with others, including through connected accounts or accounts held with different SiegFund users, with the intent to manipulate, abuse, or gain an unfair advantage while using the Site or Services. This includes, but is not limited to, simultaneously entering into opposite positions;
• In collaboration with others, including through unconnected accounts and third parties, engaging in the same trading strategy (e.g., executing identical trades at the same time intervals), opposite strategies, or other activities intended to pool or hedge the risk of the aggregate, unconnected accounts;
• Utilizing one strategy to pass an assessment and then utilizing a different strategy in a funded account;
• Using any tools or methods that could negatively impact the operation of the Site and Services, or that are intended to exploit any errors, bugs, or other deficiencies in the Site and Services;
• Trading on behalf of others, including but not limited to sharing any incentives as part of a business arrangement;
• or engaging in other conduct which, at the sole discretion of SiegFund, represents uncommercial activity, is intended to game the market, or otherwise is not a viable trading strategy;

• Holding a Single Share Equity CFD position into an earnings release pertaining to that underlying equity.  To avoid being in breach of this rule, you must close all such Single Share Equity CFD positions by 3:50 pm Eastern Time on the day of the release, if an aftermarket release, or on the preceding day, if a before market open release.  Violation of this rule will constitute an immediate, hard breach of your account and any gain or loss on said position will be removed from any profit calculations;
• Entering into an Equity CFD at or near the end of the trading day with intent of profiting from the marketing gap between when the market closes and reopens on the subsequent trading day, as determined by SiegFund in its sole and absolute discretion;

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.  

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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.

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.

Trading hours are determined by the broker and are beyond our control. To view the trading hours for each product, simply right-click on any product in the Market Watch window of the platform and select "Specifications" from the dropdown menu.

Please be aware that holidays may affect the available trading hours.

Furthermore, in accordance with the "no holding trades over the weekend" policy, all open trades are closed at 3:45pm EST on Fridays.  

You can trade any products offered by the Broker. This includes FX pairs and CFD Indices, Metals, and Equity Shares. You can find the Symbol list here.

For more detailed spread, contract, leverage information, please check here.

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.

Upon purchasing an Assessment, you will receive access to a trader dashboard where you can monitor your Assessment and Live Accounts. The dashboard is updated every time we calculate metrics, which occurs roughly every 60 seconds. It is your responsibility to monitor your breach levels.

To buy an assessment/challenge account, you need to be at least 18 years old or meet the minimum legal age requirement in your country.

Subject to complying with relevant laws and regulations, traders from any country, except those listed by OFAC, are eligible to participate in our program.

We offer risk management software that is synchronized with the accounts we create. This enables us to analyze your performance in real time for accomplishments or rule violations. Therefore, it is a must for you to use the account that we provide to you.

Yes. If you do not place a trade within 14 days after purchasing an account, we will consider you inactive and your account will be closed. So please be reminded that the purchase button you clicked on the checkout page is essentially a Starting Gun.

Please ensure that all trades are closed by 3:45pm EST on Friday. Any trades that remain open after this time will be automatically closed. It's important to note that this is considered a soft breach, and you will be able to resume trading once the markets reopen.

We strongly emphasize the importance of sound risk management by implementing stop losses. Therefore, it is mandatory to have a stop loss on every trade. If you neglect to set a stop loss when placing a trade or order, we will automatically close the trade. Please note that this is considered a soft breach of the rule, and you will still be able to continue trading in your account.

• Soft breach means that we will close all trades that have violated the rule. However, you can continue trading in your Assessment or Live Account.  
• Hard breach means that you violated either the Daily Loss Limit or Max Trailing Drawdown rule. Both rules constitute a hard breach. In the event you have a hard breach, you will fail the Assessment or have your Live Account taken away.