FAQ

• 1 Step Express:
  • Achieve 8% balance growth within 180 days.
  • Complete a minimum of 3 trading days with a daily profit target between 0.3% and 1%.
    

• 2 Step Standard Phase 1:
  • Achieve 10% balance growth within 180 days.
  • Complete a minimum of 4 trading days with a daily profit target between 0.3% and 1%.
• 2 Step Standard Phase 2:
  • Achieve 5% balance growth within 180 days.
  • Complete a minimum of 2 trading days with a daily profit target between 0.3% and 1%.

Please refer to the table below for detailed requirements.

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.

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, 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.

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 evaluation 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, 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.

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.

You can trade any products offered by the Broker. This includes FX pairs, CFD Indices, Metals, and Stocks. 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 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.

To purchase an evaluation account, you must be at least 18 years old or meet the minimum legal age requirement in your country.

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

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.

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.

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.

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.

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.