Essential info on account setup, trading basics, and common queries to kickstart your prop trading journey.
No, only one discount can be applied per usage. If you have multiple discount codes or offers available, the system will automatically apply the highest discount to ensure you get the best deal.
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.
Subject to compliance with relevant laws and regulations, traders from any country, except those restricted by OFAC, are eligible to participate in our program.
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.
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.
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.
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.
To purchase an evaluation account, you must be at least 18 years old or meet the minimum legal age requirement in your country.
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.
SiegFund is an educational platform that provides prop trading services. We established the Talent Trader Spotting Program to recruit profitable traders from around the world. Additionally, we are dedicated to growth with our traders, which is why we created Sieg Academy and open up career-elevating opportunities.
We understand that payouts are the most concerning aspect of this business. Therefore, we partnered with a private equity firm to ensure genuine trading capital. Additionally, we partnered with industry-leading brokers to ensure that traders' orders are executed in real market conditions, enabling authentic profits.
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.
To begin your journey with SiegFund:
Start by registering on our website to create your account. Once you're signed up, you can choose between a Free Trial for practice and learning or an Evaluation Program to qualify for funding.
We recommend starting with the Free Trial, especially if you're new or want to practice and get comfortable with the platform. The Free Trial gives you the chance to test your trading strategies without any financial commitment. During the trial, you will also have the opportunity to explore some of our trading applications and receive a performance analysis to help you improve. You can retake the Free Trial as many times as needed to ensure you are fully prepared before moving on to the next step.
Once you feel ready, you can move on to the Evaluation Program, where your trading skills will be assessed to determine if you're eligible for funding. Please note that performance in the Free Trial or any external track records won’t count toward your qualification. Our Evaluation Program is specifically designed to ensure you meet the criteria for managing a funded account.
To become a Sieg Certified Trader:
Fulfill the trading objectives:
• Daily Loss Limit and Max Drawdown: Stay within specified limits.
• Profit Target: Achieve the required profit.
• Consistency Rule: Meet the consistency criteria.
• Avoid prohibited strategies. View details on prohibited strategies here.
Complete the KYC process.
Processing to the next stage typically takes a few business days.
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.
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.