FAQ

The minimum amount that you can withdraw from the Authorized Account is one hundred dollars ($100).

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.

Payouts are subject to tax regulations, and it is solely the trader's responsibility to handle any applicable taxes. You will be classified as an independent contractor for tax purposes, and taxes will be deducted from your payout amount.

Max Trailing Drawdown:

After your first payout, the maximum drawdown will be locked to your initial balance, meaning your maximum allowable loss will be the amount you started with.

Example: You take an account from $100,000 to $120,000 and request a withdrawal of $16,000.  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.

• You can request your first payout at any time.
• The minimum withrawal amount is $100.
• Payouts are processed every 14 days thereafter.
• Payouts are typically completed within 24-48 business hours, with an average processing time of 3 hours.
• Instant refund is available for your order.
• Payout Methods: Crypto (TRC20 or ERC20), Skrill, PayPal, and bank transfers.

Evaluation Account: This account uses demo initial balance, meaning there is no real money at stake. It is primarily for testing and evaluating your trading skills.

Authorized Live Account: This account trades in real market conditions with real money at stake, and you can withdraw your profits. There is no consistency rule or profit target. After your first payout, the max drawdown is locked to your initial balance, which means you cannot lose more than what you started with after the first payout.

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.

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.

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.

After successfully completing the evaluation and passing the KYC verification process, your trading activities will be reviewed by our compliance team. Once your 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. For returning clients, the purchase fee will be credited to your live account balance, which can be withdrawn along with any profits.

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.

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.

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.

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.

However, account merging is not possible. Each account operates separately, and merging would violate the platform’s policies.