What is the Payout Policy?
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.
Any information contained on the SiegFund website, social media, or any other third-party site in relation to SiegFund, is used at your own risk and SiegFund assumes no responsibility or liability for any use or misuse of such information. Trading in financial markets is a high-risk activity and it is advised not to risk more than one can afford to lose. Sieg Corporation Limited does not take into consideration your personal financial situation. If you require financial advice, it is recommended that you speak to a financial adviser or licensed professional.
Sieg Corporation Limited is not a broker, does not accept deposits for brokers and does not provide any investment services. Sieg Corporation Limited does not act as or conduct services as a custodian. Purchases of programs should not be considered deposits. All program fees are used for operating costs including, but not limited to, staff, technology and other business-related expenses.
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