1 Step Challenge
Embark on a journey to achieve an 8% profit goal at your pace. Unlock a funded account with a remarkable 90% profit split!
Challenge Objectives
Allowed in Challenge
Prohibited in Challenge
8%
8%
8%
8%
8%
8%
8%
This term refers to the earning objective, challengers need to achieve specific balance growth target to show that you're talent and skills. Please note that since a demo account uses virtual money, the profit target is also hypothetical and serves as a training tool to help users learn to set and work towards financial goals in a risk-free environment.
3%
3%
3%
3%
3%
3%
3%
The daily loss limit is the maximum amount your account can lose in a single day. We calculate the daily loss limit using the balance from the previous day, which resets at 5PM EST. The daily loss level is determined by a fixed amount, which will be $3,000 for a $100,000 account.
Example 1: If your balance at the end of the previous day (5pm EST) was $100,000, your account would exceed the daily loss limit if your equity dropped to $97,000 during the day.
Example 2: If your floating equity is +$5,000 on a $100,000 account, your maximum daily loss for the new day (5pm EST) is based on your balance from the previous day ($100,000). Therefore, your daily loss limit would still be $97,000.
Example 3: If you make a $5,000 profit on a $100,000 account, your maximum daily loss for the new day (5pm EST) is based on the balance from the previous day ($105,000). Hence, your daily loss limit would be $102,000.
6%
6%
6%
6%
6%
6%
6%
The maximum trailing drawdown is initially set at 6% from the starting balance of your account and is based on a fixed amount. As your account balance increases, the trailing maximum drawdown remains in effect until the 8% profit target is reached.
Example 1: If your starting balance is $100,000, you can drawdown to $94,000 before violating the Maximum Trailing Drawdown rule.
Example 2: If you take your account to $102,000 in CLOSED BALANCE, this becomes your new high-water mark, which means your new Maximum Trailing Drawdown would be $96,000.
Example 3: If you take your account ≥ $108,000 in CLOSED BALANCE, you have achieved the target, so congratulations, move to the next stage! Then the Max Trailing Drawdown will not be applicable.
Example 4: If you take your Funded account to $109,000 in CLOSED BALANCE, the maximum trailing drawdown would be locked at your starting balance of $100,000. If you don't exceed the daily loss limit of 3%, you can keep the account as long as you could.
Trailing
Trailing
Trailing
Trailing
Trailing
Trailing
Trailing
In 1 Step Challenge, we're process the trailing max drawdown. If you take your account to $102,000 in Closed Balance, this becomes your new high-water mark, which means your new Maximum Trailing Drawdown would be $96,000.
As a premier educational institution, we pride ourselves on delivering cutting-edge learning resources for traders specializing in Contracts for Difference (CFDs), stocks, and derivatives. Our mission is to empower our users with a thorough understanding of the financial markets, equipping them with the knowledge to navigate the complexities of trading. So you will get a physical badge, cutomized eBook, and access to join our webinar.
80%
80%
80%
80%
80%
80%
80%
Upon reaching your 8% trading target and successfully completing KYC process, you will be honored with the title of SIEG Certified Trader. This prestigious status not only recognizes your trading acumen but also entitles you to an impressive profit share of up to 90%, effective immediately.
30:1
30:1
30:1
30:1
30:1
30:1
30:1
We allow up to 30:1 leverage, Forex pairs are 30:1, Metals and Energies are 10:1, Indices are 5:1. Equity shares are 10:1. You can double leverage to 60:1 when you place the order by add-ons.
5 Days
5 Days
5 Days
5 Days
5 Days
5 Days
5 Days
This term refers to the least number of active trading days. This criterion ensures that traders exhibit consistent performance over multiple sessions, rather than achieving their targets through a single lucky trade. In our 1 Step Challenge, you need to place order at least 5 trading days.
45 Days
45 Days
45 Days
45 Days
45 Days
45 Days
45 Days
It is a critical component of the evaluation process. It’s designed to assess a trader’s ability to perform under pressure within a specified timeframe. In SIEG 1 Step Challenge, you need to achieve 8% balance growth target with 45 calendar days.
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.
We advise our traders to exercise caution with holding positions over the weekend. The financial markets are closed during this time, and unforeseen events can lead to significant gaps in price when they reopen on Monday. These gaps can result in substantial losses that are beyond our predictive capabilities. Therefore, we will close all the trades if you didn't purchase Add-on regarding it.
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.
0
0
0
0
0
0
0
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.
$85
$155
$315
$475
$755
$1,500
$3,000
Challenge Objectives
Allowed in Challenge
Prohibited in Challenge
10%
10%
10%
10%
10%
10%
10%
This term refers to the earning objective, challengers need to achieve 10% balance growth to show that you're talent and skills. Please note that since a demo account uses virtual money, the profit target is also hypothetical and serves as a training tool to help users learn to set and work towards financial goals in a risk-free environment.
5%
5%
5%
5%
5%
5%
5%
This term refers to the earning objective, challengers need to achieve 5% balance growth to show that you're talent and skills. Please note that since a demo account uses virtual money, the profit target is also hypothetical and serves as a training tool to help users learn to set and work towards financial goals in a risk-free environment.
5%
5%
5%
5%
5%
5%
5%
The Daily Loss Limit is the maximum amount your account can lose in a single day. We calculate the Daily Loss Limit using the balance from the previous day, which resets at 5 PM EST. Unlike other firms, we don't base our calculations on the previous day's equity. This balance-only model allows you to maximize your gains without the risk of losing your account. The Daily Stop is added to your account as your balance increases.
Example 1: If your balance at the end of the previous day (5 PM EST) was $100,000, your account would exceed the daily stop loss limit if your equity dropped to $95,000 during the day.
Example 2: If your floating equity is +$6,000 on a $100,000 account, your maximum loss for the new day (5 PM EST) is still based on your previous day's balance of $100,000. Therefore, your daily loss limit would remain at $95,000.
Example 3: If you make a $5,000 profit on a $100,000 account, your maximum daily loss for the new day (5 PM EST) is based on the previous day's balance of $105,000. Consequently, your daily loss limit would be $99,750.
10%
10%
10%
10%
10%
10%
10%
Maximum drawdown is the maximum your account can drawdown before you would hard breach your account. When you open the account, your Maximum Drawdown is set at 10% of your starting balance. This 10% is static and does not trail.
Example 1: If your starting balance is $100,000, the maximum amount you can lose is $10,000. So when your balance/equity is ≤ $90,000, you have violated the maximum drawdown rule.
Example2: If you increase your account balance to $105,000, the maximum drawdown level will still be $90,000 in this scenario. However, please note that you must not exceed the daily drawdown limit of 5%, which is $99,750. If you breach this limit, you will lose the account.
Static
Static
Static
Static
Static
Static
Static
In 2 Step Challenge, your Maximum Drawdown is set at 10% of your starting balance. This 10% is static and does not trail.
If your starting balance is $100,000, the maximum amount you can lose is $10,000. So when your balance/equity is ≤ $90,000, you have violated the maximum drawdown rule.
If you increase your account balance to $105,000, the maximum drawdown level will still be $90,000 in this scenario. However, please note that you must not exceed the daily drawdown limit of 5%, which is $99,750. If you breach this limit, you will lose the account.
As a premier educational institution, we pride ourselves on delivering cutting-edge learning resources for traders specializing in Contracts for Difference (CFDs), stocks, and derivatives. Our mission is to empower our users with a thorough understanding of the financial markets, equipping them with the knowledge to navigate the complexities of trading. So you will get a physical badge, cutomized eBook, and access to join our webinar.
80%
80%
80%
80%
80%
80%
80%
Upon reaching your 10% and 5% trading target and successfully completing KYC process, you will be honored with the title of SIEG Certified Trader. This prestigious status not only recognizes your trading acumen but also entitles you to an impressive profit share of up to 90%, effective immediately.
100:1
100:1
100:1
100:1
100:1
100:1
100:1
We allow up to 100:1 leverage, Forex pairs are 100:1, Metals and Energies are 30:1, Indices are 20:1. Equity shares are 10:1.
5 Days
5 Days
5 Days
5 Days
5 Days
5 Days
5 Days
This term refers to the least number of active trading days. This criterion ensures that traders exhibit consistent performance over multiple sessions, rather than achieving their targets through a single lucky trade. In our 2 Step Challenge, you need to place order at least 5 trading days on each phase.
90 Days
90 Days
90 Days
90 Days
90 Days
90 Days
90 Days
It is a critical component of the evaluation process. It’s designed to assess a trader’s ability to perform under pressure within a specified timeframe. In SIEG 2 Step Challenge, You need to achieve 10% and 5% balance growth target with 90 calander days (45 days per stage).
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.
We advise our traders to exercise caution with holding positions over the weekend. The financial markets are closed during this time, and unforeseen events can lead to significant gaps in price when they reopen on Monday. These gaps can result in substantial losses that are beyond our predictive capabilities. Therefore, we will close all the trades if you didn't purchase Add-on regarding it.
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.
0
0
0
0
0
0
0
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.
$65
$145
$285
$375
$590
$1,150
$2,350
Any information contained on the SIEG Fund website, social media, or any other third-party site in relation to SIEG Fund, is used at your own risk and SIEG Fund 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.
