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SiegPath (SiegFund) Review 2026

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3.56/10
TU Overall Score
The TU Overall Score is an independent, data-driven rating based on 65+ measurable criteria, including challenge conditions, trading conditions, risk limits, supported platforms, funding options, and verified trader feedback. Each factor is weighted and scored using objective data to reflect real prop firm performance and accessibility for traders.
Learn more about TU’s methodology
Minimum deposit:
  • $65
Trading platform:
  • MetaTrader4
  • MetaTrader5
  • KCM WebTrader
Trading features
  • Automated trading strategies are allowed
  •  All open positions must be closed before the weekend.
Leverage
  • Up to 1:100

Our Evaluation of SiegPath

3.56/10
TU Overall Score
The TU Overall Score is an independent, data-driven rating based on 65+ measurable criteria, including challenge conditions, trading conditions, risk limits, supported platforms, funding options, and verified trader feedback. Each factor is weighted and scored using objective data to reflect real prop firm performance and accessibility for traders.
Learn more about TU’s methodology
Traders Union icon

SiegPath is a prop trading firm with higher-than-average risk and the TU Overall Score of 3.56 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by SiegPath clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable partner with better conditions, as, according to reviews, many clients of this firm are not satisfied with the company’s work.

SiegPath (SiegFund) ensures user accounts and client data security by implementing advanced encryption methods and adhering to KYC (Know Your Client) and AML (Anti-Money Laundering) regulations. The firm offers a wide range of account types and allows its clients to use leverage and various trading strategies.

How we tested SiegPath

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Brief Look at SiegPath

SiegPath (SiegFund), founded in 2016 in Australia, is a prop firm that provides funding up to $400,000 to experienced traders with proven strategies. There are 1-step and 2-step challenges. The firm’s asset pool includes currency pairs, CFDs on stocks, stock indices, metals, and other financial instruments. SiegPath serves clients worldwide, excluding OFAC (the Office of Foreign Asset Control) sanctioned countries.

Advantages of trading with SiegPath:
  • Lifetime referral rewards;
  • Initial payment refund upon successful assessment;
  • Transparent monitoring system through a SiegPath user account;
  • Continued trading after minor violations.
Disadvantages of SiegPath:
  • No additional bonuses;
  • Strict daily profit target requirements.

TU Expert Verdict

Anton Kharitonov

Chief Analytics Officer

SiegPath is a proprietary trading firm that offers one-step and two-step evaluation programs, with account sizes ranging from $5,000 to $400,000. Traders can use MetaTrader 4, MetaTrader 5, or KCM WebTrader on assessment and live funded accounts, using leverage up to 1:100 depending on the program. The firm supports trading Forex, stock CFDs, indices, precious metals, and energies, and allows automated strategies, scalping, and trading during news events. Successful traders receive funded accounts with profit splits of 80%-90% and benefit from rapid performance metrics and flexible challenge restart options following soft breaches.

Notable drawbacks include the absence of a free evaluation, unavailable instant funding, strict daily and total drawdown limits, mandatory stop-loss and Friday position closure, limited funding currencies, no crypto trading, and online-only customer support with no phone access. SiegPath may be suitable for active traders seeking access to multiple asset classes and who can manage under tighter risk and operational rules, but may not be ideal for those seeking more flexibility, instant funding, or broader support options.

SiegPath Summary

Your capital is at risk.  CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

💻 Trading platform: MetaTrader 4 (MT4), MetaTrader 5 (MT5), KCM WebTrader
📊 Accounts: Assessment and live accounts with $5,000, $10,000, $20,000, $50,000, $100,000, $200,000, and $400,000 balances
💰 Account currency: USD
💵 Deposit / Withdrawal: PayPal, Skrill, cryptocurrencies, and bank transfers
🚀 Minimum deposit: $65 for 2-step challenge and $85 for 1-step challenge
⚖️ Leverage: Up to 1:100
💼 Copy Trading: No
📈️ Min Order: 0.01
💱 EUR/USD spread: From 1.6 pips for EUR/USD
🔧 Instruments: CFDs, currency pairs, precious metals, indices, stocks, and energies
💹 Margin Call / Stop Out: No
🏛 Liquidity provider: No
📱 Mobile trading: Yes
➕ Affiliate program: Yes
📋 Order execution: Market
⭐ Trading features: Automated trading strategies are allowed;
 All open positions must be closed before the weekend.
🎁 Contests and bonuses: Yes

SiegPath (SiegFund) is a PE firm, an authorized prop firm that filters qualified traders. This means that once traders reach the funded stage, they trade with real capital in live markets, rather than on a virtual account. This approach is designed to maximize the benefit between company and traders, and comprehend the nature of prop trading. SiegPath offers lower pricing, 3 types of evaluations, and free trading conditions that support EA, news trading, and flexible trading strategies. SiegPath permits scalping strategies and trading during news events. However, all open positions must be closed by 15:45 EST on Friday. Additionally, the firm requires stop-loss orders for every trade. Inactive accounts are closed after 14 days.

SiegPath Key Parameters Evaluation

Score:
In this section, we compare key challenge parameters such as trading duration, plan options, capital allocation, profit targets, and risk limits. All data is evaluated using our proprietary methodology and is provided for informational purposes only.
5.5/10

Challenge rules and pricing

SiegPath provides access to funding up to $400 000, with challenges requiring at minimum of 3 trading days. The entry-level plan starts at $65, and the fee is refundable if the challenge is successfully completed.

Advantages
  • High funding potential — up to $400 000
  • Multiple scaling options
  • Flexible trading rules and conditions
Disadvantages
  • No instant funding options
  • No demo account provided

SiegPath Challenge fees and plans

We compared SiegPath’s challenge plans by key parameters including pricing, profit targets, loss limits, and managed capital.

Available Trading Plans

Trading Plans 1 - Profit target, $ 2 - Profit target, $ 3 - Profit target, $ Daily loss,% Managed amount, USD Max. loss, % Price, USD or EUR
1 Step - Beginner
  • 400
  • 800
  • No
  • No
  • No
  • No
  • 3
  • 3
  • 5 000
  • 10 000
  • 6
  • 6
  • 85
  • 155
2 Step - Experienced
  • 2000
  • 5000
  • 10000
  • 1000
  • 2500
  • 5000
  • No
  • No
  • No
  • 5
  • 5
  • 5
  • 20 000
  • 50 000
  • 100 000
  • 10
  • 10
  • 10
  • 285
  • 375
  • 590
2 Step - Elite
  • 20000
  • 40000
  • 10000
  • 20000
  • No
  • No
  • 5
  • 5
  • 200 000
  • 400 000
  • 10
  • 10
  • 1150
  • 2350
1 Step - Experienced
  • 1600
  • 4000
  • 8000
  • No
  • No
  • No
  • No
  • No
  • No
  • 3
  • 3
  • 3
  • 20 000
  • 50 000
  • 100 000
  • 6
  • 6
  • 6
  • 315
  • 475
  • 755
1 Step - Elite
  • 16000
  • 32000
  • No
  • No
  • No
  • No
  • 3
  • 3
  • 200 000
  • 400 000
  • 6
  • 6
  • 1500
  • 3000
2 Step - Beginner
  • 500
  • 1000
  • 250
  • 500
  • No
  • No
  • 5
  • 5
  • 5 000
  • 10 000
  • 10
  • 10
  • 65
  • 145

What’s the minimum trading period for SiegPath’s challenge?

A minimum of 3 trading days is required, regardless of how quickly you reach the profit target.

Does SiegPath offer a free evaluation?

No, SiegPath does not offer a free evaluation option. If you’re looking for firms that do provide this feature, you may consider exploring other companies that support free challenge models, such as: Funded Trading Plus, Plutus Trade Base, FTUK.

Is instant funding available at SiegPath?

No, SiegPath does not offer instant funding. If this option is important to you, consider exploring other firms that provide instant funding models, such as: GoatFundedTrader, Funded Trading Plus, Hola Prime.

Score:
We evaluate trading conditions and profit split terms in accordance with our proprietary methodology. This includes the analysis of maximum leverage, maximum loss limits, and restrictions on trading strategies. We also account for limitations like mandatory stop-losses and weekend position closures. Each parameter in the section is scored based on its impact on trading flexibility.
8.25/10

Trading rules

SiegPath outlines the main rules for funded accounts, including a max. loss of 6% and a daily loss limit of 3%. The firm also restricts certain trading strategies, which are detailed below.

Advantages
  • Scalping allowed
  • Trading bots (EAs) allowed
  • Flexible leverage up to 1:100
Disadvantages
  • Weekend close required

SiegPath trading conditions

We compared SiegPath’s leverage and trading conditions with competitors to help you better understand how it measures up.

SiegFund GoatFundedTrader SabioTrade
Max. loss, % 6 6 6
Max. leverage 1:100 1:100 1:30
Weekend close rule Yes No No
Mandatory Stop Loss Yes No No
Trading bots (EAs) Yes Yes Yes
News trading Yes Yes Yes
Scalping Yes No Yes
Copy trading Yes No No
Score:
This section evaluates how efficiently, quickly, and cost-effectively a prop firm handles internal and external transactions. We assess available funding and payout methods, supported currencies, and how often traders can withdraw profits. For more information, refer to our methodology
5.25/10

Deposit and Withdrawal

SiegPath earned a Medium score based on how smoothly and conveniently traders can deposit and withdraw funds.

The deposit and withdrawal options at SiegPath meet most standard requirements and are in line with what many prop firms provide.

Advantages
  • Bitcoin (BTC) supported
  • USDT (Tether) supported
  • Supports bank wire transfers
  • PayPal supported
Disadvantages
  • No bank сard option
  • Limited base currency options
  • Limited deposit and withdrawal options

Deposit and withdrawal options

To help you evaluate how SiegPath performs, we compared its deposit and withdrawal methods with those of two competing proprietary trading firms.

SiegPath Payment options vs Competitors

SiegPath GoatFundedTrader SabioTrade
Bank Card No Yes Yes
Bank Wire Yes No No
Crypto Yes Yes Yes
PayPal Yes Yes No
Wise No No No
Payoneer No No No
Skrill Yes No No
Neteller No No No

Profit withdrawal frequency

We compared SiegPath with other prop firms based on how frequently traders can withdraw their profits: on demand, weekly, or monthly. Firms that allow more frequent payouts offer greater flexibility and quicker access to earnings.

SiegPath GoatFundedTrader SabioTrade
On demand No No Yes
Weekly No No No
Biweekly Yes Yes No
Monthly No No No

What base account currencies are available?

SiegPath offers the following base account currencies:

Score:
2.7/10

Trading Account Opening

To start the challenge with SiegPath, go to the firm’s official website and register following the below instructions.

1

At the top of any page, click “Sign Up”.

Review of SiegFund’s User Account — Start registration
Review of SiegFund’s User Account — Start registration
Review of SiegFund’s User Account — Start registration
Review of SiegFund’s User Account — Start registration
2

Provide your personal data in the registration form.

Review of SiegFund’s User Account — Fill in the registration form
Review of SiegFund’s User Account — Fill in the registration form
Review of SiegFund’s User Account — Fill in the registration form
Review of SiegFund’s User Account — Fill in the registration form
3

Choose a challenge, trading platform, and funding amount.

Review of SiegFund’s User Account — Pass verification
Review of SiegFund’s User Account — Pass verification
Review of SiegFund’s User Account — Pass verification
Review of SiegFund’s User Account — Pass verification
4

Pay for the chosen challenge.

Review of SiegFund’s User Account — Make a payment
Review of SiegFund’s User Account — Make a payment
Review of SiegFund’s User Account — Make a payment
Review of SiegFund’s User Account — Make a payment

Features of SiegFund’s user account allow traders to:

  • Upload verification documents;

  • Use the economic calendar;

  • View the newsfeed;

  • Request withdrawals;

  • Apply for trading contests.

Score:
5.1/10

Is SiegPath Safe?

Information

As a prop firm, SiegPath (SiegFund) does not hold client funds or offer investment accounts, which exempts it from licensing. SiegPath partners with KCM Trade, a broker regulated by the Financial Services Commission (FSC) of Mauritius.

Advantages

  • Registration in Hong Kong
  • Regulated partnering broker
  • Advanced security measures

Disadvantages

  • Accounts may be closed for rule violations without profit payout
  • SiegPath (SiegFund) is not responsible for KCM Trade’s reliability
  • FSC of Mauritius is known for its lenient licensing process
Score:
This parameter evaluates the range of financial instruments available for trading during the challenge and after funding. A broader selection allows traders to apply their strategies across different asset classes. The evaluation is based on the proprietary methodology
7/10

Markets and Tradable Assets

SiegPath has a score of 7/10, reflecting a strong variety of markets and assets available for trading.

Advantages
  • Forex trading supported
  • Indices available
  • Stock trading allowed
Disadvantages
  • Crypto trading unavailable
  • Futures not available

Tradable markets

We compared the range of tradable instruments offered by SiegPath with two leading competitors to highlight the differences in market access.

SiegPath GoatFundedTrader SabioTrade
Futures No No No
CFDs Yes Yes Yes
Forex Yes Yes Yes
Options No No No
Stocks Yes No No
Crypto No Yes No
Indices Yes Yes Yes
Score:
3/10

Investment Options

While SiegPath (SiegFund) forbids the use of managed accounts for passive income, it allows its clients to automate their trading with expert advisors and use TheCopyTrades platform for copy trading.


Important!

If you are a large investor and plan on investments over $10,000, contact us at vip-invest@tradersunion.com or by the feedback form on our website. Our professional team will take you through all the intricacies of the deal and all the steps from signing up to withdrawal of profits.

Partnership program from SiegPath (SiegFund)

SiegPath referral program offers four levels based on the number of referred clients:

  • Bronze. This level is awarded for up to 49 referrals and offers a 12% reward of the referral’s initial payment.

  • Silver. To receive a 15% reward, it is required to attract 49-199 referrals.

  • Gold. With 199-499 referrals, partners earn 18% rewards.

  • Platinum. Partners with over 500 referrals receive 21% rewards.

SiegPath (SiegFund) offers lifetime referral rewards.

Score:
3.2/10

Customer Support

Information

SiegPath (SiegFund) only offers online client support. Phone communication is not available.

Advantages

  • Prompt communication via a live chat
  • Replies are highly informative

Disadvantages

  • Limited communication channels
  • No callback option

Available communication channels:

  • Live chat on the website;

  • Email;

  • Telegram channel.

The Contact section features a feedback form to send an email to the firm.

Contacts

Registration address SIEG Corporation Limited, Units 1902-5, 19/F, Dah Sing Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong SAR
Official site https://www.siegpath.com/
Contacts
Score:
4/10

Education

Information

SiegPath (SiegFund) offers numerous educational materials in the form of eBooks and courses for traders of all levels. The Academy section provides useful articles for both novice and experienced traders.

Information available with SiegPath
Information not available on the SiegPath website
QuickStart guide for novice traders
Margin calculation
Currency market overview
Setting stop-loss and take-profit orders
Description of trend trading strategies
Explanation of margin requirements and margin call
Tutorials on MT5
Main rules of risk management
Technical and fundamental analyses
Psychology of trading

Trading videos and tutorials can be accessed upon user account registration.

Detailed SiegPath (SiegFund) review

SiegPath (SiegFund) was founded in 2016 as an online trading education platform. In 2021, backed by a private investment company, it transitioned into a prop trading firm. Today, it partners with over 10 brokers and major investment holdings. SiegPath (SiegFund) is registered in Hong Kong under number 65938113 and maintains a representative office in Melbourne, Australia.

SiegPath (SiegFund) by the numbers:

  • 8+ years of experience;

  • 7 challenge programs;

  • 2 assessment types;

  • Funding ranges from $5,000 to $400,000;

  • Profit split is 80%-90%.

SiegPath (SiegFund) is a prop firm offering a variety of account types and straightforward challenge conditions

The 1-step challenge requires the profit target of 8%, with daily and total drawdowns of 3% and 6%, respectively. The 2-step challenge implies achieving the profit target of 10% during the first step and 5% during the second step. Daily and total drawdowns are limited to 5% and 10%. Both programs must be completed within 180 days.

The use of SiegPath services for any illegal activities, including market manipulation, prohibited trading strategies, or exploitation of errors, is strictly prohibited. Hard breaches may result in user account termination.

Useful services offered by SiegPath:

  • Initial payment refund upon success in the challenge;

  • Lifetime referral rewards;

  • Dedicated user account for account management and withdrawals;

  • Availability of economic calendar, technical and fundamental analyses, and currency heat map;

  • Flexible challenge completion options.

Advantages:

1

Lifetime referral program;

2

Fast metrics update;

3

Strict anti-manipulation rules;

4

Flexible challenge conditions with a minimum trading period of 5 days;

5

Support for various trading strategies;

6

Possibility to restart the challenge after soft breaches.

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Your capital is at risk.