SiegPath $10K 1 Step Challenge - Details, Rules & Pricing

The challenge

Account size$10K

Evaluation1 Step

Profit split50%-90%

Activation feeNone

Target	Profit target	Max daily loss	Max drawdown
Evaluation	5%	2.5%	5%

Notes

10K Flash Challenge $10K simulated account on the Sieg Terminal platform via broker KCM Trade. Profit target 5%, 2.5% daily loss limit and a 5% trailing maximum drawdown, with no consistency rule. Evaluation duration 30 Days. Maximum leverage 1:30 on currency pairs. Payout share 50%-90%.

Payout rules

First payout14 days

FrequencyEvery 14 days

Processing timeNo processing time is published for profit payouts. The firm publishes one only for the evaluation-fee refund, which it states is completed within 24 to 48 hours and averages approximately 3 hours.

Profit split80%-90% on 1 Step Express, 2 Step Standard and 2 Step Flex; 50%-90% on the 10K Flash Challenge

On demandNo

Min. withdrawal$100

Min. trading days0

Fee refunded on 1st payoutNo

The evaluation fee is refunded to traders who pass, on 1 Step Express, 2 Step Standard and 2 Step Flex only, once per account size per client; refunds are processed within 24 to 48 hours. Rewards are paid by the partner licensed private fund Framsteg Ltd rather than by SiegPath itself. For anti-money-laundering purposes payouts are issued only to the individual who passed KYC, and third-party cards or bank accounts are refused.

Trading rules

News trading

Weekend holding

Overnight holding

EAs / automation

Copy trading

Hedging

Scalping

Max leverage1:100 on currency pairs for 2 Step Standard; 1:30 on currency pairs for 1 Step Express, 2 Step Flex and the 10K Flash Challenge. Other classes are lower: metals and energies 1:30 and indices 1:50 on 2 Step Standard, metals and energies 1:10 and indices 1:15 elsewhere, stocks 1:10 throughout, and crypto 1:3 on 2 Step Standard against 1:1 elsewhere.

Challenge time limit180 days for 1 Step Express and 180 days per phase for 2 Step Standard and 2 Step Flex; 30 days for the 10K Flash Challenge. An account that misses its evaluation time limit is terminated.

Stop lossNot required

Inactivity ruleIf no trades are placed within 30 calendar days of purchasing an account, or during the evaluation, the account is closed.

A stop loss is mandatory on $200,000 and $400,000 balances, and the firm reserves the right to apply the same requirement to smaller balances without prior notice depending on risk level. Each client may use only one authorized live account at a time; further passed accounts stay pending until the current one is breached.