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IQ Capital vs SiegPath: Head-to-Head Comparison (2026)

IQ Capital

6.4 B
Saint Lucia CFD
VS
Key Differences
Price $36 vs $55

Verdict: Who Wins?

IQ Capital 6 wins Decisive Win
6 - 0
SiegPath 0 wins
Overall Rating 6.4 vs 0.0 Decisive
TrustPilot 4.7 vs 4 Decisive
Starting Price $36 vs $55 Decisive
Profit Split Both 90% Tie
Safety Grade B vs Decisive
Trust Score 57.7/100 vs 36/100 Decisive
Platform Choice 5 vs 1 platforms Clear

Best For:

Budget-conscious traders IQ Capital
Trust & reputation IQ Capital

Visual Comparison

IQ Capital SiegPath

Head-to-Head Comparison

IQ Capital Metric SiegPath
6.4/10 PFM Score -
4.7/5 (443) TrustPilot 4/5 (16)
B Safety Grade -
57.7 C Trust Score 36 F
90% Profit Split 80%-90% on 1 Step Express, 2 Step Standard and 2 Step Flex; 50%-90% on the 10K Flash Challenge
No daily loss limit on Crypto and CFD plans; Futures Daily-Loss-Limit plans carry $1,000 ($50K) or $1,500 ($100K) Daily Drawdown 3% on 1 Step Express, 5% on 2 Step Standard and 2 Step Flex, and 2.5% on the 10K Flash Challenge
Every 10 days Payout Frequency Every 14 days
$36 Starting Price $55
White-Label Technology Proprietary
MT5, Quantower, Atas, Volumetrica, DeepCharts Platforms Sieg Terminal
No Direct Path to Funded No
Saint Lucia Country Hong Kong
- Established -
17 options Challenge Options 16 options

Price Comparison by Account Size

Cheapest challenge price at each account size (where both firms offer the same size)

Account Size IQ Capital SiegPath Savings
$50K $36 $290 Save $254
$100K $60 $570 Save $510

IQ Capital vs SiegPath: Detailed Analysis

IQ Capital and SiegPath are both CFD firms.

Pricing

In terms of pricing, IQ Capital is more affordable with challenges starting at $36, which is $19 less than SiegPath's starting price of $55. IQ Capital offers 17 challenge options, while SiegPath offers 16.

Account Sizes

On account sizing, IQ Capital offers account sizes from $50 to $200 across 3 funding tiers, while SiegPath offers account sizes from $5 to $100 across 5 funding tiers. Picking the right tier matters because both the entry cost and the maximum capital you can scale to are tied to the account size you start with.

Trading Platforms

For trading platforms, IQ Capital supports MT5, Quantower, Atas, Volumetrica and DeepCharts, while SiegPath runs on Sieg Terminal. If you already trade on a specific platform, this can be the deciding factor between the two.

Profit Split & Payouts

IQ Capital offers 90% profit split, while SiegPath offers 80%-90% on 1 Step Express, 2 Step Standard and 2 Step Flex; 50%-90% on the 10K Flash Challenge. IQ Capital pays out Every 10 days, and SiegPath pays out Every 14 days.

Risk & Drawdown Rules

Risk rules are a key difference for funded traders: IQ Capital lists its daily drawdown as "No daily loss limit on Crypto and CFD plans; Futures Daily-Loss-Limit plans carry $1,000 ($50K) or $1,500 ($100K)", while SiegPath lists "3% on 1 Step Express, 5% on 2 Step Standard and 2 Step Flex, and 2.5% on the 10K Flash Challenge". Always confirm the drawdown type before buying, since a trailing rule behaves very differently from a static end-of-day one.

Payout Methods

IQ Capital supports withdrawals via Crypto, Bank Wire and USDC.

Trust & Safety

For trust and reputation, IQ Capital has a 4.7/5 TrustPilot rating with 443 reviews, while SiegPath has 4/5 with 16 reviews.

Who Should Choose Which

Across the use cases we scored, IQ Capital is the stronger choice for budget-conscious traders and trust & reputation.

Overall, IQ Capital edges ahead winning 6 out of 6 categories we compared. However, the best choice depends on your specific needs - both firms have their strengths.

Pros & Cons

IQ Capital
Pros
Flat 90% profit split from the first dollar with no threshold or tiers; single-phase evaluation with no minimum trading days; soft-breach system closes the offending trade instead of the account (two soft breaches before a hard breach); crypto, CFD and futures under one firm; no minimum payout size.
Cons
Trailing end-of-day drawdown on both the evaluation and the funded account; a hard 30% consistency rule on funded accounts (40% on Rapid); recurring monthly management fee per funded account; futures accounts are intraday only with no hedging; evaluation fees are non-refundable; the site's own pages disagree on the operating jurisdiction (Saint Lucia in the imprint, UAE in the FAQ).
SiegPath
Pros
Four evaluation routes - 1 Step Express, 2 Step Standard, 2 Step Flex and a 30-day 10K Flash Challenge - priced from $55 and sold in five simulated account sizes from $5K to $100K. Generous evaluation windows of 180 days per phase (30 days on the Flash Challenge) rather than the 30-day limits common elsewhere. News trading and high-frequency trading are both explicitly allowed, and the 2 Step Flex route permits weekend position holding. The evaluation fee is refunded once per account size to traders who pass 1 Step Express, 2 Step Standard or 2 Step Flex, and SiegPath charges no per-lot commission on order placement. Payout share runs 80%-90% and rewards are paid by the partner private fund Framsteg Ltd, with withdrawals every 14 days from a $100 minimum.
Cons
SiegPath is an evaluation and certification service, not a broker: the operating entity Sieg Evaluation Limited is a Hong Kong company (No. 77606483) holding no financial-services licence, all trading is simulated, and fees are explicitly non-refundable service fees except where a passing trader qualifies for the fee refund. The firm's own Programme Rules PDF advertises $200K and $400K account tiers, but neither size can be purchased: the checkout's account-size selector stops at $100,000 and all six $200K/$400K plan links silently fall back to the $5,000 default plan. Trading is confined to the firm's proprietary Sieg Terminal platform through a single broker, KCM Trade, with no MetaTrader or cTrader option. Hedging, group trading and holding two or more accounts trading the same product are all prohibited and can void an account, weekend holding is limited to the 2 Step Flex route, margin usage is capped at 75% of real-time equity, and a stop loss is mandatory on the largest tiers. TrustPilot carries only 16 reviews, a thin base for a firm trading since 2016.

Active Deals & Promo Codes

IQ Capital
80% OFF 80% off Instant-Funding and Challenges - Flash Sale, no code needed
SiegPath

No active deals

Frequently Asked Questions

Which is better, IQ Capital or SiegPath?

IQ Capital scores higher overall, winning 6 out of 6 comparison categories including Overall Rating, TrustPilot, Starting Price. However, the best choice depends on your trading goals and priorities.

Which is cheaper, IQ Capital or SiegPath?

IQ Capital has the lower starting price at $36. IQ Capital offers 17 challenge options starting from $36, while SiegPath offers 16 options starting from $55.

Which has better reviews, IQ Capital or SiegPath?

IQ Capital has a higher TrustPilot rating of 4.7/5. IQ Capital has 443 reviews while SiegPath has 16.

Which offers a higher profit split, IQ Capital or SiegPath?

IQ Capital offers a higher maximum profit split. IQ Capital offers 90% while SiegPath offers 80%-90% on 1 Step Express, 2 Step Standard and 2 Step Flex; 50%-90% on the 10K Flash Challenge.

How fast do IQ Capital and SiegPath pay out?

IQ Capital has Every 10 days payouts while SiegPath offers Every 14 days payouts. Payout speed can be an important factor when choosing a prop firm.

Are IQ Capital and SiegPath legit?

Both firms have been independently verified by PropFirmMap. IQ Capital holds a B safety grade and a 4.7/5 TrustPilot rating. SiegPath holds a unrated safety grade and a 4/5 TrustPilot rating. Safety grades are based on payout history, community trust signals, and regulatory transparency.

Which is better for beginners, IQ Capital or SiegPath?

IQ Capital may be more accessible for beginners due to its lower entry price. When starting out, consider challenge cost, drawdown rules, and profit split. Use the comparison table above to find which firm fits your experience level and risk tolerance.

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