SiegPath
- Company typePrivate
- Founded2016
- HeadquartersWan Chai, Hong Kong SAR China
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
SiegPath firmographics
Firmographics- Name
- SiegPath
- Legal name
- Sieg Evaluation Limited
- Website
- https://siegpath.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SiegPath industry classification
Industry- Product category
- Trading Evaluation Platform
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Market Making & Liquidity Provision (FSADAJAC)
- akta.pro secondary industry
- Institutional API Connectivity, OMS/EMS & FIX Gateways (FSADAJAJ)
Keywords
Where SiegPath is headquartered
LocationHeadquarters
- HQ city
- Wan Chai
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices2 records
Markets served
SiegPath business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Evaluation Challenge Fees: Traders pay one-time fees to participate in trading evaluations (challenges). Fees vary by account size and plan type, ranging from $44 to $2,160. Fees are non-refundable service charges for access to the evaluation platform.
- Profit Sharing (via partner fund): SiegPath earns revenue indirectly through its partnership with Framsteg Ltd private fund. Certified traders receive up to 80% profit share while SiegPath retains a portion as platform facilitation fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | 1 Step Express - Small accounts ($5K-$10K) |
| One time/ perpetual license | Pay-as-you-go | 1 Step Express - Mid accounts ($20K-$50K) |
| One time/ perpetual license | Pay-as-you-go | Shark Plan (10K Flash) |
| One time/ perpetual license | Pay-as-you-go | 2 Step Standard - Small ($5K-$20K) |
| One time/ perpetual license | Pay-as-you-go | 2 Step Standard - Large ($50K-$400K) |
| One time/ perpetual license | Pay-as-you-go | 2 Step Flex - Weekend holding ($5K-$400K) |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
SiegPath product offering
Product offeringCore offering
SiegPath operates a proprietary trading evaluation platform that assesses retail traders on simulated accounts through structured challenges (1 Step Express, 2 Step Standard, 2 Step Flex, 10K Flash Shark Plan) under the SiegEvaluation™ system. Traders who pass the predefined profit-target, loss-limit, and consistency benchmarks earn SiegCertified™ status and trade funded accounts supplied by partner Framsteg Ltd, sharing up to 80% of generated profits without risking their own capital. The ecosystem is delivered via web platform, PWA, and mobile apps, supported by SiegAcademy™ education and SiegAI™ analysis tools.
Product overview
SiegPath operates as a proprietary trading evaluation and certification platform that connects skilled traders with private fund capital through a structured assessment ecosystem. The platform offers multiple evaluation pathways (1 Step Express, 10K Flash Shark Plan, 2 Step Standard, and 2 Step Flex) under the SiegEvaluation™ system, where traders demonstrate profitability through simulated accounts. Successful traders earn SiegCertified™ status enabling performance-based compensation up to 80-90% profit share. The ecosystem includes SiegAcademy™ for trader education, SiegAI™ for AI-powered market analysis, and the Sieg Terminal web-based dashboard. Trader capital originates from Framsteg Ltd, a licensed private fund partner. The company was founded in 2016 as SiegFund and rebranded to SiegPath to reflect its expanded collaborative ecosystem approach.
Differentiator
Problem solved
Functional benefit
Brands
- SiegAcademy™: Trading education platform and courses
- SiegAI™
- SiegCertified™
- SiegEvaluation™
- SiegTerminal
Products and services
- SiegEvaluation™ Proprietary performance assessment system that identifies and certifies qualified traders on behalf of private funds through rigorous predefined benchmarks including profit targets, daily and overall loss limits, and consistency rules. Traders who pass become SiegCertified™ and access funded trading accounts.
- Shark Plan (10K Flash) Single-phase rapid evaluation challenge for traders targeting a $10,000 funded account, with a 30-day evaluation period, 8% Phase 1 / 5% Phase 2 profit targets, 0.3% consistency rule, 2.5% daily loss limit, and 5% trailing max drawdown.
- 2 Step Standard Standard two-phase evaluation requiring 10% profit target in Phase 1 and 5% in Phase 2, with 1:100 leverage, 5% daily loss limit, 10% static max drawdown, and up to 80% profit share for funded accounts ranging from $5,000 to $400,000 with scaling up to $1M.
- 2 Step Flex Flexible two-phase evaluation plan that allows weekend holding of positions for swing traders, with 10% Phase 1 / 5% Phase 2 profit targets, 1:30 leverage, 5% daily loss limit, 10% static max drawdown, and scaling opportunities up to $1M.
- 1 Step Express Single-phase evaluation challenge with an 8% profit target, 0.3–1.0% consistency requirement over 3 days, 3% daily loss limit, 6% trailing max drawdown, and up to 80% profit split for funded accounts from $5,000 to $50,000.
- SiegCertified™ Trader Certification status awarded to traders who successfully pass SiegEvaluation™ benchmarks, qualifying them to trade funded accounts supplied by partner Framsteg Ltd and earn up to 80% profit share on generated returns.
- SiegAcademy™ Educational platform providing comprehensive investment knowledge with both fundamental and technical perspectives, including structured trading courses and offline learning resources for traders preparing for SiegEvaluation™.
- SiegAI™ AI-powered trading assistant integrated into the evaluation and trading platform, providing market analysis and decision-support tooling for traders undergoing or holding funded accounts.
- Sieg Terminal Progressive Web App trading dashboard providing all-in-one access to account management, evaluation monitoring, and performance tracking, accessible via browser and installable to mobile home screens without downloads.
Quantifiable outcome
- 65,000+ traders have joined the platform
- +3 more outcomes
Companies that use SiegPath
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
SiegPath technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
SiegPath partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights6 records
SiegPath competitors and assessment
Company assessmentDirect peers
- FTMO: FTMO is the dominant funded-trader evaluation platform offering two-step and one-step challenges, profit splits up to 90%, and scaling plans. Closest direct competitor to SiegPath on product mechanics, target audience (retail traders), and revenue model (challenge fees + profit share).
- The5ers: The5ers offers instant funding and one-step evaluation funded trader programs with scaling to $20M. Directly comparable to SiegPath in profit-share structure and B2C trader acquisition model.
- MyFundedFX: MyFundedFX provides FX-focused prop evaluation challenges (Stellar, Rapid, Ultra) with profit splits and scaling. Directly comparable to SiegPath in challenge structure, platform-based GTM, and trader community-led marketing.
- Topstep: Topstep is a leading futures-focused funded trader evaluation platform with Trading Combine challenges and funded accounts. Comparable to SiegPath in evaluation methodology and trader-funding intermediation, though narrower in asset class focus.
- FXIFY: FXIFY provides multi-asset funded trader evaluation challenges with scaling plans. Comparable to SiegPath in multi-asset scope (FX/indices/crypto), evaluation challenge design, and PLG distribution.
- E8 Funding: E8 Funding provides prop trading evaluation accounts with multiple challenge types and scaling. Comparable to SiegPath in challenge mechanics, target trader audience, and absence of proprietary capital risk via partner funds.
- FundedNext: FundedNext operates an evaluation-based funded trader program with Stellar and Express challenges, scaling plans, and profit splits up to 90%. Directly comparable to SiegPath's SiegEvaluation tiering and profit-share model for retail traders globally.
- ICFunded: ICFunded offers trader evaluation programs for FX and indices with profit splits and funded accounts. Comparable to SiegPath in platform-led evaluation model and retail trader acquisition motion.
Emerging players
- True Forex Funds: True Forex Funds operates evaluation challenges in FX/CFD markets with profit share models. Comparable to SiegPath as an emerging funded-trader platform targeting similar retail trader segments.
Others
- BluEdge Capital: Bloomberg's API/OMS ecosystem for institutional trade execution. Relevant as a BROAD_INCUMBENT contrast: SiegPath extends evaluation-style onboarding toward institutional broker clients, but its product (terminal + OMS/EMS) overlaps more with established institutional trading infrastructure rather than retail prop trading.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
SiegPath social profiles
Digital presenceSiegPath financial estimates
Financial estimateRevenue estimate
Valuation estimate
SiegPath leadership team
Management profileNumber of profiles
SiegPath subsidiaries and ownership
Company hierarchySubsidiaries1 record
SiegPath funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SiegPath M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SiegPath
What does SiegPath do?
SiegPath operates a proprietary trading evaluation platform that assesses retail traders on simulated accounts through structured challenges (1 Step Express, 2 Step Standard, 2 Step Flex, 10K Flash Shark Plan) under the SiegEvaluation™ system. Traders who pass the predefined profit-target, loss-limit, and consistency benchmarks earn SiegCertified™ status and trade funded accounts supplied by partner Framsteg Ltd, sharing up to 80% of generated profits without risking their own capital. The ecosystem is delivered via web platform, PWA, and mobile apps, supported by SiegAcademy™ education and SiegAI™ analysis tools.
Is SiegPath a public or private company?
SiegPath is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SiegPath founded?
SiegPath was founded in 2016. It employs 11 to 50 people.
Where is SiegPath based?
SiegPath is headquartered in Wan Chai, Hong Kong SAR China, in the Asia region.
How does SiegPath make money?
Two revenue lines are on record. Evaluation Challenge Fees are the primary driver. The others are profit Sharing (via partner fund).
Who are SiegPath's main competitors?
Direct peers on record are FTMO, The5ers, MyFundedFX, Topstep, FXIFY, E8 Funding, FundedNext and ICFunded. True Forex Funds is listed as an emerging player. BluEdge Capital is listed as an others.
Does SiegPath have an API?
No public API is recorded for SiegPath.
What industry is SiegPath in?
SiegPath's product category is Trading Evaluation Platform. Its primary akta.pro industry code is FSADAJAC, Market Making & Liquidity Provision, with a secondary code of FSADAJAJ, Institutional API Connectivity, OMS/EMS & FIX Gateways. Its NAICS code is 5231 and its SIC code is 6221.