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SpiceProp Review

Pros

  • Great Trustpilot rating of 4.1/5
  • Five Unique Funding Programs
  • Multiple Add-on Features
  • Professional Trader Dashboard
  • A Large Variety of Trading Instruments (Forex Pairs, Commodities, Indices, Stocks, Bonds, Cryptocurrencies)
  • Scaling Plan
  • Leverage up to 1:100
  • No Maximum Trading Period
  • No Minimum Trading Day Requirements on the Jalapeno Pepper Program
  • First Payout After 7 Calendar Days on Black Pepper Program
  • Future Payouts Every 7 Calendar Days on Black Pepper Program
  • First Payout After 14 Calendar Days on Sweet, Mini & Chilli Pepper Programs
  • Future Payouts Every 14 Calendar Days on Sweet, Mini & Chilli Pepper Programs
  • Profit Share of 60% up to 90% (Depending on Program Type
  • Overnight & Weekend Holding Allowed
  • News Trading Allowed

Cons

  • Minimum Profitable Day Requirement on Black, Sweet, Mini & Chilli Pepper Programs
  • First Payout After 10% Profit on Jalapeno Pepper Program
  • Low 2.5% Daily Maximum & 5% Maximum Loss Rules on Jalapeno Pepper Pro

SpiceProp is a proprietary trading firm with a key objective of ensuring that all people have the chance to acquire maximum profit in the market, it has made trading opportunities possible for individuals to earn massive profits. It allows account sizes up to $300,000 and up to 90 percent profit splits upon request. This can be achieved through trading such financial instruments as forex pairs, commodities, indices, stocks, bonds, and cryptocurrencies.

SpiceProp-Homepage

Who are SpiceProp?

SpiceProp is a proprietary trading firm, SpiceProp s.r.o. was incorporated on the 25th of October, 2023 with the legal name being that of a private trading company. They are based in Prague, Czech Republic, and are managed by CEO Natalia Bojko. SpiceProp gives traders the chance to work with the option of five account types, three two-step evaluations, one one-step evaluation, and even an instant funding program, and this is partnered with Metadoro as their broker.

SpicePropโ€™s headquarters are located at 158 00, Czech Republic, Praha, Bucharova 2657/12, Stodลฏlky.

Who is the CEO of SpiceProp?

Natalia Bojko is the CEO of SpiceProp. Note that we will be adding more information about their CEO in the future. Stay tuned!

Funding Program Options

SpiceProp provides its traders with five unique funding program options:

  • Black Pepper Program
  • Sweet Pepper Program
  • Mini Pepper Program
  • Chilli Pepper Program
  • Jalapeno Program

Black Pepper Program

SpiceProp-Black-Pepper-Program

SpicePropโ€™s account of โ‚ฌ300,000 is available for traders managed through the Black Pepper Program. The desired target is to be able to provide talented traders who are profitable and can suitably manage risk during the two-step screening period. You can trade on the Black Pepper Program with leverage up to 1:100.

Account SizePrice
โ‚ฌ300,000โ‚ฌ1,499

In order to pass the first phase of evaluation, a trader must achieve a profit within 7.5%, while not crossing 5.5% maximum daily loss or 11% maximum loss rules. As for time limitations, note that you have no maximum trading day requirements during the first phase. However, you have to achieve at least 3 profitable trading days in order to proceed to the second phase.

For phase two of the evaluation, a trader needs to achieve a profit of 5% without losing more than their maximum daily limit of 5.5% or maximum loss of 11%. Considering time constraints, it should be known that you do not have any maximum trading days in phase two. You must have a minimum of 3 profitable trading days in order to advance to funded status.

You get funded accounts with no minimum withdrawal once you have passed both the evaluation phases. You only honor the maximum daily loss at 5.5% and the maximum loss at 11%. Your first payout will be 7 calendar days after you place your very first position on your funded account. All your other withdrawals can also be done weekly. Your profit split will come at 90% of the profit you make on your funded account.

Add-ons for SpicePropโ€™s Black Pepper Program

  • 150% Challenge Refund
  • Drawdown Increase

Black Pepper Program Scaling Plan

The Black Pepper Program also has a scaling plan. In case a trader manages to reach a 10% profit target in two months, you’ll be able to scale your account up to the next available account size. Note that in case you decide to scale your account, you’ll not be forced to forfeit your profits.

Account Sizeโ‚ฌ300,000
Level 1โ‚ฌ450,000
Level 2โ‚ฌ675,000
Level 3โ‚ฌ1,012,500
Level 4โ‚ฌ1,518,750
Level 5โ‚ฌ2,000,000
  • The profit target for the โ‚ฌ300,000 funded account is 10%.
  • Month 1: Generate a profit of 4.5%.
  • Month 2: Yield a profit at 6%.

The total profit from the last two months is 10%. Therefore, it qualifies for scaling because you have met your required 10% profit target.

Black Pepper Program Trading Rules & Objectives

  • Profit Target โ€“ Traders need to reach a defined profit percentage in order to successfully complete an evaluation round, withdraw their profits, or build up their trading account. The profit goal for Round 1 is 7.5%, and Round 2 requires a 5% profit target. There are no defined profit targets for funded accounts.
  • Maximum Daily Loss โ€“ A maximum loss limit for trading for a single day that will not default the account. All accounts, whatever their size, have a maximum daily loss of 5.5%.
  • Maximum Loss โ€“ The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 11%.
  • Minimum Profitable Trading Days โ€“ The total maximum allowed loss that a trader is able to lose before breaching the account. All accounts, whatever their size, have a total maximum loss of 11%.

Sweet Pepper Program

SpiceProp-Sweet-Pepper-Program

SpicePropโ€™s Sweet Pepper Program offers traders the possibility to control account sizes between โ‚ฌ10,000 and โ‚ฌ150,000. It is designed to identify talented traders who are profitable and capable of smartly managing risk during the two-stage evaluation process. With the Sweet Pepper Program, you can trade with a leverage of up to 1:100.

Account SizePrice
โ‚ฌ10,000โ‚ฌ99
โ‚ฌ25,000โ‚ฌ159
โ‚ฌ50,000โ‚ฌ295
โ‚ฌ100,000โ‚ฌ479
โ‚ฌ150,000โ‚ฌ689

The first phase of evaluation calls for a trader to attain a profit target of 7.5% without exceeding the 5.5% maximum daily loss or 11% maximum loss rules. In terms of time constraints, you do not have any maximum trading day requirements in phase one. However, you must have a minimum of 3 profitable trading days to move on to phase two.

Evaluation phase two calls for the trader to make profits of 5% and not exceed the 5.5% maximum loss trading rule, and not exceed 11% maximum loss rules. In terms of time, note that there’s no limit on the trading days within phase two. However, you have to accumulate at least 3 profitable trading days to qualify for a funded status.

Completing both evaluation phases will earn you a funded account without minimum withdrawal requirements; all you must adhere to are the 5.5% maximum daily loss and 11% maximum loss rules. A first payout arrives after 14 calendar days from when you place your first position on your funded account, while other withdrawals may also be submitted bi-weekly. Your profit split will remain at 80% of the profit you make on your funded account.

Add-ons for SpicePropโ€™s Sweet Pepper Program

  • 150% Challenge Refund
  • Drawdown Increase
  • Faster Withdrawals (8 Calendar Days)

Sweet Pepper Program Scaling Plan

The Sweet Pepper Program also has a scaling plan. Should a trader be able to get to a 10% profit target in two months, you will be in a position to scale your account up to the next available account size. Be aware that when you do scale your account, you are not called upon to forfeit any profits.

Account Sizeโ‚ฌ10,000โ‚ฌ25,000โ‚ฌ50,000โ‚ฌ100,000โ‚ฌ150,000
Level 1โ‚ฌ14,000โ‚ฌ35,000โ‚ฌ70,000โ‚ฌ140,000โ‚ฌ210,000
Level 2โ‚ฌ19,600โ‚ฌ49,000โ‚ฌ98,000โ‚ฌ196,000โ‚ฌ294,000
Level 3โ‚ฌ27,440โ‚ฌ68,600โ‚ฌ137,200โ‚ฌ274,400โ‚ฌ411,600
Level 4โ‚ฌ38,416โ‚ฌ96,040โ‚ฌ192,080โ‚ฌ384,160โ‚ฌ576,240
Level 5โ‚ฌ53,782โ‚ฌ134,456โ‚ฌ268,912โ‚ฌ537,824โ‚ฌ806,736
Level 6โ‚ฌ75,295โ‚ฌ188,238โ‚ฌ376,477โ‚ฌ752,954โ‚ฌ1,000,000
Level 7โ‚ฌ105,413โ‚ฌ263,533โ‚ฌ527,068โ‚ฌ1,000,000โ€“
Level 8โ‚ฌ147,578โ‚ฌ368,946โ‚ฌ737,895โ€“โ€“
Level 9โ‚ฌ206,609โ‚ฌ516,524โ‚ฌ1,000,000โ€“โ€“
Level 10โ‚ฌ289,253โ‚ฌ723,134โ€“โ€“โ€“
Level 11โ‚ฌ404,954โ‚ฌ1,000,000โ€“โ€“โ€“
Level 12โ‚ฌ566,936โ€“โ€“โ€“โ€“
Level 13โ‚ฌ793,710โ€“โ€“โ€“โ€“

The profit target for the funded account of โ‚ฌ150,000 is 10%.

Month 1: Earn a 4.5% profit.
Month 2: Acquire 6% of profit.

The total created profit from the last two months is 10%, which means the account is eligible for scaling because you met the target 10% profit.

Sweet Pepper Program Trading Rules & Objectives

  • Profit Target โ€“ In order to complete an evaluation phase, withdraw earnings, or scale their trading account, traders must hit a predefined profit percentage. Phase 1 entails achieving a profit target of 7.5%, and Phase 2 requires hitting a profit target of 5%, while funded accounts do not have any predetermined profit targets.
  • Maximum Daily Loss โ€“ The maximum allowed loss a trader can have within a single trading day without being given a margin call on the account. All account sizes have the maximum daily loss allowed at 5.5%.
  • Maximum Loss โ€“ The amount of allowed loss a trader can have before breaching his account overall. All account sizes have a maximum loss allowance of 11%.
  • Minimum Profitable Trading Days โ€“ The minimum profitable trading day requirement you need to meet before you can successfully conclude an evaluation phase. There is a 3 minimum profitable trading day requirement for both evaluation phases.

Mini Pepper Program

SpiceProp-Mini-Pepper-Program

SpicePropโ€™s, Mini Pepper Program gives a trader the chance to handle an account size of 6,000 euros. The point is to find capable traders who are profitable and may control risk well during the two-step evaluation period. You can trade with up to 1:100 leverage in the Mini Pepper Program.

Account SizePrice
โ‚ฌ6,000โ‚ฌ45

In phase one, an investor should realize a profit of 7.5% and at the same time avoid attaining more than 5.5% of maximum daily loss or even more than 11% maximum loss rules. Time limitation. Note that you need no maximum trading day requirements during phase one. However, at the very minimum, you should have 3 profitable trading days to proceed to phase two.

In evaluation phase two, a trader must achieve a profit target of 5% and cannot have an exceedance of 5.5% with their maximum daily loss or 11% in their maximum loss rules. Also, with time limitations note, that you have no maximum trading day requirements during phase two but you are required to have a minimum of 3 profitable trading days in order to continue to fund status.

Upon completing both evaluation stages, you are granted a funded account where you don’t need to achieve a minimum withdrawal. You need to honor only the rules of maximum loss at 5.5% daily and 11% in a row. The first payout is after 14 calendar days from the date of placing your first position on your funded account, while all your subsequent withdrawals can also be submitted bi-weekly. Your profit share will be calculated at 80% of the profit you make on your funded account.

Add-ons for SpicePropโ€™s Mini Pepper Program

  • 150% Challenge Refund
  • Drawdown Increase
  • Faster Withdrawals (8 Calendar Days)

Mini Pepper Program Scaling Plan

The Mini Pepper Programme also possesses a scaling plan. If a trader achieves a 10% profit target over any two months, you will be able to scale your account to the next available account size. Please note that if you wish to scale your account you are not going to be asked to forfeit your profits.

Account Sizeโ‚ฌ6,000
Level 1โ‚ฌ6,600
Level 2โ‚ฌ7,260
Level 3โ‚ฌ7,986
Level 4โ‚ฌ8,785
Level 5โ‚ฌ9,664
Level 6โ‚ฌ10,630
Level 7โ‚ฌ11,693
Level 8โ‚ฌ12,862
Level 9โ‚ฌ14,148
Level 10โ‚ฌ15,563
Level 11โ‚ฌ17,119
Level 12โ‚ฌ18,831
Level 13โ‚ฌ20,714

The profit target to make on the โ‚ฌ300,000 funded account is 10%.

Month 1 Earn a profit of 4.5%.
Month 2: Earn 6% in profits.

The total generated profit in the last two months is 10%, thus, making the account eligible for scaling since you attained your required 10% profit target.

Mini Pepper Program Trading Rules & Objectives

  • Profit Target โ€“ Traders have to hit the specified profit percentage in order to conclude a phase of evaluation, withdraw earnings or scale their trading account. Phase 1 has the profit target set at 7.5%, while phase 2 is on a 5% profit target. Funded accounts do not have any specified profit targets set.
  • Maximum Daily Loss โ€“ The maximum loss the trader is able to lose within one trading day without violating the account. All account sizes have a maximum daily loss of 5.5%.
  • Maximum Loss โ€“ Overall maximum loss limit the trader is able to lose without account breach. All account sizes have a maximum loss of 11%.
  • Minimum Profitable Trading Days โ€“ The minimum profitable trading day requirement you have to meet before you can successfully conclude an evaluation phase. Both evaluation phases have a 3 minimum profitable trading day requirement.

Chilli Pepper Program

SpiceProp-Chilli-Pepper-Program

SpicePropโ€™s Chilli Pepper Program traders are able to handle account sizes between โ‚ฌ10,000 and as high as โ‚ฌ100,000. It tries to find self-disciplined, profitable performers who can control risks without a hitch over a single phase of evaluation. Chilli Pepper Program will allow you to trade with leverage up to 1:100.

Account SizePrice
โ‚ฌ10,000โ‚ฌ129
โ‚ฌ25,000โ‚ฌ219
โ‚ฌ50,000โ‚ฌ389
โ‚ฌ75,000โ‚ฌ559
โ‚ฌ100,000โ‚ฌ759

The evaluation period requires the trader to hit a profit target of 10% but be under 5.5% maximum daily loss or 11% maximum loss rules. On time limits, note that you are not required to have a maximum trading day requirements in phase two. You must, however, have at least 3 profitable trading days to qualify for funded status.

After you complete the evaluation phase, you are provided with a funded account with no minimum withdrawal requirements. All you need to do is honor the 5.5% maximum daily loss and 11% maximum loss rules. Your first payout is 14 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted bi-weekly. Your profit split will be 80% based on the profit you make on your funded account.

Add-ons for SpicePropโ€™s Chilli Pepper Program

  • Drawdown Increase
  • Faster Withdrawals (8 Calendar Days)

Chilli Pepper Program Scaling Plan

The Chilli Pepper Program also has a scaling plan. If you manage to hit a 10% profit target in two months, you’ll get your account scaled up to the next available account size. Of course, if you do decide to scale your account, you won’t lose your profits.

Account Sizeโ‚ฌ10,000โ‚ฌ25,000โ‚ฌ50,000โ‚ฌ75,000โ‚ฌ100,000
Level 1โ‚ฌ14,000โ‚ฌ35,000โ‚ฌ70,000โ‚ฌ105,000โ‚ฌ140,000
Level 2โ‚ฌ19,600โ‚ฌ49,000โ‚ฌ98,000โ‚ฌ147,000โ‚ฌ196,000
Level 3โ‚ฌ27,440โ‚ฌ68,600โ‚ฌ137,200โ‚ฌ205,800โ‚ฌ274,400
Level 4โ‚ฌ38,416โ‚ฌ96,040โ‚ฌ192,080โ‚ฌ288,120โ‚ฌ384,160
Level 5โ‚ฌ53,782โ‚ฌ134,456โ‚ฌ268,912โ‚ฌ403,368โ‚ฌ537,824
Level 6โ‚ฌ75,295โ‚ฌ188,238โ‚ฌ376,477โ‚ฌ564,715โ‚ฌ752,954
Level 7โ‚ฌ105,413โ‚ฌ263,533โ‚ฌ527,068โ‚ฌ790,601โ‚ฌ1,000,000
Level 8โ‚ฌ147,578โ‚ฌ368,946โ‚ฌ737,895โ‚ฌ1,000,000โ€“
Level 9โ‚ฌ206,609โ‚ฌ516,524โ‚ฌ1,000,000โ€“โ€“
Level 10โ‚ฌ289,253โ‚ฌ723,134โ€“โ€“โ€“
Level 11โ‚ฌ404,954โ‚ฌ1,000,000โ€“โ€“โ€“
Level 12โ‚ฌ566,936โ€“โ€“โ€“โ€“
Level 13โ‚ฌ793,710โ€“โ€“โ€“โ€“

The โ‚ฌ100,000 funded account is expected to accrue a profit of 10%.

Month 1: Earn a profit of 4.5%.
Month 2: 6% – Profit Generation.

The account is ready to scale because you achieved the minimum 10% profit over the last two months. Thus, the total generated profit from the last two months is 10%.

Chilli Pepper Program Trading Rules & Objectives

  • Profit Target โ€“ Traders must realize a pre-specified profit percentage to complete an evaluation phase, take out profits, or size-up their trading account. The profit target for the evaluation phase is 10%. Funded accounts have no prespecified profit targets.
  • Maximum Daily Loss โ€“ The maximum loss limit a trader is allowed to lose in a single trading day without violating the account. All account sizes incur a maximum daily loss of 5.5%.
  • Maximum Loss โ€“ The maximum amount of the loss a trader is allowed to lose without breaching the account. All account sizes have a maximum loss of 11%.
  • Minimum Profitable Trading Days โ€“ The least number of profitable trading days you need to achieve before you can successfully conclude an evaluation phase. The evaluation phase has a 3 minimum profitable trading day requirement.

Jalapeno Pepper Program

SpiceProp-Jalapeno-Pepper-Program

SpicePropโ€™s Jalapeno Pepper Program Traders are offered account sizes starting from โ‚ฌ1,000 up to โ‚ฌ15,000, with the aim to allow traders bypass the evaluation process and start earning immediately. Under the Jalapeno Pepper Program, you can use leverage up to 1:30 while trading.

Account SizePrice
โ‚ฌ1,000โ‚ฌ70
โ‚ฌ2,500โ‚ฌ140
โ‚ฌ5,000โ‚ฌ270
โ‚ฌ7,500โ‚ฌ395
โ‚ฌ10,000โ‚ฌ520
โ‚ฌ15,000โ‚ฌ768

The Jalapeno Pepper Program offers a funded account with no minimum withdrawal requirements when you buy it. You only need to respect the 2.5% maximum daily loss and 5% maximum loss rules. Your first payout is 14 calendar days from the day you put your first position on your funded account; all other withdrawals can also be submitted bi-weekly. Your profit split will be 60% based on the profit you make on your funded account.

Add-ons for SpicePropโ€™s Jalapeno Pepper Program

  • Drawdown Increase
  • Faster Withdrawals (8 Calendar Days)

Jalapeno Pepper Program Scaling Plan

The Jalapeno Pepper Program also offers a scale-up plan. When the trader hits his or her 10% profit target during two months, you will be able to scale your account up to the next size available from the company. Again, note that if you choose to scale up, it does not mean that you have to give back your winnings.

Account Sizeโ‚ฌ1,000โ‚ฌ2,500โ‚ฌ5,000โ‚ฌ7,500โ‚ฌ10,000โ‚ฌ15,000
Level 1โ‚ฌ2,000โ‚ฌ5,000โ‚ฌ10,000โ‚ฌ15,000โ‚ฌ20,000โ‚ฌ30,000
Level 2โ‚ฌ4,000โ‚ฌ10,000โ‚ฌ20,000โ‚ฌ30,000โ‚ฌ40,000โ‚ฌ60,000
Level 3โ‚ฌ8,000โ‚ฌ20,000โ‚ฌ40,000โ‚ฌ60,000โ‚ฌ80,000โ‚ฌ120,000
Level 4โ‚ฌ16,000โ‚ฌ40,000โ‚ฌ80,000โ‚ฌ120,000โ‚ฌ160,000โ‚ฌ240,000
Level 5โ‚ฌ32,000โ‚ฌ80,000โ‚ฌ160,000โ‚ฌ240,000โ‚ฌ320,000โ‚ฌ480,000
Level 6โ‚ฌ64,000โ‚ฌ160,000โ‚ฌ320,000โ‚ฌ480,000โ‚ฌ640,000โ‚ฌ960,000
Level 7โ‚ฌ128,000โ‚ฌ320,000โ‚ฌ640,000โ‚ฌ960,000โ‚ฌ1,000,000โ‚ฌ1,000,000
Level 8โ‚ฌ256,000โ‚ฌ640,000โ‚ฌ1,000,000โ‚ฌ1,000,000โ€“โ€“
Level 9โ‚ฌ512,000โ‚ฌ1,000,000โ€“โ€“โ€“โ€“
Level 10โ‚ฌ1,000,000โ€“โ€“โ€“โ€“โ€“

The profit target for the funded account of โ‚ฌ100,000 is 10%.

Month 1 Make a profit of 4.5%.
Month 2: Make a profit of 6%.

The cumulative profit from the last two months is 10%, which gives the account eligibility to scale since you attained the required 10% profit target.

Jalapeno Pepper Program Trading Rules & Objectives

  • Maximum Daily Loss โ€“ This is the maximum loss allowed for a trader to incur in a trading day, not crossing the account. All accounts have a maximum daily loss of 2.5%.
  • Maximum Loss โ€“ The maximum loss allowed for a trader to incur overall, not crossing the account. All accounts have a maximum loss of 5%.

What Makes SpiceProp Different From Other Prop Firms?

SpiceProp The account types offered is one area that differs their five various types of accounts from most of the market-leading prop firms since they offer three two-step evaluations, one one-step evaluation, and an instant funding program. Apart from this, they provide numerous favorable features such as unlimited period for trading, the first withdrawal after 7 or 14 calendar days, bi-weekly and weekly future payouts, low profit target requirements, above-average drawdown limits, and multiple add-on features.

SpiceProp‘s Black Pepper Program is a two-step evaluation, and its traders have to pass two stages to be able to get the payouts. At each stage, there is a 7.5% target profit in the first phase and 5% in the second one, plus rules of the maximum loss up to 5.5% daily and 11% overall; you also have no maximum trading day requirements in either evaluation stage. However, you are required to have a minimum of 3 profitable trading days in each evaluation phase. Black Pepper Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Black Pepper Program: Compared to other funding programs offered by the industry, it especially stands out with an unlimited trading period, first withdrawal after 7 calendar days, weekly future payouts, profit target requirements set above average, limits of drawdown, and multiple add-on features.

Example of comparison between SpiceProp & Funding Pips

Trading ObjectivesSpicePropFunding Pips
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%5% (Scaleable up to 7%)
Maximum Loss11%10% (Scaleable up to 14%)
Minimum Trading Days3 Profitable Days3 Calendar Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80% up to 90%60% up to 100% + Monthly Salary

Example of comparison between SpiceProp & E8 Markets

Trading ObjectivesSpicePropE8 Markets
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%4%
Maximum Daily Loss5.5%4%
Maximum Loss11%8% (Scaleable up to 14%)
Minimum Trading Days3 Profitable DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split90%80%

Example of comparison between SpiceProp & FXIFY

Trading ObjectivesSpicePropFXIFY
Phase 1 Profit Target7.5%10%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%5%
Maximum Loss11%10%
Minimum Trading Days3 Profitable Days5 Calendar Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split90%80% up to 90%

SpicePropโ€™s Sweet Pepper Program is a two-phase evaluation requiring traders to be able to successfully pass both phases to qualify for withdrawals. Profit targets for phase one are 7.5%, while those for phase two are set at 5%. Maximum daily and maximum loss rates are set at 5.5% and 11% respectively. In addition, you will have no maximum trading days requirement during either of the evaluation phases. However, you need to have at least 3 profitable trading days in every evaluation cycle. Sweet Pepper Program also comes with a unique scaling plan through which traders can handle even greater account sizes. Compared to other programs under funding the industry, the Sweet Pepper Program is unique mainly because of unlimited trading period, first withdrawal after 14 calendar days, bi-weekly future payouts, low target profit requirements, above average drawdown limits, and multiple add-on features.

Example of comparison between SpiceProp & The5%ers

Trading ObjectivesSpicePropThe5%ers
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%5%
Maximum Loss11%10%
Minimum Trading Days3 Profitable Days3 Profitable Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80%80% up to 100% + Monthly Salary

Example of comparison between SpiceProp & FundedNext

Trading ObjectivesSpicePropFundedNext (Two-step Stellar)
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%5%
Maximum Loss11%10%
Minimum Trading Days3 Profitable Days5 Calendar Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80%80% up to 95%

Example of comparison between SpiceProp & Alpha Capital Group

Trading ObjectivesSpicePropAlpha Capital Group
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%5%
Maximum Loss11%10%
Minimum Trading Days3 Profitable Days3 Calendar Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80%80%

SpicePropโ€™s Mini Pepper Program takes two evaluation cycles and will only pay out if you successfully pass through both. Profit targets are 7.5% in phase one, 5% in phase two, while the maximum loss rule is 5.5% daily and 11% at worst. Neither evaluation cycle will have a maximum trading day as well. However, you are required to have a minimum of 3 profitable trading days in each evaluation phase. Mini Pepper Program also has a unique scaling plan that allows even larger account sizes to be managed by traders. Compared to other financing programs in the market, the Mini Pepper Program can be highlighted for having an unlimited trading period, first withdrawal after 14 calendar days, bi-weekly future payouts, lower targets of profit, drawdown limits above average, and several add-ons.

Example of comparison between SpiceProp & Fintokei

Trading ObjectivesSpicePropFintokei
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%5%
Maximum Loss11%10%
Minimum Trading Days3 Profitable Days3 Calendar Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80%80% up to 95%

Example of comparison between SpiceProp & Funded Trading Plus

Trading ObjectivesSpicePropFunded Trading Plus (Premium)
Phase 1 Profit Target7.5%8%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%4%
Maximum Loss11%8% (Trailing)
Minimum Trading Days3 Profitable DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80%80% up to 100%

Example of comparison between SpiceProp & Smart Prop Trader

Trading ObjectivesSpicePropSmart Prop Trader (Standard)
Phase 1 Profit Target7.5%7%
Phase 2 Profit Target5%5%
Maximum Daily Loss5.5%4%
Maximum Loss11%8% (Scaleable up to 28%)
Minimum Trading Days3 Profitable DaysNo Minimum Trading Days
Maximum Trading PeriodPhase 1: UnlimitedPhase 2: UnlimitedPhase 1: UnlimitedPhase 2: Unlimited
Profit Split80%75% up to 95%

SpicePropโ€™s Chilli Pepper Program is a one-step evaluation that requires traders to successfully pass the phase prior to receiving payouts. This program has a 10% level of profit together with a 5.5% maximum loss on any daily basis and 11% maximum loss overall. There are no maximum number of trading days as well during the evaluation phase. However, you are to ensure that you do at least 3 profitable trading days in the evaluation phase. Another unique feature is the scaling plan for Chilli Pepper Program, with which traders will be able to handle even larger account sizes. Compared to other funding programs in the industry, the Chilli Pepper Program primarily stands out in view of its unlimited trading period, first withdrawal after 14 calendar days, bi-weekly future payouts, above-average drawdown limits, and multiple add-on features.

Example of comparison between SpiceProp & FundedNext

Trading ObjectivesSpicePropFundedNext (One-step Stellar)
Profit Target10%10%
Maximum Daily Loss5.5%3%
Maximum Loss11%6%
Minimum Trading Days3 Profitable Days2 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%90% up to 95%

Example of comparison between SpiceProp & PipFarm

Trading ObjectivesSpicePropPipFarm (Static)
Profit Target10%12%
Maximum Daily Loss5.5%3%
Maximum Loss11%6%
Minimum Trading Days3 Profitable Days3 Calendar Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%70% up to 95%

Example of comparison between SpiceProp & Goat Funded Trader

Trading ObjectivesSpicePropGoat Funded Trader
Profit Target10%10%
Maximum Daily Loss5.5%4%
Maximum Loss11%6%
Minimum Trading Days3 Profitable DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split80%75% up to 95%

SpicePropโ€™s Jalapeno Pepper Program is a direct funding account that allows traders to avoid evaluation altogether and begin trading from day one. It also has an initial 10% profit target with a maximum of 2.5% per day and 5% absolute loss limit rule. You also have no minimum or maximum trading day requirements at all. Jalapeno Pepper Program also has a unique scaling plan, which allows traders to work even larger account sizes. Compared to other funding programs within the industry, Jalapeno Pepper Program is noted mainly for an unlimited trading period without any minimum trading day requirements, possible future payouts every other week, higher drawdown limits than average, and offers several add-ons.

Example of comparison between SpiceProp & FTUK

Trading ObjectivesSpicePropFTUK
Profit Target10% (For First Withdrawal)โŒ (10% For Scaling)
Maximum Daily Loss2.5%โŒ
Maximum Loss5%6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60%50% up to 80%

Example of comparison between SpiceProp & The5%ers

Trading ObjectivesSpicePropThe5%ers
Profit Target10% (For First Withdrawal)10%
Maximum Daily Loss2.5%3% (Daily Pause)
Maximum Loss5%6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60%50% up to 100%

Example of comparison between SpiceProp & City Traders Imperium

Trading ObjectivesSpicePropCity Traders Imperium
Profit Target10% (For First Withdrawal)โŒ
Maximum Daily Loss2.5%โŒ
Maximum Loss5%6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60%60% up to 100% + Monthly Salary

Conclusion

In total, SpiceProp leads the other prop firms in the industry with five different account types, including three two-step evaluations, one one-step evaluation, and an instant funding program. Besides, there are multiple advantageous features – unlimited trading period, first withdrawal after 7 or 14 calendar days, bi-weekly and weekly future payouts, low-profit target requirements, above-average drawdown limits, and multiple add-on features.

Is Getting SpiceProp Capital Realistic?

In addition, there is the need to judge whether these requirements are achievable or not in regard to proprietary trading firms that fit into your trend of forex trading style. A company could become appealing with a high percentage profit split on a well-funded account but may become less practical if the company demands having large-scale monthly gains with small maximum drawdown percentages, greatly reducing the likelihood of success. In addition, one should check against time restrictions; with an unlimited trade period, of course, being more advantageous as it wipes away the stress associated with time restrictions. Finally, during the review process and then during funding procedures, be knowledgeable about all trading rules for a chance to avoid unknowingly flouting your trading account terms.

  • Receiving capital from the Black Pepper Program is realistic mainly because of its slightly below-average profit targets (7.5% in phase one and 5% in phase two) along with above-average maximum loss rules (5.5% maximum daily and 11% maximum loss). In any case, you don’t have any maximum trading day requirements while having a minimum of 3 profitable trading day requirements in each evaluation phase. In addition, after completing both review cycles successfully, the participants are entitled to receive payouts with a favorable profit share of 90%.
  • Attaining funds from the Sweet Pepper Program is quite possible only through having relatively lower profit ceilings (7.5% in the first cycle and 5% in the second cycle) combined with higher than average limit loss rules (5.5% maximum daily loss and 11% maximum loss). It is worth mentioning that you have no maximum trading day requirements while having a minimum of 3 profitable trading day requirements in each evaluation phase. Besides, once you successfully pass through both phases of evaluation, participants qualify for payouts that come with an advantageous profit split of 80%.
  • Receiving capital from the Mini Pepper Program is realistic primarily due to its slightly below-average profit targets (7.5% in phase one and 5% in phase two) coupled with above-average maximum loss rules (5.5% maximum daily and 11% maximum loss). Of course, you also appreciate that you don’t have any maximum trading day requirements while having a minimum of 3 profitable trading day requirements in each evaluation phase. But if the two evaluation phases are passed, then users are eligible to be paid, with their profit split coming in at 80%.
  • Getting capital from the Chilli Pepper Program is feasible mainly because of its average target profit of 10% combined with above-average maximum loss rules at 5.5% maximum daily and 11% maximum loss). It is worth noting that requirements do not exist for the trading days to be minimum or maximum, thereby providing flexibility without a time limit, which means you can get funding fast in a day or proceed at your preferred pace in trading. Additionally, upon successful completion of the evaluation, participants get payouts with an advantageous profit-share ratio of 80%.
  • Receiving capital from the Jalapeno Pepper Program is achievable mostly by its average startup profit target of 10% combined with the average maximum losing rules (2.5% daily halt and 5% maximum loss). More, this program has no minimum or maximum trading day requirements, giving room for flexibility without time constraints, and allowing you to trade at your own pace. Additionally, after you have made a profit you are then entitled to payments with a fantastic profit share of 60%.

Taking into account all these factors, SpiceProp is of utmost recommendation since you have five different funding programs at your disposal including three two-step evaluations, one-step evaluation, and instant funding program, which all have genuine trading targets and requirements for achieving payouts.

Payment Proof

SpiceProp This is a proprietary trading firm that was incorporated on October 25, 2023. It has a very big community of funded traders who have qualified for a share of the profits.

This means, while working with SpiceProp and reaching funded status with the Black Pepper Program, you will be eligible to receive your first payout after 7 calendar days. After your first payout, you will also be eligible to receive payouts if you exceed the initial account size every 7 calendar days. Your profit split will constitute a generous 90% based on the profit that you have generated on your funded account.

However, while working with SpiceProp and reaching funded status with the Sweet Pepper Program, Mini Pepper Program, or Chilli Pepper Program, you will be eligible to receive your first payout after 14 calendar days. Nevertheless, after your first payout, you will also be eligible to receive payouts if you exceed the initial account size every 14 calendar days. Your profit split will be a healthy 80% based on the profit that you have made on your funded account.

As a parting shot, while working with SpiceProp and reaching funded status using the Jalapeno Pepper Program, you will qualify for your first payout after you are able to achieve your first 10% profit. However, after your first payout, you will be qualified to receive your payouts if you exceed the initial account size every 14 calendar days. Your profit split will consist of a generous 60% based on the profit that you generated on your funded account. Payment evidence of SpiceProp exists on thousands of websites. For example, on Trustpilot, where traders comment on their experience while working with the company and how they successfully got payout money. The payment evidence of SpiceProp also exists in their Discord channel, in which one can find many certificates of the most successful traders.

Examples of Payout Certificates and Payment Proof can be seen in the images below.

SpiceProp-Payment-Proof-1
SpiceProp-Payment-Proof-2
SpiceProp-Payment-Proof-3

Which Broker Does SpiceProp Use?

SpiceProp is partnered with Metadoro as their broker.

Metadoro is an impressive boutique trading house that links clients at the retail and professional levels to a vast cross-section of financial markets including physical equities and CFD derivatives. They are proud of the exceptional trading conditions and their constant development of new and innovative products. Their commitment extends far beyond client service, stressing the growth of their team and their partnerships as well.
As for trading platforms, while you are working with SpiceProp, they allow you to trade on MetaTrader 5.

SpiceProp-Metadoro-Broker

Trading Instruments

As illustrated above,  SpiceProp is partnered with Metadoro, and allows you to trade a vast number of trading instruments, which include Forex pairs, commodities, indices, stocks, bonds, and cryptocurrencies, with up to 1:100 leverage on the chosen trading instrument.

Forex Pairs

GBP/USDUSD/CHFUSD/JPYUSD/CADAUD/USDNZD/USD
EUR/GBPEUR/JPYEUR/CHFEUR/CADEUR/AUDEUR/NZD
GBP/JPYGBP/CHFGBP/CADGBP/AUDGBP/NZDAUD/CAD
AUD/CHFAUD/JPYAUD/NZDCAD/JPYCAD/CHFCAD/SGD
CHF/JPYCHF/NOKCHF/SGDEUR/HUFEUR/NOKEUR/PLN
EUR/SEKEUR/SGDEUR/TRYEUR/HKDEUR/CZKEUR/ZAR
GBP/DKKGBP/NOKGBP/SEKGBP/SGDNOK/SEKNZD/SGD
NZD/CADNZD/CHFNZD/JPYSGD/JPYUSD/CNHUSD/CZK
USD/HUFUSD/MXNUSD/HKDUSD/NOKUSD/DKKUSD/PLN
USD/SEKUSD/SGDUSD/TRYUSD/ZARUSD/BRLUSD/ILS
USD/THBEUR/RONUSD/RON

Commodities

XAU/AUDXAU/CHFXAU/EURXAU/GBPXAG/USD
XAG/AUDXAG/EURXAG/USDXPD/USDXPT/USD
XAL/USDXCU/USDXZN/USDXNI/USDXAG/CHF
XAG/GBPBRNWTINGEMISS
GASOILCottonCocoaCoffeeSugar
CornSoybeanWheat

Indices

GER40FRA40EUR50J225UK100
US30US500USTech100CH20CHINA50
ES35HK50AUS200IT40SG20
NED25PL20BRA50VIXDX

Bonds

SCHATZBUNDTNOTE

Cryptocurrencies

AAV/USDADA/USDALG/USDALI/USDANK/USD
APE/USDARW/USDATM/USDAVA/USDAXS/USD
BAR/USDBAT/USDBCH/USDBNB/USDBTC/USD
CEL/USDCEO/USDCEO/USDCHR/USDCHZ/USD
CNE/USDCOM/USDCOT/USDCRV/USDCTS/USD
DOG/USDDOT/USDDSH/USDDYD/USDEGL/USD
ENJ/USDEOS/USDETC/USDETH/USDFIL/USD
FLW/USDFTM/USDGAL/USDGMT/USDGRT/USD
IMX/USDINC/USDIOS/USDIOT/USDKAV/USD
KNC/USDKSM/USDLNK/USDLPT/USDLRC/USD
LTC/USDMAN/USDMKR/USDNEO/USDNER/USD
OMG/USDONE/USDONT/USDPEP/USDQTM/USD
REN/USDRSR/USDRVN/USDSAN/USDSHB/USD
SKL/USDSNX/USDSOL/USDSTO/USDSUS/USD
SXP/USDTET/USDTRX/USDUNI/USDVEC/USD
WOO/USDXEM/USDXLM/USDXMR/USDXRP/USD
XTZ/USDYFI/USDZEC/USDZEN/USDZIL/USD
ZRX/USDGLM/USDWAV/USD

As already highlighted above,  SpiceProp permits you to trade among thousands of stocks; you can check the whole list by logging into our Spread Account below.

Trading Fees

Trading Commission

Trading InstrumentCommission Fee
FOREX7 USD / LOT
COMMODITIES7 USD / LOT
INDICES7 USD / LOT
STOCKS7 USD / LOT
BONDS7 USD / LOT
CRYPTO7 USD / LOT

Spread Account

To check the live spreads, log in to the trading account below.

PlatformServerLogin NumberPasswordDownload Platform
MetaTrader 5RHCInvestments-Metadoro35809FUL&%0TeClick here

Education

SpiceProp provides its community with a detailed Blog with educational content, such as:

  • News
  • Interview
  • Strategies
  • Psychology
  • Basis
  • Analysis

SpiceProp also provides access to a well-designed trader dashboard for all clients, further simplifying risk management through constant access to detailed statistics and objectives. This results in live updates, which is an improvement for the user.

Trading Dashboard

SpiceProp-Trading-Dashboard-1

Trustpilot Feedback

SpiceProp has gathered an excellent score on Trustpilot based on their communityโ€™s feedback.

SpiceProp-Trustpilot-Rating

On Trustpilot, SpiceProp has a large variety of their community commenting and providing positive feedback regarding their company services. The firm has achieved an impressive rating of 4.1 out of 5 from a total of 29 reviews. Notably, 80% of these reviews have awarded SpiceProp the highest rating of 5 stars.

SpiceProp-Trustpilot-Comment-1

The first client said that SpiceProp had treated them pretty well, and generally, the company has been quite good overall. The client very much appreciated the continual special offers and customary good customer service throughout time, though sometimes responses do take a little time to arrive. Still, all issues were well taken care of within time. Their user interface was found to be pretty easy to navigate.

SpiceProp-Trustpilot-Comment-2

The second client is going through the first stage of the challenge with SpiceProp. They recognized that it’s hard but appreciated that the company does not place too high a profit percentage requirement to pass the challenge. Generally, the client said that SpiceProp is an excellent company.

Social Media Statistics

SpiceProp can also be found on numerous social media platforms.

Facebook112 Followers & 84 Likes
Instagram281 Followers
Twitter61 Followers
Discord394 Members
Telegram226 Members

Customer Support

Live Chatโœ…
Email[email protected]
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Supported LanguagesEnglish, Czech, Polish, Portuguese, Italian, Russian, Spanish, Serbian, Ukrainian

Account Opening Process

Registration Form โ€“ Register with SpiceProp by filling out the registration form with your details and logging into the trading dashboard.

SpiceProp-Registration-Form

Choose Your Account โ€“ Choose your account type, account size, and add-ons.

SpiceProp-Choose-Your-Account-Type-1
SpiceProp-Choose-Your-Account-Type-2
SpiceProp-Choose-Your-Add-ons

Choose Your Payment Method โ€“ Choose between a credit/debit card, a wire transfer, and a cryptocurrency payment method.

SpiceProp-Choose-Your-Payment-Method

Conclusion

In conclusion, SpiceProp Is a known and trusted proprietary trading firm, offering a choice of funding programs to the traders that include five options: the Black Pepper Program with two-step evaluations, the Sweet Pepper Program with two-step evaluations, the Mini Pepper Program with two-step evaluations, the Chilli Pepper Program with one-step evaluation, and the Jalapeno Program, which is an instant funding program.

SpicePropโ€™s Black Pepper Program is an industry-standard two-step evaluation that requires the completion of two phases before becoming eligible to manage a funded account and earn 90% profit splits. Traders must reach profit targets of 7.5% in phase one and 5% in phase two to become successfully funded. These are realistic trading objectives, considering you have a 5.5% maximum daily and 11% maximum loss rules to follow. About time constraints, you do not have a maximum requirement for trading days during either the evaluation period. However, you must have at least 3 profitable trading days in each of the evaluation periods. Last but certainly not least, you should know that the Black Pepper Program offers a scaling plan wherein you can increase the initial account balance.

SpiceProp‘s Sweet Pepper Program is a two-step assessment process where traders are required to finish two stages before being considered for a funded account and 80% profit shares. Traders are deemed as successfully funded once they reach the profit target of 7.5% in phase one and 5% in phase two. These are achievable trading goals, given your maximum daily loss and maximum loss rules of 5.5% and 11%, respectively. As far as time constraints, there is no requirement for maximum trading days in each of the two evaluation phases. On the other hand, you must ensure you have at least 3 profitable trading days in both the evaluation phases. Lastly, it is noteworthy that the Sweet Pepper Program carries a scaling plan. Therefore, you stand a chance to boost your initial account balance.

SpiceProp‘s Mini Pepper Program is a two-step assessment that must be completed in two phases before becoming eligible to manage a funded account and earning 80% profit splits. You’ll need to hit the 7.5% profit target in phase one and then the 5% profit target in phase two to be successfully funded. These are reasonable trading objectives because you have a maximum daily loss and loss rules of 5.5% and 11%, respectively. As for time constraints, you will not have any maximum trading day requirements at either evaluation phase, but you need to have a minimum of 3 profitable days for each evaluation phase. Lastly, it’s worth noting that the Mini Pepper Program has a scaling plan so that you can top up your initial account balance.

SpiceProp‘s Chilli Pepper Program is an industry-standard, two-step evaluation that needs to be passed after completing the respective phases to qualify to manage a funded account and receive 80% profit splits. You need to hit a profit of 10% before being successfully funded. These are achievable trading goals considering you have a 5.5% maximum daily and 11% max loss rules against which you are trading. About the time constraints, you do not have maximum requirements about the trading day number while on the evaluation phase. In fact, you are expected to achieve at least 3 profitable trading days while in the evaluation phase. Lastly, it’s important to state that the Chilli Pepper Program has a scaling plan, whereby you can leverage to increase your initial account balance.

SpiceProp‘s Jalapeno Pepper Program is a direct funding program that enables traders to bypass the review and begin immediately, receiving 60% profit splits from day one. The trader shall be expected to have a 10% profit target on stage 1 with maximum rules of 2.5% in a day and 5% maximum loss. In terms of the constraints on time, you do not have any minimum trading days or maximum number of trading days, which allows you to trade according to your favorite pace without having a sense of tight time. Lastly, it should be mentioned that the Jalapeno Pepper Program has a scaling plan whereby you can enjoy multiplying your starting account balance.I would advise people looking for a serious proprietary trading firm that delivers excellent trading conditions to fit any individual needs with quite unique styles of trading, such as providing traders with features that are unique to SpiceProp, including an unlimited trading period, first withdrawal after 7 or 14 calendar days, bi-weekly and weekly future payouts, a low profit target requirement, an above-average drawdown limit, and multiple add-on features. After considering everything SpiceProp has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

What are your individual opinions on SpiceProp and the services they offer?
Do they align with the trading conditions and services youโ€™ve been seeking?

Let us know if you enjoyed our detailed SpiceProp review by commenting below!


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