SpiceProp Review (10% discount code: FOREXPROPREVIEWS)
4.3

SpiceProp Review (10% discount code: FOREXPROPREVIEWS)

SpiceProp is a community of traders where every new member becomes part of the team, fostering collective growth and development. The group includes both experts and newcomers. Despite their differences, all members are united by self-confidence and a strong desire to maximize their market opportunities.
Home » SpiceProp Review (10% discount code: FOREXPROPREVIEWS)
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 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 Program

SpiceProp is a proprietary trading firm with a primary goal of ensuring that everyone has the opportunity to achieve maximum profit in the market. Traders have the opportunity to earn substantial profits, with the flexibility to manage account sizes up to $300,000 and receive up to 90% profit splits. This can be accomplished through trading various financial instruments, including forex pairs, commodities, indices, stocks, bonds, and cryptocurrencies.

Who are SpiceProp?

SpiceProp is a proprietary trading firm with the legal name SpiceProp s.r.o. that was incorporated on the 25th of October, 2023. They are located in Prague, Czech Republic, and are being managed by CEO Natalia Bojko. SpiceProp provide traders with the opportunity to choose between five account types, three two-step evaluations, a one-step evaluation, and an instant funding program, while being partnered with Metadoro as their broker.

SpiceProp’s headquarters are located at 158 00, Czech Republic, Praha, Bucharova 2657/12, Stodůlky.

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’s Black Pepper Program provides traders the opportunity to manage a €300,000 account size. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Black Pepper Program allows you to trade with up to 1:100 leverage.

Account SizePrice
€300,000€1,499

Evaluation phase one requires a trader to reach a profit target of 7.5% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to have a minimum of 3 profitable trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 5.5% maximum daily loss and 11% maximum loss rules. Your first payout is 7 calendar days from the day you place your first position on your funded account, while all other withdrawals can also be submitted weekly. Your profit split will be 90% based on the profit you make on your funded account.

Add-ons for SpiceProp’s Black Pepper Program

  • 150% Challenge Refund
  • Drawdown Increase

Black Pepper Program Scaling Plan

The Black Pepper Program also has a scaling plan. If a trader manages to reach a 10% profit target within a two-month period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Account Size€300,000
Level 1€450,000
Level 2€675,000
Level 3€1,012,500
Level 4€1,518,750
Level 5€2,000,000

The profit target for the €300,000 funded account is 10%.

Month 1: Generate a profit of 4.5%.

Month 2: Generate a profit of 6%.

The total generated profit from the last two months is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Black Pepper Program Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 7.5%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5.5%.
  • Maximum Loss – 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 – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. Both evaluation phases have a 3 minimum profitable trading day requirement.

Sweet Pepper Program

SpiceProp’s Sweet Pepper Program provides traders the opportunity to manage account sizes ranging from €10,000 up to €150,000. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Sweet Pepper Program allows you to trade with up to 1:100 leverage.

Account SizePrice
€10,000€99
€25,000€159
€50,000€295
€100,000€479
€150,000€689

Evaluation phase one requires a trader to reach a profit target of 7.5% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to have a minimum of 3 profitable trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect 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 SpiceProp’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. If a trader manages to reach a 10% profit target within a two-month period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Account Size€10,000€25,000€50,000€100,000€150,000
Level 1€14,000€35,000€70,000€140,000€210,000
Level 2€19,600€49,000€98,000€196,000€294,000
Level 3€27,440€68,600€137,200€274,400€411,600
Level 4€38,416€96,040€192,080€384,160€576,240
Level 5€53,782€134,456€268,912€537,824€806,736
Level 6€75,295€188,238€376,477€752,954€1,000,000
Level 7€105,413€263,533€527,068€1,000,000
Level 8€147,578€368,946€737,895
Level 9€206,609€516,524€1,000,000
Level 10€289,253€723,134
Level 11€404,954€1,000,000
Level 12€566,936
Level 13€793,710

The profit target for the €150,000 funded account is 10%.

Month 1: Generate a profit of 4.5%.

Month 2: Generate a profit of 6%.

The total generated profit from the last two months is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Sweet Pepper Program Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 7.5%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5.5%.
  • Maximum Loss – 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 – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. Both evaluation phases have a 3 minimum profitable trading day requirement.

Mini Pepper Program

SpiceProp’s Mini Pepper Program provides traders the opportunity to manage a €6,000 account size. The aim is to identify talented traders who are profitable and can efficiently manage risk throughout the two-step evaluation period. The Mini Pepper Program allows you to trade with up to 1:100 leverage.

Account SizePrice
€6,000€45

Evaluation phase one requires a trader to reach a profit target of 7.5% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase one. However, you are required to have a minimum of 3 profitable trading days in order to proceed to phase two.

Evaluation phase two requires a trader to reach a profit target of 5% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.

By completing both evaluation phases, you are awarded a funded account with no minimum withdrawal requirements. You must only respect 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 SpiceProp’s Mini Pepper Program

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

Mini Pepper Program Scaling Plan

The Mini Pepper Program also has a scaling plan. If a trader manages to reach a 10% profit target within a two-month period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Account Size€6,000
Level 1€6,600
Level 2€7,260
Level 3€7,986
Level 4€8,785
Level 5€9,664
Level 6€10,630
Level 7€11,693
Level 8€12,862
Level 9€14,148
Level 10€15,563
Level 11€17,119
Level 12€18,831
Level 13€20,714

The profit target for the €300,000 funded account is 10%.

Month 1: Generate a profit of 4.5%.

Month 2: Generate a profit of 6%.

The total generated profit from the last two months is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Mini Pepper Program Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for Phase 1 is set at 7.5%, whereas Phase 2 requires reaching a profit target of 5%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5.5%.
  • Maximum Loss – 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 – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. Both evaluation phases have a 3 minimum profitable trading day requirement.

Chilli Pepper Program

SpiceProp’s Chilli Pepper Program provides traders the opportunity to manage account sizes ranging from €10,000 up to €100,000. The aim is to identify disciplined traders who are profitable and can efficiently manage risk throughout a one-step evaluation period. The Chilli Pepper Program allows you to trade with up to 1:100 leverage.

Account SizePrice
€10,000€129
€25,000€219
€50,000€389
€75,000€559
€100,000€759

The evaluation phase requires a trader to reach a profit target of 10% while not surpassing their 5.5% maximum daily loss or 11% maximum loss rules. When it comes to time limitations, note that you have no maximum trading day requirements during phase two. However, you are required to have a minimum of 3 profitable trading days in order to proceed to funded status.

By completing the evaluation phase, you are awarded a funded account with no minimum withdrawal requirements. You must only respect 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 SpiceProp’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 a trader manages to reach a 10% profit target within a two-month period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Account Size€10,000€25,000€50,000€75,000€100,000
Level 1€14,000€35,000€70,000€105,000€140,000
Level 2€19,600€49,000€98,000€147,000€196,000
Level 3€27,440€68,600€137,200€205,800€274,400
Level 4€38,416€96,040€192,080€288,120€384,160
Level 5€53,782€134,456€268,912€403,368€537,824
Level 6€75,295€188,238€376,477€564,715€752,954
Level 7€105,413€263,533€527,068€790,601€1,000,000
Level 8€147,578€368,946€737,895€1,000,000
Level 9€206,609€516,524€1,000,000
Level 10€289,253€723,134
Level 11€404,954€1,000,000
Level 12€566,936
Level 13€793,710

The profit target for the €100,000 funded account is 10%.

Month 1: Generate a profit of 4.5%.

Month 2: Generate a profit of 6%.

The total generated profit from the last two months is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Chilli Pepper Program Trading Rules & Objectives

  • Profit Target – Traders must achieve a designated profit percentage to successfully conclude an evaluation phase, withdraw earnings, or scale their trading account. The profit target for the evaluation phase is 10%. Funded accounts do not have any specified profit targets.
  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 5.5%.
  • Maximum Loss – 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 – The minimum profitable trading day requirement you must meet before you can successfully conclude an evaluation phase. The evaluation phase has a 3 minimum profitable trading day requirement.

Jalapeno Pepper Program

SpiceProp’s Jalapeno Pepper Program provides traders the opportunity to manage account sizes ranging from €1,000 up to €15,000. The aim is to allow traders to skip the evaluation altogether and start earning from the start. The Jalapeno Pepper Program allows you to trade with up to 1:30 leverage.

Account SizePrice
€1,000€70
€2,500€140
€5,000€270
€7,500€395
€10,000€520
€15,000€768

By purchasing the Jalapeno Pepper Program, you are awarded a funded account with no minimum withdrawal requirements. You must only respect the 2.5% maximum daily loss and 5% 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 60% based on the profit you make on your funded account.

Add-ons for SpiceProp’s Jalapeno Pepper Program

  • Drawdown Increase
  • Faster Withdrawals (8 Calendar Days)

Jalapeno Pepper Program Scaling Plan

The Jalapeno Pepper Program also has a scaling plan. If a trader manages to reach a 10% profit target within a two-month period, you will be able to scale your account to the next available account size. Please note that if you decide to scale your account, you will not be required to forfeit your profits.

Account Size€1,000€2,500€5,000€7,500€10,000€15,000
Level 1€2,000€5,000€10,000€15,000€20,000€30,000
Level 2€4,000€10,000€20,000€30,000€40,000€60,000
Level 3€8,000€20,000€40,000€60,000€80,000€120,000
Level 4€16,000€40,000€80,000€120,000€160,000€240,000
Level 5€32,000€80,000€160,000€240,000€320,000€480,000
Level 6€64,000€160,000€320,000€480,000€640,000€960,000
Level 7€128,000€320,000€640,000€960,000€1,000,000€1,000,000
Level 8€256,000€640,000€1,000,000€1,000,000
Level 9€512,000€1,000,000
Level 10€1,000,000

The profit target for the €100,000 funded account is 10%.

Month 1: Generate a profit of 4.5%.

Month 2: Generate a profit of 6%.

The total generated profit from the last two months is 10%, which makes the account eligible for scaling since you reached the required 10% profit target.

Jalapeno Pepper Program Trading Rules & Objectives

  • Maximum Daily Loss – The maximum loss limit a trader is allowed to lose in a single trading day without breaching the account. All account sizes have a maximum daily loss of 2.5%.
  • Maximum Loss – The maximum loss limit a trader is allowed to lose overall without breaching the account. All account sizes have a maximum loss of 5%.

What Makes SpiceProp Different From Other Prop Firms?

SpiceProp differs from most industry-leading prop firms due to offering five unique account types: three two-step evaluations, a one-step evaluation, and an instant funding program. In addition, they also provide numerous favorable features, such as an 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.

SpiceProp’s Black Pepper Program is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 7.5% in phase one and 5% in phase two, with a 5.5% maximum daily and 11% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. 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. Compared to other funding programs within the industry, the Black Pepper Program stands out mainly for having an unlimited trading period, first withdrawal after 7 calendar days, weekly future payouts, low profit target requirements, above-average drawdown limits, 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split90%80% up to 90%

SpiceProp’s Sweet Pepper Program is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 7.5% in phase one and 5% in phase two, with a 5.5% maximum daily and 11% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 3 profitable trading days in each evaluation phase. Sweet Pepper Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Sweet Pepper Program stands out mainly for having an unlimited trading period, first withdrawal after 14 calendar days, bi-weekly future payouts, low profit target 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%80%

SpiceProp’s Mini Pepper Program is a two-step evaluation that requires traders to successfully complete two phases before becoming eligible for payouts. The profit target is 7.5% in phase one and 5% in phase two, with a 5.5% maximum daily and 11% maximum loss rules. You also have no maximum trading day requirements during either evaluation phase. 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, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Mini Pepper Program stands out mainly for having an unlimited trading period, first withdrawal after 14 calendar days, bi-weekly future payouts, low profit target requirements, above-average drawdown limits, and multiple add-on features.

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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 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: Unlimited
Phase 2: Unlimited
Phase 1: Unlimited
Phase 2: Unlimited
Profit Split80%75% up to 95%

SpiceProp’s Chilli Pepper Program is a one-step evaluation that requires traders to successfully complete a single phase before becoming eligible for payouts. The profit target is 10%, with a 5.5% maximum daily and 11% maximum loss rules. You also have no maximum trading day requirements during the evaluation phase. However, you are required to have a minimum of 3 profitable trading days during the evaluation phase. Chilli Pepper Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, the Chilli Pepper Program stands out mainly for having an 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%

SpiceProp’s Jalapeno Pepper Program is a direct funding account that allows traders to skip the evaluation altogether and start earning from the start. There is an initial 10% profit target, with a 2.5% maximum daily and a 5% maximum loss limit rule. You also have no minimum or maximum trading day requirements. Jalapeno Pepper Program also has a unique scaling plan, allowing traders to manage even larger account sizes. Compared to other funding programs within the industry, Jalapeno Pepper Program stands out mainly for having an unlimited trading period, no minimum trading day requirements, bi-weekly future payouts, above-average drawdown limits, and multiple add-on features.

Example of comparison between SpiceProp & FTUK

Trading ObjectivesSpicePropFTUK
Profit Target10% (For First Withdrawal)❌ (10% For Scaling)
Maximum Daily Loss2.5%
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)
Maximum Daily Loss2.5%
Maximum Loss5%6%
Minimum Trading DaysNo Minimum Trading DaysNo Minimum Trading Days
Maximum Trading PeriodUnlimitedUnlimited
Profit Split60%60% up to 100% + Monthly Salary

In conclusion, SpiceProp differs from other industry-leading prop firms by offering five unique account types: three two-step evaluations, a one-step evaluation, and an instant funding program. In addition, they also provide numerous favorable features, such as an 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?

It is essential to evaluate the achievability of trading requirements when considering proprietary trading firms that align with your forex trading style. While a company may appear attractive with a high percentage profit split on a generously funded account, the practicality decreases if they demand substantial monthly gains with minimal maximum drawdown percentages, significantly reducing the likelihood of success. Additionally, examining time constraints is crucial, with an unlimited trading period being more advantageous as it eliminates the pressure associated with time constraints. Lastly, it is essential to acquaint yourself with all trading rules during the evaluation process and subsequent funding stages to mitigate the risk of accidentally violating your trading account terms.

  • Receiving capital from the Black 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). It is important to note that you have no maximum trading day requirements while having a minimum of 3 profitable trading day requirements in each evaluation phase. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 90%.
  • Receiving capital from the Sweet 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). It is important to note that you have no maximum trading day requirements while having a minimum of 3 profitable trading day requirements in each evaluation phase. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring 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). It is important to note that you have no maximum trading day requirements while having a minimum of 3 profitable trading day requirements in each evaluation phase. Furthermore, upon successfully completing both evaluation phases, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the Chilli Pepper Program is realistic primarily due to its average profit target of 10% coupled with above-average maximum loss rules (5.5% maximum daily and 11% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can secure funding swiftly in a day or proceed at your preferred trading pace. Furthermore, upon successfully completing the evaluation phase, participants qualify for payouts featuring an advantageous profit split of 80%.
  • Receiving capital from the Jalapeno Pepper Program is realistic primarily due to its average initial profit target of 10% coupled with average maximum loss rules (2.5% daily pause and 5% maximum loss). It is important to note that there are no minimum or maximum trading day requirements, offering flexibility without time constraints, meaning that you can trade at your preferred pace. Furthermore, upon successfully generating a profit, participants qualify for payouts featuring an advantageous profit split of 60%.

After considering all the factors, SpiceProp is highly recommended since you have five unique funding programs to choose from three two-step evaluations, a one-step evaluation, and an instant funding program, which all feature realistic trading objectives and conditions for qualifying for payouts.

Payment Proof

SpiceProp is a proprietary trading firm that was incorporated on the 25th of October, 2023. They have a large community of traders who have reached funded status and successfully qualify for a profit split.

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. However, 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 consist of 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. However, 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 consist of a generous 80% based on the profit that you have generated on your funded account.

And lastly, while working with SpiceProp and reaching funded status with the Jalapeno Pepper Program, you will be eligible to receive your first payout after you manage to hit your 10% profit target. However, after your first payout, you will be eligible 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.

When it comes to SpiceProp payment proof, you can find it on numerous websites. One example is Trustpilot, where their traders comment regarding their experience while working with the company as well as the process of how they successfully received payouts. Another source of payment proof for SpiceProp is their Discord channel, where you can find numerous certificates of the most successful traders.

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

Which Broker Does SpiceProp Use?

SpiceProp is partnered with Metadoro as their broker.

Metadoro is a distinguished boutique trading firm that connects retail and professional clients to a wide range of financial markets, including physical equities and CFD derivatives. They take pride in offering exceptional trading conditions while continually enhancing their product offerings. Their dedication goes beyond client service, emphasizing the growth of their team and partnerships as well.

As for trading platforms, while you are working with SpiceProp, they allow you to trade on MetaTrader 5.

Trading Instruments

As mentioned above, SpiceProp is partnered with Metadoro, and they allow you to trade a wide range of trading instruments, which include forex pairs, commodities, indices, stocks, bonds, and cryptocurrencies, with a leverage of up to 1:100, depending on the trading instrument that you are trading.

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 mentioned above, SpiceProp also allows you to trade a wide range of stocks. To view the full list, please log into our Spread Account below and check for yourself.

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

Additionally, SpiceProp offers all clients access to a carefully designed trader dashboard, streamlining risk management by offering constant access to detailed statistics and objectives. This ensures real-time updates, contributing to an improved user experience.

Trading Dashboard

Trustpilot Feedback

SpiceProp has gathered an excellent score on Trustpilot based on their community’s feedback.

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 69 reviews. Notably, 77% of these reviews have awarded SpiceProp the highest rating of 5 stars.

The first client had a positive experience with SpiceProp, noting that the company has been very good overall. They appreciated the regular special offers and generally good customer service, although they mentioned that responses can sometimes take a bit of time. However, all issues were typically resolved within a reasonable timeframe. The client also found the user interface to be straightforward and easy to navigate.

The second client is currently going through the first stage of the challenge with SpiceProp. They acknowledged that it isn’t easy, but appreciated that the company doesn’t set an excessively high profit percentage requirement for passing the challenge. Overall, the client found SpiceProp to be a great 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 Chat
Email[email protected]
DiscordDiscord Link
TelegramTelegram Link
FAQFAQ Link
Supported LanguagesEnglish, Czech, Polish, Portuguese, Italian, Russian, Spanish, Serbian, Ukrainian

Account Opening Process

  • Registration Form – Register with SpiceProp by filling out the registration form with your personal details and logging into the trading dashboard.
  • Choose Your Account – Choose your account type, account size, and add-ons.
  • Apply Discount Code – Apply our discount code FOREXPROPREVIEWS and enjoy a 10% discount on all SpiceProp account types.
  • Choose Your Payment Method – Choose between a credit/debit card, a wire transfer, and a cryptocurrency payment method.

Conclusion

In conclusion, SpiceProp is a reputable and trustworthy proprietary trading firm providing traders with an opportunity to choose between five funding programs: the Black Pepper Program, Sweet Pepper Program, Mini Pepper Program, which are two-step evaluations, the Chilli Pepper Program, which is a one-step evaluation, and the Jalapeno Program, which is an instant funding program.

SpiceProp’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. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 3 profitable trading days in each evaluation phase. Finally, it’s essential to note that the Black Pepper Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

SpiceProp’s Sweet 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 80% 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. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 3 profitable trading days in each evaluation phase. Finally, it’s essential to note that the Sweet Pepper Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

SpiceProp’s Mini 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 80% 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. Regarding time limitations, you have no maximum trading day requirements during either evaluation phase. However, you are required to have a minimum of 3 profitable trading days in each evaluation phase. Finally, it’s essential to note that the Mini Pepper Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

SpiceProp’s Chilli 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 80% profit splits. Traders must reach a profit target of 10% to become successfully funded. These are realistic trading objectives, considering you have a 5.5% maximum daily and 11% maximum loss rules to follow. Regarding time limitations, you have no maximum trading day requirements during the evaluation phase. However, you are required to have a minimum of 3 profitable trading days during the evaluation phase. Finally, it’s essential to note that the Chilli Pepper Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

SpiceProp’s Jalapeno Pepper Program is a direct funding program that allows traders to skip the evaluation altogether and start earning 60% profit splits from the start. Traders have an initial 10% profit target for stage 1, with a 2.5% maximum daily and 5% maximum loss rules, which are realistic trading objectives. Regarding time limitations, you have no minimum or maximum trading day requirements, meaning that you can trade based on your preferred pace without any time pressure. Finally, it’s essential to note that the Jalapeno Pepper Program features a scaling plan, providing you with the opportunity to increase your initial account balance.

I would recommend SpiceProp to individuals seeking a reputable proprietary trading firm that provides exceptional trading conditions catering to a diverse range of individuals with unique trading styles. They provide traders with unique features, such as an 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. After considering everything SpiceProp has to offer to traders all across the globe, they are indeed a desirable choice within the prop trading industry.

Our detailed review of SpiceProp was last updated on 14.01.2025 at 09:18 (CE(S)T).

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

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

SpiceProp Review (10% discount code: FOREXPROPREVIEWS) Details

Trading Platforms
Deposit Methods
Withdrawal Methods
Tradable instruments
Brokers
Account Currencies
Incorporation
Account size up to:
€300,000
Use code for 10% discount: FOREXPROPREVIEWS
*Choose your account type and start trading
4.0
Fees
4.0
Trading Platforms
5.0
Deposit and withdrawal
4.0
Customer Support
4.3 Overall Rating

Leave a Reply

Your email address will not be published. Required fields are marked *

ForexPropReviews.com is your trusted source for in-depth reviews, ratings, and the latest news about proprietary trading firms. Our mission is to empower traders by providing unbiased insights, helping them make informed decisions when choosing a prop trading firm. Whether you’re a beginner or an experienced trader, our platform is designed to guide you every step of the way.

Subscribe to Our Newsletter

Subscribe to Get exclusive reviews, ratings, news, and updates from the world of proprietary trading delivered straight to your inbox.ur Newslette

© 2024 Forex Prop Reviews. All rights reserved. Created with ❤️ for trading.