FXIFY & SpiceProp Two-step Comparison

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Welcome to our comparison between FXIFY and SpiceProp, where we will compare all the major aspects of each company. We will be looking into the companies themselves as well as the two-step evaluations that both offer to traders from all across the globe.

Company Details

Company DetailsFXIFYSpiceProp
Incorporation DateMay 2023October 2023
CEODavid Bhidey & Peter BrownNatalia Bojko
Office LocationLondon, UKPrague, Czech Republic
Scaling Plan✅✅

FXIFY and SpiceProp are two reputable and trustworthy proprietary trading firms. FXIFY was incorporated in May 2023 while being managed by their cou-founders, David Bhidey and Peter Brown. They have their offices located in London, UK. SpiceProp, on the other hand, was incorporated in October 2023 while being managed by its CEO, Natalia Bojko. Additionally, their offices are located in Prague, Czech Republic.

Funding Program Options

Funding Program OptionsFXIFYSpiceProp
One-step Evaluation✅✅
Two-step Evaluation✅✅
Three-step Evaluation✅❌
Instant Funding❌✅

FXIFY provides their traders with an opportunity to choose between three funding programs to acquire funding, a two-step evaluation, a one-step evaluation, and a three-step evaluation. SpiceProp, on the other hand, allows its traders to choose between five funding programs to acquire funding, three two-step evaluations, a one-step evaluation, and an instant funding program.

Two-step Comparison

Trading ObjectivesFXIFYSpiceProp – Mini PepperSpiceProp – Sweet PepperSpiceProp – Black Pepper
Profit Target (Phase 1)10%7.5%7.5%7.5%
Profit Target (Phase 2)5%5%5%5%
Maximum Daily Loss4%5.5%5.5%5.5%
Maximum Loss10% (Trailing)11%11%11%
Minimum Trading DaysNo Minimum Trading Days3 Profitable Days3 Profitable Days3 Profitable Days
Maximum Trading PeriodStep 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Step 1: Unlimited
Step 2: Unlimited
Leverage1:30 (1:50 with Add-on)1:1001:1001:100
Profit Split80% (90% with Add-on)80%80%90%

After covering the trading objectives of each company’s two-step evaluations, let’s take a look at the account sizes and costs of these two-step evaluations.

Account SizeFXIFYSpiceProp – Mini PepperSpiceProp – Sweet PepperSpiceProp – Black Pepper
$5,000$59❌❌❌
€6,000❌€45❌❌
$10,000$89❌❌❌
€10,000❌❌€99❌
$15,000$119❌❌❌
$25,000$199❌❌❌
€25,000❌❌€159❌
$50,000$379❌❌❌
€50,000❌❌€295❌
$100,000$499❌❌❌
€100,000❌❌€479❌
€150,000❌❌€689❌
$200,000$999❌❌❌
€300,000❌❌❌€1,499
$400,000$1,999❌❌❌

Brokers & Trading Platforms

Now that we have addressed the trading objectives, account sizes, and costs associated with FXIFY and SpiceProp, it’s time to examine the brokers and trading platforms compatible with each proprietary trading entity.

 FXIFYSpiceProp
BrokerFXPIGMetadoro
Trading PlatformMetaTrader 4, MetaTrader 5, DXtradeMetaTrader 5

Trading Instruments

Another important aspect to compare between proprietary trading firms is trading instruments. In the spreadsheet below, you will be able to learn which trading instrument types can be traded with FXIFY and which with SpiceProp.

Trading InstrumentFXIFYSpiceProp
Forex Pairs✅✅
Commodities✅✅
Indices✅✅
Stocks✅✅
Cryptocurrencies✅✅

Community Feedback

The last topic we will cover is community feedback from FXIFY and SpiceProp. The statistics are taken from the Trustpilot page of each of the mentioned companies.

Trustpilot StatisticsFXIFYSpiceProp
Rating4.1/54.1/5
Number of Reviews2,64369
5-Star Ratings77%77%

FXIFY has a great rating of 4.1/5. This is out of a total of 2,643 reviews, where 77% of them are rated as 5 stars. SpiceProp, on the other hand, has a great rating of 4.1/5. However, this is out of a total of 69 reviews, where 77% of them are rated as 5 stars.

Conclusion

In conclusion, FXIFY and SpiceProp are two incredible choices within the proprietary trading firm industry. We can clearly see there are numerous differences within the compared proprietary trading firms, such as trading objectives, account sizes, costs, and community feedback. In addition, there is also a major difference within the funding programs that each of the companies are offering. FXIFY has a two-step evaluation, a one-step evaluation, and a three-step evaluation, while SpiceProp has three two-step evaluations, a one-step evaluation, and an instant funding program.

This concludes our comparison between FXIFY and SpiceProp. If either of the compared proprietary trading firms sparked an interest, we have prepared a unique discount code, which you can apply while purchasing an evaluation to make it even more affordable!

FXIFY 15% discount code: FOREXPROPREVIEWS

SpiceProp 23% discount code: FOREXPROPREVIEWS

Our comparison between FXIFY and SpiceProp was last updated on 15.01.2025 at 06:46 (CE(S)T).

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