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 Details | FXIFY | SpiceProp |
---|---|---|
Incorporation Date | May 2023 | October 2023 |
CEO | David Bhidey & Peter Brown | Natalia Bojko |
Office Location | London, UK | Prague, 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 Options | FXIFY | SpiceProp |
---|---|---|
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 Objectives | FXIFY | SpiceProp – Mini Pepper | SpiceProp – Sweet Pepper | SpiceProp – Black Pepper |
---|---|---|---|---|
Profit Target (Phase 1) | 10% | 7.5% | 7.5% | 7.5% |
Profit Target (Phase 2) | 5% | 5% | 5% | 5% |
Maximum Daily Loss | 4% | 5.5% | 5.5% | 5.5% |
Maximum Loss | 10% (Trailing) | 11% | 11% | 11% |
Minimum Trading Days | No Minimum Trading Days | 3 Profitable Days | 3 Profitable Days | 3 Profitable Days |
Maximum Trading Period | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited | Step 1: Unlimited Step 2: Unlimited |
Leverage | 1:30 (1:50 with Add-on) | 1:100 | 1:100 | 1:100 |
Profit Split | 80% (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 Size | FXIFY | SpiceProp – Mini Pepper | SpiceProp – Sweet Pepper | SpiceProp – 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.
FXIFY | SpiceProp | |
---|---|---|
Broker | FXPIG | Metadoro |
Trading Platform | MetaTrader 4, MetaTrader 5, DXtrade | MetaTrader 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 Instrument | FXIFY | SpiceProp |
---|---|---|
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 Statistics | FXIFY | SpiceProp |
---|---|---|
Rating | 4.1/5 | 4.1/5 |
Number of Reviews | 2,643 | 69 |
5-Star Ratings | 77% | 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).