SpiceProp is heating up the prop trading world with its Mini Pepper Program: a unique initiative designed to identify and nurture skilled traders capable of managing risk and maintaining consistent profitability. With a manageable starting balance of €6,000, this program offers an excellent entry point for traders who want to showcase their abilities in a realistic trading environment with leverage of up to 1:100.
Smart Risk, Real Rewards: The SpiceProp Mini Pepper Program
The Mini Pepper Program follows a two-step evaluation process that emphasizes both profit generation and risk management: two critical skills every successful trader must master.
In Phase One, traders have to achieve a 7.5% profit target while adhering to strict risk controls: a maximum daily loss of 5.5% and an overall maximum loss of 11%. There’s no maximum time limit to complete this phase, allowing traders to proceed at their own pace. However, participants must record at least three profitable trading days before advancing to the next stage.
Once Phase One is successfully completed, traders enter Phase Two, where the conditions are similar but slightly less demanding. The goal here is to reach a 5% profit target while maintaining the same 5.5% daily and 11% overall loss limits. Again, there’s no time pressure, giving traders the flexibility to trade strategically rather than hastily. Just like in Phase One, a minimum of three profitable days have to qualify for funding.
Traders who pass both evaluation phases will have a fully funded account, free from any minimum withdrawal restrictions. The only rules that remain are the firm’s hallmark risk parameters — ensuring that even funded traders continue to trade responsibly.
SpiceProp’s Mini Pepper Program is a refreshing take on prop trading, offering fair challenges, clear rules, and a supportive pathway to real capital. For traders who can balance profit with discipline, this program could be the perfect recipe for long-term trading success.
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