SpiceProp is a simulated-capital prop firm paying up to a 90% profit split with weekly payouts and scaling to $2 million across multiple asset classes. Profit targets and drawdown limits are set per account size and challenge type.
Up to 90% Profit Split
Weekly Payouts
Pepper Programs
Multi-Asset Trading
SpiceProp at a Glance — Brand Profile & Stats
Model & Focus
Education, simulation & funding. SpiceProp runs simulated-capital evaluation challenges across Forex, Indices, Metals, Stocks, Commodities and ETFs, paired with a trader-education hub and a loyalty rewards programme.
Track Record
€2M+ paid — “Over $2M+ earned by our traders” (SpiceProp homepage). Reward-phase payouts are processed every 7 days.
Profit Split
Performance reward up to 90% of simulated profits, scaling as your account grows. Weekly (7-day) payout cadence on funded accounts.
Programs
Pepper-themed challenges: Mini, Sweet, Chili & Black Pepper plus Hot-Seat, 1-Step, 2-Step, 3-Step and No-Step modes. Scaling up to €2M via Jalapeño 2.0.
Platforms & Assets
Trade Forex, Indices, Metals, Stocks, Commodities & ETFs at up to 1:100 leverage with an unlimited trading period.
Trustpilot
4.0 / 5 from 249 reviews. Traders highlight payments, customer service and response time.
Why it matters: a verifiable public payout record and steady review volume signal an established, paying firm.
Top SpiceProp Alternatives
BluSky Trading
Daily payouts, 90% split, futures focus. Read BluSky Review →
BrightFunded
CFD firm, up to 100% split & 24h payouts (code SUMMER30). Read review →
Quantum Funding
$400K scaling, 80% split, 25% off (code SUMMER). Read review →
Funded Trader Markets
1-Step entry, up to 75% off (code JUN). Read review →
Other firms we have reviewed that combine education with funding include SabioTrade.
What are SpiceProp's drawdown limits and profit targets?
Sweet Pepper (2-Step)
Two-stage evaluation across 10K / 25K / 50K / 100K sizes. Daily-loss and total-drawdown limits apply per the program table, with a minimum number of profitable days before payout.
Chili Pepper
Popular single evaluation tier (e.g. 50K) with structured profit targets and capital-protection drawdown rules. Funded traders earn up to a 90% reward.
Black Pepper (€300K)
Flagship 3-step: profit goals 7.5% → 5.5% → 0%; daily max ~5.5%/4.5% , total max 11%, min 3–4 profitable days, 1:100 leverage, scaling to €2M, 90% reward, payouts every 7 days.
Drawdown Buffer
Limits are tracked against balance / equity per program.
Why it matters: the 11% total buffer on Black Pepper is generous versus many 1-step firms' 6–8% caps.
How do SpiceProp's challenge rules work?
Entry Points
Mini Pepper from ~€45 — a low-cost way in. Larger sizes priced per program; Black Pepper €300K = €1,573 (3-step).
Active Promo
27% OFF challenges (verified on spiceprop.com today), plus a loyalty ‘points’ programme and free-reset offers — use “Purchase With Points” for extra value.
Cost vs Peers
A €45 Mini entry undercuts typical $100+ evaluations. Per €1K of simulated capital, SpiceProp's entry tiers stay competitive with FTMO- and Topstep-style pricing.
What's Included
Education hub (video tutorials, webinars, practice accounts), loyalty rewards, and reward-phase payouts every 7 days at up to 90%.
How much does it cost to trade with SpiceProp?
Hot-Seat / No-Step
Faster-access modes for experienced traders — fewer or zero evaluation phases, balanced by tighter risk parameters in the reward phase.
1-Step & 2-Step
1-Step = a single evaluation; 2-Step (Sweet Pepper) = two phases with reducing profit targets. Minimum profitable-day rules apply before the first payout.
3-Step (Black Pepper)
Three phases (7.5% → 5.5% → funded) for the largest capital, rewarding a disciplined, consistent approach. Minimum 3–4 profitable days.
Which countries cannot use SpiceProp?
Eligibility
SpiceProp does publish a restricted list — it is on the Terms Addons page, not the main terms or the homepage, which is why it is usually reported as missing. Read on 25 September 2026, SpiceProp states it cannot register citizens of:
This is not the usual sanctions set, and the difference matters. The United States, Canada, Japan and Indonesia are all excluded, and so is Puerto Rico. Those are four of the larger retail trading markets in the world, and they are blocked on regulatory grounds rather than sanctions — SpiceProp frames the fees as paying for educational content and evaluation participation rather than investment services, and excludes those markets to stay clear of the question.
Two further conditions from the terms: traders in Vietnam and South Korea are accepted but fall under a separate Annex A with its own eligibility and operating rules, and KYC must be completed within 30 calendar days of the firm asking. One account per person, strictly — the terms treat a second account, or a CID or IP conflict, as a material breach that can end in a permanent ban with no refund.
Video Guides & Reviews
Watch: SpiceProp Reviews
Pros and Cons of Spiceprop
The Pros and Cons of Spiceprop highlight its strengths and minor limitations. Many Spiceprop reviews appreciate fast execution, flexible Spiceprop leverage, robust security, and strong educational tools. Some users mention minor fees and limited account variations. Spiceprop comparison articles provide balanced insights, showing it’s well-suited for traders seeking a dependable and performance-driven prop firm.
Read Alternative Tools : FTMO Reviews | Etoro Reviews | Earn2Trade Reviews | The Funded Trader Alternatives
How much does a SpiceProp challenge cost?
SpiceProp's cost is set by the evaluation you buy rather than by a single subscription price. This page's cost section puts the entry-level Mini evaluation at EUR 45, with fees scaling upward as the amount of simulated capital rises, so a larger account costs more to attempt. Evaluation fees also move with promotional discounts, so check SpiceProp's own pricing table for the exact figure on the day you buy rather than relying on a headline number.
Comparing Spiceprop vs The Funded Trader
When comparison Spiceprop vs The Funded Trader, many Spiceprop note that Spiceprop provides faster execution and flexible trading conditions. Comparing Spiceprop vs The Funded Trader comparisons highlight differences in risk management, trading styles, and evaluation processes. Both have their merits, but Spiceprop stands out for simplicity and transparency.
Is SpiceProp legit and worth it?
SpiceProp funds traders on simulated capital, paying up to a 90% profit split with weekly payouts and scaling to $2 million across several asset classes. Whether it is worth it rests on the detail rather than the headline: profit targets and drawdown limits are set per account size and challenge type. Check the rules for the exact plan you intend to buy.
Frequently Asked Questions