Targets & Drawdowns
Profit Target Step 1
7.5%
Profit Target Step 2
5.0%
Daily Drawdown
5.5%
Max Drawdown
11.0%
Drawdown Type
Static
Rules
Time Limit
Unlimited
Profit Split
90%
Payout Frequency
Weekly
Min Trading Days
3 days
Additional Rules
Two-phase evaluation: Traders must reach a 7.5% profit target in Step 1 and a 5% profit target in Step 2, both with no time limit and a minimum of 3 profitable trading days per step, following the same structure as the classic Sweet Pepper 2-Step.
Static total drawdown: The maximum total drawdown is fixed at 11% of the initial balance across both challenge phases and the funded stage, calculated from the starting equity and never trailing. On a €300,000 account, the maximum allowable total loss is €33,000.
Daily drawdown limit in challenge: A 5.5% daily loss limit applies during both Step 1 and Step 2, calculated from the day's starting equity and resetting daily at 23:59:59 CET. On a €300,000 account, this means a maximum daily loss of €16,500 during the challenge.
Daily drawdown limit in funded stage: Once in the funded account, the daily loss limit is reduced to 4.5%, tighter than during the challenge. On a €300,000 account, this means a maximum daily loss of €13,500 in the funded phase.
Weekly payouts: Unlike all other SpiceProp programs which allow payouts every 14 days, the Black Pepper Hot-Seat allows withdrawals every 7 days, making it the fastest payout cycle in the entire SpiceProp lineup.
90% profit share: The Black Pepper Hot-Seat offers a 90% performance reward — the highest profit split available at SpiceProp, compared to 80% on all other standard programs.
Minimum profitable days: At least 3 profitable trading days are required in each step. A day counts as profitable only if both balance and equity increase by at least 0.5% by the end of the trading day.
Fee refund on passing: The full €1,499 challenge entry fee is refunded and counted toward the first payout after successfully passing both evaluation steps.
Weekend and overnight holding: Permitted with no restrictions or add-ons required, offering full flexibility for swing traders who hold positions across sessions and weekends.
News trading: Permitted across all instruments, though slippage during high-impact news events cannot be controlled by SpiceProp and is the trader's responsibility.
EAs allowed: Expert Advisors are permitted on the MetaTrader platform. Hidden, exploitative, or arbitrage-based strategies are strictly prohibited.
Copy trading prohibited: Copying signals or other traders' accounts is strictly forbidden and results in immediate account closure.
Inactivity rule: Accounts with 30 consecutive days of no trading activity will be closed automatically, regardless of account stage or phase.
Leverage: 1:100 across forex instruments, allowing aggressive position sizing at the €300,000 level, though this also means a single large position can quickly consume a significant share of the daily allowance.
Highest entry cost at SpiceProp: At €1,499, the Black Pepper Hot-Seat is by far the most expensive challenge in the SpiceProp lineup. Traders who fail both steps must repurchase the challenge at full price, making risk management during the evaluation critically important.
Daily limit tightens in funded stage: The funded phase daily limit of 4.5% is lower than the 5.5% allowed during the challenge. On a €300,000 account, this is a difference of €3,000 per day, meaning strategies calibrated to challenge conditions may need significant adjustment post-funding.
Single account restriction: With only one account permitted at a time, a breach on the funded account means the trader loses access to all capital immediately and must restart from the challenge phase, with no parallel account to fall back on.
Two consecutive profitable months for scaling: The 50% scale-up requires two back-to-back profitable months. Given the large dollar amounts at stake on a €300,000 account, even a small drawdown in month two can wipe out the streak and delay scaling significantly.
Phase 2 overconfidence trap: After passing Step 1 with a 7.5% gain on a large account, traders often increase position size in Step 2, unaware that the 5% target still requires careful management. A single bad day near the 5.5% daily limit can consume the entire Step 2 profit target in one session.
0.5% profitable day threshold: Both balance and equity must close above the 0.5% threshold for a day to count as profitable. On a €300,000 account, this means a minimum daily gain of €1,500 for a day to qualify, which sets a high bar for conservative strategies.
Not available to US traders: SpiceProp does not accept registrations from traders based in the United States, Canada, Japan, and several other restricted jurisdictions.
Static total drawdown: The maximum total drawdown is fixed at 11% of the initial balance across both challenge phases and the funded stage, calculated from the starting equity and never trailing. On a €300,000 account, the maximum allowable total loss is €33,000.
Daily drawdown limit in challenge: A 5.5% daily loss limit applies during both Step 1 and Step 2, calculated from the day's starting equity and resetting daily at 23:59:59 CET. On a €300,000 account, this means a maximum daily loss of €16,500 during the challenge.
Daily drawdown limit in funded stage: Once in the funded account, the daily loss limit is reduced to 4.5%, tighter than during the challenge. On a €300,000 account, this means a maximum daily loss of €13,500 in the funded phase.
Weekly payouts: Unlike all other SpiceProp programs which allow payouts every 14 days, the Black Pepper Hot-Seat allows withdrawals every 7 days, making it the fastest payout cycle in the entire SpiceProp lineup.
90% profit share: The Black Pepper Hot-Seat offers a 90% performance reward — the highest profit split available at SpiceProp, compared to 80% on all other standard programs.
Minimum profitable days: At least 3 profitable trading days are required in each step. A day counts as profitable only if both balance and equity increase by at least 0.5% by the end of the trading day.
Fee refund on passing: The full €1,499 challenge entry fee is refunded and counted toward the first payout after successfully passing both evaluation steps.
Weekend and overnight holding: Permitted with no restrictions or add-ons required, offering full flexibility for swing traders who hold positions across sessions and weekends.
News trading: Permitted across all instruments, though slippage during high-impact news events cannot be controlled by SpiceProp and is the trader's responsibility.
EAs allowed: Expert Advisors are permitted on the MetaTrader platform. Hidden, exploitative, or arbitrage-based strategies are strictly prohibited.
Copy trading prohibited: Copying signals or other traders' accounts is strictly forbidden and results in immediate account closure.
Inactivity rule: Accounts with 30 consecutive days of no trading activity will be closed automatically, regardless of account stage or phase.
Leverage: 1:100 across forex instruments, allowing aggressive position sizing at the €300,000 level, though this also means a single large position can quickly consume a significant share of the daily allowance.
Highest entry cost at SpiceProp: At €1,499, the Black Pepper Hot-Seat is by far the most expensive challenge in the SpiceProp lineup. Traders who fail both steps must repurchase the challenge at full price, making risk management during the evaluation critically important.
Daily limit tightens in funded stage: The funded phase daily limit of 4.5% is lower than the 5.5% allowed during the challenge. On a €300,000 account, this is a difference of €3,000 per day, meaning strategies calibrated to challenge conditions may need significant adjustment post-funding.
Single account restriction: With only one account permitted at a time, a breach on the funded account means the trader loses access to all capital immediately and must restart from the challenge phase, with no parallel account to fall back on.
Two consecutive profitable months for scaling: The 50% scale-up requires two back-to-back profitable months. Given the large dollar amounts at stake on a €300,000 account, even a small drawdown in month two can wipe out the streak and delay scaling significantly.
Phase 2 overconfidence trap: After passing Step 1 with a 7.5% gain on a large account, traders often increase position size in Step 2, unaware that the 5% target still requires careful management. A single bad day near the 5.5% daily limit can consume the entire Step 2 profit target in one session.
0.5% profitable day threshold: Both balance and equity must close above the 0.5% threshold for a day to count as profitable. On a €300,000 account, this means a minimum daily gain of €1,500 for a day to qualify, which sets a high bar for conservative strategies.
Not available to US traders: SpiceProp does not accept registrations from traders based in the United States, Canada, Japan, and several other restricted jurisdictions.
Scaling Plan
Performance-based balance increase: After every two consecutive profitable months in the funded account, the account balance increases by 50% — higher than the 40% offered in all other SpiceProp programs, making it the most aggressive scaling mechanism in the entire lineup.
Maximum capital ceiling: The Black Pepper Hot-Seat scaling plan allows traders to grow up to €2,000,000 in simulated capital — double the €1,000,000 ceiling available in the classic Sweet Pepper and Chilli Pepper programs.
Consecutive month requirement: The 50% increase is only triggered by two back-to-back profitable months. A single profitable month followed by a losing month resets the consecutive streak, delaying the next scale-up.
Consistent rules throughout scaling: The daily drawdown limit, total drawdown limit, minimum profitable days requirement, and all trading rules remain unchanged as the account scales. Only the euro amounts increase proportionally with the new balance.
Single account only: The Black Pepper Hot-Seat allows only 1 account per trader at any time. There is no option to run parallel funded accounts or diversify across multiple Black Pepper positions simultaneously.
Fee refund on passing: The full €1,499 challenge entry fee for both steps is refunded and counted toward the first payout after successfully completing both phases of the evaluation.
Maximum capital ceiling: The Black Pepper Hot-Seat scaling plan allows traders to grow up to €2,000,000 in simulated capital — double the €1,000,000 ceiling available in the classic Sweet Pepper and Chilli Pepper programs.
Consecutive month requirement: The 50% increase is only triggered by two back-to-back profitable months. A single profitable month followed by a losing month resets the consecutive streak, delaying the next scale-up.
Consistent rules throughout scaling: The daily drawdown limit, total drawdown limit, minimum profitable days requirement, and all trading rules remain unchanged as the account scales. Only the euro amounts increase proportionally with the new balance.
Single account only: The Black Pepper Hot-Seat allows only 1 account per trader at any time. There is no option to run parallel funded accounts or diversify across multiple Black Pepper positions simultaneously.
Fee refund on passing: The full €1,499 challenge entry fee for both steps is refunded and counted toward the first payout after successfully completing both phases of the evaluation.
