Targets & Drawdowns
Profit Target Step 1
10.0%
Daily Drawdown
4.0%
Max Drawdown
11.0%
Drawdown Type
Static
Rules
Time Limit
Unlimited
Profit Split
80%
Payout Frequency
Bi-weekly
Min Trading Days
3 days
Additional Rules
Single-phase evaluation: Traders must reach a 10% profit target in one phase with no time limit and a minimum of 3 profitable trading days to advance to the funded account stage.
Static total drawdown: The maximum total drawdown is fixed at 11% of the initial balance, calculated from the starting equity and never trailing. On a €75,000 account, the maximum allowable total loss is €8,250.
Daily drawdown limit: A 4% daily loss limit applies in both the challenge and funded phases, calculated from the day's starting equity and resetting daily at 23:59:59 CET. On a €75,000 account, this means a maximum daily loss of €3,000.
Minimum profitable days: At least 3 profitable trading days are required to pass the challenge. 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 €559 challenge entry fee is refunded with the first payout after successfully completing the evaluation, making the challenge effectively free for traders who pass.
Payout frequency: Payouts can be requested every 14 days in the funded stage, with no minimum profit amount stated beyond what qualifies under the standard payout requirements.
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 with no specific restrictions stated.
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, significantly higher than the Jalapeño programs and allowing more aggressive position sizing, though this also amplifies the risk of hitting drawdown limits faster.
1:1.1 PT:DD asymmetry: With a 10% profit target and an 11% total drawdown, the ratio slightly favors the trader compared to a pure 1:1 model, but the 4% daily limit means a single bad day can consume 36% of the total drawdown allowance.
Two consecutive profitable months requirement: The scaling trigger demands two back-to-back profitable months, meaning one bad month resets progress entirely. Traders who are inconsistent month-to-month may wait significantly longer before seeing any capital increase.
0.5% profitable day threshold: Both balance and equity must close above the 0.5% threshold for a day to count as profitable. A session that ends in a small net gain but with floating losses may not qualify, requiring traders to close all positions before end of day.
Daily limit applies in funded phase: Unlike some prop firms that relax rules after evaluation, SpiceProp maintains the same 4% daily drawdown in the funded phase, meaning the risk parameters do not become more lenient after passing.
Largest account in Chilli Pepper lineup: At €75,000, this is the highest tier available in the Chilli Pepper program. Traders who outperform this ceiling must switch to a higher-tier SpiceProp program such as Sweet Pepper or Cayenne to access larger capital.
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, calculated from the starting equity and never trailing. On a €75,000 account, the maximum allowable total loss is €8,250.
Daily drawdown limit: A 4% daily loss limit applies in both the challenge and funded phases, calculated from the day's starting equity and resetting daily at 23:59:59 CET. On a €75,000 account, this means a maximum daily loss of €3,000.
Minimum profitable days: At least 3 profitable trading days are required to pass the challenge. 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 €559 challenge entry fee is refunded with the first payout after successfully completing the evaluation, making the challenge effectively free for traders who pass.
Payout frequency: Payouts can be requested every 14 days in the funded stage, with no minimum profit amount stated beyond what qualifies under the standard payout requirements.
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 with no specific restrictions stated.
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, significantly higher than the Jalapeño programs and allowing more aggressive position sizing, though this also amplifies the risk of hitting drawdown limits faster.
1:1.1 PT:DD asymmetry: With a 10% profit target and an 11% total drawdown, the ratio slightly favors the trader compared to a pure 1:1 model, but the 4% daily limit means a single bad day can consume 36% of the total drawdown allowance.
Two consecutive profitable months requirement: The scaling trigger demands two back-to-back profitable months, meaning one bad month resets progress entirely. Traders who are inconsistent month-to-month may wait significantly longer before seeing any capital increase.
0.5% profitable day threshold: Both balance and equity must close above the 0.5% threshold for a day to count as profitable. A session that ends in a small net gain but with floating losses may not qualify, requiring traders to close all positions before end of day.
Daily limit applies in funded phase: Unlike some prop firms that relax rules after evaluation, SpiceProp maintains the same 4% daily drawdown in the funded phase, meaning the risk parameters do not become more lenient after passing.
Largest account in Chilli Pepper lineup: At €75,000, this is the highest tier available in the Chilli Pepper program. Traders who outperform this ceiling must switch to a higher-tier SpiceProp program such as Sweet Pepper or Cayenne to access larger capital.
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 40%, rewarding traders who demonstrate sustained consistency over time.
Maximum capital ceiling: The Chilli Pepper scaling plan allows traders to grow up to €1,000,000 in simulated capital, making it one of the highest ceilings available in the SpiceProp 1-step lineup.
Consecutive month requirement: The 40% 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 dollar amounts increase proportionally with the new balance.
Up to 3 accounts allowed: Traders can hold up to 3 simultaneous Chilli Pepper accounts, allowing for parallel scaling paths and diversified capital deployment across multiple funded accounts.
Fee refund on passing: The full challenge entry fee is refunded with the first payout after successfully completing the 1-step evaluation, making the challenge effectively free for traders who pass.
Maximum capital ceiling: The Chilli Pepper scaling plan allows traders to grow up to €1,000,000 in simulated capital, making it one of the highest ceilings available in the SpiceProp 1-step lineup.
Consecutive month requirement: The 40% 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 dollar amounts increase proportionally with the new balance.
Up to 3 accounts allowed: Traders can hold up to 3 simultaneous Chilli Pepper accounts, allowing for parallel scaling paths and diversified capital deployment across multiple funded accounts.
Fee refund on passing: The full challenge entry fee is refunded with the first payout after successfully completing the 1-step evaluation, making the challenge effectively free for traders who pass.
