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
80%
Payout Frequency
Bi-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.
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 €50,000 account, the maximum allowable total loss is €5,500.
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 €50,000 account, this means a maximum daily loss of €2,750 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 €50,000 account, this means a maximum daily loss of €2,250 in the funded phase.
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 €295 challenge entry fee is refunded and counted toward the first payout after successfully passing both evaluation steps.
First payout availability: The first withdrawal can be requested 14 days after the funded account is opened, with subsequent payouts available every 14 days after the previous withdrawal.
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 but also amplifying the risk of hitting drawdown limits faster.
Daily limit tightens in funded stage: The funded phase daily limit of 4.5% is lower than the 5.5% allowed during the challenge, meaning traders who calibrate their risk to the challenge parameters may find themselves over-leveraged in the funded account without adjusting their strategy.
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.
Phase 2 overconfidence trap: After passing Step 1 with a 7.5% gain, 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. 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.
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 €50,000 account, the maximum allowable total loss is €5,500.
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 €50,000 account, this means a maximum daily loss of €2,750 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 €50,000 account, this means a maximum daily loss of €2,250 in the funded phase.
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 €295 challenge entry fee is refunded and counted toward the first payout after successfully passing both evaluation steps.
First payout availability: The first withdrawal can be requested 14 days after the funded account is opened, with subsequent payouts available every 14 days after the previous withdrawal.
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 but also amplifying the risk of hitting drawdown limits faster.
Daily limit tightens in funded stage: The funded phase daily limit of 4.5% is lower than the 5.5% allowed during the challenge, meaning traders who calibrate their risk to the challenge parameters may find themselves over-leveraged in the funded account without adjusting their strategy.
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.
Phase 2 overconfidence trap: After passing Step 1 with a 7.5% gain, 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. 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.
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 Sweet Pepper scaling plan allows traders to grow up to €1,000,000 in simulated capital, starting from a €50,000 account.
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 Sweet Pepper accounts, allowing for parallel scaling paths and diversified capital deployment across multiple funded accounts.
Fee refund on passing: The full 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 Sweet Pepper scaling plan allows traders to grow up to €1,000,000 in simulated capital, starting from a €50,000 account.
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 Sweet Pepper accounts, allowing for parallel scaling paths and diversified capital deployment across multiple funded accounts.
Fee refund on passing: The full challenge entry fee for both steps is refunded and counted toward the first payout after successfully completing both phases of the evaluation.
