SpiceProp - Company review 2025
- Trust level:
- High
- Min. price
- $45
- Year founded
- 2023
- Country of registration
-
Czech Republic
- Max. account balance
- $2000000
- Terminal
- MT5, cTrader
- Reviews SpiceProp:
- 0 1 3
- News Trading
- Yes
- Swing Trading Allowed
- Yes
- EAs Trading Allowed
- Yes
- Refund
- Yes
- Payment
- Paytiko, Stripe (кредитная карта), банковский перевод, криптовалюта.
- Withdrawal:
- Successfully
- Shopper's status:
- 25K Chilli Pepper Funded
General advantages SpiceProp
- Loyalty points
- Frequent promotions and special offers
- Support service available in 11 languages
- Multilingual website available in 11 languages
General disadvantages SpiceProp
- Limited educational materials
- Small community
- Withdrawals:
-
Funds were successfully withdrawn within the declared time frame. A 20% fee was withheld, in accordance with the challenge terms.
- Claims to trading conditions:
-
None.
- Claims to order execution:
-
None.
Trader Support and Feedback
- Declared communication channels:
-
Email • A question was submitted to support via email:
“Hello! I have already withdrawn funds from my funded account and would like to know if there are any limits on the number of withdrawals per month?”
The reply received:
Withdrawals are available 14 days after the first trade on a funded account, and then every 14 days after the last withdrawal. Within the Black Pepper challenge, withdrawals are allowed every 7 days. With the optional Fast Payout add-on, you can withdraw funds every 8 days.
Telegram chat • It was interesting to learn why refunds are only available for two-phase challenges. A manager explained that this is a company policy and suggested trying the two-phase Sweet Pepper challenge.
Knowledge base • Available. Search works properly.
- Claims about support:
-
No claims.
- Claims to the knowledge base:
-
No claims.
- Alternative support channels:
-
The company is present on social media: it has an official Instagram account, a Telegram channel, a Discord community, and pages on X and Facebook. The company regularly posts current promotions on its Instagram, where you can quickly learn about profitable offers. All promotions and trader payouts are also duplicated in the Telegram channel, allowing users to stay updated and not miss the chance to buy a challenge at a discount.
Restrictions, fines, blocking
- Blocking for account inactivity:
-
The account is deactivated after 21 days of inactivity.
- Single IP rule:
-
The region of the IP address used to access the trading account must remain unchanged.
- Overnight position:
-
No restrictions on trading at night or on weekends.
- Copy trading:
-
Copy trading is allowed between your own accounts within SpiceProp or to your external accounts, provided it can be verified that the SpiceProp account is the main (master) account and trades appear there first. Copying trades from your accounts with other prop firms to a SpiceProp account is prohibited.
- Use of VPN and VPS:
-
VPS or VPN may be used both during the evaluation phase and on funded accounts. However, the system may flag an account if it detects irregularities in IP addresses. In such cases, documents and proof of ownership may be required. The company recommends using a VPN or VPS with a static IP address.
- Prohibited trading practices:
-
- Copying trades from other traders
- Tick scalping strategy
- Arbitrage latency
- Reverse arbitrage
- Hedge arbitrage
- Use of emulators
However, allowed: averaging (martingale) and hedging.
- Claims to blocking conditions:
-
No claims.
Convenience of the personal account
- Informativeness of the personal account:
-
The dashboard includes all information about challenge prices, allowed drawdowns, profit targets, profit splits, and other conditions.
- Correspondence of information on the site with the Personal Account:
-
The information about challenges in the personal account matches what is stated on the website.
- Navigation and usability:
-
The personal account includes detailed statistics on the current challenge. There is also a loyalty points section, where points are credited after each challenge purchase and can be used as a discount for the next one. Additionally, there’s an FAQ section with answers to frequently asked questions, and a support contact form – simply fill it out, and your request will be automatically sent to the support email.
Negative Reviews Online
A user mentioned that the support service sometimes does not respond.
Opinion of the Mystery Shopper
While working with the company, I noted several important points. First of all, the availability of the MetaTrader 5 platform – one of the best in the industry – is a strong advantage. The familiar interface, wide selection of assets, and user-friendly tools for working with levels make the trading process comfortable. I especially want to highlight the promotion with a free challenge reset. I failed to pass the test on the first attempt, but thanks to this offer, I was able to successfully complete it on the second try – a truly helpful feature that supports the trader. It’s also worth noting that throughout both the challenge and the trading on the funded account, I never had to contact support – a sign of transparency and a smooth, dispute-free process.
Is the company suitable to be recommended for cooperation?
Yes, I recommend SpiceProp. The company offers a wide selection of challenges, so everyone can find one that suits their needs. SpiceProp regularly runs promotions with generous discounts. In the personal account, users can also purchase useful add-ons such as increased refund amounts, higher maximum drawdown, and faster withdrawals.
In addition, accumulated loyalty points can be used to buy future challenges, which helps save money and motivates traders to keep going.
Reviews
Interesting prop firm. They often run promotions here. I’ve even participated a couple of times. The last one was for Valentine’s Day – I bought a challenge and got a discount plus a free reset. By the way, I actually used that reset, and you could say it saved me! Now I already have a funded account. I trade with peace of mind because it’s much easier for me with SpiceProp. After all, if anything happens, I’m not risking my own capital
Thanks to the support for their quick response to my request. I contacted the SpiceProp support team regarding two issues. The manager discussed them with me and provided a consultation. I received all the information I needed. After the consultation, I purchased a challenge. The manager acted professionally, which led me to decide to cooperate with the company.
At the initial stage of working with SpiceProp, I am completely satisfied and happy. If I encounter any difficulties, I will reach out to the manager, as the company is always willing to help. I truly appreciate that.
I’ve been working with SpiceProp for some time now, and my experience has been outstanding. They offer great opportunities for traders, including funded accounts, capital scaling, and professional development.
What impressed me the most is their transparency and reliability. My first payouts were processed on time and sent to the payment system of my choice without any issues. Their platform is user-friendly, and they provide all the necessary tools for successful trading.
SpiceProp genuinely creates a supportive environment for traders, and I highly recommend them to anyone looking to take their trading to the next level.
I am engaged in prop trading with this company, and their conditions suit me well. They do not impose strict restrictions; on the contrary, SpiceProp helps traders develop and increase their earnings, as long as they follow proper risk management. I approached the process responsibly and was granted an account to manage. Thank you.