In prop trading, you can trading with simulated funds and make a profit from trading without the risk of losing your funds. Read more in SpiceProp Traders Blog.
Black pepper
Hot-Seat
5% for Step 2
Sweet pepper
2-Step Challenge
5% for Step 2
Chilli pepper
1-Step Challenge
Jalapeño
No Step Challenge
Mini pepper
2-Step Challenge
5% for Step 2
Stop-Loss is not required.
Expert Advisors can be used.
Overnight and over the weekend can be held.
Depending on programme profit sharing starts from 60% to 90% for the trader.
A profitable day is defined as a day on which the account balance increases by 0.5% from the previous day's balance.
After successfully completing two challenges, the trader receives a refund which will count towards the first payout.
Withdrawals are available 14 days after receipt of the funded account, then 14 days after the last withdrawal.
Copying other traders' signals / accounts is prohibited.
An inactive account is an account with 14 days of no trading activity.
If the account reaches a daily loss of 5,5% of the balance (2.5% on Jalapeño), it will be closed. The daily loss is based on the previous day's equity as of 00:00 server time.
Trading of important news (with high market impact) is not prohibited. But it must be note that during a high-impact news event, during volatile moments there might be a slippage (i.e. difference between the expected price of a trade and the price at which the trade is executed). Slippage can not be controlled by company side.