What are the main account objectives and rules?

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Each SpiceProp program has its own parameters, but all programs follow the same core structure and discipline principles.
Your goal is not only to reach profit targets, but to demonstrate controlled risk management and consistent trading behavior.

Program Objectives Overview

Program	Steps	Profit Target	Daily / Total Drawdown	Min. Profitable Days	Profit Share Start	Leverage	Account Size Options (€)
Black Pepper (Hot-Seat)	2	7.5 % / 5 %	5.5 % / 11 %	3	90 %	Floating	300 K
Sweet Pepper (2-Step)	2	7.5 % / 5 %	5.5 % / 11 %	3	80 %	Floating	10 K – 150 K
Chilli Pepper (1-Step)	1	10 %	4 % / 11 %	3	80 %	Floating	10 K – 75 K
Cayenne (3-Step)	3	4 % / 6 % / 6 %	3 % / 7 %	3	80 %	Floating	15 K – 120 K
Jalapeño (No-Step)	1	10 %	2.5 % / 5 %	0	60 %	Floating	1 K – 5 K
Mini (2-Step)	2	7.5 % / 5 %	5.5 % / 11 %	3	80 %	Floating	6 K

Universal Rules (apply to all programs)

Your trading must always respect the following rules:

Profit Target
Achieve the profit goal defined for your selected program and step.
Daily Drawdown
Never exceed the maximum allowed loss within a single trading day.
Total Drawdown
Your equity must remain above the maximum overall loss limit at all times.
Minimum Trading / Profitable Days
Meet the required number of active or profitable days for your program.
2 % Risk Rule (Funded Accounts)
During funded trading, the total risk on a single trading idea must not exceed 2 % of account equity at the moment of entry.

The 2 % Risk Rule and Correlated Assets

The 2 % rule applies to trading ideas, not just individual trades.

What is correlation in trading?

Correlation measures how closely two instruments move in relation to each other, on a scale from -100 to +100:

Positive correlation (above +80 %)
Assets move almost identically (e.g. EURUSD and GBPUSD).
Negative correlation (below -80 %)
Assets move in opposite directions (e.g. EURUSD and USDCHF).

Why does correlation matter for risk?

Opening positions on highly correlated instruments is treated as one combined exposure, not separate trades.

Positive correlation (one-side betting)
Opening a BUY EURUSD with 2 % risk and a BUY GBPUSD with 2 % risk results in 4 % exposure to the same market move.
This is considered an attempt to bypass the 2 % rule and violates risk management principles.
Negative correlation (hidden hedging)
Opening positions on strongly negatively correlated instruments can artificially stabilize equity or avoid drawdowns.
This behavior does not reflect real trading skill and is not permitted.

How to trade responsibly in correlated markets

To stay compliant:

Check correlation tables before opening multiple positions.
If trading correlated assets, ensure the combined risk does not exceed 2 %
(e.g. 1 % + 1 % instead of 2 % + 2 %).
Consider opening additional correlated trades only after the first position’s stop-loss is moved to break-even.
Be extra cautious during high-impact news events, when correlations tend to strengthen.

Key takeaway

Risk limits apply to overall exposure, not ticket count.
Correlated positions are evaluated as aggregated risk.
Attempts to artificially diversify or hedge may lead to rule breaches, payout delays, or account action.