What trading techniques are forbidden?
At SpiceProp, we are looking for traders who demonstrate consistent, professional, and independent strategies. To maintain a fair environment and protect our capital, we have established clear rules regarding prohibited trading practices.
1. Copy-Trading and Account Mirroring
We encourage individual strategy development. While some forms of internal copying are allowed, others are strictly prohibited:
- Permitted: You may copy trades from your own SpiceProp Funded (Master) account to your own SpiceProp Challenge (Slave) account. This allows you to manage live capital while testing new ideas on a challenge.
- Prohibited: You cannot copy trades from external signal providers, third-party accounts, or other traders.Copying between different individuals or between multiple Funded accounts is strictly forbidden, as it creates an artificial duplication of risk.
2. The "3-Minute Rule" and Passive Trading
We monitor trade duration to ensure that activity reflects professional market engagement rather than "passive" or "low-effort" behavior.
- Definition: Any trade closed in less than 3 minutes is considered a Short-Term Transaction.
- The 5% Threshold: You are fully compliant as long as these short-term trades make up 5% or less of your total transactions.
- Additional Verification: If you exceed the 5% limit, those trades must have had a Stop Loss (SL) or Take Profit (TP) set at the time of opening. Furthermore, the SL/TP distance must correspond to at least half (50%) of the time the trade remained open.
- Minimal Activity: Opening "dummy" trades with near-zero risk just to meet minimum trading day requirements is also prohibited.
3. Account Sharing, IP, and CID Conflicts
To prevent unauthorized account management and fraud, we maintain a strict One-Trader, One-IP, One-Device policy.
- CID Conflict: This occurs when our systems detect more than one user account accessed from the same physical device (computer, tablet, or phone).
- IP Conflict: This occurs when multiple unrelated accounts access our platform from the same IP address.
- Security: Never share your login credentials or your trading device with other SpiceProp users. These conflicts are treated as evidence of unauthorized account management or coordinated trading.
4. Forbidden Strategies and Exploitation
The following strategies are not allowed because they bypass standard risk management:
- Risk Extremes: "All-in" trading without risk control, or using Martingale/Grid strategies (increasing your position size after a loss).
- News Hedging: Opening opposing positions (hedging) within 5 minutes of major economic news releases.
- Technical Exploitation: Any attempt to profit from feed delays (latency arbitrage), technical system errors, or price glitches.
- Correlated Risk: Attempting to hide risk by hedging across multiple accounts or using highly correlated instruments to bypass risk limits.
5. Consequences of Violations
If a violation of Section 4.2 of GTC is detected, SpiceProp reserves the right to take the following actions:
- Trading Suspension: Immediate pause of account access for investigation.
- Payout Rejection: Cancellation of any pending payout requests.
- Account Reset: Reverting your Funded account balance to the initial starting amount, which resets all profits to zero.
- Termination: Permanent closure of your account and a ban from future SpiceProp services without a refund.
Important Note: Funded Account Activation
Once you successfully pass a Challenge, there is a mandatory 24-hour verification window. During this time, our risk team reviews your trading history for compliance with the rules above. Once cleared, your Funded account will be issued. Remember that KYC verification must also be fully approved before your first payout can be processed.