About Habanero What The Habanero Competition Account
Is?
Habanero is a special competition account for those who do not want to pay extra. Habanero
allows you to test your trading skills using a minimum amount - only €12!
How The Habanero Grows
Key Facts About Growing Your Habanero
Phase One - Evaluation
Cost: €12
You start on 1st step of the Challenge with €8,000 account size
At the 2nd step of the Challenge you will get €10,000
На третьем этапе Челленджа получите €12,000 на cчет
Phase Two - Simulated Funded Account
Remaining Habanero fee: €78
To get a simulated funded account you need to pay the remaining Habanero fee of €78
You start with a scalable simulated funded account of €12,000
You will have a profit sharing of 85% and profit target of 6%
The maximum account scaled size is €300,000
Key Advantages*
You can get all the benefits of the Habanero Competition Account after clearing
the first phase
12 EUR Minimum entry
3 steps Unique competitive account
0 EUR No extra charges
No SL You can trade without setting a Stop-Loss
Robot-friendly You can use algorithms
6% profit target Fast scaling of simulated funded account
85% Profit sharing on a simulated funded account
Up to 300,000 EUR Account scaling limit
Full transparency No rule differences compared to other accounts
*Learn more Promotion Terms And
Conditions
How It Works
We have simplified the way the Habanero account works to make it easier for you to
understand
Try
Get a Habanero account for only €12.
You don't have to pay for the whole programme.
Complete the 3 steps of the challenge one by one.
Pass
Those who complete the Habanero Competition will receive €12,000 in simulated funding and 85% profit sharing.
If you fail, you lose nothing.
Then Pay
If you cleared the programme, pay the balance.
Passing And Brief Terms Of The Programme
This diagram will navigate you how to pass the challenge, its requirements and to expect
after clearing the first phase
Purchase for €12
Purchase the Habanero Challenge for €12 to start the competition on this account
type.
Begin clearing the first step of the Challenge.
Requirements on 1st phase
At all three steps of the first phase you will have the same requirements:
- Maximum daily drawdown level of 2%
- Maximum total drawdown level of 4%
- Minimum number of profitable days 3
- Profit target 5%
Try to complete
Try to complete the first phase of the challenge, using different sizes of
account. The size of the account will increase at each step. The first step provides you with
€8,000. At the second you will get €10,000, and €12,000 in the final step.
Success or fail
If you fail to clear the challenge, you can’t purchase the programme any more. But
you will get an Exclusive Voucher up to 20 euros (learn more).
If you have successfully cleared all
three stages of Habanero, you will be offered to transfer to a scalable simulated funded account of
€12,000 with a profit sharing level of 85%.
Unlock Habanero 2nd phase
To unlock scaling and other advantages of your simulated funded account you need
to pay the remaining Habanero fee of €78.
Scale up to 300K
Now you are able to start trading on your new Habanero simulated funded account
with a profit sharing level of 85%. Your account size on the 2nd phase will initially be €12,000. If
you reach the target of 6% profit, your account will be scaled further. The maximum possible account
scaled size in the second phase is €300,000.
An Exclusive Voucher Opportunity!
By purchasing your Habanero account before October 13, 2024, you could receive a
voucher worth €10 to €20!
If you don’t complete the Habanero programme with success, you’ll automatically receive
a voucher
(vouchers will be sent by email):
- Fail Step 1 - Receive a €10 voucher
- Fail Step 2 - Receive a €15 voucher
- Fail Step 3 - Receive a €20 voucher
You can use your voucher to partially pay for any other SpiceProp programmes, excluding Mini Pepper.
SpiceProp
We are a community of traders. Everyone who comes to us becomes a member of our team.
We grow and develop together. Among us there are market experts and those who are just beginning to
learn about it. We are different. But we are all united by self-confidence and the desire to get as much
as possible on the market.
Why Do Traders Choose Us?
With us you will get everything for success
Three Types of Programmes to implement any earning strategies
One of the cheapest 2-Step Programme among similar in the prop industry
Multi-account all assets in one account – Forex, Indices, Metals, Crypto, Stocks,
Commodities
Community of Traders everyone is the member of our team
Customer Support 24/7 we will help you to solve any problem
SpiceProp Academy we will teach you to earn more
High-quality market analytics for making the right investment decisions
Reliable partners secure payment systems, trusted brokers and liquidity providers
Full Terms And Conditions
Please read carefully before joining the competition
- Offer is valid from November 5, 2024, to November 13, 2024 (UTC+1).
- The Habanero programme is a 3-step programme, after which the trader receives an access to a simulated funded account.
- Profit (reward) sharing applies only to the simulated trading account and is at 85%.
- Trader on each step of the challenge has to make 3 profitable days which are calculated in the same way as on other challenges (0.5% on the previous day's balance/equity, calculated at 6 PM NY time).
- Only closed trades are taken into account to calculate a profitable day. Open trades are not to be considered in this regard.
- A trader may hold open trade for another day and over the weekend without any limits.
- A trader may use trading robots as long as they do not use prohibited trading practices (see Q&A).
- A trader does not have to place a Stop-Loss order. However, optimal risk management is encouraged.
- Once any risk (daily or total) is breached, the account will be closed.
- After clearing a challenge step, other accounts can be released within 24 hours after passing the challenge.
- In order to pass the steps, you have to comply with all terms and conditions of a given level
(risk, profit target, profitable days).
1st step
- Capital: 8 000.
- DD daily: 2%.
- DD total: 4%.
- Target: 5%.
- Profitable days: 3.
2nd step- Capital: 10,000.
- DD daily: 2%.
- DD total: 4%.
- Target: 5%.
- Profitable days: 3.
3d step- Capital: 12 000.
- DD daily: 2%.
- DD total: 4%
- Target: 5%.
- Profitable days: 3.
- You have unlimited time to pass the challenge.
- The account is subject to a 21-day inactivity rule, which is calculated from the time of the first transaction on the account.
- News trading is not prohibited.
- It is forbidden to copy signals of third parties and to use technology that enables the copying of third party trades. Copying is only permitted from other SpiceProp accounts.
- No add-ons are applicable to the account.
- All rules apply to the simulated trading account as well.
- Hedging and martingale are permitted on the account. No hedging is allowed between SpiceProp accounts.
- Targets for scaling and risk rules for the simulated funded account.
- No requirement for 3 profit days.
- 85% profit sharing level.
- DD daily: 2%.
- DD total: 4%.
- 6% profit target to scale an account size.
- The account is scaled with every 6% profit achieved, according to the following:
SIMULATED FUNDED start: €12 000
- 6% - 20,000
- 6% - 30,000
- 6% - 40,000
- 6% - 60,000
- 6% - 80,000
- 6% - 100,000
- 6% - 150,000
- 6% - 200,000
- 6% - 300,000
- A trader can only buy one account during the promotion period.
- Upon clearing the challenge the account is not refundable.
- An initial fee of €12 applies to each trader to access the challenge.
- A post-challenge fee of €78 applies only to traders who have cleared all 3 steps. Traders will not be allowed to get access to a simulated funded account until they have paid the remaining challenge fee.
- Traders have 7 working days to pay the remaining fee (Monday - Friday, without weekend).
- The account can only be purchased during the promotion period and will not be available outside the promotion period.
- If the trader does not clear the Habanero Challenge, no additional fee has to be paid.
- Once the balance has been settled, the trader will receive an access to the simulated funded account within a maximum of 24 hours after SpiceProp has received a payment.
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