SpiceProp Add-Ons Terms & Conditions
1. Definition: Add-ons
An add-on is an optional purchase a trader can make for a challenge. These add-ons allow you to improve the challenge parameters according to the specific description of the add-on.
2. Available Add-ons
There are currently four types of add-ons available for challenges:
- 5% More Performance Reward: Increases the trader's profit split by an additional 5% on simulated funded accounts, allowing you to retain a higher share of the generated rewards.
- 150% Refund: This is only possible on challenges that already include a refund. Upon passing the challenge, the simulated funded account is credited with 150% of the challenge fee rather than the standard 100%.
- 8 Day Withdrawal: In standard programs (excluding Black Pepper), the first reward withdrawal is usually possible every 14 days. This add-on allows a trader to request a withdrawal from a simulated funded account every eight days. This applies only to funded simulated accounts and cannot be applied to challenge accounts.
- 4% More Capital Slip: This adds 4% to the total capital drawdown (not daily). It applies to all SpiceProp challenge accounts and eligible direct-funded programs. It is intended to allow for more aggressive trading.
3. Program Compatibility Summary
| Programme | 4% DD Add-on | Fast Withdrawal (8 days) |
150% Refund | +5% Performance Reward |
|---|---|---|---|---|
| Mini Pepper | Phase 1 & 2 | Available (Funded) | If you pass | Available (Funded) |
| Sweet Pepper | Phase 1 & 2 | Available (Funded) | If you pass | Available (Funded) |
| Cayenne Pepper | Across Evaluation Phases | Available (Funded) | If you pass | Available (Funded) |
| Chilli Pepper | Phase 1 only | Available (Funded) | Not Available | Available (Funded) |
| Black Pepper | Phase 1 & 2 | Not Available | If you pass | Available (Funded) |
| Jalapeño 2.0 | Available (Instant Funded) | After First Scaling | Not Available | Available (Funded) |
| Jalapeño Lite | Available (Instant Funded) | Not Available | Not Available | Available (Funded) |
4. Specific Program Rules
- Cayenne Pepper: As an evaluation challenge with an included fee refund structure, it fully qualifies for the 150% refund add-on upon successfully passing the evaluation. The 4% capital slip expands its defensive total drawdown limit to allow for more flexibility during trading.
- Chilli Pepper: A 150% refund is not available because this program does not offer a challenge fee refund.
- Black Pepper: The 8-day payout add-on is not offered because the Hot Seat program already processes payouts every 7 days.
- Jalapeño 2.0: Because this is an immediate funded account, the 4% increased total risk works right from the start on the initial account setup before aggressive scaling occurs. It does not offer a 150% refund add-on as there is no initial challenge fee refund structure.
- Jalapeño Lite: This program provides immediate, low-cost capital access with a fixed account size and static drawdown. It does not offer a 150% refund add-on as there is no standard challenge refund.
5. Refund Policy
A paid account including purchased add-ons can be refunded within 14 days, provided no trades have been placed and the account has not yet been used for simulated trading.