Choose a challenge

With SpiceProp you may find challenges for funded simulated accounts up to €300,000. You can use all available funds in the account in the simulated trading mode. You do not risk your own funds. You pay only the cost of the purchased challenge. Read “How to choose a challenge” in the Q&A section.

Register with SpiceProp

To purchase a challenge you need to register with SpiceProp. In the SpiceProp client area you will be able to purchase a challenge. At the first stage, you don’t have to comply with our KYC rules. But you have to confirm your registration via email. Read “Why do I need to register with SpiceProp” in the Q&A section.

Buy a challenge

To pay with a credit card, make a bank transfer or pay with a cryptocurrency click the “Select” button below the selected challenge in the client area page. Follow the instructions. If you have a promo code, enter it on this page. Read “How to buy a challenge in SpiceProp” in the Q&A section.

Install MetaTrader 5

Before starting the challenge you will need to download the MetaTrader 5 trading platform via the link on our website. Select the appropriate version of the trading platform for your operating system. Follow the instructions of the installation wizard. You will find your login and password for MT5 in the Clients area. Read “How to install the trading platform” in the Q&A section.

Start the challenge

Start making trades on a funded simulated account (with the amount up to €300,000). SpiceProp offers multi-accounts, where you can have all assets in one place. You can trade Forex, Indices, Metals, Stocks, Commodities, ETF's on the same account. If you have any questions, please contact our manager.

Complete the challenge

To successfully complete a challenge, a number of conditions must be met: do not exceed the drawdown level, achieve profit targets, have a minimum number of profitable days. Challenges differ by the number of stages. There are two-stage, single-stage and no-stage challenges. After successfully completing all stages required, you will receive access to a simulated funded account (the company will provide you with the funds).

Sign the contract

After completing a challenge you will receive a certificate. If you successfully completed the two-step challenge, you will receive a refund. At this point, you have to go through our KYC procedure to confirm your personal details. You will be asked to sign a contract with SpiceProp.

Get Profit

Depending on the challenge, your share of profit can reach up to 90%. SpiceProp pays out traders the profits. A trader cannot receive a loss as SpiceProp covers all losses a trader may incur during trading. After receiving a profit, you can request a withdrawal to a bank account or a crypto wallet.

Become a SpiceTrader

At this stage, you can already trade on your funded simulated account. Read “What opportunities open up after successfully completing the challenge” in the Q&A section.

Increase your profits

Trading on a simulated account means that the company provides a simulated funded account. According to the agreement, the trader can pay out the reward (profits) from such an account in accordance with the distribution. In addition, the trader can increase the size of his account at this stage through scaling.. You will have special drawdown conditions that are not available for traders during the challenge stage. In particular, you will have the risk-reduction rule of 2.75% to help you avoid potential losses. Read more about the funded simulated account in the Q&A section.