SpiceProp reviews are lacking on the Forex Peace Army (FPA) platform, which is a serious downside for the firm’s reliability and safety. On Trustpilot, the firm has below 100 reviews, and around 17% of them are 1-star evaluations, indicating noticeable issues in services and quality. Another important aspect of safety is the experience in the prop industry. The firm was launched in 2024, which makes it relatively young and inexperienced. All funded accounts are simulated accounts and traders can not access live accounts even after they are funded, which is a minor downside. 

The firm gets a 0 score in this section.

SpiceProp funded programs are diverse and include Hot Seat, 2-step, 1-step, and No Step challenges. The Hot Seat SpiceProp funding challenge is a 300k USD evaluation 2-step challenge where traders need to pass two phases with 7.5% and 5% profit targets. The list of SpiceProp challenge funding options is different for each account. The Hot Seat only offers a 300k USD account. The 2-step challenge offers 6k, 10k, 25k, 50k, 100k, 150k, and 300k USD options. The 1-step challenge offers 10k, 25k, 50k, 75k, and 100k USD options. The No Steap or instant challenge provides access to 1k, 2.5k, 5k, 7.5k, 10k, and 15k USD accounts. 

SpiceProp scaling plan is available and allows traders to scale their accounts every two months. The maximum scaled account size is capped at 2 million dollars, which is competitive.

Overall, the firm gets a 4 score in this section. 

SpiceProp prop trading assets include Forex, Indices, ETF, Metals & Energies. ETFs are Exchange traded funds and allow traders to gain exposure to many different assets including cryptos and stocks which is super flexible. However, the firm does not allow direct crypto or stock trading which is a serious downside. 

Overall, the firm managed to get a 3 score in this section.

SpiceProp rules are slightly different for each funded challenge type. 

The Hot Seat Spice Prop challenge has the following requirements:

• Profit target - 7.5%, 5% (phase 1 and 2)
• Daily loss limit - 4.5%
• Maximum drawdown - 11% 
• Minimum profitable days - 3 days 
• Leverage - 1:100
• Max scaled size - 2 million USD 
• Starting profit split - 90%

The 2-step Spice Prop challenge has the following requirements:

• Profit target - 7.5%, 5% (phase 1 and 2)
• Daily loss limit - 4.5%
• Maximum drawdown - 11% 
• Minimum profitable days - 3 days 
• Leverage - 1:100
• Max scaled size - 2 million USD 
• Starting profit split - 90%

The 1-step Spice Prop challenge has the following requirements:

• Profit target - 10%
• Daily loss limit - 4%
• Maximum drawdown - 11% 
• Minimum profitable days - 3 days
• Leverage - 1:100
• Max scaled to size - 1 million USD 
• Starting profit split - 80%

The No Step Spice Prop challenge has the following requirements:

• Profit target - 10%
• Daily loss limit - 2.5%
• Maximum drawdown - 5% 
• Minimum profitable days - 0 days 
• Leverage - 1:30
• Max scaled size - 1 million USD 
• Starting profit split - 60%

News trading, EAs, overnight hold, and weekend holding are all prohibited making the firm very strict.

Overall, the firm gets a 0.8 score in this section. 

The pricing is very competitive starting at 45 euros for the 6k 2-step challenge. The smallest 1-step challenge which is a 10 account starts at 129 euros, the 300k Hot Seat challenge costs 1,499 euros, and the 1k instant challenge costs 70 euros. This is very attractive and allows even beginners to start small and grow their accounts over time, which is very flexible. There is no SpiceProp free trial available, which is a serious downside as traders can not test trading conditions before purchasing the challenge. The SpiceProp free repeat is not offered either, which makes it impossible to start over for free. 

Overall, the firm gets a 3 score in this section.

The firm allows access to the advanced trading platform, MetaTrader 5 (MT5). Custom indicators and Expert Advisors are supported by the firm as well. Mobile trading is available via the MT5 mobile app. The firm does not allow the usage of EAs which is a serious downside. 

The firm gets a 3.9 score in this section.

SpiceProp profit split varies depending on the funded account challenge. The instant accounts start from 60%, 2-step at 80% and Hot Seat offers 90% profit sharing which is very competitive. Withdrawals take 1-3 business days.

The firm manages to get a 3 score in this section.

The firm only provides blogs with tips and some other interesting reading. However, it lacks comprehensive educational materials which is a serious downside. There are some tools offered in the trader dashboard along with the platform guide. Traders can access all the tools from the trader dashboard. 

Overall, the firm gets a 1.5 score in this section.

The firm offers several customer support options including live chat, email, and phone channels. This is very helpful and the availability of phone support is a green flag for the firm’s safety. 

The firm also offers many languages which are very flexible for international traders who want to access their languages. Both support and website are multilingual.

The firm gets a 5 score in this section for offering excellent support options with multilingual capabilities.