SpiceProp — General Terms of Service

1. Introduction & Acceptance

Welcome to SpiceProp! SpiceProp provides a platform where traders can demonstrate their skills in a simulated environment and, once qualified, access funded trading opportunities.

These General Terms of Service (the “Terms”) govern your use of www.spiceprop.com (the “Site”) and your SpiceProp Dashboard (the “Dashboard”).

By registering an account, clicking “I Agree,” or using our services, you confirm that:

• You have read and understood these Terms;
• You accept and agree to comply with them; and
• You also accept our Privacy Policy and Program Rules (available in your Dashboard).

If you do not agree with these Terms, you must stop using the Site and Services.

Who we are: SpiceProp is operated by SpiceProp SL LTD and its affiliates, including SpiceProp HK Limited and SpiceProp SRO. Our company details, registered addresses, and contact information are published on our official website.

We may update these Terms periodically. Updates take effect immediately upon publication on our website. Continued use of our services constitutes acceptance of the revised Terms.

2. Scope, Eligibility & Registration

2.1 Scope

• Access to trading challenges and funded accounts;
• Use of our Site, Dashboard, and trading systems; and
• Any related features, communications, or services.

2.2 Eligibility

To use our Services, you must:

• Be at least 18 years old (or the legal age of majority in your jurisdiction);
• Reside in a country where our Services are legally available (restricted regions are listed on our website);
• Register with accurate, complete information; and
• Comply with all applicable laws in your jurisdiction.

Citizens, residents, or persons located in restricted or sanctioned countries are not eligible. Traders from Vietnam are further subject to the specialized eligibility and operational criteria set forth in Annex A.

2.3 Account Registration

• You are responsible for maintaining the confidentiality of your login credentials.
• All actions taken under your account are your responsibility.
• Unauthorized access, false identity information, or account sharing may lead to suspension or closure.

Single Client Account Policy

• Each Client is permitted to maintain only one individual client dashboard/account. The creation, possession, or use of multiple client accounts by the same individual is strictly prohibited.
• Any attempt to purchase services, participate in programs, or access the platform through multiple accounts operated by the same person may result in account suspension, permanent ban, and termination of services without refund.
• Multiple registrations may also lead to CID or IP conflicts, which constitute a material breach of these Terms.

2.4 Identity Verification (KYC/KYB)

• KYC verification may be required before payouts, funded access, or when requested for compliance.
• You must complete KYC within 30 calendar days of request. Failure to do so may result in account suspension or closure, and forfeiture of pending payouts.

2.5 Legal Use Only

By registering, you confirm you will use SpiceProp only for lawful, personal purposes — not to evade restrictions, share accounts, or misuse our systems.

3. Nature of Our Services

3.1 What We Provide

• Access to trading platforms connected to real market data;
• Simulated trading challenges and funded account programs;
• Educational and analytical tools; and
• Rewards based on performance and compliance with program rules.

Trading is conducted in a simulated environment using virtual funds. These are not deposits, cannot be withdrawn, and do not represent real investment.

3.2 Not Financial Advice

SpiceProp is not a broker, financial institution, or investment advisor. We do not execute trades in live markets, manage client funds, or provide personalized financial advice.

3.3 Funded Accounts

Upon successful completion of the Challenge Phase, you may be offered a Funded Account. Payouts are based on performance metrics and eligibility checks but remain subject to program rules.

3.4 No Guarantees

Trading involves risk. Success depends entirely on your skill, discipline, and compliance. SpiceProp does not guarantee profits or future funding.

3.5 Platform Integrity

We monitor all accounts to ensure fairness and compliance. Manipulation, exploitation, or abuse may result in account review or closure.

4. Trading Rules & Prohibited Practices

4.1 Purpose of Rules

Trading rules ensure fairness and consistency.

4.2 Prohibited Activities

The following activities are strictly prohibited. Engaging in any of these practices constitutes a material breach of the Agreement.

4.2.1 Copy-Trading and Account Mirroring

SpiceProp requires all traders to demonstrate individual strategy development and independent decision-making.

• Prohibited External Copying: Copying trades from external accounts, third-party signal providers, or traders outside the SpiceProp ecosystem is strictly forbidden.
• Prohibited Internal Mirroring:
  • Between Different Individuals: Copying trades between accounts belonging to different persons is prohibited, regardless of the account type.
  • Between Multiple Funded Accounts: Copying transactions between multiple Funded (Master) accounts is prohibited; this constitutes an artificial and unauthorized duplication of risk exposure.
  • Challenge to Funded: Copying trades from a Challenge account to a Funded account is strictly forbidden.
• Permitted Copying: The only authorized form of copy-trading is from your own SpiceProp Funded (Master) account to your own SpiceProp Challenge (Slave) account.

4.2.2 Passive Trading and Short-Term Transactions

SpiceProp requires accounts to maintain active and professional trading behavior.

• 3-Minute Definition: A "Short-Term Transaction" is any position closed within less than three (3) minutes of its opening.
• The 5% Threshold: If Short-Term Transactions exceed 5% of the total transactions on the account, they are only compliant if:
  • The transaction was closed automatically at a pre-set Stop Loss (SL) or Take Profit (TP) level.
  • The SL or TP level was set at the time of opening at a distance (price/time) corresponding to at least half (50%) of the actual duration of the transaction.
• Minimal Activity: Maintaining near-zero activity or extremely low-risk positions solely to bypass minimum trading day requirements is prohibited.

4.2.3 Account Sharing, IP, and CID Conflicts

SpiceProp maintains a strict One-Trader, One-IP, One-Device policy without exception.

• Unauthorized Access: Each account must be accessed only by the registered user. Sharing login credentials with "account management" services, "prop firm passing" services, or any third party is a violation.
• IP Conflict: The use of a single IP address by multiple unrelated SpiceProp users is prohibited. Traders are responsible for ensuring their network environment does not conflict with other users.
• CID Conflict: Accessing more than one user account from the same physical device (identified by a unique Client ID / CID) is strictly prohibited.
• Rationale: CID and IP conflicts are treated as evidence of unauthorized account management, coordinated trading, or identity misrepresentation.

4.2.4 Technical and Strategy Exploitation

• Market Manipulation: All-in or one-sided trading without risk control; Martingale or grid strategies (excessive exposure or increasing after losses).
• System Exploitation: Exploiting feed or technical delays, system errors, or price arbitrage.
• News Hedging: Opening opposing positions (hedging) within five (5) minutes of major economic releases.
• Correlated Risk: Deliberate circumvention of risk limits through correlated instruments or hidden hedging strategies across multiple accounts or individuals.

4.2.5 Consequences of Prohibited Activities

If SpiceProp detects any violation of the rules listed in Sections 4.2.1 through 4.2.4, the Company reserves the right to take any of the following actions at its sole discretion:

• Trading Suspension: Immediate suspension of account access for manual review.
• Payout Rejection: Cancellation of any and all pending payout requests.
• Account Reset: Reverting the balance of a Funded (Master) account to the initial starting amount, effectively resetting profits to zero.
• Termination: Permanent closure of the account and termination of the Agreement without refund.
• Permanent Ban: Prohibiting the individual from registering for any future SpiceProp services.

5. Risk Management & Consistency

5.1 Risk Framework

Our risk rules help you demonstrate discipline and consistency.

5.2 The 2% Risk Rule

For risk management purposes, “risk” means the potential loss on a trading idea at the time of opening, calculated as:

Floating loss for 1 direction trades on one instrument must at all times be less than 2% from initial account balance.

The rule requires that the risk on any single trading idea (all positions in the same instrument and direction) shall not exceed 2% of initial balance at the time the trade is opened.

Application:

• During Challenges: This rule is monitored but not strictly enforced. Occasional breaches will not disqualify you.
• During Funded Trading: The rule is enforced. Breaches may result in restrictions, delayed payouts, or account reset.

In addition, daily loss limits, maximum drawdowns, and profit targets are binding conditions of participation. These are program-specific and published in the official Program Terms on our website, which form an integral part of these Terms.

Correlated Assets & Risk Aggregation

Opening positions on highly correlated instruments to bypass the 2% rule is prohibited. Positive correlation above 80% or negative correlation below -80% that results in hidden hedging or artificial risk distribution constitutes a breach of risk rules.

5.3 Consistency Score

Your consistency score shows how evenly your profits are distributed.

Daily Consistency Score = Largest single-day profit ÷ Total profit since account activation (or last approved reset)

Exposure Consistency Score = Largest single-exposure profit / Total profit since account activation

• During Challenges: Informational only, not required to pass.
• During Funded Trading: Consistency is required for payouts. If more than 30% of profits come from one day or one exposure, your payout may be delayed until results normalize.

5.4 Improving Consistency

Traders with uneven results may be asked to continue trading to balance performance before payouts are released.

5.5 Stop-Loss Use

Stop-loss orders are not mandatory but strongly recommended.

6. Challenges & Funded Journey

6.1 Path

1. Challenge Phase – prove trading performance.
2. Funded Stage – trade a funded account and qualify for payouts.

6.2 Challenge Phase

• Profit goals, drawdown limits, and minimum trading days apply (program-specific).
• Risk and consistency are tracked but not enforced.

6.3 Funded Account Activation

Following the successful completion of a Challenge, a mandatory 24-hour verification window applies before a Funded account is issued. During this period, the SpiceProp risk team performs a comprehensive compliance review of the account's trading history to ensure adherence to all rules, including but not limited to those outlined in Section 4.2. Provisional funded access will be granted only upon successful completion of this review. Furthermore, KYC (Know Your Customer) verification is required and must be fully approved before the first payout can be processed.

6.4 Funded Stage Rules

Compliance with the 2% risk rule, consistency requirements, and general trading integrity standards.

6.5 Payout Eligibility Requirement

To qualify for your payout:

• Your account must be active at least 14 days (unless otherwise allowed);
• You must have at least 4 profitable trading days, defined as days when closed trades increased account balance by at least 0.5% compared to the previous day;
• You must have at least €100 realized profit;
• KYC must be complete.

6.6 Remediation

If rules are unintentionally breached, remediation options are provided before disqualification.

7. Payouts & Withdrawals

7.1 Standard Processing

• Payout requests are submitted through your Dashboard.
• Where your account meets all compliance conditions (including the Consistency Score, 2% risk rule, and absence of rule breaches), payouts are normally processed within 24 business hours.
• Payments are sent only to verified accounts in your name. Large amounts may be divided into several smaller transfers for operational reasons.

7.2 Manual Review (Audit)

• If concerns are identified during automated checks — for example, unusual trading patterns, risk breaches, or consistency issues — your payout request will be placed into manual review.
• Manual reviews involve a documented audit of your account history, trading activity, and ownership verification.
• Reviews are normally completed within seven (7) calendar days. In complex cases this period may be extended, but you will be notified promptly of the reasons and given an estimated completion date.

7.3 Effect on Pending Requests

Pending payout requests are conditional on account equity. If your equity falls below your initial balance plus the requested payout amount before processing, the request is automatically canceled to preserve account stability.

7.4 Appeals

You may appeal payout delays by contacting [email protected].

8. Platform Integrity & Account Protection

8.1 Monitoring

We monitor trading activity to detect irregular patterns, technical exploitation, or abusive practices.

8.2 Audits

Accounts may be audited for payout eligibility or compliance. Reviews may include trade history, execution quality, and ownership verification. Audits are normally completed within 7 calendar days, subject to possible extension with notice as outlined in Section 7.2.

8.3 Communication

Traders are expected to respond to Company enquiries within five (5) working days. Failure to cooperate may result in suspension during investigations.

8.4 Outcomes

• Fully reinstated (with payouts processed);
• Adjusted (reset, new risk limits); or
• Closed (with refunds where applicable, unless fraud or serious breach is confirmed).

8.5 CID Conflicts & Device Use

A CID conflict occurs when multiple user accounts are accessed from the same device identifier. Sharing devices or login credentials is strictly prohibited and may result in audit, suspension, or termination without refund.

9. KYC, AML & Compliance

9.1 Purpose

KYC and AML procedures ensure payouts are legitimate and compliant with law.

9.2 When Required

• Upon reaching funded status;
• Before first payout; or
• When requested for compliance/security.

9.3 Documents Needed

• Valid government-issued ID;
• Proof of address (≤ 3 months old).

Additional proof of account ownership may be required.

9.4 AML & Sanctions

• Services are unavailable to residents of restricted/sanctioned regions;
• Persons on EU, UN, UK, or OFAC sanctions lists; and
• Users attempting to disguise illegal activity.

9.5 Data Handling

All personal data is encrypted, stored securely, and processed under GDPR.

9.6 VPN/VPS and Location Rules

• Users must ensure that their KYC verification and trading activities are conducted using IT infrastructure consistent with their actual geolocation.
• Use of VPS or VPN services is permitted only if they are approved by the Company or otherwise do not conceal or misrepresent the User’s true identity or location.
• Use of shared, dynamic, or anonymized IP addresses that obscure account ownership or enable multiple users is prohibited.
• Violations may trigger audit, restriction, or termination of the account without refund.

10. Confidentiality, Data Use & Intellectual Property

10.1 Privacy

Personal data is processed under GDPR and our Privacy Policy. We share only what is necessary with trusted partners.

10.2 Individualized Terms

Individualized terms not part of the general Program Terms are considered confidential without prior written consent.

10.3 Intellectual Property

All content and materials available on the Site, Dashboard, and trading platforms — including but not limited to software, data feeds, analytics, and design — are the property of SpiceProp, its partners, or its third-party vendors/licensors. You are granted a limited, non-transferable license to use such content solely for your personal participation in the programs.

10.4 Trading Data

We may analyze non-personal trading data to improve programs, risk systems, or provide anonymized insights.

10.5 Feedback & Testimonials

By providing feedback, you grant SpiceProp a non-exclusive, royalty-free right to use it for marketing or educational purposes, unless withdrawn.

11. Dispute Resolution, Jurisdiction & Final Provisions

11.1 Resolution

We encourage disputes to be resolved via [email protected].

11.2 Mediation

If informal resolution fails, mediation may be arranged before legal action.

11.3 Governing Law

These Terms are governed by Czech law. Exclusive jurisdiction lies with the courts of the Czech Republic, competent for the registered office of SpiceProp SRO.

11.4 Updates

Terms may be updated periodically. Continued use signifies acceptance.

11.5 Entire Agreement

These Terms, the Privacy Policy, the Program Rules, and any applicable Annexes (including Annex A for relevant jurisdictions) constitute the full agreement between you and SpiceProp.

11.6 Severability

If any provision is invalid, the remaining Terms remain enforceable.

11.7 Language

These Terms are written in English. In case of discrepancies with translations, English prevails.

11.8 Contact Information

• General: [email protected]
• Trading/Payouts: [email protected]
• Address: Bucharova 2657/12, 158 00 Prague, Czech Republic
• Website: www.spiceprop.com

11.9 Complaints

Clients must submit complaints within 2 days of the event in question. Late submissions may be rejected.

12. Liability, Warranties, and Refunds

12.1 No Warranty

SpiceProp provides its services, Site, Dashboard, and trading platforms on an “as is” and “as available” basis. We make no representations or warranties, express or implied, regarding availability, accuracy of data, uninterrupted access, or suitability for any purpose.

12.2 Limitation of Liability

To the maximum extent permitted by law, SpiceProp and its affiliates shall not be liable for any indirect, incidental, consequential, or special damages, including lost profits, lost trading opportunities, or business interruption, even if advised of the possibility of such damages. Our total liability in connection with your use of the services shall not exceed the fees you paid to SpiceProp in the preceding twelve (12) months.

12.3 Refund Policy

Program fees are non-refundable once access to the Challenge or Funded Account has been granted, except where required by law.

12.4 Force Majeure

SpiceProp shall not be liable for delays, interruptions, or failures caused by events beyond its reasonable control, including but not limited to natural disasters, internet or telecom outages, third-party service failures, or regulatory restrictions.

13. Termination of Agreement

SpiceProp reserves the right to suspend or terminate your account, access to the Site, or participation in any program, in whole or in part, at any time and with immediate effect, if:

• You commit a serious breach of these Terms or the Program Rules;
• You engage in fraud, misrepresentation, or conduct detrimental to the integrity of the platform; or
• Regulatory, compliance, or security reasons require us to do so.

Termination under this clause may result in forfeiture of pending payouts or program fees. Such termination is without prejudice to any other rights or remedies available to SpiceProp under law.

SpiceProp reserves the right at its discretion, to discontinue a User’s participation where trading activity is repeatedly inconsistent with the objectives of the programs. In such cases, termination will be exercised reasonably and in good faith, and any unused program fees shall be refunded.

14. Indemnification

You agree to indemnify, defend, and hold harmless SpiceProp, its affiliates, directors, employees, and partners from and against any claims, liabilities, damages, losses, or expenses (including reasonable legal fees) arising out of your breach of these Terms, violation of applicable law, or misuse of the Services.

15. Assignment

SpiceProp may assign or transfer its rights and obligations under these Terms to any affiliate or successor entity. You may not assign or transfer your rights or obligations without prior written consent from SpiceProp.

16. Non-Waiver

Any failure or delay by SpiceProp to enforce a right or provision of these Terms shall not constitute a waiver of such right or provision.

Contact Information

• General: [email protected]
• Trading/Payouts: [email protected]
• Address: Bucharova 2657/12, 158 00 Prague, Czech Republic
• Website: www.spiceprop.com

Annex A: Special Provisions (Vietnam)

Effective Date: March 20, 2026

Scope: These provisions apply exclusively to clients whose country of origin, residence, or KYC documentation is verified as Vietnam. In the event of any conflict between the General Terms and Conditions (GTC) and this Annex, the provisions of this Annex shall prevail.

1. Capital Exposure Limit

1.1. Definition of the Limit: The total value of capital managed by a single Trader across all Funded (Simulated Live) accounts may not exceed EUR 75,000.

1.2. Scope of Application:

• Challenge Phase: No limit. Traders may operate any number of active Challenge accounts with any total exposure.
• Funded Phase: Transitioning to the Funded stage is permitted only until the EUR 75,000 threshold is reached. Capital exceeding this limit will not be activated.

1.3. Trader’s Responsibility: The Trader bears exclusive responsibility for monitoring their total active capital. The Company is not obligated to block purchases that lead to exceeding this limit.

1.4. Violation: Any breach is a material violation. Detection of excess exposure results in:

• Invalidation of trading results on accounts exceeding the limit.
• Immediate termination of the agreement.
• Refusal of profit payouts on excess capital and closure of the account.

2. Volume & Strategy Consistency

2.1. Definition of Consistency: Traders must maintain a stable transaction volume. The Average Lot Size is calculated based on the All-Time Challenge Account History.

2.2. Consistency Range: Only trades within a deviation of 0.7x to 1.3x of the current average are permitted.

• Example:
• Average Lot Size: 10.0 Lots
• Min. Allowed (0.7x): 7.0 Lots
• Max. Allowed (1.3x): 13.0 Lots

Trades outside this range are considered a breach of risk management.

2.3. Calculation & Strategy Transfer:

• Exclusions: Trades under 3 minutes, trades already outside the range, and "micro-lot" (0.01) positions opened to manipulate stats are excluded from the average calculation.
• The "Anchor" Principle: The average established during the Challenge Phase serves as the mandatory baseline for the Funded Phase. The average is recalculated upon each withdrawal.
• Mirror Trading: The Trader must use the exact same strategy, instruments, and execution method (Manual vs. EA) used to pass the Challenge. Switching from Indices to FX or from EA to Manual trading on a Funded account is prohibited.

3. Profit Consistency Rule

3.1. Profit Concentration Threshold: For Traders originating from Vietnam, a profit concentration limit of 25% applies.

3.2. Consistency Score:

• Daily Score: Largest single-day profit ÷ Total profit.
• Exposure Score: Largest single-exposure profit ÷ Total profit.

3.3. Enforcement: During Funded Trading, consistency is mandatory for payouts. If more than 25% of profits derive from a single day or exposure, the payout will be delayed/withheld until results normalize through further consistent trading.

4. Risk Management & The 2% Rule

4.1. "Trading Idea" Definition: The sum of all open positions on the same instrument and in the same direction (e.g., all BUY positions on EURUSD).

4.2. 2% Risk Limit: Total risk for a single Trading Idea may not exceed 2% of the initial account balance. This applies to both floating and realized losses. Bypassing this via highly correlated instruments (±80%) is prohibited.

4.3. Stop Loss (SL) Obligation:

• If a Trader holds two (2) or more active positions on the same instrument, each must have a Stop Loss.
• The SL must be set within 60 seconds of execution.

4.4. Enforcement: Strict enforcement on Funded accounts. Breaches result in account restrictions, payout delays, account reset or immediate account termination.

4.5. Relation to Other Limits: The 2% Rule operates in parallel with the Daily Drawdown limit, Maximum Drawdown, and Volume Consistency limits described in Section 2. All these parameters are binding and form an integral part of these Terms and Conditions.

5. Technical & Infrastructure Restrictions

5.1. Mandatory VPS for EA/Algorithms: To prevent Cloud Copying and signal fraud, any Trader using EAs or automated scripts must operate exclusively via the Dedicated VPS and IP address provided by the Company.

5.2. Monitoring: Using external VPS providers or private hardware for EAs without consent is a security breach, leading to trade invalidation and account termination.

6. Identity, IP & Verification

6.1. One Document – One User: Attempting KYC with the same document across multiple profiles results in a Permanent Ban with no refund.

6.2. VPN/Proxy Prohibition: All trading and KYC must occur from the Trader's actual physical geolocation. Use of VPNs, Proxies, or Tor is strictly prohibited. IP discrepancies between KYC and MT5 will be flagged as fraud.

6.3. Mandatory Interview: The Company reserves the right to conduct a Video or Audio verification interview within 48 hours of a payout request. Payouts are withheld until the interview is successfully completed.

7. Three-Strike Rule

7.1. Terminal Violation: If three (3) Payout Requests are rejected due to "Soft Violations" (e.g., volume inconsistency, 2% rule breach, SL errors), the account will be permanently terminated.