Updated 2026-03-08
SpiceProp Payout Split & Schedule Rule Explained
SpiceProp
Quick Answer
SpiceProp offers funded traders a 60% profit split (up to 90%) paid bi-weekly on net profits.
The payout is calculated as a percentage of net profits generated in your funded account, starting at 60% and increasing up to 90% based on performance or account progression. Payouts are processed every two weeks and only apply once you've passed the evaluation phases and received a funded account.
Key Rule Details
Base Split
60%
Max Split
90%
Frequency
bi-weekly
Consistency Rule
No
Fee Refunded
No
Calculation Example
Common Mistakes
Expecting Phase 1 Payouts
Many traders assume they can withdraw profits during the 10% Phase 1 evaluation, but SpiceProp's payout system only applies to funded accounts. If you're still in Phase 1 with a $50,000 account and hit your profit target, you advance to Phase 2 but cannot withdraw the $5,000 profit yet.
Miscalculating Bi-Weekly Timing
Traders often misunderstand when their bi-weekly payout period starts, assuming it begins immediately after funding. SpiceProp's bi-weekly schedule likely starts from a fixed company date, not your individual funding date. This means your first payout might be less than 14 days or up to 28 days depending on when you get funded.
Including Unrealized Profits
Some traders calculate expected payouts based on floating P&L rather than closed positions. SpiceProp pays on net profit, which typically means realized gains only. If you have $2,000 in open positions showing profit on a $50,000 account, you cannot request a payout until those trades are closed.
Expecting 90% Immediately
New funded traders assume they immediately receive the maximum 90% split rather than starting at 60%. The progression to higher splits likely requires meeting specific milestones or trading periods. Starting at 60% on your first payout means earning $600 from $1,000 profit, not $900.
Protection Strategies
Track Net Profit vs Gross
Maintain a separate spreadsheet tracking only closed trades to calculate your actual withdrawable profit. Since SpiceProp pays 60-90% of net profit, knowing you have $3,000 in closed gains means expecting $1,800-$2,700 in payouts, helping you budget appropriately.
Plan Around Bi-Weekly Schedule
Align your trading strategy with the bi-weekly payout schedule rather than trading for daily income. Focus on consistent bi-weekly profit generation of 2-4% to ensure regular payouts while staying within the 5.5% daily loss limit.
Set Payout Milestone Alerts
Create alerts when your net profit reaches meaningful payout thresholds like $1,000, $2,500, or $5,000. At 60% split, these translate to $600, $1,500, and $3,000 payouts respectively, helping you decide when to reduce position sizes or take a break.
Avoid Trading Near Payout Dates
Reduce or halt trading 2-3 days before anticipated payout dates to avoid last-minute losses that could reduce your withdrawal amount. If you have $2,000 profit built up, protect it rather than risking a drawdown that cuts your $1,200-$1,800 payout.
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Frequently Asked Questions
Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Prop firm rules change regularly — always verify current terms on SpiceProp's official website before purchasing a challenge. Updated 2026-03-08.