Updated 2026-03-08
SpiceProp Profit Target (Phase 1) Rule Explained
SpiceProp
Quick Answer
SpiceProp's Phase 1 Profit Target requires achieving exactly 10% profit on your initial account balance.
The profit target is calculated as 10% of your starting balance, meaning a $10,000 account needs $1,000 in profit to advance. This target must be reached through closed trades only - unrealized profits don't count. Failing to hit this target means you cannot progress to Phase 2 of the evaluation.
Key Rule Details
Target
10%
Dollar Target ($100,000)
$10,000
Phase
Phase 1 only
Time Limit
None
Min Days
3 days
Calculation Example
Common Mistakes
Counting Unrealized Profits
Traders often think floating profits count toward their 10% target, but SpiceProp only recognizes closed trades. If you have $900 in closed profits and $200 in open positions on a $10,000 account, you haven't hit the $1,000 target yet. The open trade could turn against you, leaving you short of the requirement.
Risking Everything Near Target
Once close to the 10% goal, traders often risk large amounts to reach it quickly, forgetting about the 5.5% daily loss limit. On a $50,000 account needing $5,000 profit, being at $4,500 doesn't mean you can risk $2,750 in one day to finish - that would breach the daily loss rule if it fails.
Stopping Exactly at Target
Some traders stop trading immediately after hitting 10%, but SpiceProp requires minimum 3 trading days. If you hit your $2,500 profit target on a $25,000 account in just 2 days, you still need to trade at least one more day. This exposes you to potential losses that could jeopardize your progress.
Miscalculating Required Profit Amount
Traders sometimes calculate percentages wrong or use current balance instead of initial balance. On a $100,000 account, the target is always $10,000 regardless of current balance. If your account grows to $105,000, you still only need $10,000 total profit from the original balance, not 10% of the new amount.
Protection Strategies
Set Personal Target at 12%
Aim for 12% instead of exactly 10% to create a safety buffer above SpiceProp's requirement. This 2% cushion means on a $50,000 account, you're targeting $6,000 instead of $5,000, giving you room for small losses while maintaining qualification. The buffer protects against minor drawdowns after reaching the official target.
Use 1% Risk Per Trade
Limit each trade to 1% risk to ensure steady progress without violating the 5.5% daily loss limit. On a $25,000 account targeting $2,500 profit, 1% risk means $250 maximum loss per trade. This allows multiple attempts to reach your target while staying well within daily loss constraints.
Set Profit Alerts at 8%
Configure alerts when you reach 8% profit to begin more conservative trading for the final 2%. On a $10,000 account, this means an $800 alert triggers defensive mode for the last $200 needed. This prevents overtrading and reduces risk of significant drawdowns when close to qualification.
Avoid Friday Afternoon Trading
Stop taking new positions after Thursday to avoid weekend gap risk once you're near the 10% target. Weekend gaps could create losses that push you below the profit requirement or breach risk limits. If you're at 9% profit on a $40,000 account ($3,600 of $4,000 needed), protect those gains over the weekend.
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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.