TPThe Trading Playbook

Updated 2026-03-08

SpiceProp Profit Target (Phase 2) Rule Explained

SpiceProp
Quick Answer

SpiceProp's Profit Target (Phase 2) requires traders to achieve 5% profit to pass Phase 2.

The 5% profit target is calculated based on your initial Phase 2 account balance and must be achieved through closed trades. Failure to reach this target means you cannot progress to receive a funded account, and you would need to restart the evaluation process.

Key Rule Details

Target
5%
Dollar Target ($100,000)
$5,000
Phase
Phase 2 only
Time Limit
None
Min Days
3 days

Calculation Example

Account Size: $100,000Profit Target (Phase 2): $5,000
Account Size$100,000
Profit Target (Phase 2) Limit$5,000
Scenario: Closed P&L$3,000
Scenario: Floating P&L$0
Total Exposure$3,000
Remaining Buffer$2,000
Limit used:60%

Common Mistakes

Counting Unrealized Profits
Many traders assume floating profits count toward their 5% target and stop trading prematurely. SpiceProp only counts closed trades toward the profit target. For example, on a $10,000 account, having $600 in unrealized profits doesn't mean you've hit the $500 target until those positions are closed.
Ignoring Loss Buffer
Traders focus only on the 5% profit target while ignoring the 11% maximum total loss rule. On a $25,000 account, chasing the $1,250 profit target aggressively can quickly eat into your $2,750 loss buffer. One bad trade series can end your evaluation even if you're close to the profit target.
Rushing Without Strategy
The pressure to achieve 5% profit leads traders to abandon their trading plan and take excessive risks. This often results in hitting the 5.5% daily loss limit instead. For instance, risking $550+ in a single day on a $10,000 account while chasing the $500 profit target.
Not Meeting Minimum Days
Traders achieve the 5% profit target in 1-2 days but forget SpiceProp's 3-day minimum trading requirement. Even with $750 profit on a $15,000 account, you cannot pass Phase 2 until you've traded on at least 3 separate days, which creates additional risk exposure.

Protection Strategies

Target 6% Personal Profit Goal
Set your personal profit target at 6% instead of SpiceProp's 5% minimum to create a safety buffer. This gives you room for minor losses after hitting the target while ensuring you stay above the required threshold. For a $50,000 account, aim for $3,000 instead of the minimum $2,500.
Use 1% Risk Per Trade
Risk no more than 1% per trade to protect both your profit target progress and loss limits simultaneously. On a $100,000 account needing $5,000 profit, this means $1,000 risk per trade, requiring only 5 winning trades at 1:1 risk-reward to pass Phase 2.
Set Daily Profit Alerts
Configure alerts when you reach 1.5-2% daily profits to avoid overtrading and protect gains. For a $25,000 account, stop trading when you hit $375-500 daily profit to preserve progress toward your $1,250 total target while avoiding the 5.5% daily loss risk.
Avoid Friday Close Positions
Never hold positions over weekends when approaching your profit target, as weekend gaps can erase progress. If you have $4,500 profit on a $100,000 account (close to the $5,000 target), close all positions before Friday close to lock in gains and avoid gap risk.

Related Rules

Maximum Daily Loss
5.5%
Maximum Total Loss
11%
Profit Target (Phase 1)
10%
Minimum Trading Days
3 days

SpiceProp Comparisons

/Compare/Fundednext vs Spiceprop/Compare/Ftmo vs Spiceprop/Compare/Fundingpips vs Spiceprop/Compare/The Funded Trader vs Spiceprop

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.