Which firm has cheaper challenge fees?

SpiceProp charges $479 for a $100K challenge compared to FTMO's $540, saving you $61 upfront. However, FTMO offers better initial profit splits at 80% versus SpiceProp's 60%, potentially offsetting the higher entry cost with your first profitable month.

Can I trade news events with both firms?

FTMO restricts news trading around high-impact events, while SpiceProp's news trading policy isn't clearly specified. If news trading is central to your strategy, you'll need to contact SpiceProp directly for clarification on their specific restrictions.

Which firm is more trustworthy?

FTMO has a stronger trust profile with 4.8/5 stars from 40,000 Trustpilot reviews and 9 years in business since 2015. SpiceProp shows 4/5 stars but from only 200 reviews as a firm founded in 2023, making FTMO the more established choice.

Which firm should I choose if I'm a slow trader?

SpiceProp offers significant advantages for methodical traders with no time limit on Phase 1 challenges versus FTMO's 30-day requirement. SpiceProp also provides slightly more drawdown room at 11% total loss versus FTMO's 10%, giving you extra buffer for longer-term positions.

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Updated 2026-03-08

FTMO vs SpiceProp: Which Prop Firm Is Better?

Traders choosing between FTMO and SpiceProp face a classic trade-off between established reputation and flexible challenge conditions. FTMO brings nearly a decade of market presence and extensive trader feedback, while SpiceProp offers more forgiving drawdown rules and no time limits on Phase 1. The comparison reveals fundamental differences in their approach to trader evaluation, risk parameters, and profit sharing structures that will significantly impact your funding journey.

FTMO

Est. 2015 · Prague, Czech Republic

4.8

41,683 reviews

5 wins

4 ties

5 wins

SpiceProp

Est. 2023 · N/A

200 reviews

Feature

FTMO

SpiceProp

Challenge Price ($100K)

$540

$479✓ Lower entry cost

Phase 1 Profit Target

10%

Phase 2 Profit Target

Max Daily Loss

5.5%✓ More daily loss room

Max Total Loss

10%

11%✓ More drawdown room

Min Trading Days

4 days

3 days✓ More flexible

Time Limit (Phase 1)

30 days

No limit✓ No time limit

Payout Split

80% (up to 90%)✓ Higher starting split

60% (up to 90%)

FTMO

Pros

+Most established and trusted brand in prop trading (est. 2015)

+Free retry policy if profit target met but other rule breached

+Multiple platform options (MT4, MT5, cTrader, DXtrade)

+Strong payout track record — $500M+ total paid to traders

+Performance coaching and FTMO Academy included

Cons

−News trading restricted (2 min buffer around major events)

−Higher challenge prices than most competitors at same account sizes

−Scaling plan slower than rivals (25% increase every 4 months)

−Maximum initial allocation capped at $200K before scaling

SpiceProp

Pros

+Multiple account types including no-step Jalapeño program

+All-asset trading including Forex, Indices, Metals, Stocks, Commodities, ETFs

+24/7 customer support and SpiceProp Academy for education

+Unlimited trading period with no time restrictions

+High leverage up to 1:100 across all asset classes

Cons

−Relatively new firm established in 2023 with limited track record

−Some programs have restrictive account limits (Black Pepper only 1 account)

−Lower profit splits starting at 60% for some programs

−Higher daily drawdown limits compared to some competitors

Our Verdict

Which Should You Choose?

FTMO suits experienced traders who prioritize platform stability, news trading opportunities, and higher profit splits, while being comfortable with stricter time constraints and drawdown limits. The firm's 4.8/5 rating from 40,000 reviews and established track record make it ideal for traders who value proven reliability over flexible terms.

SpiceProp better serves newer traders or those who need extra time and risk tolerance during evaluation phases. With 5.5% daily loss limits versus FTMO's 5%, 11% total drawdown versus 10%, and unlimited Phase 1 time, it provides breathing room for developing strategies. However, the lower initial profit split (60% vs 80%) and minimal review history require accepting more uncertainty for these benefits.

For most traders, FTMO remains the stronger choice due to its established reputation, better initial profit sharing, and comprehensive platform support, unless you specifically need SpiceProp's more lenient challenge conditions.

Choose FTMO if:

→Most established and trusted brand in prop trading (est. 2015)

→Free retry policy if profit target met but other rule breached

→Multiple platform options (MT4, MT5, cTrader, DXtrade)

→Strong payout track record — $500M+ total paid to traders

Choose SpiceProp if:

→Multiple account types including no-step Jalapeño program

→All-asset trading including Forex, Indices, Metals, Stocks, Commodities, ETFs

→24/7 customer support and SpiceProp Academy for education

→Unlimited trading period with no time restrictions

FTMO — Start Your Challenge →Or try SpiceProp instead

Most traders choose FTMO based on this comparison

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Frequently Asked Questions

FTMO vs SpiceProp FAQ

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Try FTMO →Try SpiceProp →

Disclaimer:This comparison is for informational purposes only. Prop firm rules change regularly — always verify current terms on each firm's official website before purchasing a challenge. This is not financial advice. Updated 2026-03-08.