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Updated 2026-03-08
Funded Trading Plus vs SpiceProp: Which Prop Firm Is Better?
Traders choosing between Funded Trading Plus and SpiceProp face a clear trade-off between proven track record and trading flexibility. Funded Trading Plus offers a single-phase evaluation with no minimum trading days, while SpiceProp provides significantly more drawdown room (11% vs 6% max loss) at a lower entry cost. This comparison examines their challenge structures, risk parameters, and payout terms to help you determine which firm better matches your trading style and experience level.
FT
Funded Trading Plus
Est. 2021 · London, UK
4.7
3,000 reviews
VS
7 wins
2 ties
3 wins
S
SpiceProp
Est. 2023 · N/A
4
200 reviews
Feature
Funded Trading Plus
SpiceProp
Challenge Price ($100K)
$549
$479✓ Lower entry cost
Phase 1 Profit Target
10%
10%
Phase 2 Profit Target
None (single-phase)✓ Single-phase evaluation
5%
Max Daily Loss
4%
5.5%✓ More daily loss room
Max Total Loss
6%
11%✓ More drawdown room
Min Trading Days
None✓ No minimum
3 days
Time Limit (Phase 1)
No limit
No limit
Payout Split
80% (up to 100%)✓ Higher profit split
60% (up to 90%)
Funded Trading Plus
Pros
+Multiple challenge types: Instant Funding, 1-Step, and 2-Step options
+Fast weekly reward frequency starting from day 0
+No monthly fees with transparent pricing structure
+News trading allowed and weekend holding permitted
+Swap-free accounts available with no virtual charges for overnight positions
Cons
−Lower leverage at 1:30 compared to many competitors
−Limited account size options shown with pricing
−Add-on features require additional 15% fees each
−Relatively new firm established in 2021
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?
SpiceProp suits aggressive traders and scalpers who need maximum breathing room, offering 5.5% daily loss limits and 11% total drawdown compared to Funded Trading Plus's restrictive 4% and 6%. The $70 lower entry cost and higher loss thresholds make it ideal for high-frequency strategies and traders who occasionally hit larger drawdowns.
Funded Trading Plus works better for consistent profitable traders who value simplicity and proven reliability. The single-phase evaluation eliminates the stress of a second profit target, while their 4.7/5 Trustpilot rating from 3,000+ reviews demonstrates established operations since 2021. News trading permission and scaling up to larger accounts also favor experienced fundamental traders.
For most traders, Funded Trading Plus is the safer choice despite higher costs. Their three-year track record and elimination of Phase 2 requirements outweigh SpiceProp's cost savings, especially given SpiceProp's limited review history since launching in 2023.
Choose Funded Trading Plus if:
→Multiple challenge types: Instant Funding, 1-Step, and 2-Step options
→Fast weekly reward frequency starting from day 0
→No monthly fees with transparent pricing structure
→News trading allowed and weekend holding permitted
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
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.