Does SpiceProp's Profit Target (Phase 2) include unrealized profits?

No, SpiceProp's 5% profit target only counts realized profits from closed trades. Floating profits from open positions do not contribute toward meeting the Phase 2 profit requirement. You must close trades to lock in profits that count toward the target.

What happens if I breach the Profit Target (Phase 2)?

You cannot breach the profit target - it's a minimum requirement to pass, not a maximum limit. If you fail to achieve the 5% profit target, you simply don't qualify for a funded account. You would need to purchase a new Phase 1 challenge to restart the evaluation process.

Does the Profit Target (Phase 2) reset if I lose money after reaching it?

No, the profit target doesn't reset, but you must maintain the 5% profit level to pass Phase 2. If you achieve 5% profit but subsequent losses bring you below this threshold, you'll need to trade back above 5% again before you can qualify for funding.

Is SpiceProp's Profit Target (Phase 2) calculated on starting balance or current equity?

The 5% profit target is calculated based on your initial Phase 2 account balance, not your current equity. For example, on a $50,000 Phase 2 account, you need exactly $2,500 in total realized profits regardless of any drawdowns. Your account equity must show the starting balance plus 5%.

Updated 2026-04-17

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

Dollar Target ($100,000)

$5,000

Phase

Phase 2 only

Time Limit

None

Min Days

3 days

Calculation Example

Account Size: $100,000 — Profit 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

Profit Target (Phase 1)

SpiceProp Comparisons

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

Frequently Asked Questions

PropSize iOS App

Position sizing without the spreadsheet.

Firm rules built in

FTMO, FundedNext and FundingPips pre-loaded. No manual entry.

Remembers your session

Last firm, account size, and instrument saved between opens.

Works offline

Calculate positions without internet. Gold contract sizes handled.

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 2026-04-17.