Prop firms · Is it legit?
Is Spiceprop legit?
Spiceprop scores 3.3/5 on Trust and 3.8/5 on Payouts in the Tradoshi 2027 ranking, #123 of 276 with 66.6/100. A regulator has published a warning about it (NSSMC (Ukraine)).
Tradoshi 2027 ranking, data as of October 30, 2026. Methodology
Regulator warning
- NSSMC (Ukraine), June 25, 2025 (source)
What our checks show
High scores (4 or 5 out of 5)
- Identity and contact
- Published processing time
- Payout frequency and first payout
- Payout history and incidents
- Suspicious review warning
- Rule clarity
- Rules restricting how you trade
- Secure website
- Protected domain (SPF, DMARC, headers)
Low scores (1 or 2 out of 5)
- Regulator warnings
- Regulated execution partner
- Honest marketing
- Withdrawal terms and methods
- Trader rating (Trustpilot and Google)
A low score reflects what the scale recorded on that criterion, not a fault by the firm: each criterion name links to its scale. These checks describe what was published on the dates shown. They guarantee neither a future payout nor that the rules stay the same: check with the firm before buying.
The detail, criterion by criterion
Company and regulators
| Criterion | Score | What was recorded |
|---|---|---|
| Regulator warnings | 2/5 | NSSMC (Ukraine), 2025-06-25 (source) Read on October 28, 2026 |
| Registered company and age | not applicable | SPICEPROP SL LTD Read on October 29, 2026 |
| Identity and contact | 4/5 | Disclaimer: This website is operated by SPICEPROP SL LTD, Rodney Court Building, Rodney Bay, Gros Islet, Saint Lucia. (source) Read on October 28, 2026 |
| Regulated execution partner | 2/5 | Download the MetaTrader trading platform or use the web terminal: (source) Read on October 28, 2026 |
| Honest marketing | 1/5 | Step 1: Start Trading a Live Funded Account from Day 1 (source) Read on October 28, 2026 |
Payouts
| Criterion | Score | What was recorded |
|---|---|---|
| Public payout proof | 3/5 | Here we only provide information on direct SpiceProp payouts to our clients (source) Read on October 28, 2026 |
| Published processing time | 5/5 | Where your account meets all compliance conditions (including the Consistency Score, 2% risk rule, and absence of rule breaches), payouts are normally processed within 24 business hours. (source) Read on October 28, 2026 |
| Payout frequency and first payout | 4/5 | 2-Step Pro: Every 7 days. (source) Read on October 28, 2026 |
| Withdrawal terms and methods | 1/5 | – Read on October 28, 2026 |
| Payout history and incidents | 4/5 | – Read on October 28, 2026 |
Trader reviews
| Criterion | Score | What was recorded |
|---|---|---|
| Trader rating (Trustpilot and Google) | 2/5 | Trustpilot 3.9 from 638 reviews; Google 3.5 from 17 reviews (source) Read on October 28, 2026 |
| Number of reviews | 3/5 | 655 reviews (source) Read on October 28, 2026 |
| Suspicious review warning | 5/5 | No Trustpilot warning on the profile (source) Read on October 28, 2026 |
Rules
| Criterion | Score | What was recorded |
|---|---|---|
| Rule clarity | 5/5 | 14/14 rules documented (source) Read on October 28, 2026 |
| Rules restricting how you trade | 4/5 | – (source) Read on October 28, 2026 |
Website security
| Criterion | Score | What was recorded |
|---|---|---|
| Secure website | 5/5 | certificate valid for 84 more days Read on October 28, 2026 |
| Protected domain (SPF, DMARC, headers) | 4/5 | 4 points out of 5 (SPF, DMARC, DMARC strict, HSTS) Read on October 28, 2026 |
Frequently asked questions
Is Spiceprop regulated?
A prop firm usually sells an evaluation program and is not a licensed broker. The company name recorded is SPICEPROP SL LTD. A regulator has published a warning about it (NSSMC (Ukraine)).
Does Spiceprop pay its traders?
Its Payouts pillar scores 3.8/5: it measures what is published on proof, timing, frequency and payout incidents. It does not guarantee a future payout.
What do reviews say about Spiceprop?
Trustpilot 3.9 from 638 reviews; Google 3.5 from 17 reviews. The Reviews pillar scores 3.3/5.
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