SpiceProp has taken 25% off four of its funding programs for a single week, from September 8 at 00:00 CET to September 14 at 23:59 CET, and bolted a second incentive onto each one. Three of the four programs come with free resets. The fourth comes with a bigger performance reward instead. That second layer is the part worth reading closely, because a discount only changes what an evaluation costs to start, while a reset changes what it costs to fail. For traders weighing a challenge fee against the odds of clearing it, those are two very different things, and SpiceProp has priced them separately.
What the Four Codes Actually Buy
Each program in the promotion carries its own code, and the codes are not interchangeable. On the Spice 2 Step, the code 2STEPSWEET applies the 25% discount and adds one free reset that can be used within 20 days of purchase, at either step. On the Spice 3 Step, 3STEPSWEET applies the same discount and adds two free resets, again usable within 20 days and across any of the three steps. The Spice 2 Step Pro uses SWEET2STEP, which gives 25% off and one free reset inside the same 20-day window, but restricted to Step 1 only.
The Spice 1 Step breaks the pattern. Its code, 1STEPSWEET, applies the same 25% discount but adds five percentage points to the performance reward rather than handing the trader a reset. So on three programs the promotion reduces the cost of a bad start, and on one it increases the payout after a good finish. Traders should confirm the current rules, targets and drawdown limits for whichever program they are considering on SpiceProp’s own program pages, since promotional terms and program terms are published separately and can move independently of each other.
The Reset Is the Part With a Deadline
A free reset sounds like insurance, and to a point it is. If an account breaches early, the reset puts the trader back at the start of the step without a second purchase. What makes this particular version narrower than it first appears is the 20-day clock. The reset is not a credit sitting in the account waiting to be used whenever the trader eventually needs it. It expires.
That has a practical consequence that is easy to miss at checkout. A trader who buys a discounted account during the promotion week, then waits two or three weeks to start trading because of travel, work or market conditions, may reach the point of needing the reset only to find the window has closed. The reset rewards traders who buy and trade in roughly the same period. It does very little for traders who buy on price and start later.
There is a second-order effect too. A 20-day window quietly pressures a trader toward activity. Anyone who wants the reset to retain value has an incentive to be in the market during those 20 days, which is precisely the period in which a discounted account is most likely to have been bought on impulse. Traders who already struggle with overtrading should treat the clock as a risk factor rather than a benefit. Our breakdown of the psychology behind trading challenges covers why deadlines of this kind change behaviour more than most traders expect.
The One-Step Offer Pays Later Instead of Failing Cheaper
The Spice 1 Step promotion is aimed at a different trader entirely. Adding five percentage points to the performance reward is worth nothing to someone who does not reach the funded stage, and it compounds for someone who does. A trader who passes and then withdraws consistently will collect that extra share on every payout, not once.
That makes the choice between the two offer types less about which sounds more generous and more about an honest read of your own hit rate. A trader who has passed evaluations before and expects to pass again is better served by the reward uplift. A trader on a first or second attempt, or one testing a strategy that has not yet survived a full evaluation, is getting more real value from a reset. The offers are not ranked. They are aimed at different points on the same learning curve.
It is also worth separating the headline percentage from the total cost of getting funded. A 25% discount on a program with tighter targets can easily work out more expensive across three attempts than a full-price program a trader clears on the first try. Our guide to cheap prop firms and what they really cost works through the arithmetic on that trade-off.
How to Price a Discount Against Your Own Failure Rate
The most useful thing a trader can do with a promotion like this is convert it into an expected cost per funded account. That means taking the discounted fee, multiplying by the number of attempts you realistically expect to need, and subtracting the value of any free resets that fall inside the window you will actually trade in.
Run that calculation and the ranking often changes. One free reset on a two-step program effectively halves the cost of the second attempt, but only if the second attempt happens inside 20 days. Two free resets on a three-step program are worth more on paper and are spread across more failure points, which also means more chances to use them before the clock runs out. The one-step reward uplift, by contrast, has no expiry at all once the account is funded.
None of this makes the promotion good or bad. It makes it a set of four different bets, and the trader who picks by discount percentage alone is choosing without looking at the part of the offer that varies. The reason so many funded accounts never produce a payout has less to do with entry price than with the rules a trader agreed to at checkout, a pattern we examined in detail in our look at why most prop traders fail.
What This Means for the Broader Prop Industry
Straight percentage discounts have been losing their power across the sector for a while. When every firm runs one, the number stops signalling anything, and traders learn to wait for the next sale rather than buy the current one. What SpiceProp has done here is a version of the response the industry has been converging on: keep the headline discount, then differentiate underneath it with something that only matters to a specific kind of trader.
The interesting part is that resets and reward uplifts pull in opposite commercial directions. Free resets reduce a firm’s repeat-purchase revenue from failed evaluations, which is the part of the model critics point to most often. Reward uplifts increase what the firm pays out to successful traders. A firm offering both at once is signalling that it would rather compete on the terms of the funded relationship than on entry price, which is a healthier place for the industry to compete than a race to the bottom on challenge fees.
It also raises the bar for comparison. When promotions carried a single number, traders could rank them in seconds. When they carry expiry windows, per-step restrictions and payout adjustments, the effective value of an offer depends on the individual trader’s situation. That is better for informed traders and worse for anyone shopping on the headline, and it puts more weight on reading the terms before the code goes in the box. SpiceProp has not published pass-rate or reset-usage data alongside this promotion, so how much of the added value traders actually capture remains unknown.
