SpiceProp Gives a Second Identical Account Free With DOUBLE10, and Excludes Its Five Cheapest Challenges
SpiceProp is giving buyers a second identical challenge account at no cost on top of a 10% discount, under the code DOUBLE10, and has excluded five accounts from the offer. The offer runs from 9 October at 00:00 CET to 12 October at 23:59 CET on SpiceProp, and the five exclusions are the detail worth reading, because cross referencing them against the firm’s own price list shows they are precisely the cheapest challenges it sells.
What DOUBLE10 Does at Checkout
The mechanics are published on the firm’s own news page. You pick an eligible account, enter DOUBLE10 at checkout, pay 10% less than the list price, and receive a second account of the same program and the same size for nothing. The firm’s framing is that the first account is 10% off and the second is 100% off.
The term that makes this unusual is the timing. SpiceProp states, twice and in plain language, that the second account is not a reward waiting at the finish line and that you do not need to complete or pass the first account to receive it. Both accounts are provided immediately with the purchase. That is a real departure from the structure most firms use for this kind of promotion, where a free account is granted after a first payout or a first pass, which means most buyers never collect it. Here the second account exists the moment the first one does.
It is also worth noting where the offer is published. When we first assessed this promotion it existed only in the firm’s mailing, with the code appearing nowhere on the public site. That has changed: SpiceProp has now put the promotion on its own news page with the code, the window and the full exclusion list visible to anyone, and the home page banner carries the dates. A buyer can therefore check the terms before paying, which is not something that can be said of every discount code circulating in this market.
The Five Excluded Accounts Are the Five Cheapest SpiceProp Sells
The firm names its exclusions under a heading about what is not included: Spice 2-Step EUR 6K, Spice 2-Step EUR 10K, Spice 3-Step EUR 15K, Spice Instant Pro EUR 1K and Spice Instant EUR 1K. Everything else it lists as eligible is covered.
Set that list against the firm’s published prices and a pattern appears. The Spice 2-Step ladder runs EUR 45 for the EUR 6,000 account, EUR 99 for EUR 10,000, EUR 166 for EUR 25,000, EUR 295 for EUR 50,000, EUR 499 for EUR 100,000 and EUR 715 for EUR 150,000. The Spice 3-Step ladder starts at EUR 60 for EUR 15,000, then EUR 125 for EUR 40,000, EUR 199 for EUR 80,000 and EUR 295 for EUR 120,000. The excluded accounts are the EUR 45 2-Step, the EUR 99 2-Step, the EUR 60 3-Step and both EUR 1,000 Instant products. In other words, the three cheapest priced challenges on the two most popular ladders, plus the two smallest Instant accounts.
That produces an odd result on the firm’s own home page, where the headline statistics advertise EUR 45 as the lowest entry at the same moment the headline promotion excludes the EUR 45 account. The advertised cheapest way in and the advertised best offer describe different products. None of this is hidden, and SpiceProp has published the exclusion list rather than burying it, which is more than many firms manage. But a trader who reads the banner and assumes the entry level account is covered will be wrong, and the gap between the two claims is the reason to read the list.
The Cheapest Way In, and the Arithmetic Behind It
Strip out the excluded tiers and the lowest priced eligible account is the Spice 3-Step EUR 40,000 at EUR 125. On the two phase ladder, which carries the more conventional rule set, the cheapest eligible account is the Spice 2-Step EUR 25,000 at EUR 166.
Take that EUR 166 and apply the 10%. The result is EUR 149.40, which on the published terms buys two Spice 2-Step EUR 25,000 challenges. We want to be precise about what that figure is: it is arithmetic we have done from SpiceProp’s own list price, not a price SpiceProp advertises anywhere. The firm publishes a list price and a percentage, and the multiplication is ours. Confirm the figure at checkout rather than treating it as a quoted price.
On the firm’s published rules, each of those EUR 25,000 2-Step accounts asks for 7.5% in phase one and 5% in phase two, against a daily drawdown limit of 5.5% then 4.5% and a total drawdown limit of 11%, with a minimum of three profitable days, fixed leverage of 1:100 and scaling up to EUR 1 million. The 3-Step route is tighter on risk and gentler on targets: 4%, then 6%, then 6% in profit goals, a 3% daily limit, a 7% total limit, leverage of 1:33 and scaling to EUR 500,000. Which of those suits a given trader has nothing to do with the promotion, and choosing the cheaper eligible tier simply to collect a free duplicate is the wrong way round. Our challenge comparison sets these rule sets against each other properly.
Two Accounts Double the Risk Rules as Well as the Capital
There is a quieter catch in any buy one get one promotion, and it is not in the terms. Two identical accounts are two separate sets of drawdown limits, two separate minimum day requirements and two separate phase sequences to get through. They do not combine into one larger account with one set of rules.
That matters because the obvious use of a duplicate is to trade the same strategy on both, which doubles the position size being pushed through one idea without doubling the room for it to be wrong. If the strategy has a bad week, both accounts take it at once. The more defensible use is as genuine diversification, running a different approach or a different session on the second account, or simply holding it in reserve as a second attempt at the same target. Pass rates across this industry are low enough that a free second attempt has real value on its own, and our data on how often funded accounts actually survive is the context worth having before deciding how to use it.
One term is genuinely unresolved. SpiceProp sells four add-ons separately, including an extra 5% performance reward, a 150% payment refund, faster withdrawals and an extra 4% drawdown limit. Whether an add-on bought with the first account also applies to the free duplicate is not addressed anywhere on the promotion page. Given that the extra 4% drawdown limit would materially change how the second account can be traded, that is worth confirming with support before paying for one.
What This Means for the Broader Prop Industry
The structural interest here is not the discount, it is the immediacy. The standard version of this promotion across the industry grants the free account conditionally, after a pass or a first payout, which costs the firm almost nothing because the great majority of buyers never reach the condition. SpiceProp has removed the condition. Every buyer in this window collects the second account, which means the firm is carrying the full cost of the giveaway on every sale rather than on the small fraction that qualifies. Firms do not usually do that unless the arithmetic on volume works, and it is a more honest version of the offer than the conditional one.
The exclusion list points the other way, and it points somewhere familiar. Capping a doubling promotion at the entry level tiers is what a firm does when the cheapest accounts are the ones with the thinnest margin, and it tells you something about where the economics sit on a EUR 45 challenge. The practical effect is that the offer only reaches buyers spending above a certain amount, which is the actual purpose of most exclusion lists in this market even when they are framed as product restrictions.
The wider pattern is a market competing on volume of accounts rather than on the quality of a single one. Promotions that hand out extra accounts, extra resets and extra attempts all push in the same direction: more simulated capital in more hands, with the rule sets doing the filtering. For a disciplined trader a free second attempt at the same challenge is a straightforward gain and worth taking. For an undisciplined one it is two accounts to lose instead of one, and the industry knows which of those two is more common. Judging firms on their published terms rather than their published offers is the only way through it, which is what our trust index is built to do.
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