Company profile
SpicePropReview SummaryFounded2017Registered Country/RegionUnited Arab EmiratesRegulationUnregulatedMarket InstrumentsForex, Indices, ETFs, Metals and EnergiesDemo Account✅LeverageUp to 1:100Spread/Trading PlatformMT5Min Deposit€45Customer SupportContact formTel: +420 773 475 700 (9 am – 5 pm CET, from Mon. to Fri.)Email: support@spiceprop.comAddress: SpiceProp s.r.o. 158 00, Czech Republic, Praha, Bucharova 2657/12, Stodůlky Based in United Arab Emirates, SpiceProp is an unregulated forex broker that was established in 2017. SpiceProp provides various financial products to trade via the MT5 platform, including Forex, Indices, ETFs, Metals and Energies. Demo accounts are available and the minimum deposit requirement to open a live account is as low as €45.Pros and ConsProsConsVarious trading optionsNot regulatedDemo accountsUnclear fee strutureMT5 supportedSlow withdrawal processing timeLow minimum depositPopular payment optionsMultiple contact channelsIs SpiceProp Legit? No, SpiceProp is not regulated by any reputable financial body. Please be aware of the risk!What Can I Trade on SpiceProp? SpiceProp provides a diverse range of trading instruments across various asset classes, including Forex, Indices, ETFs, Metals and Energies.Tradable Instruments Supported Forex✔Metals✔Energies✔Indices✔ETFs✔Stocks❌Cryptocurrencies❌Bonds❌Options❌Account Type SpiceProp offers five accounts to choose from, including CLASSIC, GOLD, PLATINUM, ELITE and RAW accounts. SpiceProp not only provides live accounts but also sets up demo account for traders to practice trading with virtual credit.Account TypeMin DepositBlack pepper€1499Sweet pepper€99Chilli pepper€129Jalapeño€70Mini Jalapeño€45LeverageAccount TypeMax LeverageBlack pepper1:100Sweet pepper1:100Chilli pepper1:100Jalapeño1:30Mini Jalapeño1:100 It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.Trading PlatformTrading PlatformSupported Available Devices Suitable for MT5✔Windows, MAC, Android, iOSExperienced tradersMT4❌/BeginnersDeposit and Withdrawal SpiceProp accepts Credit card, GOPay, Bank transfer and Crypto as payment methods. Withdrawals are available 14 days after receipt of the simulated funded account, then 14 days after the last withdrawal. For Black Pepper challenge withdrawals possible every 7 days.