Basic Information
Registered Region 
Czech Republic
Czech RepublicOperating Period
2-5 years
Company Name
SpiceProp s.r.o.
Customer Service Email Address
support@spiceprop.com
Contact Number
+420773475700
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
2
3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
SpiceProp
Czech Republic
|
2-5 years
|
Suspicious Regulatory License
|
High potential risk
https://spiceprop.com/
Website
Rating Index
Influence
Influence
B
Influence index NO.1
Colombia 4.59Surpassed 13.00% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+420 773 475 700
support@spiceprop.com
https://spiceprop.com/
158 00, Czech Republic, Praha, Bucharova 2657/12, Stodůlky
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Biz Area
Website
Genealogy
Relevant Enterprises
Company Summary
Wiki Q&A
Comment
Users who viewed SpiceProp also viewed..
XM
9.10
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
XM
Score
9.10
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
taurex
8.37
Score
5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
taurex
Score
8.37
5-10 yearsRegulated in United KingdomMarket Maker (MM)MT4 Full License
Official website
AVATRADE
9.50
Score
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
AVATRADE
Score
9.50
ECN Account 15-20 yearsRegulated in AustraliaMarket Maker (MM)MT4 Full License
Official website
MiTRADE
8.60
Score
10-15 yearsRegulated in AustraliaMarket Maker (MM)Self-developed
MiTRADE
Score
8.60
10-15 yearsRegulated in AustraliaMarket Maker (MM)Self-developed
Official website
Website
spiceprop.com
104.21.6.141Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
VIP is not activated.Open Now
Relevant Enterprises
Spiceprop s.r.o.
Active
Czech Republic
Registration No. 06314023
Established
Related sources Website Announcement
Company Summary
| SpicePropReview Summary | |
| Founded | 2017 |
| Registered Country/Region | United Arab Emirates |
| Regulation | Unregulated |
| Market Instruments | Forex, Indices, ETFs, Metals and Energies |
| Demo Account | ✅ |
| Leverage | Up to 1:100 |
| Spread | / |
| Trading Platform | MT5 |
| Min Deposit | €45 |
| Customer Support | Contact form |
| Tel: +420 773 475 700 (9 am – 5 pm CET, from Mon. to Fri.) | |
| Email: support@spiceprop.com | |
| Address: 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 Cons
| Pros | Cons |
| Various trading options | Not regulated |
| Demo accounts | Unclear fee struture |
| MT5 supported | Slow withdrawal processing time |
| Low minimum deposit | |
| Popular payment options | |
| Multiple contact channels |
Is 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 Type | Min Deposit |
| Black pepper | €1499 |
| Sweet pepper | €99 |
| Chilli pepper | €129 |
| Jalapeño | €70 |
| Mini Jalapeño | €45 |
Leverage
| Account Type | Max Leverage |
| Black pepper | 1:100 |
| Sweet pepper | 1:100 |
| Chilli pepper | 1:100 |
| Jalapeño | 1:30 |
| Mini Jalapeño | 1:100 |
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 Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, MAC, Android, iOS | Experienced traders |
| MT4 | ❌ | / | Beginners |
Deposit 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.
Keywords
- 2-5 years
- Suspicious Regulatory License
- High potential risk
Wiki Q&A
Serious74 
1-2 years
Which payment methods does SpiceProp support?
I appreciate that SpiceProp offers several payment methods, including credit cards, bank transfers, and crypto. This flexibility allows me to choose a method that suits my preferences. I’d always ensure to check for any hidden fees, though.
Broker Issues
Deposit
Withdrawal
07-24
United States
QM Trader
1-2 years
How long does SpiceProp's withdrawal take?
I’ve read that withdrawals can take up to 14 days, which is a bit slow in my opinion. While it’s great that they offer withdrawals every 7 days for Black Pepper account holders, I’d still be cautious about the processing time when withdrawing my funds.
Broker Issues
Withdrawal
Deposit
07-12
United States
Eziol
1-2 years
Are there deposit fees with SpiceProp?
As far as I know, SpiceProp doesn’t charge deposit fees, which is great! But I would still be cautious and check the specific payment method I choose, as fees may vary with certain methods like bank transfers or card payments.
Broker Issues
Fees and Spreads
06-25
United States
schlaepfi
1-2 years
Is SpiceProp regulated?
In my opinion, SpiceProp is not regulated by any reputable financial authority, which makes me cautious. As they are unregulated, I’d be careful when trading on this platform. It’s important to note that trading with an unregulated broker could expose me to additional risks.
Broker Issues
Regulation
06-01
United States
View More
Write a review
Exposure
Neutral
Positive
Content you want to comment
Please enter...
Submit now
Write a comment
TOP 
Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now