Profile

Hola Prime

CEOSomesh Kapuria
Country
flag
HK
Date Created8/1/2024
Years in Operation2
Hola Prime logo
Hola Prime
20%OFF

Hola Prime Prop Firm Details

Firm Overview

Broker:

Hola Prime MarketsHola Prime Markets

Platform:

cTradercTraderMatch TraderMatch TraderMT4MT4MT5MT5TradeLockerTradeLockerDX TradeDX Trade

Payment Methods:

Credit Card Credit CardCryptoCryptoPaypalPaypal

Payout Methods:

CryptoCryptoRiseworksRiseworksBank TransferBank Transfer

Type of Instruments:

forexcryptometalsenergy

Leverage

2-Step Pro

  • Forex: 1:100

  • Exotics: 1:10

  • Indices: 1:20

  • Metals: 1:20

  • Commodities: 1:5

  • Crypto: 1:2

Prime Accounts (1-Step & 2-Step)

  • Forex: 1:50

  • Exotics: 1:5

  • Indices: 1:10

  • Metals: 1:10

  • Commodities: 1:2

  • Crypto: 1:1

Direct Account

  • Forex: 1:50

  • Exotics: 1:5

  • Indices: 1:5

  • Metals: 1:10

  • Commodities: 1:2

  • Crypto: 1:1

Commissions

  • FX & Metals: $3/lot

  • Other Commodities: $1.5/lot

  • Indices & Crypto: $0

Account Sizes

  • 1 Step Prime: 2k to 300k

  • 2 Step Pro: 2k to 200k

  • 2 Step Prime: 2k to 200k

  • Instant Direct: 2k to 100k

  • 2-Step Prime X: 5k to 100k

Max Allocation

the current maximum allocation structure is:

  • Up to four $50K accounts

  • Up to two $100K accounts

  • One $200K account

The current Forex Trading Rules also state a $400K maximum account allocation under the standard account limits.

Country-specific allocation limits may reduce the maximum for certain traders.

Daily & Maximum Loss

  • 1 Step Prime: 3% Daily Loss / 6% Maximum Loss

  • 2 Step Pro: 5% Daily Loss / 10% Maximum Loss

Note: account size 200k daily loss 4% max loss 8%

  • 2 Step Prime: 5% Daily Loss / 10% Maximum Loss

  • Instant Direct: 3% Daily Loss / 7% Maximum Loss

  • 2-Step Prime X: 5% Daily Loss / 10% Maximum Loss

Drawdown

  • 1 Step Prime: Static Balance Based

  • 2 Step Pro: Static Balance Based

  • 2 Step Prime: Static Balance Based

  • Instant Direct: Trailing EOD

  • 2-Step Prime X: Static Balance Based

Risk Management

  • Never risk more than 2% on open trades of one instrument

  • Do NOT use more than 70% of your margin

  • In Direct and Prime accounts, you are free to trade as many lots as you like, however, in 1 Step Pro and 2 Step Pro (Hola Prime accounts only), there are the following maximum exposure limits on open trades:

5k & 10k: None

25k: 10 lots

50k: 20 lots

100k: 40 lots

200k: 80 lots

300k: 120 lots

  • The first breach of using more than the maximum lots results in a warning + account disabled, contact support to re-enable the account

  • The second breach results in account termination, but you will receive 30% of the profit you achieved

Consistency Rules

  • 1 Step Prime: None

  • 2 Step Pro: None

  • 2 Step Prime: None

  • Instant Direct: 20%

  • 2-Step Prime X: Challenge None/ funded 50%

Minimum Trading Days

  • One Step Prime: 2 days

  • Two Steps Pro: 2 days

  • Two Steps Prime: 3 days

  • Instant Direct: None

  • 2-Step Prime X: 5 days

News Trading

Allowed

  • News trading in all challenges

Not Allowed

  • Open/close a position 5 minutes before & after a High Impact News event

Overnight & Weekends Holding

  • Allowed in all challenges

  • Not Allowed for Pro & Prime funded accounts

  • Not Allowed for instant direct accounts

Copy Trading

Allowed

  • Only between Hola Prime accounts

Not Allowed

  • Copying from another prop firm or personal account to Hola Prime accounts, or even the opposite

  • Copying trades from another trader’s account (signals, purchased strategies, social copy platforms)

  • Copy trading from different user to Hola Prime accounts

Experts

Allowed

  • Trade using your own Expert Advisor

Not Allowed

  • Perform any prohibited activities like scalping for few seconds, perform HFT, hedge, & arbitrage

  • Direct Account (Instant) Not Allowed

VPN/VPS

  • Use paid VPN or VPS, specific IP within specific country each time you connect

  • Free VPN involve multiple users and sharing the same IP address, which can pose security risks and loss of your account

  • Sharing your VPS connection with others is prohibited

Profit Share

  • All Challenge: 65% to 95% (Depends what do you select on purchase page)

  • Direct Instant Account: 80% or 90% (Depends what do you select on purchase page)

Payout Policy

Standard Prime / Pro Models

Hola Prime currently offers three payout cycles:

  • Bi-Weekly: 80% Profit Split

  • Monthly: 95% Profit Split

  • On-Demand: 80% Profit Split

Bi-Weekly

  • Minimum 3 profitable trading days within 14 days.

  • Profitable day: at least 0.5% of initial account balance.

Monthly

  • Minimum 7 profitable trading days within 30 days.

  • Profitable day: at least 0.5% of initial account balance.

On-Demand

  • 40% consistency requirement.

  • Minimum total profit: 2% of initial account balance.

  • Profit Split: 80%.

Payout requests are processed within one hour once eligible. The minimum payout is $50, excluding the firm's share.

Challenge Fee Refund

  • 100% Challenge Fee Refund.

  • The refund is paid in four equal installments.

  • 25% is added to each of the first four payouts.

Scale Up Plan

Hola Prime's scaling system uses a four-month qualification cycle.

To qualify for scaling:

  • Generate 10% total net simulated profit over a 4-month cycle.

  • At least 2 months must be profitable.

  • At least 2 payouts must be processed.

  • The account must have a positive balance when scaling occurs.

Scaling percentages:

  • 1st scaling: +25%

  • 2nd scaling: +40%

  • 3rd scaling and beyond: +50%

Hola Prime states that the scaling path can reach up to $4 million in simulated funds.

Inactivity Rules

  • If no trades are opened within 30 days after warnings, the account will be closed

Prohibited Strategies

  • HFT (High Frequency Trading)

  • Arbitrage

  • Hedging

  • Martingale 

  • Account or device sharing

  • Excessive trading

  • One side betting

Restricted Countries

Afghanistan
Afghanistan
Belarus
Belarus
Bosnia And Herzegovina
Bosnia And Herzegovina
Bonaire, Saint Eustatius and Saba
Bonaire, Saint Eustatius and Saba
Burundi
Burundi
Central African Republic
Central African Republic
China
China
Cuba
Cuba
North Korea
North Korea
Congo
Congo
Eritrea
Eritrea
Ethiopia
Ethiopia
Guinea
Guinea
Guinea-Bissau
Guinea-Bissau
Haiti
Haiti
India
India
Iran
Iran
Libya
Libya
Mali
Mali
Moldova, Republic of
Moldova, Republic of
Montenegro
Montenegro
Myanmar
Myanmar
Nicaragua
Nicaragua
North Macedonia
North Macedonia
Oman
Oman
Russia
Russia
Somalia
Somalia
Syria
Syria
Tunisia
Tunisia
Ukraine
Ukraine
Yemen
Yemen
Zimbabwe
Zimbabwe
Iraq
Iraq

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