Trading Rules
Challenge Process
Challenge JourneyAfter purchasing a challenge, traders will receive the challenge account login credentials via email, which can also be viewed in the Overview tab of the Client Area.
The Hola Prime 1-Step Prime challenge consists of a single phase that must be completed to become a Hola Prime trader and gain access to a Hola Prime Account. To succeed in this challenge, it's important to have an adaptive trading system and a strong risk management strategy.
Hola Prime Account-
Once you hit your profit target, our Risk Team will promptly conduct a review of your entire challenge phase. Meanwhile, you can upload documents for KYC and sign a contract that will be visible in your dashboard under the “Agreements” tab. After the review, you will receive a Hola Prime Account.
Live Account
At Hola Prime, we offer eligible traders the opportunity to transition to a Live Account. The trading activity within the Hola Prime Account is monitored by our Risk Management Team, who may contact you regarding advancement to a Live Account. This decision is made solely at the discretion of Hola Prime and is based on an evaluation of your trading performance and risk management practices.
Traders who demonstrate discipline, strong risk management, and consistent profitability, including but not limited to getting ten payouts & earning at least $50,000 rewards in their Hola Prime Account, may receive an invitation via email (containing all the relevant details) to access a Live Funded Account and be recognized among our top-performing traders.
Read more about Live Account here.
Note: If any of the rules mentioned in this section are not followed, your existing challenge or Hola Prime Account will be automatically closed. However, you can always purchase a new challenge to obtain a Hola Prime Account.
No Time Limit
Trading requires maintaining focus and staying on course, even when challenges arise. It’s about steady progress, not quick wins, for long-term success. There is no maximum day limit, so traders can take the necessary time to showcase their skills and strategies without feeling pressured by time constraints.
Inactivity
Hola Prime Accounts only- Any Hola Prime Account inactive for a consecutive 30 calendar days will be permanently suspended. A trading day is defined as any day when a trader opens or closes a trade. Modifications to stop-loss, take-profit orders, or pending orders do not count as trading days.
2. Trading Rules
2.1. Maximum Trailing LossChallenge & Hola Prime Account- The Maximum EOD Trailing Drawdown is the amount your account's equity or balance can't go below. It is initially set at 3% of the initial balance. This 3% maximum loss trails the EOD balance everyday until the drawdown reaches breakeven. The trailing stops when the End of the day account balance reaches 3% profits. At this point, the drawdown is locked at initial balance.
Example 1: If you start with a $100,000 account balance, your max trailing drawdown will be at 3% ($3,000). This means that your account should not go below $97,000 in equity at any given time.
Example 2: Starting Balance $100,000
If your account balance reaches $102,000(High Water Mark), your max trailing drawdown will be at $99,000($102,000-3% of Initial Balance: $ 3,000). This means your account should never go below $99,000 in equity or balance at any given time. However, let's say you close a trade with a $1,000 loss and your account balance reaches $101,000, your max trailing drawdown will still be at $99,000(High Water Mark: $ 102,000- 3% of Initial Balance: $3,000). This means your account should never go below $99,000 in equity or balance at any given time.
Example 3: Starting Balance $100,000
If your account balance reaches anything above $103,000, i.e. there is a growth of 3% in the account, your max trailing drawdown will be locked in at $100,000, and will stop trailing thereafter. This means your account should never go below $100,000 in equity or balance at any given time.
2.2 Profit Target
Challenge Only- Achieve a profit target of 6% to gain direct access to a Hola Prime Account without further evaluation. For example, a trader starting with an initial account balance of $100,000 must aim for a profit of $6,000, ensuring compliance with drawdown rules, to access the Hola Prime Account.
2.3 Minimum Trading Days
Challenge Only- You are required to reach a profit target of 6% while following all other rules and trading for a minimum of 2 days.
2.4 Challenge Consistency Rule
The Consistency rule measures a trader’s ability to generate steady profits while managing risk. It is calculated using the following formula: Consistency Score = (Biggest Winning Day / Current Total Account Profit) × 100%
To pass the challenge on the Hola Prime Project X, your best day (i.e., your most profitable day) must not exceed 40% of your overall profit target. If your best day equals or exceeds 40% of the profit target, you’ll need to continue trading until your best day accounts for less than 40% of your total profits. Hola Prime Project X has some effective risk management tools, which make it easier to manage the risk and overall consistency target, better than other platforms.
To pass the challenge on the Rithmic & Quantower, your best day (i.e., your most profitable day) must not exceed 30% of your overall profit target. If your best day equals or exceeds 30% of the profit target, you’ll need to continue trading until your best day accounts for less than 30% of your total profits.
3. News and Swing Trading
3.1 News TradingChallenge and Hola Prime Account- there is no restriction for trading during any news hours, allowing traders to take advantage of market volatility and execute trades without restrictions during high-impact news events. However, such a trading style is not generally recommended due to the increased risks associated with price gaps & potential slippage due to unpredictable price movements.
3.2 Overnight Holding
Challenge & Hola Prime Account- Overnight holding of positions is not permitted; all trades must be closed before 3:30 PM CT Monday through Friday, 30 minutes before the daily CME Break. It remains the trader's responsibility to close the positions by 3:28 PM CT. Otherwise, our Risk Management Team will begin closing positions at 3:28 PM CT.
3.3 Weekend Holding
Challenge & Hola Prime Account- Holding trades over the weekends is not allowed and is considered a hard breach. Trading resumes each day at 5:00 PM CT Monday to Friday and after the weekend on Sunday at 5:00 PM CT, unless a CME holiday is observed.
Ensure all trades are closed before 3:30 PM CT on Friday, or they will be automatically closed by the system, and the account will be terminated. Once closed, these accounts cannot be reopened or reset.
Note 3.2 & 3.3: Some futures contracts(Mostly agricultural) close prior to 3:30 PM CT. For such instruments, positions must be closed before their respective markets close.
Example Trading Hours:
- CBOT
Commodities ( Corn, Wheat & Soybeans, etc.):
- Sunday–Monday: 7:00 PM – 7:45 AM CT
- Monday–Friday: 8:30 AM – 1:20 PM CT
- CME
Agricultural Products (Live Cattle, Lean Hogs):
- Monday–Friday: 8:30 AM – 1:05 PM CT
4. Maximum Position Size
Challenge & Hola Prime Account- The Maximum Position Size refers to the highest total number of contracts you are permitted to hold open at any moment across all instruments. For example, with a Maximum Position Size of 5, you could open a long position of 3 contracts of E-mini S&P (ES) and a short position of 2 contracts of Gold (GC) simultaneously.
The table below shows the Contract Size based on the account size:
Account Size | Maximum Position Size |
$25K | 3/30 Contracts |
$50K | 5/50 Contracts |
$100K | 10/100 Contracts |
$150K | 15/150 Contract |
5. Trading
5.1. Trading Platform You can choose among the best trading platforms- Rithmic-Rtrader Pro, Quantower and Hola Prime Project X.
5.2 Tradable instrument
You can trade Future contracts such as Equity Index, Currency, Energy Futures, Agricultural, and Cryptocurrency Futures on all our trading platforms.
6. Rewards- Hola Prime Account
6.1 RewardsThe trader can request a reward with a 90% profit split every 5 calendar days after the first executed trade on your Master account.
The trader is entitled to a reward after they fulfill all the payout conditions as follows:
- 5 Winning Days of $200
Following a payout, the trader must complete five new winning trading days starting from the date the most recent payout is processed in order to become eligible for the next payout. This requirement applies to every payout request.
- Payout Amount
Minimum Payout Request is $125.
Up to 50% of profits may be requested as reward, with a maximum of $5,000 per account.
After receiving 6 payouts, the trader may request for up to 100% of profits as reward.
Important Note: Once a payout request is processed, the Maximum Loss Limit will automatically reset to the starting account balance, meaning the trader must ensure the account balance does not reach or fall below the starting account balance following the payout.
6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $125 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
7. Maximum Hola Prime Account Allocation
There is no limit on the no. of challenges that can be purchased by a trader. You are allowed to purchase challenges and participate as you like. However, the max. allocation per trader is 10 Hola Prime accounts and 1 Live account per user.8. Prohibited Trading Strategies
1. Challenge Process
JourneyAfter purchasing the account, traders will straightaway receive the Hola Prime Account login credentials via email, which can also be viewed in the Overview tab of the Client Area.
This Direct model has no evaluation phase, which means you can become a Hola Prime trader immediately after signing up. This model is especially meant for professional or experienced traders so they don't have to wait for evaluation phases. Hence, it has few additional risk management rules. But Hola Prime Trader can start earning from day 1. It's important to have a flexible trading system and a strong risk management strategy.
There is no requirement for KYC to purchase or start trading in this account.
However, you need to upload documents for KYC and sign a contract within 48 hours of purchasing the account, since it’s mandatory for withdrawing payouts.
If any of the rules mentioned in this section are not followed, your Hola Prime Account will be permanently suspended. However, you can always purchase another account.
Live Account
At Hola Prime, we offer eligible traders the opportunity to transition to a Live Account. The trading activity within the Hola Prime Account is monitored by our Risk Management Team, who may contact you regarding advancement to a Live Account. This decision is made solely at the discretion of Hola Prime and is based on an evaluation of your trading performance and risk management practices.
Traders who demonstrate discipline, strong risk management, and consistent profitability, including but not limited to getting 10 payouts of at least $50,000 rewards in their Hola Prime Account, may receive an invitation via email (containing all the relevant details) to access a Live Funded Account and be recognized among our top-performing traders.
Read more about Live Account here.
No Time Limit
Trading requires maintaining focus and staying on course, even when challenges arise. It’s about steady progress, not quick wins, for long-term success. There is no minimum or maximum day limit, so traders can take the necessary time to showcase their skills and strategies without feeling pressured by time constraints.
Inactivity
Any trading account that is inactive for 30 consecutive calendar days will be permanently suspended. A trading day is defined as any day when a trader opens or closes a trade. Modifications to stop-loss, take-profit orders, or pending orders do not count as trading days.
The Maximum EOD Trailing Drawdown is the amount your account's equity or balance can't go below. It is initially set at 3% of the initial balance. This 3% maximum loss trails the EOD balance everyday until the drawdown reaches breakeven. The trailing stops when the End of the day account balance reaches 3% profits. At this point, the drawdown is locked at initial balance.
Example 1: If you start with a $100,000 account balance, your max trailing drawdown will be at 3% ($3,000). This means that your account should not go below $97,000 in equity at any given time.
Example 2: Starting Balance $100,000
If your account balance reaches $102,000(High Water Mark), your max trailing drawdown will be at $99,000($102,000-3% of Initial Balance: $ 3,000). This means your account should never go below $99,000 in equity or balance at any given time.
However, let's say you close a trade with a $1,000 loss and your account balance reaches $101,000, your max trailing drawdown will still be at $99,000(High Water Mark: $ 102,000- 3% of Initial Balance: $3,000). This means your account should never go below $99,000 in equity or balance at any given time.
Example 3: Starting Balance $100,000
If your account balance reaches anything above $103,000, i.e., there is a growth of 3% in the account, your max trailing drawdown will be locked in at $100,000, and will stop trailing thereafter. This means your account should never go below $100,000 in equity or balance at any given time.
2.2 Profit Target
There is no Profit Target to achieve.
2.3 Minimum Trading Days
There is no requirement for minimum trading days.
2.4 Consistency Requirement
The Consistency score must not exceed 25%. The consistency score is calculated as follows: Consistency Score = (Biggest Winning Day / Current Total Account Profit) × 100%. In simple words, it means that the biggest winning day cannot exceed 25% of the total profits made in the account, for all trading platforms. If the score exceeds 25%, the trader must continue trading until this Score is reduced to 25% or lower.
For example, the highest profit earned in a day is $7,500, and the total profit earned so far is $25,000, then the Consistency score = (7500/25000)*100% = 30%. In this case, the trader must keep trading and earn a total profit of at least $30,000 (Additional profit of $5,000), so that the consistency score is brought down to 25%.
3. News and Swing Trading Allowed
3.1 News TradingThere is no restriction for trading during any news hours, allowing traders to take advantage of market volatility and execute trades without restrictions during high-impact news events. However, such a trading style is not generally recommended due to the increased risks associated with price gaps & potential slippage due to unpredictable price movements.
3.2 Overnight Holding
Overnight holding of positions is not permitted; all trades must be closed before 3:30 PM CT Monday through Friday, 30 minutes before the daily CME Break. It remains the trader's responsibility to close the positions by 3:28 PM CT. Otherwise, our Risk Management Team will begin closing positions at 3:28 PM CT.
3.3 Weekend Holding
Holding trades over the weekends is not allowed and is considered a hard breach. Trading resumes each day at 5:00 PM CT Monday to Friday and after the weekend on Sunday at 5:00 PM CT, unless a CME holiday is observed.
Ensure all trades are closed before 3:30 PM CT on Friday, or they will be automatically closed by the system, and the account will be terminated. Once closed, these accounts cannot be reopened or reset.
Note 3.2 & 3.3: Some futures contracts(Mostly agricultural) close prior to 3:30 PM CT. For such instruments, positions must be closed before their respective market close.
Example Trading Hours:
- CBOT
Commodities ( Corn, Wheat & Soybeans, etc.):
- Sunday–Monday: 7:00 PM – 7:45 AM CT
- Monday–Friday: 8:30 AM – 1:20 PM CT
- CME
Agricultural Products (Live Cattle, Lean Hogs):
- Monday–Friday: 8:30 AM – 1:05 PM CT
4. Maximum Position Size
The Maximum Position Size refers to the highest total number of contracts you are permitted to hold open at any moment across all instruments. For example, with a Maximum Position Size of 5, you could open a long position of 3 contracts of E-mini S&P (ES) and a short position of 2 contracts of Gold (GC) simultaneously.The table below shows the Contract Size based on the account size:
Account Size | Maximum Position Size |
$25K | 3/30 Contracts |
$50K | 5/50 Contracts |
$100K | 10/100 Contracts |
$150K | 15/150 Contract |
5. Trading
5.1. Trading Platform
You can choose among the best trading platforms- Rithmic-Rtrader Pro, Quantower and Hola
Prime Project X.
5.2 Tradable instrument
You can trade Future contracts such as Equity Index, Currency, Energy Futures, Agricultural,
and Cryptocurrency Futures on all our trading platforms.
6. Rewards- Hola Prime Account
6.1 RewardsThe trader can request a reward with a 90% profit split every 5 calendar days after the first executed trade on your Master account.
The trader is entitled to a reward after they fulfill all the payout conditions as follows:
- Consistency
The consistency score is calculated as follows:
Consistency Score = (Biggest Winning Day / Current Total
Account
Profit) × 100%. In simple words, it means that the biggest winning day cannot exceed 15%
of
the total profits made in the account. If the score exceeds 25%, the trader must
continue
trading until this Score is reduced to 25% or lower.
For example, the highest profit earned in a day is $7,500, and the total profit earned so far is $25,000, then the Consistency score = (7500/25000)*100% = 30%. In this case, the trader must keep trading and earn a total profit of at least $30,000 (Additional profit of $5,000), so that the consistency score is brought down to 25%.
- 5 Winning Days of $200
Following a payout, the trader must complete five new winning trading days starting from the date the most recent payout is processed in order to become eligible for the next payout. This requirement applies to every payout request.
- Payout Amount
Up to 50% of profits may be requested as reward, with a maximum of $5,000 per account.
After receiving 6 payouts, the trader may request for up to 100% of profits as reward.
Important Note: Once a payout request is processed, the Maximum Loss Limit will automatically reset to the starting account balance, meaning the trader must ensure the account balance does not reach or fall below the starting account balance following the payout.
Important Note: The minimum drawdown must reach breakeven, meaning you have to make the same amount as your EOD trailing loss in profit to be eligible for a reward. 6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $125 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
7. Maximum Hola Prime Account Allocation
There is no limit on the no. of challenges that can be purchased by a trader.
You are allowed to purchase challenges and participate as you like. However, the max. Hola Prime Account allocation per trader is 10 Hola Prime accounts and 1 Live account per user.