Direct Account
Start trading and earning instantly, without any Challenge Phases or waiting.
No Evaluation
Direct Account is designed for seasoned traders looking to start an account, without any evaluation challenges, profit targets, or minimum trading days. This feature gives you immediate access to the Hola Prime Account, allowing you to start earning rewards right away.
How it Works?
Getting started with the Direct Account is simple and hassle-free.
STEP 1
Start Trading
Direct access to Hola Prime's trading Account.
STEP 2
Take Payout
Complete your KYC & get payouts within 1-Hour of request.
STEP 1
Start Trading
Direct access to Hola Prime's trading Account.
STEP 2
Take Payout
Complete your KYC & get payouts within 1-Hour of request.
Benefits of the Direct Account
Skip Evaluation
There will be no evaluation phase for you to gain access to the Hola Prime Account.
Time saving
Save the time it takes to pass the evaluation process and start earning immediately.
No Targets
Enjoy the freedom of no profit targets or minimum trading days.
Up to 90% Rewards
Keep up to 90% of your hard-earned simulated profits.
Choose What’s Best for You
Select Your Preferred Options
MT5
Dx Trade
cTrader
matchTrader
Account Summary
1-Step Challenge
Account Balance: $100000
Trading Currency: USD
Platform: MT5
Daily Drawdown: 8%
Overall Drawdown: 8%
Profit Target: 8%
Payout Request: Weekly @65%
More Details...
1. 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.
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.
2. Trading Rules and Pattern
2.1. Daily Loss LimitDaily Loss Limit is the maximum amount a trader is allowed to lose in a day. For the Hola Prime Account issued under the Direct Model, this limit is set at 3% of the previous day's closing balance.
The trading rule stipulates that the loss on any day, which is the sum of current floating PnL and total PnL on closed trades, cannot exceed the Maximum Daily Loss Limit. The daily maximum loss is reset every day at 17:00 EST server time.
For Instance: If at the end of day 2, your account’s closing balance is $110,000, then the
Daily loss Limit for Day 3 would be $3,300 ($110,000 * 3%)
This means your equity on Day 3 can't go below $106,700 (110,000-3% of $110,000).
If your equity goes below $106,700 at any moment on day 3, your account will be closed. If during the day, you make a profit of $7,000, then the loss limit during the day shall be allowed up to ($110,000*3% + $7,000), which will be $10,300.
Another Example: You have a $110,000 trading account. During the day, you realize a significant loss of around $2,000. After this, you initiate another trade. At any given moment, if your running trades exceed the floating loss of $1,300, your account will breach the daily loss limit.
Hence, if your trades (including floating losses) exceed a $3,300 loss within any trading day, you're breaching this rule.
2.2 Maximum Trailing Drawdown:
The Maximum Trailing Drawdown is the amount your account's equity or balance can't go below. It is set at 5% of the initial balance. This 5% trails the High Water Mark until the trader reaches 5% profits in the account. Once they have achieved 5% profit in the account, the max trailing locks in at the starting balance and no longer trails the account. Example 1: If you start with a $100,000 account balance your max trailing drawdown will be at 5% ($5,000). This means that your account should not go below $95,000 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 $97,000($102,000-5% of Initial Balance: $ 5,000). This means your account should never go below $97,000 in equity or balance at any given time. However, let's say you close a trade with $1,000 loss and your account balance reaches $101,000, your max trailing drawdown will still be at $97,000(High Water Mark: $ 102,000- 5% of Initial Balance: $ 5,000). This means your account should never go below $97,000 in equity or balance at any given time.
Example 3: Starting Balance= $100,000
If your account balance reaches anything above $105,000, i.e. there is growth of 5% in the account, your max trailing drawdown will be locked in at $100,000. This means your account should never go below $100,000 in equity or balance at any given time.
2.3 Minimum Trading Days
There is no requirement for minimum trading days.
2.4 Biggest Loss Cannot Exceed Biggest Win:
The biggest loss recorded in this account must not exceed the biggest gain achieved in the same account. If this condition is not met, the trader must continue trading until the largest loss no longer surpasses the largest gain.
2.5 Consistency Requirement:
The Consistency score should be up to 15%. 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 15%, the trader must continue trading until this Score is reduced to 15% or lower.
For example, the highest profit earned in a day is $5,000, and total profit earned so far is $25,000, then Consistency score = (5000/25000)*100% = 20%. In this case, the trader must keep trading and earn a total profit of at least $33,333 (Additional profit of $8,333), so that the consistency score is brought down to 15%.
2.6 Minimum Profitable Days
By the end of each 14-day period, the trader must achieve at least 3 profitable trading days. The 14-day cycle begins on the date of the first trade executed in the account. A day is considered profitable only if the daily profit equals or exceeds 0.3% of the account balance. If this condition is not met, the trader must continue trading until they have achieved 3 profitable days. After that, he can request a payout. The 14-day period resets at the conclusion of each bi-weekly cycle or upon the processing of a reward.
3. News and Swing Trading
3.1 News TradingNews trading is not allowed in Hola Prime Account issued under the Direct Model. Traders can hold trades at any time but are not allowed to execute (open or close) any trade on the instruments affected by high-impact news, during the window of 5 minutes before to 5 minutes after the release of such news. Please note that the execution of trades includes market execution as well as pending orders, including Stop Loss and Take Profit orders.
You are allowed to hold trades on the affected instruments opened 5 minutes prior to the news release. If your Stop Loss or Take Profit is activated during this window of 5 minutes before and 5 minutes after, it will be taken as a violation of the Hola Prime Agreement and Breach of this rule will lead to account closure. However, other non-targeted instruments (affected by low and medium-impact news) can be traded normally during news hours.
For more information on this, read here
3.2 Weekend Holding
Holding trades over the weekends is not allowed and is considered a hard breach in the Hola Prime Account issued under this Direct model. Ensure all trades are closed before 15:45 EST on Friday, or they will be automatically closed by the system, and the account will be terminated.
3.3 Overnight Holding Overnight holding of positions is permitted, allowing traders to maintain their trades without interruption, giving them the flexibility to gain on long-term strategies and market trends that unfold beyond standard trading hours.
4. No Lots Restriction
You are free to trade as many lots as you like. You can successfully implement your trading methods thanks to this flexibility. The maximum quantity of lots that can be traded, however, might differ based on the platform you're utilizing. Further, general risk management rules should always be kept in mind, and the trader should trade in the account as if it was their own capital. Read about prohibited Gambling behaviour here.
5. Trading
5.1. Trading Platform You can choose among the best trading platforms- DX Trade, MT5, Match Trader, and CTrader platforms.
5.2 Tradable instrument
You can trade Forex, Cryptos, Indices, and commodities with tight spreads on all our trading platforms.
5.3. Instrument wise Leverage
The leverage that will be applied on the Hola Prime Account will be:
Forex- Majors and Minors: 30:1
Forex- Exotics: 5:1
Commodities: 2:1
Metals: 10:1
Indices: 5:1
Crypto: 1:1
Note: While our current leverages and margin requirements are fixed, we reserve the right to implement tiered or variable margin requirements at our discretion, and such changes may be made without prior notice.
6. Rewards & Refund
6.1 RewardsThe payouts in Hola Prime Account issued under the Direct Model are bi-weekly, with the trader being entitled to 80% of simulated profits.
However, the trader has the option to increase the reward up to 90% with an add-on.
If all rules are followed by the trader, they can request a payout every 14 calendar days following the first executed trade on the account, as long as the below given criteria is met:
- Biggest Loss Cannot Exceed Biggest Win: The biggest loss recorded in this account must not exceed the biggest gain achieved in the same account. If this condition is not met, the trader must continue trading until the largest loss no longer surpasses the largest gain.
- 15% Consistency Requirement: The Consistency score should be up to 15%. 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 15%, the trader must continue trading until this Score is reduced to 15% or lower. For example, the highest profit earned in a day is $5,000, and total profit earned so far is $25,000, then Consistency score = (5000/25000)*100% = 20%. In this case, the trader must keep trading and earn a total profit of at least $33,333 (Additional profit of $8,333), so that the consistency score is brought down to 15%.
- 3 Profitable Days: By the end of each 14-day period, the trader must achieve at least 3 profitable trading days. The 14-day cycle begins on the date of the first trade executed in the account. A day is considered profitable only if the daily profit equals or exceeds 0.3% of the account balance. If this condition is not met, the trader must continue trading until they have achieved 3 profitable days. After that, he can request a payout. The 14-day period resets at the conclusion of each bi-weekly cycle or upon the processing of a reward.
6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $20 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
7. Scaling Plan and Alpha Prime Membership
To qualify for each Scaling in Hola Prime Account, the following conditions must be met:1) Minimum 4-Months Cycle: Your trading cycle begins with your first trade, and you must trade for a minimum of 4 months.
2) 10% Total Net Simulated Profit: Over the 4-month period, you need to achieve at least 10% total net profit. Out of these 4 months, at least 2 months should be profitable.
3) Two Payouts: You must have received a minimum of 2 payouts during the scaling period.
4) Positive Account Balance: Your account must have a positive balance at the time of scaling.
1st Scaling – 25% Increase
Requirements: Meet initial scaling criteria within 4 months of starting.
Achieve consistent performance as per our benchmarks.
Reward: A 25% increase in your initial balance.
Example: Starting Balance: $100,000
After Scaling: $125,000 in 4 months
Boost your trading potential and reach the next milestone with a larger account size!
2nd Scaling – Alpha Prime Membership & Increased Scaling of 40%
Alpha Prime Membership:
Upon achieving 2nd scaling (after 8 months), the trader automatically becomes an Alpha Prime Member with exclusive benefits and enhanced scaling rates.
Requirements: Show consistent trading success and achieve 2nd scaling Reward: A 40% increase in your initial balance (25% base increase + 15% Bonus Scaling for Alpha Prime Membership).
Example:
Starting Balance: $100,000
After Scaling: $165,000 in 8 months
Alpha Prime Members enjoy enhanced growth and privileged status in the trading community.
3rd Scaling & Beyond – 50% Increase Each Time
Requirements: Demonstrate ongoing consistency and commitment as an Alpha Prime Member by meeting the scaling requirements and receiving scaled-up balances every 4 months.
Reward: From the 3rd scaling onwards (after 12 months), get a 50% increase on your initial balance with every successful scaling, continuing until you reach $4 million scaling.
Example:
Starting Balance: $100,000
After Scaling: $215,000 in 12 months
Maximize your trading journey with every milestone, moving closer to trading a substantial trading account with each phase.
| Months | Initial Balance | Scaling % | Scaled Amount | New Scaled Balance | |
| 4 | $100,000 | 25% | $25,000 | $125,000 | |
| 8 | $100,000 | 40% | $65,000 | $165,000 | Alpha Prime Member |
| 12 | $100,000 | 50% | $115,000 | $215,000 | Alpha Prime Member |
| 16 | $100,000 | 50% | $165,000 | $265,000 | Alpha Prime Member |
Check out our scaling calculator
Note: The scaling process is carried out manually by our team. To initiate this process, please contact us through contactus@holaprime.com or visit live chat.
8. Maximum Hola Prime Account Allocation
Hola Prime Accounts issued under the Direct Model are limited to two active accounts at a time. What it means is that you could potentially purchase and own more than two Hola Prime Accounts under this model at a time, but you can trade only in two accounts at a time. If you start trading on two Hola Prime Accounts issued under this model, you cannot trade on more until the existing allocated accounts are breached.
9. Expert Advisor
It is not allowed to employ any kind of Experts Advisors(EAs) on a Hola Prime Account under Direct Model.
10. Prohibited Trading Practices
1. Challenge Process
Challenge Journey
After 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 Pro 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 a flexible trading system and a strong risk management strategy.
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 available
under
the “Agreements” tab. After the review, you will receive the credentials for your Hola Prime
Account.
If any of the rules mentioned in this section are not followed, your challenge account will
be
permanently suspended. However, you can always purchase another 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
Any trading account inactive for 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. Daily Loss Limit
Daily Loss Limit is the maximum amount a trader is allowed to lose in a day. For Challenge
as well as the Hola Prime Accounts, this limit is set at 3% of the previous day's closing
balance.
The trading rule stipulates that the loss on any day, which is the sum of current floating
PnL and total PnL on closed trades, cannot exceed the Maximum Daily Loss Limit. The daily
maximum loss is reset every day at 17:00 EST server time.
For Instance: If at the end of day 2, your account’s closing balance is $110,000, then the
Daily loss Limit for Day 3 would be $3,300 ($110,000 * 3%)
This means your equity on Day 3 can't go below $106,700 (110,000-3% of $110,000).
If your equity goes below $106,700 at any moment on day 3, your account will be closed. If
during the day, you make a profit of $7,000, then the loss limit during the day shall be
allowed up to ($110,000*3% + $7,000), which will be $10,300.
Another Example: You have a $110,000 trading account. During the day, you realise a
significant loss of around $2,000. After this, you initiate another trade. At any given
moment, if your running trades exceed the floating loss of $1,300, your account will breach
the daily loss limit.
Hence, if your trades (including floating losses) exceed a $3,300 loss within any trading
day, you're breaching this rule.
2.2 Overall Loss Limit:
The Maximum Overall Loss Limit is the amount your account's equity or balance can't go
below. The maximum loss is set at a defined 6% of your initial balance. The rule states that
the sum of the currently floating PnL (Profit and Loss) and the realized PnL (Profit and
Loss) on all closed positions must not hit the Maximum overall Loss Limit.
For example, if you start with a $100,000 account and the Maximum Loss Limit is 6%, your
equity or balance can't go below $94,000 at any point of time.
2.3 Profit Target
Achieve a profit target of 10% 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 $10,000, ensuring compliance with drawdown rules, to access the Hola Prime
Account.
2.4 Minimum Trading Days
You are required to reach a profit target of 10% while following all other rules and trading
for a minimum of 2 days.
3. News and Swing Trading
3.1 News Trading
Hola Prime Accounts- News trading is normally allowed in the Challenge Phase. However, in
the Hola Prime Account, traders can hold trades at any time but are not allowed to execute
(open or close) any trade on the instruments affected by high-impact news, during the window
of 5 minutes before to 5 minutes after the release of such news. Please note that the
execution of trade includes market execution as well as pending orders, including Stop Loss
and Take Profit orders.
You are allowed to hold trades on the affected instruments opened 5 minutes prior to the
news release. If your Stop Loss or Take Profit is activated during this window of 5 minutes
before and 5 minutes after, it may be taken as a violation of the Hola Prime Agreement.
Other non-targeted instruments (affected by low and medium-impact news) can be traded
normally.
For more information on this, read here.
3.2 Weekend Holding
Hola Prime Accounts- Holding of trades over the weekends is normally allowed in the
Challenge Phase. However, for Hola Prime Accounts, weekend holding is considered a soft
breach, and any trade remaining open at 15:45 EST on Friday will be automatically closed by
the system. Your account will otherwise remain unaffected, and you can continue trading
after this.
Why are trades closed at 15:45 EST?
Traders might get a worse fill if trades were closed at 17:00 EST when the weekend
rollover
takes place to avoid these trades being closed at 15:45 EST. Additionally, it takes us time
to go over all accounts and close trades in bulk.
Note: Profit from trades that are closed by the system on Friday will be counted
towards the
payouts. Similarly, the trader is responsible for the violation in the event any
loss/deductions result in the breach of the daily loss limit or maximum loss limit in the
respective account.
3.3 Overnight Holding
Overnight holding of positions is permitted in all- Challenge and Hola Prime Accounts
allowing traders to maintain their trades without interruption, giving them the flexibility
to gain on long-term strategies and market trends that unfold beyond standard trading hours.
4. No Lots Restriction
You are free to trade as many lots as you like. You can successfully implement your trading methods thanks to this flexibility. The maximum quantity of lots that can be traded, however, might differ based on the platform you're utilizing. Further, general risk management rules should always be kept in mind, and the trader should trade in the account as if it was their own capital. Read about prohibited Gambling behaviour here.
5. Trading
5.1. Trading Platform
You can choose among the best trading platforms- DX Trade, Match Trader, MT5 and CTrader
platforms.
5.2 Tradable instrument
You can trade Forex, Crypto, Indices, and commodities with tight spreads on all our trading
platforms.
5.3. Instrument wise Leverage
The leverage that will be applied on 1 step pro account will be:
Forex: 100:1
Exotics: 10:1
Commodities: 5:1
Indices: 10:1
Metals: 20:1
Crypto: 2:1
Note: While our current leverages and margin requirements are fixed, we reserve the right to
implement tiered or variable margin requirements at our discretion, and such changes may be
made without prior notice.
6. Rewards & Refund
6.1 Rewards
When purchasing the Challenge, traders get the choice to select a payout cycle of
their choice.
The available payout cycles are weekly, bi-weekly, or monthly. Payouts will be processed
according to the selected cycle.
Payout Cycle and Rewards:
- Weekly payouts entitle the trader to 65% rewards.
- Bi-weekly payouts entitle the trader to 80% rewards.
- Monthly payouts entitle the trader to 95% rewards.
Note: Once the payout cycle is selected, it cannot be changed.
6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $20 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
6.3 100% Challenge Fee Refund
We reimburse 100% of the challenge fees paid while participating in the challenge. The 100% of the fees is refundable automatically with the first payout in the Hola Prime Account.
7. Scaling Plan and Alpha Prime Membership
To qualify for each Scaling in Hola Prime Account, the following conditions must be met:
1. Minimum 4-Month Cycle: Your trading cycle begins with your first trade, and you
must trade for a minimum of 4 months.
2. 10% Total Net Simulated Profit: Over the 4-month period, you need to achieve at
least 10% total net profit. Out of these 4 months, at least 2 months should be profitable.
3. Two Payouts: You must have received a minimum of 2 payouts during the scaling
period.
4. Positive Account Balance: Your account must have a positive balance at the time
of scaling.
1st Scaling – 25% Increase
Requirements: Meet initial scaling criteria within 4 months of starting.
Achieve consistent performance as per our benchmarks.
Reward: A 25% increase in your initial balance.
Example:
Starting Balance: $300,000
After Scaling: $375,000 in 4 months
Boost your trading potential and reach the next milestone with a larger account size!
2nd Scaling – Alpha Prime Membership & Increased Scaling of 40%
Alpha Prime Membership:
Upon achieving 2nd scaling (after 8 months), the trader automatically becomes an Alpha
Prime Member with exclusive benefits and enhanced scaling rates.
Requirements: Show consistent trading success and achieve 2nd scaling
Reward: A 40% increase in your initial balance (25% base increase + 15% Bonus Scaling
for Alpha Prime Membership).
Example:
Starting Balance: $300,000
After Scaling: $495,000 in 8 months
Alpha Prime Members enjoy enhanced growth and privileged status in the trading
community.
3rd Scaling & Beyond – 50% Increase Each Time
Requirements: Demonstrate ongoing consistency and commitment as an Alpha Prime Member by
meeting the scaling requirements and receiving scaled-up balances every 4 months.
Reward: From the 3rd scaling onwards (after 12 months), get a 50% increase on your initial
balance with every successful scaling, continuing until you reach $4 million scaling.
Example:
Starting Balance: $300,000
After Scaling: $645,000 in 12 months
Maximize your trading journey with every milestone, moving closer to trading a substantial
trading account with each phase.
| Months | Initial Balance | Scaling % | Scaled Amount | New Scaled Balance | |
| 4 | $300,000 | 25% | $75,000 | $375,000 | |
| 8 | $300,000 | 40% | $120,000 | $495,000 | Alpha Prime Member |
| 12 | $300,000 | 50% | $150,000 | $645,000 | Alpha Prime Member |
| 16 | $300,000 | 50% | $150,000 | $795,000 | Alpha Prime Member |
Check out our scaling calculator.
Note: The scaling process is carried out manually by our team. To initiate this process, please contact us through contactus@holaprime.com or visit live chat.
8. 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 and participate as you like. However, the max. Hola
Prime
Account allocation per trader is $500K (active Hola Prime Accounts per trader).
Condition 1: A user has a Hola Prime Account A of $300k. Then he passes two
challenges- B of
$300k and C of $200k account sizes. However, he can avail of only one additional Hola Prime
Account C of $200k size along with the existing A account of $300k. This is because the
maximum Hola Prime Account allocation would have reached the $500k limit. The trader will
hence have to wait for the current A account of $300k to be closed before making the other
Hola Prime Account B active.
Condition 2: A user already has two Hola Prime Accounts of $200k (Account A) and
$300k
(Account B). As the user has already reached the maximum allowed allocation of $500k in
active Hola Prime Accounts, he needs to wait for the existing accounts (A and B) to be
closed.
It is not allowed to get multiple accounts through various registrations, that exceed the
overall maximum account allocation. If we discover identically traded strategies in multiple
accounts exceeding $500,000 at a time in the allocated amount, all of those accounts shall
be suspended.
Note: If a trader intends to use a 3rd party trading robot (Expert Advisors – EAs), it must
be kept in mind that there might be other traders already using the same EA and therefore
the same strategy. In case 2 traders' EA settings are similar, the traders might be denied a
Hola Prime Account, or the existing Hola Prime Account shall be terminated if the maximum
account allocation amount is exceeded.
Is a user allowed to merge multiple Hola Prime Accounts?
Merging of accounts is not allowed in the Challenge/Evaluation stage. For Hola Prime
Accounts, you have the option to merge multiple accounts up to an overall limit of $500k.
However, both accounts should have been the same in the challenge phase.
If there are no open trades, and the account is not in the middle of the trading/payout
cycle, the trader can opt to combine/merge the 2 accounts into a single account subject to a
max. Hola Prime Account allocation of $500K. For any allocated Hola Prime Account above
$500k at a time, the trader will have to wait for the existing active accounts to be closed
before making the other new Hola Prime Accounts active.
The Hola Prime Accounts have to be from the same evaluation model to merge. For Instance:
Hola Prime Account issued after passing the 1-Step Pro challenge can only be merged with a
Hola Prime Account issued after passing the same type of challenge: 1-Step Pro Challenge.
Note: The payout due date of the account will be updated based on the date when the merger
of the 2 accounts is processed.
9. Prohibited Trading Practices
1. Challenge Process
Challenge Journey
After 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 2-Step Pro Challenge consists of two phases. To get the Hola Prime Account, a
trader must successfully complete both phases. Having a flexible trading strategy and a
strong risk management plan are essential for passing the challenge.
Once you hit your profit target in Phase 2, 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.
If any of the rules mentioned in this section are not followed, your existing challenge
account will be suspended. However, you can always purchase another 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
Any trading account 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.
2. Trading Rules
2.1. Daily Loss Limit
Daily Loss Limit is the maximum amount a trader is allowed to lose in a day. For Phase 1 and
2 Challenge Accounts, as well as the Hola Prime Accounts, this limit is set at 5% of the
previous day's closing balance.
The trading rule stipulates that the loss on any day, which is the sum of current floating
PnL and total PnL on closed trades, cannot exceed the Maximum Daily Loss Limit. The daily
maximum loss is reset every day at 17:00 EST server time.
For Instance: If at the end of day 2, your account’s closing balance is $110,000, then the
loss limit for Day 3 would be= $5,500($110,000 * 5%)
This means your equity on Day 3 can't go below $104,500(1,10,000- 5% of $110,000).
If your equity goes below $104,500 at any moment on day 3, your account will be closed. If
during the day, you make a profit of $7,000, then the loss limit during the day shall be
allowed up to ($110,000*5% + $7,000), which will be $12,500.
Another Example: You have a $110,000 trading account. During the day, you realize a
significant loss of around $3,000. After this, you initiate another trade. At any given
moment, if your running trades exceed the floating loss of $2,500, your account will breach
the daily loss limit.
Hence, if your trades (including floating losses) exceed a $5,500 loss within any trading
day, you're breaching this rule.
2.2 Maximum Overall Loss Limit:
The Maximum Overall Loss limit is the amount your account’s equity or balance can’t go
below. For Phase 1 and 2 Challenge Accounts as well as the Hola Prime Accounts, this limit
is set at 8% of the Initial Balance. The rule states that the sum of the currently floating
PnL (Profit and Loss) and the realized PnL (Profit and Loss) on all closed positions must
not hit the Maximum overall Loss Limit.
For example, if a trader has a $100,000 account, the Maximum Loss limit means the equity or
balance cannot drop below $92,000 at any time.
2.3 Profit Target
In Phase 1, traders need to earn a profit equal to 8% of the initial account balance.
Phase 2, the profit target decreases to just 5% based on the initial account balance.
For instance, if a trader begins with a $100,000 account size, they should aim for
$8,000
profit in Phase 1 and $5,000 profit in Phase 2.
2.4 Minimum Trading Days
You are required to reach the profit target while following all other rules and trading for
a minimum of 2 days in each challenge phase.
3. News and Swing Trading
3.1 News Trading
Hola Prime Accounts- News trading is normally allowed in the Challenge Phase. However, in
the Hola Prime Account, traders can hold trades at any time but are not allowed to execute
(open or close) any trade on the instruments affected by high-impact news, during the window
of 5 minutes before to 5 minutes after the release of such news. Please note that the
execution of trade includes market execution as well as pending orders, including Stop Loss
and Take Profit orders.
You are allowed to hold trades on the affected instruments opened 5 minutes prior to the
news release. If your Stop Loss or Take Profit is activated during this window of 5 minutes
before and 5 minutes after, it may be taken as a violation of the Hola Prime Agreement.
Other non-targeted instruments (affected by low and medium-impact news) can be traded
normally.
For more information on this, read here.
3.2 Weekend Holding
Hola Prime Accounts- Holding of trades over the weekends is normally allowed in the
Challenge Phase. However, for Hola Prime Accounts, weekend holding is considered a soft
breach, and any trade remaining open at 15:45 EST on Friday will be automatically closed by
the system. Your account will otherwise remain unaffected, and you can continue trading
after this.
Why are trades closed at 15:45 EST?
Traders might get a worse fill if trades were closed at 17:00 EST when the weekend
rollover takes place to avoid these trades being closed at 15:45 EST. Additionally, it takes
us time to go over all accounts and close trades in bulk.
Note: Profit from trades that are closed by the system on Friday will be counted
towards the payouts. Similarly, the trader is responsible for the violation in the event any
loss/deductions result in the breach of the daily loss limit or maximum loss limit in the
respective account.
3.3 Overnight Holding
Overnight holding of positions is permitted in all- Challenge and Hola Prime Accounts
allowing traders to maintain their trades without interruption, giving them the flexibility
to gain on long-term strategies and market trends that unfold beyond standard trading hours.
4. No Lots Restriction
You are free to trade as many lots as you like. You can successfully implement your trading methods thanks to this flexibility. The maximum quantity of lots that can be traded, however, might differ based on the platform you're utilizing. Further, general risk management rules should always be kept in mind, and the trader should trade in the account as if it was their own capital. Read about prohibited Gambling behaviour here.
5. Trading
5.1. Trading Platform
You can choose among the best trading platforms- DX Trade, Match Trader, MT5, and CTrader
platforms.
5.2 Tradable instrument
You can trade Forex pairs, Cryptocurrencies, Indices, and commodities with tight spreads on
all our trading platforms.
5.3. Instrument wise Leverage
The leverage that will be applied to the 2 Step Pro account will be:
Forex: 100:1
Exotics: 10:1
Commodities: 5:1
Indices: 10:1
Metals: 20:1
Crypto: 2:1
Note: While our current leverages and margin requirements are fixed, we reserve the right to
implement tiered or variable margin requirements at our discretion, and such changes may be
made without prior notice.
6. Rewards & Refund
6.1 Rewards
When purchasing the Challenge, traders get the choice to select a payout cycle of
their choice.
The available payout cycles are weekly, bi-weekly, or monthly. Payouts will be processed
according to the selected cycle.
Payout Cycle and Rewards:
- Weekly payouts entitle the trader to 65% rewards.
- Bi-weekly payouts entitle the trader to 80% rewards.
- Monthly payouts entitle the trader to 95% rewards.
Note: Once the payout cycle is selected, it cannot be changed.
6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $20 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
6.3 100% Challenge Fee Refund
We reimburse 100% of the challenge fees paid while participating in the challenge. The 100% of the fees is refundable automatically with the first payout in the Hola Prime Account.
7. Scaling Plan and Alpha Prime Membership
To qualify for each Scaling in Hola Prime Account, the following conditions must be met:
1. Minimum 4-Month Cycle: Your trading cycle begins with your first trade, and you
must trade for a minimum of 4 months.
2. 10% Total Net Simulated Profit: Over the 4-month period, you need to achieve at
least 10% total net profit. Out of these 4 months, at least 2 months should be profitable.
3. Two Payouts: You must have received a minimum of 2 payouts during the scaling
period.
4. Positive Account Balance: Your account must have a positive balance at the time
of scaling.
1st Scaling – 25% Increase
Requirements: Meet initial scaling criteria within 4 months of starting.
Achieve consistent performance as per our benchmarks.
Reward: A 25% increase in your initial balance.
Example:
Starting Balance: $300,000
After Scaling: $375,000 in 4 months
Boost your trading potential and reach the next milestone with a larger account size!
2nd Scaling – Alpha Prime Membership & Increased Scaling of 40%
Alpha Prime Membership:
Upon achieving 2nd scaling (after 8 months), the trader automatically becomes an Alpha
Prime Member with exclusive benefits and enhanced scaling rates.
Requirements: Show consistent trading success and achieve 2nd scaling.
Reward: A 40% increase in your initial balance (25% base increase + 15% Bonus Scaling
for Alpha Prime Membership).
Example:
Starting Balance: $300,000
After Scaling: $495,000 in 8 months
Alpha Prime Members enjoy enhanced growth and privileged status in the trading
community.
3rd Scaling & Beyond – 50% Increase Each Time
Requirements: Demonstrate ongoing consistency and commitment as an Alpha Prime Member by
meeting the scaling requirements and receiving scaled-up balances every 4 months.
Reward: From the 3rd scaling onwards (after 12 months), get a 50% increase on your initial
balance with every successful scaling, continuing until you reach $4 million scaling.
Example:
Starting Balance: $300,000
After Scaling: $645,000 in 12 months
Maximize your trading journey with every milestone, moving closer to trading a substantial
trading account with each phase.
| Months | Initial Balance | Scaling % | Scaled Amount | New Scaled Balance | |
| 4 | $300,000 | 25% | $75,000 | $375,000 | |
| 8 | $300,000 | 40% | $120,000 | $495,000 | Alpha Prime Member |
| 12 | $300,000 | 50% | $150,000 | $645,000 | Alpha Prime Member |
| 16 | $300,000 | 50% | $150,000 | $795,000 | Alpha Prime Member |
Check out our scaling calculator.
Note: The scaling process is carried out manually by our team. To initiate this process, please contact us through contactus@holaprime.com or visit live chat.
8. 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 and participate as you like. However, the max. Hola
Prime Account allocation per trader is $500K (active Hola Prime plans per trader).
Condition 1: A user has a Hola Prime Account A of $300k. Then he passes two
challenges- B of $300k and C of $200k account sizes. However, he can avail of only one
additional Hola Prime Account C of $200k size along with the existing A account of $300k.
This is because the maximum Hola Prime Account allocation would have reached the $500k
limit. The trader will hence have to wait for the current “A” account of $300k to be closed
before making the other Hola Prime Account “B” active.
Condition 2: A user already has two Hola Prime Accounts of $200k (Account A) and
$300k (Account B). As the user has already reached the maximum allowed allocation of $500k
in active Hola Prime Accounts, he needs to wait for the existing accounts (A and B) to be
closed.
It is not allowed to get multiple accounts through various registrations, that exceed the
overall maximum account allocation. If we discover identically traded strategies in multiple
accounts exceeding $500,000 at a time in the allocated amount, all of those accounts shall
be suspended.
Note: If a trader intends to use a 3rd party trading robot (Expert Advisors – EAs), it must
be kept in mind that there might be other traders already using the same EA and therefore
the same strategy. In case 2 traders' EA settings are similar, the traders might be denied a
Hola Prime Account, or the existing Hola Prime Account shall be terminated if the maximum
account allocation amount is exceeded.
Is a user allowed to merge multiple Hola Prime Accounts?
Merging of accounts is not allowed in the Challenge/Evaluation stage. For Hola Prime
Accounts, you have the option to merge multiple accounts up to an overall limit of $500k.
However, both accounts should have been the same in the challenge phase.
If there are no open trades, and the account is not in the middle of the trading/payout
cycle, the trader can opt to combine/merge the 2 accounts into a single account subject to a
max. Hola Prime Account allocation of $500K. For any allocated Hola Prime Account above
$500k at a time, the trader will have to wait for the existing active accounts to be closed
before making the other new Hola Prime Accounts active.
The Hola Prime Accounts have to be from the same evaluation model to merge. For Instance:
A Hola Prime Account issued after passing the 2-Step Pro challenge can only be merged with a
Hola Prime Account issued after passing the same type of challenge: 2-Step Pro Challenge.
Note: The payout due date of the account will be updated based on the date when the merger
of the 2 accounts is processed.
9. Prohibited Trading Practices
1. Challenge Process
Challenge Journey
After 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 a flexible trading system and a strong risk management
strategy.
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.
If any of the rules mentioned in this section are not followed, your existing challenge
account will be suspended, and you will need to purchase another 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
Any trading account 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.
2. Trading Rules
2.1. Daily Loss Limit
Daily Loss Limit is the maximum amount a trader is allowed to lose in a day. For Challenge
as well as the Hola Prime Accounts, this limit is set at 3% of the previous day's closing
balance.
The trading rule stipulates that the loss on any day, which is the sum of current floating
PnL and total PnL on closed trades, cannot exceed the Maximum Daily Loss Limit. The daily
maximum loss is reset every day at 17:00 EST server time.
For Instance: If at the end of day 2, your account’s closing balance is $110,000, then the
Daily loss Limit for Day 3 would be $3,300 ($110,000 * 3%)
This means your equity on Day 3 can't go below $106,700 (110,000-3% of $110,000).
If your equity goes below $106,700 at any moment on day 3, your account will be closed. If
during the day, you make a profit of $7,000, then the loss limit during the day shall be
allowed up to ($110,000*3% + $7,000), which will be $10,300.
Another Example: You have a $110,000 trading account. During the day, you realise a
significant loss of around $2,000. After this, you initiate another trade. At any given
moment, if your running trades exceed the floating loss of $1,300, your account will breach
the daily loss limit.
Hence, if your trades (including floating losses) exceed a $3,300 loss within any trading
day, you're breaching this rule.
2.2 Overall Loss Limit:
The Maximum Overall Loss Limit is the amount your account's equity or balance can't go
below. The maximum loss is set at a defined 6% of your initial balance. The rule states that
the sum of the currently floating PnL (Profit and Loss) and the realized PnL (Profit and
Loss) on all closed positions must not hit the Maximum overall Loss Limit.
For example, if you start with a $100,000 account and the Maximum Loss Limit is 6%, your
equity or balance can't go below $94,000 at any point in time.
2.3 Profit Target
Achieve a profit target of 10% 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 $10,000, ensuring compliance with drawdown rules, to access the Hola Prime
Account.
2.4 Minimum Trading Days
You are required to reach a profit target of 10% while following all other rules and trading
for a minimum of 2 days.
3. News and Swing Trading
3.1 News Trading
In Prime Challenge and Hola Prime Accounts, 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.
3.2 Weekend Holding
In Challenge and Hola Prime Accounts, traders can trade 24x7, ensuring they remain
in their positions without the need to close positions before the weekend.
3.3 Overnight Holding
Overnight holding of positions is permitted in all accounts- Hola Prime and Challenge,
allowing traders to maintain their trades without interruption, giving them the flexibility
to gain on long-term strategies and market trends that unfold beyond standard trading hours.
4. No Lots Restriction
You are free to trade as many lots as you like. You can successfully implement your trading methods thanks to this flexibility. The maximum quantity of lots that can be traded, however, might differ based on the platform you're utilizing. Further, general risk management rules should always be kept in mind, and the trader should trade in the account as if it was their own capital. Read about prohibited Gambling behaviour here.
5. Trading
5.1. Trading Platform
You can choose among the best trading platforms- DX Trade, Match Trader,, MT5 and CTrader
platforms.
5.2 Tradable instrument
You can trade Forex, Crypto, Indices, and commodities with tight spreads on all our trading
platforms.
5.3. Instrument wise Leverage
The leverage that will be applied on 1 step Prime account will be:
Forex: 30:1
Exotics: 5:1
Commodities: 2:1
Indices: 5:1
Metals: 10:1
Crypto: 1:1
Note: While our current leverages and margin requirements are fixed, we reserve the right to
implement tiered or variable margin requirements at our discretion, and such changes may be
made without prior notice.
6. Rewards & Refund
6.1 Rewards
When purchasing the Challenge, traders get the choice to select a payout cycle of
their choice.
The available payout cycles are weekly, bi-weekly, or monthly. Payouts will be processed
according to the selected cycle.
Payout Cycle and Rewards:
- Weekly payouts entitle the trader to 65% rewards.
- Bi-weekly payouts entitle the trader to 80% rewards.
- Monthly payouts entitle the trader to 95% rewards.
Note: Once the payout cycle is selected, it cannot be changed.
6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $20 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
6.3 100% Challenge Fee Refund
We reimburse 100% of the challenge fees paid while participating in the challenge. The 100% of the fees is refundable automatically with the first payout in the Hola Prime Account.
7. Scaling Plan and Alpha Prime Membership
To qualify for each Scaling in Hola Prime Account, the following conditions must be met:
1. Minimum 4-Month Cycle: Your trading cycle begins with your first trade, and you
must trade for a minimum of 4 months.
2. 10% Total Net Simulated Profit: Over the 4-month period, you need to achieve at
least 10% total net profit. Out of these 4 months, at least 2 months should be profitable.
3. Two Payouts: You must have received a minimum of 2 payouts during the scaling
period.
4. Positive Account Balance: Your account must have a positive balance at the time
of scaling.
1st Scaling – 25% Increase
Requirements: Meet initial scaling criteria within 4 months of starting.
Achieve consistent performance as per our benchmarks.
Reward: A 25% increase in your initial balance.
Example:
Starting Balance: $300,000
After Scaling: $375,000 in 4 months
Boost your trading potential and reach the next milestone with a larger account size!
2nd Scaling – Alpha Prime Membership & Increased Scaling of 40%
Alpha Prime Membership:
Upon achieving 2nd scaling (after 8 months), the trader automatically becomes an Alpha
Prime Member with exclusive benefits and enhanced scaling rates.
Requirements: Show consistent trading success and achieve 2nd scaling.
Reward: A 40% increase in your initial balance (25% base increase + 15% Bonus Scaling
for Alpha Prime Membership).
Example:
Starting Balance: $300,000
After Scaling: $495,000 in 8 months
Alpha Prime Members enjoy enhanced growth and privileged status in the trading
community.
3rd Scaling & Beyond – 50% Increase Each Time
Requirements: Demonstrate ongoing consistency and commitment as an Alpha Prime Member by
meeting the scaling requirements and receiving scaled-up balances every 4 months.
Reward: From the 3rd scaling onwards (after 12 months), get a 50% increase on your initial
balance with every successful scaling, continuing until you reach $4 million scaling.
Example:
Starting Balance: $300,000
After Scaling: $645,000 in 12 months
Maximize your trading journey with every milestone, moving closer to trading a substantial
trading account with each phase.
| Months | Initial Balance | Scaling % | Scaled Amount | New Scaled Balance | |
| 4 | $300,000 | 25% | $75,000 | $375,000 | |
| 8 | $300,000 | 40% | $120,000 | $495,000 | Alpha Prime Member |
| 12 | $300,000 | 50% | $150,000 | $645,000 | Alpha Prime Member |
| 16 | $300,000 | 50% | $150,000 | $795,000 | Alpha Prime Member |
Check out our scaling calculator.
Note: The scaling process is carried out manually by our team. To initiate this process, please contact us through contactus@holaprime.com or visit live chat.
8. 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 and participate as you like. However, the max. Hola
Prime Account allocation per trader is $500K (active Hola Prime Accounts per trader).
Condition 1: A user has a Hola Prime Account A of $300k. Then he passes two
challenges- B of $300k and C of $200k account sizes. However, he can avail of only one
additional Hola Prime Account C of $200k size along with the existing A account of $300k.
This is because the maximum Hola Prime Account allocation would have reached the $500k
limit. The trader will hence have to wait for the current “A” account of $300k to be closed
before making the other Hola Prime Account “B’ active.
Condition 2: A user already has two Hola Prime Accounts of $200k (Account A) and
$300k (Account B). As the user has already reached the maximum allowed allocation of $500k
in active Hola Prime Accounts, he needs to wait for the existing accounts (A and B) to be
closed.
It is not allowed to get multiple accounts through various registrations, that exceed the
overall maximum account allocation. If we discover identically traded strategies in multiple
accounts exceeding $500,000 at a time in the allocated amount, all of those accounts shall
be suspended.
Note: If a trader intends to use a 3rd party trading robot (Expert Advisors – EAs), it must
be kept in mind that there might be other traders already using the same EA and therefore
the same strategy. In case 2 traders' EA settings are similar, the traders might be denied a
Hola Prime Account, or the existing Hola Prime Account shall be terminated if the maximum
account allocation amount is exceeded.
Is a user allowed to merge multiple Hola Prime Accounts?
Merging of accounts is not allowed in the Challenge/Evaluation stage. For Hola Prime
Accounts, you have the option to merge multiple accounts up to an overall limit of $500k.
However, both accounts should have been the same in the challenge phase.
If there are no open trades, and the account is not in the middle of the trading/payout
cycle, the trader can opt to combine/merge the 2 accounts into a single account subject to a
max. Hola Prime Account allocation of $500K. For any allocated Hola Prime Account above
$500k at a time, the trader will have to wait for the existing active accounts to be closed
before making the other new Hola Prime Accounts active.
The Hola Prime Accounts have to be from the same evaluation model to merge. For Instance:
Hola Prime Account issued after passing the 1-Step Prime challenge can only be merged with a
Hola Prime Account issued after passing the same type of challenge: 1-Step Prime Challenge.
Note: The payout due date of the account will be updated based on the date when the merger
of the 2 accounts is processed.
9. Prohibited Trading Practices
1. Challenge Process
Challenge Journey
After 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, 2-Step Prime challenge consists of two phases. To get the Hola Prime
Account, a trader must successfully complete both phases. Having a flexible trading strategy
and a strong risk management plan are essential for passing the challenge.
Once you hit your profit target in Phase 2, 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, which
will be completed within just 2-3 hours, you will receive a Hola Prime Account.
If any of the rules mentioned in this section are not followed, your existing challenge
account will be suspended, and you will need to purchase another 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
Any trading account 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.
2. Trading Rules
2.1. Daily Loss Limit
Daily Loss Limit is the maximum amount a trader is allowed to lose in a day. For Phase 1 and
2 Challenge Accounts, as well as the Hola Prime Accounts, this limit is set at 5% of the
previous day's closing balance.
The trading rule stipulates that the loss on any day, which is the sum of current floating
PnL and total PnL on closed trades, cannot exceed the Maximum Daily Loss Limit. The daily
maximum loss is reset every day at 17:00 EST server time.
For Instance: If at the end of day 2, your account’s closing balance is $110,000, then the
loss limit for Day 3 would be= $5,500($110,000 * 5%).
This means your equity on Day 3 can't go below $104,500(110,000-5% of $110,000).
If your equity goes below $104,500 at any moment on day 3, your account will be closed. If
during the day, you make a profit of $7,000, then the loss limit during the day shall be
allowed up to ($110,000*5% + $7,000), which will be $12,500.
Another Example: You have a $110,000 trading account. During the day, you realize a
significant loss of around $3,000. After this, you initiate another trade. At any given
moment, if your running trades exceed the floating loss of $2,500, your account will breach
the daily loss limit.
Hence, if your trades (including floating losses) exceed a $5,500 loss within any trading
day, you're breaching this rule.
2.2 Maximum Overall Loss Limit:
The Maximum Overall Loss Limit is the amount your account's equity or balance can't go
below. For Phase 1 and 2 Challenge as well as the Hola Prime Accounts, this limit is set at
8% of the Initial Balance. The rule states that the sum of the currently floating PnL
(Profit and Loss) and the realized PnL (Profit and Loss) on all closed positions must not
hit the Maximum overall Loss Limit.
For example, if a trader has a $100,000 account, the Maximum overall Loss limit means the
equity or balance cannot drop below $92,000 at any time in any phase.
2.3 Profit Target
In Phase 1, traders need to earn a profit equal to 8% of the initial account balance. Moving
to Phase 2, the profit target decreases to just 5% based on the initial account balance.
For instance, if a trader begins with $100,000, they should aim for $8000 profit in
Phase 1
and $5,000 profit in Phase 2.
For example, a trader starting with an initial account balance of $100,000 must aim for
a profit of $10,000, ensuring compliance with drawdown rules, to access the Hola Prime
Account.
2.4 Minimum Trading Days
You are required to reach the profit target while following all other rules and trading for
a minimum of 3 days in each challenge phase.
3. News and Swing Trading
3.1 News Trading
In Prime Challenge and Hola Prime Accounts, 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.
3.2 Weekend Holding
In Challenge and Hola Prime Accounts, traders can trade 24x7, ensuring they remain
in their positions without the need to close positions before the weekend.
3.3 Overnight Holding
Overnight holding of positions is permitted in all accounts- Hola Prime and Challenge,
allowing traders to maintain their trades without interruption, giving them the flexibility
to gain on long-term strategies and market trends that unfold beyond standard trading hours.
4. No Lots Restriction
You are free to trade as many lots as you like. You can successfully implement your trading methods thanks to this flexibility. The maximum quantity of lots that can be traded, however, might differ based on the platform you're utilizing. Further, general risk management rules should always be kept in mind, and the trader should trade in the account as if it was their own capital. Read about prohibited Gambling behaviourhere.
5. Trading
5.1. Trading Platform
You can choose among the best trading platforms- DX Trade, Match Trader, MT5 and CTrader
platforms.
5.2 Tradable instrument
You can trade Forex, Crypto, Indices, and commodities with tight spreads on all our trading
platforms.
5.3. Instrument wise Leverage
The leverage that will be applied to the 2 Step Prime account will be:
Forex: 30:1
Exotics: 5:1
Commodities: 2:1
Indices: 5:1
Metals: 10:1
Crypto: 1:1
Note: While our current leverages and margin requirements are fixed, we reserve the right to
implement tiered or variable margin requirements at our discretion, and such changes may be
made without prior notice.
6. Rewards & Refund
6.1 Rewards
When purchasing the Challenge, traders get the choice to select a payout cycle of
their choice.
The available payout cycles are weekly, bi-weekly, or monthly. Payouts will be processed
according to the selected cycle.
Payout Cycle and Rewards:
- Weekly payouts entitle the trader to 65% rewards.
- Bi-weekly payouts entitle the trader to 80% rewards.
- Monthly payouts entitle the trader to 95% rewards.
Note: Once the payout cycle is selected, it cannot be changed.
6.2 Payout Method
The following are the payout methods available:-
Bank Wire, Cryptocurrencies, & Paypal- The minimum amount is $20 (no fees from our end)
Rise- Minimum amount is $500. There is a flat fee of $25.
6.3 100% Challenge Fee Refund
We reimburse 100% of the challenge fees paid while participating in the challenge. The 100% of the fees is refundable automatically with the first payout in the Hola Prime Account.
7. Scaling Plan and Alpha Prime Membership
To qualify for each Scaling in Hola Prime Account, the following conditions must be met:
1. Minimum 4-Month Cycle: Your trading cycle begins with your first trade, and you
must trade for a minimum of 4 months.
2. 10% Total Net Simulated Profit: Over the 4-month period, you need to achieve at
least 10% total net profit. Out of these 4 months, at least 2 months should be profitable.
3. Two Payouts: You must have received a minimum of 2 payouts during the scaling
period.
4. Positive Account Balance: Your account must have a positive balance at the time
of scaling.
1st Scaling – 25% Increase
Requirements: Meet initial scaling criteria within 4 months of starting.
Achieve consistent performance as per our benchmarks.
Reward: A 25% increase in your initial balance.
Example:
Starting Balance: $300,000
After Scaling: $375,000 in 4 months
Boost your trading potential and reach the next milestone with a larger account size!
2nd Scaling – Alpha Prime Membership & Increased Scaling of 40%
Alpha Prime Membership:
Upon achieving 2nd scaling (after 8 months), the trader automatically becomes an Alpha
Prime Member with exclusive benefits and enhanced scaling rates.
Requirements: Show consistent trading success and achieve 2nd scaling.
Reward: A 40% increase in your initial balance (25% base increase + 15% Bonus Scaling
for Alpha Prime Membership).
Example:
Starting Balance: $300,000
After Scaling: $495,000 in 8 months
Alpha Prime Members enjoy enhanced growth and privileged status in the trading
community.
3rd Scaling & Beyond – 50% Increase Each Time
Requirements: Demonstrate ongoing consistency and commitment as an Alpha Prime Member by
meeting the scaling requirements and receiving scaled-up balances every 4 months.
Reward: From the 3rd scaling onwards (after 12 months), get a 50% increase on your initial
balance with every successful scaling, continuing until you reach $4 million scaling.
Example:
Starting Balance: $300,000
After Scaling: $645,000 in 12 months
Maximize your trading journey with every milestone, moving closer to trading a substantial
trading account with each phase.
| Months | Initial Balance | Scaling % | Scaled Amount | New Scaled Balance | |
| 4 | $300,000 | 25% | $75,000 | $375,000 | |
| 8 | $300,000 | 40% | $120,000 | $495,000 | Alpha Prime Member |
| 12 | $300,000 | 50% | $150,000 | $645,000 | Alpha Prime Member |
| 16 | $300,000 | 50% | $150,000 | $795,000 | Alpha Prime Member |
Check out our scaling calculator.
Note: The scaling process is carried out manually by our team. To initiate this process, please contact us through contactus@holaprime.com or visit live chat.
8. 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 and participate as you like. However, the max. Hola
Prime Account allocation per trader is $500K (active Hola Prime Accounts per trader).
Condition 1: A user has a Hola Prime Account A of $300k. Then he passes two
challenges- B of $300k and C of $200k account sizes. However, he can avail of only one
additional Hola Prime Account C of $200k size along with the existing A account of $300k.
This is because the maximum Hola Prime Account allocation would have reached the $500k
limit. The trader will hence have to wait for the current “A” account of $300k to be closed
before making the other Hola Prime Account “B’ active.
Condition 2: A user already has two Hola Prime Accounts of $200k (Account A) and
$300k (Account B). As the user has already reached the maximum allowed allocation of $500k
in active Hola Prime Accounts, he needs to wait for the existing accounts (A and B) to be
closed.
It is not allowed to get multiple accounts through various registrations, that exceed the
overall maximum account allocation. If we discover identically traded strategies in multiple
accounts exceeding $500,000 at a time in the allocated amount, all of those accounts shall
be suspended.
Note: If a trader intends to use a 3rd party trading robot (Expert Advisors – EAs), it must
be kept in mind that there might be other traders already using the same EA and therefore
the same strategy. In case 2 traders' EA settings are similar, the traders might be denied a
Hola Prime Account, or the existing Hola Prime Account shall be terminated if the maximum
account allocation amount is exceeded.
Is a user allowed to merge multiple Hola Prime Accounts?
Merging of accounts is not allowed in the Challenge/Evaluation stage. For Hola Prime
Accounts, you have the option to merge multiple accounts up to an overall limit of $500k.
However, both accounts should have been the same in the challenge phase.
If there are no open trades, and the account is not in the middle of the trading/payout
cycle, the trader can opt to combine/merge the 2 accounts into a single account subject to a
max. Hola Prime Account allocation of $500K. For any allocated Hola Prime Account above
$500k at a time, the trader will have to wait for the existing active accounts to be closed
before making the other new Hola Prime Accounts active.
The Hola Prime Accounts have to be from the same evaluation model to merge. For Instance:
Hola Prime Account issued after passing the 2-Step Prime challenge can only be merged with a
Hola Prime Account issued after passing the same type of challenge: 2-Step Prime Challenge.
Note: The payout due date of the account will be updated based on the date when the merger
of the 2 accounts is processed.
9. Prohibited Trading Practices
$875
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Account Size
Split
90:10
Time Period
4
Months
Scaling starts after 4 months 8
Months 1
Year 2
Years
Profit Target
10%
Minimum Profit Target 20%
Account Size
Split
90:10
Time Period
4
Months
Scaling starts after 4 months 8
Months 1
Year 2
Years
Profit Target
10%
Minimum Profit Target 20%
Start Trading Instantly!
Join Hola Prime Today!
It takes less than 3 minutes to sign up and it is free of any charge.