Direct Account Expert Advisor
9. Expert Advisor It is not allowed to employ any kind of Experts Advisors(EAs) on a Hola Prime Account under Direct Model.
Direct Account Prohibited Trading Practices
10. Prohibited Trading Practices HolaPrime strictly prohibits any kind of exploitation of the platform. Traders should read all Terms and conditions carefully before using our platform. The conditions below apply to all accounts, whether in the challenge or Hola Prime phases. Hyperactivity/Excessive Trading If there is an excessive level of trading by the trader, whether […]
Direct Account Maximum Hola Prime Account Allocation
8. Maximum Hola Prime Account Allocation Hola Prime Accounts issued under Direct Model are limited to one active account at a time. What it means is that you could potentially purchase and own more than one Hola Prime Account at a time, but you can trade only in one Account at a time. If you […]
Direct Account Scaling Plan and Alpha Prime Membership
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 […]
Direct Account Rewards & Refund
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 […]
Direct Account Trading
5. Trading 5.1. Trading PlatformYou 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 […]
Direct Account No Lots Restriction
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, […]
Direct Account News and Swing Trading
3. News and Swing Trading 3.1 News Trading News 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 […]
Direct Account Trading Rules and Pattern
2) Trading Rules and Pattern 2.1. Daily Loss Limit Daily 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 […]
Direct Account Process
1) Process Journey After 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 […]