How are news trading and weekend holding soft breaches in Pro accounts, and how will the breach be executed by the system in these cases?

Hi, how can we help? Search News Trading and its Execution of Breach: News trading is normally allowed in the Challenge Phase. However, in the Hola Prime accounts, 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 […]

Why is the Direct Model more expensive than Pro and Prime challenges?

Hi, how can we help? Search The Direct Model carries some risk for Hola Prime as well, as the traders skip the challenges and get the Hola Prime Account directly. Meant for professional traders, it is highly beneficial for them, and hence priced slightly higher.  

What is the impact of payouts on the Maximum trailing drawdown?

Hi, how can we help? Search When a payout request is made, the trailing drawdown does not reset. This means the trailing drawdown remains locked, irrespective of the amount of profit withdrawn. However, the trader must leave sufficient amount in the Hola Prime Account to avoid breaching the trailing drawdown level. Example :  Starting Balance […]

Is copy trading allowed?

Hi, how can we help? Search It is allowed for traders to engage in copy trading from one Hola Prime account to another Hola Prime account, provided that the accounts are owned by the same individual. However, copy trading between multiple accounts not owned by the same individual, including those of relatives, family members, or […]

Is news trading allowed under Direct Model Hola Prime Accounts?

Hi, how can we help? Search In the Hola Prime Account issued under 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 […]

Can I change my trading platform during the program?

Hi, how can we help? Search If no trade has been placed in your account, you can for once request to change the trading platform. No other change is permissible after making the purchase.

Can I retry if I violate the Direct Model?

Hi, how can we help? Search Yes, you can retry by purchasing another Direct model account.

Does the Hola Prime Account issued under the Direct Model work differently than the Hola Prime Account issued under any of the challenges?

Hi, how can we help? Search The Hola Prime Account is a simulated account which works only in one way, irrespective of how it was issued. The differences are only in the trading rules and objectives, but not in the functionality or trading conditions of the account. You can read more about how Hola Prime […]

How is the Hola Prime Account issued under Direct Model different from the one issued under Pro or Prime Models?

Hi, how can we help? Search The Hola Prime Account issued under the Pro or Prime Models inherits most of the trading rules of Pro or Prime challenges respectively.  However, the Hola Prime Account issued under the Direct Model has separate rules of its own, as mentioned here. There are some additional rules in this […]

Do you charge any fees while processing payouts?

Hi, how can we help? Search We do not charge any fees from our end while processing payouts. However, there might be any charges applicable depending on the payout method from the payment processor. We charge a $25 flat fee if the payout is processed through Rise.