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 This means the trailing drawdown remains locked, irrespective of the amount of profit withdrawn.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 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 […]
What is your Direct model?
Hi, how can we help? Search Under the Direct model, the traders get direct access to Hola Prime Account without having the need to go through any evaluation. It is designed for experienced traders looking to start an account without any evaluation challenges, profit targets, or minimum trading days. This feature gives you immediate access […]
What are the restrictions or prohibitions on trading?
Hi, how can we help? Search Prohibited trading practices are the same as in Hola Prime Challenges, with the exception that in Instant Account, EAs are not allowed to be used. Check out all the prohibited trading practices here.