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 […]

How does trading happen in a simulated environment on Hola Prime accounts?

Hi, how can we help? Search In the Challenge and Hola Prime Accounts, clients are provided with demo accounts with virtual funds, and the orders are executed using simulated real-market conditions. Please note that the orders placed through Hola Prime’s trading platforms, may not always be filled at the exact requested price. Instead, orders are […]

Is news trading allowed?

Hi, how can we help? Search Prime accounts- News trading is freely allowed without any restrictions in both the Challenge and Hola Prime accounts. Pro Accounts (Hola Prime Accounts Only)-  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 […]

What is the Leverage of the trading account?

Hi, how can we help? Search The leverage in your trading account depends on the account type you have. Pro Accounts (challenge and Hola Prime a/cs): Offer leverage of up to 100:1.Prime Accounts (challenge and Hola Prime a/cs): Offer leverage of up to 30:1.Direct Model: Offer leverage of up to 30:1. For leverage specific to […]

Is the martingale strategy allowed?

Hi, how can we help? Search Martingale strategy is strictly prohibited at Hola Prime. This strategy, which involves doubling positions or bets after each loss in an attempt to recover previous losses, is considered highly risky and inconsistent with our firm’s risk management practices. We require all traders to use responsible and sustainable trading strategies […]

What is the Spread on the trading platform?

Hi, how can we help? Search At Hola Prime, we strive to provide traders with highly competitive spreads. Our commitment to transparency extends to providing real-time trade execution data, allowing traders to monitor and verify the accuracy of their trades. By prioritizing transparency, we aim to foster trust and empower our traders to make informed […]

Are there any lot size restrictions?

Hi, how can we help? Search 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 […]

What are prohibited trading strategies?

Hi, how can we help? Search Hola Prime strictly prohibits any kind of exploitation of the platform. Traders should read all Terms and conditions (https://holaprime.com/terms-conditions) carefully before using our platform. The conditions below apply to all accounts and plans, whether in Challenge or Hola Prime accounts. Hyperactivity/Excessive TradingIf there is an excessive level of trading […]

Is it mandatory to use Stop Loss on all of my trades?

Hi, how can we help? Search Using a stop loss or take profit is entirely optional and depends on your strategy. A Stop-Loss order is a valuable risk management tool designed to limit potential losses by automatically closing a trade when the price reaches a predetermined level. Whether or not to use this feature depends […]

Are EAs and Indicators allowed here?

Hi, how can we help? Search It is allowed for traders to employ their own or the same EA or indicator as other traders, but it is essential to customize the settings to differentiate their trades from others. If a trader intends to use a 3rd party trading robot (Expert Advisors – EAs), it must […]