There is no requirement of minimum trading days. Get immediate access to your Hola Prime Account and start earning from Day 1.

While there are no restrictions on the maximum number of trading days to complete the trading challenge for your account, any account showing an inactivity period of 30 calendar days will be suspended.

A trading day refers to a day when at least one trade is executed (opening or closing a position) to participate in the market. Modifying the stop loss or take profit on a trade or placing a pending order on any day doesn’t count as a trading day.

Enjoy the freedom of no profit targets and gain direct access to the Hola Prime Account.

Max. Daily Loss is the maximum amount of money a trader is allowed to lose in a day. If at any point in time, the account's losses (on both closed or opened trades) exceed this limit, the account will be suspended.

The Maximum Daily Loss limit is set at 3% of the previous day's closing balance.

For instance, if your account's closing balance on the previous day was $100,000, the maximum daily loss limit for the day would be 3% of $100,000. So during the day if you make profit of $5,000, your allowed loss for the day shall be (100,000*3% + $5,000) = $8,000.

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.

Leverage denotes the maximum leverage a trader can use for an account. Leverage allows traders to control a larger position with a smaller amount of capital. For example, a leverage of 30:1 means that for every $1 in the trader's account, they can control $30 in the market.

The rewards split represents the percentage of rewards that a trader can retain.

When purchasing the account, traders get the choice to select the reward share of their choice. The available payout cycle is bi-weekly and the trader is entitled to 80% reward.

The trader has the option to increase the reward up to 90% with add-on.