Hola Prime Direct Account

Question

Accepted Answer

Direct Account
The Hola Prime Direct model has no evaluation phase, which means you can become a Hola Prime trader immediately after signing up. After purchasing the account, traders will straightaway receive their login credentials via email, which can also be viewed through the &lsquo;Account Overview&rsquo; tab on the dashboard by clicking the &lsquo;Key&rsquo; icon.
Next Steps After Starting the Journey
Once you begin trading, the transition to securing your payouts involves a standard verification process:
- 
KYC & Agreements: You must upload your documents for KYC and sign your contract under the &ldquo;Agreements&rdquo; tab immediately after purchasing the account in order to get the account enabled for trading.
- 
Account Standing: If any rules are breached, the account will be permanently suspended; however, traders may purchase a new account at any time.
The Direct Model:
These accounts are designed to test your ability to achieve goals while showing disciplined risk management from day one. This model is best suited for professional traders who do not want to wait for evaluation phases. To succeed, it is important to have a flexible trading system and a strong risk management strategy.
The Hola Prime (Sim. Funded) Account
Get access to the account as soon as you purchase it, complete the KYC process and Agreement signing immediately to get the Hola Prime (Sim. Funded) Account enabled for trading, start trading from day 1, and begin earning through biweekly payouts. 
Trading Rules - Account Violations (Hard Breach)
A hard breach is a critical violation of core risk management rules that leads to the immediate and permanent termination of the trading account.
Daily Loss Limit
The Daily Loss Limit is the maximum amount you can lose in a single day. For the Direct Account, this is set at 3% of the previous day&rsquo;s closing balance. Violating this rule is a hard breach and will lead to the permanent closure of your account.
The Formula: Daily Loss Limit = Previous Day's Closing Balance - (Previous Day's Closing Balance &times; 3%)
Calculation: The loss for the day is the sum of your current floating PnL plus the total PnL of closed trades for that day.
The Formula
Daily Loss Limit = (Previous Day&rsquo;s Closing Balance &times; 3%)
Example 1: Setting the Daily Limit
Starting Balance = $110,000
- 
Scenario: At the end of Day 2, your closing balance is $110,000.
- 
Calculation: 3% of $110,000 is $3,300.
- 
The Limit: On Day 3, your equity can never drop below $106,700 ($110,000 &ndash; $3,300).
- 
Outcome: If your account equity or balance falls below $106,700 at any moment, the account is terminated.
Example 2: Impact of Intraday Profit
Starting Balance = $110,000
- 
Scenario: You start Day 3 with a $3,300 limit, but you make an intraday profit of $7,000.
- 
New Allowance: Your allowable loss for that day increases to $10,300 ($3,300 base limit + $7,000 profit).
- 
The Rule: This allows you more breathing room during the day, provided your equity stays above the breach level.
Example 3: Realized vs. Floating Loss
Starting Balance = $110,000
- 
Scenario: You realize a loss of $2,000 during the day and then open a new trade.
- 
Calculation: You have $1,300 of your daily limit remaining ($3,300 total &ndash; $2,000 already lost).
- 
The Breach: If your new running trade reaches a floating loss of $1,300, your account will breach the daily limit.
- 
Important: The rule applies to both realized losses and floating (open) losses combined within a single trading day.
Daily Reset Timer: The Daily Loss Limit resets every day at 17:00 EST server time. You can always monitor the reset timer on your Hola Prime dashboard to see exactly when your daily loss limit resets.
Max. Loss Limit (Trailing):
The Max. Loss Limit (Trailing) is the amount your account's equity or balance can't go below. For Direct Accounts, this limit is set at 7% of your initial account balance. This 7% trails the High Water Mark until the trader reaches 7% profits in the account. Once they have achieved 7% profit in the account, the max trailing lock in at the starting balance and no longer trails the account.
The Formula
Max. Loss Limit (Trailing) = High Water Mark &ndash; (Initial Balance &times; 7%)
Example 1: Initial Setup
Starting Balance = $100,000
- 
Calculation: 7% of $100,000 is $7,000.
- 
The Limit: Your account equity or balance can never drop below $93,000 ($100,000 &ndash; $7,000).
Example 2: The Moving High Water Mark
Starting Balance = $100,000
- 
Scenario: Your previous day&rsquo;s end-of-day balance reaches $102,000 (New High Water Mark).
- 
New Limit: Your max trailing drawdown moves up to $95,000 ($102,000 &ndash; $7,000).
Important: If you then close a trade with a $1,000 loss and your balance drops to $101,000, your limit remains at $95,000 because the drawdown trails the peak (High Water Mark), not the current balance.
Example 3: Locking at Initial Balance
Starting Balance = $100,000
- 
Scenario: Your previous day&rsquo;s end-of-day balance reaches $107,000 (7% growth).
- 
Locked Limit: Your max trailing drawdown is now locked at your starting balance of $100,000.
- 
Outcome: Whether it is day 1 or day 50, if your equity or balance falls below $100,000, the account is terminated.
2% Risk Rule (Funded & Direct Accounts)
Your risk per trade idea must not exceed 2% of your initial account balance.
This rule applies exclusively to Hola Prime (Sim. Funded) Accounts and Direct Accounts. It does not apply during the Challenge phase. A violation of this rule is considered a hard breach and will result in account termination.
Stop Loss Requirement
Risk is determined by the maximum potential loss on a trade based on the stop loss placement.
- A stop loss must be placed within 3 minutes of opening a position or before closing the position, whichever occurs first.
- If no stop loss is placed within this timeframe, the position is considered to have infinite risk by default.
- Failure to comply with this requirement constitutes a hard breach and may result in account termination.
Once the stop loss requirement is met, risk is assessed based on the Single Trade Idea rule. This includes
- Layering / Splitting Positions
- 10-Minute Re-entry Rule
Layering/Splitting positions
If you open multiple positions on the same assets, same direction, with overlapping time (e.g., multiple "Buy" orders on EUR/USD), they are collectively treated as one single trade idea. This includes multiple entries opened and/or closed at different times.
Any continuous sequence or chain of such overlapping positions will also be treated as one single trade idea for risk calculation purposes.
The combined risk of all these positions cannot exceed the 2% limit. View Example ▾ 
The combined risk of all these positions cannot exceed the 2% limit. Hide Example ▴ 
Example &mdash; Splitting One Trade Idea into Multiple Overlapping Positions
INITIAL ACCOUNT BALANCE $100,000
MAXIMUM RISK PER TRADE IDEA 2% ($2,000)
TRADE
ASSET
TRADE DIRECTION
LOT SIZE
OPEN TIME (EST)
ENTRY PRICE
STOP LOSS
CLOSE TIME (EST)
EXIT PRICE
RISK
Trade 1
EUR/USD
Buy
0.50
15:00:00
1.14681
1.13681
15:25:00
1.14825
0.5%($500)
Trade 2
EUR/USD
Buy
0.30
15:03:00
1.14715
1.11382
15:49:00
1.14980
1.0%($1,000)
Trade 3
EUR/USD
Buy
0.20
15:07:00
1.14742
1.11742
15:36:00
1.14890
0.6%($600)
Risk per Trade Idea Assessment
As all three positions were opened on the same trading instrument, in the same direction, and were active simultaneously, they are classified as a single trade idea in accordance with the Risk per Trade Idea policy.
Total Risk Exposure (Trade 1 + Trade 2 + Trade 3):
0.5% + 1.0% + 0.6% = 2.1% ($2,100)
Compliance Outcome:
The combined risk exposure for this trade idea exceeded the maximum permitted limit of 2% ($2,000). Accordingly, this constitutes a hard breach of the Risk per Trade Idea policy.
The 10-Minute Re-entry Rule
If you close a position and then open a new one in the same direction on the same assets within 10 minutes, the system considers this a continuation of the same trade idea.
Any continuous sequence or chain of such closely timed positions will also be treated as one single trade idea for risk calculation purposes.
Their cumulative risk is tracked against the 2% limit. View Example ▾ 
Their cumulative risk is tracked against the 2% limit. Hide Example ▴ 
Example &mdash; Re-entering the Same Asset Within 10 Minutes
INITIAL ACCOUNT BALANCE $100,000
MAXIMUM RISK PER TRADE IDEA 2% ($2,000)
TRADE
ASSET
SIDE
LOT SIZE
OPEN TIME (EST)
ENTRY PRICE
STOP LOSS
CLOSE TIME (EST)
EXIT PRICE
RISK
Trade 1
XAU/USD
Buy
1.00
15:04:00
4024.73
4009.73
15:18:00
4031.20
1.5%($1,500)
Trade 2
XAU/USD
Buy
0.50
15:49:00
4032.10
4012.10
15:59:00
4038.65
1.0%($1,000)
Trade 3
XAU/USD
Buy
1.00
16:04:00
4039.25
4024.25
16:13:00
4045.10
1.5%($1,500)
Trade 4
XAU/USD
Buy
0.50
16:19:00
4045.80
4029.80
16:30:00
4052.30
0.8%($800)
Risk per Trade Idea Assessment
- Trade 2 was opened 31 minutes after Trade 1 had been closed. As the time gap exceeded 10 minutes, Trade 2 is classified as a new trade idea.
- Trade 3 was opened 5 minutes after Trade 2 had been closed. As it was executed on the same trading instrument, in the same direction, and within 10 minutes of the previous position being closed, it is considered a continuation of the same trade idea.
- Trade 4 was opened 6 minutes after Trade 3 had been closed. Since it was executed on the same trading instrument, in the same direction, and within 10 minutes, it is also considered a continuation of the same trade idea.
Total Risk Exposure (Trade 2 + Trade 3 + Trade 4):
1.0% + 1.5% + 0.8% = 3.3% ($3,300)
Compliance Outcome:
Although Trade 2 began a new trade idea, both Trade 3 and Trade 4 were opened within 10 minutes of the preceding trade being closed. Therefore, Trade 2, Trade 3, and Trade 4 are treated as a single trade idea.
Since the combined risk exposure for this trade idea is 3.3% ($3,300), exceeding the maximum permitted limit of 2% ($2,000), this constitutes a hard breach of the Risk per Trade Idea policy.
Layering Positions Followed by Re-entry Within 10 Minutes
This example demonstrates how overlapping positions and a subsequent re-entry within 10 minutes on the same asset and in the same direction are treated as a single trade idea.
The combined risk of all related positions must not exceed the 2% limit. View Example ▾ 
The combined risk of all related positions must not exceed the 2% limit. Hide Example ▴ 
Example &mdash; Layering Positions Followed by Re-entry Within 10 Minutes
INITIAL ACCOUNT BALANCE $100,000
MAXIMUM RISK PER TRADE IDEA 2% ($2,000)
TRADE
ASSET
TRADE DIRECTION
LOT SIZE
OPEN TIME (EST)
ENTRY PRICE
STOP LOSS
CLOSE TIME (EST)
EXIT PRICE
RISK
Trade 1
EUR/USD
Buy
0.50
15:00:00
1.14681
1.13681
15:25:00
1.14825
0.5%($500)
Trade 2
EUR/USD
Buy
0.30
15:03:00
1.14715
1.11382
15:49:00
1.14980
1.0%($1,000)
Trade 3
EUR/USD
Buy
0.20
15:54:00
1.14910
1.11910
16:10:00
1.15020
0.6%($600)
Risk per Trade Idea Assessment
Trade 1 and Trade 2 overlapped in time on the same trading instrument and in the same direction. Therefore, they are treated as a single trade idea.
Trade 3 was opened 5 minutes after Trade 2 was closed. Since it was executed on the same trading instrument, in the same direction, and within 10 minutes of closing Trade 2, it is considered a continuation of the same trade idea.
Total Risk Exposure (Trade 1 + Trade 2 + Trade 3):
0.5% + 1.0% + 0.6% = 2.1% ($2,100)
Compliance Outcome:
Trade 1 and Trade 2 are considered a single trade idea due to their overlapping duration. Trade 3 is treated as a continuation of the same trade idea, as it was opened within 10 minutes of closing Trade 2. Accordingly, all three trades are assessed as one continuous trade idea.
The combined risk exposure across these trades was 2.1% ($2,100), exceeding the maximum permitted Risk per Trade Idea limit of 2% ($2,000). This constitutes a hard breach of the Risk per Trade Idea policy.
Additional Guidelines
General risk management rules should always be followed, and traders should operate the account as if it were their own capital. Please refer to prohibited gambling behavior for further details.
*Using prohibited trading practices may result in a reduction of the risk limit to 1% as a preventive measure. Any such changes will be communicated via official channels.
News Trading
News trading is not allowed in Hola Prime (Sim. Funded) Accounts issued under the Direct Model.
- 
Execution Window: Traders are not allowed to execute (open or close) any trade on instruments affected by high-impact news during the window starting 5 minutes before and ending 5 minutes after the news release.
- 
Included Actions: This restriction includes market execution and all pending orders, such as Stop Loss (SL) and Take Profit (TP) orders.
- 
Holding Positions: You may hold existing trades on affected instruments if they were opened more than 5 minutes before the news release.
- 
Violations: If an SL or TP is triggered within the restricted 10-minute window, it is considered a violation of the Hola Prime Agreement and will lead to account closure.
- 
Non-Targeted Instruments: Instruments affected only by low or medium-impact news can be traded normally.
Weekend Holding
Holding trades over the weekend is strictly prohibited for Direct Model accounts.
- 
Hard Breach: Keeping trades open over the weekend is considered a hard breach for the Direct model.
- 
Deadline: All trades must be closed before 15:45 EST on Friday.
- 
Automatic Action: Any trades remaining open past this deadline will be automatically closed by the system, and the account will be terminated.
Inactivity
Any trading account inactive for consecutive 30 calendar days will be permanently suspended. A trading day refers to a day when at least one trade is opened as it counts towards an active trading day. Closing the trade, modifying the stop loss or take profit, or placing a pending order does not count as a trading day.
Example: If your last trade was opened on January 1st, you must open a new position by January 30th. If no activity occurs by January 31st, the account is breached due to inactivity.
Trading Rules - Additional Guidelines
Consistency Rule 
To receive the payment trader should ensure the profits across trades are meeting the consistency score.
The Consistency score should be up to 20%. The consistency score is calculated as follows:
Consistency Score = (Biggest Winning Day / Current Total Account Profit) &times; 100%. In simple words, it means that the biggest winning day cannot exceed 20% of the total profits made in the account. If the score exceeds 20%, the trader must continue trading until this score is reduced to 20% or lower.
Example:, the highest profit earned in a day is $5,000, and the total profit earned so far is $20,000, then the Consistency score = (5000/20000) * 100% = 25%. In this case, the trader must keep trading and earn a total profit of at least $25,000 (Additional profit of $5,000), so that the consistency score is brought down to 20%.
Overnight holding
Overnight Holding is fully permitted across all Challenge and Hola Prime (Sim. Funded) Accounts. This allows you to maintain your positions without interruption, providing the professional flexibility needed to capitalize on long-term strategies and market trends that unfold beyond standard session hours.
Minimum Trading Days
There are no minimum trading days in Direct Account. However, traders should keep in mind the inactivity period of 30 calendar days.
Rewards
- 
Industry-Leading Profit Splits up to 90%
At Hola Prime, we empower traders with choice and flexibility in their payout cycles with no extra fees attached!
Payouts in the Hola Prime (Sim. Funded) 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.
To qualify for a payout, the trader must meet the following profitability requirements:
- 
Bi-weekly Cycle: Traders can request a payout every 14 calendar days following the first executed trade on the account.
- 
20% Consistency Requirement: To ensure professional risk management, your biggest winning day cannot exceed 20% of the total profits made in the account.
Consistency score ensures that profits are earned through consistent trading rather than a single windfall. The score is calculated as follows:
Consistency Score = (Biggest Winning Day / Current Total Account Profit) &times; 100%
- 
Example: If your highest profit earned in a day is $5,000 and your total profit is $20,000, your score is 25% ($5,000 / $25,000).
- 
Action Required: Since 25% exceeds the 20% limit, you are not yet eligible for a payout. You must continue trading until your total profit reaches at least $25,000, which brings the score down to 20%.
- 
Flexible & Fast Payouts
You&rsquo;ve done the hard work&mdash;now it&rsquo;s time to enjoy the results. We offer a variety of seamless payout options designed to put your profits in your hands as quickly and efficiently as possible.
- 
Bank Wire & Cryptocurrencies: Minimum $50 (excluding firm&rsquo;s share), no fees from our end.
- 
Supported Crypto: BTC, USDC, ETH, USDT (ERC-20 & TRC-20).
- Rise: Minimum $500 (excluding firm&rsquo;s share), supports bank & crypto payouts. A flat fee of $25 applies to all transactions.
Important Note: Prior to submitting a payout request, the Trader must ensure that an adequate amount is maintained in the account so that, after the payout is processed, the account balance does not reach the applicable Loss Limits. The Max. Loss Limit level remains unchanged after the payout is processed.
The Trading Ecosystem
Traders typically pay a commission for using a prop firm&rsquo;s funds and platforms. This fee is deducted from simulated profits before the split between the trader and the firm.
Hola Prime ensures a seamless trading experience with low commission rates. This allows traders to maximize their simulated profits while maintaining transparency and fairness in trading costs. Here is the detailed commission structure:
- 
Forex & Commodities (Gold)- $ 3 per lot
- 
Other Commodities &ndash; $1.5 per Lot
- 
Indices and Cryptos&ndash; Zero Commission
Trading Platform
You can choose among the best trading platforms- DX Trade, MT4, MT5, Match Trader, Trade-Locker, and CTrader platforms
Tradable Instruments : You can trade Forex, Crypto, Indices, and commodities with tight spreads on all our trading platforms.
Instrument-Wise Leverage
The leverage that will be applied on Direct account will be:
Forex: 50:1
Exotics: 5:1
Commodities: 2:1
Indices: 5:1
Metals: 10:1
Crypto: 1:1

Hola, ¿en qué podemos ayudarte?

Hola, cuenta Prime Direct

Cuenta directa

Normas de negociación: infracciones de la cuenta (infracción grave)

Límite diario de pérdidas

La fórmula

Ejemplo 1: Configuración del límite diario

Ejemplo 2: Repercusión de los beneficios intradía

Ejemplo 3: Pérdida realizada frente a pérdida no realizada

Límite máximo de pérdidas (móvil):

La fórmula

Ejemplo 1: Configuración inicial

Ejemplo 2: La marca de agua máxima móvil

Ejemplo 3: Fijación del saldo inicial

Noticias sobre operaciones bursátiles

Fin de semana Holding

Inactividad

Normas de negociación: directrices adicionales

Recompensas

El ecosistema del comercio

COMERCIO	ACTIVO	DIRECCIÓN DE LA OPERACIÓN	TAMAÑO DEL LOTE	HORARIO DE APERTURA (EST)	PRECIO DE ENTRADA	STOP LOSS	HORA DE CIERRE (EST)	PRECIO DE SALIDA	RIESGO
Operación 1	EUR/USD	Comprar	0.50	15:00:00	1.14681	1.13681	15:25:00	1.14825	0,5 %(500 $)
Intercambio 2	EUR/USD	Comprar	0.30	15:03:00	1.14715	1.11382	15:49:00	1.14980	1,0 %(1 000 $)
Intercambio 3	EUR/USD	Comprar	0.20	15:07:00	1.14742	1.11742	15:36:00	1.14890	0,6 %(600 $)

COMERCIO	ACTIVO	LADO	TAMAÑO DEL LOTE	HORARIO DE APERTURA (EST)	PRECIO DE ENTRADA	STOP LOSS	HORA DE CIERRE (EST)	PRECIO DE SALIDA	RIESGO
Operación 1	XAU/USD	Comprar	1.00	15:04:00	4024.73	4009.73	15:18:00	4031.20	1,5 %(1 500 $)
Intercambio 2	XAU/USD	Comprar	0.50	15:49:00	4032.10	4012.10	15:59:00	4038.65	1,0 %(1 000 $)
Intercambio 3	XAU/USD	Comprar	1.00	16:04:00	4039.25	4024.25	16:13:00	4045.10	1,5 %(1 500 $)
Intercambio 4	XAU/USD	Comprar	0.50	16:19:00	4045.80	4029.80	16:30:00	4052.30	0,8 %(800 dólares)