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Direct Account FAQs

24 articles

What are the benefits of the Hola Prime Account issued under the Direct Model?

What is the Maximum Trailing Drawdown Limit?

Is there a time limit for a Hola Prime Account issued under Direct Model?

Is copy trading allowed under Direct Model?

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About: Simulated trading operations are managed by Hola Prime Limited.
For MT5: Hola Prime Limited, with Company registration number 220248, and registered office at 4th Floor, Docks 4, The Docks, Caudan, Port Louis, Mauritius, is authorized and regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Full Service Dealer, excluding underwriting) under license number GB24203729.
For DXTrade, cTrader and MatchTrader: Gooey Trade, GT Tech LLC 6800 Broken Sound Parkway Northwest Suite 150 Boca Raton, FL 33487 US

RISK DISCLOSURE:
An investment in derivatives may mean investors may lose an amount even greater than their original investment. Anyone wishing to invest in any of the products mentioned in (website) should seek their own financial or professional advice. Trading of securities, forex, stock market, commodities, options and futures may not be suitable for everyone and involves the risk of losing part or all of your money. Trading in the financial markets has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the markets. Don’t invest and trade with money which you can’t afford to lose. Forex Trading are not allowed in some countries, before investing your money, make sure whether your country is allowing this or not.

You are strongly advised to obtain independent financial, legal and tax advice before proceeding with any currency or spot metals trade. Nothing in this site should be read or construed as constituting advice on the part of Hola Prime Limited or any of its affiliates, directors, officers or employees.

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EVALUATION DISCLOSURE:
The customer pass rate of the Challenge/Evaluation program was 35% between 10^th November, 2024 – 29^th May, 2025, who traded at least one evaluation and obtained a Hola Prime Account during this time period. The Challenge and Hola Prime Accounts are meant to be a realistic simulation of trading under actual market conditions, including commissions, to mimic real market conditions, as much as possible. The evaluation is difficult to pass even for experienced traders. The Evaluation is not suggested for individuals with little to no trading experience.

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All trades presented for compensation to customers should be considered hypothetical and should not be expected to be replicated in a live trading account. Hola Prime Accounts may represent simulated accounts or live or copied accounts.

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Please note that all accounts we provide to our clients are demo accounts with virtual funds. All trading happens in a simulated environment only. For more information, please visit our FAQs section.

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Summer Sale is On! 35–40% OFF +
Free FX Replay!

Summer Sale is On! 35–40% OFF + Free FX Replay!

Hi how can we help?

Direct Account FAQs

What are the benefits of the Hola Prime Account issued under the Direct Model?

What is the daily loss limit?

What is the Maximum Trailing Drawdown Limit?

Is there a time limit for a Hola Prime Account issued under Direct Model?

Are EAs allowed here?

Is copy trading allowed under Direct Model?