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Compare Forex Prop Trading Challenges

Challenge Account Rules

Features2 - Step Pro1 - Step Prime2 - Step PrimeDirect Account1 - Step Boost
Minimum Trading DaysP1: 2 | P2: 22 DaysP1: 3 | P2: 3N/AN/A
Maximum Trading DaysUnlimitedUnlimitedUnlimitedN/AUnlimited
Profit TargetP1: 8% | P2: 5%10%P1: 8% | P2: 5%N/A8%
Daily Loss LimitPrevious day's closing balance
P1: 5% | P2: 5%The Daily Loss Limit will be 4% of previous day's closing balance for $200k account size.3%P1: 5% | P2: 5%The Daily Loss Limit will be 4% of previous day's closing balance for $200k account size.3%3%
Max. Loss LimitP1: 10% | P2: 10%The Maximum overall Loss Limit will be 8% of initial balance for $200k account size.6%P1: 10% | P2: 10%The Maximum overall Loss Limit will be 8% of initial balance for $200k account size.7% (EOD Trailing)6%(EOD Trailing)
Leverage Upto100:150:150:150:1500:1
RewardsUp to 95%Up to 95%Up to 95%Up to 90%Up to 90%
News TradingYes, in ChallengeAllowedAllowedNot AllowedYes, in Challenge
Weekend HoldingYes, in ChallengeAllowedAllowedNot AllowedNot Allowed
EAs & IndicatorsYesYesYesNot AllowedNot Allowed
ConsistencyNANANA20%NA
Swap-Free Add-OnYesYesYesYesNo
Reset Add-OnYesYesYesNoNo
Challenge Fee Refund100%25% each over the first four payouts.100%25% each over the first four payouts.100%25% each over the first four payouts.NA100%25% each over the first four payouts.
Inactivity CountdownAny trading account that is inactive for 30 consecutive calendar days will be permanently suspended.

Hola Prime (Sim. Funded) Account Rules

Features2 - Step Pro1 - Step Prime2 - Step PrimeDirect Account1 - Step Boost
Minimum Trading DaysNANANANANA
Maximum Trading DaysNANANANANA
Profit TargetNANANANANA
Daily Loss LimitPrevious day's closing balance
5%The Daily Loss Limit will be 4% of previous day's closing balance for $200k account size.3%5%The Daily Loss Limit will be 4% of previous day's closing balance for $200k account size.3%3%
Max. Loss Limit10%The Maximum overall Loss Limit will be 8% of initial balance for $200k account size.6%10%The Maximum overall Loss Limit will be 8% of initial balance for $200k account size.7% (EOD Trailing)6% (EOD Trailing)
Payout Cycle
  • Bi-weekly - 80%
  • Monthly - 95%
  • On-Demand - 80%
  • Bi-weekly - 80%
  • Monthly - 95%
  • On-Demand - 80%
  • Bi-weekly - 80%
  • Monthly - 95%
  • On-Demand - 80%
  • Bi-weekly - 80%
  • Bi-weekly - 90%
  • Bi-weekly - 80%
  • Bi-weekly - 90%
Reward Requirements
  • On-Demand Cycle: 40% Consistency- On Demand Cycle requires a minimum profit of 2% of account balance. - A profitable trading day is defined as achieving a net profit of at least 0.5% of the initial account balance.
  • Biweekly Cycle: 3 Profitable Days
  • Monthly Cycle: 7 Profitable Days
  • On-Demand Cycle: 40% Consistency- On Demand Cycle requires a minimum profit of 2% of account balance. - A profitable trading day is defined as achieving a net profit of at least 0.5% of the initial account balance.
  • Biweekly Cycle: 3 Profitable Days
  • Monthly Cycle: 7 Profitable Days
  • On-Demand Cycle: 40% Consistency- On Demand Cycle requires a minimum profit of 2% of account balance. - A profitable trading day is defined as achieving a net profit of at least 0.5% of the initial account balance.
  • Biweekly Cycle: 3 Profitable Days
  • Monthly Cycle: 7 Profitable Days
  • All payout cycles: 20% Consistency
  • All payout cycles: 25% Consistency
News TradingNot AllowedAllowedAllowedNot AllowedNot Allowed
Weekend HoldingNot AllowedAllowedAllowedNot AllowedNot Allowed
EAs & IndicatorsYesYesYesNot AllowedNot Allowed
Overnight HoldingAllowedAllowedAllowedAllowedAllowed
Swap-Free Add-OnYesYesYesYesNo
Risk Limit Per Trade Idea
Your risk per trade idea should not exceed 2% of the initial balance. Also, splitting a trade into multiple positions, or opening a new position in the same direction within 10 minutes of closing a position, will be considered a single trade idea for this rule.Traders are required to define this risk by placing a stop loss within 3 minutes of opening a position or prior to closing the position, whichever occurs earlier.
NA
Lot size restrictionApplicableNANANANA
Inactivity CountdownAny trading account that is inactive for 30 consecutive calendar days will be permanently suspended.

Note: For more detailed information, please check our Trading Rules here