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What Are the Rules for the Hola Prime Trading Competition?
The Hola Prime Trading Competition has specific rules that participants must follow throughout the competition. Failure to comply with any rule may result in disqualification from the competition and loss of eligibility for rewards.
Account Registration & Duplicate Registration Policy
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Each participant is allowed to register only one competition account using one email address and one IP address.
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Multiple registrations using different emails, devices, IPs, browsers, VPS, or identities are strictly prohibited.
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Use of shared devices or shared networks to access multiple competition accounts is not allowed.
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Any attempt to create or use duplicate or multiple accounts will result in immediate disqualification.
- The name provided at the time of registration cannot be changed and must match the details on your KYC documents.
KYC
KYC is not required to enter the competition, but is mandatory to claim competition rewards.
Initial Balance
All participants will receive a $10,000 competition account.
Leverage
Maximum Leverage is available up to 50:1.
Forex: 50:1
Exotics: 5:1
Commodities: 2:1
Indices: 10:1
Metals: 10:1
Crypto: 1:1
Trading Conditions
-A minimum of 2 trading days is required.
-News trading is allowed.
-Overnight holding is allowed.
-There is no inactivity limit.
Expert Advisors (EAs)
The use of Expert Advisors (EAs) or automated bots is NOT allowed.
Drawdown & Loss Limits
-Daily Loss Limit: 3% of the previous day’s closing balance.
-Max. Loss Limit: 7% of the initial balance.
-Breaching either limit means you cannot trade further on the competition account.
Trading Costs and Commissions:
-Forex & Gold: $3 per lot per side
-Other Commodities: $1.5 per lot per side
-Indices and Cryptos - Zero Commission
-Swaps and spreads apply as per market conditions.
Automatic Trade Closure
All open trades will be automatically closed 10 minutes before the market close on the final day of the competition.
Restricted Countries
Participants from the following countries are not eligible to participate:
Afghanistan, Belarus, Burundi, Central African Republic, China, Cuba, Democratic People’s Republic of Korea, Democratic Republic of Congo, Eritrea, Guinea, Guinea-Bissau, Haiti, India, Iran, Iraq, Laos, Libya, Mali, Moldova, Myanmar, Nicaragua, Oman, Pakistan, Russia, Somalia, Syria, Tunisia, Ukraine, Vietnam, Yemen, and Zimbabwe.
Prohibited Trading Practices
Participants must not use any prohibited trading practices listed in Hola Prime’s PTP guidelines:
https://holaprime.com/trading-rules-list/trading-rules-prohibited-trading-practices/
Prizes & Rewards
Prize Allocation: Winners of the competition will be eligible for a combination of cash rewards and free trading accounts, depending on their final ranking. The exact prize structure, reward amounts, and account details may vary by competition and will be shared on the official competition page. For full and up-to-date prize details, please refer to: https://trader.holaprime.com/en/competitions/
Reward Claim: Winners must complete KYC verification and share a social media post tagging Hola Prime Global to receive their prize.
Competition Results: The competition results are announced after all eligible accounts have been reviewed. Winners are notified by email once the results are finalized.
Results Communication: Winners will be notified via email and Discord, and receive a special shoutout on Hola Prime’s website and social media.
Important Notes
-Failing to comply with any of the above rules may result in disqualification.
-Hola Prime reserves the right to modify or update competition rules at any time.