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The Challenge Phase:

This phase is designed to test your ability to achieve goals while showing disciplined risk management. This phase is best suited for swing trades. To succeed, it is important to have a flexible trading system and a strong risk management strategy.

Trading Objectives:

• Achieve the Profit Target of 10% to pass the evaluation.
• Complete a minimum of 2 trading days to qualify for the next step.
• Adhere to all trading rules: If any of the rules are not followed, the account will be permanently suspended (though you may purchase a new challenge to try again).

The Hola Prime (Sim. Funded) Account

Once you successfully pass the review and KYC process, you will be offered the opportunity to trade on the Hola Prime (Sim. Funded) Account and begin earning payouts.

Daily Loss Limit

The Daily Loss Limit is the maximum amount you can lose in a single day. For 1 Step Prime Accounts, this limit is set at 3% of the previous day'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 × 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.

Example 1: Starting Balance With a $110,000 closing balance from the previous day, your equity or balance cannot fall below $106,700 at any time during the day.

Example 2 (Intraday Profit): Intraday Profit If you start with $110,000 and make $7,000 in profit during the day, your allowable loss for that day increases to $10,300.

Example 3 (Floating Loss): You have a $110,000 trading account with a $3,300 daily limit. If you realize a closed loss of $2,000 and then initiate another trade, your account will breach the rule if your running trades exceed a floating loss of $1,300.

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.

Overall Loss Limit

The Overall Loss Limit (also known as the Maximum Drawdown) is the ultimate safety net for your account. For 1 Step Prime Accounts, this limit is set at 6% of your initial account balance. If your account balance or floating equity ever drops below the 94% threshold of your initial balance, the account will be permanently closed.Note: Unlike the Daily Loss Limit, the Overall Loss Limit is static and always calculated based on the initial funding amount, not the previous day's balance.

The Formula: Maximum Loss Level = Initial Balance – (Initial Balance × 6%)

Example: The Standard "Floor" You purchase a $100,000 1 Step Prime account.

Calculation: 6% of $100,000 is $6,000.

The "Floor": Your account equity or balance can never drop below $94,000 ($100,000 – $6,000).

Outcome: Whether it is day 1 or day 50, if your equity or balance falls below $94,000, the account is terminated.

Calculation Details: The rule states that the sum of the current floating PnL (Profit and Loss) and the realized PnL (Profit and Loss) on all closed positions must not hit the Maximum Overall Loss Limit.

2% Rule (Funded & Direct Accounts)

Your risk per trade idea should not exceed 2% of the account size (initial balance). This includes:

• Single Trade Idea

• Layering/Splitting Positions

• The 10-Minute Re-entry Rule

This rule applies exclusively to Hola Prime (Sim. Funded) Account or Direct Account and does not extend to the Challenge phase. Violating this rule is considered a hard breach and will lead to the closure of your account.

- Single Trade Idea

The total risk on a single trade idea must not exceed 2% of your initial account balance.

For example, on a $100,000 account, your maximum allowed risk for one trade idea is $2,000.

- Layering/Splitting Positions

- The 10-Minute Re-entry Rule

Important Note

• Stop loss must be placed within 3 minutes of opening a position or prior to closing the position, whichever occurs earlier.

• Breach of this rule will result in a hard breach and termination of the account.

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.

Inactivity

Any trading account (challenge or Funded) 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.

News Trading: In 1 Step Prime Accounts, there is no restriction for trading during any news hours, allowing traders to take advantage of market volatility and execute trades without restrictions during high-impact news events.

Weekend Holding: In 1 Step Prime Accounts, traders can trade 24x7, ensuring they remain in their positions without the need to close positions before the weekend.

Overnight Holding: Overnight holding of positions is permitted in 1 Step Prime Accounts, allowing traders to maintain their trades without interruption, giving them the flexibility to gain on long-term strategies and market trends that unfold beyond standard trading hours.

Profit Target:

Achieve a profit target of 10%  of the initial balance to gain direct access to a Hola Prime (Sim. Funded) Account without further evaluation.

For example: A trader starting with an initial account balance of $100,000 must aim for a profit of $10,000, ensuring compliance with drawdown rules, to access the Hola Prime (Sim. Funded) Account.

Minimum Trading Days:

You are required to reach a profit target while following all other rules and trading for a minimum of 2 days in the challenge phase.

Example:

• Monday (Day 1): You open three trades on EUR/USD, reaching a total realized profit of $5,500.

• Tuesday (Day 2): You open three trades on EUR/USD, reaching an additional profit of $4,500.

Result: Requirement Met. By placing a trade on a second calendar day, you have fulfilled the 2-day minimum.

1. Industry-Leading Profit Splits up to 95%

At Hola Prime, we empower traders with choice and flexibility in their payout cycles with no extra fees attached!

To qualify for a payout, the trader must meet the following profitability requirements:

• Bi-weekly Cycle: Requires a minimum of 3 profitable trading days within a 14-day period to receive an 80% profit-split.
• Monthly Cycle: Requires a minimum of 7 profitable trading days within a 30-day period to receive a 95% profit-split.

What is a Profitable Trading Day?

A profitable trading day is defined as a day when closed positions generate a net profit of at least 0.5% of the initial account balance.

Example: For an account with an initial balance of $100,000, a day is considered profitable if you close the day with a minimum of $500 in net profit ($100,000 × 0.005 = $500).

Calculation: Positive profit is calculated as: EOD Balance or EOD Equity (whichever is lower) − Previous Day Closing Balance.

2. On-Demand Payouts

Traders can request On-Demand Payouts with an 80% profit split, subject to the following conditions:

Consistency Requirement: Traders must maintain a Consistency Score of up to 40%. This means your biggest winning day cannot exceed 40% of the total profits on the account.

• Formula: Consistency Score = (Biggest Winning Day / Current Total Account Profit) × 100%

• Example: If your highest daily profit is $11,250 and your total profit is $25,000, your score is 45%. You must continue trading to earn a total profit of at least $28,125 to bring the score down to 40%.

Minimum Profit Required: A minimum total profit of 2% of the initial account balance is required to be eligible for payout.

• Example: On a $100,000 account, you must have at least $2,000 in total profit to request an on-demand payout.

3. Flexible & Fast Payouts

You’ve done the hard work—now it’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’s share), no fees from our end.
• Supported Crypto:  BTC, USDC, ETH, USDT (ERC-20 & TRC-20).
• Rise: Minimum $500 (excluding firm’s share), supports bank & crypto payouts. A flat fee of $25 applies.

4. 100% Challenge Fee Refund

When you successfully pass the 1 Step Prime Challenge, you will receive a 100% refund of your challenge fee. This refund will be processed automatically in four equal installments, with 25% of the fee paid back with each of your first four payouts.

• Example: If your initial challenge fee was $120, you will receive a $30 refund with each of your first four payouts.

Traders typically pay a commission for using a prop firm’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 – $1.5 per Lot
• Indices and Cryptos– 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 1-Step Prime  account will be:

Forex: 50:1

Exotics: 5:1

Commodities: 2:1

Indices: 5:1

Metals: 10:1

Crypto: 1:1