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Hola Prime Direct Fly Account

Overview

The Hola Prime Direct Fly Account provides traders with direct access to a Sim Live trading environment. The account offers a 70% profit split and an Anytime Payout structure through two stages: Take-Off Mode and Turbo Mode.

Sim Funded Account Rules

Maximum Loss Limit (4%, Intraday Equity Trailing)

The Maximum Loss Limit is 4% of the initial account balance and follows an intraday equity-based trailing mechanism. It adjusts according to the highest equity reached, including floating profits from open trades.

The Maximum Loss Limit continues to trail as the account reaches new equity highs. Once Turbo Mode is activated, the Maximum Loss Limit locks at the initial account balance and stops trailing permanently. The limit never moves downward.

Example 1 (100K Account – Initial Limit)

Assume your initial account balance is $100,000. The Maximum Loss Limit is 4%, which equals $4,000. Therefore, the initial breach threshold is $96,000 ($100,000 − $4,000). If your account equity falls below $96,000 at any time, the account will breach the Maximum Loss Limit.

Example 2 (Intraday Profit – Trailing Adjustment)

Assume your account starts with $100,000 and reaches an equity high of $102,000, including floating profits from open trades. The Maximum Loss Limit adjusts to $98,000 ($102,000 − $4,000). If your equity subsequently falls below $98,000, the account will breach the rule. The trailing threshold adjusts whenever a new equity high is reached.

Example 3 (Limit Locks at Initial Balance)

Assume your account starts with $100,000 and reaches an equity high of $104,000. The Maximum Loss Limit adjusts to $100,000 ($104,000 − $4,000). At this point, the limit reaches the initial account balance. Once Turbo Mode is activated, it locks permanently at $100,000 and stops trailing. Even if your equity later reaches $110,000, the breach threshold remains fixed at $100,000.

Daily Loss Limit

No separate Daily Loss Limit applies to the Direct Fly Account.

Consistency

No consistency requirement applies to the Direct Fly Account.

Lot Limit

The maximum position size is capped at 5 lots per order, with no restriction on the total number of trades.

For instance: You can place orders for 20 lots of an instrument overall in the same direction. However, these must be divided into groups of 5 lots per trade. You can place a maximum of 5 lots in a single order. This restriction is intended to reduce execution issues associated with larger order sizes.

Copy Trading

Copy trading is allowed on the Direct Fly Account.

Weekend Holding

Weekend holding is not allowed on the Direct Fly Account. Traders must close their positions before the weekend.

News Trading

News trading is restricted in Take-Off Mode but is allowed in Turbo Mode in Direct Fly accounts.

Expert Advisor (EA) Add-On

EA functionality is available as an optional add-on at the time of account purchase, subject to an additional 20% fee on the account purchase price. VPS usage is permitted only for accounts with the EA add-on activated.

Payouts

The Direct Fly Account operates through two stages: Take-Off Mode and Turbo Mode.

1. Take-Off Mode

Achieve the 2% milestone. Unlock your first payout.

During Take-Off Mode, traders can trade freely without any trading restrictions, specific trading rules, or Prohibited Trading Practices (PTP) requirements.

Once your account reaches a profit of 2% of the initial account balance, you achieve the Take-Off milestone. Trading will then be temporarily paused, and you will become eligible to request your first payout. Successfully reaching this milestone also unlocks Turbo Mode.

Payout Request – Your Choice

Reaching the 2% profit target makes you eligible to request your first payout; however, submitting a payout request is entirely optional. You can choose to request your payout at this stage or continue trading without withdrawing your profits.

If you choose to continue trading, your account will remain active, allowing you to build additional profits. You can request your payout at a later stage, subject to the applicable payout conditions.

2. Turbo Mode

The Maximum Loss Limit locks at the initial account balance, and trading is re-enabled.

In Turbo Mode, traders can enjoy the following benefits:

  • Anytime Payouts: Request payouts at any time, as many times in a day as you want.

  • No Profit Targets: No additional profit targets are required.

  • No Payout Thresholds: No minimum profit thresholds apply to subsequent payout requests.

  • No PTPs: No PTP requirements apply.

  • No Trading Restrictions: Traders can continue trading without the restrictions applicable during Take-Off Mode.

Profit Split

Traders receive a fixed 70% profit split on eligible profits generated through the Sim Live Account.

Note: To request a payout, your account must maintain a minimum buffer of 0.1% of the initial account balance.

Trading Ecosystem

Leverage

The Direct Fly Account offers 50:1 leverage.

Forex: 50:1

Exotics: 5:1

Commodities: 2:1

Indices: 10:1

Metals: 10:1

Trading Platform: The Direct Fly Challenge is available on Matchtrader, MT5 and TradeLocker.

Tradable Instruments: You can trade Forex, Indices, and Commodities on all our trading platforms.

Note: Cryptocurrency trading is not available on Direct Fly accounts. Indices not available on MatchTrader (Fly accounts).

Commission

A commission of $8 per lot applies across all instruments.

Spread Markup

A spread markup of 5 points per instrument applies.

Trade Execution

The Direct Fly Account operates in a simulated trading environment. Trades placed in the Sim Live Account may or may not be copied to live markets.