What are the rules to follow in the 1-Step Prime Challenge?

To excel in the 1-Step Prime Challenge, it’s important to adhere to the following rules:

Minimum Trading Days: Traders are required to trade for minimum 2 days. A trading day refers to a day when at least one trade is executed (opening or closing a position) to participate in the market.

Maximum Trading Days = There are no maximum trading days for completing the challenge.

Daily Loss Limit = Traders are allowed a maximum daily loss limit of 3% of the previous day’s closing balance

To get more information regarding the daily loss limit, kindly click here https://holaprime.com/faqs/general-faqs/how-daily-loss-limit-calculated/

Maximum Total Loss Limit = The overall maximum loss permitted is 6% of the initial account balance. This means the account balance or equity cannot drop below 94% of the initial balance at any time.

To get more information regarding the maximum total loss limit, kindly click here https://holaprime.com/faqs/general-faqs/how-overall-loss-limit-calculated/

Profit Target = Traders need to achieve a profit of 10% of the initial account balance.

To get more information regarding the profit target, kindly click here https://holaprime.com/faqs/general-faqs/how-profit-target-calculated/

Inactivity Period = An account should not be inactive for consecutive 30 calendar days.