What are the rules to follow in the 3-Step Prime Challenge?

To excel in the 3-Step Prime Challenge, it’s important to adhere to the following rules:

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 5% 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 5% of the initial account balance. This means the account balance or equity cannot drop below 95% 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 5% of the initial account balance in phase 1, phase 2, and phase 3 respectively.

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.