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Prohibited Trading Practices
Hola Prime strictly prohibits abusive or exploitative trading strategies such as, but not limited to, gambling or speculative behavior, quick strike methods, high frequency trading, copy trading across accounts, group hedging, arbitrage, tick scalping, account rolling, one-sided betting, hyperactivity, exploiting server errors, guaranteeing profits during low liquidity periods, or account and device sharing. Such practices distort markets, bypass fair rules, or reflect unsustainable trading behavior, and violations may result in account termination, denial of rewards, or permanent bans.
What happens if you break these rules
Hola Prime enforces calculated measures to prevent and address prohibited trading practices. Depending on the severity, consequences may include issuing warning, restricting the number of trades or lot sizes, adding additional risk limits, lowering daily or maximum loss limits, nullifying the effects of trades that violate rules, or imposing a complete and permanent account ban.
Hola Prime strictly prohibits any kind of exploitation of the platform. Traders should read all Terms and conditions carefully before using our platform. The conditions below apply to all accounts, whether in the challenge or Hola Prime phases.
1. Hyperactivity/Excessive Trading
Hyperactivity in trading refers to an unusually high volume of activity where a trader places and executes trades rapidly and in quick succession. It also extends to constant adjustments of existing orders, including repeated changes to stop-loss, take-profit, or limit order instructions.
2. Account/Device Sharing
- Trading is permitted only from your own personal devices. Sharing devices or accessing your account from a device associated with another user is strictly prohibited.
- Each participant may maintain only one registered account using their own email address, device, and identity. Multiple or duplicate registrations are not permitted.
- Multiple accounts operating from the same IP address or network, suspicious IP activity, unrealistic location changes, or devices linked to multiple traders may trigger a compliance review.
- Accessing the account or platform from a restricted country or region, or using a VPN that routes through a restricted country, is strictly prohibited and will lead to account termination.
- International travel may trigger a compliance review due to changes in IP location. Traders must provide any requested travel details or supporting documentation within the specified timeframe to verify legitimate account access.
Failure to comply with these requirements or respond to compliance requests may result in account breach, termination, or other compliance action. For more details, click here.
3. Gambling/Speculative Trading
At Hola Prime, we emphasize disciplined and responsible trading practices. Behaviors resembling gambling—such as excessive use of margin, overleveraging, placing multiple buy and sell orders at different price levels to exploit short-term price movements, or entering high-risk trades without proper analysis—are strictly forbidden. Such actions compromise sound risk management, heighten financial exposure, and hinder sustainable long-term trading performance.
Setting up several buy and sell orders at various price points both above and below the current market price, to take advantage of price changes is prohibited. When the market rises and falls, hitting different price points, it raises risk because numerous losses can occur at once from a significant market movement in one direction. Hence, it is prohibited to use this tactic.
Trading activity must demonstrate consistent profitability across a meaningful number of trades. Where the account’s overall result is materially dependent on any single trade idea or isolated outcome, such activity may be classified as speculative trading and is prohibited.
For instance if a trader sets several buy orders at $150, $155, and $160 and multiple sell orders at $170, $175, and $180. The trader makes profit if the market moves between these levels. However, all of the buy orders will lose equity if the market falls sharply below $150, resulting in huge losses.
In genuine market conditions, professional traders do not risk exposure above 0.75-1% per trade and keep margin usage within the 30% range, allowing for steady, sustainable performance over time. For more details click here.
Your risk per trade idea must not exceed 2% of the initial account balance on your Hola Prime (Funded or Direct) account.
For the purpose of this rule, split positions in the same direction that overlap in time — including multiple entries opened and/or closed at different times — will be treated as a single trade idea. Additionally, if a new position in the same direction is opened within 10 minutes of closing a previous position, it will also be considered part of the same trade idea.
Any continuous sequence or chain of such overlapping or closely timed positions will be treated as one single trade idea for risk calculation purposes.
Traders are required to define this risk by placing a stop loss within 3 minutes of opening a position or prior to closing the position, whichever occurs earlier.
The breach of this rule will lead to hard breach and termination of account.
Further, general risk management rules should always be kept in mind, and the trader should trade in the account as if it were their money. Read about prohibited Gambling behavior here.
*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 to users via official channels.
It is prohibited to engage in any practices which are not reasonably replicable on actual market (such strategy is not in line with risk management rules that a reasonable trader would apply when trading with their own money):
(i) opening substantially larger position sizes compared to your other trades, whether on this or any other account of the trader;
(ii) opening substantially smaller or larger number of positions compared to your other trades, whether on this or any other account of the trader.
Performing gap trading (high risk practice which carries potential unfavourable outcomes if performed in real market conditions in times of increased volatility) by opening trade(s);
(i) when major global news, macroeconomic event or corporate reports or earnings, that might affect the relevant financial markets are scheduled; or
(ii) hours or less before a relevant financial market is closed for 2 hours or longer.
Continuous buying or selling of any instrument without taking into account technical signs, economic indicators, or fundamental news that could point to a future price gain or drop is a kind of betting with unfavorable risk-reward ratios. Because of its speculative nature and substantial loss risk, entering into these sorts of trades is prohibited.
For Instance- If a trader consistently buys a specific instrument without taking into account any potential risk or signs of an impending market decline. They run the risk of suffering substantial losses if the instrument's price drops unexpectedly due to their lack of diversification.
In general, trades placed in contradiction with how trading is actually performed in the financial markets, or in a way that our Risk Team considers, acting reasonably, might cause us financial, reputational or other harm as a result of the trader's activities (Some e.g. include overleveraging, overexposure, one-sided bets, account rolling, trading during non-liquid market hours to exploit liquidity shortages, inconsistencies, etc.).
To ensure consistency between the evaluation and funded stages, traders must maintain a broadly consistent trading methodology throughout the lifecycle of their account. Accordingly:
- Using an Expert Advisor (EA), algorithm, or trading bot to complete or pass a Challenge Account and subsequently switching to manual trading on the corresponding Hola Prime (Sim. Funded) Account or vice versa is strictly prohibited.
- Traders are expected to maintain a consistent trading methodology throughout both the Challenge and Hola Prime (Sim. Funded) stages. Accordingly, utilizing specific asset classes, symbol categories, margin utilization levels, or risk profiles during the Challenge phase, and then materially deviating from that approach by trading entirely different asset classes or symbol categories, or by significantly increasing margin utilization or overall risk exposure on the corresponding Hola Prime (Sim. Funded) Account, is strictly prohibited.
The strategy used to pass the Challenge is considered your proven trading strategy and forms the basis of your Hola Prime (Sim. Funded) Account. Traders are expected to maintain consistency by continuing to use the same overall approach used in evaluation account. Material changes to the proven strategy may result in account review, suspension, or Performance Reward denial.
4. One-Sided Betting
One-sided betting refers to a trading approach where one repeatedly takes positions in only one direction, either buy or sell, without proper market evaluation or analysis. At Hola Prime, this practice is prohibited because it is highly speculative and exposes traders to unnecessary risk.
Example: A trader may open multiple small trades or a single large trade across one or several assets, all positioned on the same side. This lack of balance or diversification leaves them highly exposed, and a sudden adverse price move can trigger significant losses.
5. Arbitrage trading
It is prohibited to take advantage of discrepancies in price feed within a platform, due to technical glitch, or price differences or delays across several marketplaces or platforms, in order to make gains without taking any risks or fair market analysis as it is an unethical practice and works against fair market conditions.
6. Using Expert Advisors (EAs) and Algorithms
Traders are permitted to use Expert Advisors (EAs), algorithms, and indicators; however, it is essential to customize their settings to ensure that their trading activity remains distinct from that of other traders. Our Risk and Compliance team may, at its discretion, request traders to share the source code of the EA being used (or intended to be used) for review and verification purposes.
If a trader uses a third-party trading robot (EA), it is important to note that other traders might also be using the same EA or strategy. In such cases, accounts employing identical or highly similar strategies will be grouped together and subject to a combined maximum capital allocation, even if the accounts belong to different traders or profiles.
If two or more traders are found using identical or near-identical EA configurations, the following actions may be taken at our discretion:
- Denial of Hola Prime (Sim. Funded) Account approval
- Rebalancing of existing Hola Prime (Sim. Funded) Accounts
- Termination of one or more related accounts
In cases where an EA causes platform hyperactivity or other technical issues, we may contact the trader to review and adjust the EA's logic or parameters, and may again request access to its source code for diagnostic purposes. Traders must also ensure that their EAs operate in accordance to our rules & guidelines, and do not engage in any restricted or prohibited strategies, as all EA activity is monitored and traceable.
Note: The use of any form of Expert Advisor (EA) is strictly prohibited on Hola Prime (Sim. Funded) Accounts issued under the Direct Model.
7. Copy Trading
It is allowed for traders to engage in copy trading only from one Hola Prime account to another Hola Prime account (both challenge and funded), provided that both accounts are owned by the same individual.
However, copy trading from external accounts, as well as between multiple Hola Prime accounts not owned by the same person (such as those of relatives, family members, friends, service providers, etc.) is strictly prohibited.
While using third party copiers, make sure your trades are copied along with any limits, properly. Hola Prime will not be responsible for the performance or efficacy of third party copiers used by traders
In addition, the following activities are also prohibited:
It will be deemed copy trading and a breach of our conditions if a sizable portion of a trader's trades are identical to those of one or more traders based on the following — opening price, closing price, lot size, lot ratio, symbols, etc. This could also indicate group trading, signal services, passing services, or any other activity that replicates trading strategies, which are not allowed. In such a scenario, all associated accounts will be immediately terminated.
8. Hedging or executing reverse trades
It is allowed to hedge or open buy or sell trade in the same instrument inside the same trading account. However, it is prohibited to open buy and sell trades in the same instrument across many accounts or in a group.
For Instance: It is prohibited to hedge a trade over two accounts by buying one lot of EUR/USD on Account-1 and selling one lot of EUR/USD on Account-2 at the same time by the same trader.
9. Tick Scalping or High-Frequency Trading (HFT)
It is not allowed to use sophisticated expert advisers, algorithms, and fast communication networks to profit from small price fluctuations by executing a high volume of trades within a short time frame because of its potential for market manipulation and disruptive trading activities.
By making trades extremely quickly, these algorithms are able to profit from even the slightest price swings, giving them an unfair edge over other traders. These algorithms strain market liquidity by the quick influx of orders and subsequent cancellations. Owing to this several traders might not get their trades executed at fair pricing.
10. News Trading
News trading refers to opening, closing, or modifying trades 5 minutes before or after the scheduled High Impact economic news events, which can cause significant market volatility.
The rules vary depending on your account type and whether you are in the Challenge or Hola Prime (Sim. Funded) stage.
News Trading Rules by Account Type
| Account Type | Challenge Phase | Hola Prime (Sim. Funded) Account |
|---|---|---|
| Direct Account | N/A | Restricted during High Impact news (5 minutes before to 5 minutes after the news release). |
| 2-Step Pro Account | Allowed | Restricted during High Impact news (5 minutes before to 5 minutes after the news release). |
| Prime Accounts (1-Step & 2-Step) | Allowed | Allowed |
For detailed explanation including examples and affected instruments, click here
11. Weekend Holding
Weekend holding refers to keeping trades open after the market closes on Friday.
The rules vary depending on your account type and whether you are in the Challenge or Hola Prime (Sim. Funded) stage.
Weekend Holding Rules by Account Type
| Account Type | Challenge Phase | Hola Prime (Sim. Funded) Account |
|---|---|---|
| Direct Account | N/A | Not allowed. All trades must be closed before 15:45 EST on Friday. Any open trades will be automatically closed, and the account will be terminated. |
| 2-Step Pro Account | Allowed | Not allowed. All trades must be closed before 15:45 EST on Friday. Any open trades will be automatically closed, and the account will be temporarily disabled till following Monday. |
| Prime Accounts (1-Step & 2-Step) | Allowed | Allowed. |
For detailed explanation including examples and FAQs, click here