Hola Prime was founded in mid-2024 and is based in Hong Kong. During this review, I chose the $5K 1-Step Challenge, using the TradeLocker platform. (I am an American, and MetaTrader isn’t allowed.) I found the entry fee cheap and a great way to introduce myself to this firm.
I found the support to be very fast and quite comprehensive. The community is lively on Discord, and the firm has a strong social media presence. The rules are listed on the site, but it isn’t always easy to find them, and you need to pay special attention to funded account rules. There are 4 challenge options, including instant, 1-step, and 2-step. They are all in line with industry average pricing (some even above).
The trade execution was good, and there are a lot of platforms to choose from. There are 37 forex pairs, 9 indices, 4 crypto, 2 metals, and 3 energies, so if you are looking for a more comprehensive list of assets to trade, there are going to be some limits here; they do have the popular ones though.
| 🏢Headquarters | Hong Kong |
| 📅Foundation Year | 2024 |
| ⚖️Regulations | - |
| 🏆Challenge Types | 1-Step Prime, 2-Step Prime, 2-Step Pro, and Direct Account |
| 💲Challenge Price | $39 - $1919 |
| 💼Account Size | $5K – $300K |
| 💰Maximum Capital | $4M |
| 📈Scaling Plan | Yes |
| 💸Profit Split | Up to 95% |
| 🎯Profit Target Range | 5% – 10 % |
| ⚠️Maximum Daily Loss | 3% – 5% |
| 💻Trading Platforms | MetaTrader 4, MetaTrader 5, Match-Trader, Trade Locker, cTrader, DXtrade |
| 📊Tradable Instruments | Forex, Metals, Energies, Indices, Cryptocurrencies |
| 📏Maximum Leverage | 1:100 |
| 🎮Demo Account | No |
| 🧑💻Customer Support | Email, Live Chat, Phone, Discord |
| ⭐Trustpilot Rating | 4.5 |
| Pros | Cons |
|
|
Hola Prime has a reputation that is generally positive within the industry. On payout junction, Hola Prime has processed just over $3.6 million in payouts, with the largest being $35,000 on February 5, 2026. This is a good sign for a company that is fairly new, as it was formed in mid-2024. The FXEmpire trust score of 4.0 / 5 is mainly based on the fact that Hola Prime is a fairly new firm. PropFirmMatch has them as being listed 4.1 / 5, so the two match up. The rating is mainly a positive reaction from traders.
The support at Hola Prime is good and very responsive. The first step is an AI chatbot, but you can connect to a human simply by clicking a link. The accounts are fairly straightforward, but there are some rules that, unfortunately, look like they could be applied in an opaque manner, so this is a major concern.
Depending on the account you choose, you may or may not be able to trade the news, and this is something that you must familiarize yourself with. The Prime accounts seem to be a bit more forgiving, as the range of drawdown and the flexibility of trading around news events can help traders succeed.
Execution at Hola Prime was the same as you would expect from anyone else, and I saw no signs of instability with the platforms or any slippage at all.
Founded in mid-2024, Hola Prime is listed as based in Hong Kong, with over 100 employees. They are not regulated as a prop firm, which is normal for this industry, but they do have a regulated brokerage firm as well.
Founded by Somesh Kapuria from India, who also has experience in various roles, including leadership at Citibank in New York, and drove innovative financial products that are still used on Wall Street.
On LinkedIn, there are 81 associated members, with 49 of them being based in India. The LinkedIn profile is somewhat busy, but Hola Prime has generally spent more time on the other social media platforms, like YouTube, Instagram, Twitter, Discord, and TikTok.
TrustPilot is one of the first places that I went to when looking for feedback on how this prop firm performs. Hola Prime has a good 4.5 rating out of 5 possible points. Hola Prime has over 2,600 reviews, with traders saying overwhelmingly that they have had a positive experience with the firm.
Excellent customer service, staff responsiveness, helpfulness, and professional approach in resolving issues have been a consistent theme. Providing clear information has also been a strong suit, with many people appreciating fast and reliable service, including quick payout processing and the smooth KYC verification process.
However, there have been a few complaints recently from funded traders, stating that the withdrawal process is slower than advertised. There are other issues as well, including breached accounts “for no real reason”, although this could just be “sour grapes.”
Hola Prime holds a 4.1 out of 5 rating on Prop Firm Match, based on 49 ratings. There are 31, or 63.26% of the reviews are 5-star. Hola Prime, being listed on Prop Firm Match, means that the site has conducted an evaluation of the firm, which can add more credence to the idea of safety and fairness of Hola Prime to its traders. [Check Date: 9 July 2026]
Prop firms can be very opaque when it comes to trading rules. Often, they will choose to bury them in a long FAQ section, or in the contract you sign when you get a SIM-funded account. At Hola Prime, this is no different. That being said, it is all listed in the FAQ section and available to see ahead of time. While I did not find some of these very trader-friendly, there were some here to be seen.
The trading rules transparency is a mixed bag at Hola Prime, but they do list them on the site. My biggest problem with this firm is that a few of them can be interpreted any way the firm chooses to. One egregious example is the following from their site:
How does one quantify whether there is any technical or fundamental reasoning behind a trade? In my 21 years of trading, I have thought one thing is going on, only to be wrong. This is what trading literally is. You have to have winners and losers.
I don’t like this paragraph at the end. The only financial harm being done to the firm is that it will have to pay traders who are profitable. There is no harm to the firm if the trader loses; it’s not real money, as it is a simulated account. This screams red flag to me.
In Prime Challenge accounts, news trading is allowed without any restrictions in both the Challenge and the Hola Prime Sim. Funded phases. You can open, hold, or close trades around all news events without any concerns.
In the 2-Step Pro account, you are allowed to trade news in the Challenge Phase only. However, in the Funded phase, you can hold trades at any time, but you cannot execute a trade on any instrument affected by high-impact news during the window of 5 minutes before or after the event. This includes market orders, pending orders, and stop-loss and take-profit orders.
In the Direct Model account, you can hold trades at any time, but again, you cannot execute these trades within 5 minutes before or 5 minutes after a high-impact event. Hola Prime offers an economic calendar in the dashboard for traders to keep an eye on.
Hola Prime has consistency rules, and the parameters depend on the account that you have. The Direct accounts have a consistency score rating of up to 20%. In other words, your largest winning day cannot be more than 20% of your total profits. If it is, then you simply continue to trade until no single day is more than 20% of the profit in the account.
For Challenge accounts, the 2-Step Pro, 1-Step Prime, and 2-Step Prime all have consistency rules that apply at payout time. The difference depends on the payout schedule you chose at sign-up.
For bi-weekly payouts, there is no stated consistency cap, but there is a requirement of 3 profitable trading days minimum. A profitable day is considered to be a 0.5% gain or more for the session. Monthly payouts require a minimum of 7 profitable days. With the On-Demand payout scheme, payouts require a 40% consistency score, meaning the biggest day cannot exceed 40% of the payout, plus a minimum of 2% profit on the account.
The payout method used by Hola Prime is via RiseWorks, a third-party platform. This allows traders to be paid by bank transfer or crypto, which also means you need to open a RiseWorks account. If Rise doesn’t support transfers to the country of the trader, crypto will be used.
The payout cycles can be as quick as weekly, with an add-on being purchased. However, there is a 35% consistency rule, meaning the largest day cannot be more than 35% of your total earnings in 1 step Prime futures funded accounts. However, one of the biggest draws to Hola Prime is that they try to pay out within an hour of a withdrawal request.
According to Payout Junction, Hola Prime has paid out over $3.6 million, with the largest payout being $35,000. The total payouts are over 1,500, with the largest one being paid on February 5, 2026.
Hola Prime has a modern and easily navigable website, showing many of the benefits of trading at Hola Prime upfront and center. The FAQ section is pretty lengthy and gives you enough information to get a grasp on the accounts and rules. That is one of the biggest things with Hola Prime: the rules are easy to find, but not always easy to define.
While the website is strong, it’s worth noting that the way the categories are laid out makes things easy to find. The comparison of the plans available is found right away, which helps traders make a decision on what path to take quickly.
Hola Prime has Facebook, X, LinkedIn, TikTok, and YouTube channels available. Facebook seems to be somewhat unused, with only 110 subscribers. X seems to be more active and has over 13K followers. LinkedIn is active and has over 3K followers as well. On TikTok, Hola Prime has attracted over 6500 followers, and on YouTube, Hola Prime has over 95K followers, which is its biggest channel at the moment.
The dashboard allows you to see the drawdown issues you may or may not have to be worried about, displaying issues prominently.
The rules are there to protect the account, and it leaves the idea of the account protection in the hands of the trader, as the account dashboard plainly shows the amount of “daily loss” you are at, as well as the “max total loss.” If you break the max total loss amount, your account will be terminated.
I personally tested the $5,000 1-Step Challenge to test out Hola Prime, taking note of the dashboard features, the execution speed, and the support offered by their agents and other channels. I mainly tested during the New York session. The trading execution was great, which would be expected by a prop firm, as they all tend to work with the same platforms and liquidity providers.
News trading may or may not be an issue for you, so make sure you choose one of the “Prime” accounts if you are looking to trade fundamental announcements. The challenge options are pretty good and in line with the industry standards, and I especially appreciated the static drawdown. The challenges are also very flexible, so there are factors you can pick and choose.
| Challenge Type | 1-Step Prime | 2-Step Prime | 2-Step Pro | Direct |
| Profit Split | 80% / (95% monthly) | 80% / (95% monthly) | 80% / (95% monthly) | 80% / 90% |
| Min. Trading Days | 2 Days | 3 Days per phase | 2 Days per phase | N/A |
| Profit Target | 10% | 8% / 5% | 8% / 5% | N/A |
| Daily Drawdown | 3% | 5% (4% for $200K) | 5% (4% for $200K) | 3% |
| Daily Drawdown Type | Previous day’s closing balance | Previous day’s closing balance | Previous day’s closing balance | Previous day’s closing balance |
| Max Drawdown | 6% | 10% (8% for $200K) | 10% (8% for $200K) | 7% |
| Max Drawdown Type | Static | Static | Static | Trailing |
| News Trading | ✅News trading allowed | ✅News trading allowed | ❌Not allowed | ❌Not allowed |
| Weekend Holding | ✅Weekend holding allowed | ✅Weekend holding allowed | ❌Not allowed | ❌Not allowed |
| EAs | ✅EAs allowed with restrictions | ✅EAs allowed with restrictions | ✅EAs allowed with restrictions | ❌Not allowed |
| Payout Frequency | Monthly, bi-weekly, or demand (add-ons) | Monthly, bi-weekly, on-demand (add-ons) | Monthly, bi-weekly, on-demand (add-ons) | Bi-Weekly |
The frequency of payout is determined at the time of buying the challenge, and this has an influence on how the account behaves once you get funded.
At FXEmpire, we have a proprietary algorithm that we use to measure and set a difficulty score for each prop firm we measure. Metrics such as time limit, minimum profitable trading days, consistency rules, EAs, and profit-to-drawdown are all taken into account. From a total of these inputs, we get a normalized score.
1-Step Prime Challenge: The 1-Step Prime Challenge has as much as 1:50 leverage (forex), and just a 2-day minimum to pass. The ability to hold over the weekend is a major bonus, and the target of 10% is achievable. The lack of a consistency rule and the ability to trade news will make this account attractive for many. The score for this challenge was 75, mainly because of the profit to drawdown ratio putting it in the high difficultly tier.
2-Step Prime Challenge: The 2-Step Prime Challenge also allows news trading, the ability to hold over the weekend, and no consistency rules. Six days, 3 per phase, are required to pass the challenge. The profit split is the same as the 1-Step, and can be chosen at sign-up. The 2-Step Challenge is considered to be of low difficulty according to our scoring.
2-Step Pro: This account has restrictions on trading news in the form of “high impact events” for specific assets. There is no consistency rule, so this will help traders as well. The 8% and then 5% targets are reasonable for many traders. The high leverage on forex, 1:100, is also a bonus. However, there is no weekend holding either. The 2-Step Pro Challenge is also considered to be of low difficulty.
Direct Model: The Direct Model is simply the same thing as “Instant Funding.” There is a 20% consistency rule, meaning that any one particular day cannot be more than 20% of your payout profits. There is no weekend holding, no news trading, and there are no EAs are allowed. The Direct Model is considered to be high difficulty.
As with many others, Hola Prime has a few rules that are somewhat unique to the firm. The following rules are of special note and apply to the funded account:
💵 Accounts: $5K ($59) → $300K ($1919), Scaling up to $4M
🎯 Target: 10%
📉 Drawdown: 3% Daily Loss (EOD) | 6% Max Loss (Static)
💰 Profit Split: 80% to 95% (with add-on) | Fee Refund of 25% per payout for the first four
⚡Trading: ✅ News Trading | ✅ EAs | ✅Weekend Holding | ❌Copy Trading in Funded Accounts from external sources
📅 Funded Stage: Scaling up to $4M | ✅ News Trading allowed | ✅4 months between increases | ✅No consistency Rule
⚙️ Challenge Parameters: 🔴 2 Minimum Trading Days |🟢 No Consistency Rule |🟢 No Time Limit on Challenge
💵 Accounts: $5K ($47) → $200K ($1127), Scaling up to $4M
🎯 Target: 8% / 5%
📉 Drawdown: 4/5% Daily Loss (EOD) | 8/10% Max Loss (Static)
💰 Profit Split: 80% to 95% (with add-on) | Fee Refund of 25% per payout for the first four
⚡Trading: ✅ News Trading | ✅ EAs | ✅Weekend Holding | ❌Copy Trading in Funded Accounts from external sources
📅 Funded Stage: Scaling up to $4M | ✅ News Trading allowed | ✅4 months between increases | ✅No consistency Rule
⚙️ Challenge Parameters: 🔴 3 Minimum Trading Days per phase |🟢 No Consistency Rule |🟢 No Time Limit on Challenge
💵 Accounts: $5K ($71) → $200K ($1439), Scaling up to $4M
🎯 Target: 8% / 5%
📉 Drawdown: 4/5% Daily Loss (EOD) | 8/10% Max Loss (Static)
💰 Profit Split: 80% to 95% (with add-on) | Fee Refund of 25% per payout for the first four
⚡Trading: ❌ News Trading | ✅ EAs | ❌ Weekend Holding | ❌Copy Trading in Funded Accounts from external sources
📅 Funded Stage: Scaling up to $4M| ✅ News Trading allowed | ✅4 months between increases | ✅No consistency Rule
⚙️ Challenge Parameters: 🔴 2 Minimum Trading Days per phase |🟢 No Consistency Rule |🟢 No Time Limit on Challenge
💵 Accounts: $5K ($99) → $200K ($1099), Scaling up to $4M
🎯 Target: N/A
📉 Drawdown: 3% Daily Loss (EOD) | 7% Max Loss (Static)
💰 Profit Split: 80% to 90% (with add-on) | Fee Refund of 25% per payout for the first four
⚡Trading: ❌ News Trading | ❌ EAs | ❌ Weekend Holding | ❌Copy Trading in Funded Accounts from external sources
📅 Funded Stage: Scaling up to $4M | ✅ News Trading allowed | ✅4 months between increases | ✅No consistency Rule
⚙️ Challenge Parameters: 🔴 20% Consistency Rule |🟢 No Time Limit
Prop firms will often talk about the flexibility of their rules, but when you spend a bit of time looking deeper, you will often see some caveats and differences depending on the account type you choose. This is no different at Hola Prime.
News trading is allowed in some accounts and phases, and not others. For example, news trading is allowed in Prime accounts, be it the 1-Step or 2-Step version. However, in the 2-Step Pro account, news trading isn’t allowed in the funded phase. The Direct Model doesn’t allow news trading at all.
The news trading rule states that the 5-minute window before and 5 minutes after a high-impact news event is a time during which no trades in an affected asset are allowed. This includes market orders, stop-loss orders, and take-profit orders. This is a bit harsh, but unfortunately, common with firms now.

You can see above that the “Core Inflation Rate MoM” has a list of assets named as being affected by the announcement. The calendar clearly shows which markets you need to be careful with.
Swing trading is possible at Hola Prime, depending on the account you are using. While holding overnight isn’t an issue, the question then becomes when you are trying to hold over the weekend.
If you choose a Prime account, 1-Step, or 2-Step, you can hold trades for as long as you want, be it over the weekend or longer. However, with the 2-Step Pro account, as well as the Direct model, you must close any positions before 15:45 EST on Friday, or face the account being disabled. If you hold past that time on a 2-Step Pro account, you can request to have the account reinstated on Monday. However, Direct accounts are terminated immediately.
Scalping is possible, but there is a rule that plainly states HFT and tick scalping are forbidden. It isn’t clear how Hola Prime determines this, so it is a bit of an opaque situation.
Day trading is okay at Hola Prime, assuming you aren’t using an HFT algorithm or an Expert Advisor that they don’t like. That being said, you must keep in mind that the 2-Step Pro and Direct plans do not allow trading 5 minutes before or 5 minutes after a high-impact news event that directly affects the asset traded.
Leverage varies on the asset class, but the leverage on metals is 1:10, 1:5 on indices, 1:50 on forex majors and crosses, 1:5 on forex exotics, 1:2 on energies, and 1:1 on crypto. For some of these, the leverage offered is some of the lowest I have seen.
Expert Advisors are allowed, but Hola Prime states that you should present the code to them ahead of time if possible. Furthermore, they also plainly state that if others are using the same parameters with an EA, they may close your account.
Copy trading is allowed between your own accounts only.
There are 37 forex pairs, Gold/Silver, 4 cryptocurrencies, 3 energies, and 9 indices available for trading at Hola Prime.
Hola Prime’s challenges range from $59 for a $5K 1-Step Prime account to $1919 for a $300K 1-Step Prime account. This wide range of costs allows traders of all means to get involved. The numbers you should pay attention to are the “True Cost Per Dollar” metric, as it allows you to see where more value might be.
Overall, the base prices at Hola Prime are good when compared to many other firms and become even better when you look at the TCPD.
| Account Size | 1-Step Prime | 2-Step Prime | 2-Step Pro | Direct |
| $5K | $49 ($6.12 per $1) | $39 ($12.82 per $1) | $59 ($8.47 per $1) | $89 ($3.93 per $1) |
| $10K | $89 ($6.74 per $1) | $69 ($14.49 per $1) | $109 ($9.17 per $1) | $132 ($5.30 per $1) |
| $25K | $169 ($8.88 per $1) | $159 ($15.72 per $1) | $159 ($15.72 per $1) | $369 ($4.74 per $1) |
| $50K | $329 ($9.12 per $1) | $319 ($15.67 per $1) | $384($13.02 per $1) | $689 ($5.08 per $1) |
| $100K | $579 ($10.36 per $1) | $569 ($17.57 per $1) | $681 ($14.68 per $1) | $1049 ($6.67 per $1) |
| $200K | $1049 ($11.44 per $1) | $939 ($21.03 per $1) | $1199 ($16.68 per $1) | – |
| $300K | $1599 ($11.26 per $1) | – | – | – |
For my test, I chose the most popular choices which are the bi-weekly 80% payout.
True Capital per Dollar (TCPD)
A big mistake that a lot of prop traders make is thinking in terms of the nominal account size. The reality is that the actual account size should be thought of as the amount of drawdown you are allowed. The maximum drawdown is the number that matters, as if you lose more than it, you will lose the account. Unlike a live personal account, you do not have 100% of the capital to risk. In a prop firm, the total amount you are allowed to lose is rarely more than 10%.
For example, if you have a $100K account at a prop firm, and it has a 6% drawdown limit, you can only lose $6,000. In other words, it is a highly leveraged $6,000 account. When you take risks in the markets, make sure you are paying attention to this.
TCPD shows how much real usable trading capital you are getting for the price you pay to get the account. This is measured in terms of how many dollars you get for each dollar paid. The higher the TCPD, the better the deal is in this regard. A higher TCPD number means more usable capital per dollar spent.
Formula: TCPD = (Account Size × Max Drawdown %) ÷ Challenge Price
| Account | Max DD | Price | TCPD |
| $100K 1-Step Prime | 6% | $695 | $8.63 |
| $100K 2-Step Prime | 10% | $683 | $14.64 |
| $100K 2-Step Pro | 10% | $817 | $12.23 |
| Challenge Type | Funded Drawdown | Average TCPD | Industry Benchmark |
| 1-Step Prime | 6% | $10,72 | $7.90 |
| 2-Step Prime | 10% | $18.62 | $14.39 |
| 2-Step Pro | 10% | $15.05 | $14.39 |
| Direct | 7% | $5.71 | $4.98 |
Traders can ask for a refund via email if they have not traded the account. However, once you start trading, the only way to get a fee refund is to earn it. This means with every payout you get 25% of your fee back, so you will need to reach 4 payouts to get a full refund. Unlike most other firms, Hola Prime does not refund the fees as soon as you pass.
Hola Prime has reasonable trading conditions, but there are a few things that can be seen as a touch strict. The restrictions can change, depending on the account that you choose to take. The spreads and commissions are decent, and I found them, in general, to be in line with most industry averages.
Key Finding: The biggest hurdle for me was the fact that some of the rules are essentially written in a “judgment call” fashion. The first will also not allow the opening or closing of trades within 5 minutes before or after high-impact news. This includes positions that have been held previously. This is a particular issue with the 2-Step Pro account in the Funded phase. This also applies to the Direct Model, which is the name of their “Instant Funding” version.
I also didn’t like the idea of there being a rule against taking trades that had “no technical or fundamental reason.” Says who? This looks like an “out” for the firm if they wish to make it one.
Key positive: The biggest positive I found was that if you are amenable to the trading challenges and the rules, they also offer futures trading, and the costs were fairly good as far as spreads.
Key limitation: The inability to get out of a position 5 minutes before or after a news event can be a real issue for some traders. This essentially means that risk is magnified, as a stop-loss order might cause you to be terminated if it happens enough. This is the sticking point: There is no clear number of violations allowed.
Best for: This firm is best for those who are swing traders and prefer to take smaller positions. The short-term included should be ok, but there will be times when you have to be extra careful.
I tested the $5K 1-Step Challenge, using the TradeLocker platform. I traded mainly the US and Asian sessions, finding execution fair and timely. The overall behavior of TradeLocker performed well, and I found the platform intuitive. There was no slippage that I saw during my tests, although I wasn’t trading news in particular, when you might see it.
The dashboard at Hola Prime is pretty straightforward, and I found all of the information I needed quickly. The drawdown levels from both a daily and overall perspective, profit amount, and economic calendar were all easily accessed. There are even competition tabs, leaderboards, and agreements that you can easily see.
The Hola Prime Academy in the dashboard is a series of videos designed to teach you how to use the various platforms, which is a bit misleading. There are Hola Prime Academy videos on the site that anyone can access, and they are done really well. I can only assume this is an oversight by the company, as access for its traders via the dashboard would simplify things.
TradeLocker, Match-Trader, MetaTrader 4, MetaTrader 5, DXtrade, and cTrader are all available at Hola Prime. The spreads are good, with the EUR/USD being 1 pip, the industry average. The test was good, and everything I tested functioned as I would expect.
Hola Prime uses various types of leverage in the trading accounts, depending on the asset class and the type of account chosen. It is worth noting that Hola Prime states plainly that they can change leverage and margin requirements at their discretion.
| Instruments | Pro Accounts | Prime Accounts | Direct Accounts |
| Forex | 1:100 | 1:50 | 1:50 |
| Exotics | 1:10 | 1:5 | 1:5 |
| Indices | 1:10 | 1:5 | 1:5 |
| Metals | 1:20 | 1:10 | 1:10 |
| Commodities | 1:5 | 1:2 | 1:2 |
| Cryptos | 1:2 | 1:1 | 1:1 |
Hola Prime has both a raw spread and a commission-based fee structure. The spreads are generally industry average, as shown below. The spreads do vary at times, but the table below shows what I found during the US trading session. There are also swap charges or credits at the end of the session in some assets, as you would expect.
The spreads I found depended on the time of day for some markets, but in general, I see Hola Prime offering the same kind of spreads that I have seen at many other places. For example, in the US, trading the EUR/USD pair is generally 1.0 pips, while the gold market is 1.5 pips.
| Instrument | Hola Prime Spreads | Industry Average |
| EURUSD | 1.0 pips | 0.1 – 0.4 pips |
| US30 (DOW) | 2.0 pips | 1 – 2 pips |
| BTCUSD | 20.6 pips | 15 – 40 pips |
| GOLD | 1.5 pips | 1-2 pips |
Hola Prime charges a flat $3 per side, per lot commission on forex trades, on top of the spread for gold and forex. Other commodities $1.50 per side, per lot. Indices and crypto have no commission.
This means that you pay these fees on top of the difference between ask and bid (the spread) and will be charged per side. This means that when you buy a full lot in the forex market, you pay the $3 commission in the forex market, as an example, and then when you sell, you pay another $3 commission. This makes a round trip cost you $6, plus whatever the spread is in that pair.
Swap fees will be based on the liquidity provider, as is the case at all brokers or prop firms. This means that they are somewhat variable. For those looking for a swap-free account, you can have it, but it’s an extra 10% charge, something I have never seen.
The following table shows the fees for trading a full lot, without swap. Spreads can change, so this is to be used as a general guide more than anything else.
| Instruments | Trading Fees (w/o swap) + commission per side | Industry Average w/o commission |
| EURUSD | $3/lot + spread | $1-4/per lot |
| US30 (DOW) | $0/per lot + spread | $1-3/per lot |
| BTCUSD | $0/per lot + spread | $1.50-4.00/per lot |
| GOLD | $1.50/per lot + spread | $1.50-2/per lot |
Keep in mind that the spreads are ECN-based and therefore can fluctuate, possibly widening during illiquid times.
| Strategy | Hola Prime Interpretation |
| 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. |
| Account or Device Sharing | No account sharing is permitted. |
| Gambling / Speculative Trading | No grid trading, no use of excessive margin, strategies that are not replicable in real market conditions, and trading without considering technicals or fundamentals. Very vague list of terms. |
| 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. |
| Arbitrage Trading | It is prohibited to take advantage of discrepancies in price feed within a platform due to a technical glitch or price differences/delays across several platforms. |
| Using Expert Advisors and Algorithms | EAs, algorithms, and indicators; however, it is important to customize the settings to ensure that trading activity remains distinct from other traders. |
| Copy Trading | Copy trading is allowed between Hola Prime accounts. However, copying from external accounts is prohibited. |
| Hedging or Executing Reverse Trades | Hedging, or trading in two different directions in two different accounts, is prohibited. In the same account, it is permitted. |
| Tick Scalping or High-Frequency Trading | Using high-frequency expert advisors, algorithms, and fast communication networks to profit from small price fluctuations isn’t permitted. |
| News Trading | Allowed in Challenge Phase. In the Funded Phase, execution of trades 5 minutes before or after a high-impact news event is prohibited. This includes pending orders, such as stop loss or take profit. |
| Weekend Trading | Holding over the weekend is allowed in Challenge Phases, but not in Funded Phases. |
There are 37 forex pairs available, 9 global indices, 3 energies, 2 metals, and 4 cryptocurrencies available to trade at Hola Prime. You can trade these assets from the many different platforms that Hola Prime offers.
| Instruments | Number Available | Examples |
| Forex | 37 | EURUSD | USDJPY |
| Metals | 2 | XAUUSD | XAGUSD |
| Global indices | 9 | NAS100 | JPN225 |
| Crypto | 4 | BTCUSD | ETHUSD |
| Energies | 3 | USOIL | UKOIL |
Hola Prime offers 6 trading platforms. This allows traders to choose from some of the most well-known platforms in the CFD trading world, with each having its strong points. There will be a platform that suits your needs.
MetaTrader 5
MetaTrader 5 is offered to traders who aren’t based in the US. The platform is known for its intuitive display, excellent charting capabilities, ability to use Expert Advisors, and its customization. The ecosystem has a long history behind it and is the default choice for many traders worldwide.
MetaTrader 4
MetaTrader 4 has many of the same features as MetaTrader 5, including the charting, ability to use Expert Advisors, and ease of use. This is a platform that has been around for a few decades now, and many will choose it when they have an older Expert Advisor that isn’t written in the native MQL 5 language of MetaTrader 5.
Match-Trader
Match-Trader is a popular platform available. It has an easy-to-use navigation interface, and its intuitive design means that many of you will feel comfortable using it, even if you have never tried it in the past. Match-Trader has TradingView charts built into it, and many find that reason enough to choose it alone.
TradeLocker
TradeLocker is also offered at Hola Prime, with TradingView charts built in. The platform is very similar to Match-Trader, and most of the reason to choose this platform over Match-Trader is personal preference. That being said, although TradeLocker itself allows the building of “bots”, or Expert Advisors, from the “Bots Studio,” Hola Prime doesn’t.
cTrader
Hola Prime also offers cTrader, a popular platform known for its speed and ability to run automated strategies. cTrader is especially popular with short-term traders because of its speed. It has an intuitive interface and excellent charting for traders to work from. It also has the ability to send automated orders on the server directly, meaning it can be closed and the automated strategies can still be running.
DXtrade
DXtrade is also on offer at Hola Prime. DXtrade is often chosen by those looking to monitor a large number of trades, as it allows easy access to watching all positions. DXtrade is easy to use, and the charting is very similar to Match-Trader and TradeLocker. The platform is probably best thought of as one that investors or swing traders will enjoy.
Hola Prime does offer a swap-free account add-on. However, it should be noted that it is not free, and in fact, there is a 10% charge for this feature. For example, if you buy the 1-Step Prime $100,000 Challenge, the cost is $579. However, if you choose to buy the swap-free add-on, the additional fee of 10% will increase the total to $57.90 at the time of checkout.
There is no demo account available. However, you can access the trading conditions on a read-only demo account that the company makes available. This is used to see spreads and conditions more than anything else.
Any account inactive for 30 consecutive calendar days will be permanently suspended. A trading day at Hola Prime is defined as a day when you open at least one trade. Closing or modifying a trade doesn’t count as a trading day.
Once you pass the evaluation part of a challenge, you receive a funded account with the following rules and features, based on the account chosen:
| Challenge Type | 1-Step Prime | 2-Step Prime | 2-Step Pro | Direct |
| Max Daily Loss | 3% | 5% | 5% | 3% |
| Max Overall Loss | 6% | 10% | 10% | 7% (Trailing) |
| Leverage Up To | 1:50 | 1:50 | 1:100 | 1:50 |
| Rewards | Up to 95% | Up to 95% | Up to 95% | 80-90% |
| News Trading | Allowed | Allowed | Not Allowed | Not Allowed |
| Weekend Holding | Allowed | Allowed | Not Allowed | Not Allowed |
| EAs / Indicators | Yes | Yes | Yes | Not Allowed |
| Fee refund | 100% 4 steps | 100% 4 steps | 100% 4 steps | – |
The rules that Hola Prime uses are pretty consistent from the challenge to the funded stage, with the one big standout being news trading on the Pro 2-Step. This is allowed in the challenge phase, but not in the funded phase. There is also the re-entry rule and the 2% rule mentioned above that come into play. There is also a mandatory stop loss requirement that you need to place your SL 3 within 3 minutes of opening/closing your position. In general, though, the overall ruleset remains fairly stable and steady.
The Prime accounts are probably the more flexible, as weekend holding and news trading are allowed. The leverage is 1:50 on forex, but truthfully, that’s enough to do well. The 1-Step challenge has a 3% daily loss limit and a 6% total loss limit, which is fairly typical for the industry these days. The 2-Step Pro Challenge has a daily loss limit of 5% and a maximum overall loss limit of 10%, again, fairly typical. The Direct account is more restrictive, as is normally the case with direct funding accounts at prop firms.
There is a consistency rule at Hola Prime for their Direct Account, which, of course, is instant funding; this rule suggests that no one day can be more than 20% of your overall gains when you withdraw profits. If you find yourself with more than 20% of your profits on any single day, then you need to continue to trade and gain until that day is less than 20%.
However, this isn’t the only time you will see a consistency rule. If you are trading any of the other types of accounts and choose the “on-demand payout”, then your consistency level is 40%.
The scaling at Hola Prime works over a period of 4 month. The requirements are as follows:
Once you have proven you have met all these requirements you can scale you account up to 4 million. Your first scaling will be 25% of your account and then because once you’ve reached the 2nd scaling stage you have ‘Alpha Prime Membership’ and can get 40% scaling (the normal 25% plus 15% for membership). Eventually you can get up to a 50% increase until you reach 4 million.
You have to request to scale it’s not automatic
The KYC process was done directly through the dashboard and was simple and fast. The process I used was scanning a QR code on my phone and then uploading a few images, in my case, a passport and a selfie. Other forms of ID can be a driver’s license or a permanent residence permit as well.
The total process just took a few minutes to become verified and eligible for future payouts.
Hola Prime processes payouts via RiseWorks, bank wire, and cryptocurrencies. The process is simple and can be started via the Hola Prime dashboard. There is a payout tab, and a few clicks later, the process starts. Hola Prime boasts a 1-Hour payout timeline.
The payout scheme at Hola Prime is the same for each account type. Hola Prime will need you to do KYC paperwork before you trade in the sim funded account, and can request an interview before a payout in extreme circumstances.
| Payout Type | Payout Frequency | Min. Payout | Other Conditions |
| Rise | Conditions of account met. Then, the choice of payout frequency at sign-up. | $500 | Flat processing fee (Rise) of $25 |
| Bank Wire | Conditions of account met. Then, the choice of payout frequency at sign-up. | $50 | Bank wire fees are possible, depending on the bank |
| Crypto | Conditions of account met. Then, the choice of payout frequency at sign-up. | $50 | Cryptos include BTC, USDC, ETH, USDT (ERC-20 and TRC20) |
At Hola Prime, there are multiple profit splits available to the trader. The default payout cycle is bi-weekly, and is 80%. However, there are other add-ons that you can get, with the on-demand, which offers 80% as well, but comes with the 40% consistency rule. The other option is the monthly payout, which allows for a 95% payout rate.
| Features: | 2-Step Pro | 2-Step Prime | 1-Step Prime | Direct Account |
| Payout Cycle |
|
|
|
|
| Reward Requirements |
|
|
|
|
When you sign up for your challenge, you can choose your payout frequency. This will have an influence on how the payout situation behaves. The funded account needs a specific number of profitable days, which will start over each time you take a payout. The percentage of the payout is also based on the frequency you choose.
An example would be if you bought a 2-Step Prime account with bi-weekly payouts, you will need to have 3 profitable days, which means 0.5% of your initial balance. So, if you had a $100K account, you would need 3 days where you make more than $500. After 2 weeks, you take your payout, and then the clock starts over again. You will need to wait another two weeks and have another of those 3 profitable days. This choice allows you to receive 80% of the gains.
| Categories | Details |
| Profit Split | 80% Bi-weekly / 80% On-demand / 95% Monthly |
| Payment Method | Rise, bank transfer, and crypto |
| Fees | $25 (Rise) |
| Processing Time | 1 hour |
| Payout Frequency | Bi-weekly, On-demand, and Monthly |
| Minimum Withdrawal | $50 bank wire and crypto, $500 on Rise |
Hola Prime offers around-the-clock support via chat, email, and Discord. Initial contact is via an AI chatbot, which can link you to a live agent. The chatbot isn’t bad, but it has a lot of typical answers that you would expect from one. It will often give you links to more information on questions you may have.
Key finding: All of the channels that Hola Prime offers are available around the clock, but the response time from a human agent can take longer, depending on the time of day or if it is the weekend.
Key positive: The chatbot was good, and the fact that it could send me to the relevant FAQ section was a good sign. I had a good conversation with a live agent as well, who was very helpful about the questions I asked. The Discord channel is fairly active also, but the amount of communication depends on the time of day, it seems.
Key limitation: The AI chatbot is good, but it is obviously a third-party one. (Most are.) This means that the answers are good, as long as they are something that can be answered by other information on the website. This isn’t a knock on Hola Prime, just the reality of the limitations of AI.
Prop firms are getting better at customer service, as the number of prop firms continues to climb. I found Hola Prime acceptable in its response time and its explanations. The support was quick during the EU and US sessions, with an email question being answered within the hour.
| Channel | Address | Availability | Response Time |
| Live Chat (AI bot initially) | https://holaprime.com | 24/7 | Immediately |
| Email (Web form) | https://holaprime.com/contact-us/ | 24/7 | Within 24 hours |
| Discord | https://discord.com/invite/hjDcUcEfgA | 24/7 | Under 15 minutes during the week |
I tested all support channels at Hola Prime, with the AI chatbot being the first one. The chatbot gave me some basic answers, such as the availability of assets, the trading platforms available, and the usual basic questions. It handled it well and gave me the answers, or the link to find the answers, sometimes even both, depending on the question.
You have the ability to talk to a live person, but the chatbot is the first place to go. The live chat was helpful as well, and the AI chatbot allows you to jump to a real person anytime you want. The standard question I ask these agents when I test them is about the MetaTrader 5 platform and whether or not I can use it. (I am an American.) They were quick to say no, and to explain why. I found the responses quick and knowledgeable.
Discord is active, and the frequency of chat is relatively quick. That being said, this is more likely than not going to vary during the weekends, but at this point, from what I have seen, there are plenty of staff members and other traders that can help with any issues you have.
Education is part of the appeal for Hola Prime as well, with a long series of videos on various assets, trading styles, and technical analysis principles. This “academy” is well thought out and pretty comprehensive for those looking to learn the basics and beyond when it comes to trading.
The instructors are all knowledgeable, and the depth of material was solid. The education area not only features plenty of CFD-related videos, but also features a futures-based list for their futures prop firm. Hola Prime has a long list of topics covered, and although the general quality of education at prop firms is somewhat basic, I would say that Hola Prime is a bit better than many of the other companies that I have looked at over the last several years.
Hola Prime is a firm that many people have been talking about for a couple of years. This is a prop firm that also offers futures trading and has its own brokerage for those who are looking to trade their own money. This suggests a lot of stability, but it is worth noting that they are fairly young. This is probably the biggest problem that many will have with them.
The platform choices will suit almost everyone, as the MetaTrader 4, MetaTrader 5, cTrader, Match-Trader, Dxtrade, and TradeLocker are all available. However, there is no TradingView choice if that’s important to you. The various challenges are also going to make sure that almost anyone who wants to will be able to get involved.
There are some limitations here. This includes some of the trading fees being high, but there are a few rules that I really don’t like. Many of them seem to be written in a vague way, allowing the potential for a denial of payout or termination of the account, pretty easily.
The trading conditions are fair if not a bit high, and I didn’t really see much in the way of an issue when it comes to spreads or even commissions. The consistency rule for a Direct account is a bit tough, and I really don’t like the news trading limitations on some of the accounts or the risk per trade rule. Make sure you know what is allowed before you press any button. The leverage changes depending on the account, but even the “lower leverage” of 1:50 on forex pairs is less than other firms but still acceptable in my opinion.
Hola Prime is probably better suited for swing traders, assuming you are using the Prime accounts. In fact, those are the ones I find interesting by a wide margin. The Direct Model is okay, but let’s be honest here: There aren’t many firms that offer great conditions with a direct account. I am not impressed by the Pro account, and I suspect it is only a matter of time before it goes away.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
At FXEmpire, we strive to provide unbiased, thorough and accurate prop firms reviews by industry experts to help our users make smarter financial decisions.