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Hola Prime

Active
Hong Kong·Founded 2024
No rating
Visit Website
From$55
·
Split80%
·
PlatformsMT4, MT5, cTrader, MatchTrader, DXtrade, TradeLocker
Payoutbi-weekly
Reviewed by PropFirm201 Research Team·

At a Glance

Profit Split
Up to 80%
Starting From
$55
Platforms
MT4, MT5, cTrader, MatchTrader, DXtrade, TradeLocker
Instruments
Forex, Indices, Commodities, Crypto, Futures
Drawdown Type
Balance Based, Trailing
Payout Frequency
Bi-weekly
US Friendly
No
Free Trial
No
EA Allowed
Yes

Hola Prime Homepage

Hola Prime homepage screenshot

Pricing & Challenge Types

Pro 1-Step

1 phase · 80% profit split · Scaling available

Account SizePriceTarget P1Daily LossMax DD
$5,000$6510%3%6%
$10,000$12010%3%6%
$25,000$23010%3%6%
$50,000$37010%3%6%
$100,000$59010%3%6%
$200,000$99010%3%6%
$300,000$135010%3%6%
Min Trading Days: 2Drawdown: Balance Based

Pro 2-Step

2 phases · 80% profit split · Scaling available

Account SizePriceTarget P1Target P2Daily LossMax DD
$5,000$558%5%5%8%
$10,000$998%5%5%8%
$25,000$1998%5%5%8%
$50,000$3298%5%5%8%
$100,000$5298%5%5%8%
$200,000$8898%5%5%8%
$300,000$11998%5%5%8%
Min Trading Days: 3Drawdown: Balance Based

Direct (Instant Funding)

0 phases · 80% profit split · Scaling available

Account SizePriceTarget P1Daily LossMax DD
$5,000$125N/A3%5%
$10,000$235N/A3%5%
$25,000$499N/A3%5%
$50,000$899N/A3%5%
$100,000$1599N/A3%5%
Min Trading Days: 0Drawdown: Trailing

Hola Prime Plans Page

Hola Prime plans page screenshot

Pros & Cons

Pros

  • Six platform options including MT4, MT5, cTrader, MatchTrader, DXtrade, and TradeLocker
  • Flexible profit split options: 65% weekly, 80% bi-weekly, or 95% monthly
  • One-hour average payout processing time
  • Regulated by FSC Mauritius as an Investment Dealer
  • Both forex and futures trading available
  • Low minimum payout of $20

Cons

  • Trustpilot rating was removed due to flagged suspicious reviews
  • Very new firm (founded June 2024) with limited track record
  • News trading restricted on Pro challenges (challenge phase only)
  • Higher prices for instant funding accounts

Trading Rules

News Trading
Weekend Holding
Expert Advisors
Copy Trading
Scalping
Hedging

About Hola Prime

Hola Prime is a proprietary trading firm founded in June 2024 by CEO Somesh Kapuria, headquartered in Hong Kong with offices across India, Cyprus, UK, Comoros, Mauritius, and Dubai. The firm serves traders in over 175 countries and is authorized and regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer.

What sets Hola Prime apart is its exceptional platform variety, offering six different trading platforms: MT4, MT5, cTrader, MatchTrader, DXtrade, and TradeLocker. The firm also provides flexible payout options, allowing traders to choose between 65% weekly, 80% bi-weekly, or 95% monthly profit splits based on their preference.

Hola Prime reports an average payout processing time of one hour and offers both CFD and futures trading. However, the firm's Trustpilot profile was flagged for suspicious reviews, resulting in the removal of its overall rating despite 80% of reviews being 5-star.

How It Works

Hola Prime offers multiple evaluation paths:

Pro 1-Step: Single phase with a 10% profit target, 3% daily loss limit, and 6% static maximum drawdown. Minimum 2 trading days with no time limit.

Pro 2-Step: Phase 1 requires an 8% profit target and Phase 2 requires 5%. Daily loss limit is 5% with 8% static drawdown. Minimum 3 trading days per phase.

Prime Challenges: Similar structure to Pro but with lower leverage (1:30) and no consistency rules.

Direct (Instant Funding): No evaluation required. Start trading immediately with a 3% daily loss limit and 5% trailing drawdown.

Futures: Dedicated challenge or direct funding for futures traders.

Pricing & Plans

Account Size Pro 1-Step Pro 2-Step Direct
$5,000 $65 $55 $125
$10,000 $120 $99 $235
$25,000 $230 $199 $499
$50,000 $370 $329 $899
$100,000 $590 $529 $1,599
$200,000 $990 $889 N/A
$300,000 $1,350 $1,199 N/A

Leverage: Up to 1:100 on Pro accounts, 1:30 on Prime accounts.

Rules & Restrictions

  • Maximum Daily Loss: 3-5% depending on challenge type.
  • Maximum Overall Loss: 5-8% depending on challenge type.
  • Minimum Trading Days: 2-3 days per phase.
  • Time Limit: Unlimited.
  • News Trading: Allowed on Prime and Direct; restricted on Pro challenges.
  • Weekend Holding: Allowed with varying restrictions.
  • Expert Advisors: Allowed on Pro and Prime.
  • Hedging: Allowed within the same account.
  • 2-Minute Minimum Trade Duration: Required.

Payouts

  • Frequency: Weekly (65% split), bi-weekly (80% split), or monthly (95% split).
  • Methods: Bank wire, crypto (BTC, ETH, USDT, USDC), Rise.
  • Minimum Withdrawal: $20.
  • Processing Time: Average 1 hour.
  • No additional payout fees.

Is Hola Prime Legit?

Hola Prime is regulated by the FSC Mauritius as an Investment Dealer, which is a notable distinction in the prop firm space where most firms are unregulated. The firm has offices in multiple countries and a disclosed CEO.

However, significant concerns exist. Trustpilot flagged the firm's review profile for suspicious activity, removing its overall rating. While 80% of reviews were 5-star, the flag raises questions about review authenticity. As a firm launched in June 2024, it also lacks the operational history to fully establish trust. Traders should start with smaller accounts to verify payout reliability.

FAQ

What is Hola Prime?

Hola Prime is a Hong Kong-based prop firm founded in June 2024, regulated by FSC Mauritius. It offers funded accounts up to $300,000 through multiple challenge types and supports six different trading platforms.

How much does Hola Prime cost?

Challenge fees start at $55 for a $5,000 Pro 2-Step account and go up to $1,599 for a $100,000 Direct (instant funding) account.

Why was Hola Prime's Trustpilot rating removed?

Trustpilot flagged the firm's review profile for suspicious activity related to review authenticity, despite 80% of reviews being 5-star.

What makes Hola Prime's payout system unique?

Traders can choose their payout frequency: weekly (65% split), bi-weekly (80% split), or monthly (95% split), with an average processing time of just one hour.

Is Hola Prime available in the US?

US availability is not explicitly confirmed. The firm has extensive restricted countries lists that traders should check.

Frequently Asked Questions

What is Hola Prime?
Hola Prime is a Hong Kong-based prop firm founded in June 2024, regulated by FSC Mauritius. It offers funded accounts up to $300,000 through multiple challenge types and supports six different trading platforms.
How much does Hola Prime cost?
Challenge fees start at $55 for a $5,000 Pro 2-Step account and go up to $1,599 for a $100,000 Direct (instant funding) account.
Why was Hola Prime's Trustpilot rating removed?
Trustpilot flagged the firm's review profile for suspicious activity related to review authenticity, despite 80% of reviews being 5-star.
What makes Hola Prime's payout system unique?
Traders can choose their payout frequency: weekly (65% split), bi-weekly (80% split), or monthly (95% split), with an average processing time of just one hour.
Is Hola Prime available in the US?
US availability is not explicitly confirmed. The firm has extensive restricted countries lists that traders should check.