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Hola Prime review

Hong Kong prop firm since August 2024 offering forex and futures challenges with 1-hour payouts

CEO
Somesh Kapuria
Headquarters
Hong Kong
Founded
2024
In business
2 years
Trustpilot
4.5(3.9K)

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B

Our grade

Good

7.1 / 10 · #3 of 22

4.5

Trustpilot

3.9K reviews

  • 5★84%
  • 4★6%
  • 3★1%
  • 2★1%
  • 1★9%
Pass rate35%
Hidden riskHigh
Payouts7.7/10
Max allocation$800K
Cheapest $100K$569
Programs6

Hola Prime rules & hidden risks

The fine print that costs traders accounts

Hidden Risk score

4.2/10

Hidden risk 4.2 out of 10, High

High risk

Average: 5.5

Hola Prime's headline numbers (6-10% profit targets, 2-3 minimum trading days, no consistency rule on Prime plans) are straightforward, but real risk sits in enforcement: an unpublished 'consistency score' gates several payout paths, device/VPS-sharing flags have hit single-device traders, and a 2% per-trade-idea rule that aggregates re-entries within 10 minutes is the top complaint theme in our review sample.

Hidden rules to know before you buy

  1. highstrategy

    2% max-risk-per-trade-idea rule aggregates re-entries and overlapping positions

    On every CFD funded account, risk from overlapping positions or any same-direction re-entry within 10 minutes is summed into one 'trade idea' capped at 2% of the initial balance; breaching it is a hard termination, and it is the most common complaint theme in our negative-review sample.

    Source
  2. highdiscretion

    Device, VPN, VPS and IP sharing can be flagged without evidence shown to the trader

    Multiple reviewers using a single personal VPS report accounts breached for 'device sharing' with no proof provided back to them; Hola Prime's published policy outlines the rule but not its detection or appeals process.

    Source
  3. highkyc

    Access can be revoked by country after a challenge fee is already paid

    Hola Prime restricts roughly 30 countries including India and Pakistan, and at least one 2026 reviewer reports the country block was enforced only after their challenge fee had been accepted and an account funded.

    Source

The rulebook

Drawdown4 rules
  • 1-Step Prime and 2-Step Prime/Pro (CFD): daily loss is 3% (Prime) or 5% (Pro) of the previous day's closing balance; max loss is a static 6% (Prime) or 10% (Pro) floor off the initial balance.
  • 2-Step Pro tightens to 4% daily / 8% max loss (still static) on the $200K account size only; other sizes use 5%/10%.
  • Direct (CFD): 3% daily loss, 7% max loss on an end-of-day trailing basis that locks at the starting balance once open profit equals the drawdown amount.
  • Futures (1-Step Prime and Direct): trailing max loss is 4% on $25K/$50K accounts and 3% on $100K/$150K accounts; Direct futures also carries a 2.5% 'soft breach' daily loss limit.
Risk per trade & consistency4 rules
  • A 2% max-risk-per-trade-idea rule applies to every CFD funded account: overlapping same-asset positions and any same-direction re-entry within 10 minutes are summed into one 'trade idea,' and a mandatory stop loss is required on every trade.
  • On-Demand CFD payouts need a 40% 'consistency score' (20% on Direct, 35-40% on futures); Hola Prime does not publish how the score is calculated.
  • Bi-Weekly and Monthly CFD payouts instead require 3 or 7 'profitable days' (each at least 0.5% of initial balance) in the cycle.
  • The Prime Consistency Program (PCP) can apply additional, discretionary measures to accounts Hola Prime judges to show 'elevated risk or inconsistency.'
Prohibited strategies & EA policy4 rules
  • Banned outright: gambling-style/grid trading, excessive margin use, tick scalping/HFT, arbitrage, cross-account or group hedging, gap trading, account rolling, overleveraging, martingale/DCA, account or device sharing, and one-sided betting.
  • Expert Advisors are prohibited by default; the EA add-on only works on MT5 (not on Direct accounts), requires declaring the strategy, and bans using another trader's signals for copy trading.
  • Switching between EA/algo and manual trading, or materially changing asset classes or risk exposure, between the Challenge and funded stages is treated as a rule violation.
  • TradeLocker and Match-Trader are only available to US and UK traders; other countries are routed to different platforms.
News, weekend & copy trading4 rules
  • 1-Step Prime and 2-Step Prime (CFD): news trading and weekend holding are unrestricted, on both the Challenge and funded stages.
  • 2-Step Pro and Direct (CFD): no new orders within 5 minutes of a high-impact release on the funded stage, and all positions are force-closed by 15:45 EST Friday (Direct: a hard breach if anything is left open).
  • Futures 1-Step Prime explicitly allows news trading; Hola Prime's own futures Direct page gives conflicting guidance on whether news trading is allowed there.
  • Copy trading is allowed only between a trader's own Hola Prime accounts, capped at one master and one copier account on the funded stage; copying another firm's account into Hola Prime is banned.
Account, KYC & country rules4 rules
  • Hola Prime does not serve roughly 30 countries, including Afghanistan, China, India, Iran, Pakistan, Russia and Yemen; several reviewers report the block was enforced only after a challenge fee had already been paid.
  • Maximum funded allocation is $400K per CFD or futures category ($800K combined); traders from certain unnamed countries are capped at $90K instead.
  • Funded CFD accounts are capped at four $50K, two $100K or one $200K account at a time.
  • Accounts with no trade opened in 30 consecutive calendar days are permanently suspended.
Payouts4 rules
  • Three CFD payout cycles to choose from: On-Demand (80% split, anytime once eligible), Bi-Weekly (80% split, every 14 days) and Monthly (95% split, every 30 days, +20% on the account fee); Direct offers Bi-Weekly at 80% or 90%.
  • Futures payouts are Weekly at a 90% split on both the 1-Step Prime and Direct futures accounts.
  • A 2.5% payout processing fee applies to every method, with a $25 minimum on bank wire/Rise and $5 minimum on crypto; Rise payouts need a $500 minimum.
  • Every payout goes through an account review (up to 24 business hours) before release; Hola Prime says the transfer itself is typically completed within an hour of approval.

What Hola Prime allows

  • RestrictedEAs / botsRestricted

    Banned by default; the paid EA add-on works only on MT5 (not on Direct accounts) and requires declaring the EA strategy and avoiding signal-based copy trading

  • RestrictedNews tradingRestricted

    Unrestricted on 1-Step/2-Step Prime; 2-Step Pro and Direct block new orders for 5 minutes around high-impact releases on the funded stage. Hola Prime's own futures Direct page gives conflicting guidance on this plan

  • RestrictedWeekend holdingRestricted

    Allowed on 1-Step/2-Step Prime; 2-Step Pro and both Direct accounts force-close positions by 15:45 EST Friday

  • AllowedOvernight holdingAllowed

    Shown as allowed across the published rules widgets; not separately restricted beyond the weekend-close rule on Pro/Direct accounts

  • RestrictedCopy tradingRestricted

    Only between a trader's own Hola Prime accounts, capped at one master plus one copier account on the funded stage; copying another firm's signals in is banned

  • RestrictedHedgingRestricted

    Cross-account or group hedging is a listed prohibited strategy; hedging within a single account is not separately addressed in the published rules

  • RestrictedScalpingRestricted

    Tick scalping and HFT-style execution are banned as prohibited trading practices; ordinary short-term scalping is not separately addressed