Hola Prime

What We Like

• ✓Wide platform selection (six total)
• ✓Multiple evaluation paths (Instant, 1-Step, 2-Step)
• ✓Relatively young but already offering broad asset coverage (forex, metals, indices, crypto, commodities)

What Could Be Better

• ✗Strict list of prohibited strategies (arbitrage, high-frequency trading, latency exploitation, etc.) — could frustrate more active/algorithmic traders
• ✗Daily drawdown breach appears to trigger account closure rather than a warning-only system, which is stricter than some competitors

Prime accounts have zero news trading restrictions, while Pro/Direct Funded accounts strictly ban any trade executions—including your stop-loss or take-profit triggers—within a 10-minute window (5 minutes before to 5 minutes after) around high-impact economic news releases.

Hedging is fully allowed between your own accounts on Hola Prime, meaning you can open opposing buy and sell positions on the same or multiple accounts under your name to manage risk. However, external or cross-firm hedging is strictly prohibited, meaning you cannot use a Hola Prime account to hedge against a position at another prop firm or external broker.

Fully allowed between your own accounts, meaning you can link multiple challenges or funded accounts owned by the exact same individual. However, copying trades from external accounts, other prop firms, or third-party signal services is strictly prohibited.

Automated trading bots and Expert Advisors (EAs) are fully allowed on Prime and Pro Challenge accounts to help manage your setups, but they are strictly banned on Direct Model accounts. However, your EA must not utilize prohibited toxic strategies such as high-frequency trading (HFT), latency arbitrage, tick scalping, or grid/martingale variations that risk blowing the account.