Overview
Hola Prime is a Forex proprietary trading firm that stands out with its 1-hour payout feature, making it the fastest in the industry. Founded in 2024, the firm offers a range of platforms and assets, including Forex, Indices, Metals, and Crypto. With a starting price of $38, Hola Prime aims to provide an accessible and competitive environment for traders.
Challenge Structure & Pricing
Hola Prime's 2-Step challenge structure is designed to evaluate a trader's skills, with a maximum drawdown of 10%. The starting price of $38 is relatively low compared to other firms in the market. However, it's worth noting that the profit split may be lower for traders who opt for the faster payout frequency, which could be a consideration for some traders.
Profit Split & Payouts
Hola Prime offers a profit split of up to 90%, with the option for up to 95% for certain traders. The firm's bi-weekly payout frequency is a notable feature, with the added option of 1-hour payouts for faster access to funds. While the payout reliability is not explicitly stated, the firm's overall structure suggests a commitment to regular and timely payouts.
Trading Conditions
Hola Prime supports a range of platforms, including MT5, cTrader, MT4, Match-Trader, DXtrade, providing traders with flexibility and choice. The firm offers a range of assets, including Forex, Indices, Metals, and Crypto, with weekend trading available. However, specific details on spreads and other trading conditions are not provided.
Trust & Reputation
With a Trustpilot score of 4.4/5 based on 695 reviews, Hola Prime has established a strong reputation in the market. The firm's payout track record is not explicitly stated, but the overall sentiment from the community is positive. As a newer firm, founded in 2024, Hola Prime is still building its reputation, but the current indicators suggest a trustworthy and reliable partner for traders.
Who Is It Best For?
Hola Prime is best suited for traders who value flexibility, speed, and competitive profit splits. The firm's range of platforms and assets, combined with its fast payout feature, make it an attractive option for traders who need quick access to their funds. However, traders who are sensitive to drawdowns may need to exercise caution due to the firm's trailing drawdown feature.
The Bottom Line
In conclusion, Hola Prime offers a competitive and flexible proprietary trading environment, with a range of platforms and assets available. While the firm's newer status and trailing drawdown feature may be considerations for some traders, the overall package, including fast payouts and a strong reputation, makes Hola Prime a viable option for traders looking to grow their careers. With its low starting price and high profit split potential, Hola Prime is definitely worth considering for traders who value speed and flexibility.
This review was generated by AI based on publicly available data and may not reflect the most recent changes.
