Hola Prime Prop Firm Review – What You Need to Know in 2025
Hola Prime, founded in August 2024 and headquartered in Hong Kong, with operations in Dubai, Cyprus, India, and the UK, is a proprietary trading firm led by CEO Somesh Kapuria. Offering virtual funded accounts from $5,000 to $300,000, scalable to $4 million, it provides profit splits up to 95% and supports trading in forex, indices, commodities, and cryptocurrencies. With over $30 million in payouts and a 4.6/5 Trustpilot rating from 1,279 reviews, Hola Prime emphasizes transparency but faces concerns over payout issues and review authenticity.
Hola Prime Best suited for:
- Beginners: Affordable fees starting at $49 and free trial accounts.
- Intermediate traders: Flexible one-step, two-step, and direct funding options.
- Experienced traders: High profit splits, instant funding, and on-demand payouts.
- Scalpers and algorithmic traders: Supports EAs and news trading with high leverage.
Pros & Cons of Hola Prime
Pros
High Profit Splits: Up to 95%, starting at 80%, with 10% from challenge profits.- Low Fees: Challenges start at $49 for a $5,000 account, refunded with first payout.
- No Time Limits: Unlimited trading days for most evaluations, enhancing flexibility.
- Fast Payouts: Processed within 1 hour, with a 99.9% completion rate.
- Transparency Features: Daily Price Transparency Reports compare tick-by-tick data with market benchmarks.
- Multiple Platforms: MetaTrader 5, cTrader, DXtrade, and Match-Trader.
Cons
Weekend trading not available on most accounts:- Payout timelines may vary based on verification speed:
How Does Hola Prime Work? (Step-by-Step Guide)
- Choose an account size & challenge type: Pro, Prime, or Direct ($5,000-$300,000).
- Pass the evaluation: 10% profit for one-step
- 8% then 5% for two-step
- none for Direct.
- Get funded: Trade a demo account with real profit potential via partnered brokers.
- Profit splits & payouts: 80%-95% split, paid bi-weekly or on-demand within 1 hour.
Hola Prime Account Types & Funding Options
- Account sizes: $5,000 to $300,000, scalable to $4 million. Funding models: o Pro Challenge: One-step or two-step, 10% or 8%/5% profit targets, 100:1 leverage, restricts news/weekend trading. o Prime Challenge: One-step or two-step, same targets, 50:1 leverage, allows news/weekend trading. o Direct Account: Instant funding, no evaluation, 5% daily/5% trailing drawdown. Profit splits: 80% default, up to 95% with add-ons or scaling. Challenge fees: $49-$1,599, refunded with first payout.
Profit Targets & Payouts
- Profit targets: 10% for one-step
- 8% then 5% for two-step
- none for Direct accounts.
- Payouts: Via bank transfer, crypto (USDT, BTC), PayPal, or Hola Prime Visa Cards, processed within 1 hour.
- Payout frequency: Bi-weekly standard, on-demand with add-on, no fees charged.
- Maximum drawdown: 5%-8% overall, varies by program.
- Daily drawdown limit: 3% (one-step), 5% (two-step/Direct), reset daily.
- Comparison: Hola Prime’s 3%-5% daily drawdown aligns with FundedNext but is stricter than Topstep (2%-4%)
- its 1-hour payouts are faster than FTMO’s bi-weekly schedule.
Leverage & Trading Conditions
- Leverage: Up to 1:100 for forex (Pro), 1:50 (Prime), 1:20 for indices, 1:10 for commodities/crypto.
- Lot size restrictions: None, but risk rules apply, including news trading restrictions.
Allowed & Restricted Trading Strategies
Allowed Trading Strategies
- Scalping: Short-term trades on small price movements.
- Swing Trading: Holding positions for days or weeks.
- News Trading: Allowed in Prime accounts, restricted in Pro/Instant accounts within 5 minutes of high-impact news.
- Overnight/Weekend Trading: Allowed in Prime accounts, restricted in Pro accounts.
- Expert Advisors (EAs): Supported, but unique settings required to avoid flagging.
Restricted Trading Strategies
- Arbitrage Trading: Exploiting price discrepancies or glitches.
- High-Frequency Trading (HFT): Ultra-fast trades measured in seconds.
- Copy Trading Across Accounts: Coordinating trades between users or accounts.
- Inconsistent Trading: XAUUSD-only or erratic strategies flagged as unsustainable.
- Exploiting Platform Errors: Taking advantage of glitches or delays.
How Long Does It Take to Get Funded by Hola Prime?
- Challenge duration: Unlimited, with no minimum trading days
- 30-day inactivity leads to suspension.
- Evaluation speed: One-step can take days
- two-step takes 1-2 weeks
- Direct is instant.
- User experiences: Fast funding praised (24-48 hours post-KYC), but payout issues reported on occasion.
How Long Has Hola Prime Been Around?
Hola Prime has been operating since August 2024, with over $30 million in payouts. Its Trustpilot rating (4.6/5 from 1,279 reviews) reflects positive feedback, but a March 2025 review purge of 1,300+ fake reviews raises concerns. Compared to The 5%ers (since 2016), its short history suggests caution.
Who Owns Hola Prime? (Founder & Company Background)
Founder(s): Somesh Kapuria, former Citibank and BlackRock executive. Company headquarters: Hong Kong, with offices in Dubai, Cyprus, India, and the UK. Mission & vision: To create a transparent prop trading environment with fast payouts and trader support, backed by daily price transparency reports. Regulatory status: Unregulated, partners with tier-1 liquidity providers and operates under a Comoros broker license, with a Mauritius FSC application pending.
What Can You Trade with Hola Prime? (Supported Markets & Assets)
Markets offered: Forex, indices, commodities, cryptocurrencies. Forex pairs: Major, minor, and exotic pairs (e.g., EUR/USD, USD/JPY). Indices & commodities: S&P 500, NASDAQ, gold, silver, oil. Crypto trading: Bitcoin, Ethereum, and 100+ altcoins via on-exchange pricing. Restrictions: No HFT, arbitrage, or news trading in Pro accounts within 5 minutes of high-impact events, 30-day inactivity rule.
Does Hola Prime Offer Education & Trader Support? (Learning Resources & Coaching)
Prime Academy with lessons, trading videos, and personalized performance reviews for failed challenges. Trader development: Coaching from experts like Christopher Lewis, focusing on trading psychology and risk management. Coaching programs: Live YouTube sessions with specialized coaches (e.g., Igor for analytics). Community & networking: Active Discord community with strategy sharing and payout proofs.
How Good is Hola Prime’s Customer Support? (Response Time & Availability)
Support channels: Live chat, email, phone, Discord, available 24/7. Response times: Typically within minutes, praised for staff helpfulness. Operating hours: 24/7 support claimed, though live chat may lag during peak times. Trader feedback: Positive for quick resolutions and KYC assistance, negative for vague responses on payout and platform issues.
Is Hola Prime a Scam or a Legit Prop Firm?
Hola Prime is a legitimate prop firm, verified by Hong Kong registration (Hola Prime Limited), a 4.6/5 Trustpilot rating from 1,279 reviews, and over $30 million in payouts. Its Price Transparency Reports and partnership with regulated brokers enhance credibility. However, concerns include payout denials for vague reasons (e.g., XAUUSD-only trading, stop-loss violations during news), a Trustpilot review purge in March 2025 for fake reviews, and platform issues like slippage. Traders warn of unfair stop-loss policies, where trades closed within 5-minute news windows trigger account breaches, even if opened earlier. Social media praises 1-hour payouts but flags risks.
Alternatives to Hola Prime – How It Compares
- FTMO: Higher trust score (4.9/5), 90% split, but stricter rules and no instant funding. The 5%ers: Up to 100% split, no crypto, excludes US traders, more established (since 2016). FundedNext: 95% split, 15% challenge profits, but no price transparency reports.
Final Verdict – Should You Trade with Hola Prime?
Hola Prime is best for traders seeking fast payouts (1-hour processing), high profit splits (up to 95%), and flexible funding options, including instant funding and crypto trading. Its Price Transparency Reports, Prime Academy, and no-time-limit evaluations are standout features, supported by a vibrant Discord community. However, its short history since 2024, unregulated status, payout issues for vague reasons (e.g., stop-loss violations during news), and Trustpilot’s fake review purge raise significant concerns compared to established firms like FTMO or The 5%ers. Traders should research recent feedback, test the free trial, and proceed cautiously in 2025, balancing Hola Prime’s innovative transparency with potential risks.
