Forex firms comparator

L1, Shaw House, 201 Wan Po Road, Tseung Kwan O

30/1, Kenilworth Court, Sir Augustus Bartolo Street, Ta’Xbiex , Malta

Somesh Kapuria

Gary Mullen

Hong Kong

Malta

2024

2023

Pro and Prime: 100% of the fee paid is refunded with the fourth successful payout from the same account, not available on Direct. Cancellation refunds must be requested within 14 days without any trading activity.

• Challenge fee credited back after passing and claiming first reward (Classic and One-Phase)
• Pro Challenges are not eligible
• Full refund available for mistaken purchases within 14 days if no trades were placed

2.5% per payout. Minimum fee: USD 25 for bank wire or Rise; USD 5 for crypto.

Pro and Prime: on-demand, biweekly or monthly cycle selected at purchase; it cannot be changed later. Direct: every 14 days from the first trade in the cycle. After a payout, a new trade starts the next cycle.

• Standard: bi-weekly (14 days) for Challenge and Instant Funded accounts
• "First Reward in 7 Days" add-on available on Classic and One-Phase
• Typically processed within 24 hours on business days (average 8 hours)

Processing within one hour of an eligible request, following a prior review of up to 24 business hours. Business days only; additional verification or incomplete details may cause delays.

Bank wire or crypto: USD 50. Rise: USD 500. Thresholds apply to the trader share, excluding the firm share.

$100 minimum for reward requests on all account types.

Pro: 100:1. Prime and Direct: 50:1. Exotic pairs: Pro 10:1; Prime and Direct 5:1.

Classic & Pro Challenge

• 1:100

One-Phase Challenge

• 1:50

Swing Add-On (all challenges)

• 1:30

Instant Account

• 1:30 (1:20 with News Trading Add-On)

Pro: 20:1. Prime and Direct: 10:1.

Classic & Pro Challenge

• 1:30

One-Phase Challenge

• 1:10

Swing Add-On (all challenges)

• 1:10

Instant Account

• 1:10 (1:5 with News Trading Add-On)

Commodities: Pro 5:1; Prime and Direct 2:1.

Classic & Pro Challenge

• 1:30

One-Phase Challenge

• 1:10

Swing Add-On (all challenges)

• 1:10

Instant Account

• 1:10 (1:5 with News Trading Add-On)

Pro: 20:1. Prime: 10:1. Direct: 5:1.

Classic & Pro Challenge

• 1:30

One-Phase Challenge

• 1:10

Swing Add-On (all challenges)

• 1:10

Instant Account

• 1:10 (1:5 with News Trading Add-On)

Pro: 2:1. Prime and Direct: 1:1.

Classic & Pro Challenge

• 1:2

One-Phase Challenge

• 1:2

Swing Add-On (all challenges)

• 1:1

Instant Account

• 1:2 (1:1 with News Trading Add-On)

Classic & Pro Challenge

• 1:5

One-Phase Challenge

• 1:3

Swing Add-On (all challenges)

• 1:2

Instant Account

• Not available

Optional at purchase for all Forex accounts; pricing is listed under Add-ons.

After a hard breach a new evaluation or account can be purchased.

• Challenge reset available at any time via dashboard for a fee
• Challenge Upgrade feature available during Phase 1 of Classic and Pro (30% discount on upgrade price)

Swap-free: +10% of the base fee before discounts. EA Trading: +10%, MT5 only and unavailable on Direct. cTrader: USD 20 fixed surcharge where available. Alternative payout cycles have different configurator prices; the table shows the base option.

• First Reward in 7 Days: available on Classic and One-Phase
• 90/10 Profit Split: available on Classic and One-Phase
• No Minimum Trading Days: available on Classic
• Swing Account: available on all challenge types (Classic, One Phase, and Pro)

Direct Account provides funded access without an evaluation phase.

1-Step Prime Challenge.

Four-month cycles from the first trade: at least 10% net profit, two profitable months, two payouts and a positive balance. Manual request required. Increases based on the original balance: 25% first, 40% second and 50% from the third, up to USD 4 million per user. Loss limits are recalculated on the scaled balance. Unavailable during PCP.

• Achieve 10% profit target each trading month for 3 consecutive months
• Account balance increased by 50%
• Continues until account reaches $5 million

Available as 2-Step Pro Challenge and 2-Step Prime Challenge.

Pro and Prime: static floor based on the initial balance, also monitored against floating equity. Direct: trails the highest end-of-day balance, only moves upward and locks at the starting balance after the full drawdown distance is earned. A payout does not lower that floor.

Challenge Accounts

• Fixed percentage of initial balance for the lifetime of the account

Instant Account

• 6% trailing drawdown based on EOD Equity or Balance (whichever is higher)
• Drawdown trails upward with profits until reaching the initial account balance
• Once reaching initial balance, drawdown becomes static and fixed

The table shows the base biweekly 80% option. Pro and Prime also offer on-demand 80% and monthly 95% with an advertised 20% surcharge; Direct offers a separately priced biweekly 90% variant. The cycle is selected at purchase and cannot be changed later.

• Standard: 80% on all withdrawals
• 90% available via add-on on Classic and One-Phase

A hard breach forfeits profits and pending payouts. Forex daily-loss-only exception: profits may still be paid if every trade had a stop loss and no trade exceeded 1% of the initial balance in profit or loss.

Calculated from the previous day closing balance and includes realized and floating results. Resets at 17:00 EST as stated by Hola Prime. Breaching it is a hard breach.

Challenge Accounts

• Daily Drawdown calculated on account starting balance at 5 PM EST snapshot
• Equity cannot drop below the allowed daily percentage

Instant Account

• 3% based on EOD Equity or Balance (whichever is higher)
• Measured at 00:00 GMT+3 server time
• Does not reset intraday; resets at start of next trading day

Standard combined allocation across sim funded and Direct accounts: USD 400,000 per trader or strategy. USD 90,000 cap for Nigeria, Malaysia, Indonesia, Cambodia, Israel, Thailand, Botswana, Mongolia, Kazakhstan, Jamaica and Mozambique. Combined Forex and Futures: USD 800,000. Prime Circle and scaling have separate conditions.

Evaluations: unlimited purchases. Sim funded and Direct: up to four 50K accounts, two 100K accounts or one 200K account, within the total allocation limit. 100K and 200K accounts cannot be active together. Direct: at most two active accounts.

Only same-model Pro or Prime sim funded accounts, with no open trades or active cycle and a combined balance matching an available size. Unavailable for evaluations, Direct or PCP. Allocation limits and promotional-account exclusions apply.

No evaluation deadline, subject to the inactivity rule.

No maximum time limit to complete the Challenge.

Pro: two days per phase. Prime 1-Step: two days. Prime 2-Step: three days per phase. Direct: no minimum. A day counts when at least one trade is opened.

Classic, Pro and One-Phase

• Minimum trading days apply (exact count available on dashboard)
• "No Minimum Trading Days" add-on available on Classic

Instant Program

• 5 profitable simulated trading days required
• Each day must achieve at least +0.5% simulated profit
• Days do not need to be consecutive
• Loss or breakeven days do not count

Prime Circle: five lifetime Forex payouts, with no consecutive-payout or minimum-amount requirement. Only master payouts count when copying. Automatic eligibility subject to compliance, Platinum support, one pre-trading platform switch and allocation growth: USD 25,000 per three unique payouts of at least 1.5%, up to USD 1 million. The geographic USD 90,000 cap remains.

Pro and Prime: three profitable days per biweekly cycle or seven per monthly cycle. Each day requires at least 0.5% net of the initial balance, measured using the lower of closing balance and equity minus the previous closing balance. On-demand uses consistency and minimum-profit requirements. Direct has no profitable-day minimum.

• Instant Program requires 5 profitable trading days with at least +0.5% profit each
• Days do not need to be consecutive

Pro sim funded: maximum open exposure of 10 lots on 25K, 20 on 50K, 40 on 100K and 80 on 200K; no cap on 5K and 10K. From the second scaling, each step adds 10% of the original cap. Prime and Direct: no explicit lot cap, subject to idea risk. First violation: closure, deduction and requested reactivation; second: 30% split and termination.

MT5 only with the purchased EA Trading add-on; unavailable on Direct, cTrader, MatchTrader and TradeLocker. Strategy declaration and distinct settings required; identical strategies may be grouped for allocation. Analytical tools may not automatically execute or modify orders.

• Expert Advisors (EAs) and trading bots are permitted
• You must own your EA/bot
• Must not exploit technical inefficiencies or manipulate latency
• Third-party EAs not allowed on Instant unless you own the source code

IP must match the registered country, including KYC and payments. No geographic circumvention. VPS permitted only for trade-taking EAs with a dedicated static IP; manual VPS trading is prohibited. No MT5 access from US IP addresses.

Hedging within a single account is allowed. Hedging across multiple accounts (offsetting buy/sell positions on the same instrument) is prohibited.

Permitted only within the same trading account. Hedging across multiple accounts is not allowed.

Required on sim funded and Direct accounts. There is no fixed three-minute deadline; it must be placed before closing. A trade without a stop loss is treated as unlimited risk and can cause account closure.

Multiple entries are combined as one idea for risk limits. DCA, averaging down and systematically increasing losing exposure are prohibited.

Sim funded and Direct: at most 2% of the initial balance per idea, not per ticket. Risk is combined across overlapping positions and same-asset, same-direction re-entries within ten minutes, including chains. Not applicable during evaluation. PCP: 1% per idea and at most 30% aggregate margin.

Instant Account

• Maximum 2% risk per trade idea
• Margin usage must not exceed 80% across all asset classes at any time

Challenge Phase

• No margin cap or maximum lot size enforced

Funded Account

• Margin rules apply

Only own Hola Prime accounts. Challenge to challenge: unlimited. Sim funded: one master and one copier. Challenge to sim funded: only one receiving funded account; sim funded to challenges: unlimited. Copying from other prop firms is prohibited. Applies to accounts purchased on or after 15 September 2026.

Prime and all evaluations: allowed. Pro sim funded and Direct: no opening or closing affected instruments from five minutes before to five minutes after high-impact news, including SL, TP and pending orders. Previously opened positions may be held. Pro: offending profit removed; Direct: account closure. PCP also restricts Prime news trading.

Challenge Phases

• Allowed in all challenge types (Classic, Pro, One-Phase)

Funded Accounts

• Only permitted with Swing Add-On

Instant Account

• Restricted by default
• Only allowed with News Trading Add-On
• 2-minute window rule applies (no opening within 2 minutes before/after major news)

Hard breach after 30 consecutive calendar days without opening a trade, in evaluation and sim funded. Closing trades, changing SL/TP or placing pending orders does not count as activity.

• 30 consecutive days without placing or closing a trade results in automatic account failure
• Applies to Challenge, Instant, and Funded Stage accounts
• No refunds or renewals for inactivity breaches

No consistency target to pass Pro or Prime. On-demand sim funded: best day at most 40% of cycle profit and total profit of at least 2% of the initial balance. Direct: best day at most 20%. A partial payout resets the calculation; retained profit does not replace new-cycle profit. PCP may impose additional conditions on high-risk traders.

Classic Challenge

• Phase 1: No consistency rule
• Phase 2: No consistency rule

One-Phase Challenge

• 40% max daily profit of total

Pro Challenge

• Phase 1: 45%
• Phase 2: 45%

Funded Stages

• No consistency rule

Instant Account

• 15% max daily profit of total

• Rule is equity-based (unrealised profit included)

• Even if account is in loss, the rule still counts towards highest profit day

Prime and Pro evaluations: allowed. Pro sim funded: close before 15:45 EST Friday; automatic closure and suspension until Monday. Direct: same deadline, but a hard breach and termination.

Challenge and Funded Accounts

• Only allowed with Swing Add-On
• Without Swing Add-On: all trades including crypto must be closed by Friday 16:30 EST

Instant Account

• Overnight and weekend holding allowed by default

HFT and tick scalping; arbitrage or exploitation of errors and liquidity; grid, martingale and DCA; unsupported one-sided bets, overexposure and account rolling; third-party accounts, devices, management or signals; cross-account hedging; material changes in strategy, assets or risk after passing; hyperactivity and unauthorized automation. MT5: at most 100 simultaneous orders and 1,000 positions or modifications daily. Sanctions may include profit adjustments, restrictions, PCP or termination.

• Martingale and grid strategies
• Excessive lot sizing and aggressive loss recovery
• High-frequency trading (HFT)
• Latency arbitrage, scalping arbitrage, and gap exploitation
• Flooding the market with small pip trades
• Intentional weekend/overnight gap exploitation
• Account rolling or lot-sizing techniques to bypass drawdown controls