Entry price
When comparing the cost of a standard $100,000 account, the difference is noticeable. At FXIFY, you can access a Three Phase challenge for $399 or a Two Phase Classic for $549. In contrast, Hola Prime prices its Prime 2-Step at $569 and its Pro 2-Step at $681.
For traders on a tight budget, Hola Prime provides an extremely cheap entry point with a $2,000 account for as little as $9 (2-Step) or $14 (1-Step). FXIFY starts its range at $5,000 for $39 (Three Phase) or $59 (One Phase). In the one-step category, FXIFY is cheaper for large sizes: a $100,000 Lightning account costs $399, while the equivalent at Hola Prime is $579.
What you pay while trading
Operational costs differ based on the execution model you choose. FXIFY offers two feeds: the All-In feed with $0 commissions (built into the spread) and the Raw feed at $6 per lot. Hola Prime applies a flat commission of $3 per lot on Forex, which is cheaper than FXIFY's Raw feed but more expensive than its commission-free option.
However, Hola Prime adds several surcharges that can inflate the total cost:
- 10% extra for using EAs.
- 10% extra for Swap-free accounts.
- A fixed $20 surcharge for using cTrader.
- Up to 20% surcharge for a 95% profit split or on-demand payouts.
FXIFY also uses add-ons for leverage upgrades (to 50:1) and bi-weekly payouts, meaning the price you see at the start is rarely the final price if you want professional conditions.
What mistakes cost you
The cost of a mistake is measured by the drawdown limit. FXIFY's Two Phase Pro is more expensive in terms of risk because it only allows an 8% static drawdown. Their standard accounts offer up to 10%. Hola Prime is more generous with its Pro and Prime models, providing a 10% static drawdown.
Time is also a factor in risk. At Hola Prime, an inactivity period of 30 days results in a hard breach (loss of the account), whereas FXIFY gives you 60 days before the account is closed. Economically, this makes FXIFY safer for swing traders who trade less frequently.
What it costs to get paid
This is where the two firms diverge most sharply. FXIFY has $0 payout fees and a minimum withdrawal of $50. Most importantly, they refund your initial purchase fee with the very first payout.
Hola Prime is significantly more expensive to cash out:
- They charge a 2.5% fee on every payout.
- There is a minimum fee of $5 for crypto or $25 for bank wires.
- The initial fee is only refunded on the fourth successful payout, which is a much higher hurdle than FXIFY's single-payout requirement.
Where each one hides its cost
FXIFY hides its cost in the checkout customizations. If you want a 90% profit split, bi-weekly payouts, or higher leverage, you must pay extra upfront. Furthermore, their 2 Phase Pro account specifically excludes fee refunds and scaling, making it a "disposable" account model.
Hola Prime hides costs in its withdrawal policy and platform fees. Charging 2.5% on every profit withdrawal is a recurring tax on your success. Additionally, the restriction of EAs to MT5 and the requirement of a paid add-on to use them adds a layer of cost that FXIFY (which allows EAs on standard accounts for free) does not have.
Cheapest for whom
- Hola Prime is the cheapest for micro-traders who want to practice with $2,000 or $5,000 accounts for less than $20, or for those who specifically trade Crypto with leverage.
- FXIFY is the cheapest for professional traders targeting $100,000 or more, as the absence of withdrawal fees and the immediate fee refund save hundreds of dollars over the first few months of trading.
Frequently asked questions
Which firm has a lower entry price for a $100,000 challenge, FXIFY or Hola Prime?
FXIFY is cheaper for large accounts. A $100,000 Three Phase challenge at FXIFY costs $399, whereas the cheapest $100,000 2-step option at Hola Prime (Prime) costs $569. If you prefer a 1-step challenge, FXIFY Lightning is $399 while Hola Prime's 1-Step is $579.
How do the withdrawal fees compare between FXIFY and Hola Prime?
FXIFY is much cheaper for withdrawing profits because it charges $0 in payout fees and has a minimum withdrawal of $50. Hola Prime charges a 2.5% fee on every payout, with a minimum cost of $25 for bank transfers and $5 for crypto, which directly reduces the trader's net profit.
Which firm returns the initial evaluation fee faster, FXIFY or Hola Prime?
FXIFY returns the fee much faster, as it is reimbursed with the very first payout on most standard programs. At Hola Prime, traders must reach their fourth successful payout on the same account to receive a 100% refund of the purchase fee, making it significantly harder to recover the initial investment.
Who offers better Forex trading costs, FXIFY or Hola Prime?
It depends on the account type. FXIFY offers an "All-In" feed with $0 commissions, which is ideal for those who want simplicity. Their Raw feed costs $6 per lot. Hola Prime charges a flat $3 per lot on Forex, but you must factor in an extra 10% cost on the challenge fee if you want to use EAs, a cost that does not exist at FXIFY.
