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What is the maximum capital allocation allowed across Hola Prime accounts (Forex)?
There is no limit on the number of challenges that can be purchased by a trader. You are allowed to purchase and participate in as many challenges as you like.
However, the maximum total capital allocation across all Hola Prime (Sim. Funded) Accounts (whether obtained through challenges or direct accounts) are capped at $400,000.
Additionally, Hola Prime (Sim. Funded) Accounts issued under the Direct Model are limited to 2 active accounts at a time. This means you may purchase and own more than two Direct Model accounts, but you can actively trade only two of them simultaneously. If you are already trading on two Direct Model accounts, you will not be able to trade on a third account until one or more of the active accounts are breached or closed.
Note: The maximum account limits across Sim. Funded and Direct Accounts are four $50K accounts with either two $100K accounts or one $200K account.
Traders may combine different account sizes up to the maximum capital allocation of $400,000. However, $100K and $200K accounts can not be enabled together or at the same time for trading.
Example 1: A trader holds four $50K accounts and two $100K accounts, reaching a total allocation of $400,000. This combination is permitted because it stays within the applicable account-size limits and does not include the restricted combination.
Example 2: A trader holds two $100K accounts and one $200K account, reaching a total allocation of $400,000. This combination is not permitted, even though the total allocation does not exceed the $400K limit, because this specific account combination is restricted.
It is not allowed to obtain multiple accounts through different registrations in order to exceed the maximum account allocation. If we discover identically traded strategies across multiple accounts that exceed the permitted allocation limit, all such accounts may be suspended.
If a trader intends to use a third-party trading robot (Expert Advisor or EA), they should be aware that other traders may be using the same EA and strategy. In cases where similar EA settings result in the maximum allocation limit being exceeded, a funded account may be denied or an existing Hola Prime (Sim. Funded) Account may be terminated.
Maximum capital allocation will be restricted to $90,000 for the following countries: Nigeria, Malaysia, Indonesia, Cambodia, Israel, Thailand, Botswana, Mongolia, Kazakhstan, Jamaica and Mozambique
Clients who purchase both Forex and Futures accounts are subject to a maximum combined capital allocation limit of $800,000. Clients holding exclusively Forex accounts or exclusively Futures accounts will continue to retain the standard maximum capital allocation applicable to their respective account category.