Disclosure: This article does not constitute investment advice. The information and materials presented here are intended solely for educational purposes.
In a post-FTX environment where trust is hard to come by, Hola Prime is transforming crypto proprietary trading with 1-hour payouts, clear terms, and trader-centric features.
It has been more than two years since the catastrophic FTX incident. Still, the unease from that event remains, as even a minor delay in withdrawals sends crypto investors’ heart rates soaring.
In the high-pressure realm of proprietary trading, this anxiety intensifies. Despite ongoing critiques concerning how proprietary trading firms operate, traders often find themselves facing hurdles when trying to withdraw their well-earned money, grappling with unexpected delays, vague terms, and sudden account closures. But do all proprietary trading firms suffer from these same problems?
Let’s first clarify what proprietary trading entails. It involves traders utilizing a firm’s capital to trade various financial products—like cryptocurrencies—to realize profits. The firm that supplies the funds operates as the proprietary trading company. These firms do not execute trades independently; rather, they engage with the financial markets through their traders.
Whenever a trader turns a profit, that gain is split between the trader and the trading firm, as per a previously agreed upon contract. However, if the trader incurs a loss, the trading firm absorbs the entire loss, meaning the firm bears the full risk of those trades.
Contemporary proprietary trading firms have further evolved this model by allowing traders to capitalize on their demo trading exploits. Instead of offering traders actual capital accounts, they provide virtual funds to be used in a simulated trading environment.
Today, we will explore a rising proprietary trading firm that seeks to mitigate many prevalent issues in the industry.
Overview
Website: https://holaprimex.com/
Sector: Crypto Proprietary Trading
Payout processing time: 1 hour
Minimum withdrawal period: 7 days
Leverage: Up to 5x
Customer support: Live chat available 24/7
Global presence: Operational in over 175 countries
Hola Prime
Hola Prime is an emergent leader in the proprietary trading sector. Founded in 2024, the firm has begun offering on-exchange cryptocurrency trading, granting traders direct access to centralized exchange pricing and a robust liquidity pool through its specialized website dedicated solely to crypto proprietary trading.
With a footprint in more than 175 countries and five global offices, the firm employs over 100 financial experts and provides around-the-clock customer service. By merging on-exchange feed access with proprietary trading, Hola Prime ensures that traders can utilize funds from the firm to trade cryptos directly via the exchange price feed, devoid of hidden fees or inflated spreads.
The Managing Director and CEO of the firm, Somesh Kapuria, previously held senior roles at Citibank in New York and BlackRock, bringing a wealth of experience to the initiative.
The company emphasizes that transparency is fundamental to its operations, eliminating hidden fees or unexpected charges, allowing traders to concentrate on their trading activities. The platform promotes a mutually beneficial setup where traders can access significant accounts from Hola Prime and trade over 100 cryptocurrencies, offering access to a variety of altcoins. The firm’s model removes unnecessary intermediaries, facilitating tighter spreads, quicker execution, and improved market access.
But does Hola Prime live up to these commitments? Let’s delve deeper into the features of this emerging platform and gather insights from the public regarding this new initiative.
Key Features of Hola Prime
- 1-hour payout processing and 10-point payout framework: Hola Prime distinguishes itself from its rivals with numerous appealing features, the most notable of which is its rapid payout processing. Payments are completed in just one hour, while many other platforms require at least 24 hours, and some might delay payouts for up to four working days. As stated by Hola Prime’s CFO, Sumedha, the platform employs a 10-point payout framework and calculates payouts at day’s end, readying them for swift access the following day.
- 7-day minimum payout period: At Hola Prime, the required minimum payout duration is seven days. While some platforms, like Funding Pips, offer a one-day minimum payout period, most require at least 14 days.
- Wide crypto options via MT5 and DX trade: Hola Prime enables trading in over 110 cryptocurrencies, in stark contrast to the typical offering of just 5 to 10 in Forex CFDs. The extensive crypto portfolio is accessible on DX Trade and also on MT5, the leading trading platform. This capability to trade utilizing on-exchange crypto price feeds on MT5 is currently unparalleled in the industry.
- Reduced spreads and enhanced execution from exchange price feeds: Additionally, Hola Prime provides narrower spreads because the price feed originates directly from cryptocurrency exchanges. This not only allows for lower spreads but also leads to better execution due to a more substantial liquidity pool, unlike Forex CFDs where prices are derived from Forex liquidity providers.
- Challenge fee refunds and substantial profit splits: Hola Prime refunds the entire challenge fee that it charges for the Prime Challenge. For those unfamiliar with challenge fees: proprietary trading firms often mandate that traders pass a challenge to demonstrate their skills before granting access to the firm’s funds. Hola Prime refunds the full fee upon successful completion of this challenge. Moreover, traders receive 95% of their earnings without any fees, which is a competitive profit split when compared to other leading crypto firms.
- Flexible evaluation frameworks and balance-based drawdown regulations: The firm presents Evaluation models featuring both 1-Step and 2-Step Prime options, as well as a unique No Evaluation-Direct Model for traders who want direct entry into the crypto prop trading arena. With respect to balance-based drawdown rules, Hola Prime ranks among the most adaptable platforms, helping traders to manage their account balance losses more effectively compared to other firms like Funding Pips and Alpha Capital, which impose more stringent regulations.
- 5x leverage on Bitcoin and Ethereum without restrictions: Hola Prime grants leverage of up to 5x on Bitcoin and Ethereum, offering more flexibility compared to what traders encounter in the Forex CFD market.
- Transparency reports and risk alerts: A standout feature of Hola Prime is its provision of transparency reports and risk alerts. According to Ashutosh Sharma, Head of Risk and Compliance, these reports are vital not only for the firm but also for its traders, assuring that liquidity providers maintain market-consistent pricing, thereby promoting accountability across all levels. It’s noteworthy that major platforms typically do not provide such transparency reports or alerts, marking this as a significant differentiator for Hola Prime. For the first time in the proprietary trading industry, a dedicated Risk and Compliance Department has been established, overseeing due diligence, risk management, AML, internal audits, and daily account reconciliations.
- Complimentary competitions and affiliate program: Besides the aforementioned features, Hola Prime also organizes free competitions, offering traders opportunities for participation at no added costs. Additionally, the firm has an affiliate program, delivering commissions of up to 20%.
- Prime Academy and 24/7 human support: The platform maintains live chat support around the clock, connecting users to real customer service representatives. Furthermore, plans are underway for an exclusive “Prime Academy” program that will allow traders to schedule one-on-one coaching sessions with seasoned market professionals.
Competitions and Additional Activities
Since its inception, Hola Prime has hosted a range of intriguing competitions and challenges. Earlier this year, the platform introduced its Prime Bowl 5-Day Trading Challenge, engaging traders in an intense and high-stakes environment.
Additionally, Hola Prime features a remarkable Market Rumble Competition on its website, offering traders the chance to win $5,000 in cash and other exciting prizes.
Moreover, Hola Prime stands out in giving back to its community. The firm’s CSR initiatives have positively impacted several rural communities in India, with volunteer workers constructing play areas for children, preparing meals for those affected by leprosy, supplying art materials for children battling cancer, and planting 300 trees as part of its sustainability efforts.
Recognition
Hola Prime has been honored with the “Best Newcomer Prop Firm” award from the Funded Trading Awards, which celebrates top-performing proprietary trading firms worldwide. It has also been recognized as the “Most Trusted Prop Firm of February 2025” and the “Global Prop Firm of the Month for March 2025” by Forex Prop Reviews.
In addition to this recognition, the firm has been highlighted in prominent publications like Forbes, FXMAG, and FXStreet.
Advantages and Disadvantages
Hola Prime boasts various advantageous features: rapid 1-hour payouts, transparency reports, risk alerts, 95% profit sharing, refunded challenge fees, leverage up to 5x, and reasonable drawdown limits. The firm provides funding options reaching up to $100k, with scalability up to $4 million, ensuring that traders have ample capital to operate effectively.
However, it is worth noting that Hola Prime is a relatively new firm, lacking a substantial track record, which might raise concerns for some traders. Although a seven-day minimum payout period is reasonable, a number of competitors do offer quicker access to funds.
User Feedback
Hola Prime has garnered a rating of 4.9 out of 5 from 1,308 reviews on Forex Prop Reviews and maintains a 4.8-star rating on TrustIndex.io. On Reviews.io, 100% of reviewers recommend the platform, with one verified user noting, “I recently requested a payout, and I was astonished at how quickly it arrived! The payout hit my account in just one hour. It’s incredibly fast.”
Final Thoughts
The world of crypto proprietary trading has long been plagued by issues such as hidden fees, lack of transparency, sluggish payout processing, and inflexible trading policies. Nonetheless, today’s firms are tackling these obstacles with innovative solutions. With its promise of 1-hour payouts, transparency reports, low spreads, and adaptable trading options, Hola Prime strives to rejuvenate the industry with a more trader-friendly perspective. While it’s yet to be seen if Hola Prime will fully accomplish this ambition, its efforts thus far are admirable.
To find out more about Hola Prime, prospective traders can explore its official website and its social media.
Disclosure: This content is provided by a third party. The site does not endorse any products mentioned on this page. Users should conduct their own research before making any decisions related to the company.