Competition Rules
Competition Rules
| Trading Platform |
Match Trader |
| News Trading |
Allowed |
| Initial Balance |
$10,000 |
| Max. Loss |
7% |
| Daily Loss |
3% |
| Minimum Trading Days |
2 |
- 1. This competition is open to all users. Simply login/sign in to the user area and navigate to the competition tab to enroll in the competition.
- 2. KYC is not required to enter the competition, but KYC verification required for claiming Competition Reward.
- 3. Minimum age to enter the competition is 18 years and above.
- 4. Only 1 account & 1 IP per person is permitted; using multiple IDs will result in disqualification.
- 5. Overnight holding and News trading are allowed.
- 6. Expert Advisors (EAs) are not allowed.
- 7. The maximum daily loss limit is 3% on the previous day’s closing balance and breaching the daily loss limit means you cannot trade on the account anymore.
- 8. The maximum overall loss limit is 7% on the Initial balance and breaching this means you cannot trade on this account anymore.
- 9. The commission is $3 per lot on FX and Gold, Other Commodities - $1.5 per Lot, Indices and Cryptos - $0.
- 10. Swaps, and spreads as applicable.
- 11. All the trades in the competition must be closed on 26th Jun by 20:40 UTC server time, which is 10 minutes before the competition ends. Any trades that remain open after 20:40 UTC server time will be automatically closed by the system.
- 12. Results will be communicated to winners via email, Discord and prizes will be awarded according to rank. Winners will also get a special shoutout on our website and social media handles.
- 13. Winners are requested to share a post on their social media tagging Hola Prime Global – it’s the final step before receiving the prize.
- 14. For security purposes, winners may be required to participate in a KYC interview.
15.The name provided at the time of registration cannot be changed and must match the details on your KYC documents.