Hola Prime
launched a futures trading division that promises to process withdrawals within
one hour, a timeframe the company claims is unprecedented in the proprietary
trading industry.
The firm
also added MetaTrader 4 integration to its existing forex services, bringing
its total platform offerings to five different trading interfaces, including
MetaTrader 5.
Hola Prime Launches 1-Hour
Withdrawal Service for Futures
Hola Prime
Futures allows traders to access up to $150,000 in funding through either a
single evaluation challenge or direct account access. The service eliminates
daily loss limits and what the company describes as complex rule structures
common among competitors.
“Futures
prop trading has been shaped by legacy systems that serve firms more than
traders,” said Somesh Kapuria, CEO of Hola
Prime. “We’re rewriting that logic.”
The
one-hour withdrawal claim centers on what Hola Prime calls a “10-point
payout system” that automates approval processes. Most proprietary trading
firms typically require three to 14 days for withdrawal processing, according
to the company.
“Most
prop firms still operate on outdated withdrawal cycles – three days, five days,
even two weeks,” said Sumedha Sharma, CFO of Hola Prime. “But when a
trader qualifies, they’ve done the work.”
The futures
platform provides access to instruments on CME, COMEX, NYMEX, and CBOT
exchanges through three different trading interfaces: Project X, Quantower, and
R Trader Pro.
Related: Prop
Firm Hola Prime Names NBA Star Karl-Anthony Towns as First Sports Ambassador
CFD Prop Firms
Increasingly Turning to Futures
The surge
in popularity of prop trading firms in 2024 has significantly intensified
competition. To stand out in a crowded market, more firms have started
expanding their offerings to include futures trading. In November of last year,
FunderPro announced such a move, followed by For Traders in April,
which integrated Dxtrade to offer clients access to more than just CFDs.
Around the
same time, FXIFY introduced a new brand aimed at entering the regulated
instruments market, offering traders simulated capital of up to $450,000.
A few
months ago, FinanceMagnates.com exclusively reported that FundedNext is
returning to the U.S. after more than a year-long absence—this time through
futures. CFDs, however, remain unavailable to U.S.-based traders.
MT4 Joins the List of
Platforms
For forex CFD
trading, Hola Prime added MetaTrader 4 to complement its existing MetaTrader 5
platform. The company now offers five total platforms including CTrader, DX
Trade, and Match Trade for currency traders.
“MT4
is a global standard for a reason,” Kapuria said. “It’s reliable,
intuitive, and deeply compatible with the way traders operate.”
Hola Prime
offers direct access to MetaTrader platforms through a license held by its
parent company, Hola Prime Limited, in Mauritius. The license was issued by the
Financial Services Commission (license number: GB24203729).
A few
months ago, FinanceMagnates.com reported on Hola
Prime in relation to Trustpilot reviews. The prop firm had over 1,300
reviews, but after action was taken by the platform operator, only 49
remained—the vast majority were classified as “fake.”
Hola Prime
launched a futures trading division that promises to process withdrawals within
one hour, a timeframe the company claims is unprecedented in the proprietary
trading industry.
The firm
also added MetaTrader 4 integration to its existing forex services, bringing
its total platform offerings to five different trading interfaces, including
MetaTrader 5.
Hola Prime Launches 1-Hour
Withdrawal Service for Futures
Hola Prime
Futures allows traders to access up to $150,000 in funding through either a
single evaluation challenge or direct account access. The service eliminates
daily loss limits and what the company describes as complex rule structures
common among competitors.
“Futures
prop trading has been shaped by legacy systems that serve firms more than
traders,” said Somesh Kapuria, CEO of Hola
Prime. “We’re rewriting that logic.”
The
one-hour withdrawal claim centers on what Hola Prime calls a “10-point
payout system” that automates approval processes. Most proprietary trading
firms typically require three to 14 days for withdrawal processing, according
to the company.
“Most
prop firms still operate on outdated withdrawal cycles – three days, five days,
even two weeks,” said Sumedha Sharma, CFO of Hola Prime. “But when a
trader qualifies, they’ve done the work.”
The futures
platform provides access to instruments on CME, COMEX, NYMEX, and CBOT
exchanges through three different trading interfaces: Project X, Quantower, and
R Trader Pro.
Related: Prop
Firm Hola Prime Names NBA Star Karl-Anthony Towns as First Sports Ambassador
CFD Prop Firms
Increasingly Turning to Futures
The surge
in popularity of prop trading firms in 2024 has significantly intensified
competition. To stand out in a crowded market, more firms have started
expanding their offerings to include futures trading. In November of last year,
FunderPro announced such a move, followed by For Traders in April,
which integrated Dxtrade to offer clients access to more than just CFDs.
Around the
same time, FXIFY introduced a new brand aimed at entering the regulated
instruments market, offering traders simulated capital of up to $450,000.
A few
months ago, FinanceMagnates.com exclusively reported that FundedNext is
returning to the U.S. after more than a year-long absence—this time through
futures. CFDs, however, remain unavailable to U.S.-based traders.
MT4 Joins the List of
Platforms
For forex CFD
trading, Hola Prime added MetaTrader 4 to complement its existing MetaTrader 5
platform. The company now offers five total platforms including CTrader, DX
Trade, and Match Trade for currency traders.
“MT4
is a global standard for a reason,” Kapuria said. “It’s reliable,
intuitive, and deeply compatible with the way traders operate.”
Hola Prime
offers direct access to MetaTrader platforms through a license held by its
parent company, Hola Prime Limited, in Mauritius. The license was issued by the
Financial Services Commission (license number: GB24203729).
A few
months ago, FinanceMagnates.com reported on Hola
Prime in relation to Trustpilot reviews. The prop firm had over 1,300
reviews, but after action was taken by the platform operator, only 49
remained—the vast majority were classified as “fake.”
This post is originally published on FINANCEMAGNATES.
