Hola Prime Launches 2-Step Fly: No Daily Loss Limit on Funded Accounts, but Not Zero Rules

What happened

Hola Prime launched 2-Step Fly, a new Forex challenge, on 28 October 2026. The firm announced it on X (opens in new tab) at 10:50 AM Israel time and linked a full rules page (opens in new tab).

The pitch: pass two phases at 8% each, and the Sim. Funded account that follows has no daily loss limit, no consistency rule, no risk-per-trade rule and no prohibited strategies, with news trading allowed. Payouts can be requested anytime, even several times a day, and Hola Prime says they are processed within the hour. A follow-up post called it "ZERO rules."

That is a real loosening. It is not zero rules, and the fine print matters.

The rules that still apply

From Hola Prime's Rulebook schedules (opens in new tab) and its max loss FAQ (opens in new tab):

During the challenge (Phase 1 and Phase 2)

• Profit target: 8% in each phase. Minimum 3 trading days in Phase 1, none in Phase 2.
• Consistency: Phase 2 carries a 40% consistency requirement. The no-consistency promise applies to the funded account only.
• Daily loss: 3% of the previous day's closing balance.
• Max loss: 6% of the initial balance, static.
• News: a hard breach. No opening or closing trades on affected instruments from 5 minutes before to 5 minutes after high-impact news, and that includes stop-loss and take-profit fills.

On the Sim. Funded account

• Max loss: a 5% end-of-day trailing drawdown. It follows your highest end-of-day balance and stops trailing once it reaches 3% below the starting balance. On a $100,000 account, the floor starts at $95,000 and can rise no higher than $97,000.
• Weekend holding: not allowed in any phase. Positions still open at 3:45 PM New York time on Friday are closed automatically and the account is terminated.
• Split: 80%. Hola Prime's other models go up to 95% on its monthly cycle.
• Payout minimum: 1% profit on accounts under $50,000, 0.5% on $50,000 and up, per the payout policy (opens in new tab). One FAQ answer on the 2-Step Fly page states it the other way round, so check before you plan a first withdrawal.
• Position size: a maximum of 5 lots per order, plus what Hola Prime calls applicable capital allocation limits.
• Leverage: 50:1 on Forex in both stages.
• Commission: $8 per lot round trip on Forex, metals, energy and indices, against $3 per side ($6 round trip) on Forex and gold in Hola Prime's other models. Crypto is 0.05% per $100,000 traded, round trip.

What it costs

Sizes are $10,000, $25,000, $50,000 and $100,000. List prices are $89, $199, $349 and $598. At launch the page shows them at half price ($44.50, $99.50, $174.50 and $299) under a "limited time" badge, with the code FLY50 on the plan card. No end date is given. Platforms are MT5 and TradeLocker, with EAs as a paid add-on on MT5 only.

How it compares with Hola Prime's other models

On the same 100,000 account, 2-Step Fly asks for more than 2-Step Prime during the challenge: 8% and 8% instead of 8% and 5%, with a 6% max loss instead of 10%, a 3% daily limit instead of 5%, and a 40% consistency check in Phase 2. The trade-off comes after you pass: no daily limit, no 2% risk-per-idea cap, no consistency ceiling, news allowed and payouts whenever you hit the minimum.

So the challenge is the harder part, and the funded account is the looser part. The cost of that looseness is a trailing drawdown, a flat 80% split, higher commissions, a 5-lot cap per order and a Friday close.

About "first ever"

Hola Prime calls this the first funded account of its kind. We can't verify an industry first, and several firms already run funded accounts without a daily loss limit or a consistency rule. What is less common is all of those removed together with payouts on demand. Treat "first" as Hola Prime's claim.

Bottom line

2-Step Fly is a tougher challenge in exchange for a lighter funded account. If you trade news, scale into positions or want to take profit often, the funded side is built for you. If you hold over weekends or lean on a static drawdown, it isn't. Read the rules page (opens in new tab) before you buy.

Sources: Hola Prime X announcement (opens in new tab) (28 October 2026), 2-Step Fly page (opens in new tab), Rulebook schedules (opens in new tab), max loss FAQ (opens in new tab), news and weekend policy (opens in new tab) and payout policy (opens in new tab), read 28 October 2026. Terms change; confirm them on Hola Prime's site.