Hola Prime is the first prop firm to agree to appear on my podcast - here’s what they revealed.
⭐️ Grab a challenge from Hola Prime here: https://link.algotradingspace.com/IXHdX
Remember to use the code ALGO10 to get a 10% discount on any of the plans.
In this episode, Petko is joined by Sam, Director of Growth at Hola Prime, for a deep and honest conversation about how to pass and stay funded with prop firms using expert advisors (EAs). Instead of rehashing the basics, they dive into real challenges traders face, from drawdown breaches to risk mismanagement and consistency rules that can quietly fail your account. Sam explains how prop firms view EA trading, why using off-the-shelf robots is risky, and how to build and manage your own algo strategies for long-term success. Whether you're trading manually or with bots, this episode offers real insight into what prop firms are actually looking for, how their backend systems work, and what you need to do to stand out and stay funded. A must-watch for any prop trader working with robots, strategy builders, or trading automation tools.
Chapters:
00:01:15 Welcome to the Podcast
00:01:42 How Does the Evaluation Process Work?
00:02:23 Who Came First – Broker or Prop Firm?
00:03:10 What Makes a Good Trader?
00:04:51 Why 2% Profit Is Enough
00:06:07 Most Common Rule Violations in Prop Firms
00:09:21 The 30-Day Rule – Fair or Flawed?
00:12:06 Which Rules Do Traders Underestimate Most?
00:14:18 Real Traders Have Real Experience
00:16:25 What Gives Traders the Best Chance to Pass?
00:17:51 What’s the Maximum Risk Per Trade?
00:18:33 Breaking Down Risk Management
00:21:07 Can Slow and Steady Win the Challenge?
00:21:24 How Hola Prime Views Algo vs. Manual Traders
00:23:47 Why Using the Same EA Can Be a Problem
00:27:49 Are Challenge Trades Mirrored to the Broker?
00:30:12 How Do You Detect Duplicate EA Usage?
00:32:14 Reviewing the Prop Firm Rules
00:35:48 Excessive Margin Use and Risky Trades
00:37:16 What Is the Consistency Rule?
00:41:42 Using Expert Advisors and Algorithms
00:47:11 Biggest Mistakes EA Traders Make in Prop Challenges
00:50:15 Will Unique Strategies Avoid Problems?
00:51:47 Advice for Traders Who Want to Stay Funded
00:52:50 What’s a Reasonable Risk Once Funded?
00:54:46 Longest Period a Trader Stayed Funded
00:56:46 Are EAs Becoming More or Less Popular in Prop Trading?
00:59:17 The Future of Prop Trading
✅ Our live Accounts' performance here: https://algotradingspace.com/trading-stats/live
✅ Our funded trading account performances are shared in real-time here: https://algotradingspace.com/trading-stats/funded
⚠️Do your own due diligence about which EA or strategy you will use for trading.
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✔️ Thanks for watching this podcast titled "The First Prop Firm That Said Yes to the Podcast – Hola Prime."
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⚠️ DISCLAIMER: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos weekly.
Materials and opinions provided here are intended solely for informational purposes for prospective clients and does not constitute investment advice made by the presenter and/or the Company. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to risk losing your money.
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