The profit target is the specific percentage a trader must achieve during the evaluation or challenge phase to qualify for a Hola Prime X Account.
The profit target for traders in the 1-Step Prime challenge is 9%, while for the 2-Step Prime challenge, it is set at 9% for Phase 1 and 5% for Phase 2 of the initial account balance. These limits are applicable to challenge accounts only.
For instance, on our 1-Step Prime accounts, the profit target is 9% of the initial balance.
So, considering $25,000 as the initial balance, the trader would need to make $2,250 (9% of $25,000) profit to pass the challenge and it will be $27,250.
Another example: On our 2-Step Prime accounts, the profit target is 9% for Phase 1 and 5% for Phase 2 of the initial account balance.
So, considering $100,000 as the initial balance, the trader would need to make $9,000 (9% of $100,000) profit in Phase 1 and $5000 (5% of $100,000) profit in Phase 2 to pass the challenge.
