Prop trading firm Hola Prime said today (Tuesday) it has paid more than $10 million to funded traders. The average payout across that total is about $1,800, according to the company.Both numbers have changed since April, when Hola Prime said it had distributed about $3.2 million to funded traders to date. The cumulative figure has more than tripled in just over five months. Over the same stretch, the average payout fell from about $4,500 to about $1,800.London's trading industry is coming home!Across the industry, Prop Firm Match, which counts only firms connected to its tracker, recorded about $325 million in trader payouts in 2025, with FundedNext alone at roughly $107.8 million.What the Deloitte Review CoveredEarlier this year Hola Prime hired Deloitte to review its payout processing between October 15, 2025 and March 15, 2026. The review found that 98.35% of payouts cleared within one hour and none were denied in that period.The $10 million total extends almost seven months past the end of that review and comes from the company's own count. Hola Prime says its one-hour clock starts when a trader submits a withdrawal request, and that many rivals start counting only after approval."Our next target is to get there again in a fraction of the time," Chief Executive Somesh Kapuria said in the statement.Average Payout Falls to About $1,800At the new average, $10 million implies roughly 5,500 payouts, by FinanceMagnates.com's calculation. The fastest payout now stands at 36 seconds, against 3 minutes and 37 seconds in April. The largest cumulative payout to a single trader reached $70,776, the company said.Only traders who pass an evaluation get paid. In April Hola Prime put its evaluation-to-funded pass rate at about 15%, with traders taking 3.5 attempts on average to clear a challenge.Since May, traders with five completed payouts receive an extra 5% on each later one under a program the company calls Prime Circle. Hola Prime also opened a futures division in July 2025 with the same one-hour withdrawal promise. It gave no split by business.At FundedNext, the largest firm on the Prop Firm Match list for 2025, cumulative payouts passed $350 million by September, the company said. On-chain tracking by Capital Critic matched about 64% of that total.Hola Prime is registered in Hong Kong and runs its brokerage arm under a license from the Mauritius Financial Services Commission (FSC). In June it added Spotware's cTrader as a platform for its funded traders. This article was written by Damian Chmiel at www.financemagnates.com.

Read full article on FINANCEMAGNETS