Yes, you can redirect a subdomain to an external website. To do this, proceed as follows:
Forward subdomain to external website
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Log in to the Customer Center at https://my.helloly.com.
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Within the Dashboard you will find your active products. Select the desired product and click on Log in to cPanel.
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Scroll down until Domains and then click on Redirects.
Set redirection
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From the drop-down menu Type you can choose between permanent (301) and temporary (302) redirection.
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From the dropdown menu https?://(www.)? select the corresponding (sub)domain that you would like to redirect (e.g.: www.ihredomain.at or subdomain.yourdomain.at).
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The field / let's you select a specific directory that you would like to forward (e.g.: www.ihredomain.at/meinVerzeichnis). If you leave this field blank, all directories will be forwarded.
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The field Redirects to let's you specify where the redirection should point to (e.g. www. ihreanderedomain.at)
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With www redirect: you can select whether your redirection should only redirect with www, with or without www or www not redirected.
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To add the redirect, confirm with Add.
All redirects are displayed under Current redirects are displayed.