  We study the chiral symmetry breaking and restoration in $ (2+1)
$-dimensional gauge theories from the holographic hard and softwall models. We
describe the behavior of the chiral condensate in the presence of an external
magnetic field for both models at finite temperature. For the hardwall model we
find Magnetic Catalysis (MC) in different set ups. For the softwall model we
find Inverse Magnetic Catalysis (IMC) and MC in different situations. We also
find for the softwall model a crossover transition from IMC to MC at a
pseudocritical magnetic field. This study also shows spontaneous symmetry
breaking for both models. Interestingly, for $B=0$ in the softwall model we
found a nontrivial expectation value for the chiral condensate.
