Terms & Conditions

1. Introduction

These Terms & Conditions ("Agreement") govern the relationship between you ("Client") and Primetradefx. ("Company") regarding the use of the Company’s trading services, including but not limited to trading accounts, platforms, and related financial services.

By opening an account, executing trades, or otherwise using the Company’s services, the Client acknowledges and agrees to be bound by these Terms & Conditions*.

2. General Trading Terms

2.1. Account Eligibility

• Clients must be at least 18 years old and legally authorized to enter into binding agreements.
• The Company may, at its sole discretion, refuse to open an account or provide services without obligation to provide a reason.

2.2. Trading Platform & Execution

• The Company provides trading services via the MT5 trading platform.
• The Client acknowledges that market execution, spreads, leverage, and order processing are subject to liquidity conditions and may vary.

2.3. Fair Trading Practices

• Clients must adhere to fair trading practices and refrain from engaging in:
  1. Abusive, manipulative, or illicit trading activities.
  2. Latency arbitrage, pip hunting, or excessive scalping that exploits the system.
  3. Cross-trading of spot and futures instruments within the same account.
• The Company reserves the right to suspend accounts, and/or nullify trades, and/or forfeit deposits in case of trading policy violations.

3. Swap-Free Trading Conditions

3.1. Eligibility & Request Process

• Swap-free trading is available for clients who cannot pay or receive swaps due to religious beliefs.
• By requesting a swap-free account, the Client confirms understanding and acceptance of this section.
• The Company reserves the right to request proof to justify the request.
• Approval of a swap-free account is at the Company’s discretion, and the Company may deny or revoke the status without providing a reason.
• Once approved, all of the Client’s accounts will be converted to swap-free.

3.2. Applicable Instruments & Swap-Free Periods

Asset Classes	Swap-Free Duration
Forex Majors & Crosses	No restriction
Precious Metals	No restriction
Commodities (Non-Futures)	Up to 10 days
Cryptocurrencies	Up to 10 days
FX Exotics	Up to 3 days
Indices – Spot & Futures	No restriction

• A detailed list of swap-free instruments is available and subject to periodic updates.

3.3. Administrative Fees

• Positions exceeding the swap-free grace period will be subject to a daily administrative fee, recorded in the Client’s account as "Admin Fee".
• These fees may impact account equity and margin requirements.

4. Deposits, Withdrawals & Processing Time

4.1. Deposits & Withdrawals

• The Client may fund and withdraw from their account using approved payment methods listed on the Company’s platform.
• The Company does not accept third-party payments for security reasons.

4.2. Processing Time

• Transfers and withdrawals typically take up to 24 hours to reflect in the Client’s account.
• The Company reserves the right to request additional verification for security and compliance reasons, which may extend processing times.

5. Prohibited Trading Practices & Compliance

5.1. Prohibited Activities

The following activities are strictly prohibited:

• Pip hunting in forex or commodities (profits obtained this way will be removed).
• Credit abuse (any misuse of credit will result in profit removal).
• Rebate violations, including:
  1. Wash trading (opening opposing positions to generate fake trading volume).
  2. Collusion between accounts to manipulate rebates.
  3. Affiliate abuse, where Introducing Brokers (IBs) or partners generate artificial trading activity.

5.2. Consequences of Violations

If any fraud, abuse, or manipulation is detected, the Company reserves the right to take the following actions without prior notice:

• Revoke swap-free status and apply backdated swaps.
• Recover unaccrued swaps, interest, or administrative costs.
• Suspend or terminate the Client’s accounts, voiding affected trades and profits.
• Withhold rebates or commissions from IBs found violating policies.

5.3. Regulatory Compliance

• The Company adheres to regulatory standards and may implement additional compliance measures at its discretion.
• Swap-free accounts are subject to periodic reviews to ensure compliance.

6. Risk Disclosure & Acknowledgment

6.1. Market Risks

• The Client acknowledges that trading forex and CFDs carries significant risk, and they may lose more than their initial deposit.
• The Company does not guarantee profits and is not liable for losses due to market fluctuations.

6.2. Overnight Charges & Adjustments

• The Company reserves the right to charge fees for overnight positions if deemed necessary.
• Any rollover fees applied to non-swap-free instruments will be charged accordingly.

7. Governing Law & Legal Framework

7.1. Jurisdiction

• This Agreement shall be governed by and construed in accordance with the laws of United Arab of Emirates.
• Any disputes shall be resolved under the exclusive jurisdiction of the relevant courts.

7.2. Binding Agreement

• The Client Agreement remains an integral part of these Terms & Conditions*.
• Any matters not covered herein shall be governed by the provisions of the Client Agreement.

7.3. Language & Interpretation

• These Terms & Conditions may be translated into multiple languages.
• In the event of any inconsistency, the English version shall prevail.

8. Amendments & Updates

8.1. Right to Modify

• The Company reserves the right to update, modify, or revise these Terms & Conditions* at any time without prior notice.
• Clients will be notified of significant changes, and continued use of the trading platform constitutes acceptance of the updated terms.

9. Contact Information

For any questions or further clarifications, please contact us at:

Email: [email protected]

Postal Address: G17, Ahmad Building, Hor Al Anz, Dubai, United Arab Emirates