Terms of Service

Please read this document carefully before using the services of PRIME ELEMENTS LIMITED.

The company reserves the right to supplement or reduce the form of deposit at its discretion and without special warning.

This User Agreement (hereinafter referred to as the “Agreement”) defines the conditions under which PRIME ELEMENTS LIMITED , registered at: Legal address 35 Ballards Lane, London, N3 1XW, registration number 07188003, proposes to conclude on a public offer this Customer Agreement (hereinafter referred to as the “Agreement”) to any natural or legal person (hereinafter referred to as the “Client”) that satisfies the terms of this Agreement provides you with services on the website https://primeelementslimited.com (hereinafter “Service”, “Services”).

These conditions come into force upon conclusion of an agreement between you as a client and the Company. By visiting the Company’s website, gaining access to the Company’s service, you acknowledge that you understand and accept these terms. The terms “Client”, “You” and “Your” in the sense in which they are used in this document refer to you, or to any person that you represent, your representatives or representatives of this person, your successors and affiliates, as well as to any of yours or their devices.

If you do not agree with these conditions, please do not use the Company’s service, and immediately inform us of your disagreement.

The legitimacy of use

You acknowledge and fully acknowledge that your ability to access the Company’s service does not automatically mean that your use of it is legal.

To use the service you must be of legal age (over 18 years old). If the age of majority in your country or territory of your residence comes in excess of eighteen (18) years, you can use the service only after reaching the appropriate age of majority. By accepting this Agreement, you acknowledge and warrant that you have reached the age of majority in accordance with the foregoing. The company reserves the right to require documentary evidence of your age. Your account may be suspended until an adequate confirmation of your age is received, if such confirmation is requested by the Company.

The use of the Company’s service also cannot be carried out in countries and territories where this type of financial transaction is not permitted.

Use of the service is not allowed if you are a resident or citizen of the United States of America. By accepting this Agreement, you confirm and warrant that you are a resident of a country or territory where the use of the service is not prohibited, confirm and warrant that you are not in the United States, are not a resident or citizen of the United States of America. See the “Risk Warning” section for more information.

Provision of services. Stop using the service

The Company provides you with a non-exclusive, non-transferable and right to access and use the service (without publicly demonstrating use), including all available materials of the service (hereinafter the Materials) on your computer in accordance with this Agreement (hereinafter the “Provision”).

After the termination of the right to use the Service, all other provisions of the contract between you and the Company and this Agreement remain valid.

The provision of the right to use the Company’s service may be terminated at the request of the Company in the event of the following circumstances:

Your violation of the contract:

  • Your refusal to provide or confirm the information requested by the Company in accordance with this Agreement.
  • Lack of funds in your trading account for more than one calendar month.

The provision of the right to use the Company’s service also automatically terminates in the event of the following circumstances:

  • The loss of power of your representations and warranties under this Agreement;
  • Declaring you bankrupt and appointing a property representative or manager of all or most of your property and assets;
  • Your death or disability;
  • Liquidation of your company (if you represented the interests of a legal entity).

Accounts. Service. Transactions

To use the Company’s service, you must open an account on the service (hereinafter referred to as the “Account”). By this Agreement you acknowledge and warrant that all information that you provide when opening an account is complete and accurate. You undertake to timely update this information in case of change or at the appropriate request of the Company. By opening an account on behalf of a company or another person, by this Agreement you confirm and guarantee that you have the authority and ability to act as a party to this Agreement and the obligations undertaken by you are binding circumstances for the company or the person on whose behalf you are acting.

You do not have the right to use the account of another natural or legal person without permission. You are solely responsible for maintaining the confidentiality of your account, the access of third parties to it, and all actions performed with your account. You must immediately notify us in the event of a security breach or your unauthorized use of your account. You acknowledge that we are not responsible for any damage resulting from unauthorized use of your account or access to it by third parties. You will remove liability for damages from the Company and protect the Company from possible claims in connection with such unauthorized use. You can open only one account and cannot share your account with any other natural or legal person. To open additional trading accounts you should contact your account manager. If the Company has good reason to believe that the account was created for fraud and / or several accounts were created without the consent of the account manager, the Company reserves the right to cancel any transaction related to such accounts. You give the Company the right, directly or through third parties, at any time to make requests for information that the Company considers necessary to confirm your identity and the information you provide. Such requests may include a request for additional personal information that will enable the Company to identify you. You may be required to take steps to confirm that you are the owner of this email address or financial instruments. The company reserves the right to verify your data with databases of third parties or with other sources, require the presentation of a passport or other document proving your identity.

The Company’s service provides you with the opportunity, among other things, to carry out transactions on certain assets, including currencies, financial instruments, which are defined as contracts for difference and other securities. You acknowledge and fully acknowledge that with the help of our service you participate in any activity, inaction, purchase, sale, bidding or any other transaction (collectively “transactions”) in the market as a person acting on its own behalf, and we do not act in as your agent in the performance of any financial and trading operations. You acknowledge that you are directly and completely responsible for the fulfillment of all your obligations regarding your transactions in the market made using the Company’s service. After completing all security and identification procedures associated with the use of the Company’s service, the Company gives you access to the service in the event that there are no other agreements or your instructions. All references to our trading hours are given in Greenwich Mean Time (“GMT”) in 24-hour format. The Company’s service is available for work from 22:00 GMT on Sunday until 22:00 GMT on Friday (in winter), or from 23:00 GMT on Sunday until 23:00 GMT on Friday (in summer) every week except public holidays, when financial markets do not work, and in cases where markets are closed due to lack of liquidity in financial instruments. Please visit our website for more detailed information regarding hours of operation for each financial instrument. The Company reserves the right to suspend or change hours of operation at our discretion, in such a case, the relevant changes will be reflected on the Company’s website in order to convey this information to you. Customers are given the opportunity to carry out trading operations over the phone during trading hours. You acknowledge that the Company may close transactions under price difference contracts at the last available price on the market on the last day the contract expires. Closing times are indicated on the company’s website.

The company offers customers various types of spreads, depending on the types of accounts.

The company offers a fixed spread on the web platform. A fixed spread does not change with time or with market conditions.

The company offers a floating spread on the trading platform. A floating spread in the Forex and CFD’s markets means a constantly changing value between the Ask and Bid values depending on market volatility and available liquidity.

You agree that the minimum terms for executing a transaction manually are:

Accounts. Service. TransactionsTo use the Company’s service, you must open an account on the service (hereinafter referred to as the “Account”). By this Agreement you acknowledge and warrant that all information that you provide when opening an account is complete and accurate. You undertake to timely update this information in case of change or at the appropriate request of the Company. By opening an account on behalf of a company or another person, by this Agreement you confirm and guarantee that you have the authority and ability to act as a party to this Agreement and the obligations undertaken by you are binding circumstances for the company or the person on whose behalf you are acting.You do not have the right to use the account of another natural or legal person without permission. You are solely responsible for maintaining the confidentiality of your account, the access of third parties to it, and all actions performed with your account. You must immediately notify us in the event of a security breach or your unauthorized use of your account. You acknowledge that we are not responsible for any damage resulting from unauthorized use of your account or access to it by third parties. You will remove liability for damages from the Company and protect the Company from possible claims in connection with such unauthorized use. You can open only one account and cannot share your account with any other natural or legal person. To open additional trading accounts you should contact your account manager. If the Company has good reason to believe that the account was created for fraud and / or several accounts were created without the consent of the account manager, the Company reserves the right to cancel any transaction related to such accounts. You give the Company the right, directly or through third parties, at any time to make requests for information that the Company considers necessary to confirm your identity and the information you provide. Such requests may include a request for additional personal information that will enable the Company to identify you. You may be required to take steps to confirm that you are the owner of this email address or financial instruments. The company reserves the right to verify your data with databases of third parties or with other sources, require the presentation of a passport or other document proving your identity.

The Company’s service provides you with the opportunity, among other things, to carry out transactions on certain assets, including currencies, financial instruments, which are defined as contracts for difference and other securities. You acknowledge and fully acknowledge that with the help of our service you participate in any activity, inaction, purchase, sale, bidding or any other transaction (collectively “transactions”) in the market as a person acting on its own behalf, and we do not act in as your agent in the performance of any financial and trading operations. You acknowledge that you are directly and completely responsible for the fulfillment of all your obligations regarding your transactions in the market made using the Company’s service. After completing all security and identification procedures associated with the use of the Company’s service, the Company gives you access to the service in the event that there are no other agreements or your instructions. All references to our trading hours are given in Greenwich Mean Time (“GMT”) in 24-hour format. The Company’s service is available for work from 22:00 GMT on Sunday until 22:00 GMT on Friday (in winter), or from 23:00 GMT on Sunday until 23:00 GMT on Friday (in summer) every week except public holidays, when financial markets do not work, and in cases where markets are closed due to lack of liquidity in financial instruments. Please visit our website for more detailed information regarding hours of operation for each financial instrument. The Company reserves the right to suspend or change hours of operation at our discretion, in such a case, the relevant changes will be reflected on the Company’s website in order to convey this information to you. Customers are given the opportunity to carry out trading operations over the phone during trading hours. You acknowledge that the Company may close transactions under price difference contracts at the last available price on the market on the last day the contract expires. Closing times are indicated on the company’s website.

The company offers customers various types of spreads, depending on the types of accounts.