Terms & Conditions
These Terms govern your use of PrimeTrades. Please also read our Risk Disclosure Notice, which forms part of these Terms.
1. Acceptance
By creating a PrimeTrades account, you confirm that you have read, understood, and agree to these Terms & Conditions, our Risk Disclosure Notice, and our Privacy Policy. If you do not agree, do not create an account or use the platform.
2. What PrimeTrades Is
PrimeTrades offers two separate services. You may use either or both, subject to eligibility:
- Copy trading: after identity verification, you may connect your own MT5 account so that trades placed on our master account are copied into yours, sized to your balance. We operate on a 50/50 profit sharing model: a performance fee of 50% on net profit generated for your account; you keep 50%. No fee applies to losses, flat trading periods, or to your original deposit ($0.00).
- Managed wallet: you may deposit via mobile money through PrimePay, which forwards funds to a licensed trading partner who trades on your behalf.
PrimeTrades does not guarantee any rate of return on either service. Trading involves real risk of loss, including of your full deposit. Past performance does not predict future results.
3. Eligibility and Identity Verification
You must complete identity verification (KYC) before connecting a broker account, depositing, or copy trading. We may decline, suspend, or terminate access to any account we reasonably believe does not meet our eligibility requirements, including the regional restrictions described in our Risk Disclosure Notice.
4. Your MT5 Account and Credentials
If you connect an MT5 account for copy trading, you may be asked for your MT5 account password so our copier can place trades on that account on your behalf. Your password is encrypted before storage and is used solely to operate the copy-trading service described in these Terms — never for any other purpose, and never shown back to anyone, including PrimeTrades staff, in plain text. You are responsible for the accuracy of the account details you provide and for keeping your own PrimeTrades login credentials secure.
5. Fees
Copy trading: 50% performance fee on net realized profit generated for your account; nothing on losses, flat sessions, or your deposit ($0.00). High-water mark principles apply.
Wallet: deposits and withdrawals are processed by PrimePay. Withdrawal fees and limits are shown to you before you confirm a withdrawal. Withdrawing your full balance, including your original deposit, may take up to 48 hours, as funds need to be pulled out of active trading first.
6. No Investment Advice
Nothing on PrimeTrades constitutes investment advice. Any decision to trade, deposit, or connect a broker account is yours alone. Where we provide market information (such as third-party price charts), it is for informational purposes only.
7. Account Termination
You may disconnect your broker account or stop using either service at any time. We may suspend or terminate your account for suspected fraud, violation of these Terms, or where required by law.
8. Limitation of Liability
To the fullest extent permitted by law, PrimeTrades is not liable for trading losses, losses arising from third-party services we rely on (including your broker and PrimePay), or losses arising from system failures, network issues, or events beyond our reasonable control. Nothing in these Terms limits liability that cannot be excluded by law.
9. Changes to These Terms
We may update these Terms from time to time. Continued use of PrimeTrades after an update constitutes acceptance of the revised Terms.