Account Opening

The Client may apply to open a Trading Account via our website by:

  • Accepting this Agreement via “AGREE” and completing the application form.
  • Providing full, accurate information and notifying us of changes.
  • Being at least 18 years old or meeting local legal age.

We reserve the right to refuse or terminate any account at our discretion.

Usage of the Trading Platform

  • The license is personal, non-transferable, and limited.
  • Keep access codes confidential; you are responsible for all activity.
  • Any breach of this Agreement is solely your responsibility.

Activation of the Trading Account

Activation occurs once we verify your credited funds. Additional requirements may apply to ensure regulatory compliance. Inactive or non-compliant accounts remain frozen until obligations are met.

Transactions

  • Nature: Binary Options with fixed returns “in-the-money” or losses “out-of-money.”
  • Quotes: Indicative, based on accepted market formulas; we may adjust or cancel in case of errors.
  • Role: We may act as principal or agent; you act as principal.
  • Authorization: All valid instructions from you are binding.
  • Limits: We may set order limits or restrict terms without notice.
  • Arbitrage: Prohibited; abusive cancellations (>20%) may forfeit profits.

Margin & Funds Management

  • Transfer funds via approved methods; conversions at prevailing rates.
  • Bank transfers require SWIFT confirmation matching your info.
  • Funds become our property to secure your obligations.
  • Withdrawals processed within 24h, less any fees.
  • Funds must comply with anti-money laundering laws.

Fees & Charges

No brokerage fees or commissions. A flat transfer fee of 35 units per withdrawal may apply.

Account Statements

View balances and statements on the platform. Definitions are available on our website.

Bonuses

Bonuses or gifts are discretionary. Suspected fraud or breaches may result in forfeiture.

Closing & Cancellation

Either party may terminate with 10 business days’ notice or immediately for breaches. Upon termination, open positions must close, and obligations become due.

Limitations of Liability & Indemnities

Services are provided “as is.” We’re not liable for direct, indirect, or consequential losses. We may set off owed amounts against your debts.

General Provisions

  • Amendments: We may amend with 10 business days’ notice.
  • Partial Invalidity: Invalid provisions don’t affect the rest.
  • Joint Accounts: Any holder can act for all.
  • Notices: Sent to your contact details; complaints to contact@prudentproexchange.net.
  • Governing Law: U.S. law; exclusive American courts’ jurisdiction.
  • No Assignment: You may not assign; we may to affiliates.
  • Dormant Accounts: May incur fees or closure for inactivity.
  • Language: English or mutually agreed language.
  • Force Majeure: Not liable for uncontrollable events.