Legal Notes

1. General

1.1. The Company will open a trading account for the Client upon receiving the required identification documents and approval of this Agreement by the Client.

1.2. Access to the Client’s account by the Client will be in accordance with the Terms and Conditions of this Agreement.

2. Electronic Trading

By signing this Agreement, the Client is entitled to apply for access codes, within the Company’s electronic systems, to be able to give orders for the purchase or sale of Financial Instruments with the Company, through a compatible Personal Computer of the Client, connected to the Internet. The Client acknowledges and understands that the Company reserves the right, at its discretion, to terminate the Client’s access to the Company’s electronic systems or part of them in order to ensure the effective and efficient operation of its systems and protect the interests of all its Clients and its own.

The Client agrees and states that he will keep the access codes in a safe place and not reveal them to any other person. He will not proceed and avoid proceeding in any action that could probably allow the irregular or unauthorized access to or use of the Electronic System.

The Client agrees not to use the platform in an abusive way by lag trading and/or usage of server latency, price manipulation, time manipulation, and similar practices. In such a case, the Company will reverse all related Client’s trades and close any or all trading accounts of the Client.

The Client will make all necessary efforts to keep his access codes secret and known only to him. Also, the Client will be liable for all orders given through and under his access codes, and any such orders received by the Company will be considered as received by the Client.

The Client undertakes to notify the Company immediately if it comes to his attention that his access codes are being used unauthorized.

The Client acknowledges that the Company will not take action based on orders transmitted to the Company using electronic means other than those orders transmitted to the Company using the predetermined electronic means.

The Client acknowledges that the Company bears no responsibility if unauthorized third persons have access to information, including electronic addresses, electronic communication, and personal data, when the above are transmitted between the Client and the Company or any other party, using the Internet or other network communication facilities, telephone, or any other electronic means.

The Company is not an Internet Service Provider nor is responsible for any electricity failures that prevent the use of the system and cannot be responsible for not fulfilling any obligations under this Agreement because of the internet connection or electricity failures.

3. The Safe Execution of Trades

3.1. The Company will, in certain circumstances, accept instructions, by telephone or in person, provided that the Company is satisfied, at its full discretion, of the caller’s/Client’s identity and clarity of instructions.

Once the Client’s instructions or Orders are given to the Company, they cannot be revoked. Only in exceptional circumstances, the Company may allow the Client to revoke or amend the relevant instruction or Order. The Company has the right to proceed to a partial execution of the Client’s Orders.

3.2. The transaction (opening or closing a position) is executed at the “BID” (Buy)/“ASK” (Sell) prices offered to the Client. The Client chooses a desirable operation and makes a request to receive a transaction confirmation by the Company.

3.3. The Client, using electronic access, can give only the following orders of trading character:

• OPEN – to open a position
• CLOSE – to close an open position
• Stop-Loss – pending order to limit loss
• Take Profit – pending order to close at profit
• Buy Limit – order to buy at designated price or lower
• Buy Stop – order to buy above current price
• Sell Limit – order to sell at specified price or above
• Sell Stop – order to sell at specified price or above

At the Margin level of less than 50%, the Company has a discretionary right to begin closing position starting from most unprofitable. If the Margin level is equal or less than 3%, the Company will automatically close all positions at market price.

4. The Client’s Declarations

4.1. The Client declares that his communication with this Agreement does not conflict with any laws or regulations that are against him, and that he is obliged to fulfill any duty that comes from using the system.

4.2. The trading services that are offered through the website are only suitable for those who are aware of the risk of trading in the capital markets in general and in the currency market specifically.

4.3. The Client declares that he has knowledge of the trading system, including the opening and closing of deals.

4.4. A Client who is not familiar with the trading system is advised not to enter a trade unless he receives guidance from the Company’s representatives.

5. Consultation and Limitation of Responsibility

5.1. There is no advisory at the Company’s website or any other source regarding advice for or against currency trading.

5.2. The Company does not offer any advisory regarding Taxation.

5.3. The Company will not be responsible for any faults, mistakes, or trespasses regarding losses or expenses incurred, that may affect the Client or any third party as a result of counting upon the information or using the information that was given to the Client by the Company or by any other person.

6. Limitation of Loss

6.1. The order used to limit the loss is the stop-loss order, and it is a solution for suspending the deal that is causing loss of the value to the Client’s equity.

6.2. The maximum loss of the Client will not exceed the funds in his account.

6.3. The Company has a clear guideline to Margin Requirements: A customer must have a sufficient margin that must be maintained in order to open or close a position; the Company has the right to close any trade when Margin requirements are not met.

7. Reports

7.1. The Client can, at any time, browse through the reports regarding his ongoing trade through connection to the trading platform.

7.2. The Company does not send printed reports to its Clients. Upon the Client’s request, a report of ongoing deals and the financial status of his account will be given out.

8. Responsibility

8.1. All trades taken by the Clients are their own responsibility. The Company is not responsible for any damage, result, ban, loss, or debt that can occur to the Client directly or indirectly from this Agreement.

8.2. The Client declares that it’s known to him that trading currency pairs and other financial instruments are high-risk deals. High leverage can quickly affect the result of a deal.

8.3. The Client declares that he has read and understood all the details that are attached to this Agreement.

9. Accounting and Payments

9.1. The amounts of any deposits or withdrawals will be stated as a Balance transaction in the account history.

9.2. Payments will be delivered to the Client upon request, which is consistent with the details and conditions in this Agreement.

9.3. The Client declares and confirms that the Company can deduct from his account all the taxes or fees that are due according to regulations.

9.4. All Clients that use credit card transactions have a limit to 1 card per account.

10. Partners Account

10.1. Regarding a multi-owner account, according to the power of attorney that is used by the Company, all the owners are held responsible for their account. Any notification given out from the Company to one of the owners will be regarded as notification to all owners of the account.

11. Agreement Expiration

11.1. The Company supersedes the expiration of an Agreement action at any time upon notifying the Client and is executed right away.

11.2. When closing or terminating the Agreement from any party, either the Client or the Company will be obliged to close all open deals immediately after terminating this Agreement.

11.3. Starting from the date of terminating the Agreement, the Client is not allowed or able to open new deals or execute financial orders, without the approval of the Company.

12. General

12.1. This Agreement and its schedule-appendix supersede all the communications between the parties.

12.2. There will be no expiration date or cancellation for any change in this Agreement that will take place unless there is a written stamped letter between the parties.

12.3. The Client is not entitled to forward or delete this Agreement, including debit or credit to any third party.

12.6. This Agreement is only for adults 18+ yrs.

13. Bonus Terms and Conditions

13.1. These Terms and Conditions apply to all bonus promotions referenced or listed on gemini-prime.io, affiliated sites, or distributed in any and all forms of electronic communication.

13.2. Bonus will only be applied to one account and cannot be transferred between accounts.

13.3. The Client must trade a minimum trading volume of the bonus amount divided by 4 (four) in order to withdraw bonus funds.

13.4. If the requirement is not fulfilled within 60 days (44 market days) from the deposit date, the bonus amount will be withdrawn out of the Client’s account.

13.5. For example: If an account is funded with $1000 and received a bonus of $200, a trading volume of 50 lots (200/4) has to be done in order to withdraw bonus funds and profits.

13.7. The bonus and profits can only be withdrawn once the minimum trading requirements outlined above have been met.

Arbitrage Trading Warning

A Forex trading strategy that consists of locating an incorrectly priced currency pair and buying or selling it against another currency pair for a profitable risk-free trade by exploiting the WebTrader technology “holes” is forbidden.

In addition, abuse and/or arbitrage using the Company’s bonuses or swap-free accounts are strictly forbidden. Any trader believed to be performing arbitrage acknowledges that the Company may remove any such illegally attained profits from his or her trading account.

Inactivity Fees Terms and Conditions

This agreement outlines the terms and conditions related to inactivity fees for trading accounts held with GeminiPrime. An “Inactive account” is defined as an account that hasn’t executed a trade for a consecutive period of two calendar months.

Document Submission

Please scan your documents or take a high-quality digital camera picture, save the images in JPEG format, then upload your documents through the Client area on the website or alternatively send them via e-mail to support@gemini-prime.io.

The Company holds the security of documentation at the highest priority and treats all documents it receives with utmost respect and confidentiality. All files we obtain are fully protected using the highest level possible of encryption at every step of the review process.