Climax Prime Journal
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Climax Prime |
- Full listing profile: Climax Prime broker profile
Is Climax Prime safe?
- Investor protection: no
- Regulation: not regulated
- Registration: FSA SVG
- Publicly traded: no
- Segregated account: yes
- Guaranteed Stop Loss: no
- Negative Balance Protection: no
Is Climax Prime trusted?
- Information transparency: sufficient
- Customer service: prompt, helpful
- Climax Prime website: semi-detailed, updated
- Climax Prime popularity (by visitor count): low visits
How Climax Prime works
Tier 1 Banks with Deep Pool Liquidity
7.1. Execution Venues are the entities with which the orders are placed and executed. Financial Institutions acting as Execution Venues are Liquidity Providers. The list may be changed at the Company’s discretion by giving at least one business day prior notice to the Clients.
The Company selects to work with those third party venues that enable the Company to obtain on a consistent basis the best possible result for the execution of Client orders.
Company’s Prices: The Company will quote to Clients the prices provided by the Execution Venue.
42.1. It is understood that the Company arranges for the execution of Client Orders with another entity (the Liquidity Provider) and does not execute them itself as a principal to principal against the Client. The Client is hereby informed that the Company receives monthly commissions from the Liquidity Provider calculated as a percentage of the volume of Orders sent for execution every month.
“Scalping” shall mean the situation where the Client opens too many positions in CFDs at the same time and closes them for less than five minutes or buying at Bid price and selling at Ask price, so as to gain the Bid/Ask difference.
(j) you will not enter into any Transaction for the purposes of arbitrage, Scalping or to exploit any temporal and/or minor inaccuracy in any rate or price offered on the Trading Platform;
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