Climax Prime Journal

Journal status: live
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Climax Prime Profile
Year
2021
Country
SVG
Branches
1
Regulation
not regulated
Registration
FSA SVG
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х North Korea
Broker type
STP, ECN marketing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
...
LPs quality
Tier-1 Banks
LPs names
not disclosed

Climax Prime Accounts
STP
ECN
Minimum Deposit
100 $
400 $
Leverage
300 : 1
300 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1.2 pips
0.5 pips
Commission
0 $/lotRT
10 $/lotRT
Volume
30 lots
30 lots
Margin Call
100 %
100 %
Stop Out
30 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Deposit & Fees
Deposit methods
Credit Card, Debit Card, Skrill, Neteller, Perfect Money, WebMoney, Bitcoin, Ethereum, Tether
Base currency
USD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 3 months
Update broker

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

https://climaxprime.org/en/

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.

https://climaxprime.org/Terms-and-conditions/Order-Execution-Policy.pdf

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;

https://climaxprime.org/Terms-and-conditions/Client-Agreement.pdf



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