HOW TO DEPOSIT
The following questions are designed to answer the most common questions related to depositing money to your account with Prime Market.
How can i deposit funds?
Depositing funds into your Prime Market account is quick, easy, and best of all: secure. The entire process takes only a few minutes to complete and you will be immediately notified of any issues with your deposit.
There are a number of ways that you can choose to fund your account. They are:
Credit card: Prime Market accepts the following credit cards: visa, mastercard and discover.
Electronic payment: skrill
Wire transfer: if you wish to fund your account via wire transfer, please contact your account manager or access our live chat to receive the appropriate banking details.
Is there a minimum deposit?
Prime Market does require a minimum deposit but that amount does vary by funding type. The minimum deposit amounts are as follows:
Prime Market reserves the right to change these values without prior notice.
Does Prime Market have a maximum deposit amount?
Prime Market does have a maximum deposit amount which varies by deposit method. below are the amounts listed for deposits by credit card:
Daily limit:$/€/£ 10,000/¥100,000
Monthly limit:$/€/£40,000/ ¥4,000,000
Please contact your account manager if you are using an alternative deposit method.
Prime Market reserves the right to change these limits without prior notice and may request proof of id for security reasons.
Which currencies can I deposit?
During the registration process you can choose the type of currency that you wish to use for trading. Your choices are: us dollar, british pound, japanese yen, or the euro. Please note that once you have selected your currency it is not possible to change it.
does Prime Market accept cash deposits from clients?
no. Please note that the company does not accept cash deposits.
Deposits to Prime Market – how long does it take to appear in my account?
If you have made a deposit to Prime Market with a credit card or another form of electronic payment, your account will be credited immediately once the payment has been received by Prime Market’s systems. If you have deposited by wire transfer, it may take five business days before the funds are credited to your Prime Market trading account.
Prime Market combines the industry’s highest level of security with an easy-to-use interface for simple and safe banking transactions. We offer a number of methods that you can use to fund your account, whether you want to use a credit card or transfer funds via wire transfer.
After verifying your account, Prime Market strives to process your withdrawal request as quickly as possible so that you can receive your funds as fast as possible. Our identity verification process is meant to ensure that no false claims are made against your account.
In the banking section you can make new deposits, withdrawal requests, view pending and past transactions, and see which credit cards and electronic payment accounts are linked to your trading account.
If you have any questions about banking or pending requests, please view the other banking sections or contact our support team via live chat.
ANTI-MONEY LAUNDERING POLICY
«Money laundering» is the practice of engaging in a series of financial transactions to conceal the ownership, source, control or destination of illegally gained money. Ultimately, it is the process by which the proceeds of crime are made to appear to have a legitimate origin. Traderia committed to preventing money laundering through its service and complies.
Traderia aims at implementing strict anti-laundering policy to ensure that its customers will be identified for such suspicion up to a certain standard to minimize the procedural complications for genuine and legitimate customers. In order to fulfill its commitment to provide full assistance to government combating against such illegal financial transactions, Prime Market has developed technologically advanced and reliable electronic system which verifies its client identification and is able to store the detailed record of all previous financial transactions.
Traderia is obliged to report suspicious transactions. by misusing the service you may face criminal prosecution as we are bound to automatically report such behavior to the authorities.
One of the main measures to discourage money laundering and related illegal activities, Traderia doesn’t accept cash transaction whether you are intended to deposit or withdraw the fund. The company reserves the right to suspend or refuse to process a transaction at any stage, where it believes the transaction to be connected in any way to money laundering or criminal activity. In accordance with international law the company is not obliged to inform the client that it has reported to the corresponding bodies of the client’s suspicious activity.
Prime Market has set up a compliance regime in order to fulfill its formal legal requirement. It comprises the appointment of compliance officer, policy making, and regular review of their implementation.
Prime Market is also committed to regularly update its electronic system for inspection of suspicious transactions and for verification of client identification records, in accordance with any new regulations as they are promulgated, as well as providing training for its employees on enhancements to anti-money laundering procedures that may be required by new regulations.
Additional disclosure deposits and withdrawals
In the event of money deposits the sender name must match the name of customer present in Traderia records. No third party transfers are allowed in this case. Additionally, Traderia will not accept third party checks and/or an endorsed employer’s check unless approved by management.
Similarly in case of money withdrawal recipient name must match the name of account holder who is withdrawing money. if money is withdrawn via wire transfer, it can be done only to the same bank and the same account name from where money was deposited. If money is withdrawn via online payment system, it can be done only to the same account/e-wallet from where it was deposited.