Once a trader successfully completes our Evaluation phase, they do not become an employee, partner, broker-dealer or agent of PrimePoint Traders—instead they enter into a purely contractual, independent-contractor relationship. Here’s how it works in practice:
- Independent-Contractor Status
- No Employment: Traders remain sole proprietors (or whatever business entity they choose) and are responsible for their own taxes, insurance, etc.
- No Broker-Dealer Relationship: PrimePoint does not custody client funds or place trades in live markets, so we are not acting as a broker-dealer, investment adviser, or fiduciary.
- Licensed-Trader / Profit-Share Agreement
- License to Use Our Platform: By passing the Evaluation you’re granted a non-exclusive, revocable license to trade on our simulated capital via TradeLocker.
- Profit-Sharing Terms: That same agreement spells out your profit-split (80–100%), your risk limits (drawdowns, daily loss, consistency rules, etc.), and how/when you receive real-money rewards.
