Legal notice

Legal Notice – Binding Payment & Trade Obligations

This Legal Notice governs all transactions conducted through the Silver Gold PMX website and applies to all customers engaging in the purchase and/or sale of precious metals and related products.

By placing any order or executing any trade on the Silver Gold PMX platform, the customer acknowledges and agrees to the following legally binding terms:

1. Immediate Payment Obligation

All orders placed through Silver Gold PMX constitute a binding agreement. Payment for any confirmed order must be completed immediately, or within the timeframe explicitly stated at the time of checkout.

Failure to remit payment within the specified period shall constitute a default of the transaction.

2. Binding Nature of Trades

All trades executed on the Silver Gold PMX platform are final and legally binding. Once an order is confirmed, the customer is contractually obligated to complete the transaction in full.

Customers acknowledge that precious metals markets are highly volatile, and pricing is locked in at the time of order confirmation. As such, any attempt to cancel, delay, or default on a trade after confirmation is strictly prohibited.

3. Default, Cancellation & Market Loss Liability

In the event that a customer fails to complete payment or otherwise defaults on a confirmed order, Silver Gold PMX reserves the right to:

  • Cancel the transaction without further notice;

  • Impose a cancellation fee, the amount of which shall be determined at the sole discretion of Silver Gold PMX;

  • Recover any market loss incurred as a result of price fluctuations between the time of order confirmation and the time of cancellation or liquidation of the position.

The customer expressly agrees to be fully liable for all such losses, costs, and administrative fees arising from their failure to honor the trade.

4. Recovery & Credit Reporting

Silver Gold PMX reserves the absolute right to take appropriate recovery actions in the event of default, including but not limited to:

  • Reporting the default and associated financial obligations to recognized credit bureaus in Canada;

  • Sharing customer details with third-party collection agencies or recovery firms for the purpose of debt recovery;

  • Initiating legal proceedings to recover outstanding amounts, damages, and associated legal costs.

By engaging in transactions on this platform, the customer consents to such actions in the event of non-payment or breach of contract.

5. Legal Enforcement & Jurisdiction

All transactions, disputes, and enforcement actions arising out of or in connection with the use of the Silver Gold PMX platform shall be governed by and construed in accordance with the laws of the Province of Ontario, Canada.

The customer irrevocably agrees that all legal proceedings shall be subject to the exclusive jurisdiction of the courts located in Ontario, Canada.

6. Acknowledgement & Acceptance

By placing an order on the Silver Gold PMX website, the customer confirms that they have read, understood, and agreed to this Legal Notice and accept full legal responsibility for fulfilling all payment and trade obligations.

Failure to comply with these terms may result in financial liability, legal action, and adverse credit reporting.

Silver Gold PMX reserves the right to update, amend, or modify this Legal Notice at any time without prior notice. Continued use of the platform constitutes acceptance of any such changes.