Terms & Conditions

General Terms and Conditions

The content of this website is made available for your general information only and does not constitute the giving of investment advice or an offer to sell or the solicitation of an offer to buy any investment.

The information contained on this site has been given in good faith and every effort has been made to ensure its accuracy. Millennium Global Investments accepts no responsibility for any loss occasioned as a result of reliance placed on any parts of the contents of this website and makes no warranty as to the accuracy of any such information or content. The terms and conditions applicable to individual investors will be set out in the applicable contract or offering document.

Your use of the Millennium Global website is governed by these terms and conditions and by progressing beyond the home page you are deemed to accept these terms and conditions. Millennium Global makes no representations or warranties whatsoever about any of the content of this website or about content of any other website which you may access by hypertext link through this website.

When you access any other website by means of a link from this website you should understand that your access to that other website is independent of Millennium Global and Millennium Global has no control over the content of the website and Millennium Global does not, in any way ,endorse or approve the content of that website.

In no event will Millennium Global in any way be liable to you or any other person(s) or organisation(s) for loss or damage (whether direct, indirect, consequential, special or other) in connection with any use of this website.

If you are in any doubt about any of the information contained on this website please contact us or consult your usual professional financial advisor, if you have one.
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Opinions and any other information that may be included on the website are for your personal use and informational purposes only and are not necessarily the views or opinions of Millennium Global or the contributors whose views or opinions may change from time to time.

Millennium Global reserves the right to change the terms and conditions under which the website is offered without further notice to you. Your continued use of the the website shall signify your agreement with and understanding of any additional or modified terms and conditions applicable to the website, which additions and modifications can be made at any time, without notice.

Additionally, failure to engage in trading activity on your funded account for a consecutive one-month period will lead to the termination of your account due to inactivity.

Disclaimer

By agreeing to these Terms of Service, you represent that you are at least the age of majority in your state or province of residence, or that you are the age of majority in your state or province of residence and you have given us your consent to allow any of your minor dependents to use this site. You may not use our services for any illegal or unauthorized purpose nor may you, in the use of the Service, violate any laws in your jurisdiction(including but not limited to copyright laws).

A breach or violation of any of the Terms will result in an immediate termination of your Services. The material on this site is provided for general information only and should not be relied upon or used as the sole basis for making decisions without consulting primary, more accurate, more complete or more timely sources of information. Any reliance on the material on this site is at your own risk. As an option to mitigate your risk you are always welcome to email your questions at support@millennium.global.com

General Conditions and Modifications

We reserve the right, but are not obligated, to limit the sales of our products or Services to any person, geographic region or jurisdiction. We may exercise this right on a case-by-case basis. We reserve the right to limit the quantities of any products or services that we offer. All descriptions of products or product pricing are subject to change at anytime without notice, a tour sole discretion. We reserve the right to discontinue any product at anytime. Prices for our products are subject to change without notice. We reserve the right at any time to modify or discontinue the Service(accounts provided) (or any part or content thereof) without notice at anytime. We shall not be liable to you or to any third-party for any modification, price change, suspension or discontinuance of the Service.

Personal Data

Your submission of personal information through the store is governed by our Privacy Policy.

Prohibited Uses

In addition to other prohibitions as set forth in the Terms of Service, you are prohibited from using the site or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, provincial or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others;(e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Service or of any related website, other websites, or the Internet; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the Service or any related website, other websites, or the Internet. We reserve the right to terminate your use of the Service or any related website for violating any of the prohibited uses.

Termination

These Terms of Service are effective unless and until terminated by either you or us. You may terminate these Terms of Service at any time by notifying us that you no longer wish to use our Services, or when you cease using our site.

Using reputational damaging language regarding Millennium Global, whether internal or external, without a valid basis is strictly prohibited. This includes but is not limited to posting negative reviews or comments online. By participating in our programs, you understand that Millennium Global values its reputation and will take necessary action to protect it. You further acknowledge that any violations of this provision may result in termination of your participation in the programs and may be subject to legal action.

*Consistency Clause

‍Traders will need to demonstrate consistency within their results in regards, but not limited to trade length and lot size in order to pass the minimum trading days required for the specific programs. For example if a trader opens one position at 15 lots on one day, then 6 positions at 0.1 lot on 6 other trading days, this will result in failing the Ability Challenge. Additionally, the risk team reserves the right to assess consistency based on the trader’s style, including but not limited to lot size and trade duration.

How to exercise your Rights

If you wish to contact us in respect of any of the Rights described above, please get in touch with our Data Protection Officer on 0 20 8050 1985 or via email at info@millenniumglobal.pro. We will respond to your request free of charge and usually within one month.

Ability Challenge Terms and Conditions

These General Terms and Conditions govern rights and obligations in connection with the use of services provided by Millennium Global. (the “Services”), offered mainly through the www.ability.capital.co.uk website (the “Website”). Please read these GTC carefully. These GTC govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the services provided by Millennium Global Investments Limited (Company Number 11652683) referred as Millennium Global (Trading Name) Address: Cleveland House, 33 King Street, London, England, SW1Y 6RJ.

You are under no obligation to use the Services if you do not agree or understand any portion of these Terms, nor should you use the Services unless you understand and agree to these Terms. You can review the most current version of the Terms of Service at anytime on this page.

We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page AND the website periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.

Services

1.1 By registering on the Website or, where registration is not required, not later than by your first use of the Services, you are entering into a contract with the Provider, the subject of which is the provision of the Services of your choice. The GTC form an integral part of such a contract and, by executing the contract with the Provider, you express your agreement to these GTC.

1.2 The Services are only intended for persons over the age of 18residing in the country for which the Services are available. By registering on the Website, you confirm that you are over 18 years of age. If you are under 18years of age, you may not use the Services. You undertake to access the Services solely from one of the countries for which the Services are available. You acknowledge that your access to and use of the Services may be restricted or prohibited by law in some countries, and you undertake to only access and use the Services in accordance with applicable laws.
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1.3 Any new features or tools which are added to the current store(under provided accounts section) shall also be subject to the Terms of Service. You can review the most current version of the Terms of Service at anytime on this page. We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.

Demo Challenge

2.1 The Services consist of the provision of tools for simulated trading on financial markets. Financial market information is used in the simulated trading; however, you acknowledge that any trading that you perform through the Services is not real. You also acknowledge that the funds provided to you for demo trading are fictitious and that you have no right to possess those fictitious funds beyond the scope of their use within the Services, and in particular that they may not be used for any actual trading and that you are not entitled to the payment of those funds. Unless expressly agreed otherwise, you will not be paid any remuneration or profits based on the results of your simulated trading, nor will you be required to pay any losses.

2.2 Failure to engage in trading activity on your funded account for a consecutive one-month period will lead to the termination of your account due to inactivity.
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2.3 NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BECONSIDERED INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDERDOES NOT GIVE OR PROVIDE TO YOU ANY GUIDANCE, INSTRUCTIONS, OR INFORMATIONABOUT HOW OR IN WHICH MANNER YOU SHOULD PERFORM TRANSACTIONS WHEN USING THESERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT THE INVESTMENTTOOLS TRADED, NOR DOES THE PROVIDER ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, ORINFORMATION FROM YOU. NONE OF THE SERVICES CONSTITUTE INVESTMENT ADVICE ORRECOMMENDATIONS. NO EMPLOYEES, STAFF, OR REPRESENTATIVES OF THE PROVIDER AREAUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANYINFORMATION OR STATEMENT OF ANY EMPLOYEE, STAFF, OR REPRESENTATIVES OF THEPROVIDER BE INTERPRETED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDEREXPLICITLY DISCLAIMS THAT THE SAME IS INVESTMENT ADVICE OR RECOMMENDATIONS ANDSHALL NOT BE RESPONSIBLE FOR THEM.

Fees

3.1 The fee for the Ability Challenge varies according to the option selected and depends on the amount of the initial capital. More detailed information on individual options and fees for those options are provided on the website. The final fee will be determined based on the option you select when completing the form for ordering the Ability Challenge. The Provider reserves the right to also provide the Services under individually agreed conditions. All individually agreed conditions shall be determined by the Provider at its own discretion. ALL PAYMENTS ARE FINAL AND FOR EVALUATION PURPOSES ONLY.
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3.2 The registration fees are paid for allowing you to access the Ability program platform, models and services. The Customer is not entitled to a refund of the registration fees if the service has been started (i.e. the account has been purchased) and/or the customer did not successfully complete the Evaluation. The customer is not entitled to open a dispute for the paid fee with the Customer’s bank or payment service provider as the completion of the purchase entitles the acceptance of the T&C.

3.3 The amounts of fees for the Ability Challenge options are in Great British Pounds. In the event of payment of the fee in any other currency than the GBP, the amount of the fee for the selected option shall be converted using the most recent exchange rate.
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3.4 You can pay the fee for the selected option of the Ability Challenge by a payment card, via a bank transfer, or using other means of payment that the Provider currently offers on the Website.

Irresponsible Trading

The risk management team will reserve the right to terminate the agreement and to revoke access to the account in case of trading misconduct, that will include, but is not limited to, any sort of illegal activity, arbitrage and gambling behaviour on the live environment.

Millennium Global reserves the absolute right to withdraw any trader from the programs, at any time and without giving any explanation. Engaging in conduct that is deemed by Millennium Global to be misconduct or negligence, including but not limited to gambling our capital or taking excessive risks, may result in immediate withdrawal from the program. By participating in our programs, you acknowledge and agree to this provision, and understand that Millennium Global will not be liable for any losses or damages resulting from such withdrawal. 9.2 If Millennium Global decides to withdrawal a trader from the program, the joining fee will be not refunded.

Disclaimer

Funded Trader Program Terms and Conditions

These General Terms and Conditions govern rights and obligations in connection with the use of services provided by Millennium Global. (the “Services”), offered mainly through the www.millenniumglobalinvest.com website (the “Website”). Please read these GTC carefully. These GTC govern your (“you”, “your”, or the “Customer”) rights and obligations in connection with the use of the services provided by Millennium Global Limited (Company Number 11652683) referred as Millennium Global (Trading Name) Address: Cleveland House, 33 King Street, London, England, SW1Y 6RJ.

1. Services

1.3 Any new features or tools which are added to the current store(under provided accounts section) shall also be subject to the Terms of Service. You can review the most current version of the Terms of Service at anytime on this page. We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.

2. Funded trader account

2.1 The Services consist of the provision of tools for trading in live environment on financial markets. Millennium Global shall supply risk monitoring services, and a trading account in live environment using MT4/MT5. Millennium Global operates within the financial services community and trades only own funds, but Millennium Global itself does not carry out any regulated activities and consequently is not required to be authorized by the Financial Conduct Authority. All of Millennium Global’s preferred clearers do conduct regulated activities and are authorized to do so by the Financial Conduct Authority.

2.2 Failure to engage in trading activity on your funded account for a consecutive one-month period will lead to the termination of your account due to inactivity.

2.3 NONE OF THE SERVICES PROVIDED TO YOU BY THE PROVIDER CAN BE CONSIDERED INVESTMENT SERVICES IN ACCORDANCE WITH APPLICABLE LAWS. THE PROVIDER DOES NOT GIVE OR PROVIDE TO YOU ANY GUIDANCE, INSTRUCTIONS, OR INFORMATION ABOUT HOW OR IN WHICH MANNER YOU SHOULD PERFORM TRANSACTIONS WHEN USING THE SERVICES OR OTHERWISE, OR ANY OTHER SIMILAR INFORMATION ABOUT THE INVESTMENT TOOLS TRADED, NOR DOES THE PROVIDER ACCEPT ANY SUCH GUIDANCE, INSTRUCTIONS, OR INFORMATION FROM YOU. NONE OF THE SERVICES CONSTITUTE INVESTMENT ADVICE OR RECOMMENDATIONS. NO EMPLOYEES, STAFF, OR REPRESENTATIVES OF THE PROVIDER ARE AUTHORIZED TO PROVIDE INVESTMENT ADVICE OR RECOMMENDATIONS. SHOULD ANY INFORMATION OR STATEMENT OF ANY EMPLOYEE, STAFF, OR REPRESENTATIVES OF THE PROVIDER BE INTERPRETED AS INVESTMENT ADVICE OR RECOMMENDATIONS, THE PROVIDER EXPLICITLY DISCLAIMS THAT THE SAME IS INVESTMENT ADVICE OR RECOMMENDATIONS AND SHALL NOT BE RESPONSIBLE FOR THEM.

2.4 Ownership and Discretion over Orders: Any order initiated by a trader is the exclusive property of Millennium Global. The firm retains complete discretion to manage such orders internally or to execute them, based on the company’s overall risk profile and the individual performance of the trader. Under no circumstances is Millennium Global obligated to fulfil or honour any order. The firm reserves the right to reject, hold, or execute any order at its sole discretion. It is to be expressly understood that our traders operate as contractor team members under a self-employed contract and are not considered clients of Millennium Global.

3. Fees

3.1 The fee for the Funded Trader Program varies according to the option selected and depends on the amount of the initial capital. More detailed information on individual options and fees for those options are provided on the website.. The Provider reserves the right to also provide the Services under individually agreed conditions. All individually agreed conditions shall be determined by the Provider at its own discretion.

3.2 No-Chargeback Clause: By entering into this agreement, you acknowledge and agree that you will not file a chargeback with your bank or credit card issuer for any transaction made under this agreement if the service has been started.

3.3 Refund: The registration and facilitation fees are paid for allowing the customer to access the Funded Trader program platform, models and services. The Trader is not entitled to a refund of the registration fees and/or facilitation fees if the service has been started (i.e. the account has been purchased), the fees are non-refundable once the trader has started their trading activity on the account. This includes both full and partial refunds. ALL PAYMENTS ARE FINAL.

3.4 The customer is not entitled to open a dispute for the paid fee with the Customer’s bank or payment service provider as the completion of the purchase entitles the acceptance of the T&C.

3.5 The amounts of fees for the Ability Challenge options are in Great British Pounds. In the event of payment of the fee in any other currency than the GBP, the amount of the fee for the selected option shall be converted using the most recent exchange rate.
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3.6 You can pay the fee for the selected option of the Funded Trader Program by a payment card, via a bank transfer, or using other means of payment that the Provider currently offers on the Website.

4. Employment Status

4.1 For the purposes of this Contract, the Trader shall be an independent self-employed contractor trading as a separate legal entity in his own right, and not the servant, employee, partner, representative or agent of Millennium Global and he has no power or authority to enter into any contract on behalf of Millennium Global or the Trading Company.

4.2 The Trader shall bear exclusive responsibility for the payment of his National Insurance contributions as a self employed person and for discharge of any Income Tax, VAT and any other taxation liability arising out of remuneration or trading profits earned under this Contract.

4.3 The Trader agrees to indemnify and keep indemnified Millennium Global against all liability arising out of any amount of Income Tax, VAT or any other taxation liability or National Insurance contributions to which Millennium Global may be assessed in respect of the Trader’s performance (such indemnity to include any legal and accounting costs on an indemnity basis which Millennium Global incurs).

4.4 The Trader if approved to the program will be considered and treated as professional trader not retail trader, assuming you’re having a high level of knowledge, expertise and experience, understanding of risk involved in the financial market.

4.5 The Trader operates as a contractor for Millennium Global, utilizing our infrastructure for trading purposes. They are not regarded as clients since Millennium Global does not maintain any client relationships.

5. Risk Management Rules

Please be advised that we require you to utilize your own Trading System in combination With Millennium Global’s money management trading rules as stated below:

-You start with a book of your preferred size as chosen from the available sizes on the website and we double for you the size of the account and volume allowed every 10% target.

-Overnight and over the weekend positions are allowed.

-The trader is NOT allowed to trade major events including: NFP, interest rates decisions, Central banks speeches etc., all exposure must be cleared 30 minutes before the events.

– If an absolute drawdown of 10% occurs in the account we have the right to terminate the agreement, disable the trading account and the trader is not liable to losses.

– If a daily drawdown of 5%, trailing from the equity, occurs in the account we have the right to terminate the agreement, disable the trading account and the trader is not liable to losses.

-The trader is allowed to trade majors and minor cross pairs, but is not allowed to trade any exotic, the trader can trade on gold in the form of XAUUSD, indices as NAS100, DOW30, SP500, GER30.

6. Profit Sharing

6.1 The Trader receives a predetermined percentage of all profits that will depend on the stage of the account, the initial capital purchased and the time taken to reach the target.

6.2 The Trader is compensated on a profit split basis only, and receives the share of the profits once (and only when) the Trader hits the target of ten percent.

6.3 Millennium Global doubles the size of the account every time the Trader reaches a target of 10% profit within the risk parameters, up to a maximum predetermined by Millennium Global. Any profit or loss made without respecting risk rules Millennium Global is not entitled to a payout and may cause the termination of the agreement and the termination of the participation in the programs.

6.4 Any activities related to arbitrage (including latency, one leg, two legs, pairs, or any other type of arbitrage) or any illegal, malicious, manipulative, or toxic trading activities, is not entitled to payout. By participating in our programs, you accept that any violations of our risk rules and parameters or engagement in any of the aforementioned activities may result in forfeiture of profits and termination of your participation in the programs. You also agree to indemnify and hold harmless Millennium Global from any losses or damages resulting from your engagement in such activities.

Irresponsible Trading

Disclaimer