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Aviso de riesgo: las operaciones con CFDs conllevan riesgos y pueden dar como resultado la pérdida de su capital. Debe tener en cuenta si entiende como funcionan los CFDs y si puede permitirse un alto riesgo en su inversión.
Por lo presente, ponemos a su disposición toda la documentación legal y contractual relativa a la prestación de servicios por parte de Millennium FX.
Le recomendamos que lea y comprenda los siguientes documentos:
-Declaración de riesgos
Millennium Fx — Risk Disclosure
Millenium Fx Limited warns that trading foreign exchange and futures on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you, as well as to your advantage. Before deciding to invest in foreign exchange or futures, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and consult with an independent financial advisor if you have any doubts.
Millennium Fx Limited, shall not be responsible for any loss arising from any investment based on any recommendation, forecast or other information provided. Any opinions, news, research, analyses, prices, or other information contained on this website are provided as general market commentary, and do not constitute investment advice. Millennium Fx Limited will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Each buy or sell decision by Client is an independent decision by Client. Millennium Fx Limited is not acting as an advisor or serving as a fiduciary to Client. Client agrees to indemnify and hold Millennium Fx Limited harmless from and against any and all liabilities, losses, damages, costs and expenses, arising therefrom. Tallinex Limited will not in any way be liable or responsible for any buy or sell trading actions done by the Client or for any losses arising therefrom.
Millennium Fx Limited´s automated order entry system provides immediate transmission of Client’s order once Client enters the notional amount and clicks «Buy/Sell». There is no «second look» before transmission, and Market Orders cannot be cancelled. This feature may be different from other trading systems. Client should utilize the Demo Trading System to become familiar with the process before trading online. In case the Client has not received the result of the execution of the previously sent Instruction but decides to repeat the Instruction, the Client shall accept the risk of making two Transactions instead of one.
In the event that Client grants trading authority or control over Client’s Account to a third party (the «Trading Agent» or «Introducing Broker»), Tallinex shall in no way be responsible for reviewing Client’s choice of such Trading Agent or for making any recommendations with respect thereto. Millenium Fx Limited makes no representations or warranties concerning any Trading Agent; Millennium Fx Limited shall not be responsible for any loss to Client occasioned by the actions of the Trading Agent; and Millennium Fx does not, by implication or otherwise, endorse or approve of the operating methods of the Trading Agent. If the Client gives the Trading Agent authority to exercise any of its rights over its Account, Client does so at Client’s risk. Even though the undersigned grants authority to Trading Agent, Client should be diligent and closely scrutinize all account activity.
Before the Client begins to trade, he/she should obtain a clear explanation of all commission, fees, markups, markdowns and other charges for which he/she will be responsible. These charges will affect Client’s net profit (if any) or increase Client’s loss.
There are no guarantees of profit or freedom from loss in Foreign Exchange Trading. Client has received no such guarantees from Millennium Fx Limited or from any of its representatives. Client is aware of the risks inherent in Foreign Exchange Trading and is financially able to bear such risks and withstand any losses incurred. Furthermore, client accepts sole responsibility for any actual losses which result from Foreign Exchange trading activities client chooses to engage in through Tallinex Limited and, in the case of currency account deposits made via debit/credit card, specifically agrees not to subsequently dispute such deposits.
Millennium Fx will provide prices to be used in trading, valuation of Client positions and determination of Margin requirements. Prices from Millennium Fx Limited are independent of prices of other institutions and businesses. Although Millennium Fx Limited expects that these prices will be reasonably related to prices available in the interbank market, prices reported by Millennium Fx may vary from prices available to banks and other participants in what is known as the interbank market.
Millennium Fx shall not be liable for any claims, losses, damages, costs or expenses, including attorneys’ fees, caused, directly or indirectly, by any breakdown or failure of any transmission or communication system or computer facility or trading software, whether belonging to Millennium Fx Limited, Client, any market, or any settlement or clearing system when Client trades online (via Internet).
The Client is wholly responsible for the privacy of the information received from Millennium Fx Limited and accepts the risk of any financial losses caused by the unauthorized access of the third party to the Client’s Trading Account.
In case of a Force Majeure Event the Client shall accept the risk of financial losses.
This is a Customer Agreement (“Agreement”) between Millennium Fx Limited (“ Millennium Fx”), a company organized under the laws of St Vincent and the Grenadines under company , its successors and assigns, and the individual entity executing this Agreement (“Client”). By completing the on-line Open Live Account Application (“Application”) Client agrees that the terms set out in this Agreement (as amended by Millennium Fx from time to time) govern the terms of all of Client’s dealings with Millennium Fx and Millennium Fx “Services”.
In consideration of Millennium Fx agreeing to carry on one or more accounts of Client and providing services to Client in connection with the purchase and sale of currencies (collectively, «Forex»), Client agrees as follows:
If any term of the Operative Agreements (or any part of any term) shall be held by a court of competent jurisdiction to be unenforceable for any reason then such term shall, to that extent, be deemed severable, but the enforceability of the remainder of Operative Agreements shall not be affected.
2. Responsibility for the content of the Millennium Fx Services
Millennium Fx is responsible for the legality of the content and that it is provided in accordance with good practice, in addition to requirements related to copyrights and other intellectual property rights.
The general information, guidance or advice provided by the Millennium Fx Services are not intended to be a legal, commercial, or similarly Millennium Fx -binding source of information, guidance or advice, and should not be relied upon by the user. On this basis, demands cannot be presented to Millennium Fx. Millennium Fx accepts no responsibility for any damages caused to the user through the use of incorrect, incomplete or ambiguous data.
Millennium Fx is responsible for the services and their accuracy, quality and the functioning of related data in accordance with the applied mandatory legislation.
3. Use of Website
Client acknowledges that whilst Millennium Fx will use reasonable endeavors to ensure all information on its website is accurate, Millennium Fx makes no warranties or representations that the website content is accurate or correct or up to date and any reliance on the information by Client is at Client’s own risk. Client acknowledges that Millennium Fx recommends that Client obtains its own professional legal and financial representation.
4. Margin requirements
The Client shall provide and maintain the Margin in such limits as Millennium Fx, at its sole discretion, may require from time to time under the Operative Agreements. It is the Client’s responsibility to ensure that the Client understands how a margin is calculated. Client agrees to maintain sufficient margin in Client’s account without notice from Millennium Fx. Millennium Fx is entitled to close the Client’s Open Positions without the consent of the Client or any prior written notice if the Equity is less than Millennium Fx’s valid margin requirements. Millennium Fx is not responsible for any realized losses arising therefrom.
5. Email Marketing
Millennium Fx does not send marketing emails.
6. Clients who are introduced to Millennium Fx by an Introducing Broker or Third Party Advisor
If an Introducing Broker or Third Party Advisor introduces the Client to Millennium Fx, the Client understands that Millennium Fx may pay fees, commissions or other compensation to such person or entity for the introduction. Client acknowledges and agrees that as an Introducing Broker or Third Party Advisor to Millennium Fx, the Introducing Broker or Third Party Advisor does not hold or collect any margined funds on behalf of Millennium Fx or for the Client’s Account. Millennium Fx does not control and cannot endorse or vouch for the accuracy of any information or advice Client may have or will receive from the Introducing Broker or Third Party Advisor and Client agrees that such Introducing Broker or Third Party Advisor does not in any form or manner represent or act for or on behalf of Millennium Fx. The Introducing Broker or Third Party Advisor will not have trade authorization privileges unless granted in writing by the Client. The Client under all circumstances understands and agrees that the Introducing Broker and/or Third Party Advisor is the Client’s agent and not the agent of Millennium Fx.
Millennium Fx is a wholly separate and independent entity from any Introducing Broker with which it has a business relationship. The Introducing Broker Agreement between Millennium Fx and Introducing Broker does not establish a joint venture or partnership and any such Introducing Broker is not an agent or employee of Millennium Fx.
7. Joint accounts
Where the Application is for a joint account, whilst the account is owned jointly each Client severally has authority: to trade Client’s account without restriction, to receive all correspondence and documents in respect to Client’s account, to receive or withdraw money from Client’s account, to execute agreements relating to Client’s account, and to deal with Millennium Fx fully. Millennium Fx has the authority to require joint action by the parties of the account in matters of the account if Millennium Fx decides at its discretion this is necessary. Client acknowledges that on the death of one of the joint parties all funds and property in Client’s account shall be deemed to be owned solely by the surviving party. Millennium Fx reserves the right in the event of the death of one of the joint parties to require a copy of the death certificate and is entitled to put a hold on the account until this has been provided.
8. Transfer of Customership
Client agrees that Millennium Fx may transfer Customership to a third party at its sole discretion. Unless otherwise notified, following transfer, Client shall be a client of the third party with the same contractual conditions as Client had with Millennium Fx.
9. Data security and Confidentiality
Client agrees and acknowledges that Client is the exclusive owner and solely responsible, joint and severally if applicable, for the confidentiality and protection of Client’s account number(s) and password(s) that allow Client to place on-line orders and access Millennium Fx’s electronic trading systems. Client further agrees that Client will be fully responsible for all activities including brokerage transactions that arise from the use of Client’s account number(s) and password(s). Client agrees to indemnify and hold Millennium Fx harmless from: if any other person utilizing Client’s confidential information provides instructions to Millennium Fx that may be contrary to Client’s instructions. Client will immediately notify Millennium Fx in writing or by e-mail of any loss, theft or unauthorized use of Client’s account number(s) and/or password(s). Client accepts that the data networks and the services which are provided through them are not completely safe, and that the user is responsible for the proper handling of the information and security of their own information systems. The user is also responsible for the equipment required to use the Services, the acquisition and operational condition of the links and software and to ensure that they do not cause damage or disruption to Millennium Fx or a third party.
10. No Tax, Accounting, Legal Market Advice or Trading recommendations
Client acknowledges that Millennium Fx does not provide any tax, accounting or legal advice of any kind to Client. Millennium Fx does not give advice or offer any opinion with respect to the profitability, suitability or potential value of a particular transaction or investment strategy. Client further acknowledge that any recommendations, research, market letters or other information (collectively, “Market Information”) provided to Client by Millennium Fx does not constitute an offer or solicitation to sell or to buy any Forex or other property. Client assumes the risk of relying on Market Information and hereby will indemnify and hold Millennium Fx harmless from any and all claims, demands, losses, damages or expenses Millennium Fx may incur as a result of Client’s use of Market Information. Client agrees that any investment decision and transaction Client makes will be based solely on Client’s own evaluation of Client’s financial circumstances and investment objectives and whether such decisions and transactions are suitable with respect to your investment and/or trading strategy. Millennium Fx does not provide buying or selling recommendations and neither do the services provide general information or other such information intended to guide the investment process of the client so the client must form their own view of the market or use the investment advice of specialists, taking into account that investment operations always come with high risk such as the loss of all invested capital. Client acknowledges and agrees that any market recommendations and information communicated to Client by Millennium Fx, its employees or any Third Party do not constitute an offer to sell or the solicitation of an offer to buy any Foreign Currency. Millennium Fx makes no representation, warranty or guarantee as to, and shall not be responsible for, the accuracy or completeness of any information or trading recommendation furnished to Client.
11. Commissions and Fees
Client understands and agrees that commissions and fees (as disclosed on Millennium Fx’s website or in writing to Client) are charged to Client’s account on any and all transactions Client enters into. Millennium Fx may share commissions, fees, rebates and, from time to time, profits with the introducing broker who introduced Client to Millennium Fx. Client agrees to pay all such commissions and fees. If Client is on a commission free account, Client will be charged a spread between the bid price of the instrument and ask price of the instrument.
12. No guarantees
The Services of Millennium Fx are provided «as is» and Millennium Fx disclaims any express or implied guarantees. All utilization of the Services takes place at the sole risk of the user.
Millennium Fx does not guarantee that:
The Services or the material received through the Services corresponds to the user’s expectations,
The Services are available uninterrupted or timely, reliably or flawlessly,
Prices reflected in the trading platform are correct until fully settled.
The accuracy and quality of the information which the user has received through the Services, is error-free, or otherwise meets the expectations of the user.
In situations where upline technical failure results in incorrect fills, Millennium Fx reserves the right to subsequently adjust and correct affected fill prices, whether to the benefit or detriment of the affected account.
Client acknowledges that only one Request or Instruction is allowed to be in the queue at one time. Once Client has transmitted a Request or an Instruction, any further Requests or Instructions transmitted by Client are ignored and the “Order is locked” message appears until the first Request or Instruction has been executed.
Client acknowledges that the only reliable source of Quotes Flow information is that of the real/live Server’s Quotes Base. Quotes Base in the Client Terminal is not a reliable source of Quotes Flow information because the connection between the Client Terminal and the Server may be disrupted at some point and some Quotes simply may not reach the Client Terminal.
Client acknowledges that when Client closes the order placing/modifying/deleting window or the position opening/closing window, the Instruction or Request that has been sent to the Server shall not be cancelled.
In cases where Client has not received the execution result of the previously sent Instruction and decides to repeat that Instruction, Client accepts the risk of duplicating the Transaction.
Client acknowledges that if a Pending Order has already been executed and Client sends an Instruction to modify its level and the levels of If-Done Orders at the same time, only the Instruction to modify Stop Loss and/or Take Profit levels will be executed on the position opened when the Pending Order triggered.
Nothing in this agreement shall limit the statutory rights of the consumer.
13. Limitation of liability
Millennium Fx (including its possible service providers) is not responsible for any incidental or consequential damages, including delays, damages caused by unused service possibilities, loss of income, goodwill, user rights, or data or other economic losses, resulting from: use of the services or because these could not be used, costs arising from acquiring a substitute service, data or information received through the services or a message which has been received through the services, unlawful data transmissions or unlawful alterations to these, or other conditions connected to the services. Further, Millennium Fx will not be liable for any loss or expense incurred by the client in connection with, or directly or indirectly arising from any failure by the company to perform any of its obligations as a result of a cause beyond its control; or the acts, commissions or negligence of any third party.
14. Force majeure
A force majeure releases Millennium Fx from any such obligations connected to its services, in so far as events prevent the functioning of its service or parts thereof or causes undue harm to it. Such events considered to be a force majeure are fires, earthquakes, floods, explosions, strikes and other cessations of work, the orders of officials, disturbances concerning the supply of energy, shortages of raw materials or equipment, war, civil unrest, externally caused by external sources resultant cable or data communication disturbances or other such reasons which were not previously known and for which prior preparation was not possible.
Millennium Fx will inform users through written notification of the onset, estimated duration and cessation of the above-mentioned circumstances as soon as possible after the event has occurred, in so far as an announcement is possible. Written notification shall be understood as e-mail, mail or announcement on Millennium Fx’s website.
15. Governing Law and Jurisdiction
This Agreement, the rights and obligations of the parties hereto, and any judicial or administrative action or proceeding arising directly or indirectly hereunder or in connection with the transactions contemplated hereby, whether brought by Client or Millennium Fx, shall be governed by, construed and enforced in all respects by the laws of St Vincent and the Grenadines and the parties submit to the exclusive jurisdiction of the St Vincent and the Grenadines courts.
If not otherwise stated in any applicable written Addenda, The Client may terminate the Operative Agreements with immediate effect by giving Written Notice to Millennium Fx. Accordingly, Millennium Fx may terminate the Operative Agreements with immediate effect by giving Written Notice to the Client. Any such termination will not affect any obligation which has already been incurred by either the Client or Millennium Fx in respect of any Open Position or any legal rights or obligations which may already have arisen under the Operative Agreements or any Transactions and deposit/withdrawal operations made thereunder. Upon termination Millennium Fx will be entitled without prior notice to the Client to cease to grant the Client access to the Trading Platform. Further, all amounts payable by the Client to Millennium Fx will become immediately due and payable including (but without limitation):
— All outstanding fees, charges and commissions;
— Any dealing expenses incurred by terminating the Operative Agreements; and
— Any losses and expenses realized in closing out any Transactions or settling or concluding outstanding obligations incurred by Millennium Fx on the Client’s behalf.
If you have any questions, feel free to contact us at email@example.com.
From time to time, Millennium Fx may promote bonus offers. Where applicable, details, terms and conditions of current and prior offers are shown below.
General Bonus Terms and Conditions
The Company has the right to amend, alter or terminate bonus offers at its sole discretion, and at any time without notice
The Company reserves the right to refuse a bonus at its sole discretion without the need to provide justification
Persons under the age of 18, or below the legal competent age in their country of residence («minors»), are not permitted to participate in bonus offers
Clients preferring not to take advantage of bonus offers should submit a general request via their Back-Office account and ask to be removed from the relevant bonus offer (Note: removal is a manual process that may take up to one business day)
If the Company suspects that a Client has abused or attempted to abuse a promotion, or otherwise acted with a lack of good faith towards the Company, then the Company reserves the right, at its sole discretion, to deny, withhold or withdraw from that Client any bonus or promotion and, if necessary, to cancel any terms and conditions with respect to that Client, either temporarily or permanently, or terminate that Client’s access to the service and/or block that Client’s Account. The Company will not be liable for any stop outs or any other consequences that result from a bonus cancellation and/or removal
Any dispute or situation not covered by these Terms will be resolved by the Company in a fair manner
100% Withdrawable Deposit Bonus (Validity: January 1st, 2015 — )
This deposit-based bonus offer allows each deposit to be withdrawn after trading sufficient volume. Deposits are listed (in date order) on the ‘Bonuses’ page of the relevant Back-Office profile (Funding->Bonuses menu option) and show the required volume and current progress. All trading volume for the associated trading account is applied to the earliest unclaimed deposit amount. In the event of account stop-out, volume already achieved is retained so bonus qualification can continue after adding funds to the account and resuming trading. The volume requirement may be varied from time to time but the requirement in force at time of deposit will form the basis of each bonus qualification. Multiple deposits during a calendar month shall be combined to form a single deposit amount. In order to qualify, the following criteria must be met:
a) Only new deposits are eligible, not inter-account / wallet transfers
b) The specified minimum number of lots must be traded for each 1.00 of bonus if the requirement is ‘0.5 lots per $1’ then deposit $100 and trade 50.00 lots
c) partial withdrawals of bonus amounts are not permitted — each calendar month deposit bonus total must be achieved in full
Once sufficient volume has been traded, the current bonus amount shall be transferred into the account wallet and instantly available for withdrawal. Qualification for any subsequent deposit amount will then begin immediately. Any deviation from, or attempt to circumvent, the bonus criteria renders the offer null and void.
100% Credit Bonus + Credit Withdrawal
This deposit-based bonus offer includes a 100% credit bonus on deposit amounts plus the ability to withdraw the credit bonus. The ‘credit bonus’ aspect increases account equity, free margin and leverage, but cannot be used to fund trading losses and cannot be withdrawn as cash unless volume requirements are met. By increasing free margin, the actual margin call and stop-out levels are reduced to almost 0% above the account balance, meaning that open losses can almost equal the account balance before stop-out will occur. The ‘credit bonus’ aspect is applicable to all deposits into the account. In order to qualify, the following criteria must be met:
a) the account must be new and introduced via referral ID 111268 or 106372
b) a minimum of 0.80 lots must be traded for each 1.00 of bonus
i.e. deposit $100 and trade 80.00 lots
c) partial withdrawals are not permitted
Following verification of adequate traded volume, the current credit bonus amount shall be converted into deposit to be traded and/or instantly available for withdrawal. Any deviation from the bonus criteria renders the offer null and void.
100% Credit Bonus + Bonus Scaling
This deposit-based bonus offer includes a 100% credit bonus on deposit amounts plus scaled 1,000% cash bonus offers. The ‘credit bonus’ aspect increases account equity, free margin and leverage, but cannot be used to fund trading losses and cannot be withdrawn as cash. By increasing free margin, the actual margin call and stop-out levels are reduced to almost 0% above the account balance, meaning that open losses can almost equal the account balance before stop-out will occur. The ‘credit bonus’ aspect is applicable to all deposits into the account. In order to qualify for a scaled bonus payment, the following criteria must be met:
a) The account type must be ECN-MICRO
b) The account must be new and introduced via referral ID 105742
c) The account balance must show an increase of 1,000% on deposits
i.e. deposit a total of $1,000 and trade that up to $11,000
d) A minimum of 0.25 lots must be traded for each 1.00 of bonus
Following verification of the results, the account holder must choose whether to accept a cash bonus equal to 1,000% of the balance increase (instantly available for withdrawal) or to attempt another 1,000% balance increase. Any deviation from the bonus criteria renders the offer null and void. Maximum of one cash bonus per account.
100% Credit Bonus
This deposit-based bonus offer is in lieu of the standard deposit bonus scheme and is intended to allow increased trading volume for PRO-MANAGED accounts linked to particular Money Managers. A ‘credit bonus’ increases account equity, free margin and leverage, but cannot be used to fund trading losses and cannot be withdrawn as cash. By increasing free margin, the actual margin call and stop-out levels are reduced to almost 0% above the account balance, meaning that open losses can almost equal the account balance before stop-out will occur.
PRO-MANAGED clients taking advantage of this bonus enjoy the following key benefits:
Protection from Margin Calls and Stop Outs during drawdown periods
Minimum deposit reduced from US$1,000 to just US$500 due to the 100% credit bonus
Bonus-specific Terms and Conditions
This deposit-based offer applies specifically to PRO-MANAGED accounts linked to particular Money Managers
The offer applies only to new deposits of at least US$500 (or equivalent)
The maximum amount that can be awarded under this bonus offer is US$50,000 (or equivalent) per trading account. If a Client has multiple trading accounts then the total sum awarded across all eligible trading accounts cannot exceed US$100,000 (or equivalent)
Internal fund transfers between Millennium Fx trading accounts owned by the same Client are considered withdrawals — bonus reduction will therefore occur if the amount being transferred from a 100% Credit Bonus account reduces the account balance below the level of deposit for which the bonus was awarded
Credit Bonuses cannot be transferred to other accounts other than by special prior arrangement between Millennium Fx and the respective Money Manager.
-Politica de privacidad
At Millennium Fx Limited, protecting the privacy and safeguarding the personal and financial information of our clients and website visitors is one of our highest priorities. The following statement explains how Millennium Fx Limited collects and protects your information.
Collected data information
The information Millennium Fx Limited collects directly from you is required to communicate with you, including your name, mailing address, telephone number, email address; and as required by law, valid credentials to verify your identity such as a passport, government issued ID, and address verification documents. Millennium Fx Limited also collects demographic information that our clients supply upon initiating a Millennium Fx Limited account including gender, date of birth, level of education, and occupation, amongst others.
The data is collected from Users during the registration process for Millennium Fx Limited. In addition, Millennium Fx Limited collects data related to the clients’ trading history.
Millennium Fx Limited may, by their own initiative, or at the request of the User, complete, correct or delete any incomplete, inaccurate or outdated personal data.
Disclosure of information
Data will not be disclosed for the purpose of direct advertising, distance selling or other direct marketing, market and public opinion research, or for personal matriculation. The personal data of an individual may be disclosed to a User’s superior, in accordance with their own organizational hierarchy. In exceptional circumstances, data may be legally disclosed to a third party upon a request by authorities, to enforce the then valid Operative Agreements and for the possible investigation of possible condition violations and to safeguard the security of Millennium Fx Limited.
The register is stored on a server protected by Millennium Fx Limited´s own password and, therefore, only Millennium Fx Limited has access to the information contained therein. Use of the information is protected by a username and a password. The register is protected by all appropriate technical and organizational measures. The data is contained within common databases that are protected by usernames, passwords and other technical means. The servers which hold the databases are located in locked premises. The databases are only accessible for processing by such individuals who have been authorized by Millennium Fx Limited.
Right of inspection
The User has the right to inspect the information held about him/her in the register and do so, free of charge, once per year. If a User wishes to exercise their right of inspection, they must first send a signed inspection request to Millennium Fx Limited at the address shown below. Should users wish to exercise their right to request deletion of information held about them then Millennium Fx will comply to the extent permitted under AML regulations.
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Pruebe nuestra plataforma con una cuenta Demo, con los datos del mercado reales, pero con un capital simulado.
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