Client facing legal terms

Milele Prime Deposit Bonus Policy

Effective upon publication on the Milele Prime website.

Effective: Upon publication on the Milele Prime website
Audience: Eligible Milele Prime clients

This policy governs the Milele Prime Deposit Bonus. The summary displayed on the promotion page is provided for convenience only. This policy, together with the Milele Prime Client Agreement, contains the complete rules that apply to bonus credit.

Important By accepting or using bonus credit, you confirm that you have read and agreed to this policy and to the Milele Prime Client Agreement. If there is any conflict, the Client Agreement applies.

Current promotion The Deposit Bonus is 20% of your deposit, up to $2,000. It is earned on every deposit you make. Bonus credit is tradable, losable and non withdrawable.

Part A. Core policy

Deposit Bonus, 20% 20% of your deposit, up to $2,000. Earned on every deposit you make.

Your bonus is tradable, losable, and non withdrawable Bonus credit adds to your equity and can be used as margin to trade. It absorbs losses exactly like your own money, and it cannot be withdrawn as cash.

Withdrawals reduce your bonus proportionally Your bonus is reduced by the same percentage as the amount withdrawn. Example: deposit $100, receive a $20 bonus, withdraw $50, which is 50% of your deposit, and your bonus reduces by 50% to $10.

Reload bonuses are available, capped at $2,000 You can receive a bonus on every qualifying deposit. Total bonus credit is capped at $2,000 per client, regardless of how many deposits you make.

Profits are yours to keep Withdrawals are treated as coming from your deposit, not your profits. Example: deposit $100, receive a $20 bonus, earn $100 in profit, then withdraw $50. The $50 is taken against your deposit, so your bonus reduces by 50% to $10 and your profits remain untouched.

Where the credit lands A minimum deposit of $10 must be on the MT5 account for the bonus to be credited. Credit lands on an MT5 trading account, not your wallet.

2. What counts as a qualifying deposit

A qualifying deposit is new money sent to Milele Prime by the client from a payment method in the client’s own name.

The following do not count as qualifying deposits and earn no bonus:

internal transfers between accounts or from the wallet,
IB rebates or commissions,
refunds,
bonus credit,
prize money,
and money that was withdrawn from Milele Prime and re deposited within the previous 30 days.

The bonus is calculated on the amount received by Milele Prime after any payment provider fees.

The Deposit Bonus is available to clients who register directly with Milele Prime. Clients referred by an Introducing Broker are not eligible unless a separate arrangement has been confirmed in writing.

3. How the bonus is credited

The bonus is credited automatically to the MT5 account that received the deposit, normally instantly once the deposit clears.

Bonus credit is shown as “Credit” on MT5. It counts towards equity and free margin but never towards balance.

Milele Prime may hold or decline a bonus while a deposit is under review by the payment provider or the compliance team.

4. How the bonus is removed

When a withdrawal or internal transfer is requested, the bonus is reduced by the same percentage as the amount withdrawn compared with the client’s deposits, as described in Part A.

If positions are open at the time of the request, the percentage is worked out on the account equity including open profit and loss, not on balance alone.

If a client’s cash balance falls to zero, the remaining bonus credit is removed. Bonus credit cannot be used to keep trading once the client’s own money has been lost.

Removing bonus credit lowers equity and free margin. This may trigger a margin call or stop out on open positions. The client is responsible for checking margin before requesting a withdrawal or transfer. Milele Prime is not liable for any loss caused by the removal of bonus credit.

Bonus credit is removed from accounts that have no trading activity for 90 days.

5. Restrictions on use

Bonus credit may not be used to hedge. Opening opposite positions on the same instrument across accounts, or between a Milele Prime account and an account at another broker, in order to lock in bonus value is not allowed.

Trades opened and closed within a very short time purely to generate volume with bonus credit may be disregarded and the bonus removed.

Bonus credit cannot be transferred to another client or to the wallet.

6. Abuse and cancellation

Milele Prime may cancel the bonus, remove bonus credit and cancel any profit made using it if it reasonably believes the client has abused the programme. Abuse includes:

opening more than one client profile,
using false or borrowed identity documents,
sharing one payment method or IP address across several client profiles,
hedging as described above,
arbitrage or latency trading,
coordinated trading between accounts,
and any attempt to withdraw bonus credit as cash.

Milele Prime may ask for proof of source of funds or repeat identity checks before approving a withdrawal from an account that has received a bonus.

Where profits made through abuse have already been withdrawn, Milele Prime may recover them from any other balance the client holds.

A client who abuses the programme may be barred from all future promotions.

7. General terms

Milele Prime may change, pause or end the bonus programme at any time. Changes apply to deposits made after the change is published. Bonus credit already on an account is not affected unless the change is needed to comply with law or regulation.

The bonus programme is subject to the Milele Prime Client Agreement. If the two conflict, the Client Agreement applies.

A client may opt out of the bonus programme at any time by contacting [email protected]. Opting out removes any remaining bonus credit from the account.

These terms are governed by the laws of Saint Lucia, in line with the Client Agreement.

A plain English summary of this policy is published on the Bonus page. Every other Milele Prime legal document, including the Client Agreement, is published on the Legal and Regulatory page.