Velmenora Legal
Terms & Conditions
Velmenora provides simulated trading evaluation challenges designed to assess trader discipline, consistency, and risk management.
1. Simulated Evaluation Environment
Velmenora challenge accounts are simulated. No real capital is allocated to participants during the evaluation process. The platform is intended for educational evaluation, skill assessment, and trader development purposes.
2. No Brokerage, Investment, or Financial Advice
Velmenora does not provide brokerage services, investment services, portfolio management, financial advice, or access to live trading capital. Users are responsible for their own trading decisions outside the Velmenora platform.
3. Challenge Rules
- Participants must follow all published challenge rules.
- Risk limits, drawdown limits, and trading day requirements apply.
- Consistency and risk management rules may affect eligibility.
- Rule breaches may result in challenge failure.
- All results remain subject to manual review.
4. Fixed Reward Eligibility
Velmenora rewards are fixed evaluation rewards. They are not investment returns, profit shares, trading profits, or guaranteed payments. Reward eligibility requires successful completion of the challenge rules, manual review approval, identity or account verification where required, and fraud screening.
5. Manual Review
Passing automated metrics does not guarantee reward approval. Velmenora reserves the right to review account activity, trading behavior, payment history, user identity, and compliance signals before approving or rejecting any reward request.
6. Prohibited Activity
- Fraud, abuse, or manipulation of platform systems.
- Identity misuse, duplicate abuse, or payment manipulation.
- Exploiting technical issues, pricing errors, or loopholes.
- Using prohibited strategies or behavior designed to bypass rules.
- Chargeback abuse or false payment disputes.
7. Disputes
Disputes should be submitted to support@velmenora.com with the user email, account reference, payment reference, and a clear explanation of the issue.