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TERMS AND DEFINITIONS
Future plus LLC (a company registered under the laws of Kingstown St. Vincent and the Grenadines, registration number 2562 LLC 2022, located at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown St. Vincent and the Grenadines) (hereinafter the Company) provides access to the website https://intrade.bar (hereinafter the Site) and the additional domains intrade.bar related to the Site, and the ability to use the Site's services, to an individual (hereinafter the Client) in the manner and on the terms of this Agreement (Offer).
To register with the company as a Partner, you just need to register as a Client and go to the "Affiliate program" tab
Active client – a client acquired by the partner and in the partner's group who has made 1 (one) complete trade within 3 calendar months, for whose trading result the Partner is credited a reward.
Complete trade – a completed trading operation whose result is reflected in the trading account balance.
Partner reward – a settlement system under which the Partner is paid a reward for the trading operations of the clients the Partner has brought.
Partner – an individual who brings clients to the Company and acts in the Company's interests under this Agreement.
Locked positions – long (Buy) and short (Sell) positions of equal volume opened on the same currency pair in the same trading account.
Referral link – a static link to the Company's website containing the Partner ID, placed by the Partner to attract clients.
Refund – return of the funds invested in 1 trade whose quote at closing was at the same level as at opening.
1 General provisions:
• 1.1 The Company and the Partner undertake agreed obligations directly related to attracting Clients to the Company and to the conclusion of trading operations by Clients in the instruments offered by the Company, in the manner and on the terms set out in the Offer Agreement.
• 1.2 The Company and the Partner undertake to comply with the provisions of this Agreement, unless otherwise additionally agreed.
• 1.3 In fulfilling these obligations, the Partner acts solely in its own name and at its own expense when attracting clients to the Company.
• 1.4 The Partner unconditionally acknowledges that all Clients attracted on its behalf are Clients of the Company.
1.5 Partner registration:
• 1.5.1 The Partner registers on the Company's website as a Client and then submits an application to join the affiliate program in a dedicated section of the website.
• 1.5.2 When registering, the Partner must provide accurate data.
• 1.5.3 The Company has the right to require the Partner to confirm the authenticity of the data provided when registering in the affiliate program. To this end, the Company may at any time require the Partner to provide an electronic copy of their passport or a notarized copy (at the Company's discretion).
• 1.5.4 After the registration is confirmed, the Partner is assigned a unique code (ID) and is provided with a safe account for crediting rewards from the trading of the clients attracted by the Partner.
• 1.6. From 26.09.2019, partner rewards will be paid out only upon proof of ownership of the resource used to attract clients. If these conditions are not met, the funds from the affiliate program will be cancelled and the Client will be unlinked from the Partner.
2. Client relations:
• 2.1. The Partner may provide potential Clients with various promotional information about the Company, referring to the relevant sections of the Company's website, as well as other information whose accuracy has been confirmed by the Company.
• 2.2. The Partner must provide Clients with explanations regarding the content of the agreements and the services provided by the Company.
• 2.3. The Partner must warn the Client about the risks associated with trading on currency markets before the Client Agreement is concluded.
• 2.6. The Partner must refrain from giving the Client recommendations and advice that may motivate the attracted Clients to carry out trading operations. Otherwise, the Company bears no responsibility for the consequences of such recommendations and advice.
3. Interaction of the parties
• 3.1 A Client is considered attracted by the Partner provided that the Client registers as a Client of the Company for the first time and one of the following conditions is met.
• 3.1.1 When opening a trading account, the Client entered the Partner's ID in the registration form.
• 3.1.2 The Client went to the Company's website via a banner and/or a special referral link placed on the Partner's Web resource.
• 3.1.3 The Company may itself register a Client as attracted by the Partner, provided that the Partner can prove that it attracted this Client.
• 3.1.4 If a Client is recognized as attracted by the Partner, all subsequent trading accounts opened by the Client are placed in the Partner's partner group, provided that the trading accounts are opened within the same trader dashboard.
• 3.1.5 The Partner itself, its relatives and any other affiliated persons cannot be Clients of the Partner. If any overlap between the data of the Partner and a Client is detected (such as passport data, address, phone number, e-mail, IP addresses, payment details, etc.), the Client accounts where overlaps are found will be excluded from the Partner's partner group, and no partner reward will be credited for them. Rewards credited for such accounts cannot be withdrawn by withdrawing or transferring funds from the Partner's partner or trading accounts and will be cancelled by adjusting the account balance.
4. Partner's rights and obligations
• 4.1 The Partner undertakes to comply with all clauses of this Agreement.
• 4.2 The Partner may participate in only one affiliate program.
• 4.3 The Partner must be competent in the services provided by the Company and the Company's main competitive advantages, and have general knowledge of international financial markets.
• 4.4. The Partner must independently follow all changes in the Company's operations, news and current promotions and inform the Clients in the Partner's group about them in a timely manner.
• 4.5 The Partner must provide comprehensive information support to the Clients belonging to the Partner's group and resolve problems that Clients encounter in connection with their trading on currency markets.
• 4.6 The Partner must provide explanations on any questions the Client has regarding the services provided by the Company.
• 4.7 If the Partner cannot resolve a Client's problem on its own, the Partner must contact the Company's staff, having first collected all the details required to resolve the issue (account number(s), order number(s), time, etc.).
• 4.8 The Partner has the right to independently plan and carry out marketing and promotional campaigns only after agreeing them with the Company.
• 4.9 The Partner may deposit/withdraw funds to/from the safe account to which partner rewards are credited, in accordance with the terms of the Offer Agreement.
• 4.10 The safe account to which the partner reward is credited has the same properties as a client safe account (according to the account types). The funds may be transferred to a trading account for the Partner to carry out trading operations.
• 4.11 The Partner has the right to track the effectiveness of advertising campaigns using the statistics provided by the Company.
• 4.12 The Partner has the right to use the promotional materials provided by the Company: banners, text links, landing pages, etc.
• 4.13 The Partner may use the Company's logo for advertising.
• 4.14 The Partner must notify the Company of all facts or circumstances that become known to it and that may entail adverse consequences for the Company.
5. The Partner is prohibited from
• 5.1 Use the design of the Company's website and any of its elements, except the Company's logo, including full or partial copying.
• 5.2 The Partner has no right to make any settlements with Clients (in cash or non-cash form, in national or foreign currency), including accepting funds, securities or other property from Clients.
• 5.3 The Partner has no right to attract Clients using unacceptable means and methods. Unacceptable means and methods include, among others: deception, misleading, providing incomplete information about the risks of investing in financial instruments, and others.
• 5.4 The Partner is prohibited from using any form of unfair advertising to promote its activities. In particular, it is prohibited to use:
- Active promotion systems;
- Advertising on immoral websites;
- Advertising that deliberately misrepresents the services offered, as well as deliberate non-disclosure to Clients of the risks and information about the services offered;
- Any other forms of unfair advertising.
• 5.5 The Partner is strictly prohibited from placing advertisements with a referral link to the Company's website or a link to any other Web resource in the contextual advertising systems of Yandex, Google, banner networks, internet directories, etc. using as a keyword “intrade bar”, “intrade.bar” and all possible variants of its spelling, including similar-sounding words in any language.
• 5.6 The Partner is prohibited from using redirects and other forms of forced redirection of users to the official website of the Company.
• 5.7 The Partner has no right to carry out any operations on a Client's trading account without the Client's appropriate permission.
• 5.8 Register relatives as your clients.
• 5.9 Register clients who share the same IP address.
• 5.10 Your client is prohibited from being your partner.
6. Rights and obligations of the Company
• 6.1 Open trading accounts with the Company for Clients attracted by the Partner in accordance with the trading conditions and on the basis of the Offer Agreement.
• 6.2 The Company must inform the Partner of changes made to the Partner Agreement by posting the relevant information on the Company's website.
• 6.3 The Company must provide the Partner with information about the Client's participation in Binary options trading.
• 6.4 The Company must pay the Partner a reward in the manner established by this Agreement.
• 6.5 The Company has the right to receive from the Partner a full report on the progress and results of campaigns and promotions to attract Clients.
• 6.6 The Company may inform the Clients belonging to the Partner's group that the Partner receives a partner reward from the trading operations they carry out on Binary options for the activities described in this Agreement.
• 6.7 If the Partner fails to fulfil its obligations under this Agreement, the Company has the right to exclude the Client from the Partner's group.
• 6.8 The Company may terminate this Agreement if the Partner has not attracted 3 Clients within 180 days from the date of registration in the Company's affiliate program.
• 6.9 The Company may require full online verification of the Partner together with the Clients.
• 6.10 The Company has the right to terminate the agreement unilaterally if the Partner violates or fails to comply with the terms of this Agreement.
• 6.11 Under no circumstances shall the Company be liable for:
• 6.11.1 Any actions or omissions of the Partner committed beyond the powers granted by the Company.
• 6.11.2 Any damage caused by the Partner to any third parties.
7. Principles of the Partner's work and client acquisition
• 7.1 Clients are registered and added to the Partner's group in one of the following ways:
• 7.1.1 By the Client using the Partner link to go to the official website of the Company.
• 7.1.2 By the Company itself adding the Client to the Partner's group, provided that the Client registered later than the Partner and the Partner provides the Client's full name and account number within 10 days of the trading account being opened.
• 7.1.3. Data on a visit to the Company's website via a link containing the Partner's ID is stored in the internet browser's cookies. The cookies are valid for 2 years from the visit. If after some time the Client follows another Partner's referral link, the cookies are overwritten with the new Partner ID.
• 7.2 The Client has the right to refuse the Partner's services and be served directly by the Company.
• 7.3 To prevent unfair competition, transferring Clients between Partner groups is prohibited.
8. Determination of the Parties' income and settlements
• 8.1 The partner reward is credited to the Partner once a day in accordance with the table of Partner rewards for the financial instruments offered for trading by the Company.
• 8.2 The Partner's reward depends on the trade volume and the Client's account type. The Partner is paid 1% of each trade of a referred Client, or 53% of the broker's income. The Partner chooses the type of affiliate program before starting cooperation with the Broker. If the 53% affiliate program is chosen, the Partner's income is calculated using the formula (broker's income - clients' income)*53%. A negative balance is possible in this type of affiliate program.
• 8.3 No partner reward is credited for trades that were refunded. This rule also applies to trades whose volume (fully or partially) was offset by an opposite trade on the same trading instrument within less than 2 minutes of the first trade being opened.
• 8.4 If an opposite position of the same volume and on the same financial instrument is opened that fully or partially offsets (locks) the volume of the first position, the partner reward is credited for both trades at 50% of the partner reward rates set for that instrument.
• 8.5 The Company may decline to credit partner rewards for Client trades made by exploiting imperfections of the trading platform, and may also exclude such Clients from the Partner's group.
• 8.6 In the event of a dispute over an order from which a partner reward was credited, the Company reserves the right to cancel the reward received from such a trade by adjusting the partner account balance.
• 8.7 If orders that contradict the terms of the Offer Agreement or the rules for using the bonus system are found on the account of an attracted Client, and if partner rewards are received from accounts suspected of fraud, the reward received from such accounts is subject to cancellation in full, and the Clients themselves are subject to removal from the Partner's group.
• 8.8 The Company reserves the right to refuse to pay the partner reward for trades whose opening margin was secured solely by bonus funds. This rule may be applied to rewards already credited, and such participants of the bonus program may be excluded from the Partner's group.
• 8.9 The Company may cancel the partner reward for trades where the time between opening and closing (including the opening of opposite positions that fully or partially lock them) does not exceed two minutes.
• 8.10 The Partner may withdraw funds to any of the payment systems listed in My account in the “Withdrawal” section.
• 8.11 Funds are withdrawn from the partner account on the terms of the Offer Agreement, section “Settlement procedure”.
• 8.12 To withdraw funds from the partner dashboard, the balance must be positive and the number of attracted clients must be more than 2.
9. Dispute resolution
• 9.1 In the event of a dispute in connection with the performance of this Agreement, the parties shall try to settle it through negotiation.
• 9.2 The Partner may file a claim with the Company in the event of a dispute. Claims are accepted within five business days from the moment the dispute arises.
• 9.3 A claim is submitted as an electronic message (e-mail) to [email protected] sent from the Partner's registered address.
• 9.4 Claims concerning lost profit are not accepted for consideration.
• 9.5 A Partner's claim is considered within no more than ten business days.
• 9.6 If a dispute is not covered by this Agreement, the Company makes a decision at its own discretion in accordance with established practice.
10. Confidentiality
• 10.1 The Partner has no right to disclose any information received from the Company in the course of joint activities, or the information and details contained in this Agreement, during the entire term of this Agreement and for five years after its termination.
• 10.2 The Partner has no right to provide competing third parties with confidential information that reveals the mechanism and methods of the Company's activities in providing its services.
• 10.3 The Parties must keep confidential all information concerning Clients' personal data, data on their accounts and the trades they make.
11. Final provisions
• 11.1. The terms of this Agreement may be amended or supplemented by the Company unilaterally with three calendar days' prior notice.
• 11.2. Either party to this Agreement may unilaterally and out of court refuse to perform this Agreement by notifying the other party at least five days in advance.