Active Client means a client referred by the Partner and included in the Partner’s affiliate group, who has completed at least 1 (one) full trade within the last 3 (three) calendar months and whose trading activity results in affiliate compensation being accrued to the Partner.
Full Trade means a completed trading operation, the result of which is reflected in the balance of the trading account.
Partner Compensation means compensation paid to the Partner for trading operations performed by clients referred by the Partner, in the manner and on the terms established by this Agreement and other Company documents.
Partner means a Client of the Company who is registered with the Company and has joined the affiliate program in accordance with this Agreement. For the purposes of this Agreement, such Client shall be referred to as the “Partner”.
Locked Positions means long (Buy) and short (Sell) positions of the same volume opened for the same financial instrument in one trading account.
Referral Link means a static link leading to the Company’s website, containing the Partner’s ID and placed by the Partner for the purpose of attracting clients.
Sub-Partner means a Partner registered with the Company and included in the group of a superior Partner.
Exispro LTD, operating under the trade name World Forex and hereinafter referred to as the “Company”, provides services related to foreign exchange operations on the Forex market, operations in CFDs, precious metals, digital contracts, cryptocurrencies, and other financial instruments available on the Company’s website. This Agreement governs the relationship between the Company and a Client of the Company who has joined the affiliate program and opened an affiliate account (hereinafter referred to as the “Partner”).
1.1 The Company and the Partner undertake mutually agreed obligations related to the Partner’s referral of clients to the Company, inclusion of such clients in the Partner’s affiliate group, and accrual of compensation to the Partner in accordance with this Agreement and the Company’s Public Offer Agreement.
1.2 The Company and the Partner shall comply with the provisions of this Agreement unless otherwise expressly agreed.
1.3 In performing these obligations, the Partner acts exclusively in its own name and at its own expense when attracting clients to the Company.
1.4 The Partner unconditionally acknowledges that all clients referred by the Partner are clients of the Company.
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 the special section of the website.
1.5.2 When registering, the Partner must provide accurate information.
1.5.3 The Company has the right to require the Partner to confirm the accuracy of the information provided when registering for the affiliate program. For this purpose, the Company may at any time request from the Partner an electronic copy of a passport or other identification document and, if necessary, a notarized copy thereof, provided this does not contradict applicable law.
1.5.4 After registration is confirmed, the Partner is assigned a unique code – ID, and is also provided with a personal account (USD) for the accrual of compensation from trading by clients referred by the Partner.
2.1 The Partner may provide prospective Clients with advertising and informational materials about the Company, referring them to relevant sections of the Company’s website and to other information whose accuracy has been confirmed by the Company.
2.2 The Partner may provide Clients with explanations regarding the content of the Company’s documents and the services provided by the Company only within the limits of official information published or confirmed by the Company.
2.3 The Partner must warn the Client about the risks associated with trading on financial markets before the conclusion of the Client Agreement and/or before the Client begins using the Company’s services.
2.4 The Partner shall not provide the Client with individual investment recommendations, trading signals, or other advice that may encourage the Client to carry out specific trading operations. The Company shall not be liable for the consequences of such recommendations or advice if they were given by the Partner in its own name.
3.1 A Client shall be deemed referred by the Partner provided that the Client registers with the Company as a Client for the first time and one of the following conditions is met:
3.1.1 The Client specified the Partner’s ID in the registration form when opening a trading account.
3.1.2 The Client accessed 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 independently register a Client as referred by the Partner provided that the Partner submits sufficient evidence confirming the fact of such referral.
3.1.4 If a Client is recognized as referred by the Partner, all subsequent trading accounts opened by such Client shall be included in the Partner’s affiliate group, provided that such trading accounts are opened within one Trader’s Room.
3.1.5 The Partner shall not be entitled to refer itself, its relatives, persons living together with the Partner, or any other affiliated persons as its referrals. If any matches or overlaps are identified between the data of the Partner and the Client (including, but not limited to, passport details, address, telephone number, e-mail, IP addresses, payment details, and other identifying data), the Company shall have the right to conduct a review and, based on the results of such review, exclude the relevant client accounts from the Partner’s affiliate group. No Partner Compensation shall be accrued for such accounts, and any compensation previously accrued shall be subject to cancellation by means of a correction to the balance of the Partner’s account. Until the review is completed, the Company shall also have the right to restrict the withdrawal or transfer of disputed amounts.
4.1 To attract Clients to register on the Company’s website and to enter into trading operations on international financial markets on the terms offered by the Company.
4.2 The Partner undertakes to comply with all provisions of this Agreement.
4.3 The Partner has the right to participate in only one affiliate program.
4.4 The Partner must be sufficiently informed about the services provided by the Company, the main competitive advantages of the Company, and possess general knowledge of international financial markets.
4.5 The Partner must independently monitor all changes in the Company’s operations, news, and promotions, and timely inform the Clients in the Partner’s group thereof.
4.6 The Partner must provide comprehensive informational support to Clients belonging to the Partner’s group, within the limits of its authority and the official information of the Company, and facilitate the resolution of issues arising for Clients in connection with the use of the Company’s services.
4.7 The Partner must provide explanations in response to any questions raised by the Client regarding the services provided by the Company.
4.8 If the Partner is unable to resolve a Client’s issue independently, the Partner must contact the Company’s staff after first obtaining all details necessary to resolve the matter (account number(s), order number(s), time, etc.).
4.9 The Partner has the right to independently plan and conduct marketing and advertising campaigns only with the Company’s prior approval.
4.10 The Partner may perform deposit and withdrawal operations from the personal account to which affiliate compensation is credited, in accordance with the terms of the Public Offer Agreement.
4.11 The personal account to which Partner Compensation is credited has the same features as a client’s personal account (depending on the account type). Funds may be transferred to any trading account for the Partner’s own trading operations.
4.12 The Partner has the right to track the effectiveness of advertising campaigns using statistics provided by the Company.
4.13 The Partner has the right to use advertising materials provided by the Company, including banners, text links, landing pages, etc.
4.14 The Partner has the right to use the Company’s logo for advertising purposes to the extent and in the manner permitted by the Company.
4.15 The Partner must inform the Company of all facts or circumstances that become known to the Partner and that may result in adverse consequences for the Company.
5.1 Using the design of the Company’s website and any of its elements, except for the Company’s logo, including full or partial copying.
5.2 The Partner has no right to carry out any settlements with Clients (in cash or cashless form, in national or foreign currency), including accepting from Clients any funds, securities, or other property.
5.3 The Partner has no right to attract Clients by using impermissible methods or means. Such methods and means include, but are not limited to: fraud, misleading statements, provision of incomplete information about the risks arising from investment in financial instruments, concealment of material information about the Company’s services, and other unfair actions.
5.4 The Partner is prohibited from using any types of unfair advertising to promote its activities. In particular, the following are prohibited:
- active promotion systems;
- advertising on websites containing illegal, immoral, discriminatory, misleading, or otherwise inappropriate content;
- advertising involving deliberate distortion of the description of the services offered, as well as deliberate non-disclosure to Clients of risks and information about the services offered;
- any other forms of unfair advertising.
5.5 The Partner is prohibited from placing advertisements containing a referral link to the Company’s website or to any other web resource leading to the Company’s services in contextual advertising systems, banner networks, online catalogs, and other advertising systems using, as keywords, the Company’s corporate name, trademarks, brands, domain names, as well as obvious variations of their spelling capable of misleading users as to the official source of the advertisement.
5.6 The Partner is prohibited from using redirects and other forms of forced redirection of users to the Company’s official website.
5.7 The Partner has no right to conduct any operations on a Client’s trading account without the relevant authorization from the Client.
5.8 The Partner’s YouTube channel or web resource must not contain pornographic materials, erotic materials, propaganda of violence or racial discrimination, calls to commit crimes, excessive use of obscene language, or software capable of causing harm to the user’s equipment.
6.1 To open trading accounts for Clients referred by the Partner in accordance with the Company’s trading conditions and on the basis of the Public Offer Agreement.
6.2 The Company must notify the Partner of amendments made to the Affiliate Agreement by posting the relevant information on the Company’s website.
6.3 The Company must provide the Partner with statistical and other information to the extent necessary for the Partner’s participation in the affiliate program, accrual of compensation, and analysis of the effectiveness of Client referrals, taking into account confidentiality rules and personal data protection requirements.
6.4 The Company must pay compensation to the Partner 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 aimed at attracting Clients.
6.6 The Company has the right to inform Clients belonging to the Partner’s group that the latter receives affiliate compensation from the trading operations of such Clients for activities described in this Agreement.
6.7 In the event that the Partner fails to fulfill its obligations under this Agreement, the Company has the right to exclude one or more Clients from the Partner’s group.
6.8 The Company has the right to terminate or suspend this Agreement if the Partner has not attracted 3 (three) Active Clients within 90 days from the date of the most recent registration of an Active Client.
6.9 Under no circumstances shall the Company be liable for:
6.9.1 Any actions or omissions of the Partner committed outside the scope of authority granted by the Company.
6.9.2 Any damage caused by the Partner to any third parties.
6.10 The Company has the right to suspend this Agreement or terminate it unilaterally in the event of the Partner’s violation or non-fulfillment of the terms of this Agreement.
7.1 Registration of Clients and inclusion thereof in the Partner’s group shall occur by one of the following methods:
7.1.1 By means of the Client using the Partner’s referral link to access the Company’s official website.
7.1.2 By the Client specifying the Partner’s ID code in the registration form on the Company’s website.
7.1.3 By the Company independently adding the Client to the Partner’s group, provided that the Client was registered after the Partner’s registration and the Partner provides the Client’s full name and account number within 10 days from the opening of the trading account.
7.1.4 Data on a click made through a link containing the Partner’s ID is stored in the Client’s browser cookies. The storage period for such data is 2 (two) years from the date of the click. If, before the expiration of such period, the Client follows the referral link of another Partner, the cookies may be overwritten with the new Partner’s ID.
7.2 The Client has the right to refuse the services of the Partner and to be serviced directly by the Company.
7.2.1 When opening a trading account, the Client may specify the ID of another Partner. In such case, the Client’s trading profile remains in the group of the main Partner, while the trading account is assigned to the group of the Partner whose ID was specified upon opening that account.
7.3 In order to prevent unfair competition, the transfer of Clients between affiliate groups is prohibited.
8.1 The Partner may participate in one of the following programs: “Internet Partner”, “YouTube Partner”, and “Representative Office”.
8.2 Depending on the fulfillment of the established conditions, the Partner may be assigned one of the following levels under the “Internet Partner” and “YouTube Partner” programs: “Beginner”, “Pro”, “Expert”.
8.3 A multi-level partner compensation system is available for all affiliate program levels.
8.4 The “YouTube Partner” program applies provided that the Partner has a verified YouTube channel in the Trader’s Room.
8.5 After registration in the “Internet Partner” program, the Partner must add in the Trader’s Room one or more web resources containing a referral link to any page of the Company’s website.
8.6 To participate in the “YouTube Partner” program, the Partner must submit for verification one or more YouTube channels containing a referral link to any page of the Company’s website. During the verification period, the Partner must place its ID in the channel description.
8.7 Verification of a YouTube channel is carried out within 3 (three) business days from the date the resource is submitted for verification. The result of successful verification is the assignment of the “Verified” status to the YouTube channel, after which the Partner is assigned the “Beginner” level under the “YouTube Partner” program.
8.8 The Company has the right to refuse verification of a YouTube channel or revoke previously granted verification if it considers that the resource does not correspond to the subject matter of financial markets, Forex, CFDs, digital contracts, or other requirements of the Company.
8.9 The “Beginner” level under the “Internet Partner” program is assigned automatically after the Partner registers in the respective affiliate program of the Company.
8.10 The “Beginner” level under the “YouTube Partner” program may be assigned to a Partner if the Partner has a YouTube channel of financial subject matter that has passed verification with the Company.
8.11 The “Pro” level under the “Internet Partner” or “YouTube Partner” program may be assigned to a Partner if the following conditions are met:
- number of Active Clients: at least 20;
- the monthly turnover of the Partner’s Clients must amount to 85 standard lots or 25,000 USD of turnover in digital contract assets over 30 days. In the case of a mixed audience of Clients, the total turnover requirement shall be deemed fulfilled if it is satisfied for at least one group of financial instruments. If there are 20 or more Active Clients but the turnover requirement is not met, the decision to change the level shall be made by the Company at its sole discretion.
8.12 The “Expert” level under the “Internet Partner” or “YouTube Partner” program may be assigned to a Partner if the following conditions are met:
- number of Active Clients: at least 100;
- the monthly turnover of the Partner’s Clients must amount to 600 standard lots or 300,000 USD of turnover in digital contract assets over 30 days. In the case of a mixed audience of Clients, the total turnover requirement shall be deemed fulfilled if it is satisfied for at least one group of financial instruments. If there are 100 or more Active Clients but the turnover requirement is not met, the decision to change the level shall be made by the Company at its sole discretion.
8.13 The terms of cooperation and the amount of motivation under the “Representative Office” program shall be determined individually after review by the affiliate department of an application submitted in the relevant section of the official website of the Company or of an e-mail sent to [email protected].
9.1 Partner Compensation is credited to the Partner once per day according to the table of partner compensation rates for the financial instruments offered by the Company for trading.
9.2 The Partner’s compensation depends on the trading instrument, the trade volume, the Client’s account type, and the type of financial instrument.
9.3 A condition for crediting Partner Compensation is that the trade passes the minimum amount of “MTP” (Minimal Trade Points), as established for each financial instrument in the partner compensation table. The “MTP” value is calculated at the moment the trade is closed.
9.4 Partner Compensation shall not be credited for trades with a duration of less than 2 (two) minutes. This rule also applies to trades the volume of which was fully or partially covered by an opposite trade in the same trading instrument within less than 2 (two) minutes from the opening of the first trade.
9.5 Partner Compensation shall not be credited for trades in digital contracts of the “Digital Contracts 0-100” group.
9.6 In the event of opening an opposite position of the same volume and in the same financial instrument that fully or partially covers (locks) the volume of the first position, Partner Compensation shall be credited for both trades in the amount of 50% of the established partner compensation rate for such instrument.
9.7 If during a month the Partner attracts fewer than 3 Active Clients, the Company has the right to:
- downgrade the Partner to the “Beginner” level if the Partner is at the “Pro” or “Expert” level;
- suspend participation in the affiliate program if the Partner is at the “Beginner” level.
9.8 The Company has the right to reduce Partner Compensation by 50% if the amount of daily accrual to the Partner’s account exceeds 400 USD, provided that the Partner’s group contains fewer than 9 Active Clients.
9.9 The Company has the right not to accrue Partner Compensation for trades of Clients carried out due to imperfections of the trading platform, and also to exclude such Clients from the Partner’s group.
9.10 In the event of a dispute regarding an order for which Partner Compensation was accrued, the Company reserves the right to cancel the compensation received from such trade by means of a correction to the balance of the Partner’s account.
9.11 In the event that orders are detected on the account of a referred Client that contradict the terms of the Public Offer Agreement or the rules of the bonus system, as well as in the event that Partner Compensation is received from accounts suspected of fraud, the compensation received from such accounts shall be cancelled in full and such Clients shall be removed from the Partner’s group.
9.12 The Company reserves the right to refuse payment of Partner Compensation for trades where the margin required to open such trades was provided solely by bonus funds. This rule may also be applied to compensation already accrued, and such participants in the bonus program may be excluded from the Partner’s group.
9.13 The multi-level partner compensation system has 3 levels. Level 1 includes compensation for Clients directly included in the Partner’s affiliate group. Levels 2 and 3 include Clients in the groups of Sub-Partners.
9.14 Distribution of accruals under the multi-level partner compensation system as a percentage of the established partner compensation rate:
- for Level 1 Clients – 100%;
- for Level 2 Clients – 18%;
- for Level 3 Clients – 6%.
9.15 In cases where withdrawal of funds using the details provided by the Partner is impossible, restricted by the rules of the payment system, security requirements, compliance procedures, or other reasonable grounds, the Company has the right to reject such withdrawal method and offer withdrawal in another currency or through another payment system.
9.16 Withdrawal of funds from the Partner’s account shall be carried out in accordance with the Public Offer Agreement, section “Settlement Procedure”.
10.1 In the event of a dispute in connection with the performance of this Agreement, the parties shall seek to settle it through negotiations.
10.2 The Partner has the right to submit a claim to the Company in the event of a dispute. Claims are accepted within five business days from the date the disputed situation arises.
10.3 A claim shall be submitted by creating a request from the personal area to the Partner Relations Department or by sending an e-mail to [email protected] from the Partner’s registered e-mail address.
10.4 Claims relating to lost profit shall not be considered.
10.5 The period for review of the Partner’s claim shall not exceed ten business days.
10.6 If a disputed situation is not expressly regulated by this Agreement, the Company shall make its decision on the basis of the provisions of this Agreement, the Public Offer Agreement, applicable internal rules of the Company, and business customs, insofar as they do not contradict applicable law.
11.1 The Partner has no right to disclose any information received from the Company during joint activity, as well as information and data contained in this Agreement, during the entire term of this Agreement and for five years after its termination.
11.2 The Partner has no right to provide competing third parties with confidential information that discloses the mechanism and methods of the Company’s business activity in providing its services.
11.3 The parties shall maintain the confidentiality of all information regarding Clients’ personal data, account data, and their transactions.
12.1 The terms of this Agreement may be amended or supplemented by the Company unilaterally with prior notice of 3 (three) calendar days.
12.2 Either party to this Agreement has the right to unilaterally withdraw from this Agreement out of court by giving the other party no less than 5 (five) calendar days’ notice.
Company: Exispro LTD | Partner
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