Affiliate Terms and Conditions
As an authorized affiliate (IB-Affiliate) of VolumeFX LTD (Volume), you agree to abide by the terms and conditions contained in this agreement. Please read the entire agreement carefully before registering and promoting Volume as an affiliate. Your participation in the program is solely to legally advertise our website to receive a commission on accounts created, funded and traded by individuals referred to Volume by your own website or personal referrals.
By signing up for the Volume Affiliate Program, you indicate your acceptance of this Agreement and its terms and conditions.
1. Approval or Rejection of the Application
We reserve the right to approve or reject ANY Affiliate Program Application in our sole and absolute discretion. You will have no legal recourse against us for the rejection of your Affiliate Program Application.
Commissions will be paid once a month. The commission structure is as follows: For every 1 lot traded (100,000 units) the affiliate will receive $2 in commission. You cannot refer yourself, and you will not receive a commission on your own accounts. Payments will only be sent for transactions that have been successfully completed. Transactions that result in chargebacks or refunds will not be paid out.
Your affiliate application and status in the Program may be suspended or terminated for any of the following reasons:
- Inappropriate advertisements (false claims, misleading hyperlinks, etc.).
- Advertising on sites containing or promoting illegal activities.
- Self-referrals, fraudulent transactions, suspected affiliate fraud.
- Violation of intellectual property rights. Volume reserves the right to require license agreements from those who employ trademarks of VolumeFX LTD in order to protect our intellectual property rights.
- Offering rebates, coupons, or other form of promised kick-backs from your affiliate commission as an incentive. Adding bonuses or bundling other products with Volume, however, is acceptable. In addition to the foregoing, Volume reserves the right to terminate any affiliate account at any time, for any violations of this agreement or no reason.
4. Affiliate Links
You may use Volume Promo Kits and text links both on your website and within in your email messages. You may also advertise the Volume site in online and offline advertisements. You may create your own graphic following our Brand Guidelines and as long as they are deemed appropriate according to the conditions and not in violation as outlined in Condition 3.
Volume will not be liable for indirect or accidental damages (loss of revenue, commissions) due to affiliate tracking failures, loss of database files, or any results of intents of harm to the Program and/or to our website(s). We do not make any expressed or implied warranties with respect to the Program and/or the memberships or products created by Volume. We make no claim that the operation of the Program and/or our website(s) will be error-free and we will not be liable for any interruptions or errors.
Volume uses third parties to handle all of the payments sent to the Affiliates. These third parties are as followed:
- Wire Transfer
- Crypto (Bitcoin, Ethereum, LiteCoin, Bitcoin Cash, Dash, Ripple, Monero, Neo, NEM)
- Skrill, Neteller, UpayCard
These are subject to change. VolumeFX has the right to add or remove any of these third party payment providers.
8. Access to Affiliate Account
You will create a password so that you may enter the Volume secure affiliate account interface. From this you will be able to receive your reports that will describe our calculation of the commissions due to you.
9. KYC Verification
The Affiliate must send and be approved all the necessary KYC (Know Your Customer) Documents in order for the Commissions to start. The Affiliate must send in a Valid ID and Proof of Address.
10. Term of the Agreement
The term of this agreement begins upon your acceptance in the Program and will end when your Affiliate account is terminated. The terms and conditions of this agreement may be modified by us at any time. If any modification to the terms and conditions of this Agreement is unacceptable to you, your only choice is to terminate your Affiliate account. Your continuing participation in the Program will constitute your acceptance of any change.
Affiliate shall indemnify and hold harmless Volume and its affiliate and subsidiary companies, officers, directors, employees, licensees, successors and assigns, including those licensed or authorized by Volume to transmit and distribute materials, from any and all liabilities, damages, fines, judgments, claims, costs, losses, and expenses (including reasonable legal fees and costs) arising out of or related to any and all claims sustained in connection with this Agreement due to the negligence, misrepresentation, failure to disclose, or intentional misconduct of Affiliate.
12. Governing Law, Jurisdiction, and Attorney Fees
This Agreement shall be governed by and construed in accordance with the laws of Saint Vincent and the Grenadines. Any dispute arising under or related in any way to this Agreement shall be adjudicated exclusively in the state courts located in Saint Vincent and the Grenadines. In the event of litigation to enforce any provision of this Agreement, the prevailing party will be entitled to recover from the other party its costs and fees, including reasonable legal fees.
13. Electronic Signatures Effective
The Agreement is an electronic contract that sets out the legally binding terms of your participation in the Volume affiliate program. You indicate your acceptance of this Agreement and all of the terms and conditions contained or referenced in this Agreement by completing the Volume IB-Affiliate application process. This action creates an electronic signature that has the same legal force and effect as a handwritten signature.