IUX Partner Policy

IUX Partner Policy

IUX Partner Agreement 

The following are the complete terms and conditions to apply as a member of the IUX Partner Program. Please read this IUX Partner Agreement (hereinafter the “Agreement”) completely and carefully before enrolling in the IUX Partner Program. You must agree with and accept all of the terms and conditions contained in this Agreement without modifications, which include those terms and conditions expressly set out below and those incorporated herein by reference, before you may become a Partner of the Company.

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Parties to the Agreement 

The “Company” shall refer to IUX Markets Limited and its subsidiaries or branches, including but not limited to:

• IUX Markets ZA (PTY) Ltd is authorized by the Financial Sector Conduct Authority (FSCA) in South Africa, with FSP No. 53103, registered at 1st Floor Cnr Kildare Road and MA, Newlands, Cape Town, Western Cape, 7550.
• IUX Markets Limited is incorporated with the Financial Services Authority in Saint Vincent and the Grenadines under registered number 26183 BC 2021. At Beachmont Business Centre, 321 Kingstown, St. Vincent and the Grenadines. The physical address of the company is at 16 Foti Kolakidi, 1st Floor, Office A, Agia Zoni, 3031, Limassol, Cyprus.
• IUX Markets (MU) Ltd. is authorized by the Financial Services Commission (FSC) in Mauritius, with the Investment Dealer license number GB22200605, registered at JurisTax Ltd, Ebene House, Hotel Avenue, 33 Cybercity, Ebene, 72201, Mauritius.

The “Introducer” or “Affiliate” shall mean the individual or entity that applies for Partner Program membership in accordance with the terms and conditions set forth herein.

And furthermore, they may hereinafter be referred to separately as the “Party” and jointly as the “Parties.” The above expressions shall, where the context so permits, include receivers and managers and successors in title and personal representatives in the case of legal persons.

WHEREAS this Agreement sets out the terms upon which Clients may be referred to the Company by the Partner

And

Whereas the Partner has the necessary knowledge and experience to provide such intermediary services to the introduced Clients that improve the quality of service offered for the conclusion of financial contracts between the Company and potential Clients.

It Is Agreed:

1. Definitions of Terms
 

1.1 Unless otherwise stated herein, the following terms shall have the meaning as described here below:

• Introducing Broker

An Introducing Broker (hereinafter the “IB”) refers to an individual or entity that serves to introduce clients to utilize the services of a broker. The IB shall receive a commission from the trading activities of Level 1 clients and from the commissions received by their Sub-IBs.

• Clients

In this context, clients refer to investors who have opened trading accounts with the broker, with such accounts being directly under the management of the IB.

• Sub-IB

Sub-Introducing Broker: A sub-IB is a representative similar to an IB but is tasked with introducing clients to an additional level. A sub-IB is classified as a Level 1 client of the IB, who also holds the status of an IB.

• Sub Clients

Sub-clients refer to clients who have been introduced by the sub-IB and conduct trading through the broker. Sub-clients hold the status of Level 1 clients of the sub-IB and Level 2 clients of the IB.

• Client Agreement

Refers to the Company’s trading terms and conditions that the client accepts when opening an account with the Company, and the relevant documents are available on the Company’s main website.

•  E-wallet

Means the electronic wallet linked with the Partner account, which is automatically created by the Company upon registration of the Partner account. 

•  Main Website

Means the Company’s domain name and/or any other domains that the Company operates mainly for promotional and marketing purposes. 

IUX specifies domain responsibilities simply: www.iuxaffiliates.com only and is not responsible for damages arising from domains of others that are not under the domains specified herein.

1. IUX is solely responsible for the accuracy and security of the information and services associated with the IUX Affiliates (www.iuxaffiliates.com) domain.
2. IUX is not responsible for any loss or damage arising from the use of or connection to domains other than IUX Affiliates (www.iuxaffiliates.com).
3. If users or customers of IUX Affiliates use services or transact with domains that are not under the responsibility of IUX, they should be aware of the risks and policies of that domain.

• Partner

Means individuals or entities with an intention to act as a mediator between the Company and targeted clients for the conclusion of a Client Agreement, and receive the Company’s approval to enter the Partner’s Program. Unless agreed upon otherwise, the term “Partner” in this Agreement shall not constitute a partnership between the Company and the Partner.

• Partner’s Commissions

Means any commission, rebates, and/or other remuneration paid or payable to the Partner by the Company for intermediation services rendered by the Partner for the conclusion of Client Agreements between the Company and the Clients identified, targeted, and referred to the Company by the Partner. The remuneration of the “Partner” or “Affiliate” will be based on a fixed fee or percentage, agreed upon between the Parties, per lot of Clients who enter into a Client Agreement with the Company further to the intermediary services provided by the “Partner” or “Affiliate.”

• Partner’s Programs

Means the program that the Company makes available to certain individuals or entities, pursuant to the terms and conditions of this Agreement, via the Company’s website, in order to engage the Partner to act as a mediator between the Company and targeted clients for the conclusion of a Client Agreement with the Company. 

In which IUX provides 2 partner programs: the Introducing Broker Program and the Affiliate Program.

In this Agreement, it is understood that:

1.2 Reference to a Clause, paragraph, Exhibit, or any document is to a Clause, paragraph, Exhibit, or any document of or to this Agreement, unless the context requires otherwise.

1.3 A reference to one gender includes a reference to the other gender.

1.4 Words in the singular include the plural and, in the plural, include the singular.

1.5 A reference to a person includes an incorporated or unincorporated body.

1.6 A reference to a statute or statutory provision is a reference to it as it is in force for the time being, taking account of any amendment, extension, or re-enactment, and includes any subordinate legislation for the time being in force made under it.

1.7 Unless the context otherwise requires, the words including and include, and words of similar effect shall not be deemed to limit the general effect of the words that precede them.

1.8 The headings in this Agreement are for ease of reference only and shall not affect its construction or interpretation.

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2. Electronic Signatures and Partners Acceptance of Agreement(s) 

2.1 The Partner hereby acknowledges and agrees that

• (a) In order to participate in the Partner’s Programs, individuals or entities shall complete and submit the Partner Application Form to the Company by clicking on the “I Accept” button or similar buttons or links as may be designated by the Company on the Company’s Main Website(s), as well as submit the identification and other documentation requested by the Company. 
• (b) The Company shall assess each Partner Application Form and documentation, and it may, at its sole discretion, either accept or reject the application to join the Partner’s Programs and inform the applicant accordingly.
• (c) By participating in the Partner’s Programs, 
• (d) By continuing to access or use the Company’s Main Website(s); and/or
• (e) By referring potential new Clients to the Company’s Main Website(s) for the purpose of analyzing and providing information with regards to the financial products offered by the Company; and/or
• (f) By accepting any commissions and/or payments from the Company or any of its clients, the Partner confirms that they have read, understood, and agreed to be bound by the terms and conditions as set out herein, as they may apply. 

2.2 The Partner hereby waives any rights or requirements under any laws or regulations in any jurisdiction that require an original (non-electronic) signature or delivery or retention of non-electronic records, to the extent permitted under applicable mandatory law.

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3. Partner Representation and Warranties

3.1 The Partner has all requisite authority to enter into this Agreement and to be fully bound hereby, and all necessary action has been taken by him in connection herewith. The Partner acknowledges and confirms that he can enter into this Agreement and is approved, authorized, and/or qualified under the local regulatory requirements to offer the services mentioned in this Agreement. 

3.2 The Partner acting as a mediator must provide true and complete information to the Company at all times, as may be requested by the Company’s from time to time. The information shall include, but not be limited to, identity, contact information, payment instructions, nationality, residency, participation in affiliate/partner programs for other websites, the location and nature of the Partner’s intermediation activities carried out for the purposes of introducing, explaining, and/or promoting the financial services offered by the Company to prospective Clients, and any other information that the Company may request from time to time.

3.3 The Partner has fulfilled all registration, qualification, and/or other requirements of all jurisdictions and regulatory bodies to the extent that such registration, qualification, and/or other requirements are applicable to him during the term of the Agreement and will remain in strict compliance with all of the foregoing. 

3.4 If the Partner is a company or other entity, the Partner is duly organized, validly existing, and in good standing under the laws of the relevant jurisdiction(s). 

3.5 The Partner will act as a mediator between the Company and his/her Clients for enhancing the quality of service offered to his/her Clients as well as introducing and/or explaining the services offered by the Company to his/her Clients. As a mediator, the Partner will do all that is necessary in order for the Company and his/her clients to enter into a contract, including but not limited to carrying out the preparatory work necessary for the conclusion of an Agreement between the Company and the client. Such preparatory work will include the presentation of the details of the financial products offered by the Company to potential investors and a comparison against the respective products of other providers in an effort to convince the potential investor to invest with the company.

3.6 The Partner will carry on his/her operations and business as an independent contractor and not as an agent, employee, or representative of the Company. 

3.7 The Partner shall not provide any investment advice to the introduced Clients.

3.8 The Partner is obliged to inform the introduced Clients of any commission received as well as any additional commissions involved with regards to the service provided under this Agreement.

3.9 The Partner acknowledges and agrees that he/she is responsible for the payment of all relevant duties and/or charges and/or taxes arising from the course of his/her business.

3.10 The Partner cannot use the Company’s logo in any of the correspondence, on any business cards, or on any electronic transmission, etc., unless explicitly authorized to do so by the Company.

3.11 It is advised that he is not authorized to register a business or name a website or page that contains the words “IUX” or “IUX Markets Limited” or is in connection with IUX without permission.

3.12 The Partner represents and warrants that he/she will not place promotional materials related to the Company on any website or use any media or medium that contains materials, including but not limited to sites that conform to any of the following criteria:

• (a) promote (including links to) sexually explicit materials, gambling or betting, breaching of intellectual property, funding or fundraising, violence, or illegal activities, 
• (b) promote discrimination based on race, sex, religion, nationality, disability, sexual orientation, or age, 
• (c) manipulate keyword searches on portals and/or search engines that conflict with the Company’s, 
• (d) misrepresent themselves as the Company Main Website(s) by co-opting the visual “look and feel” of or text from the Company’s Main Website(s) or otherwise violate the Company’s Intellectual Property rights, including, without limitation, “scraping” text or images from the Company’s Main Website(s) or the Company-managed Banners and/or Text Links, search marketing, or all other online and offline campaigns,
• (e) include “IUX” or “IUX Markets Limited” or variations or misspellings thereof in the Partner’s domain names,
• (f) do not clearly make available an online privacy policy to visitors of his/her website, 
• (g) are “under construction” or have broken URLs,
• (h) are otherwise considered offensive or inappropriate, in the Company’s sole discretion. 

3.13 The Partner shall not authorize or encourage any third party to:

• (a) directly or indirectly generate use of the online services offered by the Company through any automated, deceptive, fraudulent, or other invalid means, including but not limited to repeated manual clicks, the use of robots or other automated tools and/or computer-generated queries, and/or the unauthorized use of other search engine optimization services and/or software;
• (b) edit, modify, filter, truncate, or change the order of the information contained in any part of the Company’s Main Website(s), or remove, obscure, or minimize any part of the Company’s Main Website(s) in any way without authorization from the Company;
• (c) frame, minimize, remove, or otherwise inhibit the full and complete display of any Web page accessed by a Client after clicking on any part of the Company Main Website(s);
• (d) redirect any Client away from the Company’s Main Website(s); 
• (e) provide a version of any Web page of the Company’s Main Website(s) that is different from the page an end user would access by going directly to the Company’s Main Website(s); intersperse any content between the Company’s Main Website(s) and the applicable landing page on the Company’s Main Website(s); or otherwise provide anything other than a direct link from the Partner’s website(s) to a relevant landing page on the Company’s Main Website(s), as approved by the Company in accordance with this Agreement; on any Web page or any website(s) that contains any pornographic, hate-related, violent, or illegal content;
• (f) directly or indirectly access, launch, and/or activate access to the online services offered by the Company through or from, or otherwise incorporate access to the online services offered by the Company or referrals in, any software application, website, or other means other than his/her website(s), and then only to the extent expressly permitted by this Agreement; 
• (g) “crawl,” “spider,” index, or in any non-transitory manner store or cache information obtained from or pertaining to any Client who has been or is identified as solicited by and introduced and/or referred to the Company’s Main Website(s) via his/hers tracker(s), or any part, copy, or derivative thereto;
• (h) act in any way that violates any of the various policies posted on the Company’s Main Website(s), as may be revised from time to time, or included in any other Agreement between the Partner and the Company (including, without limitation, in this Agreement;
• (i) disseminate malware; 
• (j) create a new account to enroll in the Company’s Partner Program after the Company has terminated this Agreement with the Partner as a result of the Partner’s breach of this Agreement; or
• (k) Engage in any action or practice that reflects poorly on the Company or otherwise disparages or devalues the Company’s reputation or goodwill.

3.14 Except as expressly otherwise provided for in this Agreement, and then only if and to the extent provided herein, the Partner is prohibited from sending emails to promote the Company, the Company’s Main Website(s), the Company’s Introducing Program, and/or the online services offered by the Company. Furthermore, the Partner expressly acknowledges and agrees that the Company does not participate in, support, or indulge in mass unsolicited emailing (i.e., spamming, desktop scrapes) to promote the Company, the Company’s Main Website(s), the Company’s Partner Program, and/or the online services offered by the Company, and the Partner expressly acknowledges and agrees that it is expected to adhere to this policy as well.

3.15 The Partner acknowledges and agrees that any attempted participation or violation of any of the foregoing is a material breach of this Agreement and that the Company may pursue, at the Company’s sole discretion, any and all applicable legal and equitable remedies against the Partner, including an immediate suspension of the Partners Account(s) with the Company and/or the immediate termination of this Agreement, without prior notice being required, and/or the pursuit of all available civil or criminal remedies.

3.16 The Partner further represents and warrants that his/her website(s) and any materials displayed therein:

• (a) comply with all applicable laws and regulations, statutes, ordinances, and other applicable regulations; 
• (b) do not breach, and have not breached, any duty toward or rights of any person or entity, including, without limitation, rights of intellectual property, publicity, or privacy, or rights or duties under consumer protection, product liability, tort, or contract theories; 
• (c) are not pornographic, hate-related, or otherwise violent in content;
• (d) do not host or promote gambling or betting activities; and
• (e) Neither is involved in funding or fundraising activities.

3.17 On the occurrence of failure to comply with the above, or in the case that any documents provided to the Company appear to be/are digitally edited, the Company reserves the right to consider any Partner’s Commission(s) generated as void and/or terminate the business relationship with the Partner.

3.18 The Partner shall, at all times, act in good faith and in compliance with the Company’s policies. Any attempt by the Partner to, including but not limited to, solicit, induce, or divert existing Clients of the Company, rather than acquiring new Clients, or any actions taken by the Partner that contradict the Company’s policies or are considered detrimental to the Company’s business interests shall be deemed a material breach of this Agreement. The Company shall reserve the right, at its sole discretion, to terminate the business relationship between the Partner and the Company immediately and without prior notice. The Company shall bear no liability for any claims, damages, or losses incurred as a result of such termination.

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4. Partner Relationships and Activities

4.1 In the event that the Partner deviates from the standard interpretation of this Agreement, it will be considered that he/she has breached the Agreement unless he/she has obtained written confirmation from the Company.

4.2 The Partner hereby undertakes to introduce prospective Clients with regards to the services offered by the Company as specified in the Client Agreement. For the introduction of clients, the Partner will endeavor and will carry out all necessary actions so as for the Company to enter into an Agreement with the referred client.

4.3 Any Partner interested in targeting a person who is a citizen or resident of a forbidden country and/or a country with restrictions must first receive the Company’s prior written approval.

4.4 In the event that an Introduced Client is a citizen or resident of a forbidden country and/or a country with restrictions, the Partner accepts and agrees that he/she will not be entitled to receive any Commission from the Company for such clients.

4.5 The Partner shall translate documents, where needed, for the Company as well as explain to his/her Clients the services offered by the Company. If applicable, the Partner shall also act as a translator between the Client and the Company.

4.6 Without prejudice to the obligations of the Partner under this Agreement and especially the service of acting as a mediator between the company and the prospective client for the conclusion of a financial transaction, including the presentation and analysis of the financial products of the company, the Company is not responsible and has no liability for any advice or recommendation or decision provided by the Partner to the client.

4.7 For the Partner to be eligible for any commissions with regards to the introduced Client, he/she has to meet all requirements set in this Agreement, including further Appendices, and the Partner must ensure that he/she has mediated so as for the Client and the Company to enter into an Agreement with the prospective Client before the prospective Client opens an account with the Company without the Company utilizing the distinct act of mediation of the Partner or the prospective Client coming directly from the Partner’s website and opening an account with the Company. For the avoidance of doubt, the obligations of Partner under this Agreement, and specifically the obligations in relation to carrying out all actions necessary in order for the Company to enter into an Agreement with the client, are not lifted in cases where the clients reach the Company through the website of the Partner. 

4.8 In the case the Partner maintains a website for promoting his/her business, then, for the purposes of identifying and targeting suitable opportunities, the following functionalities and information should be included:

• (a) A link should be available directing prospective Clients to the Company’s Main Website(s); 
• (b) The Company’s information and/or logo and/or banners are provided to prospective clients.
• (c) Promotional Material: any material provided by the Company to the Partners and Affiliates for promoting any activity related to the Company and/or for the purpose of this Agreement, including but not limited to the Company’s information, logo, banners, gifts, videos, landing pages provided to prospective clients, etc.
• (d) Description of the Company’s product(s) in order to provide specific information to prospective clients wishing to enter into a Client Agreement with the Company, in relation to the financial products of the Company.

4.9 The Partner is required to obtain the Company’s approval prior to uploading any information or functionalities (as per paragraph 4.8) relating to the Company and its services. In the case where the Partner intends to change the Company’s information and/or functionalities that were initially provided and approved by the Company, then the Partner needs to obtain a new approval from the Company before he proceeds with such changes. 

4.10 In the event of any disparity between the claim(s) made by the Partner and the Company with regards to the introduced Client, the Company shall have the sole discretion in accepting or rejecting the claim(s) of the Partner.

4.11 Any prospective Client who is introduced by the Partner and opens an account with the Company will also be considered the Company’s Client and will be subject to all of the Company’s Rules, policies, and operating procedures that govern their activity at the Company’s Main Website(s) and needs to follow the same procedure as any other person who opens an account with the Company. 

4.12 The Company may, at its sole discretion, accept or decline any Client introduced by the Partner and has the right to terminate the business relationship with any Client at any time. All data relating to the Clients that open an Account with the Company will remain the Company’s sole and exclusive property, and by entering into this Agreement, the Partner acquires no right to such information, except as expressly stated herein. 

4.13 Without prejudice to the obligations of the Partner under clause 3.5 of the present Agreement, whereby the Partner undertakes to act as a mediator between the Company and the prospective Client for the conclusion of an Agreement and for presenting, to prospective clients, the financial products of the Company, the Partner shall not direct or influence any Client with regards to his trading or funding facilities unless the Client has given written consent to the Partner to do so in the form acceptable by the Company. 

4.14 The Client is required to fund his/her account held with the Company directly from his/her personal bank account unless otherwise agreed and the relevant documentation is presented and approved by the Company. The Company has the right to return funds only to the same remitter as the funds were deposited, using the same payment method. 

4.15 The Company will not be liable or responsible for any marketing or promotions that may be initiated by the Partner for the needs of his/her own business purposes and for the provision of the mediation services under this Agreement and for any costs or charges for such activity. The costs will be met solely by the Partner.

4.16 Subject to the terms and conditions of this Agreement and in accordance with the terms and conditions hereof, the Partner may refer potential Clients to the Company’s Main Website(s) in order to facilitate explanations with regards to the financial products offered by the Company and agrees that all mediation activities carried out for the purpose of identifying, targeting, and referring prospective Clients to the Company must be professional, proper, and lawful under applicable rules or laws.

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5. Company’s Undertakings

5.1 The Company warrants making any payments due to the Partner in respect of the Partner’s Commissions for its financial services as agreed in this Agreement.

5.2 The Partner shall be entitled to the Partner’s Commission structure as agreed and stated in Appendices 1 and 2, attached, and may not be subject to any changes unless agreed to by both parties.

5.3 The Company is responsible for the calculation and due payment of the Partner’s commissions.

5.4 The Company’s Trading Terms and Conditions are set out on the Company’s website.

5.5 In the event of any dispute or complaint from a Client, the Company has the right to hold back any commissions due to the Partner until such issues are resolved.

5.6 In the event that the Company identifies any abuse in the trading activity of any clients introduced by the Partner, such as opening and closing trades instantly for the purpose of generating commissions, the Company reserves the right to place time limitations on the Partner’s profile.

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6. Reports & Payments

6.1 The Company will track and report the trading activity of Clients who have been approved by the Company to open an account as a result of the active mediation of the Partner for the purpose of remuneration calculated based on the Partner’s Commission(s) definition.

6.2 In the event of any trading activity by Clients introduced by the Partner that is deemed suspicious by the Company, then the Company may delay payment of Commission(s) until it verifies the relevant transactions. In the event that the Company determines the activity to constitute fraud traffic, the Company is entitled to terminate this Agreement and/or to recalculate or withhold the Partner’s Commission(s) accordingly and in the Company’s’ sole discretion.

6.3 All payments will be due and payable in United States dollars only. Payment will be credited to the Partner’s account, which has been registered when signing up for the Partner Program. At the Company’s sole discretion and as deemed appropriate, the Company may accommodate other methods of payment or currency. Any charges incurred for other methods of payment will be covered by the Partner and deducted from the Partner’s Commission(s).

6.4 Deposit of payment, acceptance of payment transfer, or acceptance of other payment by the Partner will be deemed a full and final settlement of the Partner’s Commissions due for the month indicated. Hence, if there is disagreement with the reports or amount payable, the Partner must NOT accept payment for such amount and immediately send a written notice of dispute. Dispute notices must be in writing and be received within thirty (30) calendar days of the end of each month for which payment is made, or the right to dispute such report or payment will be deemed waived and the Partner shall be deemed to have waived any and all rights in relation to such report or such payment and further to have waived any claims of restitution and/or unjust enrichment.

6.5 In the event that this Agreement is terminated for any reason other than for cause, the Company shall pay the Partner any earned balance of Partner’s Commission(s) that is due and payable to the Partner at the time of termination of this Agreement, within sixty (60) days after the end of the calendar month in which the Agreement is terminated by the Partner (following the Company’s receipt of the Partner’s written notice, including by email, to terminate the Agreement) or by the Company. The Partner is solely responsible for providing and maintaining accurate addresses and other contact information as well as payment information associated with his/her account.

6.6 The payments made under this Agreement are for use by the Partner only and may not be transferred or in any manner passed on to any third party unless expressly authorized beforehand in writing by the Company (including by electronic mail). 

6.7 From time to time, the Company may be holding funds, payments, and other amounts due to the Partner in connection with this Agreement. The Partner acknowledges and agrees that the Company may, without further notice, forfeit all funds, payments, and other amounts related to this Agreement that are due to the Partner (if any), but which the Company is unable to pay or deliver to the Partner because the Partner account(s) is inactive (as defined below) and terminate the business relationship with the Partner by disabling the Account and giving written notice to the Partner. “Inactive” shall mean that, based on the Company records:

• (a) for a period of two (2) years or more, the Partner has not logged into the Partner account(s) or has not requested to be paid his/her commissions generated; and/or
• (b) the Company has been unable to reach or has not received adequate payment instructions from the Partner after contacting the address shown in the Company’s Records. 

6.8 In the case where the Partner is inactive for ninety (90) consecutive days (e.g., no new clients have been registered to the Company through the Partner, etc.), the Company reserves the right not to pay any Commission(s) to the Partner (i.e., set any Commission payment down to 0).

6.9 In the event that a partner has transferred a commission from the partner’s account to the trading account (in cases where the partner is a client of IUX and holds a trading account with IUX), the terms for the transfer of the commission shall be as follows:

• 6.9.1 In the case of transferring the commission from the partner account to the trading account with the option of receiving the transferred amount as Balance, the Partner will receive a specified amount of commission in Balance.

Please note that if the client has confirmed the transfer of commission from the partner account to the trading account, the transaction cannot be canceled under any circumstances.

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7. Dormant and Archiving Policy 

7.1 In the event that there is no activity (i.e., no commissions generated) in the E-wallet linked with the Partner account for a set period of at least three (3) consecutive months, the Company will regard the E-wallet as ‘dormant.’ An e-wallet shall be deemed as dormant by the last day of the three (3) consecutive months in which there has been no activity (i.e., from the last day where commissions were generated) in the e-wallet. 

7.2 Dormant e-wallets will be charged with a monthly dormant fee of USD 5 (five United States dollars) or the full amount of the generated commissions if the available commissions are less than USD 5 (five United States dollars). There will be no charge if there are no generated commissions available in the e-wallet (i.e., zero balance).

7.3 E-wallets with less than USD 5 (five United States dollars) balance will be archived after a period of three (3) consecutive months of inactivity (i.e., no commissions generated and no withdrawals performed). 

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8. Confidentiality and Personal Data Protection

8.1 The Partner shall keep all information confidential and shall not disclose to any third party any of the terms of this Agreement or any information incidental or related to the business of the Company (other than such terms or information that comes into the public domain), unless it is required under any applicable law or by any regulatory or governmental body or obtained by the Company’s written consent. Notwithstanding anything to the contrary in this Agreement or the termination of this Agreement, this clause shall continue to have effect and be binding to the Partner without any time limit.

8.2 The Partner acknowledges the importance the Company places on protecting the privacy of its Clients and hereby expressly acknowledges, agrees, and undertakes not to try to access or to access any “Personal Data” acquired from or about prospective, new Clients or from existing Clients, initiated without the express prior and written consent of, or expressed instructions in writing from, the Company.

8.3 The Partner hereby expressly acknowledges, agrees, and undertakes that it shall comply at all times with all applicable laws and regulations pertaining to “Personal Data” protection, in particular the Personal Data Protection Legislation.

8.4 In particular, in the event that “Personal Data” are collected by the Partner, he/she shall provide the relevant data subjects with the information required by all applicable laws and regulations pertaining to “Personal Data” protection, in particular the Personal Data Protection Legislation, and when necessary, shall obtain the prior written consent of all “Data Subjects” concerned.

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9. Notices and Communication

9.1 Unless otherwise specified, the Partner has to send any notice, instruction, request, or other communication via post or electronic mail.

9.2 Information may be provided by the Company to the Partner in paper format or by email to the Partner’s email address provided during his/her registration.

9.3 All notices and information provided by the Company or received from the Partner should be in the English language.

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10. Amendment and Termination 

10.1 This Agreement may be amended from time to time. Any changes to the Agreement will not apply to Partner’s Commissions earned in relation to transactions performed prior to the date on which the changes become effective unless specifically agreed otherwise. The Company shall notify the Partner of any changes in the Agreement at least five (5) business days prior to the amendments coming into force. Should the Partner disagree with the changes, he may terminate the Agreement in accordance with paragraph 10.2 below.

10.2 Either party (Company or Partner) can terminate the Agreement by giving five (5) business days written notice to the other party. 

10.3 The Company shall reserve the right to terminate or suspend without notice this Agreement or any rights of the Partner that may fall under the provisions of this Agreement and/or its Appendices hereto attached or related, due to any malpractice, breach, failure, or other significant event, including liquidation or insolvency, on the part of the Partner. Such termination will be at the sole discretion of the Company. 

10.4 Upon termination of the Agreement, the Partner is obliged to return to the Company any Company materials used to promote his/her business (e.g., newsletters, banners, text, etc.). In the case where the Partner maintains a website and is using any Company materials, he is obliged to immediately withdraw such materials upon termination of the said Agreement. 

10.5 Upon termination of this Agreement, the Company warrants to pay the Partner all Partner’s Commissions as set out in this Agreement.

10.6 Furthermore, the Company may terminate this Agreement forthwith for cause, upon written notice to the Partner, if:

• (a) it becomes unlawful for the Company and/or the Partner to perform or comply with any one or more of the Partner’s obligations under this Agreement; or
• (b) the Partner ceases, in the Company’s reasonable opinion, to be fit and proper to introduce/provide the Services to the Company if the Partner no longer holds the necessary authorization, license, or consent to perform the obligations under this Agreement or if he/she is prevented for any reason from carrying out the activities and/or obligations hereunder; and
• (c) in the event of any change in applicable law or government regulations. 

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11. Force Majeure 

11.1 The Company shall not be in breach of this Agreement and shall not be liable or have responsibility of any kind for any loss or damage incurred by the Partner as a result of any total or partial failure, interruption or delay in the performance of this Agreement occasioned by any act of Natural disasters, fire, war, civil commotion, labor dispute, act of government, state, governmental or supranational body or authority, or any investment exchange and/or clearing house, inability to communicate with market makers for whatever reason, failure of any computer dealing system, any other breakdown or failure of transmission in communication facilities of whatever nature, between the Company and the Partner or any other third-party whatsoever, or any other reason (whether or not similar in kind to any of the above) beyond the Company’s reasonable control (a “Force Majeure Event”).

11.2 The Partner acknowledges and agrees that the Company may, in its reasonable opinion, determine that a Force Majeure Event exists or is about to occur; as the case may be, the Company will inform the Partner as soon as reasonably practicable if it so determines.

11.3 If the Company determines that a Force Majeure Event exists or is about to occur, then it may (without prejudice to any other rights under this Agreement and at its sole discretion) take such action as it deems necessary or appropriate in the circumstances, having regard to the Partners and his/her customers, and neither the Company nor any of its directors, officers, employees, agents & advisers will be liable for any failure, hindrance, or delay in performing its obligations under this Agreement or for taking or omitting to take any action pursuant to this subparagraph. 

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12. Regulatory Matters

12.1 The Company or any director, officer, employee, or representative of the Company shall not be held accountable for such part. The Company has the right to take any action it deems necessary, in its sole discretion, to ensure compliance with the rules of or other applicable laws and regulations.

12.2 The Partner hereby expressly acknowledges and agrees that upon reasonable written notice by the Company and at its request, he/she will cooperate with the IUX and any other relevant regulator of the Company in relation to the matters covered by this Agreement. 

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13. Governing Language 

This Agreement, as well as any additional agreement hereto (both present and future), is made in English. Any other language translations are provided as a convenience only. In the case of any inconsistency or discrepancy between the original English texts and their translation into any other language, the original versions in English shall prevail.

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14. Applicable Laws and Place of Jurisdiction 

This Agreement and all transactional relations between the Partner and the Company are governed by the Laws of Belize and the competent courts for the settlement of any dispute that may arise between them shall be the courts of Belize.

14.1 All claims are to be sent via the email address [email protected].

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15. Partner rewards

Introducing Broker’s Program 

The Partner’s Commission to the IB shall be calculated based on the fixed percentage per level of the IB’s account in accordance with the percentage as outlined hereunder and the formula specified in this Agreement:

• For Standard, Standard+ accounts

Standard	Advance	Pro	VIP	Platinum	Premier
20%	25%	30%	35%	37%	40%

• For Raw, Pro accounts

Without considering the IB’s level of account, the Partner’s Commission to the IB shall be calculated based on the fixed percentage of 12.5% and the formula as specified in this Agreement.

• Standard, Standard+, and Pro Accounts

These 3 types of accounts will calculate the commission by Spread (Spread by USD)

The formula is: Percentage x Lot Size x Spread x Bonus Rate

Example: Suppose you are a platinum level. When your clients use a standard account to buy and sell 1 lot of EUR/USD currency. That which has a spread of 10 points will be used by the client to determine their commission.

37% x 1.00 (Lot) x 10 (spread) x 1 (bonus rate) = 3.7 USD 

In addition, the maximum commission payout is determined using the 35-point maximum spread.

Example: Suppose you are at the Premier level and your clients use a standard account for trading in the energy commodity USOIL, which involves 1 lot with a 46-point. The system will calculate the spread at the limit of 35 points. The calculation for the formula is as follows:

40% x 1.00 (Lot) x 35 (spread) x 1 (bonus rate) = 14 USD 

• Raw Account

For RAW accounts, the fee is charged when opening a position/lot and is not charged again when closing a Position.

Raw Account will calculate the commission by fixed-rate commission per lot. 

The formula is: Percentage x Lot size x Fixed rate commission

Example: Without considering the IB’s level of account, if your clients use a Raw Account for trading in the energy commodity USOIL, which involves 1 lot with a fixed rate commission at $6. The calculation for the formula is as follows:

Percentage x Lot size x Fixed rate commission

12.5% x 1.00 (Lot) x 6 (fixed rate commission) x 1 (bonus rate) = 0.75 USD

The commission that the introducing broker will receive from the 2nd-level clients.

The commission received by the IB from Level 2 clients will be calculated based on the commission that the company pays to the Sub-IB for all types of accounts.

Example: Suppose your Sub-Introducing Broker (Sub-IB) is at the Premier level and your Sub Client is using a Standard account for trading the energy commodity USOIL at a size of 1 lot with a spread of 35 pips.

The calculation according to the formula is as follows:
5% (percentage) × 14 USD (commission of Sub-IB) = 0.7 USD.

NOTE

The Standard, Standard+, and Pro accounts have a different formula compared to the Raw account.

• The commission for Level 1 will be calculated based on the trading percentage of the clients you have introduced, while Level 2 will be calculated based on the commission that the company pays to your Sub-IB.
• Pip Value = Pip Size × Contract Size × Volume
• Spread = Spread at the opening price
• Bonus Rate = Balance / Margin*

* If the result of the bonus rate calculation is greater than 1, the bonus ratio will be considered as 1. If the calculation is less than 1, the bonus ratio will equal that value.

Affiliate Program

Product Groups

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Appendix 1

Introducing Broker’s Program Commission(s) Structure 

1. For each “Standard Lot” round-turn transaction that is executed by a Client who has been or is identified as introduced and/or referred by the introducer to the Company: 

• (a) For all CFD instruments in currency, metals, and energy, a maximum commission of 45% will be paid to the Introducing Broker. This maximum commission of 45% constitutes the highest level of the Introducing Broker Program, with 40% from the spread of your active clients and 5% from the commission that the company pays to your Sub-IB (as referenced in the broker referral table in section 15, Partner Rewards).
• (b) For all other CFD instruments, you may find the relevant information about the introducer’s commission(s) on the affiliate platform under the “T&C” tab. 

Notes:
1. For all currency pairs, one ‘Standard Lot’ shall be deemed to comprise 100,000 (one hundred thousand) units of base currency. – For spot metal instruments, one ‘Standard Lot’ shall be deemed to comprise 100 oz in regard to Gold and 5000 oz in regard to Silver. 

2. Introducer’s Commissions shall be calculated solely based on records maintained by the Company. No other measurements or statistics of any kind shall be accepted by the Company or have any effect under this Agreement. 

3. For the purposes of calculating the introducer’s Commissions in respect of the trades executed by Clients who have been or are identified as introduced by and/or referred to the Company: 

• (a) Introducer’s Commissions on trades where required margins have been supported by granted bonuses will be calculated proportionally to the percentage of clients funds used in required margins. 

For example, a Client deposits 100 USD and receives a 100% bonus (100 USD), opens 1 standard lot of EUR/USD with leverage of 1:500, and the required margin is 200 USD, since 100 USD of the client’s funds stands for 50% of the required margin. IBs will receive 50% of the commission (50% x 10 $ = 5$).

•  (b) Calculation of commission The holding duration for orders in trading utilizing the “Buy” and “Sell” functions is not predetermined. the adviser, which the user must close the order in order to collect the commission. 
• (c) The closing of orders will be calculated for trades closed using the “Close by” and “Multiple close by” routines. However, closing this approach results in a single spread payout rather than two spread payments, so the referrer will also receive a single commission.
• (d) Using a scalping strategy with expert advisers is allowed, provided it is not considered “churning” (“Churning”); accordingly, no Commissions will be paid in respect of trades employing the practice commonly known as “churning.” Churning is considered, but not limited to, the practice of executing trades through a client account for the sole purpose of generating Commissions.
• (e) No introducer’s Commissions will be paid in respect of trades carried out in a Client account in respect of which chargebacks and refunds have been effectuated; and
• (f) No introducer’s Commissions will be paid in respect of Client trades, which the Company determines, at its sole discretion, to be the subject of “Fraud Traffic”; any and all fraud detection, prevention, and remediation costs and all losses and damages incurred in relation to such a Client account may be deducted from the introducer’s Commissions otherwise payable to the introducer. 

4. No introducer’s Commissions will be earned on traffic generated by unlawful, fraudulent, or improper means. In the event that there is a violation of this provision, the introducer will forfeit all Commissions earned and the Company reserves the right to terminate this Agreement with immediate effect without prior notice being required and the pursuit of all available civil or criminal remedies.

5. The Company has the right to terminate this Agreement if the introducer introduces less than three (3) Clients within a ninety (90) day period from the date of concluding this Agreement.

6. The Company has the right to exclude a Client from an introducer’s Account in the case where the Client has not funded his/her account within fifteen (15) days from the registration of the Client’s trading account. 

7. The Company will treat each introducer on an individual basis, and the Commission Structure, along with related clauses discussed with the introducer’s account manager, can be amended based upon factors such as the number of monthly newly introduced depositing clients, monthly deposit amounts, and/or monthly trading volume.

8. The Company reserves the right to alter, amend, or terminate this Agreement, or any aspect of it, at its sole discretion, at any time and without prior notice. The Company recommends that you revisit this Agreement regularly. 

9. Commissions generated by the introducer’s own trading account(s) or the trading account(s) that appear to be managed/controlled by the introducer (i.e., self-rebates) shall not be taken into consideration unless the introducer has other active clients during the same period of time with a trading volume equal to or greater than his/her own trading volume. For the avoidance of any doubt, in such cases, the Company reserves the right, at its reasonable discretion:

• (a) not to pay any commissions (i.e., self-rebates) to the introducer; and/or
• (b) to temporarily suspend the introducer’s account; and/or 
• (c) to terminate the business relationship with the introducer. 

10. In the event of a Partner IB transfer, if our company identifies any instances of non-transparent activities related to the submission of the transfer request, we will launch a comprehensive investigation with the utmost diligence. Furthermore, the company retains the authority to temporarily suspend the utilization of your affiliate account until the investigation is completed, without prior notification, under the following circumstances:

• (a) When it is ascertained that the account holder was not the one to personally submit the transfer request.
• (b) In cases involving concealed conflicts of interest.
• (c) Instances where there is a misrepresentation of business relationships.

11. The table(s) with the commission(s) that the introducer may earn based on the client’s trading activity (i.e., for the trading of 1 standard lot of each CFD instrument) can be found in your introducing account.

12. The withdrawal condition is that there must be 5 or more Active Clients and withdraw the minimum amount of $10.

13. The introducer is unable to use his/her own link to continue. 

14. The Raw account calculated the commission by fixed-rate commission per lot. 

15. Receiving commissions will be calculated from the maximum spread of 35 only.

16. Regarding commission withdrawal operations It can be given within 1–15 minutes or up to 24 hours in some cases. according to the conditions.

17. Conditions to reach the next level

Status	Commission Rate (%)		Conditions
	Standard, Standard+	Pro, Raw	Duration (day)	Active client (user)	Lot size (lot)
Standard	20	12.5	30	80	300
Advance	25	12.5	30	160	600
Pro	30	12.5	30	220	1000
VIP	35	12.5	30	300	2000
Platinum	37	12.5	30	400	3000
Premier	40	12.5	You will remain on this rank.

• Once your partner status is changed, the company will reset the conditions to 0, which will change your level to GMT+0.
• To upgrade to the next level, you must meet all conditions we set following the table.

Example: You are in the advanced level; you need to stay on for a minimum of 30 days and must have a minimum of 160 active clients and a minimum of 600 lots. After reaching all conditions, you will be upgraded to the next level, “Pro.” 

• Once you become our partner, you will automatically receive IB Standard status.

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Appendix 2

Affiliate’s Program Commission(s) Structure 

1. Affiliate’s Program provides 3 models.

1.1 CPA

Cost per Acquisition is an affiliate marketing model where Publishers (Affiliates) earn commissions on actions that are a direct result of their marketing campaigns. At IUX, the Affiliates who are registered under the CPA program will also be compensated when their referred new clients take action. Completion of the required qualifications. The Affiliates who are registered under the CPA program will earn $20. The conditions for client qualification acquired by the CPA model are as follows:

1. The new client completed all verification requirements, made within 48 hours. 

• Identity verification
• Email verification 
• Bank verification

2. The clients make their first-time deposit. * The minimum is $20, which is calculated as the cumulative sum of deposits made within 48 hours. 

3. The investor trades a minimum of 2.5 lots in STD FX, metals, and commodities.

4. The client should be a new person who has never opened an account with IUX and whose qualification is fulfilled in accordance with our terms and conditions.

*In the CPA model, First Time Deposit means with no maximum allowed, deposits must be made within 48 hours, and the total amount must not be less than $20.

1.2 CPL

Cost Per Lead Program is an affiliate marketing model where Publishers (Affiliates) earn commissions from leads of potential clients who have shown interest in a product or service. And the client takes a specific action as a result of their marketing, registering new clients with IUX. The conditions for client qualification acquired by the CPL model are as follows:

1. The new client completes all verification requirements.

• Identity verification
• Email verification 
• Bank verification

2. The client should be a new person who has never opened an account with IUX and whose qualification is fulfilled in accordance with our terms and conditions.
3. The Affiliate can earn $0.6 per referred client.

1.3 Revenue Share 

Revenue Share is an affiliate marketing model where Publishers (Affiliates) can earn 1% commissions on the first-time deposit* of their new referred clients. The conditions for client qualification acquired by the Revenue Share model are as follows:

1. The new client completes all verification requirements.

• Identity verification
• Email verification 
• Bank verification

2. The investors make their first-time deposit.

*In the Revenue Share model, First Time Deposit means only the first time that new referred clients make a deposit.

**The Revenue Share is not available or used by people who live in the countries/jurisdictions, including but not limited to Australia, Belgium, France, Iran, North Korea, Thailand, and the United States. IUX Markets Limited has the right to change the list of countries above. According to our own discretion, the Company reserves the right to change the list of countries without prior notification at any time.

3. Affiliate’s revenue shall be calculated solely based on records maintained by the Company. No other measurements or statistics of any kind shall be accepted by the Company or have any effect under this Agreement. 

4. For the purposes of calculating the Affiliate’s Commissions in respect of the trades executed by Clients who have been or are identified as introduced by and/or referred to the Company: 

• (a) Affiliate’s Commissions on trades where required clients reach all conditions the company has set.
• (b) No Affiliate’s Commissions will be paid in respect of trades carried out in a Client account in respect of which chargebacks and refunds have been effectuated; and
• (c) No Affiliate’s Commissions will be paid in respect of Client trades, which the Company determines, at its sole discretion, to be the subject of “Fraud Traffic”; any and all fraud detection, prevention, and remediation costs and all losses and damages incurred in relation to such a Client account may be deducted from the Affiliate’s Commissions otherwise payable to the Affiliate. 

5. No Affiliate’s Commissions will be earned on traffic generated by unlawful, fraudulent, or improper means. In the event that there is a violation of this provision, the introducer will forfeit all Commissions earned and the Company reserves the right to terminate this Agreement with immediate effect without prior notice being required and the pursuit of all available civil or criminal remedies.

6. The Company has the right to terminate this Agreement if the introducer introduces less than three (3) Clients within a ninety (90) day period from the date of concluding this Agreement.

7. The Company has the right to exclude a Client from an Affiliate’s Account in the case where the Client has not funded his/her account within fifteen (15) days from the registration of the Client’s trading account. 

8. The Company will treat each Affiliate on an individual basis, and the Commission Structure, along with related clauses discussed with the Partner’s account manager, can be amended based upon factors such as the number of monthly newly introduced depositing clients, monthly deposit amounts, and/or monthly trading volume.

9. The withdrawal condition depends on each Affiliate model’s condition. 

10. The Company reserves the right to alter, amend, or terminate this Commission Structure, or any aspect of it, at its sole discretion, at any time and without prior notice, and will notify you of any such changes by posting the modified Commission Structure on the Company’s Main Website. The Company recommends that you revisit this Agreement regularly.

11. The minimum withdrawal is $10.

* The Company reserves the right to change the terms and conditions of this Agreement without prior notification at any time.