1. IB rights and regulations :
1.1. IB has a right to:
1.2. Promote the Company’s services, website, promotions,
special offers and other relative information.
1.3. Perform any actions compatible with IBs country legislation
and business ethics to attract clients.
1.4. Open accounts for Clients using IB’s referral link.
1.5. Receive IB commission for Client’s trades.
1.6. Provide clients with Company’s information, news releases,
2. IB obligations :
2.1. IB is obliged to:
2.2. Perform his/her activities in full compliance with his/her local
and international legislation.
2.3. Inform the Company immediately of any interference with
2.4. To put forth maximal effort into acquiring clients to
2.5. Save confidentiality regarding any information which
becomes available to the IB.
2.6. Inform the Company of any facts or circumstances, which
might lead to any potential risks to the Company in case an IB
becomes aware of them.
2.7. Let a client know about the risks of forex trading prior to
opening a real account.
2.8. Inform each potential client of his/her IB status and privileges
prior to entering any agreements of relationship.
2.9. IB is obliged to immediately inform the Company of any
changes in the IB’s contact information.
3. Company obligations :
3.1. Company is obliged to:
3.2. Provide the IB with all the necessary assistance to fulfil the
obligations set forth in the Agreement.
3.3. Pay out IB commission under the conditions of the
3.4. Provide the full range of Company’s services as stated in the
Customer Agreement to the clients attracted by an IB.
3.5. Provide execution for IB clients’ orders and corresponding
calculations for the IB Account. The Company, however, does not
provide statements of Client transactions.
4. IB restrictions :
4.1. IB is prohibited to:
4.2. Use any dishonest or fraudulent advertizing means to
promote the Company’s services. Such may include (but not
4.2.1. APS (Active Promotion Systems);
4.2.2. Advertizing on indecent (including
4.2.3. Advertizing on websites, not complying to the IB’s
4.2.4. Spam and spamdexing;
4.2.5. Advertizing containing misleading or distorted
services description, or failure to explain the risks and
services to the customers;
4.2.6. Any other activities which might harm the
Company’s positive image;
4.2.7. Any other ways of fraudulent advertizing;
4.3. Register and/or use domains containing Company’s name or
branding or other subjects of intellectual property.
4.4. Incorporate and/or use a legal entity containing Company’s
name or branding or other subjects of intellectual property.
4.5. Act as a Company representative.
4.6. Use direct Company’s URL in any PPC systems (Google,
Yahoo!, Live, etc) as well as his/her referral link. Redirects or any
other ways of forced (fraudulent) attracting customers to Company’s
website are also prohibited.
4.7. Assume any responsibility on behalf of the Company or place
the Company under any obligations.
4.8. Open real or demo accounts or register in SALMAFOREX Personal
Area on behalf of the Client, save, store or disclose Client’s access
data or any Client’s personal information.
4.9. Provide any advice to the Client regarding trading strategies,
or in any other way influence the clients’ decisions. The Company
bears no responsibility for the consequences of such advices
4.10. Publish or participate, or cooperate in publishing any
materials in mass media; issue any newsletters, or assist in issuing
or creating any content in newspapers, magazines or other mass
media, blogs, Internet forums, social networks, etc, which
may harm the positive image of the Company.
4.11. Undertake any commitments in the name of the Company,
or bind the Company with any commitments.
4.12. Provide any guarantees and/or promises, make any
statements regarding any payouts or any agreements set
by the Company
4.13. In case of a lawsuit(s) filed against the Company due to the
IB’s breach of the terms and conditions of these Regulations
(including unauthorized actions or statements made by the IB),
the IB shall be held liable for all losses incurred by the
company. Losses shall be understood as expenses the Company
has incurred or will incur restoring its rights and interests (real
losses), as well as the revenue the Company would have earned
under normal business conditions (lost profit), damage of
property interests or the Company’s business reputation as a
result of IB’s failure to fulfil its obligations. The IB has no right to
dispute the amount the Company claims for damages.
4.14. In case an IB breaches the terms and conditions of the
Agreement (fully or partially), the Company reserves the right to
block the IB’s accounts (whether IB or real) and exclude Clients
from the IB’s client list until the IB compensates the losses
suffered from the breach of the Agreement. The Company is
entitled to cover losses inflicted by the IB with money payable to
the IB under the IB Agreement and also under the Client
Agreement and its corresponding regulations.
4.15. IB him- or herself, his relatives or any other affiliated parties
cannot act as the Clients of an IB. Should any data of the IB match
the data of any Client (such as passport data, address, birth date,
telephone, email, IP addresses, etc.), the Client’s login shall
be removed from the IB’s client list and compensation based
on this Client will not be paid. Accounts that share the same IP
address MAY be considered as one active account. Should the IP
address of a Client be the same as that of the IB, they MAY be
considered affiliated and compensation on the account will not
be paid. Such behaviour shall be deemed “Auto-referral activity“.
4.16. In case a Client(s) file any complaints against the activities of
an IB, the IB shall independently address all such complaints.
5. Company rights
5.1. Company reserves a right to:
5.2. Perform control over the of the IB’s activities under the
provisions of the Agreement.
5.3. Request a detailed report from the IB on the latter’s fulfilment
of the provisions of the Agreement.
5.4. Void the Agreement in case the IB fails to attract 5 active
clients within 90 days since registration.
5.5. Void the Agreement in case the IB’s clients’ total deposits are
lower than 15000 USD within 3 months.
5.6. Exclude client(s) from the IB’s referrals (clients) list.
5.7. Modify commission and payouts conditions. Such
modifications are subject to prior written notification.
5.8. Inform the clients, registered under an IB, that the IB receives
commission for their trades (without disclosing any IB data sauch
as any personal information and/or infromation related to the
amount of commission earned/paid out).
5.9. Void the Agreement in case of IB’s failure to meet
5.10. In case an IB uses fraudulent customer acquisition methods,
the Company reserves a right to void the Agreement and cancel
(partially or completely) the IB commission. All the IB’s clients in
this case become direct clients of the Company.
5.11. In case the IB commission amount from single client exceeds
30% of the total IB commission, the Company reserves a
right to cancel such compensation.