§1 General Provisions
- The organizer of this promotion is SimpleFX Ltd, registration number 22361 Suite 305, Griffith Corporate Centre Beachmont, Kingstown VC0100, St. Vincent and the Grenadines.
- The promotion takes place on the SimpleFX trading platform.
- This promotion aims to increase the number of users of the platform SimpleFX.
- Before entering the Promotion, the Participant is obliged to read the general terms and conditions of use of the SimpleFX platform and the affiliation agreement.
- Participant’s participation in the promotion means that he/she accepts the rules of the Promotion contained in this document.
- The Promotion will be available for an indefinite period or until revoking.
§2 Definitions
- “Promotion” is an event described in these terms and conditions.
- “Prize” means cashback for Referred trader and revenue from affiliated users for Referrer.
- “Referrer” is an existing user of a platform SimpleFX who refers a new user to the registration on the SimpleFX platform. In the context of a referral program, the referrer is rewarded for referring new users.
- “Referred Trader” is a new user of SimpleFX who has been referred by an existing user. In the context of a referral program, the referred trader is eligible for special rewards, in this case – cashback.
- “Referral link” is a unique URL that is provided to an existing user to share with their friends, family, or anyone else. The referral link typically includes a tracking code that identifies the referrer and the referred user.
- “Active account” is a user account on the SimpleFX platform that is currently in use and has not been deactivated or deleted. In the context of a referral program, the referrer and referred trader must have an active account with SimpleFX to be eligible for rewards.
- “Trading spread” it’s the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. For the purpose of this promotion, the trading spread has fixed value for instruments and currency pairs which are described in Trading Conditions on the SimpleFX website.
- “Trading spread turnover” calculated trading spread from a 30-day period.
§3 Referral Program
- The Referred Trader will earn a 5% cashback on all trades he will make for 30 days after the registration using the Referrer’s referral link.
- All new traders who will use a promo code “GET5”, will be entitled to receive 5% cashback from trading spread for the first 30 days after they register. For more information and even higher cashbacks, check our website’s latest information.
- The cashback will be calculated based on the Referred Trader’s trading spread.
- The Referred Trader will receive the cashback in their account each week of the 30-day period if they comply with the requirements of this promotion.
- The Referred Trader must have an active account with our company to be eligible for the cashback.
- By sharing the referral link, the Referrer can earn from 10% up to 50% trading spread turnover from every account directly created after clicking their link. Detailed conditions of this part of the promotion are regulated in the affiliation agreement published on the SimpleFX website.
- The Referrer can earn 5% of revenue from the value described in §3 p.5( 5% from 10-50% of turnover spread) from accounts that were registered by the reference by the referred trader). Detailed conditions of this part of the promotion are regulated in the affiliation agreement published on the SimpleFX website.
- The Referrer should inform every potential Referred Trader about the 5% cashback they will receive.
§4 Final Provisions & Restrictions
- A person who already has an existing account on the SimpleFX platform is not eligible to participate in the Promotion as a referred trader.
- Using multi-account registration to farm SimpleFX rewards or other dishonest behaviors will terminate all associated accounts immediately.
- The Participant shall not be entitled to receive the Prize (or may forfeit the Prize received), in the event that he/she violates, tampers with, or fails to comply with the provisions of these Terms and Conditions or has violated the rules of this Promotion.
- SimpleFX shall be entitled to independently assess whether an entrant is in breach of the provisions indicated above, using objective criteria, in particular where SimpleFX identifies that the customer has opened subsequent accounts for the same user.
- In the event of any dispute or misinterpretation of this Offer’s Terms and Conditions, such dispute or misinterpretation shall be resolved by SimpleFX, acting in good faith and as it shall, at its sole and absolute discretion, deem fit and proper. The decision of SimpleFX shall be final and binding.
- Detailed conditions and restrictions of this promotion can be found in the affiliation agreement published on the SimpleFX website or other legal documents published in the same spot.
- The requirements may be adjusted as the market condition changes.
- The Organiser shall not be liable for any losses incurred by the Customer, including in particular indirect or consequential losses or costs of lost opportunities or profits, which arose in connection with the Customer’s failure to fulfill the terms and conditions of participation in the Promotion.
- This promotion is not sponsored, endorsed, administered by, or associated with any third parties, including but not limited to Apple Inc.