1. General provisions
This agreement is concluded between the operator of the online trading system for derivative financial instruments on the website www.binomo.com, by Dolphin Corp LLC, registered at First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St.Vincent and the Grenadines, registration number 915 LLC 2021, (hereinafter referred to as the "Trading Platform"), on the one hand, and users interested in promoting the trading platform www.binomo.com (hereinafter referred to as the "Affiliate"), on the other hand.
By checking the box "I have read and agreed to all the terms of the Affiliate Agreement" when registering an affiliate account, the Affiliate expresses understanding and agreement to all the following terms of this Agreement.
For the purposes of this Agreement, the terms used have the following meanings:
Active Affiliate - a Partner who has attracted at least 3 (three) Partner Clients in the last 1 (one) month, or at least 5 (five) Referrals in the last 6 (six) months to the Affiliate Program.
Affiliate Balance - the Affiliate’s account where the Affiliate’s payouts are credited.
Brand Query - any word and/or phrase with the word "Binomo".
Affiliate Program - a business cooperation plan between the Trading Platform and Affiliates on the website www.binpartner.com that includes the terms and tools for promoting the trading platform www.binomo.com.
Client ID - a client’s identifier, such as an Affiliate Link or other identifier established by the Trading Platform to confirm the relationship between the user and the Affiliate.
Client - a user who has successfully registered an account on www.binomo.com with the intent to conclude financial transactions. For the purposes of this agreement, a user whose registration has not been completed or approved, or has been canceled for any reason or at any time by the Trading Platform, is not considered a Client.
Affiliate Client - a Client that was redirected by an Affiliate to the Trading Platform website.
Affiliate Account - the Affiliate’s account on the website www.binpartner.com with an assigned ID number and access to their personal account.
Affiliate Payouts - the Affiliate’s remuneration credited and paid by the Trading Platform according to the tariff chosen by the Affiliate.
Affiliate Link - a uniform resource locator (URL) which contains a unique affiliate label the Trading Platform uses to record Affiliate statistics.
IP Objects - the following intellectual property objects, the rights to which belong to the Trading Platform:
• the Binomo registered combined trademark (certificate of state registration No. 5884175);
Сomission Base Plan - the Trading Platform’s revenue from the total trading activity of all the Affiliate Clients.
Advertising Materials - banners, landing pages, logos, video reviews, and other promotional materials created and provided to the Affiliate to refer users to the Trading Platform.
Referrals - users who are Affiliates referred by the Affiliate to promote the Affiliate Program.
Referral Payouts - the Affiliate’s remuneration credited and paid by the Trading Platform for referring other Affiliates to the Affiliate Program.
Referral Link - a uniform resource locator (URL) used to refer Affiliates to the Affiliate Program.
Spam - the distribution of information about the Trading Platform to persons not wishing to receive such notifications and expressing clear dissatisfaction with such actions and materials.
Trading Account - the Client’s registered account for transactions with financial instruments on www.binomo.com.
Traffic - the total number of Affiliate Clients who visited the website www.binomo.com.
3. Registration of affiliates, affiliate clients, referrals
3.1. Those who are interested in promoting the Trading Platform and referring Clients need to register an Affiliate Account at https://binpartner.com.
3.2. In the Affiliate Account, the Affiliate has access to the Affiliate Program and Advertising Materials, as well as an individual Affiliate Link to refer users to the website www.binomo.com, a Referral Link for promoting the Affiliate Program, and the Trading Platform credits their Trading Account and pays the Affiliate their Affiliate and/or Referral Payouts according to the selected tariff on the conditions set forth in this Agreement.
3.3. A User is considered an Affiliate Client when registering on the website www.binomo.com via the Affiliate Link.
3.4. A User becomes a Referral when registering as an Affiliate on the website https://binpartner.com via the Referral Link.
4. Rights and obligations of the trading platform and affiliate
4.1.The Trading Platform provides the Affiliate with the following:
4.2.Under no circumstances does the Trading Platform provide the Affiliate with the following:
- additional rights and privileges to support Affiliate Clients;
- the right to receive Affiliate and/or Referral payouts for Clients visiting the Trading Platform that were referred by other Affiliates or who independently visit the Trading Platform website;
- any other rights to IP Objects or other property of the Trading Platform, except as expressly provided for in this Agreement.
4.3.The Affiliate undertakes to carry out their activities professionally and in good faith within the framework of the Affiliate Program.
4.4.The Affiliate is responsible for the following:
- for the state of their Affiliate Balance, and their activity or inactivity in the process of using their Affiliate Account;
- for the security of their passwords, as well as payment and other information specified in the Affiliate Account;
- for providing reliable and complete additional information as required under this Agreement, including the following:
4.5.The Affiliate shall not do the following:
(I) use Brand Queries in any contextual advertising or use Spam to refer Clients;
(II) use the provided Affiliate Link to register as a Client;
(III) use the provided Referral Link to register as a Referral;
(IV) publish and disseminate false information about the Company;
(V) register more than one Affiliate Account from the same IP address with an Affiliate Link;
(VI) transfer or in any way provide to third parties the provided Affiliate and Referral Links;
(VII) manage the accounts of Clients, Affiliate Clients, or Referrals;
(VIII) use any fraudulent schemes when working on the websites www.binpartner.com or www.binomo.com;
(IX) target ads for the Trading Platform to persons under 18 years of age or whatever the legal age is in the country where potential Clients reside;
(X) advertise the Trading Platform on websites in the countries listed in the List of Prohibited Countries for Affiliates;
(XI) advertise or inform about similar or comparable (competing) products from the Affiliate or other persons and companies, including through the following:
(XII) the direct or indirect use or promotion of IP Objects;
(XIII) the use of their own Advertising Materials without the prior approval of the Trading Platform;
(XIV) the activation of Advertising Materials using fictitious users, including but not limited to, bots and Affiliate employees
(XV) the use of remote programs, trojans, automatic clicks, or automatic installation scripts to click or activate advertisements in the background without explicit and conscious user permission;
(XVI) the use of hacked, decompiled, or modified Advertising Materials;
(XVII) the use of any means to artificially increase the number of impressions and/or clicks, including manual methods. Clicks on Advertising Materials should be the result of genuine user interest. Any method that artificially generates clicks or views of Advertising Materials is strictly prohibited, including but not limited to the following: multiple manual clicks or impressions, any means of generating automatic clicks or impressions, as well as the use of robots or misleading software;
(XVIII) advertising the Trading Platform's products using malicious methods of advertising, including but not limited to: promotion through misleading ads on websites, applications, or other objects, including fake systems, services, or notifications in applications or signals; promotion through improper or exaggerated advertising slogans or advertising materials, or the use of a fraudulent advertising form to force users to download the product from the Trading Platform; or promoting or using installation methods that lead to redirection to Google Play and/or the App Store or downloading the application without prior notification of the user about unwanted promotion via SMS services.
(XIX) the opening of Trading Accounts or Affiliate Accounts from the same IP address through an Affiliate Link, and/or allowing relatives and friends to sign up through the Affiliate Link.
5. Affiliate and referral payouts
5.1. After registration, the Affiliate has the right to receive information about the plans available:
Сomission Base Plan
Affiliate Payouts are not fixed by a specific amount and accrued for every Affiliate Client after their verification by the security system. To receive more information about the tariff please reach out to your personal manager.
Payment for first deposit - CPA
Affiliate Payouts are fixed and accrued for every first deposit of an Affiliate Client after their verification by the security system. The verification period does not exceed 14 days from the date of deposit. This plan is available at the request of the Affiliate to their personal manager. More details on plan conditions can be found here (https://binpartner.com/en/plans).
Payouts for Client registration - CPL
Affiliate Payouts are fixed and accrued for each registration of an Affiliate Client. This plan is available at the request of the Affiliate to their personal manager within the framework of the Affiliate Program.
Referral Payouts are from 5 to 12% of the monthly earnings of the Referral.
5.2. The Affiliate has the right to change their plan no more than once a month.
5.3. The Trading Platform has the right to unilaterally change the Affiliate's plan or its terms by notifying the Affiliate about it by email or another available communication channel.
5.4. If the Affiliate refuses the new plan or its terms, they must send an email in response to the notification from the Trading Platform within 3 (three) days from the moment of its receipt. The Affiliate’s compliance with the Agreement within 3 (three) days after notification from the Company means the Affiliate consents to the new tariff or its new terms.
Tracking Affiliate and Referral Payouts
5.5. The calculations for Affiliate and Referral Payments for Active Clients are done in US dollars online in the "Statistics" section of the Affiliate Account.
5.6. The Company calculates Affiliate Payouts based on the Affiliate's current plan.
5.7. Receipt by the Affiliate of an amount of Affiliate and/or Referral Payouts by a method specified in clause 5.10 will be deemed to be proper execution by the Trading Platform of its obligations to pay remuneration. In the event the Affiliate disagrees with the transferred amount, the Affiliate needs to send notification by email to firstname.lastname@example.org within 5 (five) business days of receipt of that amount. In the event that the indicated period of notification has passed, the Affiliate loses the right to challenge the remuneration payment.
Payment of Affiliate Payouts
5.8. The Trading Platform pays Affiliate and Referral Payouts provided that no less than 5 (five) Affiliate Clients are registered in the Affiliate account, the number of Client first deposits is no less than 5 (five), and the amount in the Affiliate Balance at the moment of payment is at least 10 (ten) US dollars. At the same time, the Trading Platform has the right, at its discretion, to change the specified minimum thresholds for the payment of Affiliate Payouts and payment periods.
5.9. The Trading Platform pays Affiliate and Referral Payouts accrued to the Affiliate based on the previous calendar week (as a rule, on the Thursday of the current calendar week). The Affiliate has the right to send a withdrawal request for early remuneration. The Trading Platform has the right to refuse early payment or to take a decision within 2 (two) business days from the date of receipt of the request for early payment of the Affiliate Payout to the Affiliate.
5.10. Affiliate and Referral Payouts are paid via the payment method the Trading Platform finds most acceptable based on internal policy and applicable law. The preferential method of payments is transferred to the electronic currency wallet specified in the Affiliate Account. The amount paid includes the costs associated with the transfer or conversion of funds.
5.11. The Trading Platform has the right to refuse payment of Affiliate and Referral Payouts in the event that the Affiliate Client does not pass verification on the Trading Platform or the results of that procedure were subsequently cancelled for any reason.
5.12. Profitability for the Сomission Base Plan for traffic from China has been reduced by 50%. The affiliate commission for all traders who registered 90 days prior has been reduced by 20%; for traders who registered 360 days prior, it has been reduced by 100%.
5.13. Traffic from Canada, USA, Australia, Austria, Belgium, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Greece, Hungary, Ireland, Italy, Germany, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Norway, Iceland, Liechtenstein, Sweden, United Kingdom, Andorra, Vatican, Monaco, San Marino, Cyprus, Switzerland, Israel, Singapore, Hong Kong, New Zealand, Syria, Iran, Saint Vincent and the Grenadines, Japan, Russia, Moldova, Belarus, Afghanistan, Albania, Iraq, Libyan Arab Jamahiriya, Palestinian Territory, South Sudan, Haiti, Jamaica, Mali, Myanmar, Nicaragua, Senegal, Zimbabwe and Cuba is not taken into account by the Company when calculating CPA Payouts.
5.14. In the event that the Trading Platform discovers any suspicious activity concerning the Affiliate Account or any other account available to the Affiliate, the Trading Platform may, at its discretion, postpone the payment of Affiliate Payouts for up to 14 (fourteen) days to conduct an investigation.
5.15. In the event that during the course of the investigation, fraudulent actions are detected, including Spam, false advertising, use of stolen credit cards, collusion, falsification of services, systems, premiums or advertising, offers for direct or indirect division of Affiliate or Referral Payouts with Clients, or any unauthorized use of accounts, copyrights, or trademarks of third parties aimed at deceiving the Trading Platform, regardless of the amount of damage caused, the Trading Platform has the right to suspend the Affiliate Account without payment of Affiliate and/or Referral Payouts, as well as to use other means of protection.
5.16. The Trading Platform has the right to postpone or cancel the payment of Affiliate and/or Referral Payouts in the following cases:
5.17. The Affiliate is solely responsible for fulfilling the requirements of applicable tax legislation for Affiliate and/or Referral Payouts. The Trading Platform has the right to provide any information on accrued and paid amounts to any state authorities.
6.1. The Trading Platform has the right to collect fines from the Affiliate in the amount of 50 to 100% of the Affiliate Balance on the date of fine collection in the event of a breach of the obligations stipulated in subclauses (I) - (IV), (VII)-(IX), (XIV), (XVII), (XVIII) clause 4.5 of the Agreement, and suspend the Affiliate Account with advance notice.in the amount of 10 to 20% of the Affiliate Balance on the date of fine collection in the event of a breach of the obligations stipulated in subclauses (V), (VI), (X)-(XII), (XV),(XVI) clause 4.5 of the Agreement, and suspend the Affiliate Account with advance notice.
6.2. In the event that the breach of the Affiliate’s obligations provided for in clause 4.5 of the agreement is identified by a Client, the Trading Platform has the right to suspend the Affiliate Account for the duration of the investigation.
6.3. In the event that the Company determines that the Affiliate is using the Affiliate Account for purposes other than those specified in Clause 3.1 and is violating the terms of the Agreement, the Trading Platform has the right to suspend the Affiliate Account with prior notification.
6.4. If the Affiliate breaches the obligations stipulated in subclause (VIII) of clause 4.5 of the Agreement, the Trading Platform shall have the right to withhold any and all Affiliate Payouts due to the Affiliate.
6.5. The Trading Platform has the right to suspend the Affiliate account without notifying the Affiliate in the following cases:
6.6. The Trading Platform has the right, in addition to any other available means of protection, to recognize the Affiliate and/or Referral Link as invalid and immediately block the access of that Affiliate to their Affiliate Account with payments of Affiliate and/or Referral Payouts.
6.7. The Trading Platform reserves the right to terminate and/or retain Affiliate and/or Referral Payouts at any time, and/or cancel requests for advertising materials from an Affiliate, in the case of reasonable suspicions that actions have taken place or text or images were used which violate or may violate applicable law or there are reasonable grounds to believe that these actions may have negative commercial consequences for the Trading Platform.
7. Liability limitations. guarantees. indemnification
7.1. In any case, the responsibility of the Trading Platform, its directors, shareholders, subsidiaries, employees, or agents does not include liability for compensation of losses or damages caused to the Affiliate as the result of fulfilling or violating this Agreement, as well as indirect, extreme, subsequent, or other additional costs due to special circumstances, accidental or punitive damages or costs (including but not limited to lost profits, indirect damages, loss of income, loss of data, or damage to reputation), even if the Affiliate had been advised of the possibility of such. The liability of the Trading Platform is limited to the amount of direct damage incurred by the Affiliate as the result of gross negligence or deliberate unlawful actions of the Trading Platform.
7.2. The Trading Platform is not responsible for failures or malfunctions of any software, hardware, or communication facilities or other systems.
7.3. The liability of the Trading Platform is, in any case, limited to the lesser of the following amounts: (1) the total amount of Affiliate Payouts paid to the Affiliate for one (1) past month before the occurrence of the event entailing liability, or (2) 5,000 (five thousand) US dollars.
7.4. To the extent permitted by applicable law, the Trading Platform disclaims any express or implied warranties, including any express or implied warranties of the absence of a breach, the turnover of services or products offered by the Trading Platform, as well as the accessibility of the Trading Platform website and the absence of viruses, errors, or threats to security.
7.5. The Affiliate guarantees the following:
8. Amendments and termination of the agreement
8.1. The Agreement enters into force the moment the Affiliate expresses consent to the terms of this Agreement and operates sequentially every 12 (twelve) months in the event that neither of the Parties has declared its termination.
8.2. The Trading Platform is entitled to unilaterally amend the Agreement with the Affiliate’s notification by email in the following cases:
as established by this Agreement; changes or amendments to applicable law that must be followed by the Trading Platform.
8.3. The Agreement can be terminated on the basis of the mutual agreement of the Parties.8.4. The Agreement can be terminated at the initiative of the Trading Platform in the following cases:the Affiliate refuses to accept a new plan or changed conditions (clause 5.4 of the Agreement);
the Affiliate violates the provisions of subclauses (IX), (X) of clause 4.5, as well as any of the subclauses of clause 6.6 of the Agreement;
at any time and for any or no reason, when notifying the Affiliate 7 (seven) days before the date of termination by email (or by posting a message on www.binpartner.com that the Agreement is terminated with all Affiliates at the same time).
8.5. The Agreement can be terminated at the initiative of the Affiliate at any time when notifying representatives of the Affiliate Program 7 (seven) days prior via email to email@example.com.
8.6. From the moment of termination of the Agreement, the Affiliate no longer accrues Affiliate and/or Referral Payouts for new Affiliate Clients. At the same time, the Trading Platform continues to pay Affiliate Payouts for already registered Affiliate Clients for 3 (three) months from the Agreement termination date, provided that the basis for termination was not subclauses (IX), (X) of clause 4.5, or any of the subclauses of clause 6.5 of the Agreement.
8.7. In the event of termination of the Agreement for any reason, the Affiliate must stop using all Advertising Materials and remove them from their websites and pages on the internet.
9.1. Any information or data received by the Parties in connection with the conclusion and fulfillment of the Agreement shall be treated as confidential and cannot be disclosed to third parties, except for cases when such information is provided at the request of government agencies that monitor compliance with applicable law.
9.2. Confidential information cannot be disclosed to third parties, published, or otherwise disclosed during the term of the Agreement and within five (5) years after its expiration.
10. Consideration of appeals, claims, and disputes
10.1. The Parties should attempt to settle all disputes through negotiations.10.2. In the event of a disputable situation, the Affiliate has the right to file a claim with an Affiliate Program representative and send it to the following email address: firstname.lastname@example.org.
10.3. The Affiliate’s claim will be considered within 5 (five) business days from the date of receipt, provided that the appeal contains a reasoned description of violations of the terms of the Affiliate Program and the necessary evidence (if any).
10.4. The Affiliate may be denied consideration of their claim in cases where the claim does not specify the following:
a) the Affiliate’s information (the Affiliate’s login and email address), date, time and description of the dispute, the Affiliate’s demands;
b) the amount of the claim and justification of how it was calculated (if the claim is subject to monetary valuation);
c) the circumstances in which the demands are based and evidence supporting them, including relevant clauses in the Agreement;
d) a list of documents attached to the claim (complaint) and other evidence certified by the Affiliate;
e) other information necessary for the settlement of the dispute;
f) claims are filed after more than 14 (fourteen) business days after the date of the dispute;
g) claims contains:
10.5. As part of the dispute's consideration, the Affiliate may be requested to provide additional documents, comments, or information. Consideration of the Affiliate’s claim is carried out on the basis of the facts stated in the claim and records of the server logs. When resolving a dispute, the records of the trading log servers of the Trading Platform shall prevail over other evidence.
10.6. The dispute may be reviewed in a court procedure if the Parties fail to settle it within one (1) month from the receipt of the claim by the Trading Platform.
10.7. The applicable law of this Agreement is the legislation of Saint Vincent and the Grenadines.
11. Additional conditions
11.1 The Affiliate or persons acting on their behalf fulfilling this Agreement shall not be entitled to declare invalidity, inapplicability, or to contest the provisions of this Agreement governing the handling of IP Objects.
11.2. Clients of the Affiliate and Referrals will always be considered clients of the Trading Platform, which is the sole and exclusive owner of the user contact database. The Affiliate shall not be entitled to contact a Client or Affiliate Clients without the written approval of the Company. If such approval is provided by the Company but it is subsequently discovered that such contact made by the Affiliate is contrary to the interests of the Trading Platform, the latter shall have the right to revoke the approv