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iFunds Affiliate Program

Terms & Conditions

Last Updated: 5 May 2024

iFunds Ltd., introduces the iFunds Affiliate Program ("the Program") to facilitate affiliates in earning commissions through the promotion of iFunds across various channels.

By signing up to be an affiliate in the iFunds Affiliate Program (the “Program”) you agree to be bound by the following terms and conditions (the “Terms”).

Please ensure that you read them carefully before signing up. These Terms are a legal agreement between iFunds LTD., a company registered in Saint Lucia Number 2024-00154 Ground Floor, The Sotheby Building, Rodney Bay, Gros-Islet, Saint Lucia, P.O. Box 838, Castries), and You (the “Affiliate”, “you”).

Program Overview

Affiliates are granted the opportunity to disseminate a iFunds Affiliate link within their network or embed an Affiliate link on their websites or social media platforms. Upon the purchase of an iFunds account by a recipient of the shared Affiliate link, provided the recipient was not previously an iFunds customer, the Affiliate responsible for the link will receive a one-off CPA commission equivalent to 10% of the account fee paid by the customer, and a recurring commission of $1 Per every round-turn traded lot or any other commission amounts agreed upon in writing between iFunds and the Affiliate.

Eligibility for Commission

Affiliates seeking commissions for introducing new customers to iFunds must:

  • 1. Enroll in the iFunds Affiliate Program from https://ifunds.io/affiliate.
  • 2. Utilize a distinct Affiliate link generated through the Affiliate Portal accessible at https://ib.ifunds.io.
  • 3. Comply with iFunds brand guidelines and product specifications.
  • 4. Refrain from disseminating inaccurate information about iFunds.
  • 5. Provide your legal full name, a valid email address, and any other information requested to complete the sign-up process.
  • 6. You must be 18 years of age or older to join this Program.

Moreover, iFunds reserves the right to review affiliate sales for legitimacy and to withhold payment on sales deemed fraudulent or in violation of these terms.

Earning and Withdrawal of Commissions

  • 1. Commissions become payable to affiliates after introducing at least 5 active clients to iFunds. The release of commissions is contingent upon the Affiliate's request through the online Affiliate Portal.
  • 2. Withdrawn commissions are transferred to the Affiliate's specified USDT Wallet address, as indicated in the withdrawal request.
  • 3. iFunds Ltd. Cannot be held responsible for any loss of funds resulted from providing the wrong USDT Address.
  • 4. Affiliates can monitor their due commissions through the Affiliate Portal, with no limitations on the total amount of commissions an Affiliate can accrue.
  • 5. Affiliates are responsible for addressing any tax obligations associated with revenues earned through the Program.
  • 6. iFunds reserves the right to modify the applicable commission rate or introduce a total cap by issuing a two-week written notice to the email address registered to the Affiliate account.
  • 7. We will only pay referral fees on links that are automatically tracked and reported by our systems. For our systems to track the referral, the visitor must have cookies enabled. We will not pay referral fees if someone says they signed up through you but it was not tracked by our system.
  • 8. In the event of concerns regarding discrepancies in commission amounts, affiliates may communicate with us at support@ifunds.io. iFunds may request additional information for balance determinations, and all decisions in this regard will be final and at the sole discretion of iFunds Ltd.
  • 9. IFunds reserves the right to deduct commissions resulting from a refunded sale, even if the refund occurs after the activation of the account. This deduction is instituted to maintain fairness and align with iFunds’ policies regarding refunded transactions.

Affiliate Obligations

  • 1. Affiliates must adhere to all applicable laws and regulations in the promotion of iFunds.
  • 2. Any form of misleading, deceptive, or unethical promotion is strictly prohibited. Affiliates shall conduct their promotional activities in a professional manner.
  • 3. We may also provide graphical images that can be used within the links to promote iFunds. You may not modify these images in any way. We reserve the right to change the images at any time without notice.
  • 4. You will be solely responsible for the development, operation, and maintenance of your site and for all materials that appear on your site.
  • 5. You may not use our name or graphics in any bulk email whatsoever unless we have given our advanced written consent. We may terminate the Agreement if any meaningful spam complaints naming us or our services result from your marketing activities.
  • 6. You may not in any manner misrepresent or embellish the relationship between us and you, say you develop our Services, say you are part of iFunds Ltd. or express or imply any relationship between us and you or any other person or entity, except as expressly permitted by this Agreement.
  • 7. In the event that iFunds determines that an affiliate is breaching the proscription on engaging in misleading, deceptive, or unethical promotional activities, iFunds retains the right to suspend the affiliate's account and withhold disbursement of commission payments without prior notice.
  • 8. iFunds shall not be held responsible for any misconduct, fraudulent activities, or non-compliance with applicable laws by affiliates. Affiliates are solely responsible for their actions, and iFunds disclaims liability for any losses or damages arising from affiliate conduct.

Affiliate Cookie Duration

The affiliate's unique cookie is preserved for 90 days. Consequently, a user clicking on the affiliate link will be credited to the affiliate if they make a purchase within 90 days from the initial click.

Termination and Changes

iFunds retains the authority to extend, suspend, or terminate the Program, or suspend or terminate a user's participation in the Program at any time and for any reason. Accounts may be suspended, and commissions removed if any activity is deemed abusive, fraudulent, or in violation of the iFunds Terms of Use.

Updates to the Terms

These terms are subject to modification without prior notice. Any alterations will be posted on the iFunds website and become effective upon posting. Continued participation in the Program after any modification is deemed consent to such changes.

Waiver

If we fail, at any time to insist upon strict performance of any of your obligations under these Terms, or if we fail to exercise any of the rights or remedies to which we are entitled hereunder, this shall not constitute a waiver of such rights or remedies and shall not relieve you from compliance with such obligations.

A waiver by us of any default shall not constitute a waiver of any subsequent default.

No waiver by us of any of these Terms shall be effective unless it is expressly stated to be a waiver and is communicated to you in writing.

Severability

If any of these Terms are determined by any competent authority to be invalid, unlawful or unenforceable to any extent, such term, condition or provision will to that extent be severed from the remaining terms, conditions and provisions which will continue to be valid to the fullest extent permitted by law.

Entire agreement

These Terms and any document expressly referred to in it represents the entire agreement between us in relation to the use of the Program and supersedes any prior agreement, understanding or arrangement between us, whether oral or in writing.

We each acknowledge that, in entering into these Terms, neither of us has relied on any representation, undertaking or promise given by the other or be implied from anything said or written in negotiations between us prior to entering into these Terms except as expressly stated herein.

Neither of us shall have any remedy in respect of any untrue statement made by the other, whether orally or in writing, prior to the date we entered into these Terms (unless such untrue statement was made fraudulently) and the other party's only remedy shall be for breach of contract as provided in these Terms.

Governing Law & Jurisdiction

This legal notice shall be governed by and construed in accordance with the Saint Lucia’s law. Disputes arising in connection with this legal notice shall be subject to the exclusive jurisdiction of Saint Lucia.

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