TERMS OF SERVICE
Last Updated January 1st 2022
FXM Global Markets Limited
ADVICE DISCLAIMER!!!
FXM Global Markets Limited, hereby declares that we are not a financial service provider and
that We are not providers of securities services.
All members including proxy
members who represent entities on FXM Global Markets, hereby agree that by accessing and
registering on the FXM Global Markets website and/or by the act of using any FXM Global
Markets
services that they have read, understand and agreed to and will abide by the terms of this
Advice Disclaimer.
Nature of Our Business
FXM Global Markets is an internet based investment service provider which performs its
business
through the website FXM Global Markets and its official office in USA.
FXM Global
Markets does not offer financial advices to its members and also does not portray itself as
a registered or authorised financial services provider or render financial services as
defined in the Financial Advisory and Intermediary Services Act 2002 ("the FAIS Act") and
the Securities Services Act, 2004 ("the SS Act").
Performance
Per the FXM Global Markets Terms and Conditions and per the FXM Global Markets General
Policies
and per the FXM Global Markets Advice Disclaimer, FXM Global Markets does not guarantee or
warrant any returns or specific growth, rates or outcomes.
FXM Global Markets
members
and proxy members utilise the services of FXM Global Markets and any related services
entirely
at their own risk, without any liability to FXM Global Markets
SECTION 2
FXM Global Markets LIMITED
GENERAL TERMS AND CONDITIONS
Introduction
This document covers the full set of terms and conditions at
FXM Global Markets Ltd,Terms and Conditions which any member or proxy of any entity agrees
to
and agrees to abide by through their action of registering on FXM Global Markets the website
and/or makes use of any FXM Global Markets services. All such members are required to make
themselves familiar with these Terms and Conditions.
Terms and Conditions
Your access to and use of this website (and any and all related software utilized to support
this website) shall be governed by the following terms and conditions of FXM Global Markets
Limited Limited.
By yourself accessing and using the FXM Global Markets website
and/or yourself making use of any services offered by FXM Global Markets, or yourself making
use of any services offered through using a proxy, you agree to comply with and be
irrevocably bound by the terms and conditions herein below, in order to utilize this website
and engage in the services of FXM Global Markets and or its service providers.
This
website provides all necessary information with regards to operating the Member Account
Dashboard, as well as details of the FXM Global Markets Bonus Plan for the additional
Referrals Option.
To make use of FXM Global Markets services, you will need to
register and open your account on this website.
You will be required to fund your
account with a recommended amount $500 (Five hundred USD) value in bitcoin within seven (7)
days from the date and time of your registration. Failure to do so will result in your
account being deleted. You will be permitted to re-register again at a later stage but will
then be allocated a different position.
By opening an account on this website, you
confirm that you irrevocably agree to and are bound by the terms and conditions of FXM
Global
Markets as set out herein below.
Account Eligibility
You must:
While using our Service, we may ask you to provide us with certain
personally identifiable information that can be used to contact or identify you ("Personal
Data"). Personally identifiable information may include, but is not limited to:
As
an individual, be at least 18 (EIGHTEEN) years of age and capable of entering a legally
binding contract and, you must have a valid email address.
If you are a minor:
You may not be a member of FXM Global Markets unless you have reached the legal age
your country prescribes in order to enter into a legal contract and act without the
assistance of your legal guardian. In USA that age is 18 and may differ from country to
country. Your legal registration with FXM Global Markets will be governed by the laws of
your
applicable country under which authority you reside.
If you are under the age of 18
(EIGHTEEN) your legal guardian may open an account in your personal name and as your legal
guardian manage your account on your behalf. Your legal guardian will be liable for and
bound by the terms and conditions of FXM Global Markets in their representing capacity as
legal guardian.
The legal guardian must ensure that the minor does not access the
account without the presence and assistance of the legal guardian who will have full account
control and access rights until the minor becomes of age. When the minor become of age,
he/she may apply to FXM Global Markets in order to provide him/her with full access to
his/her
account by submitting the necessary proof as required by FXM Global Markets. The newly
qualified member will then be bound by the terms and conditions in his/her personal
capacity. If using a proxy, your proxy must be at least 18 (EIGHTEEN) years of age and
capable of entering a legally binding contract and having a duly signed proxy not older than
3 months.
Agree that if you are a registered company, trust, partnership or any
other legal entity which is duly registered under the applicable laws of the country in
which the aforesaid entity conducts business, and/or is domiciled, and the person opening
the account on behalf of the legal entity confirms their proxy by written
declaration/resolution/letter of authority from the entity, that he/she is the duly
authorised representative for and on behalf of the legal entity. Through registering on the
FXM Global Markets website, accessing and making use of services offered, that person or
proxy
will legally bind the represented entity to the FXM Global Markets terms and conditions as
set
out herein. Any dispute regarding such authority to represent shall have no effect on the
legality or existence of the contractual relationship between FXM Global Markets and the
entity. FXM Global Markets reserves the right to request the relevant resolution or Letter
of
Authority at any time. If the required documentation cannot be presented on request within a
reasonable time, FXM Global Markets reserves the right to suspend the members account until
the required documents is presented.
Be sponsored by an existing FXM Global
Marketss
member (“sponsor”).
Be responsible for your own taxes on any proceeds and the
declaration thereof with your relevant tax authority. FXM Global Markets does not deduct or
withhold any taxes on your behalf, nor will any reporting tax related responsibilities vest
in FXM Global Markets.
Take responsibility for maintaining and protecting the
confidentiality and safekeeping of your login details, which consist of your email address
and password. FXM Global Markets takes no responsibility for any unauthorized access to or
use
of your account. In the event of a security breach on FXM Global Markets end, FXM Global
Markets
will notify you as soon as practically possible, in line with the provisions of the Federal
Act on Consumer Information of October 5, 1990 (SR 944.0) of USA
Disclaimer of Warranties
You understand and acknowledge that:
Neither FXM Global Markets nor its business
partners is responsible for any loss or damage of whatever nature and cannot be held liable
for the website being temporarily unavailable due to technical issues and or maintenance
beyond FXM Global Markets' reasonable control.
FXM Global Markets cannot provide any
guarantees as to the performance, accuracy, timeliness, completeness or suitability of the
information (which may contain outdated information, inaccuracies or errors) and services
found or offered on this website for any particular purpose, and FXM Global Markets
expressly
excludes any liability for such to the fullest extent permissible by law.
Information
provided by FXM Global Marketss, including but not limited to statements, trade results and
advertisements, are purely for informational purposes and by no means intended to serve as
financial or investment advice, or forecasts of future performance.
Your use of any
information or services on this website is entirely at your own risk, for which FXM Global
Markets or its business partners cannot be held liable in any manner.
You are
responsible for ensuring that any product, services or information available through this
website meet your specific needs and requirements.
This website may include links to
other third-party websites which are not controlled by FXM Global Markets, which FXM Global
Markets and its officers cannot be held liable in any manner for any consequential damages
that you may occur as a member or that may be incurred by the the entity that you represent
as a proxy.
Copyright
You acknowledge and agree that the FXM Global Markets website
contains confidential information that is protected by COPYRIGHT ©️ and a range of
intellectual property laws in Switzerland and world-wide.
FXM Global Markets reserves
all
copyright rights worldwide.
FXM Global Markets Exclusive Rights
You are permitted to use the FXM Global Markets website provided that you do not (and do not
allow any third party to):
Copy, modify, create a derivative work of, reverse engineer,
reverse assemble or otherwise attempt to discover any source code, meta-data, sell, assign,
sublicense, grant a security interest in or otherwise transfer any right in this website in
any manner or form;
Use modified versions of this website, including (without
limitation) for the purpose of obtaining unauthorized access to the website; or
Access
the website by any means, other than through the interface that is provided by FXM Global
Markets for use in accessing the website.
You authorize FXM Global Markets to use your
name, photograph, personal story and/or likeness in advertising or promotional materials and
waive all claims for remuneration for such use. Should you wish to opt-out of
marketing-specific communications, you will be provided with a link to exercise such option
in the relevant communications.
You permit FXM Global Markets to contact you via email
or
text messaging for reasons including, but not limited to, FXM Global Markets announcements,
bonus programs and promotions, changes in policy, etc.
FXM Global Markets reserves the
right to manage the referral bonus of any account with a balance of less than $1000 (one
Thousand USD) worth of bitcoin in value.
FXM Global Markets reserves the right, for
security reasons and for the protection of the website and its members, to block withdrawals
from a members account for a period of seven (7) calendar days should any password, email
address, 2FA or Bitcoin Withdrawal Address be changed.
FXM Global Markets reserves the
right to withhold, deduct or collect from any portion of your or any accomplices bitcoins
any amounts received or qualified for through the misuse or abuse of the Bonus Plan by means
of schemes or unethical behaviour conducted by yourself or with the assistance or collusion
of other parties..
Member and customer lists and names are owned by FXM Global
Markets and may never be used for any commercial or business purpose without the prior
written consent of FXM Global Markets, its directors and officers.
Indemnity
You indemnify and release FXM Global Markets from and against all claims, suits,
demands,
actions, liabilities, costs and expenses (including reasonable legal costs and expenses
awarded by any competent court or tribunal) resulting from your access to and/or use of this
website, or breach of any terms and conditions you agree to; prior to accessing this
website, in the proportion that represents the extent to which the claim, suit, demand,
action, liability, cost or expense is caused by your negligent or wrongful acts or
omissions.
You understand that failure to comply with the above FXM Global Markets
terms
and conditions and policies and procedures herein may result in the termination of the
agreement, which could result in FXM Global Markets suspending your member status.
You
understand that any payments due to you may be delayed until final resolution has been
achieved.
You acknowledge that in the event of your violation of this agreement and/or
FXM Global Markets' terms and conditions and/or policies and procedures, your member rights
may be terminated without further bonuses or payments of any kind, which will be forfeited
to FXM Global Markets.
You agree that you indemnify and hold FXM Global Markets, its
directors, officers or employees harmless from any and all claims, damages or expenses
(including legal fees) that may arise from your actions or conduct in violation or
contravention of this agreement. You acknowledge FXM Global Markets' Bonus Program is based
on
current products and is subject to change without prior notice, especially given fluctuating
markets and trades beyond the control of FXM Global Markets.
Regulatory and Policy
FXM Global Markets requires of all members that they will act in a manner that is in line
with
and abides by all regulatory, policy and legal requirements.
Should any member become
aware of or receive any form of regulatory or policy or legal communication in any
communication medium, the information should be forwarded directly to the FXM Global Markets
support and clearly marked for the personal attention of the support team.
Should
clause 8.2 above occur, no member should circulate or send such information or
communications in their possesion to any other members other than to the FXM Global Markets
support team, as required by clause 8.2.
Transgression of this term and condition of
FXM Global Markets membership can result in FXM Global Markets cancelling a members
membership,
after which FXM Global Markets would zero the members FXM Global Markets account and send
the
members Bitcoin to the member.
Should clause 8.4 occur and a member's membership be
terminated, that person will not be able to join FXM Global Markets again.
Limitation of liability
Neither party is liable to the other for any
consequential or indirect loss including, but not limited to, loss of profit, loss of data,
lost opportunity cost, loss of enjoyment.
Transferring your Account
No account shall be ceded or assigned to any third party, due to the risk of cybercrimes. Despite any other terms and conditions contained herein, FXM Global Markets reserves the right, in exceptional circumstances, to change the account holder detail.
Amendments and variations to terms and conditions
FXM Global Markets may amend these terms and conditions from time to time, if and when
necessary without prior notice and at FXM Global Markets' sole discretion.
Updated terms will appear on this website and it is your responsibility to ensure that you
remain abreast of any amended terms or conditions, as applicable.
Your continued use of the website shall be construed as an unequivocal acceptance of the
terms and conditions, as amended.
If you do not agree to comply and be bound by the terms and conditions, as amended from time
to time, you must immediately cease using this website, withdraw your bitcoin and proceeds
and notify both FXM Global Markets support and your referrer.
You will remain bound by these terms and conditions for a period of 36 months after
cancellation of your membership and will refrain from any conduct that will, may or could
cause FXM Global Markets any reputational damage.
Jurisdiction
This agreement and the relationship between the member and FXM Global Markets shall be
governed by the Federal Consumer/Investor Act of the USA, and the member agrees to the
jurisdiction of the High Judicial Court of the USA (any division) in terms of any legal
actions taken by either the member or FXM Global Markets.
Waiver and Severability of Terms
Any failure on the part of FXM Global Markets to exercise or enforce any rights or provisions
of this agreement shall not constitute a waiver of such rights or provisions.
FXM Global Markets reserves the right to exercise such rights or provisions within 3 years
from date of the contravention of the terms and conditions or the time FXM Global Markets
becomes aware of same, whichever occurrs last in time.
If any provision of this agreement is found by a court of competent jurisdiction to be
invalid, the parties nevertheless agree that the court should endeavour to give effect to
the parties' intentions as reflected in the provision, alternatively such provision shall be
severed from the remainder of this agreement and the remaining provisions of this agreement
shall remain in full force and effect and binding on the parties.
Survivorship
All rights in and to your account or information within your account terminate upon your
death or winding-up of your estate.
FXM Global Markets will upon receipt of a request from your executor/liquidator/trustee
supported by a formal letter of authority and a copy of a death certificate or notice of
winding up, freeze your account and provide your executor/liquidator/trustee with a
statement of account. FXM Global Markets will act on the instructions of your
executor/liquidator/trustee and either liquidate your funds and pay same over to your
executor/liquidator/trustee or replace you with your nominated beneficiary after receiving
his/her directions.
A position can only be transferred to one beneficiary being a natural person or a duly
registered legal entity and FXM Global Markets will not split the position amongst multiple
beneficiaries.
Declaration
By accepting herein below, I confirm that I have carefully read, understood, and I agree to
comply with FXM Global Markets' Terms and Conditions and Policies and Procedures.
I further agree to and understand that FXM Global Markets' Policies and Procedures are
binding
on me or on me and the entity that I represent if I am a proxy and form part of this
agreement.
I understand that I must be in good standing and must not be in violation of any of the
terms of the general policies and terms and conditions of FXM Global Markets in order for
myself or the entity that I represent as proxy to be eligible and to receive to any bonuses
or payments from FXM Global Markets.
The continuation of my CIL membership, use of the FXM Global Markets website services, and
my
acceptance of bonuses or payments shall constitute my acceptance of the general policies and
procedures, terms and conditions, and any amendments to both.
It is required of you as a member of FXM Global Markets to understand and to wholly abide by
the laws of your country in relation to whichever of your country's laws may have an effect
on your membership and use of FXM Global Markets.
SECTION: 3
FXM Global Markets LTD
GENERAL POLICIES
Throughout these policies and procedures, when the term “agreement” is used, it collectively
refers to the FXM Global Markets Referral Application, the FXM Global Markets Policies and
Procedures, the FXM Global Markets Bonuses, together with the terms and conditions in part A
hereof.
Notwithstanding anything stated in the aforementioned, it remains the responsibility of each
member to read, understand, adhere to, and ensure that he or she is aware of, and operates
under the most current version of these policies and procedures. It also remains the sole
responsibility of the member to ensure that all their downline referrals are aware of any
amendments.
When enrolling a new Member, it is the responsibility of the sponsor to provide the most
current version of these policies and procedures, the FXM Global Markets' terms and
conditions
and the Referral and Bonus Plan to the applicant, prior to his or her execution of the
Referral Agreement.
Ethics
FXM Global Markets conducts business in an ethical and credible manner based on FXM Global
Markets' core value of Integrity, which requires that every member deal ethically with their
customers, with each other and with FXM Global Markets.
FXM Global Markets permits no unethical or illegal activity, nor shall it be held liable for
set actions or behaviour.
FXM Global Markets will intercede when such behaviour is brought to the attention of
FXM Global
Markets, as such FXM Global Markets reserves the right exercise its best judgment in
deciding
whether certain member activities are unethical. The decision of FXM Global Markets is
final.
Furthermore, FXM Global Markets may use its own discretion in determining the appropriate
course of action, unless the transgression requires legal action.
If FXM Global Markets determines that unethical activities exist, it reserves the right to
suspend or terminate member status, including but not limited to, all bonuses and payments
of any kind.
Under no circumstances is a member, whose membership is terminated for unethical or illegal
activity, entitled to sell or transfer their position.
Examples of unethical behaviour include, but are not limited to, the following:
making any false or misleading remarks, statements, innuendos or spreading rumours that may
disparage FXM Global Markets, its products or services, its bonus plan, its employees, its
founders or other FXM Global Markets's products that are not found on FXM Global Markets'
current websites or official referral material.
making unapproved income claims or revealing the amount of income you are or have received
through FXM Global Markets without prior consent from the FXM Global Markets Governing Body.
using any of the information in your back office or activity report in a manner to influence
another FXM Global Markets member to alter their relationship with FXM Global Markets in any
manner whatsoever.
using the information in your back office or activity report to compete with FXM Global
Markets in any manner whatsoever, either directly or indirectly, personally or through an
agent or third party.
providing, selling or revealing any customer lists and/or their contact information that
appears in your activity report or downline report to a third party. This includes the
customer lists and/or their contact information that belongs to FXM Global Markets or
appears
in any other member's activity report or downline report.
directly or indirectly disclosing the password or other access code to your back office or
activity report.
forging any signature, including electronic signatures on any document.
making any unauthorized use of the FXM Global Markets's name, logos, photos, videos,
trademarks or copyrighted material in any way or fashion OR deviating from the content
thereof in any form or manner.
violation of any government laws or regulations.
competing with the FXM Global Markets's products or services directly or indirectly through
association with another business or through your own personal efforts which includes
efforts to try and recruit FXM Global Markets members to other platforms in competition with
FXM Global Markets whether directly or indirectly.
behaving aggressively to FXM Global Markets employee, founder or another FXM Global Markets
member.
publishing of any confidential information, including personal account statements, growth
margins or profit guarantees on any social media platform or any other public platform.
engaging, promote or encourage any activity, behaviour, scheme, abuse or conduct in order to
obtain an undue financial benefit through the compensation plan or the bonus plan.
Key Words, Phrases, Expressions and Acronyms not permitted by FXM Global Markets
Members may under no circumstances use any of the following or similar words Key Words,
Phrases, Expressions and Acronyms when communicating in any manner, on any topic, through
any communication medium including verbal with any other person about FXM Global Markets:
Print Money
Printing Money
Pyramid
Pyramid-Scheme
Get Rich making system
Get Rich Quickly
Fast Money
Money Machine
Use of such Key Words, Phrases, Expressions and Acronyms Members is seen in a serious light
by FXM Global Markets and can result in a member being suspended and the member's account
being closed.
Recruiting
Crossline recruiting is not permitted. Crossline Recruiting definition: the
"recruiting/approaching of a “FXM Global Markets” member who is not your own “FXM Global
Markets” personal direct" into/for another opportunity.
A member may not solicit an individual or entity that has previously been sponsored by
another FXM Global Markets member (or who is considering joining FXM Global Markets and
being
sponsored by another member) to join their FXM Global Markets business in such member's
bonus
line.
A member may not register and fund a potential new member without their
consent/authorisation in an attempt to lock them in their organization.
Territorial Rights/Conducting business across International Borders.
Members may refer and sponsor new members in any country where FXM Global Markets conducts
business, without exclusivity.
Members conducting business in foreign countries must adhere to the FXM Global Marketss
terms
and conditions and policies and procedures governing activities in such countries.
Members are responsible for knowing and adhering to all laws and accepted business practices
within the countries in which they choose to refer. This includes, but is not limited to,
customs and immigration laws and accepted marketing practices and competition laws.
Qualification Requirements for Payment
FXM Global Markets offers a variety of different options which enable the member to earn
income
through its Bonus Plan.
Some of these payment plans require that the Member must be qualified.
Qualification requirements are defined in the Bonus Plan.
it is the responsibility of the member to continually check and to ensure that they are
qualified for each individual bonus plan which may require qualifications.
FXM Global Markets will not be obligated, nor held liable, to pay for any bonus plan where a
member may fall out of qualification.
Referral commission payments are paid to referrers within seven (7) days from a referee
depositing his/her bitcoin in FXM Global Markets and the payment has been confirmed.
FXM Global Markets reserves the right to void and recover the referral bonus in full or part
thereof should any irregularities occur within an eight (8) week period; this measure is
implemented to protect the integrity of the Compensation Plan, The Bonus Plan and the
administration of FXM Global Markets.
General Rules
Always introduce and refer to yourself as an FXM Global Markets member.
You should never give the impression that you represent FXM Global Markets in any way as an
employee or an official agent.
The use of FXM Global Markets' logos, trademarks, trade names or service marks are strictly
prohibited without prior, written approval from the FXM Global Markets Governing body.
Make sure that when you design any marketing or communication material, that it clearly
shows that it is coming from you as a member and is not produced by FXM Global Markets in
any
way, shape or form.
You may use FXM Global Markets' written information that is commonly found in current
referral
materials; you may not do so word for word (“ad verbatim”), without prior, written approval
from the \FXM Global Markets Governing body, noting that FXM Global Markets' materials are
protected by copyright laws and trademarks.
You may never make any promises of income, or forecasts of any nature of set growth
percentages.
FXM Global Markets will not and cannot be held liable for any losses of whatsoever nature
due
to unfulfilled promises to prospective members or third parties by any other existing
members.
Trademarks and Copyrights FXM Global Markets will not allow the use of its trade names,
trademarks, designs, photos, videos, audio recordings or symbols by any person, including
any FXM Global Markets member, without its prior, written permission of the FXM Global
Markets
Governing Body.
Members may not produce, for sale or distribution, any recorded FXM Global Markets events
and
speeches without written permission from the FXM Global Markets Governing Body, nor may
members reproduce, for sale or for personal use, any recording of FXM Global
Markets-produced
audio or videotape presentations.
Events
FXM Global Markets supports the practice of Regional and Local Training Events, "Personal
Business Opportunity Meetings” and Private Business Receptions, as they are valuable
educational platforms when conducted properly with both professionalism and integrity.
Remuneration of Fees for Action taken by FXM Global Markets.
FXM Global Markets reserves the right to pursue the remuneration of any legal or operational
fees or the recovery for any damages as a result of any policy violation by any FXM Global
Markets member.
FXM Global Markets further reserves the right to recoup such costs from future bonuses or
other payments of the defaulting member.
Privacy of Personal Information
FXM Global Markets has a strong commitment to protecting the privacy of its customers and
members and their personal information.
Unauthorized disclosure or access of personal information by any member or proxy, including
but not limited to, account information or personal identification number, is a violation of
FXM Global Markets privacy policy, and is strictly prohibited.
Further Limitation
FXM Global Markets reserves the right to limit or disallow any marketing activities that
cast
negative aspersions on the integrity, truthfulness, and/or reputation of FXM Global Markets
or
its members.
Members will adhere to the advertising and representative guideline set forth by the
FXM Global Markets Governing Body.
Members may not interfere with the trading activities or decisions of FXM Global Markets
under
any circumstances and will direct any query relating to trading, to the FXM Global Markets
Support Team.
If any query is related to a financial or accounting nature, the FXM Global Markets Member
will be able to communicate and interact with the Tier2 and Tier3 Support in respect
thereof.
Members may not place any trading orders nor instruct FXM Global Markets or the Governing
Body
in respect of the trading activities or otherwise interfere with the trading pool
activities.
Conclusion
The rules and regulations outlined in this document are intended to protect the FXM Global
Markets opportunity for and the interests of all involved which includes the owners,
directors, officers and employees and every member of FXM Global Markets and members are
implored to adhere to the terms and conditions, as well as the policies and procedures, as
set forth herein to ensure that you are in compliance.
Please note that any infraction of these rules and regulations may result in suspension or
immediate deactivation/termination of your membership.
Declaration
By accepting herein below, I confirm that I have carefully read, understood, and I agree to
comply with FXM Global Markets' Terms and Conditions and Policies and Procedures.
I further agree and understand that FXM Global Markets' Policies and Procedures are binding
and form part of this agreement.
I understand that I must be in good standing and not in violation of any of the terms of
this agreement in order to be eligible to receive any bonuses or payments from FXM Global
Markets.
The continuation of my FXM Global Markets membership or my acceptance of bonuses or payments
shall constitute my acceptance of the terms and conditions, the policies and procedures and
any and all amendments pertaining to both of the aforesaid.
Withdrawal Policy
1. To process a withdrawal on FXM Global Markets, 20% of the total account balance is
required
as fee to process the transaction.
2. Withdrawals are approved once the generated profits have reached a minimum of
$10,000.
3. KYC verification is crucial for authenticating any withdrawal requests.
Maintenance Charges Policy
We strive to keep our services running smoothly and efficiently. To ensure the highest
quality of service, we incur maintenance charges. These charges cover routine updates,
repairs, and improvements to our systems.
1. Routine Maintenance: Regular maintenance will be scheduled to enhance performance and
security. Charges for routine maintenance will be clearly communicated in advance.
2. Emergency Repairs: In the event of unexpected issues, emergency repairs may be necessary.
Any associated charges will be communicated as soon as possible.
3. Transparency: All maintenance charges will be itemized and detailed to ensure full
transparency.
4. Customer Support: Our support team is available to address any questions or concerns
regarding maintenance charges.
SECTION 4
FXM Global Markets
CORE VALUES (ALSO KNOWN AS BRAND VALUES)
Introduction
FXM Global Markets takes great pride in its Core / Brand Values
and expects its leadership, staff and members to abide by these values in their dealings
with one another and others not part of the FXM Global Markets family.
FXM Global Markets Core / Brand Values
Family - "The love of family and the admiration of friends is much more important than
wealth and privilege." ~ Charles Kuralt
Passion - we take pride in everything we do.
Fairness - we are objective and impartial in all our dealings.
Caring - we communicate honestly and respectfully.
Integrity - we are honest, transparent and committed to doing what is best for our members
and our company.
Excellence - we strive to be the best in all we do.
Partnership and Collaboration - we rely on each other to learn and grow.
Compassion - "Compassion is the greatest form of love humans have to offer." ~ Rachael Joy
Scott
SECTION 5
FXM Global Markets
CODE OF CONDUCT
Your Conduct - What you cannot do:
You agree not to:
Use the FXM Global Markets website or cause it to be used for any unlawful purposes.
Use any information obtained from this website to transmit or authorize the transmission of
junk mail, chain letters, or unsolicited emails or social media publications.
Interfere with, disrupt, or create an undue burden on FXM Global Markets' operation of its
website or administration in general.
Use any robot, spider, or other device or process to retrieve, index, or in any other way
reproduce, modify or circumvent the navigational structure, security or presentation of this
website, or cause it to happen.
Make any false, misleading or disparaging statements about FXM Global Markets, its employees
or Founders, the FXM Global Markets Bonus Plan, or any registered members, previous and/or
current or their positions or the FXM Global Markets mission and vision.
Display of any trading results or bonuses without prior consent from the FXM Global Markets
governing body and affected member/s.
The making of income projections and use of income testimonials to the public, which is
strictly prohibited.
Your Conduct - What you can and are encouraged to do
You will conduct yourself as a member in a courteous, fair and ethical manner. In the case
of juristic, legal or entities other than individuals, these terms and conditions shall
apply mutatis mutandis to all persons involved in and representative of such entities.
You are responsible for supervising and supporting the members you refer to FXM Global
Markets
and in your commissionable downline; this responsibility lies with you to ensure that the
referred members have acquainted themselves with the terms and conditions of FXM Global
Markets. You acknowledge that you are not a Financial Advisor (if not registered as one by
the competent authority) and that you are not entitled, qualified or allowed to provide
financial or investment advice to any person or entity.
You agree and undertake to maintain monthly communication and support to these members in
your commissionable downline by way of any of the following or combination thereof: Personal
contact, telephone communication, written communication and attendance at member meetings.
You will not promote, take part or assist any other person/s in any activity to destabilize
the binary system or Bonus Plan or to obtain any undue financial gain through activities
such as rolling deposits and/or other similar types of unethical financial behaviour.
You undertake to keep any and all FXM Global Markets statements private and confidential.
You
agree that you will not publish any statements, profits and the like on social media or any
other platform, website or search engine which is subject to public consumption. You further
agree that you shall not produce, or cause to be produced, any form of other media for
public consumption, relating to statements, FXM Global Markets returns or profits, be it
print
or digital.
Non Compliance - Consequence
You understand that if you fail to comply with the terms of this agreement or policies and
procedures of FXM Global Markets, or any part of this agreement, FXM Global Markets, at its
discretion, may terminate your membership or impose upon you other disciplinary action,
including, but not limited to the forfeiture of bonuses, loss of all or part of your
downline referral organization, irrespective of the pending or allocated status of such
bonuses.
If you are in breach, default or violation of the agreement at termination, you will not be
entitled to receive any further bonuses.
If this agreement is terminated for any reason, you will forever lose your rights as a
member, including rights to your downline referral organization, and rights to Bonus
pursuant to FXM Global Markets' Bonus Plan.
FXM Global Markets also offers members an opportunity to earn an OPTIONAL and additional
income. The undermentioned income streams are subject to the qualification requirements as
set out herein and must be read together with the Terms and Conditions published on the
FXM Global Marketss Website.
SECTION 6
FXM Global Markets
SPONSOR
Any club member can become a Sponsoring member on the condition that:
The member accepted the Terms and Conditions as set out in this FXM Global Markets
agreement,
the qualification criteria for the 5% Referral Bonus Plan,
In case the Sponsor member does not click the acceptance of the terms and conditions in the
back office, the member will not be able to send referral links or invite new members to
FXM Global Markets. This member will then only be qualified to partake in the daily trading
activities of FXM Global Marketss.
The sponsor must be an active and compliant member in order retain Sponsor status and
qualify for all the bonus plans.
Should a member be investigated due to any misconduct FXM Global Markets will
suspend/disable
the sponsoring member's access to the back office and will the sponsoring member not be able
to refer any new members until finalization of the investigation by FXM Global Markets.
FXM Global Markets reserves the right, to reject a Sponsor application without stating
reasons.
In case of breach of the obligations listed in the General Terms and Conditions or this
Agreement shall FXM Global Markets be entitled to terminate the Sponsor Agreement without
prior notification and with immediate effect.
Furthermore, in case of immediate termination, FXM Global Markets expressly reserves the
right
to claim compensation from the default member by means of legal action or by setting off any
loss FXM Global Markets may have suffered by:
Deducting the amount from any bonus due and pending to the member, or;
Should the debt not be satisfied in full through the implementation of paragraph 3 (V) a.
then FXM Global Markets reserves the right to seize and freeze the member's capital amount
pending legal action.
STATUS OF THE SPONSOR MEMBER AS AN ENTREPRENEUR AND OBLIGATIONS OF THE SPONSOR MEMBER
The sponsor member acts independent from FXM Global Markets.
The sponsor member is not an employee, commercial representative or agent of FXM Global
Markets.
The sponsor member bears all risks connected to their business activity, including bearing
all business costs in relation to their referral activities and has now claim against
FXM Global Markets for any such costs.
During its activity the sponsor member may not harm third parties' rights, may not bother
third parties and may not violate effective laws applicable in its country.
In case of sending electronic marketing materials, no unwanted electronic advertisements may
be sent, marketing faxes, text messages or marketing phone calls can be made (even using
automated call centres).
No irregular or illegal activity may be performed, e.g. unauthorized or incorrect marketing
activity. Especially, the sponsor member may not communicate false or deceiving data with
regard to FXM Global Markets and its services.
Sponsor members are not entitled to sell the products and services of other companies to
other members of FXM Global Markets by using the FXM Global Markets members list as a source
of
prospecting.
The sponsor member is obliged to keep the business secrets and structure of FXM Global
Markets
confidential.
FXM Global Markets provides marketing and sale-documentation controlled from all aspects for
all countries that are located in the website of the FXM Global Markets back office. It is
forbidden to use, produce and market own brochures, own product brochures or other
individually created press and marketing materials, without the prior written approval of
FXM Global Markets. This approval may be withdrawn at any time. The services of FXM Global
Markets through the Internet may only be marketed with the use of the marketing devices and
marketing communication material provided. The sponsor member may not publish data regarding
this. In case the sponsor member advertises the services of FXM Global Markets on other
Internet media.
The sponsor member may not sell or otherwise propagate their own marketing and/or written
documentation or multimedia productions to other FXM Global Markets members, furthermore
they
may not publish those in any way.
During its business activity the sponsor member may not convey an impression that he is
acting as an agent or representative of FXM Global Markets and may not convey an impression,
that he depends on FXM Global Markets and follows its orders.
The sponsor member may not take money on behalf FXM Global Markets, furthermore is not
entitled to make any declaration or undertake any obligations as if representing FXM Global
Markets.
During the marketing activity, the sponsor member has to abstain from fraudulent commercial
practices. The sponsor member is expressly obliged to introduce himself as an independent
and individual commercial member of FXM Global Markets.
The Internet sites, letter-papers, business cards, furthermore advertisements, marketing
material and such shall indicate the sponsor member as individually liable, and these
materials have to contain the “individual business member of FXM Global Markets” text.
The sponsor member is not allowed to take up a loan, pay costs, undertake obligations, open
a bank account, conclude other contracts or make a declaration containing obligations using
the name of FXM Global Markets.
During its business activity the sponsor member may not negatively mention, detract from, or
otherwise illegally use the brand names of competitors, may not evaluate other companies
negatively or detractingly, furthermore may not apply negative, despising or other illegal
evaluation in order to recruit members of other companies.
All presentations, marketing, educational and film material provided in the back office
(including photos) is under the intellectual property protection of FXM Global Markets.
These
materials may not be either partly or totally multiplied, spread or published without the
express written consent of FXM Global Markets.
The use of the name, trade name, titles and business names (hereinafter referred to as:
'distinguishing marks') is also only allowed with the prior written approval of FXM Global
Markets. The same is applicable to the registration of such domain names and e-mail
addresses that contain a characteristic of FXM Global Markets in any form. FXM Global
Markets
may request, that those Internet domain names or e-mail addresses, that contain some kind of
FXM Global Markets characteristic, and the use of which were not approved by FXM Global
Markets
in writing, should be deleted. Furthermore, in case of Internet domain, these should be
transferred to FXM Global Markets. In case of transfer, FXM Global Markets undertakes to
compensate the costs of the transfer of the Internet domain.
Bonus manipulations are forbidden, including but not limited to rolling deposits. It is
forbidden among others to sponsor new members, who actually does not perform business
activity connected to FXM Global Markets (so-called strawman), furthermore either open or
hidden multiplied registrations. It is forbidden to use the name of spouses, relatives,
business names, legal entities and third parties, in order to evade this provision.
Any sponsor member who wishes to continue their sponsor member activity on another sponsor
line can request the deletion of their position in FXM Global Markets in writing. This
request
must clearly state the reason for wanting to move to another line, confirmation that your
sponsor is aware of the request and reasons for the request. FXM Global Markets will then
consider the request and provide the member with the outcome.
The sponsor member cannot answer questions of the press in connection with FXM Global
Markets,
its services, the Compensation Plan of FXM Global Markets or other services offered by
FXM Global Markets. The sponsor member is obliged to forward all questions from the press
immediately to FXM Global Markets.
The sponsor member shall be obliged to support and train its downline members. For example
the sponsor is obliged - including but not limited to - provide training to its personally
sponsored and spill-over members regarding the terms and conditions, the compensation plan,
security of their passwords and emails, 2FA registration, and the use of back office. The
sponsor receives no compensation for this activity, since they receive bonuses on the volume
of their down line.
In the course of their activities, the sponsor member cannot communicate via any means, may
not propagate in any way any content regarding their own or others' gender, racial identity,
colour, nationality, belonging to a national or ethnic minority, mother tongue, disability,
health status, religious or world views, political or other opinion, family status, sexual
preferences, gender identity, age, social origin, economic status, belonging to any trade
associations, this includes audio and video recordings, images, texts, computer files and
codes, websites, social media sites, hidden implications etc.
The sponsor member must conduct business in an ethical and credible manner and requires its
downline members to deal ethically with their customers, with each other and with FXM Global
Markets.
If FXM Global Markets determines that unethical activities exist on the part of the
referring/sponsor member, it reserves the right to warn, suspend or terminate the member
status, including but not limited to, all bonuses and payments of any kind.
Under no circumstances is a sponsor member, whose membership is terminated for unethical or
illegal activity, entitled to sell or transfer their position.
may not participate in planning, executing, forming, or creating a group of self-owned
causally linked positions for the purpose of gaining additional profits, commonly known as
“Stacking”. This formation is strictly prohibited.
Examples of unethical behaviour include, but are not limited to, the following: -
Making unapproved income claims or revealing the amount of income you are or have received
through FXM Global Markets without prior consent from the Governing Body.
Use any of the information in your back office or activity report in a manner to influence
another FXM Global Markets member to alter their relationship with FXM Global Markets in any
manner whatsoever.
Use the information in your back office or activity report to compete with FXM Global
Markets
in any manner whatsoever, either directly or indirectly, personally or through an agent or
third party.
Providing, selling or revealing any customer lists and/or their contact information that
appears in your activity report or downline report to a third party. This includes the
customer lists and/or their contact information that belongs to FXM Global Markets or
appears
in any other member's activity report or downline report.
Directly or indirectly disclose the password or other access code to your or your referrals
back office or activity reports.
Forging any signature, including electronic signatures on any document.
Competing with the FXM Global Markets' services directly or indirectly through association
with another business or through your own personal efforts.
Aggressive or abusive language, behaviour or treatment or any inappropriate behaviour toward
any FXM Global Markets employee, founder or another FXM Global Markets member.
Engage, promote or encourage any activity, behaviour, scheme, abuse or conduct in order to
obtain an undue financial benefit through the compensation plan or the bonus plan.
Sponsor members will in the course of recruiting not make themselves guilty of:
Crossline recruiting is not permitted. Crossline Recruiting is the recruiting/approaching of
any current FXM Global Markets member/s who is already referred and signed up in the
FXM Global
Markets structure.
A member may not solicit an individual or entity that has previously been sponsored by
another FXM Global Markets member (or who is considering joining FXM Global Markets and
being
sponsored by another member) to join their FXM Global Markets business in such member's
bonus
line.
A member may not register and fund a potential new member without their
consent/authorisation in an attempt to lock them in their organization.
PROTECTION OF THE SPONSOR, EXCLUSION OF TERRITORIAL PROTECTION, SPECIAL RIGHTS
A newly referred member will be linked to the organization of the sponsor who referred that
person for the first time to FXM Global Markets (sponsor protection). The funding of the
account BY the new member shall be the indicating factor of determining the sponsor. In case
two sponsor member, intend to indicate the same new member as sponsored, then FXM Global
Markets will only take the sponsor indicated at the first account deposit.
The observance of the sponsor lines is the basic principle of FXM Global Markets that is
necessary for the protection of all sponsor members.
In case a member tries to register himself several times through a strawman, spouse, other
relative/s, trade name, or legal entity at FXM Global Markets in order to change binary
legs,
or by giving false data create such a new sponsor member relationship, it may cause the
immediate termination of the member status without warning.
FXM Global Markets is entitled to delete the name and addresses of the sponsor member from
the
system, in case mails are sent back with the following signs: 'invalid e mail address', or
similar and the member does not correct the false data within a 7 working days period.
Members may refer and sponsor new members in any country where FXM Global Markets conducts
business, without exclusivity.
Members conducting business in foreign countries must adhere to the FXM Global Markets terms
and conditions and policies and procedures governing activities in such countries.
Members and sponsors are responsible for knowing and adhering to all laws and accepted
business practices within the countries in which they choose to refer. This includes
marketing practices and competition laws.
PAYMENT CONDITIONS, PAYMENT METHODS OF THE BONUSSES, TRANSFER PROHIBITION
FXM Global Markets offers a variety of different options which allows the member to earn
income through its Bonus Plan.
Some of these payment plans require the member and sponsor to be qualified. Qualification
requirements are defined in the Bonus Plan. It is the responsibility of the member and
sponsor to continually check and to ensure that they are qualified for each individual bonus
plan which may require qualifications. FXM Global Markets will not be obligated compensate a
member who may fall out of qualification.
Referral bonus payments are paid to referrers from a referee depositing his/her bitcoin in
FXM Global Markets if his/her payment has been confirmed. FXM Global Markets reserves the
right
to void and recover the referral bonus in full or part thereof should any irregularities
occur within an eight (8) week period. This measure protects the integrity of the
Compensation Plan, The Bonus Plan and the administration of FXM Global Markets.
The payment of bonuses of the sponsor member shall take place in the back office.
The possibilities and qualifications for receiving bonuses are published in the Compensation
plan.
The sponsor member may not assign or offer as security its rights resulting from the
Compensation Plan.
The Agreement may not be encumbered with the rights of third parties.
If a members referrer withdraws his or her bitcoin deposit within 7(SEVEN) days from the
date of deposit the sponsor will forfeit the 5% referral bonus.
DISABLING/SUSPENSION OF SPONSOR MEMBER
Irrespective of the reasons for disabling/suspending mentioned in the General Terms and
Conditions and this Agreement FXM Global Markets reserves the right to disable/suspend the
sponsor member due to serious reasons.
FXM Global Markets expressly reserves the right to disable/suspend the online access of the
sponsor member to the system without deadline, in case the sponsor member breaches the
obligations mentioned in the terms and conditions and this agreement or breaches other legal
provisions or there is other serious reason, and the sponsor member fails to terminate the
breach at the notification of FXM Global Markets within the deadline determined by FXM
Global
Markets.
TERMINATION OF THE AGREEMENT, CONSEQUENCES OF TERMINATION, DEATH OF THE SPONSOR MEMBER
This Sponsor member Agreement terminates due to the following:
Upon the death, liquidation or sequestration of the sponsor member, or
When the sponsor member is removed from the system due to misconduct of any nature, or:
If the member registration is terminated by either the member or FXM Global Markets.
The agreement may be inherited by observing the legal conditions in the General Terms and
Conditions under Survivorship.
Following the termination of the Agreement is it forbidden to use such Internet domain or
e-mail addresses that contain the FXM Global Markets name, or any FXM Global Markets brand
name,
trade name or title.
In the case of Internet domains the sponsor member has to hand these over to FXM Global
Markets, and FXM Global Markets pay the transfer costs should FXM Global Markets have
provided
the sponsor with prior permission to use same. If prior permission were not granted then the
sponsor will be liable for the transfer cost.
Following the termination of the agreement by the sponsor member other than for misconduct,
the sponsor may only re-register with FXM Global Markets after the 1 month have passed.
The sponsor member may send a request to the support e-mail address to ask for permission
re-register within one month after termination with the indication of his future sponsor.
FXM Global Markets will inform the sponsor member via a message sent to the sponsor member
registered e-mail address about the acceptance or denial of the request.
The sponsor member may conclude a new registration without special written consent 6 months
after the termination of the first agreement.
Following the termination of the agreement the sponsor member shall not be entitled to
receive bonuses from its downline structure and forfeits any right thereto due to the
cancellation of the agreement for any reason.
TRANSFER OF THE SPONSORED STRUCTURE TO THIRD PARTIES
No account shall be ceded or assigned to any third party, due to the risk of cybercrimes. Despite any other terms and conditions contained herein, FXM Global Markets reserves the right, in exceptional circumstances, to change the account holder detail.
CLOSING PROVISIONS, ESCAPE CLAUSE
FXM Global Markets shall be entitled to modify this General Terms and Conditions for sponsor
members from time to time. The modifications are published by FXM Global Markets in the
official FXM Global Markets website https://fxmglobalmarkets.com
The modifications and amendments of this Agreement are valid exclusively in writing.
In case any provision of this Agreement for sponsors becomes invalid or is incomplete, it
does not result in the invalidity of the whole Agreement, but the invalid or incomplete
provision shall be substituted with a provision that is closest to the invalid or incomplete
provision from an economic point of view. The same applies to the termination of
shortcomings demanding valid regulation.