Partner Registration

THIS terms of service Agreement (the "Agreement"), is made and entered, by and between

Instant Web-Net Technologies Limited, incorporated in the Federal Republic of Nigeria with its registered office at Block 1A Plot 8, Diamond Estate, Isheri Olofin, Lagos, ("IWNTL")

and

Any person ("The Client"), who has visited https://7bforex.ng ("The Website") for the purpose of using any of the services provided by IWNTL through The Website.

WHEREAS IWNTL provides account opening, deposit assistance, withdrawal assistance and client support services to clients of 7B Forex Limited, resident in Nigeria

WHEREAS The Client identifies as a Client of 7B Forex Limited having entered into The Client Agreement and having agreed to The Privacy Policy of 7B Forex Limited; and

WHEREAS The Client desires to from to time, use the services provided by IWNTL through The Website.

NOW THEREFORE, the parties agree as follows:

1. IWNTL
   1. IWNTL provides account opening, deposit assistance, withdrawal assistance and client support services to clients of 7B Forex Limited, resident in Nigeria.
   2. IWNTL is an Introducing Broker / Partner of 7B Forex Limited.
   3. IWNTL is not a financial or investment institution and does not provide brokerage, dealing or investment services.
   4. Brokerage services available through The Website are solely provided by 7B Forex Limited, registered with the FSC in Saint Vincent and the Grenadines.
   5. IWNTL does not offer any accounting, legal or investment advice.
2. THE CLIENT
   1. To qualify to use any of the services provided by IWNTL on The Website, The Client is deemed to be a legitimate client of 7B Forex Limited.
   2. The Client must be a resident of Nigeria.
   3. The Client is fully aware of the risks involved in trading forex and indemnifies IWNTL from all losses, financial or otherwise, that may arise from use of the7B Forex platform.
   4. The Client has read and agreed to all the terms and agreement guiding the opening and operation of a 7B Forex trading account.
   5. By creating a profile on The Website and using any of the services provided, The Client agrees to be bound fully by the entire provisions of the Agreement.
3. GENERAL TERMS OF USE
   1. Deposit orders will be processed and completed within five minutes to 24 hours during normal work hours.
   2. Withdrawal orders will be processed and completed within five minutes to 72 hours during normal work hours.
   3. Normal work hours will be 9am to 5pm, Monday to Friday.
   4. During weekends and public holidays, deposit and withdrawal orders may still be processed but may be considerably slower that during normal work hours.
   5. The Client shall only use the deposit and withdrawal services provided by The Website for the legitimate purpose of making deposit and withdrawal to or from The Client’s legitimate 7B Forex trading accounts.
   6. Third party transactions are not allowed.
   7. The Client shall not use any of the services provided by IWNTL for any illegal, fraudulent or malicious purpose including money laundering, internet scam, advance fee fraud and any other unauthorized purpose.
   8. Any illegal, fraudulent or malicious use of The Website or any information in possession of The Client obtained in the course of using The Website, by The Client shall be reported to the appropriate law enforcement agents and prosecuted to the full extent of the law.
   9. The Client may terminate his use of The Website at any time.
   10. IWNTL reserves the right to request for additional documentation as it may deem fit, from the Client before an order is completed.
   11. IWNTL may refuse use of The Website to The Client at any time, with or without notice or explanation.
   12. The Agreement shall be subject to the laws of the Federal Republic of Nigeria.
   13. IWNTL reserves the right to make amendments to The Agreement at any time, without notice to The Client and it shall become binding to The Client immediately it is posted on The Website.

General Provisions

This agreement is made between 7B Forex Limited, Reg Number IBC24499 with registered address at Suite 305, Griffith Corporate Centre, St. Vincent and the Grenadines. (hereinafter — the Company), any individual, entity or company (hereinafter — the Partner) who fills out the partner registration form on any or all of the listed websites https://7Bforex.com, https://7Bforex.ng (hereinafter — the Website) for the opportunity to use services of the Website according to the terms and conditions of this agreement (hereinafter — the Agreement).

The Partner accepts the Agreement by registering and creating an account on the Website. Acceptance of the Agreement implies full unconditional acceptance of the conditions of the Agreement by the Partner. In the event of any conflict between the English version of this Agreement and the texts in other languages, the English version shall prevail.

The Partner unconditionally acknowledges that all Customers attracted are the Company's Customers.

Terminology

For the purpose of this agreement, the following terms shall be interpreted as follows:

Trader: Shall mean any person, individual or company who has been introduced by a partner and has opened an account and verified it.

Active Trader: Shall mean any trader who has opened and closed a position within a specific period.

Inactive Trader: Shall mean any trader who has not opened and closed a position within a specific period.

Partner: Shall mean an individual or company, acting in the course of business and engaged in advertising and marketing activities (promotion of the 7bforex brand, use of 7bforex sites as a portal for displaying promotional and advertising content, hosting of marketing material and direction of web-traffic to 7bforex site. The partner refers and attracts clients to enter brokerage service contracts with the Company.

Partner Cabinet: Shall mean the secure interface on 7bforex’s Partnership website where all partners login to view all their data, get partner links, view statistics, access promotion tools, and withdraw commissions earned.

Partner Link: Shall mean the unique link and/or personalized ID which is used to identify partner activities and to introduce traders.

1. Registration of the Partner and collection of the Partner's data
   1. By registering on the Website, the Partner agrees to the processing of their personal data in accordance with the Privacy Policy. This processing is carried out for the purpose of providing services under the Agreement, as well as for the ease of use of the Partner Cabinet, prompt communication with the Partner, protection of the Partners's funds and prevention of fraud. This consent is valid for an unlimited period of time and can be withdrawn by sending a respective request to support@7bforex.com
      The process of collecting Partner's personal data by the Company consists of collecting information about the Partner's name, surname, phone number, physical address and e-mail address, as well as collecting the data from cookies to gather statistics on the Partner's interactions with the Website. All personal data provided to the Company by the Partner is considered confidential and can be disclosed to third parties only with the consent of the Partner.
   2. The Partner registration procedure consists of two stages:
      - The procedure of Partner registration on the Website of the Company;
      - The procedure of verifying identity and the information specified during registration.
   3. Partner registration procedure is mandatory for the Company's Partners.
   4. To complete the Partner's registration on the Company's Website, it is necessary to perform the following steps:
      - enter personal and contact details;
      - accept the terms of this Agreement and its annexes.
   5. The procedure of identity and data verification is done by the Company to verify the correctness and completeness of the information specified by the Partner during registration. To perform this procedure, the Company has the right to demand documents to prove or verify the following to be provided by the Partner:
      - Identity, photograph image, phone, email address, signature and address verification.
      
      In addition, the Company is entitled to demand copies of recent utility bills, bank statements, signatures, Passport photographs, International ID cards, scanned copies of bank cards, as well as any other document if the documents above are not sufficient to fully identify the Partner and/or the personal data provided by the Partner.
   6. The procedure of identity and data verification is completed within 1(one) business day(s) of the date the Company requires the Partner’s identity be verified. In some cases, this may be increased at the Company’s discretion to a period deemed reasonable and necessary by the Company.
   7. In suspicious cases, the Company’s compliance Team reserves the right to restrict ALL transactions and activities on the Partners cabinet until the investigation is over.
   8. The Company is entitled to request from the Partner electronic copies of documents to verify identity and other data provided by the Partner when registering. In these cases, the company requests the Partner to provide the information, and the Partner is obliged to provide an electronic copy of the document (the Company can request a copy in English certified by a notary). If the Partner does not provide their personal information (including documents confirming the necessary information), the Company may suspend the Partner’s cabinet until the Partner provides the requested information. If the requested information is not provided to the Company, then the suspended account may be blocked permanently.
   9. The Company is entitled to conduct a video conference (where necessary) with the Partner to confirm the Partner's identity and authenticity of the documents provided by the Partner.
   10. The Partner acknowledges the right of the Company to use their personal information to fulfill the requirements of the legislation on combating money laundering and illegally obtained income.
   11. Responsibility for the provision of authentic copies of the documents lies with the Partner. In the case of forged documents, the Partner will be prosecuted according to the laws of the country issuing the document.
   12. By confirming the registration, the Partner agrees to receive information from the Company, including advertising messages sent to the email address specified by the Partner, and phone calls and SMS to the phone number specified by the Partner. If the Partner does not wish to receive such messages, they may at any time cancel their subscription by clicking the link in their email, as well as by contacting the Company’s Support team. The Company will promptly respond to the Partner’s request for the cancellation of subscriptions to all types of messages (except for transaction notifications), as well as the refusal to receive calls or SMS on the phone.
2. The procedure for mutual settlement
   1. The Company shall pay the Partner from commissions made on all trades placed by Client referred by the Partner, regardless of whether trade gained any profit or not. A commission is credited to the affiliate account immediately after a referred client closes a trade.
3. Affiliate commission amount
   1. The Company shall pay the Partner 40% of the commissions made on every trade on FX Majors, FX Crosses, Exotics, Gold, Silver, and Energy.
   2. The Company will not pay the partner any from commissions on trades made on Welcome bonus accounts.
   3. The Company will not pay the partner any commissions from trades made on Contest or Promo accounts.
4. Company’s rights and obligations
   1. The Company is obliged to open trading accounts for clients referred by the Partner pursuant to the Terms of Agreement.
   2. The Company shall enable clients to conduct trading operations in the system by providing clients with logins and passwords.
   3. The Company is obliged to maintain a comprehensive record of all operations made by clients.
   4. The Company has a right to request the Partner to provide a full report on the course and results of the clients attraction campaigns.
   5. The Company has a right to exclude a client’s account from the Partner group if the terms are violated.
   6. In the event that the Partner fails to perform any obligations under the present Agreement, the Company has a right to exclude clients from his affiliate group.
   7. The Company has a right to inform clients of the affiliate group about commissions received by the Partner from trading operations conducted by them on international financial markets pursuant to the present Agreement.
   8. In the event that the Partner breaches or fails to perform any obligations under the present Agreement, the Company shall be entitled to terminate the present Agreement at its sole discretion.
   9. The Company has a right to perform other actions stipulated in the present Agreement and its Appendices.
5. Partner’s work principles and Client attraction
   1. The Partner has a right to create a website relevant to the Company’s activities containing information about the providing brokerage, and dealer services.
   2. A client is registered and referred to the affiliate group by clicking on an affiliate link to the Company’s official website.
   3. A client may choose to decline the Partner’s services and opt for being serviced by the Company.
   4. Partner shall not be entitled to get affiliate commissions from his own accounts and those owned by his close relatives if the Partner is an individual; as well as from private accounts of founders or accounts of their close relatives if the Partner is a legal entity.
   5. The Partner is prohibited to use unfair methods of attracting clients including but not limited to using any form of force to redirect users to the websites of the Company and registering them in the affiliate group.
6. Termination of this agreement
   1. This Agreement becomes legally binding at the time of the Partner's registration on the Website or the Company's approved representatives.
   2. This Agreement shall be terminated in the event that all the following conditions are met:
      - After receiving a request to do so by the Company and/or the Partner;
      - After the Company's complete fulfillment of its financial obligations to the Partner;
      If the Partner violates the conditions that are indicated in this Agreement, the Company, in such cases, may terminate the Agreement on their own initiative without prior notice.
   3. The Company has the right to unilaterally, without explanation, terminate the contract with the Partner. However, the Company undertakes to comply with its financial obligations to the Partner at the time of termination of the contract.
   4. In the event that the Company decides to terminate its own activity regulated by this Agreement, the Company shall do the following: - Notify the Partner prior to the termination of such activity;
   5. The Company fulfills its financial obligations to Partners, including upon termination of the Partner Agreement.

Protection and security of all the stored financial and personal information of 7B Forex clients and website visitors is the company's top priority. The rules below (hereinafter — the "Rules") describe how 7B Forex Limited (hereinafter — the "Company") collects, uses, stores and protects the personal information of its clients. By creating an account at any or all of the Company's websites, https://7Bforex.com, https://7Bforex.ng (hereinafter — the "Website") or by leaving your personal information in the feedback form of the Website, you (hereinafter — the "Client") give your consent to the processing of your personal information in accordance with this Privacy Policy, and also give your consent to receive information and advertising messages from the Company

Collection of personal information:

When the Client uses the feedback form of the Website or opens a real or demo account, the Company collects all the information necessary for transferring, storing and protecting the client's funds and assets, and for providing the Client with necessary services, via the Website server. Personal data collected by the Company includes:

1. The data required for efficient communication with the Client (name and surname, e- mail address, phone number);
2. The data necessary to verify the identity of the Client in order to prevent fraud and enforce anti-money laundering rules (passport information, ID cards). The Company has the right to request the above documents in English and/or notarized. If the account was replenished with the Client's bank card, it may be necessary to provide information from the front side of the bank card, namely: the first 6 and the last 4 digits of the card number, the Name and Surname of the cardholder, the expiration date of the card. The Client takes personal responsibility to provide correct, accurate and updated information about themselves, as well as the obligation not to use personal data of other people or information of entities. The Client must immediately inform the Company of any changes in the data used to verify their identity;
3. The data on all activities and operations on the client's account, required in order to protect the Client's funds.
4. The indirectly collected data, which include IP (Client's Internet Protocol address), browser type, ISP (Internet service provider), transaction history and timestamps, in order to ensure the ease of use of the platform.

The Company may also collect information recorded by its web server (for instance, the interface language, browser type, time of last visit), to analyze the operation of the platform, provide the Client with the most suitable products and services, and block access to the Website for scammers.

Activities that involve usage of the personal information

The Company uses the personal data of its Clients in order to provide services in accordance with the Client agreement, including:

1. processing trading and non-trading operations;
2. maintaining efficient communication with the Client;
3. preventing money laundering;
4. protecting the Client's funds;
5. enforcing the rules for combating money laundering;
6. informing the Client about the services and products of the Company that may be of interest to him by e-mail, skype, whatsapp or other communication channels;
7. storing the database of the Client's account;
8. conducting analysis of statistical data to provide the Client with the most suitable products and services and to ensure ease of use of the platform.

Сookie-files

The Company collects all the non-personally identifiable information that becomes available when the client uses the Website.

The Company uses cookie-files to provide the operation of the specific functions of the Website. Cookie-file is a text files that is stored in the client's computer when they enter the Website. This file allows the client to use the Website in future without entering the information again and allows the Company to identify the client when he returns to the Web Site.

Cookie-files used by the Company do not contain any sensitive or personal information. However, if the client decides to delete cookie-files he may lose the access to certain options or functions of the Website.

Data transfer to third parties

The Client gives his consent to the transfer of personal data to the following parties:

1. employees of the Company, for processing in cases where such information is necessary for the provision of services;
2. a third party that provides services related to the operation of the Website (on behalf of the Company or for the Company);
3. auditors and their assistants conducting audit of the Company's activities;
4. potential buyers and investors of the Company.

The Company shall ensure the confidentiality of the Client's information which was disclosed to third parties in accordance with the established rules. The Company does not disclose its Clients' information to third parties that are unable to ensure protection of such information.

By registering an account on the Website or leaving their personal data in the feedback form of the Website, the Client agrees to the cross-border transfer of personal data.

Technical protection of personal data

In order to ensure security of all personal data of its clients, the Company has implemented rules and technical measures of information protection. The Company uses the server certificate and SSL (Secure Sockets Layer), the standard security technology for encrypting transmitted messages. The Company does not store its clients' bank cards data.

Passwords

The login and password used by the Client to access the Website are considered his private property. The Company is not responsible for the use of such data, nor does it monitor how the client manages his account using this data. The client, in turn, is obliged to immediately inform the support about any unauthorized or suspicious activities that involve the use of their personal account.

Links to other websites and services

The Company's Website does not contain links to websites that are not controlled by the Company. The Company does not hold any responsibility for unaffiliated websites that post links to its resources.

Protection of underage users

Company's Website is an open public resource, but is not intended for children. If it becomes known to the Company that a minor has submitted or attempted to submit personal information to register on the Website as a client, the Company can remove records of such information from the server.

Changes in Rules

The Company reserves the right to make changes to the Rules. The information on such changes will be posted on the Website.

Duration of consent

The Client's consent to the processing of their personal data is valid for an unlimited period.

Contacts

In order to obtain information regarding the processing of the Client's personal data, make enquiries about the list of the personal data or withdraw their consent to the processing of the personal data, the Client should send an e-mail to support@7Bforex.com. If the Client withdraws their consent to the processing of personal data, they can no longer use the platform. The Client's account will be blocked, and the funds will be available for withdrawal.