TERMS OF SERVICE
Last Updated January 1st 2022
Fractal Equities Limited
ADVICE DISCLAIMER!!!
Fractal Equities 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 Fractal Equities, hereby agree that by accessing and registering on the Fractal Equities website and/or by the act of using any Fractal Equities services that they have read, understand and agreed to and will abide by the terms of this Advice Disclaimer.
Nature of Our Business
Fractal Equities is an internet based investment service provider which performs its business through the website Fractal Equities and its official office in USA.
Fractal Equities 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 Fractal Equities Terms and Conditions and per the Fractal Equities General Policies and per the Fractal Equities Advice Disclaimer, Fractal Equities does not guarantee or warrant any returns or specific growth, rates or outcomes.
Fractal Equities members and proxy members utilise the services of Fractal Equities and any related services entirely at their own risk, without any liability to Fractal Equities
SECTION 2
Fractal Equities LIMITED
GENERAL TERMS AND CONDITIONS
Introduction
This document covers the full set of terms and conditions at Fractal Equities 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 Fractal Equities the website and/or makes use of any Fractal Equities 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 Fractal Equities Limited Limited.
By yourself accessing and using the Fractal Equities website and/or yourself making use of any services offered by Fractal Equities, 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 Fractal Equities 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 Fractal Equities Bonus Plan for the additional Referrals Option.
To make use of Fractal Equities 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 Fractal Equities 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 Fractal Equities 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 Fractal Equities 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 Fractal Equities 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 Fractal Equities in order to provide him/her with full access to his/her account by submitting the necessary proof as required by Fractal Equities. 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 Fractal Equities website, accessing and making use of services offered, that person or proxy will legally bind the represented entity to the Fractal Equities 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 Fractal Equities and the entity. Fractal Equities 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, Fractal Equities reserves the right to suspend the members account until the required documents is presented.
Be sponsored by an existing Fractal Equitiess member (“sponsor”).
Be responsible for your own taxes on any proceeds and the declaration thereof with your relevant tax authority. Fractal Equities does not deduct or withhold any taxes on your behalf, nor will any reporting tax related responsibilities vest in Fractal Equities.
Take responsibility for maintaining and protecting the confidentiality and safekeeping of your login details, which consist of your email address and password. Fractal Equities takes no responsibility for any unauthorized access to or use of your account. In the event of a security breach on Fractal Equities end, Fractal Equities 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 Fractal Equities 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 Fractal Equities' reasonable control.
Fractal Equities 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 Fractal Equities expressly excludes any liability for such to the fullest extent permissible by law.
Information provided by Fractal Equitiess, 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 Fractal Equities 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 Fractal Equities, which Fractal Equities 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 Fractal Equities website contains confidential information that is protected by COPYRIGHT ©️ and a range of intellectual property laws in Switzerland and world-wide.
Fractal Equities reserves all copyright rights worldwide.
Fractal Equities Exclusive Rights
You are permitted to use the Fractal Equities 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 Fractal Equities for use in accessing the website.
You authorize Fractal Equities 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 Fractal Equities to contact you via email or text messaging for reasons including, but not limited to, Fractal Equities announcements, bonus programs and promotions, changes in policy, etc.
Fractal Equities 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.
Fractal Equities 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.
Fractal Equities 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 Fractal Equities and may never be used for any commercial or business purpose without the prior written consent of Fractal Equities, its directors and officers.
Indemnity
You indemnify and release Fractal Equities 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 Fractal Equities terms and conditions and policies and procedures herein may result in the termination of the agreement, which could result in Fractal Equities 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 Fractal Equities' 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 Fractal Equities.
You agree that you indemnify and hold Fractal Equities, 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 Fractal Equities' 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 Fractal Equities.
Regulatory and Policy
Fractal Equities 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 Fractal Equities 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 Fractal Equities support team, as required by clause 8.2.
Transgression of this term and condition of Fractal Equities membership can result in Fractal Equities cancelling a members membership, after which Fractal Equities would zero the members Fractal Equities 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 Fractal Equities 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, Fractal Equities reserves the right, in exceptional circumstances, to change the account holder detail.
Amendments and variations to terms and conditions
Fractal Equities may amend these terms and conditions from time to time, if and when necessary without prior notice and at Fractal Equities' 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 Fractal Equities 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 Fractal Equities any reputational damage.
Jurisdiction
This agreement and the relationship between the member and Fractal Equities 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 Fractal Equities.
Waiver and Severability of Terms
Any failure on the part of Fractal Equities to exercise or enforce any rights or provisions of this agreement shall not constitute a waiver of such rights or provisions.
Fractal Equities 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 Fractal Equities 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.
Fractal Equities 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. Fractal Equities 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 Fractal Equities 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 Fractal Equities' Terms and Conditions and Policies and Procedures.
I further agree to and understand that Fractal Equities' 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 Fractal Equities in order for myself or the entity that I represent as proxy to be eligible and to receive to any bonuses or payments from Fractal Equities.
The continuation of my CIL membership, use of the Fractal Equities 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 Fractal Equities 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 Fractal Equities.
SECTION: 3
Fractal Equities LTD
GENERAL POLICIES
Throughout these policies and procedures, when the term “agreement” is used, it collectively refers to the Fractal Equities Referral Application, the Fractal Equities Policies and Procedures, the Fractal Equities 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 Fractal Equities' terms and conditions and the Referral and Bonus Plan to the applicant, prior to his or her execution of the Referral Agreement.
Ethics
Fractal Equities conducts business in an ethical and credible manner based on Fractal Equities' core value of Integrity, which requires that every member deal ethically with their customers, with each other and with Fractal Equities.
Fractal Equities permits no unethical or illegal activity, nor shall it be held liable for set actions or behaviour.
Fractal Equities will intercede when such behaviour is brought to the attention of Fractal Equities, as such Fractal Equities reserves the right exercise its best judgment in deciding whether certain member activities are unethical. The decision of Fractal Equities is final.
Furthermore, Fractal Equities may use its own discretion in determining the appropriate course of action, unless the transgression requires legal action.
If Fractal Equities 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 Fractal Equities, its products or services, its bonus plan, its employees, its founders or other Fractal Equities's products that are not found on Fractal Equities' current websites or official referral material.
making unapproved income claims or revealing the amount of income you are or have received through Fractal Equities without prior consent from the Fractal Equities Governing Body.
using any of the information in your back office or activity report in a manner to influence another Fractal Equities member to alter their relationship with Fractal Equities in any manner whatsoever.
using the information in your back office or activity report to compete with Fractal Equities 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 Fractal Equities 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 Fractal Equities'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 Fractal Equities'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 Fractal Equities members to other platforms in competition with Fractal Equities whether directly or indirectly.
behaving aggressively to Fractal Equities employee, founder or another Fractal Equities 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 Fractal Equities
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 Fractal Equities:
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 Fractal Equities 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 “Fractal Equities” member who is not your own “Fractal Equities” personal direct" into/for another opportunity.
A member may not solicit an individual or entity that has previously been sponsored by another Fractal Equities member (or who is considering joining Fractal Equities and being sponsored by another member) to join their Fractal Equities 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 Fractal Equities conducts business, without exclusivity.
Members conducting business in foreign countries must adhere to the Fractal Equitiess 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
Fractal Equities 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.
Fractal Equities 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 Fractal Equities and the payment has been confirmed.
Fractal Equities 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 Fractal Equities.
General Rules
Always introduce and refer to yourself as an Fractal Equities member.
You should never give the impression that you represent Fractal Equities in any way as an employee or an official agent.
The use of Fractal Equities' logos, trademarks, trade names or service marks are strictly prohibited without prior, written approval from the Fractal Equities 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 Fractal Equities in any way, shape or form.
You may use Fractal Equities' 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 \Fractal Equities Governing body, noting that Fractal Equities' 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.
Fractal Equities 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 Fractal Equities will not allow the use of its trade names, trademarks, designs, photos, videos, audio recordings or symbols by any person, including any Fractal Equities member, without its prior, written permission of the Fractal Equities Governing Body.
Members may not produce, for sale or distribution, any recorded Fractal Equities events and speeches without written permission from the Fractal Equities Governing Body, nor may members reproduce, for sale or for personal use, any recording of Fractal Equities-produced audio or videotape presentations.
Events
Fractal Equities 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 Fractal Equities.
Fractal Equities 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 Fractal Equities member.
Fractal Equities further reserves the right to recoup such costs from future bonuses or other payments of the defaulting member.
Privacy of Personal Information
Fractal Equities 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 Fractal Equities privacy policy, and is strictly prohibited.
Further Limitation
Fractal Equities reserves the right to limit or disallow any marketing activities that cast negative aspersions on the integrity, truthfulness, and/or reputation of Fractal Equities or its members.
Members will adhere to the advertising and representative guideline set forth by the Fractal Equities Governing Body.
Members may not interfere with the trading activities or decisions of Fractal Equities under any circumstances and will direct any query relating to trading, to the Fractal Equities Support Team.
If any query is related to a financial or accounting nature, the Fractal Equities 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 Fractal Equities 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 Fractal Equities opportunity for and the interests of all involved which includes the owners, directors, officers and employees and every member of Fractal Equities 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 Fractal Equities' Terms and Conditions and Policies and Procedures.
I further agree and understand that Fractal Equities' 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 Fractal Equities.
The continuation of my Fractal Equities 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.
SECTION 4
Fractal Equities
CORE VALUES (ALSO KNOWN AS BRAND VALUES)
Introduction
Fractal Equities 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 Fractal Equities family.
Fractal Equities 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
Fractal Equities
CODE OF CONDUCT
Your Conduct - What you cannot do:
You agree not to:
Use the Fractal Equities 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 Fractal Equities' 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 Fractal Equities, its employees or Founders, the Fractal Equities Bonus Plan, or any registered members, previous and/or current or their positions or the Fractal Equities mission and vision.
Display of any trading results or bonuses without prior consent from the Fractal Equities 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 Fractal Equities 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 Fractal Equities. 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 Fractal Equities 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, Fractal Equities 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 Fractal Equities, or any part of this agreement, Fractal Equities, 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 Fractal Equities' Bonus Plan.
Fractal Equities 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 Fractal Equitiess Website.
SECTION 6
Fractal Equities
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 Fractal Equities 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 Fractal Equities. This member will then only be qualified to partake in the daily trading activities of Fractal Equitiess.
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 Fractal Equities 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 Fractal Equities.
Fractal Equities 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 Fractal Equities be entitled to terminate the Sponsor Agreement without prior notification and with immediate effect.
Furthermore, in case of immediate termination, Fractal Equities expressly reserves the right to claim compensation from the default member by means of legal action or by setting off any loss Fractal Equities 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 Fractal Equities 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 Fractal Equities.
The sponsor member is not an employee, commercial representative or agent of Fractal Equities.
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 Fractal Equities 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 Fractal Equities and its services.
Sponsor members are not entitled to sell the products and services of other companies to other members of Fractal Equities by using the Fractal Equities members list as a source of prospecting.
The sponsor member is obliged to keep the business secrets and structure of Fractal Equities confidential.
Fractal Equities provides marketing and sale-documentation controlled from all aspects for all countries that are located in the website of the Fractal Equities 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 Fractal Equities. This approval may be withdrawn at any time. The services of Fractal Equities 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 Fractal Equities 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 Fractal Equities 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 Fractal Equities and may not convey an impression, that he depends on Fractal Equities and follows its orders.
The sponsor member may not take money on behalf Fractal Equities, furthermore is not entitled to make any declaration or undertake any obligations as if representing Fractal Equities.
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 Fractal Equities.
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 Fractal Equities” 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 Fractal Equities.
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 Fractal Equities. These materials may not be either partly or totally multiplied, spread or published without the express written consent of Fractal Equities.
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 Fractal Equities. The same is applicable to the registration of such domain names and e-mail addresses that contain a characteristic of Fractal Equities in any form. Fractal Equities may request, that those Internet domain names or e-mail addresses, that contain some kind of Fractal Equities characteristic, and the use of which were not approved by Fractal Equities in writing, should be deleted. Furthermore, in case of Internet domain, these should be transferred to Fractal Equities. In case of transfer, Fractal Equities 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 Fractal Equities (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 Fractal Equities 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. Fractal Equities will then consider the request and provide the member with the outcome.
The sponsor member cannot answer questions of the press in connection with Fractal Equities, its services, the Compensation Plan of Fractal Equities or other services offered by Fractal Equities. The sponsor member is obliged to forward all questions from the press immediately to Fractal Equities.
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 Fractal Equities.
If Fractal Equities 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 Fractal Equities 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 Fractal Equities member to alter their relationship with Fractal Equities in any manner whatsoever.
Use the information in your back office or activity report to compete with Fractal Equities 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 Fractal Equities 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 Fractal Equities' 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 Fractal Equities employee, founder or another Fractal Equities 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 Fractal Equities member/s who is already referred and signed up in the Fractal Equities structure.
A member may not solicit an individual or entity that has previously been sponsored by another Fractal Equities member (or who is considering joining Fractal Equities and being sponsored by another member) to join their Fractal Equities 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 Fractal Equities (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 Fractal Equities will only take the sponsor indicated at the first account deposit.
The observance of the sponsor lines is the basic principle of Fractal Equities 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 Fractal Equities 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.
Fractal Equities 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 Fractal Equities conducts business, without exclusivity.
Members conducting business in foreign countries must adhere to the Fractal Equities 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
Fractal Equities 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. Fractal Equities 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 Fractal Equities if his/her payment has been confirmed. Fractal Equities 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 Fractal Equities.
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 Fractal Equities reserves the right to disable/suspend the sponsor member due to serious reasons.
Fractal Equities 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 Fractal Equities within the deadline determined by Fractal Equities.
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 Fractal Equities.
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 Fractal Equities name, or any Fractal Equities brand name, trade name or title.
In the case of Internet domains the sponsor member has to hand these over to Fractal Equities, and Fractal Equities pay the transfer costs should Fractal Equities 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 Fractal Equities 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. Fractal Equities 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, Fractal Equities reserves the right, in exceptional circumstances, to change the account holder detail.
CLOSING PROVISIONS, ESCAPE CLAUSE
Fractal Equities shall be entitled to modify this General Terms and Conditions for sponsor members from time to time. The modifications are published by Fractal Equities in the official Fractal Equities website https://fractalequities.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.