Whenever a friend signs up to XREX using your referral code, from that moment:
You receive a % of fee commission everytime your friend trades.
You give your friend a % of discount on his/her trading fees!
The discount your friend will receive is a reduction in trading fees, and you get to decide the % of discount for your friend/commission to yourself when you create your referral code.
All referral commissions, including those received by users who refer others to the Program (“Referrers”) and by users who are referred to the Program (“Invited Friends”), are calculated in real-time and credited to the respective accounts every hour.
Referral commissions will be generated upon settlement of actual transactions effected by the Invited Friend, and the commission will then be credited to the Invited Friend’s accounts.
In order for an Invited Friend to receive a referral commission, he/she must register the referral program using the “referral link” (or QR code or referral ID) provided to him/her by his/her Referrer.
If he/she registers the program using an old or previously used referral ID, instead of using the referral link, he/she will not receive any credit of the commission.
There is no limit to the number of friends a single account can invite.
All referrals must be bona fide and are subject to verification. XREX will not accept any abuse or fraudulent conduct to receive referral commissions, such as users who self-invite themselves through multiple accounts.
If XREX detects any misconduct or unfair practices in relation to any referrals, the referral commissions in the relevant accounts will be forfeited and accounts closed.
XREX reserves the right to adjust the payout proportion of referral commissions and change the terms of the referral program at any time due to changing market conditions, risk of fraud, or any other factors we deem relevant.
XREX shall not be liable to any users for any miscalculation or loss of commissions or late payout of commissions by reason of unintentional oversight or cause beyond the control of XREX.
Any dispute arising out of or related to this program shall be settled in good faith. If such a dispute cannot be resolved, it shall be resolved under the General Terms and Conditions.