Last updated: 10th November, 2021
Your access to and use of the Service is conditioned on your acceptance and compliance with these Terms. These Terms apply to all visitors, users and others (you, they, them, user) who access or use the Service.
By accessing or using the Service, you agree to be bound by these Terms. If you disagree with any part of the Terms, you should not access or use the Service. You have the choice.
Our partners and Links to other Websites
Our Service contains links to third-party websites or services that are not owned or controlled by us.
We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 10 days' notice before any new terms taking effect. What constitutes a material change will be determined by us at our sole discretion.
- Every user must create an account before they can perform the following actions on the Service:
- Give a review,
- Run an investment,
- Bring a referral,
- Earn a referral commission,
- Transfer or Send money,
- Receive money,
- Withdraw money,
- The creation of an account is free, for now. To reduce or eradicate spam accounts in the near future, we plan to request a very small fee from any user for the creation of a new account; including a Linked-Account.
Note: Those who had already created an account prior to this change will not be affected.
- A Linked-Account is an account that a user can create inside their main account. This is meant to allow a user to run multiple investments at the same time because, by default, one account can only run one active investment at a time.
- A linked-account has access to all the features as a normal account, including its own username and password.
- One main account can create an unlimited number of linked-accounts, but a linked-account cannot create other linked-accounts. Only the main account can create linked-accounts.
- If your main account gets deactivated or deleted by you or by us for any reason, you can still access your linked-accounts separately.
- If one of your linked-accounts get diactivated or deleted by you or by us for any reason, your other account(s) do not get affected.
- Linked-accounts are free to create, for now. In the near future, a user will be required to pay a very small fee to create one.
- If you do not run an investment from your linked-account within 20 days of its creation, the linked-account will get diactivated.
- If you violate any of these Terms and Conditions, we reserve the right to terminate / deactivate or delete your account, at our sole discretion. If this happens, we may or may not transfer your investment earnings, referral earnings, or savings to you depending on the circumstances.
- The clients' reviews you see on our Website are real and independent, and were written by our users of their free will. As much grateful as we are for your reviews, we do not force or request any user to write a review if they do not want to.
- You are allowed to write a review after you've made at least one investment in the Service.
- To avoid displaying inappropriate or offensive language to other users, reviews are checked before being shown on the platform.
- We do not block negative reviews as long as they are written humanely and decently.
- Every account must run an investment within 20 days from the day of its creation, otherwise, the account gets deactivated. The account's owner gets a reminder for this action 10 days and 5 days prior to its execution.
- All investment packages have a 60 days duration, after which you may withdraw all your earnings. You can invest all the earnings again or top up to the next investment.
- Before the 30th day of the investment, you are not allowed to withdraw any amount of the earnings on your investment.
- While the contract (investment) is running, you can only withdraw a maximum of 50% of the accumulated earnings between the 30th and 60th day of the investment. 100% of your earnings on your latest investment can be withdrawn after 60 days, meaning after the contract has ended.
- Earning from your old investments can be withdrawn at any time, even when you are running another investment.
- If you violate any of these Terms and Conditions, we reserve the right to freeze or cancel your investment, at our sole discretion. If this happens, we may or may not transfer your investment earnings, referral earnings, or savings to you depending on the circumstances.
- You can bring a referral at any time using your referral code; even before running an investment.
- You do not earn a commission from your referral(s) when they create an account, but rather every time they make an investment in the future, indefinitely. The higher their investment, the higher your commission.
- Starting 10th November 2021, you do not earn referral commissions until you run at least one investment on it on your account.
- Starting 10th November 2021, you stop earning referral commissions if you do not invest in the last 60 days from the day your last investment ended.
- You can withdraw all or any amount of your referral earnings at any time, as soon as you start earning them.
Transfers / Exchanges of funds
- You are allowed to transfer/send your investment earnings, referral earnings, or savings from your account to another user's account at no extra charges, for now. You can transfer any amount of your earnings to any of Powerforex International's users, at any time, and any number of times you want.
- You can transfer money from your investment earnings to your savings account, and vice-versa.
- You can transfer money from your referral commission earnings to your savings account, and vice-versa.
You are allowed to deposit money in your Savings Account for future investments.
Note: The money you deposit in your Savings Account will be saved in your account for your future use. We do not use this money until you invest it in one of our packages, and this money does not generate any profit/earnings to you, nor us until you invest it in one of our packages.
- Withdrawals from your investment earnings, referral earnings, and savings are done separately.
- Withdrawals from your investment earnings, referral earnings, and savings can be at any time, as long as you have enough balance left.
- Powerforex International should not be held accountable for any delay or cancelation(s) of transactions caused by your payment processing company or bank.
- Withdrawals done through mobile money may take up to 6 hours to reach your account.
- Bank transactions may take about a few minutes up to 3 (three) work-days depending on your bank's processing speed.
- There is a charge of 5% on bank transfers, 3% on Mobile Money transfers, and 7% on Bitcoin transfers from your money on any withdrawal you make.
Reasons to get banned from the platform
- Trying to hack our platform to access other users' data.
- Trying to tamper with the platform to gain favors unjustifiably.
- Tricking another user into being your referral without them knowing.
- Stealing someone else's referral(s).
- Making other users pay you to create an account for them.
If you have any questions about the above Terms, please contact us.