Introducing Broker Agreement (IB Agreement)

Part One: General Framework of the Relationship (Articles 1–4)

Article 1 — Definitions

Definitions of the broker (QMMFX), Introducing Broker (IB), referred client, Sub-IB, IB commission, qualifying trade, IB Portal, IB Wallet, trading account, excluded accounts (Demo and Cent), official website, official company documents, and business day. The source also contains one unclear term, which requires verification against the original agreement.

Article 2 — Purpose and Scope of Cooperation

The IB’s role is limited to client referrals and marketing. The IB is not authorized to manage investments, guarantee profits, receive client funds, or create obligations on behalf of the Company. The Company is under no obligation to accept every referred client and may reject or restrict clients under its internal, risk-management, and KYC policies. Participation in the IB program creates no permanent or guaranteed entitlement.

Article 3 — IB Application and Acceptance Requirements

Applications must be submitted through official channels, with accurate information. Applicants are responsible for ensuring that their activities are lawful. The Company reserves the right to accept or reject applications based on commercial, risk, and compliance assessments.

Article 4 — Independence of the Parties

The relationship does not constitute employment, partnership, or agency. Without written authorization, the IB may not represent itself as an official agent, enter into contracts in the Company’s name, or create obligations on its behalf. The IB bears its own expenses, including taxes and equipment.

Part Two: Obligations of the Company and the IB (Articles 5–7)

Article 5 — General Obligations of the Company

The Company may, at its discretion, provide an IB Portal, a unique referral link or code, commission reports, and a dedicated wallet. The Company does not guarantee uninterrupted availability of its portal or systems and may restrict or discontinue services.

Article 6 — General Obligations of the IB

The IB must act professionally and in good faith. Guaranteed-profit claims, descriptions of trades as “risk-free,” misleading information, and representations that the IB is an employee or owner of QMMFX are prohibited. The IB is responsible for the actions of persons under its direct control.

Article 7 — No Authority to Manage Client Funds

The IB is not authorized to manage investments or receive, hold, or transfer client funds. Any unauthorized access to a client account constitutes a material breach of the Agreement.

Part Three: Exclusivity, Clients, and Sub-IB Structure (Articles 8–22)

Article 8 — Non-Exclusivity

Cooperation is non-exclusive unless expressly agreed otherwise in a separate agreement.

Article 9 — Client Attribution

Clients are attributed to an IB based on the Company’s system records, including links, codes, and referrals. Verbal claims unsupported by system records are not valid.

Article 10 — Change of IB by a Client

Clients may change their IB. Such changes generally take effect from the approval date onward and are not retroactive, unless the Company decides otherwise.

Article 11 — Eligible Accounts

Demo and Cent accounts are excluded from commission eligibility. The Company may exclude additional account types in the future.

Articles 20–22 — Sub-IBs

A multi-level IB structure may be established with the Company’s approval. An upstream IB has no permanent ownership rights over its Sub-IB network and is responsible for providing inaccurate information to Sub-IBs regarding the terms of cooperation.

Part Four: Commissions — Rates, Calculation, and Payment (Articles 12–19 and 26–28)

Article 12 — Commission Structure

The commission structure may be multi-level (levels/tiers). Eligibility criteria may include trading volume, number of active clients, activity quality, net deposits, Company costs, liquidity-provider conditions, geographic region, and Sub-IB structure.

Article 13 — Basis of Calculation

Commissions are calculated as a percentage of eligible revenue or commission. Rates may vary by trading instrument.

Article 14 — Calculation Frequency

Calculations are generally performed periodically or hourly by the system; no fixed calculation schedule is guaranteed.

Article 15 — Crediting Commissions

Approved commissions are credited to the internal IB Wallet, not to a separate bank account.

Article 16 — Commission Withdrawals

Commissions may be withdrawn once finalized. No minimum withdrawal amount has currently been specified; the Company may establish or revise one in the future.

Article 17 — Changes to Commission Rates

The Company may change commission rates or structures upon notice. Changes generally apply prospectively rather than retroactively, except in cases involving errors or fraud.

Article 18 — Commission Disputes

Disputes regarding commission calculations are submitted by email to ib@qmmfx.com.

Article 19 — Taxes

The IB is responsible for its own taxes. The Company does not provide tax advice.

Articles 26–28 — Trade Eligibility and Anti-Abuse

Executing a trade alone does not create an unconditional entitlement to commission. The Company may examine trade duration, abnormal trading patterns, artificial hedging, latency exploitation, and arbitrage, and may cancel or suspend associated commissions.

Article 27 — Minimum Trade Duration

The Company may impose a minimum holding period for certain accounts or structures (an illustrative range of 60–180 seconds). This range is an example only and requires management approval and a definitive determination.

Part Five: Active/Inactive Status and Suspension (Articles 23–25 and 44)

Article 23 — Active Status

No fixed minimum activity requirement currently applies to maintain active IB status. The Company may introduce criteria such as a minimum number of active clients, trading volume, or marketing activity.

Article 24 — Temporary Deactivation

The Company may temporarily deactivate an IB profile where fraud, abuse, or a serious complaint is suspected. Commissions arising during suspension may be withheld or suspended pending investigation.

Article 44 — Grounds for Suspension

Grounds include breach of the Agreement, false information, abuse, client complaints, failure to cooperate with investigations, security, financial or reputational risks, and KYC, AML, or sanctions-related requirements.

Part Six: Marketing, Advertising, and Branding (Articles 32–35 and 42–43)

Article 32.2 — Prior Approval of Advertising

The IB may conduct advertising without the Company’s prior approval unless the Company expressly requires advance approval for a particular campaign, region, or medium. Management may wish to revise this policy if mandatory pre-approval is preferred.

Advertising Restrictions

Prohibited conduct includes misleading statements, downplaying risks, promises of guaranteed profits, misrepresenting the legal relationship with QMMFX, and violating local laws.

Article 34 — Use of QMMFX Branding

The IB’s right to use QMMFX branding and logos is limited, revocable, non-transferable, and non-exclusive.

Articles 42–43 — Local Compliance

The IB is responsible for complying with advertising laws in each target country or region. The Company may designate prohibited or restricted territories.

Part Seven: Prohibition on Handling Client Funds and Accounts (Articles 36–38)

Restrictions

The IB may not receive, hold, or transfer client funds; request client passwords; access accounts without authorization; or trade on behalf of clients.

PAMM and Copy Trading

PAMM and copy-trading services are permitted only when officially offered by QMMFX and subject to the specific terms of those services.

Part Eight: Client Communications and Complaints (Articles 39–41 and 53–54)

Client Support and Official Matters

The IB may provide informal or educational support, but must refer official matters, including identity verification, deposits and withdrawals, and formal complaints, to the Company’s official channels.

Complaints

Complaints about IB conduct are submitted to the Company through official channels. Filing a complaint does not, by itself, establish a violation.

Article 54 — Indemnification

The IB undertakes to indemnify losses arising from fraud, willful misconduct, material breach, claims based on unauthorized promises, unauthorized receipt of client funds, infringement of intellectual property rights, or violations of laws in its independent marketing activities.

Part Nine: Confidentiality, Privacy, KYC/AML, and Intellectual Property (Articles 49–52)

Confidential Information

Confidential information includes commission structures, non-public commercial information, client and Sub-IB information, internal reports, and business strategies.

KYC/AML and Sanctions

Standard KYC, AML, and sanctions requirements apply. The IB must not assist clients in circumventing these procedures.

Intellectual Property

All intellectual property rights, including names, logos, software, and the portal, remain the property of QMMFX. No ownership rights are transferred to the IB under the Agreement.

Part Ten: Suspension and Termination (Articles 44–48)

Company’s Right to Suspend or Terminate

The Company may temporarily suspend cooperation on the stated grounds or terminate immediately without notice in serious cases, including fraud, systematic abuse, identity falsification, unlawful activity, unauthorized receipt of client funds, and false promises of profits.

Termination by the IB

The IB may terminate cooperation at any time by notifying the Company through email or the portal, unless a specific agreement provides a different notice period.

Consequences of Termination

Finalized and approved commissions earned before termination are payable. Trades after termination do not generate commission entitlements. Certain obligations survive termination, including confidentiality, intellectual property, indemnification, dispute resolution, and governing law.

Part Eleven: Liability, Force Majeure, and Dispute Resolution (Articles 55–64)

Article 55 — Limitation of Liability

The Company’s liability is limited to the maximum extent permitted by law. The Company does not guarantee the profitability of IB activities or continuous system availability.

Article 57 — Force Majeure

Events include natural disasters, war, widespread internet outages, cyberattacks, sanctions, and other specified circumstances.

Article 62 — Governing Law

The laws of the Autonomous Island of Anjouan, Union of the Comoros, apply (QMMFX registration jurisdiction; registration number L15620).

Article 63 — Dispute Resolution

Disputes are initially addressed through negotiation or written correspondence. If unresolved, they are referred to the competent authority in the Company’s jurisdiction of registration (Anjouan, Comoros).

Article 64 — Language

The English version is the original and controlling version. The Persian version is provided solely as a convenience translation; in the event of any conflict, the English version prevails.

Part Twelve: Final Provisions (Articles 65–73)

Article 65 — Special Commercial Agreements

Special arrangements may cover commission rates, tiers/levels, Sub-IB structures, exclusivity, performance targets, and geographic territories. In the event of a direct conflict, these arrangements prevail over the general terms.

Article 66 — Assignment

The Company may transfer rights and obligations in connection with restructuring or mergers. The IB may not assign its rights or obligations without prior agreement.

Article 71 — Electronic Acceptance

Clicking an acceptance button or checkbox constitutes full acceptance of the terms; no physical signature is required.

Article 72 — Official Contact Information

Legal entity: QMMFX LIMITED; registration number: L15620; registered jurisdiction: Anjouan, Comoros. Website: qmmfx.com. Support: support@qmmfx.com. IB Department: ib@qmmfx.com.

Article 73 — Final IB Acknowledgment

The IB confirms having read the Agreement in full, understood the independent nature of the relationship, acknowledged the applicable restrictions, and voluntarily accepted the terms.