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Terms and Conditions

SECTION: 1

MIRROR TRADING INTERNATIONAL (PTY) LTD

ADVICE DISCLAIMER

 

  1. Introduction
  1. Mirror Trading International (Pty) Ltd, (hereinafter referred to as MTI), hereby declares that MTI is not a financial services provider and that MTI is not a provider of securities services.
  2. All members including proxy members who represent entities on MTI, hereby agree that by accessing and registering on the MTI website and/or by the act of using any MTI services that they have read, understand and agree to and will abide by the terms of this Advice Disclaimer.
  1.  Nature of MTI Business
  1. MTI is an internet based crypto-currency club which performs its business through the website mymticlub.com and its official offices in Stellenbosch, Western Cape, South Africa. The benefit to members is in the form of the cryptocurrency Bitcoin where member’s bitcoin grows through forex trading by various registered and regulated brokers. 
  1. Advice Disclaimer 
  1. MTI is not and does not portray or attempt to portray itself as a registered or authorised financial services provider or render financial services in respect of financial products as defined in the Financial Advisory and Intermediary Services Act 2002 (“the FAIS Act “) and, MTI does not portray or attempt to portray itself as registered or authorised to render security services as those terms are defined in the Securities Services Act, 2004 (“the SS Act “).
  1.  Financial Advice
  1. Neither MTI nor its members or management purports to be financial advisors nor should any member require any financial advice the applicable member should consult his/her own financial advisor.
  2. MTI does not provide any financial advice and does not get involved in any financial planning pertaining to any MTI member in any manner whatsoever. 
  1. Performance 
  1. Per the MTI Terms and Conditions and per the MTI General Policies and per the MTI Advice Disclaimer, MTI does not guarantee or warrant any returns or specific growth, rates or outcomes.
  2. MTI members and proxy members utilise the services of MTI and any related services entirely at their own risk, without any liability to MTI.

SECTION: 2

MIRROR TRADING INTERNATIONAL (PTY) LTD 

GENERAL TERMS AND CONDITIONS

 

  1. Introduction
  1. This document covers the full set of Mirror Trading International (Pty) Ltd , (hereinafter referred to as MTI) Terms and Conditions which any member or proxy of any entity agrees to and agrees to abide by through their action of registering on the MTI website and/or makes use of any MTI services. All such members are required to make themselves familiar with these Terms and Conditions. 
  1. 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 Mirror Trading International (Pty) Limited (hereinafter referred to as “MTI”).

By yourself accessing and using the MTI website and/or yourself making use of any services offered by MTI, 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 MTI 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 MTI Bonus Plan for the additional Referrals Option.

To make use of MTI services, you will need to register and open your account on this website (“account”).

You will be required to fund your account with a recommended amount $100 (one 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 MTI as set out herein below. 

  1. Account Eligibility

You must: 

  1. 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:

  1. You may not be a member of MTI 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 South Africa that age is 18 and may differ from country to country. Your legal registration with MTI will be governed by the laws of your applicable country under which authority you reside.
  2. If you are under the age of 18 (EIGHTEEN) your legal guardian my 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 MTI in their representing capacity as legal guardian.
  3. The legal guardian must ensure that the minor do 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.
  4. When the minor become of age, he/she may apply to MTI in order to provide him/her with full access to his/her account by submitting the necessary proof as required by MTI. The newly qualified member will then be bound by the terms and conditions in his/her personal capacity.
  1. If using a proxy, your proxy must be at least 18 (EIGHTEEN) years of age and capable of entering a legally binding contract and have a duly signed proxy not older than 3 months.
  2. 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 MTI website, accessing and making use of services offered, that person or proxy will legally bind the represented entity to the MTI 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 MTI and the entity. MTI 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, MTI reserves the right to suspend the members account until the required documents is presented.
  3. Be sponsored by an existing MTI member (“sponsor”).
  4. Be responsible for your own taxes on any proceeds and the declaration thereof with your relevant tax authority. MTI does not deduct or withhold any taxes on your behalf, nor will any reporting tax related responsibilities vest in MTI.
  5. Have a valid identity document and/or certificate of incorporation/registration if you are a registered legal entity, to be eligible for a MTI member’s account.
  6. Take responsibility for maintaining and protecting the confidentiality and safekeeping of your login details, which consist of your email address and password. MTI takes no responsibility for any unauthorized access to or use of your account. In the event of a security breach on MTI’s end, MTI shall notify you as soon as practically possible, in line with the provisions of the GDPR as well as the Protection of Personal Information (POPI) Act, 4 of 2013, Republic of South Africa.
  1.  Disclaimer of Warranties 

You understand and acknowledge that:

  1. Neither MTI 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 MTI’s reasonable control.
  2. MTI 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 MTI expressly excludes any liability for such to the fullest extent permissible by law.
  3. Information provided by MTI, 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.
  4. Your use of any information or services on this website is entirely at your own risk, for which MTI or its business partners cannot be held liable in any manner.
  5. You are responsible for ensuring that any product, services or information available through this website meet your specific needs and requirements.
  6. This website may include links to other third-party websites which are not controlled by MTI, which are provided for your convenience and further information, and which you access the same at your own risk.
  7. Any and all conversations, video’s, links, documents and other information obtained directly or indirectly through the use of the MTI web site, including but not limited to any of its affiliate pages, social media links or other electronic communications, are purely for informational purposes, and shall by no means be construed as constituting financial or investment advice.
  8. MTI 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.
  1. Copyright

You acknowledge and agree that the MTI website contains confidential information that is protected by COPYRIGHT © and a range of intellectual property laws in South Africa and world-wide.  MTI reserves all copyright rights worldwide. 

  1. MTI’s Exclusive Rights 
  1. You are permitted to use the MTI website provided that you do not (and do not allow any third party to):
  1. 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;
  2. Use modified versions of this website, including (without limitation) for the purpose of obtaining unauthorized access to the website; or
  3. Access the website by any means, other than through the interface that is provided by MTI for use in accessing the website.
  1. You authorize MTI 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.
  2. You permit MTI to contact you via email or text messaging for reasons including, but not limited to, MTI announcements, bonus programs and promotions, changes in policy, etc.
  3. MTI reserves the right to manage the referral bonus of any account with a balance of less than $100 (one hundred USD) worth of bitcoin in value.
  4. MTI 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.
  5. MTI 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.
  6. If the Balance in a member’s trading account falls below $100 (one hundred USD) worth of Bitcoin the allocation of the 10% referral bonus they receive after the normal (7) seven calendar day waiting period, will be as follows: 
  1. 50% will be automatically allocated to the trading pool, and
  2. 50% will be allocated to the available income wallet.
  3. This automatic allocation will continue until the members trading pool balance is equal or above $100 (one hundred USD) worth of Bitcoin. 

The moment your account balance reach $100 (one hundred USD) worth of Bitcoin, the normal allocation rules will be applied.

  1. Member and customer lists and names are owned by MTI and may never be used for any commercial or business purpose without the prior written consent of MTI, its directors and officers. 
  1. Indemnity 
  1. You indemnify and release MTI 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.
  2. You understand that failure to comply with the above MTI terms and conditions and policies and procedures herein may result in the termination of the agreement, which could result in MTI suspending your member status.
  3. You understand that any payments due to you may be delayed until final resolution has been achieved.
  4. You acknowledge that in the event of your violation of this agreement and/or MTI’s 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 MTI.
  5. You agree that you indemnify and hold MTI, 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.
  6. You acknowledge MTI’s 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 MTI. 
  1. Regulatory and Policy
    1. MTI 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. 
    2. 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 CEO of MTI care of MTI support and clearly marked for the personal attention of the CEO.
    3. 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 MTI CEO, as required by clause 8.2.
    4. Transgression of this term and condition of MTI membership can result in MTI cancelling a members membership, after which MTI would zero the members MTI account and send the members Bitcoin to the member.
    5. Should clause 8.4 occur and a members membership be terminated, that person will not be able to join MTI again. 
  2. 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. 

  1. 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, MTI reserves the right, in exceptional circumstances, to change the account holder detail. 

  1. Amendments and variations to terms and conditions 
  1. MTI may amend these terms and conditions from time to time, if and when necessary without prior notice and at MTI’s sole discretion.
  2. 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.
  3. Your continued use of the web site shall be construed as an unequivocal acceptance of the terms and conditions, as amended.
  4. 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 MTI support and your referrer.
  5. 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 MTI any reputational damage. 
  1. Jurisdiction 

This agreement and the relationship between the member and MTI shall be governed by the laws of the Republic South Africa and the member agrees to the jurisdiction of the High Court of South Africa (any division) in terms of any legal actions actioned by either the member or MTI. 

  1. Waiver and Severability of Terms 
  1. Any failure on the part of MTI to exercise or enforce any rights or provisions of this agreement shall not constitute a waiver of such rights or provisions.
  2. MTI 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 MTI becomes aware of same, whichever occurred last in time.
  3. 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. 
  1. Survivorship 
  1. All rights in and to your account or information within your account terminate upon your death or winding-up of your estate.
  2. MTI 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. MTI 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.
  3. A position can only be transferred to one beneficiary being a natural person or a duly registered legal entity and MTI will not split the position amongst multiple beneficiaries.
  1. Declaration 
  1. By accepting herein below, I confirm that I have carefully read, understood, and I agree to comply with MTI’s Terms and Conditions and Policies and Procedures.
  2. I further agree to and understand that MTI’s Policies and Procedures are binding on myself or myself and the entity that I represent if I am a proxy and form part of this agreement.
  3. 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 MTI in order for myself or the entity that I represent as proxy to be eligible and to receive to any bonuses or payments from MTI.
  4. The continuation of my MTI membership, use of the MTI website services and my acceptance of bonuses or payments shall constitute my acceptance of the general policies and procedures and terms and conditions and any and all amendments pertaining to both of the aforesaid.
  5. It is required of you as a member of MTI 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 MTI.

SECTION: 3

MIRROR TRADING INTERNATIONAL (PTY) LTD 

GENERAL POLICIES

  1. Introduction
  1. This section covers a range of Mirror Trading International (Pty) Ltd (Hereinafter referred to as MTI) General Policies which any member or proxy of any entity agrees to and agrees to abide by through their action of registering on the MTI website and/or makes use of any MTI services. All such members are required to make themselves familiar with these General Policies. 
  1. Policies and Procedures, The Bonus Plan, and the Terms and Conditions are incorporated into the Referral Agreement 
  1. All policies and procedures, as presented herein, and as amended from time to time at the sole discretion of MTI, are incorporated into, and form an integral part of the MTI Referral Agreement, Bonus Plan and Terms and Conditions.
  2. Throughout these policies and procedures, when the term “agreement” is used, it collectively refers to the MTI Referral Application, the MTI Policies and Procedures, the MTI Bonuses, together with the terms and conditions in part A hereof.
  3. 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.
  4. When enrolling a new Member, it is the responsibility of the sponsor to provide the most current version of these policies and procedures, the MTI’s terms and conditions and the Referral and Bonus Plan to the applicant, prior to his or her execution of the Referral Agreement.
  1.  Ethics
  1. MTI conducts business in an ethical and credible manner based on MTI’s core value of Integrity, which requires that every member deal ethically with their customers, with each other and with MTI.
  2. MTI permits no unethical or illegal activity, nor shall it be held liable for set actions or behaviour.
  3. MTI will intercede when such behaviour is brought to the attention of MTI, as such MTI reserves the right exercise its best judgment in deciding whether certain member activities are unethical. The decision of MTI is final.
  4. Furthermore, MTI may use its own discretion in determining the appropriate course of action, unless the transgression requires legal action.
  5. If MTI determines that unethical activities may exist, it reserves the right to suspend or terminate member status, including but not limited to, all bonuses and payments of any kind.
  6. Under no circumstances is a member, whose membership is terminated for unethical or illegal activity, entitled to sell or transfer their position.
  7. Examples of unethical behaviour include, but are not limited to, the following:
    1. making any false or misleading remarks, statements, innuendos or spreading rumours that may disparage MTI, its products or services, its bonus plan, its employees, its founders or other MTI Members or business partners.
    2. making any claim regarding MTI’s products that are not found on MTI’s current websites or official referral material.
    3. making unapproved income claims or revealing the amount of income you are or have received through MTI without prior consent from the MTI Governing Body.
    4. using any of the information in your back office or activity report in a manner to influence another MTI member to alter their relationship with MTI in any manner whatsoever.
    5. using the information in your back office or activity report to compete with MTI in any manner whatsoever, either directly or indirectly, personally or through an agent or third party.
    6. 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 MTI or appears in any other member’s activity report or downline report.
    7. directly or indirectly disclosing the password or other access code to your back office or activity report.
    8. forging any signature, including electronic signatures on any document.
    9. making any unauthorized use of the MTI ’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.
    10. violation of any government laws or regulations.
    11. competing with the MTI’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 MTI members to other platforms in competition with MTI, whether directly or indirectly.
    12. behaving aggressively or using abusive language, mistreatment, or any other inappropriate behaviour toward any MTI employee, founder or another MTI member.
    13. publishing of any confidential information, including personal account statements, growth margins or profit guarantees on any social media platform or any other public platform.
    14. 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. 
  1. Key Words, Phrases, Expressions and Acronyms not permitted by MTI 
  1. 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 MTI:
  1. Print Money
  2. Printing Money
  3. Pyramid
  4. Pyramid-Scheme
  5. Get Rich making system
  6. Get Rich Quickly
  7. Fast Money
  8. Money Machine
  1. Use of such Key Words, Phrases, Expressions and Acronyms Members is seen in a serious light by MTI and can result in a member being suspended and the member’s account being closed. 
  1. Recruiting
  1. Crossline recruiting is not permitted. Crossline Recruiting definition: the "recruiting/approaching of a “MTI” member who is not your own “MTI” personal direct" into/for another opportunity.
  2. A member may not solicit an individual or entity that has previously been sponsored by another MTI member (or who is considering joining MTI and being sponsored by another member) to join their MTI business in such member’s bonus line.
  3. A member may not register and fund a potential new member without their consent/authorisation in an attempt to lock them in their organization.
  1. Territorial Rights/Conducting business across International Borders 
  1. Members may refer and sponsor new members in any country where MTI conducts business, without exclusivity.
  2. Members conducting business in foreign countries must adhere to the MTI terms and conditions and policies and procedures governing activities in such countries.
  3. 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. 
  1. Qualification Requirements for Payment 
  1. MTI offers a variety of different options which enable the member to earn income through its Bonus Plan.
  2. Some of these payment plans require that the Member must be qualified.
  3. Qualification requirements are defined in the Bonus Plan.
  4. 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.
  5. MTI will not be obligated, nor held liable, to pay for any bonus plan where a member may fall out of qualification.
  6. Referral commission payments are paid to referrers within seven (7) days from a referee depositing his/her bitcoin in MTI and the payment has been confirmed.
  7. MTI 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 MTI. 
  1. General Rules
  1. Always introduce and refer to yourself as an MTI member.
  2. You should never give the impression that you represent MTI in any way as an employee or an official agent.
  3. The use of MTI’s logos, trademarks, trade names or service marks are strictly prohibited without prior, written approval from the MTI Governing body.
  4. 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 MTI in any way, shape or form.
  5. You may use MTI’s 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 MTI Governing body, noting that MTI’s materials are protected by copyright laws and trademarks.
  6. You may never make any promises of income, or forecasts of any nature of set growth percentages.
  7. MTI 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. 
  1. Trademarks and Copyrights 
  1. MTI will not allow the use of its trade names, trademarks, designs, photos, videos, audio recordings or symbols by any person, including any MTI member, without its prior, written permission of the MTI Governing Body.
  2. Members may not produce, for sale or distribution, any recorded MTI events and speeches without written permission from the MTI Governing Body, nor may members reproduce, for sale or for personal use, any recording of MTI-produced audio or videotape presentations.
  1. Events 
  1. MTI 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. 
  1. Remuneration of Fees for Action taken by MTI 
  1. MTI 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 MTI member.
  2. MTI further reserves the right to recoup such costs from future bonuses or other payments of such defaulting member. 
  1. Privacy of Personal Information 
  1. MTI has a strong commitment to protecting the privacy of its customers and members and their personal information.
  2. 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 MTI’s privacy policy, and is strictly prohibited. 
  1. Further Limitations 
  1. MTI reserves the right to limit or disallow any marketing activities that cast negative aspersions on the integrity, truthfulness, and/or reputation of MTI or its members.
  2. Members will adhere to the advertising and representative guideline set forth by the MTI Governing Body.
  3. Members may not interfere with the trading activities or decisions of MTI under any circumstances and will direct any query relating to trading, to the MTI Support Team.
  4. If any query is related to a financial or accounting nature, the MTI Member will be able to communicate and interact with the Tier2 and Tier3 Support in respect thereof.
  5. Members may not place any trading orders nor instruct MTI or the Governing Body in respect of the trading activities or otherwise interfere with the trading pool activities. 
  1. Conclusion 
  1. The rules and regulations outlined in this document are intended to protect the MTI opportunity for and the interests of all involved which includes the owners, directors, officers and employees and every member of MTI 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.
  2. Please note that any infraction of these rules and regulations may result in suspension or immediate deactivation/termination of your membership. 
  1. Declaration 
  1. By accepting herein below, I confirm that I have carefully read, understood, and I agree to comply with MTI’s Terms and Conditions and Policies and Procedures.
  2. I further agree and understand that MTI’s Policies and Procedures are binding and form part of this agreement.
  3. 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 MTI.
  4. The continuation of my MTI 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

MIRROR TRADING INTERNATIONAL (PTY) LTD 

CORE VALUES (ALSO KNOWN AS BRAND VALUES)

  1. Introduction 
  1. MTI 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 MTI family. 
  1. MTI 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

MIRROR TRADING INTERNATIONAL (PTY) LTD 

CODE OF CONDUCT

  1. Your Conduct - What you cannot do:

You agree not to:

  1. Use the MTI website or cause it to be used for any unlawful purposes.
  2. 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.
  3. Interfere with, disrupt, or create an undue burden on MTI’s operation of its website or administration in general.
  4. 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.
  5. Make any false, misleading or disparaging statements about MTI, its employees or Founders, the MTI Bonus Plan, or any registered members, previous and/or current or their positions or the MTI mission and vision.
  6. Display of any trading results or bonuses without prior consent from the MTI governing body and affected member/s,
  7. The making of income projections and use of income testimonials to the public, which is strictly prohibited. 
  1. Your Conduct – What you can and are encouraged to do 
  1. 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.
  2. You are responsible for supervising and supporting the members you refer to MTI 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 MTI. 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.
  3. 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.
  4. 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.
  5. You undertake to keep any and all MTI statements private and confidential. You agree that you will not publish any statements, profits and the like on social media or any other platform, web site 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, MTI returns or profits, be it print or digital. 
  1. Non Compliance – Consequence 
  1. You understand that if you fail to comply with the terms of this agreement or policies and procedures of MTI, or any part of this agreement, MTI, 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.
  2. If you are in breach, default or violation of the agreement at termination, you will not be entitled to receive any further bonuses.
  3. 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 MTI’s Bonus Plan.

SECTION: 6

MIRROR TRADING INTERNATIONAL (PTY) LTD 

THE COMPENSATION PLAN

Understanding the Mirror Trading International Compensation plan

  1. The MTI Compensation Plan consists of 5 income streams namely: 
  1. 40% Members Daily Trading Bonus
  2. 10% Direct Once-Off Referral Bonus
  3. 20% Weekly Profit-Sharing Bonus
  4. 2.5% P1 Leadership Bonus
  5. 2.5% P2 Leadership Bonus 
  1. The Daily Compensation plan results will be displayed on the MTI Official Telegram Group as follows:

 

  1. The 40% Daily Trading Bonus explained:
  1. A member qualifies for the daily trading bonus once the member successfully deposits bitcoin into their MTI account which will be added to their trading pool automatically.
  2. The bitcoin will be transferred to the forex broker as soon as the deposit is verified by MTI.
  3. Trading with the member’s bitcoin will commence on the following 24hour trading day.
  4. The member will receive a 40% share of the daily trading result in relation to his bitcoin balance in the trading pool. (Sharing both in profits and losses)
  5. Trading only occurs on forex trading days which is Monday to Friday excluding banking Holidays and weekends.
  6. Member’s daily trading statements are posted in the members back office within the "Trading Bonus" section under "See detailed report” by going to the “View" tab - Tuesday to Saturday.

3.1. Hereunder an extract from the Trading Bonus reports on the MTI back office:

  1. In addition to the Daily Trade bonus MTI 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 MTI Website.

  2. IMPORTANT NOTICE: The payment of bonuses are at the sole discretion of MTI and governed by the Bonus Plan terms and conditions and may be refused/withheld or deducted due to any misconduct or abuse on the part of the sponsor determined and confirmed by the MTI Governing Body. The Sponsors right to any bonus is subject to their adherence to the Bonus Plan's terms and conditions.

  3. The 10% Direct Once-Off Referral Bonus
  1. You will earn a once-off 10% direct referral bonus for every member you successfully refer as your direct referral to MTI, and also for any amounts they add over and above their high-water mark shown on their dashboard. For a full explanation of the high-water mark please refer to the official video in the MTI YOUTUBE channel.
  2. You will need at least $100 USD worth of Bitcoin in your trading account to qualify to earn the 10% Direct Referral bonus.
  3. MTI will in the instance of any deposit of less than $100 (one hundred USD) worth of Bitcoin allocate the 10% referral bonus as follows:
  1. 50% will be automatically allocated to the trading pool, and
  2. 50% will be allocated to the available income wallet.
  1. This automatic allocation will continue until the members trading pool balance is equal or above the required minimum $100 (one hundred USD) worth of Bitcoin.
  2. Referral bonuses are subject to a 7-day waiting period. 
  1. 20% Weekly Profit-Sharing Bonus
  1. 20% of the Daily Trading profit derived from the trading activities is allocated to the Weekly Binary Profit-Sharing Pool.
  2. The Binary structure allows the sponsor to refer new members into your Left Team and/or Right Team.
  3. To qualify for binary profit-sharing bonuses you need a minimum of $200 USD worth of Bitcoin as your Balance in Trade and you need to have personally referred two new members, one in your left Team and one in your Right Team, each with a minimum of $100 USD worth of Bitcoin as their Balance in Trade.
  4. The third member you personally refer will become a spill over for one of the members you introduced, as you can only place on the outside of your left Team or right Team. Spill over will also occur when your sponsor or team members above you introduce new members. Spill over is not guaranteed.
  5. Members are not bound by their personal performance and are not limited to the number of direct referrals they can introduce to MTI.
  6. 20% of the weekly gross profit derived from trading will be shared among all Binary qualified members, according to the Bitcoin value of the qualified levels in your weaker team.
  7. When you are Binary qualified your $200 to $999 worth of Bitcoin Balance in Trade qualifies you to earn on up to 10 levels in the Binary structure.
  8. Your Weaker Team BTC Total in Trade does not flush, and as your team grows you have the option to increase your Balance in trade, thereby unlocking additional binary earning levels.
  9. With $1000 - $4999 worth of Bitcoin Balance in Trade you qualify to receive binary bonuses up to 20 levels deep.
  10. With $5000 - $9999 worth of Bitcoin Balance in Trade you qualify to receive binary bonuses up to 30 levels deep.
  11. With $10000 + worth of Bitcoin Balance in Trade you qualify to receive binary bonuses on Infinite levels of the binary structure in your weakest team.
  12. Binary Bonuses are paid every Saturday according to the Bitcoin value of the qualified levels deep of your weaker team, creating a weekly residual income.
  13. Your maximum binary pay-out will be capped at $75000 USD worth of Bitcoin per week.
  14. Binary bonuses are subject to a 7-day waiting period.

7.1 Hereunder an extract Binary Income reports on the MTI back office

 

  1. The Leadership Bonus
  1. Part 1 Leadership Bonus (P1LB) is a sharing bonus where you and all the other qualified members earn for 8 weeks.
  2. Part 2 Leadership Bonus (P2LB) is another residual bonus which is earned for helping your team members become binary qualified.
  3. Qualifying for P1LB & P2LB Bonuses
  1. There are 3 requirements to earn a Part 1 Leadership Bonus Share.
  2. You must have a minimum of $200 USD worth of Bitcoin Balance in Trade.
  3. Your two personally referred members, one left and one right, must be active, each with a $200 USD worth of Bitcoin Balance in Trade.
  4. For every direct referral you have, that is leadership binary qualified with a $200 USD worth of Bitcoin Balance in Trade, you earn one share in the P1LB pool.
  5. There is only 1 requirement to earn a Part 2 Leadership Bonus Share.
  6. As soon as one of your personally referred members earns a share in the P1LB, then you automatically qualify for the P2LB.
  7. For every personally referred member who qualifies for P1LB shares, you earn additional shares in the P2LB pool.

8.3.1  Hereunder an extract of the P1 LEADERSHIP BONUS REPORT on the MTI back office:

8.3.2  Hereunder an extract of the P2 LEADERSHIP BONUS REPORT on the MTI back office:


SECTION: 7

MIRROR TRADING INTERNATIONAL (PTY) LTD

SPONSOR

TERMS AND CONDITIONS FOR THE OPTIONAL REFERRAL BONUS, BINARY BONUS PLAN AND THE P1/P2 LEADERSHIP BONUS PLANS 

  1. GENERAL TERMS AND CONDITIONS FOR SPONSORS 
  1. APPLICATION OF THE GENERAL TERMS AND CONDITIONS 
  1. The following general terms and conditions qualify as an Agreement concluded between Mirror Trading International (Pty) Ltd (Hereinafter referred to as “MTI”) represented by: Johann Steynberg CEO, and the members of MTI who refer new members for purposes of obtaining compensation form MTI for their efforts (hereinafter referred to as: “Sponsor”).
  2. In order to qualify for the Referral Bonus, the Binary Bonus Plan and the P1 and P2 Leadership Bonuses must a sponsor member adhere to and comply with terms and conditions of this agreement.
  3. The General Terms and Conditions of MTI, the Compensation Plans and this Agreement form inseparable parts of General Terms and Conditions for Sponsors. These three documents together are the unified terms and conditions for Sponsoring members who refer new members to MTI in order to qualify for the 10% Referral Bonus, the Optional Binary Bonus Plan and the P1 and P2 Leadership Bonuses.
  4. MTI only enters into the Sponsor relationship with the referring member after the member accepted and agreed to all the above documents referred to in paragraph iii.
  5. The acceptance of the above three documents is compulsory to the current referring members already in a referring relationship with MTI in case they intend to continue this contractual relationship with MTI. 
  1. SUBJECT AND CONCLUSION OF THE REFERRAL AGREEMENT 
  1. MTI is a club where new members can only be invited to the club by existing members.
  2. Only active Sponsor members may refer a new member to the MTI club by means of either a referral link, personal enrolment in the back office.
  3. The new member is provided with a 7 (SEVEN) day cooling down period in which the new member can conduct a further due diligence on MTI before funding their account.
  4. The new member may fund their account any time before the lapse of the 7 day period should the new member wish to do so.
  5. It is the responsibility of the Sponsor member to assist the new member in understanding all the terms and conditions, features, security features of the MTI back office, the Investor Plan, and the Optional Referral Plan.
  6. The prospective members account will be deleted if not funded within 7 (SEVEN) calendar days of registering on the website.
  7. The Sponsoring member receives a once of 10% bitcoin referral bonus on the amount of bitcoins the new member brought into the club. This 10% bitcoin bonus is paid by MTI to the Sponsor member and is not deducted from the new members deposited bitcoin value.
  8. The Sponsoring member may qualify for the Binary Bonus Plan and the P1 and P2 Leadership bonuses when the Sponsor member meets all the qualification criteria as set out in the MTI Compensation Plan for those respective bonus plans.
  9. Any club member can become a Sponsoring member on the condition that: 
  1. The member accepted the Terms and Conditions as set out in this agreement, the qualification criteria for the 10% Referral Bonus Plan, The Optional Binary Bonus Plan and The P1 and P2 Leadership Bonus Plan.
  2. In case the Sponsor member do 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 MTI. This member will then only be qualified to partake in the daily trading activities of MTI.
  3. The sponsoring must be active and compliant member in order retain Sponsor status and qualify for all the bonus plans.
  4. Should a member be investigated due to any misconduct will MTI 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 MTI. 
  1. THE GENERAL PRECONDITIONS OF THE AGREEMENT 
  1. Only registered, qualifying active compliant members may be a party to this agreement.
  2. A member (either a natural person or a legal person) can only conclude one referral agreement with MTI that means: they cannot possess more than one referral position in the binary system. This condition will be effective from date of release of this agreement.
  3. MTI reserves the right, to reject a Sponsor application without stating reasons.
  4. In case of breach of the obligations listed in the General Terms and Conditions or this Agreement shall MTI be entitled to terminate the Sponsor Agreement without prior notification and with immediate effect.
  5. Furthermore, in case of immediate termination, MTI expressly reserves the right to claim compensation from the default member my means of legal action or by setting off any loss MTI may have suffered by: 
  1. Deducting the amount from any bonus due and pending to the member, or;
  2. Should the debt not be satisfied in full through the implementation of paragraph 3 (V) a. then MTI reserves the right to seize and freeze the member’s capital amount pending legal action. 
  1. STATUS OF THE SPONSOR MEMBER AS AN ENTREPRENEUR AND OBLIGATIONS OF THE SPONSOR MEMBER 
  1. The sponsor member acts independent from MTI.
  2. The sponsor member is not an employee, commercial representative or agent of MTI.
  3. 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 MTI for any such costs.
  4. 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.
  5. 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).
  6. 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 MTI and its services.
  7. Sponsor members is not entitled to sell the products and services of other companies to other members of MTI by using the MTI members list as a source of prospecting.
  8. The sponsor member is obliged to keep the business secrets and structure of MTI confidential.
  9. MTI provides marketing and sale-documentation controlled from all aspects for all countries that are located in the website of the MTI 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 MTI. This approval may be withdrawn at any time. The services of MTI 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 MTI on other Internet media, e.g. community websites (e.g. Facebook), online blogs or chat rooms, then he may only use the official marketing communication provided by MTI and may not publish data regarding his earnings or projected income possibility at MTI.
  10. The sponsor member may not sell or otherwise propagate their own marketing and/or written documentation or multimedia productions to other MTI members, furthermore they may not publish those in any way.
  11. During its business activity the sponsor member may not convey an impression that he is acting as an agent or representative of MTI and may not convey an impression, that he depends on MTI and follows its orders.
  12. The sponsor member may not take money representing MTI, furthermore is not entitled to make any declaration or undertake any obligations as if representing MTI.
  13. 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 MTI.
  14. 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 MTI” text.
  15. 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 MTI.
  16. During its business activity the sponsor member may not mention negatively, detractingly or otherwise illegally the brand names of the competition, 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.
  17. All presentations, marketing, educational and film material provided in the back office (including photos) is under the intellectual property protection of MTI. These materials may not be either partly or totally multiplied, spread or published without the express written consent of MTI.
  18. 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 MTI. The same is applicable to the registration of such domain names and e-mail addresses that contain a characteristic of MTI in any form. MTI may request, that those Internet domain names or e-mail addresses, that contain some kind of MTI characteristic, and the use of which were not approved by MTI in writing, should be deleted, furthermore in case of Internet domain these should be transferred to MTI. In case of transfer, MTI undertakes to compensate the costs of the transfer of the Internet domain.
  19. 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 MTI (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.
  20. Any sponsor member who wishes to continue their sponsor member activity on another sponsor line can request the deletion of their position in MTI in writing. This request must clearly state the reason why you want to move to another line, confirmation that your sponsor is aware of the request and reasons for the request. MTI will then consider the request and provide the member with the outcome.
  21. The sponsor member cannot answer questions of the press in connection with MTI, its services, the Compensation Plan of MTI or other services offered by MTI. The sponsor member is obliged to forward all questions from the press immediately to MTI.
  22. 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.
  23. 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.
  24. 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 MTI.
  25. If MTI determines that unethical activities may 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.
  26. Under no circumstances is a sponsor member, whose membership is terminated for unethical or illegal activity, entitled to sell or transfer their position.
  27. Not take part in the 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.
  28. Examples of unethical behaviour include, but are not limited to, the following: - 
  1. Making unapproved income claims or revealing the amount of income you are or have received through MTI without prior consent from the MTI Governing Body.
  2. Use any of the information in your back office or activity report in a manner to influence another MTI member to alter their relationship with MTI in any manner whatsoever.
  3. Use the information in your back office or activity report to compete with MTI in any manner whatsoever, either directly or indirectly, personally or through an agent or third party.
  4. 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 MTI or appears in any other member’s activity report or downline report.
  5. Directly or indirectly disclose the password or other access code to your or your referrals back office or activity reports.
  6. Forging any signature, including electronic signatures on any document.
  7. Competing with the MTI’s services directly or indirectly through association with another business or through your own personal efforts.
  8. Aggressive or abusive language, behaviour or treatment or any inappropriate behaviour toward any MTI employee, founder or another MTI member.
  9. 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.
  10. Sponsor members will in the course of recruiting not make themselves guilty of: 
  1. Crossline recruiting is not permitted. Crossline Recruiting is the recruiting/approaching of any current MTI member/s who is already referred and signed up in the MTI structure.
  2. A member may not solicit an individual or entity that has previously been sponsored by another MTI member (or who is considering joining MTI and being sponsored by another member) to join their MTI business in such member’s bonus line.
  3. A member may not register and fund a potential new member without their consent/authorisation in an attempt to lock them in their organization. 
  1. PROTECTION OF THE SPONSOR, EXCLUSION OF TERRITORIAL PROTECTION, SPECIAL RIGHTS 
  1. A newly referred member will be linked to the organization of the sponsor who referred that person for the first time to MTI (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 MTI will only take the sponsor indicated at the first account deposit.
  2. The observance of the sponsor lines is the basic principle of MTI that is necessary for the protection of all sponsor members.
  3. In case a member tries to register himself several times through a strawman, spouse, other relative/s, trade name, or legal entity at MTI 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.
  4. MTI 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.
  5. Members may refer and sponsor new members in any country where MTI conducts business, without exclusivity.
  6. Members conducting business in foreign countries must adhere to the MTI terms and conditions and policies and procedures governing activities in such countries.
  7. 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.
  1. PAYMENT CONDITIONS, PAYMENT METHODS OF THE BONUSSES, TRANSFER PROHIBITION 
  1. MTI offers a variety of different options which allows the member to earn income through its Bonus Plan.
  2. 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. MTI will not be obligated compensate a member who may fall out of qualification.
  3. Referral bonus payments are paid to referrers within seven (7) calendar days from a referee depositing his/her bitcoin in MTI and the payment was confirmed. MTI 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 MTI.
  4. The payment of bonuses of the sponsor member shall take place in the back office.
  5. The possibilities and qualifications for receiving bonuses are published in the Compensation plan.
  6. The sponsor member may not assign or offer as security its rights resulting from the Compensation Plan.
  7. The Agreement may not be encumbered with the rights of third parties.
  8. If a members referrer withdraws his or her bitcoin deposit within 7(SEVEN) days from the date of deposit the sponsor will forfeit the 10% referral bonus. 
  1. DISABLING/SUSPENSION OF SPONSOR MEMBER 
  1. Irrespective of the reasons for disabling/suspending mentioned in the General Terms and Conditions and this Agreement MTI reserves the right to disable/suspend the sponsor member due to serious reasons.
  2. MTI 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 MTI within the deadline determined by MTI. 
  1. TERMINATION OF THE AGREEMENT, CONSEQUENCES OF TERMINATION, DEATH OF THE SPONSOR MEMBER 
  1. This Sponsor member Agreement terminates due to the following:
  1. Upon the death, liquidation or sequestration of the sponsor member, or
  2. When the sponsor member is removed from the system due to misconduct of any nature, or:
  3. If the member registration is terminated by either the member or MTI. 
  1. The agreement may be inherited by observing the legal conditions in the General Terms and Conditions under Survivorship.
  2. Following the termination of the Agreement is it forbidden to use such Internet domain or e-mail addresses that contain the MTI name, or any MTI brand name, trade name or title.
  3. In the case of Internet domains the sponsor member has to hand these over to MTI, and MTI pay the transfer costs should MTI 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.
  4. Following the termination of the agreement by the sponsor member other than for misconduct, the sponsor may only re-register with MTI after the 1 month have passed.
  5. The sponsor member may send a request to the e-mail address support@mymticlub.com to ask for permission re-register within one month after termination with the indication of his future sponsor. MTI 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.
  6. The sponsor member may conclude a new registration without special written consent 6 months after the termination of the first agreement.
  7. 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. 
  1. TRANSFER OF THE SPONSORED STRUCTURE TO THIRD PARTIES 
  1. 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, MTI reserves the right, in exceptional circumstances, to change the account holder detail. 
  1. HANDLING OF WRITTEN QUERIES 
  1. The lead time of the investigation providing the basis for the assessment of questions, requests or occurring complaints received by MTI in writing is 7 days.
  2. The support section of MTI will deal with all queries related to the back office and queries submitted to support@mymticlub.com. This email address will also be the only forum wherein queries and requests will be entertained.
  3. Social media requests to management of MTI is not allowed or permitted. 
  1. CLOSING PROVISIONS, ESCAPE CLAUSE 
  1. MTI shall be entitled to modify this General Terms and Conditions for sponsor members from time to time. The modifications are published by MTI in the official MTI website www.mymticlub.com and/or www.mirrortradinginternational.com.
  2. The modifications and amendments of this Agreement are valid exclusively in writing.
  3. 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.

SECTION: 8

MIRROR TRADING INTERNATIONAL (PTY) LTD 

PROTECTION OF PERSONAL INFORMATION (POPI)
ACT NO 4 OF 2013, REPUBLIC OF SOUTH AFRICA 

  1. Mirror Trading International (Pty ) Ltd, (hereinafter referred to as “MTI”) complies with the Protection of Personal Information (Popi) Act no 4 of 2013, of the Republic of South Africa, (hereinafter referred to as “the Act”” or “Popi”). 
  1. Section 14 of the Constitution of the Republic of South Africa, 1996, provides that everyone has the right to privacy; the right to privacy includes a right to protection against the unlawful collection, retention, dissemination and use of personal information.
  2. POPI further states that no individual or entity may possess or hold the personal details of any other individual or entity any format including writing, electronic or other, without the express and authorised (by signature) permission of the disclosing party provided to the receiving party.
  3. This document to be read in conjunction with the MTI Standard Terms and Conditions and the MTI Code of Ethics.
  4. “Disclosing Party” shall means the individual or entity disclosing his/her or its personal information to any other person or entity that requires to hold such information for whatever purpose.
  5. “Receiving Party” shall means the individual or entity receiving the personal information of any disclosing party. 
  1. MTI and POPI
  1. MTI requires a range of personal information elements from MTI directors, officers, employees and registered members when a person is appointed to MTI, or registers on the MTI website to make use of MTI services.
  2. MTI directors, officers and employees grant MTI permission to hold the range of personal information elements required BY MTI of every director, officer and employee safely and securely and, MTI undertakes not to disclose such information to any other party, unless instructed to do so by the disclosing director, officer or employee.
  3. MTI members grant MTI permission through the act and processing of their membership registration on the MTI website, to hold the required range of personal information elements required by MTI of every registered member safely securely and, MTI  undertakes not to disclose such information to any other party, unless instructed to do so by the disclosing member. 
  1. Termination of Employment or membership of MTI or both
  1. Should the relationship between a director, officer or employee, or a registered and active member of MTI terminate for whatever reason, MTI will hold such individual’s personal information that is on record at MTI, in the records of MTI as may be required by law (usually 5 years).
  1. “Registered Active Member” shall mean any registered member or entity that funded his/her/its MTI BTC wallet within 7 working days of registering on MTI.
  1. The personal information of ”Cancelled Members” is deleted in full from the MTI system and records per the MTI Standard Terms and Conditions, if any person or entity that has registered on MTI has not funded his/her/its BTC wallet within 7 (Seven) days of registration.
  1. “Cancelled Member” shall mean any person or entity that has registered on the MTI website, but has not funded his/her/its BTC wallet within 7 (Seven) days of registration.

  By clicking here I confirm I have read, accepted and undertake to abide by the Terms and Conditions and Code of Conduct of Mirror Trading International (PTY) Ltd. By clicking here I further give Mirror Trading International (PTY) Ltd permission to hold certain required personal information about myself on the Mirror Trading International (PTY) Ltd records, as required by the Protection of Personal Information Act (POPI) no. 4 of 2013 (South Africa).
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