1. Scope of Application
Terms of Service
WT WolfFunding Ltd
1.1 The following general terms and conditions apply to all legal transactions of the service company WT WolfFunding Ltd based in Cyprus – hereinafter referred to as service provider – with its exclusive partners / investment partners or customers – hereinafter referred to as partners – and software license buyers – hereinafter referred to as investors. Insofar as individual contractual provisions exist that deviate from or contradict the provisions of these GTC, the individual contractual provisions take precedence.
2. Subject of Contract
2.1 The contracting parties agree to work together in accordance with the specific, individual contractual agreement. An employment contract is not wanted by the parties and is not justified.
Through WT WolfFunding Ltd, investors only obtain the software licenses that enable them to trade money on the futures markets with funds of a funding partner recommended by WT WolfFunding Ltd. The service provider only provides license purchases so that funds can be traded by the investor on the future markets through a funding company. Thus, the service provider is not an asset management or a capital management company.
2.2 The customer is responsible for extending his 1-year software license and managing his withdrawal requests.
2.3 The service provider is free to work for other partners and to allow other exclusive partners to work together.
2.4 A license holder is always obliged to submit proof of origin in accordance with the Money Laundering Act, but no later than when he wishes to pay out, as otherwise the bank will not be able to pay out.
2.5 In the event of failure to provide evidence of the origin of the funds, WT WolfFunding Ltd can reject the payment request in order not to be held liable.
2.6 WT WolfFunding reserves the right to refuse payment requests without giving reasons or, in the event of misconduct by a customer, to block his account until further notice and to discontinue support.
2.7 The exclusive partner or license holder is responsible for the social security contributions or tax issues and provides the service provider and his partner with WT WolfFunding Ltd. free from any obligations.
3. Conclusion of the contract
3.1 The subject matter of the contract or the precise title of the task is described separately in the written order or contract and explains the precise subject matter of the license (s).
4. Contract duration and termination – exclusive partner
4.1 The exclusive partner contract begins and ends at the individually agreed time and can be terminated by the service provider at any time, provided that the exclusive partner does not act in the interests of the service provider or causes damage to its image.
4.2 The exclusive partner contract can be properly terminated. In this regard, a period of two weeks to the end of the month is agreed.
5. Scope of services, obligations of the contractual partners
5.1 The services to be provided by the service provider usually include the tasks listed in detail, according to the order placed by the partner.
5.2 The service provider will periodically inform the partner about the result of his work. The contracting parties can agree on a schedule for the provision of services and a planned end date for the termination of services in the contract.
5.3 If the service provider is actually unable to perform an order as contractually owed, he must inform the partner immediately.
5.4 The service provider provides the equipment and personnel required to provide the service, unless the partner has the appropriate equipment or premises, unless otherwise agreed in an individual contract.
The parties endeavor to the best of their knowledge and belief to support the contractual partner in fulfilling the respective obligation by providing information, advice or experience in order to ensure a smooth and efficient workflow for both parties.
5.5 Each of the contractual partners can request changes to the agreed scope of services from another contractual partner in writing. After receiving a request for change, the recipient will check whether and under what conditions the change can be carried out and inform the applicant of the approval or rejection immediately in writing and, if necessary, give reasons. If a change request from the partner requires an extensive review, the service provider can charge the cost of the review with prior notice, provided that the partner nevertheless insists on the review of the change request.
If necessary, the contractual adjustments to the agreed conditions and services required for a review and / or a change are set out in writing in an amendment agreement and come about in accordance with these general terms and conditions.
6.1 A monthly invoice is agreed with the partner, which is based on the agreement in his contract. This amount is derived from the capital volume of its customers / investors and the percentage of the premium set with the service provider. The premium is based solely on the capital of its investor.
6.2 The sales tax will be invoiced at the sales tax rate applicable at the time of the service.
7.1 The service provider is liable in cases of intent or gross negligence in accordance with the statutory provisions. The liability for guarantees is independent of fault. The service provider is only liable for slight negligence in accordance with the provisions of the Product Liability Act, for injury to life, limb or health, or for breach of essential contractual obligations. The claim for damages for the slightly negligent breach of essential contractual obligations is limited to the contract-typical, foreseeable damage, unless liability is due to injury to life, limb or health. The service provider is liable to the same extent for the negligence of vicarious agents and representatives.
7.2 The regulation of the preceding paragraph (7.1) extends to compensation for damages in addition to the performance, compensation for damages instead of performance and the claim for compensation due to futile expenses, regardless of the legal reason, including liability for defects, delay or impossibility.
7.3 Investors act (trade) at their own risk and have no claim to damage in the event of a loss.
8. Switch licenses „Active“
8.1 A license package (one or more licenses at the same time) is usually activated on the 1st or 15th of the following month, provided that it is technically possible.
8.2 WT WolfFunding Ltd. reserves the right to wait for the money to be received before one or more licenses are activated.
9. Right of withdrawal
9.1 A customer has to revoke the purchase of one or more licenses within 14 days (fourteen) without giving reasons, provided that these have not yet been activated as per 8.1 or 8.2.
9.2 The customer was informed of the process described in 8.1 during the purchase process and is also displayed in his online area after the successful process.
9.3 The customer declares that he is ready to accept a shortened period of time or a right of withdrawal that is no longer applicable.
9.4 The option of revocation must be in writing (by post or email to firstname.lastname@example.org) and cannot be submitted via the online area or otherwise.
10. Switch to „active“ early
10.1 At the special request of the customer or partner, one or more licenses can be activated before the money is received and / or before the next 1st and 15th of the month.
10.2 In this case, the customer completely waives his right of withdrawal, as described
That means: The process of activation and registration with the funding partner is carried out by WT WolfFunding Ltd. in consultation with the customer / partner before the payment is received.
The customer / partner undertakes to pay the outstanding amount immediately without any right of revocation or delay.
11. Multiple license purchases
11.1 A customer / partner is able to acquire one or more licenses at the same time in his online area.
11.2 If a license is first acquired through the transfer option and then a license through the e-wallet option, the licenses are processed one after the other.
11.3 Activating the license paid for by the e-wallet cannot be done before the previously acquired license has been successfully activated.
11.4 Until the final activation of the licenses, the customer can revoke the purchase according to 9.1.
12. Dashboard and other systems
12.1 WT WolfFunding Ltd. reserves the right that trading does not take place on a daily basis and to pause trading for plausible reasons such as holidays, bugs, unsightly market behavior or in the event of inadmissible behavior on the part of the customer towards the operator.
12.2 Furthermore, WT WolfFunding Ltd. has got the right in the event of a failure of the dashboard or system as well as its maintenance to stop the respective one without giving reasons for 14 days if this is necessary.
13. Support and general typing
13.1 Above-average support requests, in a short to medium-term period, from an individual customer are classified as having a low priority in the system.
13.2 WT WolfFunding Ltd. reserves the right to discontinue support in the event of inadmissible inquiries and, if necessary, to terminate the customer without notice.
14. Place of jurisdiction
14.1 Cypress law applies exclusively to the business relationship between the parties.
The place of jurisdiction for all disputes arising from this contract is our place of business.
15. Other provisions
January 01, 2021