Refund Policy
Clear and transparent refund terms for Bitlax Smart AI services
Last Updated: January 15, 2025
14-Day Money-Back Guarantee
We offer a 14-day money-back guarantee for new subscribers to try our AI trading platform risk-free.
1. Overview
At Bitlax Smart AI, we are confident in the quality of our AI trading platform and services. This Refund Policy outlines the circumstances under which refunds may be requested and the process for obtaining them. We strive to ensure customer satisfaction while maintaining fair and transparent policies.
2. Refund Eligibility
2.1 Subscription Refunds
Refunds for subscription fees may be available under the following conditions:
Plan Type | Refund Period | Conditions | Refund Amount |
---|---|---|---|
Starter Plan | 14 days from activation | No trades executed or less than $100 in trades | 100% of subscription fee |
Professional Plan | 14 days from activation | No trades executed or less than $2000 in trades | 100% of subscription fee |
Enterprise Plan | 30 days from activation | Custom terms based on agreement | Prorated based on usage |
First-Time Users
New subscribers who have never used Bitlax Smart AI services are eligible for our full money-back guarantee within the specified refund period, regardless of trading activity.
2.2 Performance Fee Refunds
Performance fees charged on profitable trades are generally non-refundable. However, refunds may be considered in cases of:
- System errors that resulted in incorrect fee calculations
- Unauthorized trades due to technical malfunctions
- Pricing errors or billing mistakes
2.3 Non-Refundable Items
The following are not eligible for refunds:
- Trading losses due to market movements
- Subscription fees after the refund period has expired
- Third-party fees (brokerage commissions, data feeds, etc.)
- Setup or onboarding fees for Enterprise customers
- Custom development or integration services
3. Refund Process
To request a refund, please follow these steps:
Step 1: Contact Support
Submit a refund request through our support system or email [email protected] with your account details and reason for the refund request.
Step 2: Provide Documentation
Include relevant documentation such as account statements, error messages, or screenshots that support your refund request.
Step 3: Review Process
Our team will review your request within 2-3 business days and may request additional information if needed.
Step 4: Approval & Processing
If approved, refunds will be processed within 5-7 business days to your original payment method.
4. Specific Refund Scenarios
4.1 Technical Issues
System Malfunctions
If technical issues prevent you from using our platform effectively, we may offer:
- Full refund if the issue occurs within the refund period
- Service credits for extended downtime
- Prorated refunds for partial service disruptions
4.2 Unauthorized Trades
In cases where trades are executed without proper authorization due to:
- Account security breaches
- System glitches or bugs
- Incorrect algorithm behavior
We will investigate the incident and may provide refunds for associated fees and documented losses directly attributable to our platform errors.
4.3 Billing Errors
If you are charged incorrectly due to:
- Pricing display errors
- Double billing
- Incorrect plan assignments
- Failed cancellation processing
We will correct the billing error and refund any overcharges within 5 business days.
5. Cancellation and Refunds
5.1 Subscription Cancellation
You may cancel your subscription at any time through your account settings or by contacting support. Upon cancellation:
- Your access continues until the end of the current billing period
- No further charges will be made
- Refunds for unused time depend on your plan and timing
5.2 Mid-Cycle Cancellations
Cancellation Timing | Refund Eligibility | Processing Time |
---|---|---|
Within 14 days of billing | Prorated refund available | 5-7 business days |
After 14 days of billing | No refund (service continues until period end) | N/A |
Annual subscriptions | Prorated refund for unused months | 7-10 business days |
6. Special Circumstances
6.1 Compassionate Refunds
In exceptional circumstances such as:
- Serious illness or medical emergencies
- Job loss or significant financial hardship
- Death of the account holder
We may consider refunds outside our standard policy on a case-by-case basis. Please contact our support team with relevant documentation.
6.2 Regulatory Refunds
If regulatory changes make our services unavailable in your jurisdiction, we will provide prorated refunds for any unused subscription periods.
7. Refund Processing
7.1 Payment Methods
Refunds will be processed to your original payment method:
- Credit Cards: 3-5 business days
- Bank Transfers: 5-7 business days
- PayPal: 1-3 business days
- Cryptocurrency: 1-2 business days
7.2 International Refunds
For international customers:
- Refunds are processed in the original currency
- Bank fees or currency conversion charges may apply
- Processing may take additional time due to international banking procedures
8. Dispute Resolution
If you are not satisfied with our refund decision, you may:
- Request a review by our customer service manager
- Escalate to our disputes resolution team
- Contact the Better Business Bureau
- Initiate a chargeback with your credit card company
9. Refund Limitations
9.1 Time Limits
All refund requests must be submitted within:
- 6 months of the original transaction date
- 30 days of discovering billing errors
- The refund period specified for your plan type
9.2 Account Status
Refunds may be denied or delayed if:
- Your account is under investigation for suspicious activity
- You have violated our Terms of Service
- There are outstanding charges or fees on your account
- You have previously received refunds for similar issues
10. Changes to Refund Policy
We reserve the right to modify this Refund Policy at any time. Changes will be communicated through:
- Email notifications to active subscribers
- In-app notifications
- Updates to our website
Continued use of our services after changes take effect constitutes acceptance of the revised policy.
11. Contact Information
Refund Requests & Support
Email: [email protected]
Phone: +61 (412) 345 678
Live Chat: Available through your account dashboard
Business Hours: Monday-Friday, 9:00 AM - 5:00 PM AEST
Billing Department
Email: [email protected]
Phone: +61 (412) 345 678
Mailing Address
Bitlax Smart AI Technologies Inc.
Attention: Refunds Department
17 and 20, 17/31 Queen St
Melbourne VIC 3000
Australia
Response Time: We aim to respond to all refund requests within 48 hours during business days.