Terms & Risk Agreement
Please read this entire document and all of its terms. You can only proceed with the application once you've accepted this agreement.
This Agreement is made between Client (or “the Client”) and PlutusX Inc., (“Adviser”, “Advisor”). Adviser represents that is exempt from registration as an Investment Adviser under the Investment Adviser Act of 1940 and respective state laws. The adviser operates in the state of New Mexico.
The client agrees to hire Adviser as an Investment Adviser to provide Client with services and to manage the assets of the Client’s account (“Account”). The adviser agrees to perform these services for the Client. Both parties intend to be legally bound by this Agreement. Assets will be managed under FX Choice Limited which is authorized and regulated by the IFSC (Licence number: IFSC/60/191/TS/18)
PlutusX Inc. is not a custodian and does not handle any transactions. All of the money is being handled on our 3rd party broker FX Choice Limited who is an authorized and regulated broker by the IFSC.
All information furnished by Client to Adviser, including the Client's identity, shall be treated as confidential under Regulation S-P, Section 504 of the Gramm-Leach-Billey Act. Adviser agrees not to voluntarily disclose confidential information without Client's prior consent unless required by law, court order or agency directive, or unless Adviser expects, in its reasonable opinion, that it will be compelled by a court or government agency, or unless such information becomes publicly available or known other than as a result of actions of Adviser. However, Client authorizes Adviser to respond to inquiries from, and communicate and share information with, Client’s attorney, accountant and other professionals to the extent necessary in furtherance of Adviser’s services under this Agreement.
4) FEES AND EXPENSES
As compensation for the services that Adviser will provide to Client during each forthcoming monthly period, Client agrees to pay to the Adviser a fee which will be withdrawn automatically from our regulated broker at the end of a 4-week cycle.
The fee is as follows:
All profit and/or loss gets split into the ratio of 4:6 which means, the fund takes 40% and the Client takes 60% of the profits generated.
We only earn on performance, meaning, if we don't perform, we don't get paid.
The fund also functions on a high water mark level. Meaning if the Client goes under their initial deposit, we need to get them back above the original water level to be paid on any profits.
As already stated, the performance fee is automatically deducted at the end of every 4-week cycle from Client's trading account. A list of all the end dates for each cycle of year 2020 can be found here.
- PlutusX Inc. does not pay out any referral bonuses
- No annual management fee
- No onboarding fees
- No maintenance fees
5) RISK DISCLAIMER
Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any security.
PlutusX does not provide financial advice and investors are encouraged to consult with their personal financial advisors.
All investing involves risk, including the possible loss of money invested, and past performance does not guarantee future performance. Historical returns, expected returns, and probability projections are provided for informational and illustrative purposes only, and may not reflect actual future performance.
All investments, including Forex, Cryptocurrency and Commodities, are speculative in nature and involve substantial risk of loss. We encourage our investors to invest carefully. We also encourage investors to get personal advice from their own professional investment advisors and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable, but are without our independent verification. Therefore, we cannot assure that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action taken in reliance on our statements or recommendations.
Past performance is not indicative of future results. All investments carry risk and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any kind of investing they choose to do.