Terms and Conditions for MAM Services
1. Introduction
Welcome to Wealthfx.com’s MAM (Multi-Account Manager) services. By using our platform, you agree to the following Terms and Conditions, which govern your participation as a Fund Manager or Investor in our MAM services. Please read these terms carefully before proceeding.
2. Definitions
- Investor: A user who entrusts their funds to a MAM account managed by a Fund Manager.
- Fund Manager: A professional responsible for managing funds across multiple client accounts using a MAM system.
- MAM Account: A master account through which trades are executed and allocated to multiple client accounts.
- Profit Share: The portion of profits allocated to the Fund Manager as per agreed terms.
- Platform: The Wealthfx.com website and associated services.
3. Eligibility
Users must be at least 18 years old to participate.
Users must comply with all applicable laws and regulations in their jurisdiction.
Wealthfx.com reserves the right to verify user identity and eligibility.
4. Registration
Users must create an account on Wealthfx.com and provide accurate personal and financial information.
Fund Managers and Investors must agree to separate agreements outlining their specific roles and responsibilities.
5. Responsibilities of Investors
Investors acknowledge that all investments carry risk, and past performance does not guarantee future results.
Investors are responsible for selecting Fund Managers based on their performance and strategies.
Funds allocated to MAM accounts are at the Investor’s discretion and risk.
Investors may withdraw funds subject to the terms of their chosen MAM account.
6. Responsibilities of Fund Managers
Fund Managers must act in good faith and in the best interests of their Investors.
All trading activities must align with agreed strategies and objectives.
Fund Managers must provide transparent and accurate reporting of trades and performance.
Any misuse of funds or fraudulent activity will result in immediate account suspension and potential legal action.
7. Allocation and Profit Sharing
Trades executed in the MAM master account are proportionally allocated to client accounts based on the agreed allocation strategy.
Profit sharing is calculated and distributed at predefined intervals, typically monthly.
Wealthfx.com charges a service fee for facilitating MAM services, deducted from the Fund Manager’s share.
8. Risk Disclaimer
Investments in MAM accounts involve significant risks, including the loss of principal.
Wealthfx.com does not guarantee any profits or protect against losses.
Users are encouraged to diversify their investments and only allocate funds they can afford to lose.
9. Fees and Charges
Wealthfx.com charges fees for its services, as detailed in the Fee Schedule available on the platform.
Investors and Fund Managers agree to these fees upon registration.
10. Termination of Services
Users may terminate their participation in MAM services at any time by providing written notice.
Wealthfx.com reserves the right to suspend or terminate accounts for violations of these Terms and Conditions.
11. Confidentiality and Data Protection
Wealthfx.com is committed to protecting user data and maintaining confidentiality.
Personal information will be used in accordance with our Privacy Policy.
12. Limitation of Liability
Wealthfx.com is not liable for any losses incurred through MAM investments.
The platform acts as a facilitator and does not provide financial or investment advice.
13. Dispute Resolution
Any disputes arising from the use of MAM services will be resolved through arbitration in accordance with the laws of [Applicable Jurisdiction].
Users agree to attempt mediation before pursuing legal action.
14. Amendments
Wealthfx.com reserves the right to update these Terms and Conditions at any time. Users will be notified of significant changes via email or platform announcements.
15. Governing Law
These Terms and Conditions are governed by the laws of [Applicable Jurisdiction].
16. Contact Information
For questions or concerns regarding these Terms and Conditions, please contact our support team at [Insert Contact Information].