Your agreement with Picktan Capital Limited (‘Picktan Capital Limited ’) consists of the following terms set out for an advisory account. For the following terms, we have included ‘You’, ‘Your’, and ‘Client’, which refers to the ‘Individual’, ‘Person(s)’, or ‘Entity’ who is the registered owner of the account. The following terms, which include ‘Picktan Capital Limited ’ will refer to the company.
AMENDMENTS OF TERMS & CONDITIONS
Picktan Capital Limited is entitled to amend these Terms & Conditions without notice if the amendments are not materially adverse to the Client. Amendments of these Terms that are materially adverse to the Client may occur at any time by Picktan Capital Limited providing thirty days' notice.
WARRANTIES, INDEMNITIES & DEFAULT
The Client warrants and represents that: The Client has full power to enter into and perform its obligations under these Terms. The Client is willing and able, financially and otherwise, to assume the risk of making speculative investments. It complies with all laws to which it is subject, including, without limitation, all tax laws and regulations, exchange control requirements, sanctions, and registration requirements; the information provided by Picktan Capital Limited is complete, accurate, and not misleading in any material respect.
The Client authorises Picktan Capital Limited to buy, sell, apply, set off and/or charge in any manner any or all of the collateral in order to discharge any or all of the Client's obligations owed to Picktan Capital Limited .
If the Client is in breach of these Terms, including, but not limited to, (i) if the Client fails to make any payment or fails to do any other act required under these Terms, if the Client fails to remit funds necessary to enable Picktan Capital Limited to take delivery of any trade(s) on the first due date; if any representations or warranties given by the Client are, or become, untrue or misleading; Picktan Capital Limited shall not be liable for any failure, hindrance or delay in performing its obligations under these Terms where such failure, hindrance or delay is, directly or indirectly, Picktan Capital Limited shall not be liable for any losses due to any Force Majeure Event.
RESPONSIBILITY
The Client shall be responsible for all orders and instructions provided, the accuracy of all information in the Client's name, and any other personal identification means implemented to identify the Client.
The Client authorises Picktan Capital Limited on behalf of the Client, take any or all of the actions required to enforce and/or preserve Picktan Capital Limited 's rights, without notice to the Client, and the Client acknowledges that Picktan Capital Limited shall not be responsible for any losses or consequences associated with Picktan Capital Limited taking any such action unless Picktan Capital Limited has exercised negligence and materially breached these Terms.
SERVICE FEES
Picktan Capital Limited will charge commission and fees related to the purchase and sale of any investments. Fees will be charged as a fixed amount corresponding to the transaction; this will be a one percent charge on the purchase and sale of all asset classes by Picktan Capital Limited .
RISK ACKNOWLEDGEMENT
Any investments include risks, and the Client has received no assurance otherwise and no guarantees of profit or similar representations from unless specifically stated in the investment agreement.
ADVISORY SERVICE
Picktan Capital Limited provides advisory services to the Client unless otherwise agreed. Picktan Capital Limited accepts no obligation to provide information or recommendations regarding any financial product or Service.
When Picktan Capital Limited includes advice, information, or recommendations to the Client, Picktan Capital Limited makes no representation, warranty, or guarantee as to, and shall not be responsible for, the profitability, accuracy or completeness of such advice, information or recommendations.
Picktan Capital Limited does not provide any advice to the Client on any tax-related matters. Picktan Capital Limited encourages the Client to obtain independent advice from its auditor and/or legal counsel concerning tax implications of the respective Services.
The Client acknowledges, recognises, and accepts that: Any recommendation and any information communicated by Picktan Capital Limited does not constitute an offer to enter into a trade(s) or an offer to buy or sell or the solicitation of an offer to buy or sell any Instrument.
Such recommendation and information, although based upon information from sources believed by Picktan Capital Limited to be reliable, may be based solely on a broker's opinion. Any information communicated may be incomplete and may be unverified and/or unverifiable.
TERMINATION
The Client relationship shall remain in force until terminated. The Client is entitled to terminate the relationship with Picktan Capital Limited immediately by giving written notice. Picktan Capital Limited is entitled to terminate the relationship with the Client by providing a minimum of one month's notice on a durable medium.
ACCOUNT AUTHORISATION
By signing below you are agreeing to the Terms & Conditions, you acknowledge that your agreement signifies and establishes your relationship with Picktan Capital Limited .