TEAR SHEET PROGRAM

SUMMARY

The client puts no money into the deal, but instead only shows their Online Banking Screenshot and CIS to begin. The Platform releases their own cash settlement funds and puts those funds into the Trade account for the JV Trade. The client does not block, hold or SWIFT their own money, their money remains in their own account and they are free to use it for ongoing business.

TERMS & CONDITIONS

For the JV with the Trade Platform; this results in 20% per week net of taxes to the Client, paid weekly for a minimum of 8 weeks. The trader may offer the option of up to 40 weeks, depending on various banking and timing variables.

SUBMISSION PROTOCOL

CIS + POF “Full Screen” Screenshot. This is sufficient to start the Due Diligence process which will take 3-5 business days to go through compliance.

DEAL SUMMARY

Profits: 20% gross to client – this is net of an already deducted JV allocation (50%), net of all taxes and net of all fees (1%). NET 20% per week for 8 weeks. (160% for the entire duration of the 8 week program). Profits will of course be higher if the Trade duration is extended beyond 8 weeks by the trader.

A fee of 10% will be deducted from the 20% for services performed. (For example; a 1B account will return the client 200M each week, minus the 10%, which will equal 180M net to the client)
Preferred Trade Value: 100M minimum with a maximum of 1B.
Bank Requirement: The client must have funds in Top Rated International Hong Kong and Singapore Banks with trading capabilities. No restricted and non-trade banks are allowed.
Required Documentation: A fresh POF (Account Statement + internet screenshot) will be required upon submission of the client’s CIS (see template attached or use client’s existing version). Due Diligence will take 3-5 business days.
Trade Duration: 8 weeks minimum, up to 40 weeks depending on multiple variables. The Trade group will decide which maximum duration is available to the client.
Account Restrictions: The client is not required to block, hold, or SWIFT and does not need to add the trader to their account. The client can deplete the account down to approximately 20% of the balance shown on the POF. Therefore, the client may spend roughly 80% of the funds presented to the trader and they are welcome to continue using the account as a transactional account for ongoing business, as usual during the trade.
Distribution Schedule: Paid every Friday and first payment estimated to come 5 business days after trade commencement.
Taxes Paid: The client will receive an EU tax settlement receipt with each weekly payment and funds are 100% discretionary.
No Projects required: No project funding is required and distributions are fully discretionary once received by the client. Distributions are classed M-0 and free and clear for use.
Limitations: Funds MUST be “on-ledger” and not “off-ledger” and the client must be able to use those funds freely and they must be unencumbered. Heritage and blocked funds are not acceptable.
Benefits of the JV with the Trade Platform: No collateral from the client is needed (hence the screenshot / CIS only for POF) since the Trade Group is using their own cash to mirror the client’s value.
Board Resolution to appoint Trade Group as “Paymaster”: To associate the Trade Group Principal to the trade, since there is no collateral being put up by the client and the traders are using their own Cash and not Credit Lines, the client must sign a board resolution, to simply assign the JV Trade Group Principal as “designated paymaster for this transaction” since it is their capital and they will disseminate profits accordingly, per contract terms.
There is a 1% management fee, which has already been taken off the top to get to the client’s weekly 20% net profit.