General Terms and Conditions for the Plutos platform
These Terms of Service govern the use of the Plutos platform (the „Platform") operated by Marcus Aurum (the „Provider") by registered users. By registering, the user accepts these terms as binding. Any deviating terms of the user are not recognized.
The Platform is intended exclusively for users resident in the European Economic Area (EEA) and is expressly not intended for U.S. Persons within the meaning of Regulation S under the U.S. Securities Act of 1933 (in particular natural persons resident in the United States, U.S. nationals, or persons subject to U.S. taxation). Registration by U.S. Persons as well as use of the Platform from within the territory of the United States of America is prohibited. The Provider does not provide any securities services within the meaning of the U.S. Securities Act, the Investment Advisers Act, or the Investment Company Act, and neither actively solicits nor accepts customers in the United States. Users are obliged to delete their account, or to request its deletion, upon relocating to the United States or becoming a U.S. Person.
The Platform provides registered users with tools for collaborative stock valuation, knowledge management, and exchange within user groups („Circles"). Use of the Platform is currently free of charge; a statutory right of withdrawal under §§ 355 et seq. BGB does not exist for gratuitous contracts. The specific features are determined by the current offering of the Platform. The Provider reserves the right to modify, extend, or discontinue features (see Legal Notice, section „Availability and Right to Change").
The user contract between the Provider and the user is concluded by the user submitting the completed registration form and the activation of the user account by the Provider. The user receives a confirmation e-mail at the address provided after submitting the registration form. There is no entitlement to conclusion of a contract; the Provider is entitled to reject registrations without stating reasons.
Use of the Platform is permitted exclusively to natural persons of full age (minimum age 18 years) as well as to legal entities and partnerships with legal capacity. By registering, the user confirms that he meets this requirement.
Use of the Platform requires registration. The user warrants that the information provided during registration is truthful and complete and undertakes to keep it up to date. The user is obliged to keep his access credentials confidential and to inform the Provider without delay if there are indications of account misuse.
The user undertakes to use the Platform only within the framework of applicable laws and these terms. In particular, the following is prohibited:
Disclosure of economic interests (Art. 20 MAR): Users who publicly rate, recommend, or discuss securities, financial instruments, or issuers are obliged to disclose in the respective post all existing economic interests, or those existing within the past six months, in particular own holdings of the discussed securities, planned buy or sell intentions, and any compensation from third parties for the creation or dissemination of the post. This applies mutatis mutandis to investment theses, ratings, and analyses.
The user retains ownership of the rights to the content he posts. However, he grants the Provider the non-exclusive, geographically and temporally unrestricted, royalty-free right to store, technically process, make accessible to other users, and use this content for platform-internal analyses (including AI-assisted) as part of platform operation. The user warrants that he holds all rights necessary for the content posted and indemnifies the Provider against third-party claims arising from any rights infringement caused by his content.
Upon deletion of the user account, content posted by the user (in particular ratings, comments, investment theses, and other contributions in Circles) generally remains on the Platform in anonymized form. Personal references (username, profile information) are removed or replaced with a neutral identifier. The user grants the Provider the right to continue using the anonymized content in the previous scope after account deletion. If the user instead wishes the complete deletion of his content, he may request this upon account deletion or at any time thereafter by e-mail to admin@plutos.cloud; the Provider will comply with the request unless statutory retention obligations or overriding legitimate interests preclude this.
The Provider is entitled to suspend user accounts temporarily or close them permanently if there are concrete indications of a violation of these terms or applicable law. In addition, the Provider reserves the right to suspend or close user accounts at any time without stating reasons and without prior notice; the user has no claim to the maintenance of the account. The user may delete his account at any time. The right to extraordinary termination for cause remains unaffected on both sides.
Pursuant to Art. 16 of Regulation (EU) 2022/2065 (Digital Services Act, „DSA"), the Provider provides a notice mechanism through which any natural or legal person may notify content hosted on the Platform that they consider to be illegal. Notices should preferably be submitted via the reporting function provided on the Platform (accessible on each reportable item). Alternatively, notices may be sent by e-mail to admin@plutos.cloud or by post to Marcus Aurum, c/o IP-Management #11307, Ludwig-Erhard-Straße 18, 20459 Hamburg.
The notice should contain: (a) a sufficiently substantiated explanation of the reasons why the content is considered illegal, (b) a clear indication of the exact electronic location (URL) of the content, (c) the name and contact details of the notifier (except for notices concerning offences under Articles 3 to 7 of Directive 2011/93/EU), (d) a statement of good-faith belief that the information and allegations contained therein are accurate and complete. The Provider confirms receipt of the notice without undue delay and processes it diligently, non-arbitrarily, and objectively.
Affected users receive a reasoned decision by e-mail pursuant to Art. 17 DSA upon removal of content or suspension of an account. Against moderation decisions, affected persons may lodge a complaint by e-mail to admin@plutos.cloud within six months (internal complaint-handling system, Art. 20 DSA). The complaint is processed without undue delay under the supervision of qualified personnel and not exclusively by automated means. The right to out-of-court dispute settlement pursuant to Art. 21 DSA as well as the right to seise the courts remain unaffected.
Content, valuations, and analyses on the Platform are provided for informational purposes only and do not constitute investment advice within the meaning of the German Securities Trading Act (WpHG). Please refer to the corresponding section in the Legal Notice for further details.
The Provider is liable without limitation for intent and gross negligence as well as under the provisions of the Product Liability Act. For simple negligence, the Provider is liable only for breach of a material contractual obligation (cardinal obligation), limited in amount to the contract-typical, foreseeable damage. Liability for user-generated content is governed by §§ 8 to 10 DDG (see Legal Notice).
Information on the processing of personal data can be found in the Privacy Policy.
The Provider reserves the right to amend these terms with effect for the future if this is necessary for technical, legal, or economic reasons. Registered users will be informed of amendments by e-mail at least six weeks before they take effect and may object to the amendment within this period; in the event of an objection, the Provider is entitled to terminate the user relationship.
The contract language is German. The English version is provided for information purposes only; in case of discrepancies, the German version shall prevail. The current version of these Terms of Service is permanently available on the Platform under the path /agb and may be saved and printed by the user.
The laws of the Federal Republic of Germany apply, excluding the UN Convention on Contracts for the International Sale of Goods (CISG). For disputes arising from or in connection with this contract, the statutory place of jurisdiction applies. Mandatory consumer-protection provisions of the law of the state in which the consumer has his habitual residence remain unaffected. Should individual provisions be invalid, this shall not affect the validity of the remaining provisions.
Last updated: 7 August 2026
This English version is provided for convenience. In case of discrepancies between the German and English versions, the German version shall prevail.