Common use of COMMISSIONS, CHARGES AND OTHER COSTS Clause in Contracts

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc (the “Costs”). In addition to those Costs, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Website. 23.2. When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.3. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, which may be required for the currying out of the transactions under this Agreement. 23.7. The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 10 contracts

Samples: CFDS Client Agreement, CFDS Client Agreement, CFDS Client Agreement

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COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. 23.1 The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc (the “Costs”). In addition to those Costs, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Website. 23.2. 23.2 When providing a service to a Client, the Company may pay or receive fees, commissions commissions, or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent Extent required by law, the Company will provide information on such benefits to the Client on request. 23.3. request 23.3 Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. 23.4 The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. 23.5 The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. 23.6 The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, which may be required for the currying out of the transactions under this Agreement. 23.7. 23.7 The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. 23.8 The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. 23.9 The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc (the “Costs”). In addition to those Costs, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Website. 23.2. When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.3. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, which may be required for the currying out of the transactions under this Agreement. 23.7. The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so.by 23.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 2 contracts

Samples: CFDS Client Agreement, CFDS Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.19.1. The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc (the “Costs”). In addition to those Costs, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company WebsiteCompanyWebsite. 23.29.2. When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.39.3. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.59.4. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.69.5. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, documentation which may be required for the currying carrying out of the transactions under this Agreement. 23.79.6. The Company may vary its charges from time to time without any consultation or prior consent from the Clienttime. The Company will notify the Client of Page17 any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, date which the Company specifies in its notification to the Client. The Company will endeavour endeavor to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: CFDS Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc etc. (the “Costs”). In addition to those Costs, other costs may be due by to the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in on the Company Website. 23.2. When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.3. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company Company, and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value value- added taxes), arising out of or in connection with any Transaction. 23.6. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, which may be required for the currying carrying out of the transactions under this Agreement. 23.7. The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment treatment, or it is otherwise impractical for the Company to do so. 23.8. The Client will pay the Company any an amount which he owes, when due, in freely transferable, cleared and available same same-day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: CFDS Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. 15.1 The provision of services Services is subject to the payment of costs, fees, commissions, charges, taxes, etc charges to the Company (the Costs). Costs to the Company are set out in the Contract Specifications in the Company’s Website. In addition to those Costs, other costs commissions and charges may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs. 15.2 Costs may appear as a percentage of the value of the CFD, therefore the Client has the responsibility to understand how Costs are calculated. 15.3 The Company will provide the Client with daily reports on the sum of all costs and charges. The Client has the commissions, charges right to request and other costs set. Costs to the Company are set out in the Company Websiteshall provide upon such request an analytic itemized outline of such costs. 23.2. 15.4 When providing a service to a Client, the Company may pay or receive fees, commissions or other non-non- monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by lawApplicable Regulations, the Company will provide provides information on such benefits benefits, including the amount or benefit or, if not available, the method of calculation of such amounts, to the Client on requestin the Contract Specifications or Company Website. 23.3. 15.5 Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. 15.6 The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. 15.7 The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, documentation which may be required for the currying carrying out of the transactions under this Agreement. 23.7. The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. 16.1 The provision of services Services is subject to the payment of costs, fees, commissions, charges, taxes, etc charges to the Company (the Costs). Costs to the Company are set out in the Contract Specification or Fee schedule. In addition to those Costs, other costs commissions and charges may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs. 16.2 Costs may appear as a percentage of the value of the CFD, therefore the Client has the responsibility to understand how Costs are calculated. 16.3 The Company will provide the Client with daily reports on the sum of all costs and charges. The Client has the commissions, charges right to request and other costs set. Costs to the Company are set out in the Company Websiteshall provide upon such request an analytic itemized outline of such costs. 23.2. 16.4 When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by lawApplicable Regulations, the Company will provide provides information on such benefits benefits, including the amount or benefit or, if not available, the method of calculation of such amounts, to the Client on requestin the Contract Specifications or Company Website or Fee schedule. 23.3. 16.5 Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. 16.6 The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. 16.7 The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, documentation which may be required for the currying carrying out of the transactions under this Agreement. 23.716.8 The Client acknowledges and accepts that the Company reserves the right, at its sole discretion, to impose a monthly inactivity fixed fee of 20.00 EUR/USD/GBP/CHF (depending on the base currency of the client account) after a period of three consecutive months of no trading activity (trading or funding), subject to the client having sufficient funds available. This fee will not be charged for accounts which have not yet been funded. Under specific circumstances, including but not limited to where less funds are available in the account, the Company reserves the right to impose a lower amount and consider the Client’s Account as dormant/inactive. If the Client is inactive for two years or more, the Company reserves the right to close the Client Account and notify the Client accordingly. Any bank, custody fees or related fees will be deducted from the Client Money. 16.9 The Company may vary its charges Costs from time to time without any consultation or prior consent from the Clienttime. The Company will notify send a Written Notice to the Client informing of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, date which the Company specifies in its notification to the Client. The Company will endeavour endeavor to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.816.10 From Friday to Monday Swaps are calculated once. The Client will pay From Wednesday to Thursday Swaps are calculated in triple size. Exceptions apply, please refer to Contract Specifications for more information. 16.11 In case of a corporate action on the underlying security of a CFD, ETFs, and any cash indices, the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, will transfer to its clients the economic effect (either positive or negative) of such action as if they were holding the underlying security as shareholders. This transfer will be done in the currency and form of cash adjustment, position adjustment, delivery of a new security or CFD, or combination of these according to the accounts which will particular corporate action. If the corporate action is complex and the Company is unable to accurately determine the adjustment, the affected position may be specified, and without making any off-set, counterclaim, deduction or withholding of closed before the Client in order to settle any obligations owed ex- date. 16.12 Based on the ordinary dividends paid by the Client constituents of each index that is subject to the Company. 23.9. The Client acknowledges and agrees that dividend events, the Company will determine the adjustments on Cash Index CFDs in the following way: - Long (Buy) trades are credited with the number of points by which the respective index has the absolute right to detach and acquire any equity owned been adjusted multiplied by the Client when such equity is generated trade size. - Short (Sell) trades are debited with the number of points by a credit granted which the respective index has been adjusted multiplied by the trade size. Additionally, taxes on Italian CFDs on Single Stocks are deducted by the Company from the trading accounts and paid to the ClientItalian Tax Authorities under the applicable Italian financial transaction tax rates.

Appears in 1 contract

Samples: Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. 23.1 The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc (the “Costs”). In addition to those Costscosts, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Website. 23.2. 23.2 When providing a service to a Client, the Company may pay or receive fees, commissions commissions, or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.3. request 23.3 Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. 23.4 The Client may also be liable for other taxes which that are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. 23.5 The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value value-added taxes), arising out of or in connection with any Transaction. 23.6. 23.6 The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, which may be required for the currying carrying out of the transactions under this Agreement. 23.7. 23.7 The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. 23.8 The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same same-day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. 23.9 The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: Client Agreement

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COMMISSIONS, CHARGES AND OTHER COSTS. 23.120.1. The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc etc. (the “Costs”). In addition to those Costs, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Website. 23.220.2. When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under XDELľA MU LľD | Clic⭲t Agíccmc⭲t | Rcg. No : 17659« | ľIC No : 27®576«« | Ḻicc⭲sc No : GB20025745 | xxx.xxxxxx.xxx Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.320.3. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.420.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.520.5. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.620.6. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, which may be required for the currying out of the transactions under this Agreement. 23.720.7. The Company may vary its charges from time to time without any consultation or prior consent from the Client. The Company will notify the Client of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Websiteemail. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax XDELľA MU LľD | Clic⭲t Agíccmc⭲t | Rcg. No : 17659« | ľIC No : 27®576«« | Ḻicc⭲sc No : GB20025745 | xxx.xxxxxx.xxx treatment or it is otherwise impractical for the Company to do so. 23.820.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.920.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.19.1. The provision of services is subject to the payment of costs, fees, commissions, charges, taxes, etc (the “Costs”). In addition to those Costs, other costs may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Website. 23.29.2. When providing a service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as permissible under Applicable Regulations. To the extent required by law, the Company will provide information on such benefits to the Client on request. 23.39.3. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.59.4. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.69.5. The Client undertakes to pay all stamp expenses relating to this Agreement and any documentation, documentation which may be required for the currying carrying out of the transactions under this Agreement. 23.79.6. The Company may vary its charges from time to time without any consultation or prior consent from the Clienttime. The Company will notify the Client of Page17 any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, date which the Company specifies in its notification to the Client. The Company will endeavour endeavor to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: CFDS Client Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. The provision of services Services is subject to the payment of costs, fees, commissions, chargesdaily funding for CFDs, taxes, etc charges to the Company (the “Costs”), which are set out in the Contract Specifications or on the Company Site. In addition to those Costs, other costs commissions and charges may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Websitecosts. 23.2. a. Certain types of Costs may appear as a percentage of the value of the CFD, therefore the Client has the responsibility to understand how Costs are calculated. b. When providing a service Service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as or Introducers to the extent permissible under Applicable Regulations. To the extent required by lawApplicable Regulation, the Company will provide information on such benefits to the Client on request. 23.3. c. Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. d. The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. e. The Client undertakes to pay all stamp duties and other expenses relating to this Agreement and any documentation, documentation which may be required for the currying out of the transactions under this Agreement. 23.7. f. The Company may vary its charges Costs from time to time without any consultation or prior consent from the Clienttime. The Company will notify send a Written Notice to the Client informing of any changes, before they come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, date which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one five Business Day Days’ notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. Swaps are calculated with the basis of the interbank market price. 23.8. The Client will pay g. All CFDs conducted with the Company any relate to open-ended margined products that require funding on a daily basis. h. Any amount which he owesis not paid in accordance with the above paragraphs or elsewhere in this Agreement on the due date therefore shall bear interest at the Applicable Rate plus 4% per annum, when due, in freely transferable, cleared and available same for each day funds, in the currency and to the accounts for which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Companysuch amount remains unpaid. 23.9. The Client acknowledges and agrees that the Company has the absolute right to detach and acquire any equity owned by the Client when such equity is generated by a credit granted by the Company to the Client.

Appears in 1 contract

Samples: Terms and Conditions of Services Agreement

COMMISSIONS, CHARGES AND OTHER COSTS. 23.1. 13.1 The provision of services Services is subject to the payment of costs, fees, commissions, chargesdaily funding for CFDs, taxes, etc charges to the Company (the “Costs”), which are set out in the Contract Specifications or on the Company Site. In addition to those Costs, other costs commissions and charges may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs the commissions, charges and other costs set. Costs to the Company are set out in the Company Websitecosts. 23.2. 13.2 Certain types of Costs may appear as a percentage of the value of the CFD, therefore the Client has the responsibility to understand how Costs are calculated. 13.3 When providing a service Service to a Client, the Company may pay or receive fees, commissions or other non-monetary benefits from third parties as far as or Affiliates to the extent permissible under Applicable Regulations. To the extent required by lawApplicable Regulation, the Company will provide information on such benefits to the Client on request. 23.3. 13.4 Details of any taxes which the Company is required to pay on the Client’s behalf will be stated on Confirmations issued to the Client. 23.4. The Client may also be liable for other taxes which are not collected by the Company and the Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. 23.5. 13.5 The Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. 23.6. 13.6 The Client undertakes to pay all stamp duties and other expenses relating to this Agreement and any documentation, documentation which may be required for the currying out of the transactions under this Agreement. 23.7. 13.7 The Company may vary its charges Costs from time to time without any consultation or prior consent from the Clientin its sole discretion. The Company will notify the Client provide to Client, where reasonable, with a Written Notice informing of any changes, before they changes that come into effect, by internal mail via the Trading System, or by email or by placing a notice on its Website. The variation will take effect from the date, which the Company specifies in its notification to the Client. The Company will endeavour to provide the Client with at least one Business Day notice of such alteration save where such alteration is based on a change in interest rates or tax treatment or it is otherwise impractical for the Company to do so. 23.8. The Client will pay the Company any amount which he owes, when due, in freely transferable, cleared and available same day funds, in the currency and to the accounts which will be specified, and without making any off-set, counterclaim, deduction or withholding of the Client in order to settle any obligations owed by the Client to the Company. 23.9. The Client acknowledges and agrees that all information as well as subsequent updates relating to Contract Specifications shall be found online at xxx.xxxxxxxx.xx. Further, the Client acknowledges that it is their sole responsibility to remain informed of any subsequent updates and/or amendments on this matter. 13.8 Swaps are calculated with the basis of the interbank market price. 13.9 All CFDs conducted with the Company has relate to open-ended margined products that require funding on a daily basis. 13.10 Any amount which is not paid in accordance with the absolute right to detach and acquire any equity owned by above paragraphs or elsewhere in this Agreement on the Client when due date therefore shall bear interest at the Applicable Rate plus 4% per annum, for each day for which such equity is generated by a credit granted by the Company to the Clientamount remains unpaid.

Appears in 1 contract

Samples: Client Agreement

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