Company Fees. 17.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website. 17.2. The Company reserves the right to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure. 17.3. 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, unless the Client is required to do so by law. 17.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the Client to the Company. 17.5. Where applicable, the Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform. 17.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts. 17.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments. 17.8. The Client acknowledges and accepts that in the case of no activity for a period of one (1) month (no deposits, withdrawals or trading activity) in the Trading Account, the Company reserves the right to charge a maintenance fee of 10 USD (or currency equivalent), subject to the Client having sufficient funds available in return for the provision of the continued availability of the Trading Account. 17.9. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Company Fees. 17.1
16.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website.
17.216.2. The Company reserves the right to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.316.3. 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, unless the Client is required to do so by law.
17.416.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the Client to the Company.
17.516.5. Where applicable, the Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.616.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.716.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.
17.816.8. The Client acknowledges and accepts that in the case of no activity for a period of one (1) month (no deposits, withdrawals or trading activity) in the Trading Account, including funding or trading, within one month, the Company reserves the right to charge a maintenance fixed administrative fee of 10 USD (or currency equivalent)30 USD, subject to the Client having sufficient funds available. You agree that we may deduct this fee from any funds held by us on your behalf. In the case the funds are not available in return for the provision of Company will charge a lower amount and close the continued availability of the Trading Client’s Account.
17.916.9. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Company Fees. 17.115.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Websiteaccordingly.
17.215.2. The Client agrees that the Company reserves the right is entitled to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at fees unilaterally without any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.consultation or prior
17.315.3. The Client will pay the Company any amount which he 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, unless the Client is required to do so by law.
17.415.4. The Company may deduct any sum which is due and owing to it from the Client its charges from any funds which it holds on the Client’s behalf. For this purpose, the The Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed owned by the Client to the CompanyClient.
17.515.5. Where applicable, the The Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his His Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.615.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.715.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.similar
17.815.8. The Client acknowledges and accepts that in the case of no activity for a period of one activity, funding (1deposits/withdrawals/transfers) month (no depositsor trading, withdrawals or trading activity) in the Trading Accountwithin 3 months, the Company reserves the right to charge a maintenance fixed administrative fee of 10 USD (or currency equivalent)20 Euros per month thereafter, subject to the Client having sufficient funds available. In the case the funds are not available the Company will charge a lower amount and archive the Client’s Account(s).
15.9. The Client acknowledges and accepts that in return case of a funding Transaction below 50 Dollars or equivalent, the Company reserves the right to charge a fixed fee of 25% (max 12.5 USD) or equivalent on each Transaction. In addition, the Client acknowledges and accepts that, in the case where the Company is charged a fee for receiving a Client deposit or sending a Client withdrawal, the provision Company reserves the right to pass on this fee to the Client.
15.10. The Client acknowledges and accepts that in the case of withdrawal without achieving the minimum trading activity of 500,000 USD in closed volume, the Company reserves the right to charge an extra fixed administrative fee of 5% (max 500 USD) or equivalent, of the continued availability of the Trading Accountwithdrawal amount, on each withdrawal Transaction.
17.915.11. By accepting this Agreement, the Client has read, read and understood the ‘Account Types’ and accepted all the charges as these are uploaded ‘Instruments’ pages on the Company’s Website, in which all related commission, costs and financing fees overnight Swap Rates/Financing Fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees Swap Rates/Financing Fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.’s
Appears in 1 contract
Samples: Terms and Conditions
Company Fees. 17.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website.
17.2. The Company reserves the right to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.3. 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, unless the Client is required to do so by law.
17.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the Client to the Company.
17.5. Where applicable, the Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.
17.8. The Client acknowledges and accepts that in the case of no activity for a period of one (1) month (no deposits, withdrawals or trading activity) in the Trading Account, the Company reserves the right to charge a maintenance fee of 10 USD (or currency equivalent), subject to the Client having sufficient funds available in return for the provision of the continued availability of the Trading Account.
17.9. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 1 contract
Samples: Client Agreement
Company Fees. 17.116.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website.
17.216.2. The Company reserves the right to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.316.3. 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, unless the Client is required to do so by law.
17.416.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the Client to the Company.
17.516.5. Where applicable, the Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.616.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.716.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.
17.816.8. The Client acknowledges and accepts that in the case of no activity for a period of one (1) month (no deposits, withdrawals or trading activity) in the Trading Account, including funding or trading, within one month, the Company reserves the right to charge a maintenance fixed administrative fee of 10 USD (or currency equivalent)100 USD, subject to the Client having sufficient funds available. In the case the funds are not available in return for the provision of Company will charge a lower amount and close the continued availability of the Trading Client’s Account.
17.916.9. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 1 contract
Samples: Terms and Conditions
Company Fees. 17.115.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Websiteaccordingly.
17.215.2. The Client agrees that the Company reserves the right is entitled to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at fees unilaterally without any times by notification posted on its Website and without further notice to consultation or prior consent from the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.315.3. The Client will pay the Company any amount which he 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, unless the Client is required to do so by law.
17.415.4. The Company may deduct any sum which is due and owing to it from the Client its charges from any funds which it holds on the Client’s behalf. For this purpose, the The Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed owned by the Client to the CompanyClient.
17.515.5. Where applicable, the The Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his His Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.615.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.715.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.similar
17.815.8. The Client acknowledges and accepts that in the case of no activity for a period of one activity, funding (1deposits/withdrawals/transfers) month (no depositsor trading, withdrawals or trading activity) in the Trading Accountwithin 3 months, the Company reserves the right to charge a maintenance fixed administrative fee of 10 USD 20 Euros per
15.9. The Client acknowledges and accepts that in case of a funding Transaction below 50 Dollars or equivalent, the Company reserves the right to charge a fixed fee of 25% (max 12.5 USD) or currency equivalent)equivalent on each Transaction. In addition, subject the Client acknowledges and accepts that, in the case where the Company is charged a fee for receiving a Client deposit or sending a Client withdrawal, the Company reserves the right to pass on this fee to the Client.
15.10. The Client having sufficient funds available acknowledges and accepts that in return for the provision case of withdrawal without achieving the minimum trading activity of 500,000 USD in closed volume, the Company reserves the right to charge an extra fixed administrative fee of 5% (max 500 USD) or equivalent, of the continued availability of the Trading Accountwithdrawal amount, on each withdrawal Transaction.
17.915.11. By accepting this Agreement, the Client has read, read and understood the ‘Account Types’ and accepted all the charges as these are uploaded ‘Instruments’ pages on the Company’s Website, in which all related commission, costs and financing fees overnight Swap Rates/Financing Fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees Swap Rates/Financing Fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the information provided during the time he He is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 1 contract
Samples: Terms and Conditions
Company Fees. 17.116.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website.
17.216.2. The Company reserves the right to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.316.3. 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, unless the Client is required to do so by law.
17.416.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the bythe Client to the Company.
17.516.5. Where applicable, the Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will Companywill then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.616.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.716.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.
17.816.8. The Client acknowledges and accepts that in the case of no activity for a period of one (1) month (no deposits, withdrawals or trading activity) in the Trading Account, including funding or trading, within one month, the Company reserves the right to charge a maintenance fixed administrative fee of 10 USD (or currency equivalent)30 USD, subject to the Client having sufficient funds xxxxxxxxx.Xxx agree that we may deduct this fee from any funds held by us on your behalf. In the case the funds are not available in return for the provision of Company will charge a lower amount and close the continued availability of the Trading Client’s Account.
17.916.9. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 1 contract
Samples: Client Agreement
Company Fees. 17.116.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website.
17.216.2. The Company reserves the right to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at any times by notification posted on its Website and without further notice to the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.316.3. 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, unless the Client is required to do so by law.
17.416.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the Client to the Company.
17.516.5. Where applicable, the Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will Companywill then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.616.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Accounts.
17.716.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.
17.8. The Client acknowledges and accepts that in the case of no activity for a period of one (1) month (no deposits, withdrawals or trading activity) in the Trading Account, the Company reserves the right to charge a maintenance fee of 10 USD (or currency equivalent), subject to the Client having sufficient funds available in return for the provision of the continued availability of the Trading Account.
17.9. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Website. It is the Client’s responsibility to visit the Company’s Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company.
Appears in 1 contract
Samples: Client Agreement
Company Fees. 17.1. For any services provided to the Client as presented under this Agreement, the Company is entitled to receive fees from the Client as well as compensation for the expenses it will incur for the obligations it will undertake during the execution of the said services. From time to time, the Company reserves the right to modify the size, the amounts and the percentage rates of its fees and the Client will be informed accordingly on the Website.
17.2accordingly. The Client agrees that the Company reserves the right is entitled to change its fee structure, e.g. commission, charges, spreads, swaps and/or maintenance fee at fees unilaterally without any times by notification posted on its Website and without further notice to consultation or prior consent from the Client. The Client is strongly advised to check the Website on a regular basis for any changes in fee structure.
17.3. 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, unless the Client is required to do so by law.
17.4. The Company may deduct any sum which is due and owing to it from the Client from any funds which it holds on the Client’s behalf. For this purpose, the Company will be entitled to combine or make transfers between any of the Client’s Trading Accounts. The Company has the right to close any open positions of the Client in order to settle any obligations owed by the Client to the Company.
17.5. Where applicable, the The Company will charge the Client interest on any amounts due, which are not paid, at such a rate as is reasonably determined by the Company as representing the cost of funding such overdue amounts. Interest will accrue on a daily basis. Furthermore, in the case that the Client fails to make the required deposit within the given deadline, the Company may also proceed with the sale of Financial Instruments from his Trading Account(s) without further notice unless otherwise agreed upon by the Company and the Client. The Company will then notify the Client of the effected sale orally, via email or by sending a relevant notification via our Trading Platform.
17.6. The Company may deduct or withhold all forms of tax from any payment if obliged to do so under Applicable Regulations. If the Client is required by law to make any deduction or withholding in respect of any payment, the Client agrees to pay such amount to the Company and this will result in the Company receiving an amount equal to the full amount which would have been received had no deduction or withholding been required. The Company may debit amounts due from any of Client’s Trading Accounts.
17.7. The Company is not responsible for paying Client’s tax obligations in relation to possible income tax or similar taxes imposed on him by his jurisdiction on profits and/or for trading in Financial Instruments.
17.8. The Client acknowledges and accepts that in the case of no activity for a period of activity, including funding or trading, within one (1) month (no deposits, withdrawals or trading activity) in the Trading Accountyear, the Company reserves the right to charge a maintenance an annual fixed administrative fee of 10 USD (or currency equivalent)100 USD, subject to the Client having sufficient funds available. In the case the funds are not available in return for the provision of Company will charge a lower amount and close the continued availability of the Trading Account.
17.9Client’s account. By accepting this Agreement, the Client has read, understood and accepted all the charges as these are uploaded on the Company’s Main Website, in which all related commission, costs and financing fees are explained. The Company reserves the right to amend at its discretion all such commission, costs and financing fees and the new information will be available on the Company’s Main Website. It is the Client’s responsibility to visit the Company’s Main Website and review it the time he is dealing with the Company as well as prior of placing any orders to the Company. SAFEGUARDING OF CLIENT’S FUNDS When holding Client’s Funds, the Company shall take every possible measure to safeguard the funds against the use of Client funds for its own account. Client’s funds will be held in any Client’s Bank Account that the Company may specify from time to time. The Company will maintain separate records in the accounting system of its own funds/assets and the funds/assets kept on behalf of the Clients so as at any time and without delay to distinguish funds held for one Client from funds held by any other Client, and from its own funds/assets.
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Samples: Client Agreement
