Common use of Conversion of Foreign Currency Amounts Clause in Contracts

Conversion of Foreign Currency Amounts. 7.3.1. If you direct CM Trading to fund Margin from funds denominated in a currency other than the Account Base Currency, CM Trading will be authorized to convert those funds for Margin at a rate of exchange reasonably determined by CM Trading. CM Trading will not be liable to you for any exchange rate loss suffered by you as a result of any such conversion. 7.3.2. CM Trading will charge the going market rate plus 2% with respect to all deposits and market rate less 2% with respect to all withdrawals processed by bank wire. 7.3.3. CM Trading will charge the going market rate plus 3% with respect to all deposits by Crypto currencies and market rate less 4% with respect to all withdrawals processed by Crypto currencies and/or credit/debit card. 7.3.4. In certain circumstances, CM Trading reserves the right to pay out withdrawals at the same exchange rate the funds were deposited (minus the 2% charge). CM Trading has the sole right to determine when such action is required. Such a decision will be based on good faith practice