Common use of Costs Payments and Charges Clause in Contracts

Costs Payments and Charges. Subject: Costs and Payments 29.1. Prior to entering into any transaction with us through our Electronic Trading Platforms please ensure that you have understood and considered any and all applicable charges such as Spread(s), Commissions, Currency conversion fees (Foreign exchange costs) and Swaps, full information for which is available on our Website. 29.2. You shall pay our charges as agreed with you from time to time, any fees or other charges imposed by a clearing organisation and interest on any amount due to us at the rates then charged by us (and which are available on request). A copy of our current charges is published on our Website. We may update our commissions, charges, fees and costs from time to time. It is your responsibility to keep up to date with any charges, and to be aware of the commissions, charges, fees and costs that apply to your trades and the Services that you use. 29.3. You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by us. It is your responsibility to calculate and pay all applicable taxes that you owe as a result of your trading activity with on our Electronic Trading Platforms. 29.4. All payments to us under this Agreement shall be made in such currency as we may from time to time specify to the bank account designated by us for such purposes. All such payments shall be made by you without any deduction or withholding. 29.5. We may charge you for the provision by us to you of market data or any other account feature or such other Charges as we reasonable advice you from time to time. 29.6. Safecap may share charges with partners, affiliates, intermediary service providers, business introducers and agents (collectively referred to as “Partners”) in connection with Transactions carried out in your Account. Partners are receiving remuneration on the basis of a percentage of the spread, a fixed fee and/or based on any other method agreed with them, which may affect the costs associated with your Account, provided the provisions of Applicable Laws and Regulations with respect to conflicts of interest are adhered to. Our Policy for the Management of Confiicts of Interest sets out how we manage possible conflicts that may arise from such payments. 29.7. The information about all our costs and charges, including foreign exchange costs and costs and charges in connection with the investment services that we provide and the underlying Financial Instruments, which are not caused by the occurrence of underlying market risk, shall be aggregated by us to allow you to understand the overall costs to you of trading with us, as well as the cumulative effect on your return of the investment, and where you so request, we shall provide you an itemised breakdown of the foregoing. Where applicable, such information shall be provided to you at least annually. 29.8. In addition to Commissions and Charges, the Client shall be obliged to pay all applicable VAT and other taxes, storage and delivery charges, fees of Regulated Markets and all other fees incurred by Safecap in connection with any order or Transaction. 29.9. You acknowledge that all amounts due to us shall be deducted from your account balance. 29.10. You understand that certain transactions in certain financial instruments may carry a tax obligation under the applicable tax regime, stamp duty, transfer tax, dividend tax, withholding tax or other taxes or duties in any jurisdiction as per Applicable Law. Where such tax obligation, we shall pass it on to you by debiting your Account.

Appears in 5 contracts

Samples: Investment Services Agreement, Investment Services Agreement, Investment Services Agreement

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Costs Payments and Charges. Subject: Costs and Payments 29.1. Prior to entering into any transaction with us through our Electronic Trading Platforms please ensure that you have understood and considered any and all applicable charges such as Spread(s), Commissions, Currency conversion fees (Foreign exchange costs) and Swaps, full information for which is available on our Website. 29.2. You shall pay our charges as agreed with you from time to time, any fees or other charges imposed by a clearing organisation and interest on any amount due to us at the rates then charged by us (and which are available on request). A copy of our current charges is published on our Website. We may update our commissions, charges, fees and costs from time to time. It is your responsibility to keep up to date with any charges, and to be aware of the commissions, charges, fees and costs that apply to your trades and the Services that you use. 29.3. You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by us. It is your responsibility to calculate and pay all applicable taxes that you owe as a result of your trading activity with on our Electronic Trading Platforms. 29.4. All payments to us under this Agreement shall be made in such currency as we may from time to time specify to the bank account designated by us for such purposes. All such payments shall be made by you without any deduction or withholding. 29.5. We may charge you for the provision by us to you of market data or any other account feature or such other Charges as we reasonable advice you from time to time. 29.6. Safecap may share charges with partners, affiliates, intermediary service providers, business introducers and agents (collectively referred to as “Partners”) in connection with Transactions carried out in your Account. Partners are receiving remuneration on the basis of a percentage of the spread, a fixed fee and/or based on any other method agreed with them, which may affect the costs associated with your Account, provided the provisions of Applicable Laws and Regulations with respect to conflicts of interest are adhered to. Our Policy for the Management of Confiicts Conflicts of Interest sets out how we manage possible conflicts that may arise from such payments. 29.7. The information about all our costs and charges, including foreign exchange costs and costs and charges in connection with the investment services that we provide and the underlying Financial Instruments, which are not caused by the occurrence of underlying market risk, shall be aggregated by us to allow you to understand the overall costs to you of trading with us, as well as the cumulative effect on your return of the investment, and where you so request, we shall provide you an itemised breakdown of the foregoing. Where applicable, such information shall be provided to you at least annually. 29.8. In addition to Commissions and Charges, the Client shall be obliged to pay all applicable VAT and other taxes, storage and delivery charges, fees of Regulated Markets and all other fees incurred by Safecap in connection with any order or Transaction. 29.9. You acknowledge that all amounts due to us shall be deducted from your account balance. 29.10. You understand that certain transactions in certain financial instruments may carry a tax obligation under the applicable tax regime, stamp duty, transfer tax, dividend tax, withholding tax or other taxes or duties in any jurisdiction as per Applicable Law. Where such tax obligation, we shall pass it on to you by debiting your Account.

Appears in 1 contract

Samples: Investment Services Agreement

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