Common use of Dormant Accounts Clause in Contracts

Dormant Accounts. If there are no trading activity/ deposits/ open positions on the Real account during the last 90 (ninety) days, the Real account becomes dormant and a fee of 10 USD (ten US dollars), or the account balance, whichever is lesser, is automatically deducted from the Client’s account on a monthly basis. The inactivity fee will be deducted from the dormant account for servicing purposes until balance of the dormant account becomes nil.

Dormant Accounts. If there are no trading activity/ deposits/ activity and/or open positions on the Real account during the last 90 (ninety) days, the Real account becomes dormant and a fee of 10 USD (ten US dollars), or the account balance, whichever is lesser, is automatically deducted from the Client’s account on a monthly basis. The inactivity fee will be deducted from the dormant account for servicing purposes until balance of the dormant account becomes nil.

Dormant Accounts. If there are no trading activity/ deposits/ activity and/or balance transactions and/or open positions on the Real account (no deposits to/withdrawals from the Real account) during the last 90 (ninety) days, the Real account becomes dormant and a fee of 10 5 USD (ten five US dollars), or the account balance, whichever is lesser, is automatically deducted from the Client’s account on a monthly basis. The inactivity fee will be deducted from the dormant account for servicing purposes until balance of the dormant account becomes nil.