Common use of Fees and Charges Clause in Contracts

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 17 contracts

Sources: Client Service Agreement, Client Service Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processaccordingly. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months10. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 5 contracts

Sources: Client Services Agreement, Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: Spread A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 10, and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 4 contracts

Sources: Client Services Agreement, Client Services Agreement, Client Service Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processaccordingly. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 6 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months10. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 3 contracts

Sources: Client Services Agreement, Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 2 contracts

Sources: Client Agreement, Client Services Agreement

Fees and Charges. 4.1 ‌ 5.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 5.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 5.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 5.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 5.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 2 contracts

Sources: Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 4.1. The Client Customer shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest interest, and other fees are published on the Company’s website and any alteration to charges will be notified to the Client Customer via the Company’s website or via the trading platform terminal or via an email sent to the clientCustomer’s registered address used during the registration process. By accepting this Agreement, the Client Customer acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client Customer further agrees that the Company is entitled to change its charges without any consultation or prior consent from the ClientCustomer. 4.2 4.2. The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client Customer at any time on the Company’s website. 4.3 4.3. Subject to the Financial Instruments traded by the ClientCustomer, the following charges may be incurred: Spread A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client Customer opens and closes a trade. This is the commission the Client Customer pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the ClientCustomer’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of on the instrument to be traded. An overnight funding amount is either added to or subtracted from the ClientCustomer’s account when holding a position after a certain time. The ClientCustomer’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client Customer for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client Customer from time to time and the Company may deduct such fee from the ClientCustomer’s Account. The inactivity fee will be up to USD 10 10, and the Company reserves the right to charge the said fee annually if there are no transactions by the Client Customer the preceding 12 months. 4.4 4.4. All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 4.5. The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down down, or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client Customer upon request.

Appears in 2 contracts

Sources: Customer Service Agreement, Customer Service Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current Company may charge the client for the charges including spreadslisted in its Cost and Charges Policy and further explained in clause 4.5 of this Agreement. Unless otherwise specified in this Agreement, chargesthe Company shall have the right to review its costs, interest fees, charges and other fees are published commissions, from time to time in its own discretion. In the absence of a Force Majeure event, the Company shall be providing the Client with advance notice for the change to its Cost and Charges Policy on its website and by notifying each Client within a reasonable timeframe. 4.2 In addition, in case of any inactivity (i.e. no trading activity on the Company’s website and specific trading account) or the Client adopted any alteration kind of trading strategy, which is deemed abusive, the Company reserves the right to charges will be notified charge the Client all fees related to the Client via Client’s specific deposit and withdrawal, irrespective of the payment method used, which have been suffered by the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. . 4.3 By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 4.4 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 4.5 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so requirements, therefore, if there are no transactions by the Client for a period of 12 three (3) months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. Account The inactivity fee will be up to USD 10 and the Company reserves the right to charge the Client and/or debit the Client’s Account with the relevant payment provider fees that correspond to the Client’s deposits and withdrawals. The said fee annually if there are no transactions by the Client the preceding 12 monthsfees should be applicable per region and payment provider. 4.4 4.6 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 4.7 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 2 contracts

Sources: Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published can be found on the Companyclient’s website and platform. For any alteration to charges charges, the client will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processthrough his platform. By accepting this Agreement, the Client acknowledges that he has read, read and understood that his account will be charged and is in agreement with for the fees and charges uploaded on should be informed through the Company’s websiteplatform. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months10. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 2 contracts

Sources: Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published can be found on the Companyclient’s website and platform. For any alteration to charges charges, the client will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processthrough his platform. By accepting this Agreement, the Client acknowledges that he has read, read and understood that his account will be charged and is in agreement with for the fees and charges uploaded on should be informed through the Company’s websiteplatform. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account Fees may be payable by you by virtue of the fact that the Trading Platform is associated with the cost continually provided to you for trading, regardless of maintenance and other regulatory or compliance requirements so if your actual use. If there are no transactions by the Client (deposits, withdrawals or trading activity) on your Trading Account for a period of 12 monthsfifty- nine (59) days, the Company has reserves the right right, to claim charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable inactivity fee of sixty-five (65) units, as notified to the Client you from time to time and the Company that we may deduct such fee from any funds held by us on your behalf. In case that the available balance is below 65 units, the available balance will be removed as inactivity fee accordingly. In the event that you submit a request to transfer funds internally between your accounts of different currency, you will be charged 0.5%. If your accounts are of the same currency, then no fees shall be charged. For example: A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s Accountaccount on the next trading day following the day to which it relates. The inactivity fee will be up to USD 10 and the Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the said fee annually if there same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check their platform for the current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are no transactions at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the Client price difference from the preceding 12 monthsclosed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request. 4.6 The Company offers Islamic - Swap-free accounts for clients whose religion is Islam. Under Islamic Laws, Muslins are prohibited from taking or giving interests from any kind of activity. Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith. This means that if a client wants to hold a position open overnight, he will not have to pay the rollover fees. The eligible clients are allowed to have Swap free accounts upon their request. They have to request for a swap-free account from their Business Development Officers. The clients who are residents of non- Islamic countries, they have to provide to the Company a proof of religion document.

Appears in 2 contracts

Sources: Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published can be found on the Companyclient’s website and platform. For any alteration to charges charges, the client will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processthrough his platform. By accepting this Agreement, the Client acknowledges that he has read, read and understood that his account will be charged and is in agreement with for the fees and charges uploaded on should be informed through the Company’s websiteplatform. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account Fees may be payable by you by virtue of the fact that the Trading Platform is associated with the cost continually provided to you for trading, regardless of maintenance and other regulatory or compliance requirements so if your actual use. If there are no transactions by the Client (deposits, withdrawals or trading activity) on your Trading Account for a period of 12 monthsfifty- nine (59) days, the Company has reserves the right right, to claim charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable inactivity fee of sixty-five (65) units, as notified to the Client you from time to time and the Company that we may deduct such fee from any funds held by us on your behalf. In case that the available balance is below 65 units, the available balance will be removed as inactivity fee accordingly. In the event that you submit a request to transfer funds internally between your accounts of different currency, you will be charged 0.5%. If your accounts are of the same currency, then no fees shall be charged. For example: A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s Accountaccount on the next trading day following the day to which it relates. The inactivity fee will be up to USD 10 and the Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the said fee annually if there same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check their platform for the current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are no transactions at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the Client price difference from the preceding 12 monthsclosed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 2 contracts

Sources: Client Services Agreement, Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processaccordingly. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. other 4.2 By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client.agrees 4.2 4.3 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website.per 4.3 4.4 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: Spread A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. Trading inactivity The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months1 month, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by fee. This applies for accounts with a balance below $100 and 10% for accounts with a balance exceeding $101. Payment Providers Fees The Company reserves the right to charge the Client and/or debit the preceding 12 monthsClient’s Account with the relevant payment provider fees that correspond to the Client’s deposits and withdrawals. The said fees should be applicable per region and payment provider. 4.4 4.5 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 4.6 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.other

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 . The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 . Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 . All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 . The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. Commission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of on the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are is no transactions trading activity by the Client for a period of 12 6 (six) months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 5 (five US Dollars), and the Company reserves the right to charge the said fee annually every 6 (six) months if there are is no transactions trading activity by the Client the preceding 12 6 (six) months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. Commission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 6 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 30, and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 6 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. C ommission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument. C urrency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight O vernight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Service Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. Commission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 10, and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) Client Services Agreement This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request. 4.6 The company offers the possibility to the client to open Islamic (Swap-Free) accounts. Swap-Free trading accounts are only available to those clients who cannot use Swaps owing to their religious beliefs. 4.7 Islamic (Swap-Free) accounts have the same trading conditions and terms as our regular trading account types. The only difference is that there are no swaps on trading instruments, however, a handling charge applies for holding currency pairs overnight for more than a certain number of consecutive nights. And this can be reviewed on OWMarkets English website here: ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/en/islamic-account. 4.8 Accordingly, in all instances where a request for an Islamic (Swap-Free) account is submit- ▇▇▇, the company reserves the right to require an adequate justification for and/or proof of the necessity or need of any such conversion. Furthermore, the company reserves the right to re- fuse the processing of any such request, at its sole discretion, for any reason whatsoever, without being obliged to provide any explanation or justification. 4.9 Clients are not allowed to use Islamic (Swap-Free) accounts to make profits from swaps and may not request the payment of any swap amounts that have been lost because of converting their real trading account(s) to Islamic (Swap-Free) accounts for the period during which their real trading accounts has/have been converted into Islamic (Swap-Free) accounts. 4.10 The company reserves the right to revoke the Swap-Free status granted to any standard trading account at any time, at its sole discretion, without being obliged to provide any explanation or justification. 4.11 If the company detects any form of abuse, fraud, manipulation, cash-back arbitrage, or other forms of deceitful or fraudulent activity regarding any Islamic (Swap-Free) account of any Client, the Company reserves the right, at any time: (a) With immediate effect, to revoke the Swap-Free status from any and all standard trading accounts of such client that have been converted to an Islamic (Swap-Free) Account; and/or (b) To correct and recover any un-accrued Swaps and any related un-accrued interest expenses and or costs pertaining to any and all of such client’s Islamic (Swap-Free) accounts during the period for which such accounts were converted into Islamic (Swap-Free) account; and/or (c) With immediate effect, to close all trading accounts of such client with the company, void all trades carried out in such client’s trading accounts with the company and cancel all profits or losses incurred in such client’s trading accounts. 4.12 The Client expressly acknowledges and understands that the Swap-Free status shall be applicable on Forex Majors, Forex Minors and Metals symbols.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. C ommission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument. C urrency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight O vernight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of on the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify specified to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. Commission (applicable only to CFDs on futures and CFDs on shares) This is the commission the Client pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Agreement

Fees and Charges. 4.1 4.1. The Client Customer shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest interest, and other fees are published on the Company’s website and any alteration to charges will be notified to the Client Customer via the Company’s website or via the trading platform terminal or via an email sent to the clientCustomer’s registered address used during the registration process. By accepting this Agreement, the Client Customer acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client Customer further agrees that the Company is entitled to change its charges without any consultation or prior consent from the ClientCustomer. 4.2 4.2. The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client Customer at any time on the Company’s website. 4.3 4.3. Subject to the Financial Instruments traded by the ClientCustomer, the following charges may be incurred: Spread A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client Customer opens and closes a trade. This is the commission the Client Customer pays when he buys and sells a Financial Instrument. Currency conversion This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the ClientCustomer’s Account. Overnight Funding Fee /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of on the instrument to be traded. An overnight funding amount is either added to or subtracted from the ClientCustomer’s account when holding a position open after a certain 23:59:59 - server time. The ClientCompany may revoke the ‘Overnight Fee” status at its own discretion without prior notice. notice. The Customer’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client Customer for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client Customer from time to time and the Company may deduct such fee from the ClientCustomer’s Account. The inactivity fee will be up to USD 10 10, and the Company reserves the right to charge the said fee annually if there are no transactions by the Client Customer the preceding 12 months. 4.4 4.4. All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 4.5. The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-upmark−up, mark-down mark−down, or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client Customer upon request.

Appears in 1 contract

Sources: Customer Service Agreement

Fees and Charges. 4.1 The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration processaccordingly. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months10. 4.4 All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up▇▇▇▇-up, mark-down ▇▇▇▇-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement

Fees and Charges. 4.1 4.1. The Client shall be required to pay the charges as agreed from time to time, any fees or other charges imposed by third parties during the execution of the services. The Company’s current charges including spreads, charges, interest and other fees are published on the Company’s website and any alteration to charges will be notified to the Client via the Company’s website or via the trading platform terminal or via an email sent to the client’s registered address used during the registration process. By accepting this Agreement, the Client acknowledges that he has read, understood and is in agreement with the fees and charges uploaded on the Company’s website. The Client further agrees that the Company is entitled to change its charges without any consultation or prior consent from the Client. 4.2 4.2. The Company is compensated for its services through the Buy/Sell (Ask/Bid) spread, so when you open a position in a specific instrument, you essentially “pay” the spread. The spread rates per instrument can be viewed by the Client at any time on the Company’s website. 4.3 4.3. Subject to the Financial Instruments traded by the Client, the following charges may be incurred: A spread is the difference between the bid (buy) and the ask (sell) price on the specific instrument you trade. This cost is realised every time the Client opens and closes a trade. This is the commission the Client pays when he buys and sells a Financial Instrument. This is the cost incurred when converting realised profits and losses as well as any costs and charges that are denominated in a currency other than the base currency of the Client’s Account. Overnight Funding /Swap (Financing Fee) This is the swap cost for keeping your position open overnight. The swap cost can be positive or negative depending of the instrument to be traded. An overnight funding amount is either added to or subtracted from the Client’s account when holding a position after a certain time. The Client’s account is associated with the cost of maintenance and other regulatory or compliance requirements so if there are no transactions by the Client for a period of 12 months, the Company has the right to claim the applicable inactivity fee as notified to the Client from time to time and the Company may deduct such fee from the Client’s Account. The inactivity fee will be up to USD 10 and the Company reserves the right to charge the said fee annually if there are no transactions by the Client the preceding 12 months. 4.4 4.4. All payments to the Company under this Agreement shall be made in such currency as the Company from time to time specify to the bank account designated by the Company for such purposes. 4.5 4.5. The Company may share charges with third parties, like Introducing brokers or affiliates, for services carried out on your behalf in the form of commission, mark-up, mark-down or other remuneration. Details of such remuneration or sharing arrangements may be available to the Client upon request.

Appears in 1 contract

Sources: Client Services Agreement