Common use of Fees Charges Clause in Contracts

Fees Charges. We do not charge a platform usage fee; however, we may assess your Account with charges to cover our services, or the termination of services, including, but not limited to, an annual household fee, operational & service fees, custodial fees, and transaction fees and commissions. This fee structure may be amended at any time without notification to you, and you agree to pay all applicable fees and charges. You agree that we may debit your Account for any fees or charges that you incur, or any reasonable out-of-pocket expenses we may incur on your behalf. You agree to pay or reimburse us for all applicable state and local excise taxes. Any profit or loss from foreign currency exchange rated transactions will be charged or credited to your Account. Upon our request, you agree to reimburse us for any actual expenses we incur to execute, cancel, or amend any wire transfer payment order, or perform any related act at your request. We may charge any Account of yours for such costs and expenses without prior notice to you. Please see M1 Pricing and Fees disclosure for additional detail regarding applicable fees and charges. Among other things, please note that we receive fees related to your margin trading (see Section 22 of this Agreement) and securities lending (see Section 16 of this Agreement).