Common use of Foreign Exchange Clause in Contracts

Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account.

Appears in 28 contracts

Samples: Terms and Conditions, Agreement, Terms and Conditions

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Foreign Exchange. 1. 20.1 For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Bank Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Bank Account.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

Foreign Exchange. 1. 18.1 For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Bank Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Bank Account.

Appears in 2 contracts

Samples: Agreement, Agreement

Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 2 contracts

Samples: files.iqoption.com, files.iqoption.com

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Foreign Exchange. 190. For any conversion required to be effected affected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account.

Appears in 1 contract

Samples: Terms and Conditions

Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any orderOrder, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. The Company will use foreign exchange rates that prevail at the time for the conversion to currencies other than the currency in which the Client holds the Trading Account.

Appears in 1 contract

Samples: Agreement

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