Common use of Inactive and Dormant Client Accounts Clause in Contracts

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on the first day of the month following the three (3) months of inactivity. 18.2. If the Client Account is inactive for one year or more, and after notifying the Client in its last known address, the Company reserves the right to close the Client Account and render it dormant. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.

Inactive and Dormant Client Accounts. 18.119.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of (the account currency and will be charged sum is available on the first day Website and/or the Platform), which may be different for different types of the month following the three (3) months of inactivityClient Accounts or Financial Instrument. 18.219.2. If the Client Account is inactive for one year or more, and after notifying the Client in its last known address, the Company reserves the right to close the Client Account and render it dormant. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter. The Company may charge a fee during the period when the Account is dormant; such a fee shall be notified to the Client according to paragraph 25.8. hereunder.

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) six months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance feefee which may be different for different types of Client Accounts or Financial Instrument. The fee will equal 10 units of the account currency and will be charged applicable fees are found on the first day of Company’s fee schedule on the month following the three (3) months of inactivityCompany’s Website. 18.2. If the Client Account is inactive for one year four (4) years or more, and after notifying the Client in its last known address, the Company reserves the right to close the Client Account and render it dormant. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.

Inactive and Dormant Client Accounts. 18.1. 20.1 If the Client Account is inactive for three (3) twelve months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will may be charged a monthly maintenance feefee which may be different for different types of Client Accounts or Financial Instrument. The fee will equal 10 units of the account currency and will be charged applicable fees, once applied, are found on the first day of the month following the three (3) months of inactivityCompany’s Website. 18.2. 20.2 If the Client Account is inactive for one year four (4) years or more, and after notifying the Client in its last known address, the Company reserves the right to close the Client Account and render it dormant. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.

Inactive and Dormant Client Accounts. 18.1. 20.1 If the Client Account is inactive for three (3) six months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will may be charged a monthly maintenance feefee which may be different for different types of Client Accounts or Financial Instrument. The fee will equal 10 units of the account currency and will be charged applicable fees, once applied, are found on the first day of the month following the three (3) months of inactivityCompany’s Website. 18.2. 20.2 If the Client Account is inactive for one year four (4) years or more, and after notifying the Client in its last known address, the Company reserves the right to close the Client Account and render it dormant. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on daily according to the first day of the month following the three (3) months of inactivity. clients “Free Margin”. Daily Fee = Free Margin * interest rate /100/360 18.2. If the Client Account is inactive for one year or more, and after notifying the Client in its last known address, the Company reserves the right to close the Client Account and render it dormant. Money in the dormant account shall remain owing to the Client and the Company shall make and retain records and return such funds upon request by the Client at any time thereafter.