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 months or more in that the Client fails to provide an Order, the Company reserves the right (after calling or emailing the Client using the last known contact details) to render the Client Account dormant and shall have the right to charge the Client Account a fee. Inactive Accounts will be subject to a monthly charge of ten (10) USD or its equivalent in the currency of the trading account (“Inactivity Fee”) for every Inactive Account relating to the maintenance, administration and compliance management of such Inactive Accounts, which charge shall apply in accordance with the following formula:

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three twelve consecutive months or more in that the Client fails to provide an Order, the Company reserves the right (after calling or emailing the Client using the last known contact details) to render the Client Account dormant and shall have the right to charge the Client Account a fee. Inactive Accounts will be subject to a monthly charge of ten fifteen (1015) USD or its equivalent in the currency of the trading account (“Inactivity Fee”) for every Inactive Account relating to the maintenance, administration and compliance management of such Inactive Accounts, which charge shall apply in accordance with the following formula:

Inactive and Dormant Client Accounts. 18.1. 18.1 If the Client Account is inactive for three twelve consecutive months or more in that the Client fails to provide an Order, the Company reserves the right (after calling or emailing the Client using the last known contact details) to render the Client Account dormant and shall have the right to charge the Client Account a fee. Inactive Accounts will be subject to a monthly charge of ten fifteen (1015) USD or its equivalent in the currency of the trading account (“Inactivity Fee”) for every Inactive Account relating to the maintenance, administration and compliance management of such Inactive Accounts, which charge shall apply in accordance with the following formula:.

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three months or more in that the Client fails to provide an Order, the Company reserves the right (after calling or emailing the Client using the last known contact details) to render the Client Account dormant and shall have the right to charge the Client Account a fee. Inactive Accounts will be subject to a monthly charge of ten (10) USD EUR or its equivalent in the currency of the trading account (“Inactivity Fee”) for every Inactive Account relating to the maintenance, administration and compliance management of such Inactive Accounts, which charge shall apply in accordance with the following formula: