Common use of Islamic/Swap – free accounts Clause in Contracts

Islamic/Swap – free accounts. The Company offers Swap Free Accounts (typically Islamic Client Accounts) for FX and other CFD trading, subject to the Company’s internal requirements being fulfilled. Accordingly, in all instances where a request for an Islamic (Swap-free) Account is filed with us, we reserve the right to require an adequate justification for and/or proof of the necessity of any such request for any reason whatsoever, without being obliged to provide any explanation or justification. If the Client has a Swap Free Client Account, no Swaps or roll over charges will be applied to trading positions held overnight, if trade is open for less calendar days than the grace period (free swap period) provided. Any charges applicable to Swap free Client Accounts appear on the Trading Platform or on the Company’s Website.

Appears in 7 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Islamic/Swap – free accounts. The Company offers Swap Free Accounts (typically Islamic Client Accounts) for FX and other CFD trading, subject to the Company’s internal requirements being fulfilled. Accordingly, in all instances where a request for an Islamic (Swap-free) Account is filed with us, we reserve the right to require an adequate justification for and/or proof of the necessity of any such request for any reason whatsoever, without being obliged to provide any explanation or justification. If the Client has a Swap Free Client Account, no Swaps or roll over charges will be applied to trading positions held overnight, if trade is open for less calendar days than the grace period (free swap period) provided. .. Any charges applicable to Swap free Client Accounts appear on the Trading Platform or on the Company’s Website.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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