Common use of Rollovers, Interest Clause in Contracts

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. In case the Client completed his/her registration process but has not has not proceeded with a deposit and/or place a transaction no fees will be charged by the Company. Information including but not limited to deposit methods, minimum/maximum initial deposit amount, deposit time, and withdrawal fees is set out in the Company’s Website as amended from time to time. Clients are obliged to pay to the Company commissions, fees, charges and other costs as described in the Trading Platform and/or on the Company’s Website xxxxx://xxx.xxxxxxxxxxx.xx when using the services of the Company (placing orders) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 2 contracts

Samples: Client Agreement Terms and Conditions, Client Agreement Terms and Conditions

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. In case the Client completed his/her registration process but has not has not proceeded with a deposit and/or place a transaction no fees will be charged by the Company. Information including but not limited to deposit methods, minimum/maximum initial deposit amount, deposit time, and withdrawal fees is set out in the Company’s Website as amended from time to time. Clients are obliged to pay to the Company commissions, fees, charges and other costs as described in the Trading Platform and/or on the Company’s Website xxxxx://xxx.xxxxxxxxxxx.xxx when using the services of the Company (placing orders) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement Terms and Conditions

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website their platform for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. In case the Client completed his/her registration process but has not has not proceeded with a deposit and/or place a transaction no fees will be charged by the Company. Information including but not limited to deposit methods, minimum/maximum initial deposit amount, deposit time, and withdrawal fees is set out in the Company’s Website as amended from time to time. Clients are obliged to pay to the Company commissions, fees, charges and other costs as described in the Trading Platform and/or on the Company’s Website xxx.xxxxxxxxxx.xxx when using the services of the Company (placing orders) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement Terms and Conditions

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the CompanyTHE COMPANY’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client Customer directly to the Company THE COMPANY or it will be paid by the Company THE COMPANY to ClientCustomer, depending on the type of FX/CFD and the nature of the position Client Customer holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to ClientCustomer’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client Customer to open and close FX/CFD positions. Such commission payable will be debited from ClientCustomer’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A On Wednesday at 21:00 GMT, overnight rollover occurs when reinvesting funds fees are multiplied by three (x3) in order to compensate for the upcoming weekend. The premium amount shall be determined by the Company from time to time, in the Company’s absolute discretion. Customer hereby authorizes the Company to add or subtract the premium to or from Customer’s account for any open transaction that have accrued a mature security into a new issue premium, in accordance with the applicable rate thereto, each day at the time of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as collection specified on the Company’s websitetrading platform for each individual instrument, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Clientas applicable.

Appears in 1 contract

Samples: Retail Client Agreement

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website their platform for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / XxxxMark-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the P a g e | 9 Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. In case the Client completed his/her registration process but has not has not proceeded with a deposit and/or place a transaction no fees will be charged by the Company. Information including but not limited to deposit methods, minimum/maximum initial deposit amount, deposit time, and withdrawal fees is set out in the ‘Account Funding’ section on the Company’s Website as amended from time to time. Clients are obliged to pay to the Company commissions, fees, charges and other costs as described in the Trading Platform and/or on the Company’s Website xxxxx://xxx.xxxxxxxxxxx.xx when using the services of the Company (placing orders) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement

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Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the P a g e | 9 Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement

Rollovers, Interest. Unicorn Forex Brokers (UNFXB LTD). is an online trade company registered . location at Agias Xxxxx 22A 1st floor Flat /Office 101 0000 Xxxxxxxx Xxxxxx , Reg. No. HE415055 Tel : +00 000 000 0000 xxxxx://xxxxx.xxx A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's ’s sole discretion. A rollover occurs fix commission applies for the symbols quoted with a variable spread, according with the Specifications table. This commission is fixed per contract, per leg (one way). The company reserves the right to modify the trading commission and is not liable for any losses incurred by Clients when reinvesting funds from a mature security into a new issue the commission changes. When trading instruments with variable spreads and commission please carefully periodically check the Specifications table. The Company is not to be kept liable for any change of the same variable spread or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Clientcommission.

Appears in 1 contract

Samples: Single Agreement

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s Leadcapital Corp LTD's trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company Leadcapital Corp LTD or it will be paid by the Company Leadcapital Corp LTD to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s 's account on the next trading day following the day to which it relates. The Company Leadcapital Corp Ltd reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s 's account at the same time as the Company Leadcapital Corp LTD opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs For WebTrader platform: Additional Conversion fees apply. Conversion fees will apply only when reinvesting funds from your account currency is different than the quoted currency of the underlying asset being traded. The fee will be reflected as a mature security into percentage of the conversion rate used. This will affect any conversions made on the Used Margin, Profit and Loss, Overnight Rollovers (Financing), CFD Rollovers and adjustments for Corporate Actions. As an example, if the account currency is US Dollars and you open a new issue position on a Euro quoted asset (i.e. Germany30) your Used Margin is converted in US Dollars. The conversion will include a fixed percentage on the conversion rate applicable at the time as a mark-up. For MT4 and WebTrader platform: CFD Rollover The future contract on which a CFD is based has an expiration date, and clients will be able to close their CFD positions until this date. In order to insure continuous trading conditions for the client, when a future contract that a CFD is based on reaches its maturity, the underlying asset of that CFD will be switched to the next maturity of the same or a similar security, or moving a forex position to the following delivery datefutures contract. Energy products offered to Clients, as specified A calendar of such rollovers is mentioned on the Company’s websiteArgoTrade section "CFD Expiration Dates". A premium will be either added or substracted from the client's account, have a monthly expiration. Clients that hold an open position based on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference prices between the retail spread and two futures contracts. Example: If you sell 1 lot EURUSD, you will pay rollover costs on 100.000 Euro, which at the final spread will current rate would be paid to $0.017. This rate may vary over time, for actual rates please check the Introducing Broker of the Client"CFD Expiration Dates" on our website.

Appears in 1 contract

Samples: Terms and Conditions Retail Client Agreement

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. In case the Client completed his/her registration process but has not has not proceeded with a deposit and/or place a transaction no fees will be charged by the Company. Spyrou Kyprianou 00 Xxxxxx, Xxxxxxxxxx Xxxxx 0, 1st Floor, Xxxx 000, 0000, Xxxx Xxxxxxxx, Xxxxxxxx +000 00000000 xxxx@xxxxxxxxxxx.xx Information including but not limited to deposit methods, minimum/maximum initial deposit amount, deposit time, and withdrawal fees is set out in the ‘Account Funding’ section on the Company’s Website as amended from time to time. Clients are obliged to pay to the Company commissions, fees, charges and other costs as described in the Trading Platform and/or on the Company’s Website xxxxx://xxx.xxxxxxxxxxx.xx when using the services of the Company (placing orders) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement Terms and Conditions

Rollovers, Interest. A daily financing charge may apply to each FX/CFD open position at the closing of the Company’s trading day as regard to that FX/CFD. If such financing charge is applicable, it will either be requested to be paid by Client directly to the Company or it will be paid by the Company to Client, depending on the type of FX/CFD and the nature of the position Client holds. The method of calculation of the financing charge varies according to the type of FX/CFD to which it applies. Moreover, the amount of the financing charge will vary as it is linked to current interest rates (such as LIBOR). The financing charge will be credited or debited (as appropriate) to Client’s account on the next trading day following the day to which it relates. In case the Client completed his/her registration process but has not has not proceeded with a deposit and/or place a transaction no fees will be charged by the Company. Information including but not limited to deposit methods, minimum/maximum initial deposit amount, deposit time, and withdrawal fees is set out in the Company’s Website as amended from time to time. Clients are obliged to pay to the Company commissions, fees, charges and other costs as described in the Trading Platform and/or on the Company’s Website xxxxx://xxx.xxxxxxxxxx.xxx when using the services of the Company (placing orders) The Company reserves the right to change the method of calculating the financing charge, the financing rates and/or the types of FX/CFDs to which the financing charge applies. For certain types of FX/CFDs, a commission is payable by Client to open and close FX/CFD positions. Such commission payable will be debited from Client’s account at the same time as the Company opens or closes the relevant FX/CFD. Changes in our swap interest rates and calculations shall be at our own discretion and without notice. Clients need to always check our website for the then current rates charged. Rates may change quickly due to market conditions (changes in interest rates, volatility, liquidity etc.) and due to various risk related matters that are at the firm's sole discretion. A rollover occurs when reinvesting funds from a mature security into a new issue of the same or a similar security, or moving a forex position to the following delivery date. Energy products offered to Clients, as specified on the Company’s website, have a monthly expiration. Clients that hold an open position on the ‘EVERFX Expiration’ date will be debited or credited by the price difference from the closed contract to the newly opened contract along with a 20% contract rollover fee. Clients are strongly advised to close positions before the rollover take place. Contract rollover fee: Is the charge for the rollover of the position. Introducing Brokers fees / Xxxx-up Depending on the Introducing Broker of each Client, the Client may incur additional costs in the form of wider spreads on all instruments and the difference or part of the difference between the retail spread and the final spread will be paid to the Introducing Broker of the Client.

Appears in 1 contract

Samples: Client Agreement

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