Common use of SWAP FREE ACCOUNT Clause in Contracts

SWAP FREE ACCOUNT. β€Œ 35.1. If you open a swap-free account, you agree that: (a) in case of an Event of Default, we may close all your Open Positions in your Trading Account and deduct or add a penalty (equivalent to the swap and/or any profit amount) for all Transactions made in the account(s) and decline your requests for exemption from any swaps; (b) you will trade only with the applicable Instruments on the Website and, any swap free charge available on the Website will apply; (c) we may amend the swap free charge, amend the applicable Instruments and/or discontinue the swap-free account without issuing any notice to you. 35.2. Additional rules on swap-free accounts can be found on the Website or an addendum to this Agreement.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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