Common use of Swaps and Swap Free Accounts Clause in Contracts

Swaps and Swap Free Accounts. 5.1 Swaps are calculated according the Contract Specification found on the Company’s Website. The Client may use the “Trader Calculator” on the Website in order to calculate the cost of Swap for a specific trade. 5.2 The Swap operation is carried out daily at 10:00 pm according to the time of the Client Terminal, except on Saturday and Sunday. At 10:00 pm on Wednesday, the triple cost of the Swap operation is added to/charged off the Client Account. Swap operation is not performed on Swap Free Accounts. 5.3 The Company offers Swap Free Client Accounts for CFD trading. The Company in its discretion may change the Underlying Assets available for Swap free Client Accounts.

Appears in 9 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Swaps and Swap Free Accounts. 5.1 Swaps are calculated according the Contract Specification found on the Company’s Website. The Client may use the “Trader Calculator” on the Website in order to calculate the cost of Swap for a specific trade. 5.2 The Swap operation is carried out daily at 10:00 pm according to the time of the Client Terminal, except on Saturday and Sunday. At 10:00 pm on WednesdayWednesday or on Friday (depending on the Underlying Asset), the triple cost of the Swap operation is added to/charged off the Client Account. Swap operation is not performed on Swap Free Accounts. 5.3 The Company offers Swap Free Client Accounts for CFD trading. The Company in its discretion may change the Underlying Assets available for Swap free Client Accounts.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Swaps and Swap Free Accounts. 5.1 Swaps are calculated according the Contract Specification found on the Company’s Website. The Client may use the “Trader Calculator” on the Website in order to calculate the cost of Swap for a specific trade. 5.2 The Swap operation is carried out daily at 10:00 pm according to the time of the Client Terminal, except on Saturday and Sunday. At 10:00 pm on Wednesday, the triple cost of the Swap operation is added to/charged off the Client Account. Swap operation is not performed on Swap Free Accounts.of 5.3 The Company offers Swap Free Client Accounts for CFD trading. The Company in its discretion may change the Underlying Assets available for Swap free Client Accounts.

Appears in 1 contract

Samples: Client Agreement

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