Common use of COMMISSIONS, CHARGES AND OTHER COSTS Clause in Contracts

COMMISSIONS, CHARGES AND OTHER COSTS. The provision of Services is subject to the payment of costs, fees, commissions, daily funding for CFDs, charges to the Company (the “Costs”), which are set out in the Contract Specifications or on the Company Website. In addition to Costs, other commissions and charges may be due by the Private Investor directly to third parties. The Private Investor shall be obliged to pay all such costs. Certain types of Costs may appear as a percentage of the value of the CFD, therefore the Private Investor has the responsibility to understand how Costs are calculated. When providing a Service to a Private Investor, the Company may pay or receive fees, commissions or other non- monetary benefits from third parties or Introducers to the extent permissible under Applicable Regulations. To the extent required by Applicable Regulation, the Company will provide information on such benefits to the Private Investor on request. Details of any taxes which the Company is required to pay on the Private Investor’s behalf will be stated on Confirmations issued to the Private Investor. The Private Investor may also be liable for other taxes which are not collected by the Company and the Private Investor should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. The Private Investor shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. The Private Investor undertakes to pay all stamp duties and other expenses relating to this Agreement and any documentation which may be required for the carrying out of the Transactions under this Agreement. The Company may vary its Costs from time to time in its sole discretion. The Company will provide to the Private Investor, where reasonable, with a Written Notice informing of any changes, before they come into effect. The Private Investor acknowledges that all information as well as subsequent updates relating to Contract Specifications shall be found online at xxx.0xxxxxx.xxx. Further, the Private Investor acknowledges that it is their sole responsibility to remain informed of any subsequent updates and/or amendments on this matter. Swaps are calculated with the basis of the interbank market price. All CFDs conducted with the Company relate to open-ended margined products that require funding on a daily basis. Any amount which is not paid in accordance with the above paragraphs or elsewhere in this Agreement on the due date therefore shall bear interest at the Applicable Rate plus 4% per annum, for each day for which such amount remains unpaid.

Appears in 4 contracts

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

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COMMISSIONS, CHARGES AND OTHER COSTS. The provision of Services is subject to the payment of costs, fees, commissions, daily funding for CFDs, charges to the Company (the “Costs”), which are set out in the Contract Specifications Specifications or on the Company Website. In addition to Costs, other commissions and charges may be due by the Private Investor directly to third parties. The Private Investor shall be obliged to pay all such costs. Certain types of Costs may appear as a percentage of the value of the CFD, therefore the Private Investor has the responsibility to understand how Costs are calculated. When providing a Service to a Private Investor, the Company may pay or receive fees, commissions or other non- monetary benefits benefits from third parties or Introducers to the extent permissible under Applicable Regulations. To the extent required by Applicable Regulation, the Company will provide information on such benefits benefits to the Private Investor on request. Details of any taxes which the Company is required to pay on the Private Investor’s behalf will be stated on Confirmations Confirmations issued to the Private Investor. The Private Investor may also be liable for other taxes which are not collected by the Company and the Private Investor should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. The Private Investor shall be solely responsible for all filingsfilings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. The Private Investor undertakes to pay all stamp duties and other expenses relating to this Agreement and any documentation which may be required for the carrying out of the Transactions under this Agreement. The Company may vary its Costs from time to time in its sole discretion. The Company will provide to the Private Investor, where reasonable, with a Written Notice informing of any changes, before they come into effecteffect. The Private Investor acknowledges that all information as well as subsequent updates relating to Contract Specifications Specifications shall be found online at xxx.0xxxxxx.xxx. Further, the Private Investor acknowledges that it is their sole responsibility to remain informed of any subsequent updates and/or amendments on this matter. Swaps are calculated with the basis of the interbank market price. All CFDs conducted with the Company relate to open-ended margined products that require funding on a daily basis. Any amount which is not paid in accordance with the above paragraphs or elsewhere in this Agreement on the due date therefore shall bear interest at the Applicable Rate plus 4% per annum, for each day for which such amount remains unpaid.

Appears in 1 contract

Samples: Terms and Conditions

COMMISSIONS, CHARGES AND OTHER COSTS. The provision of Services is subject to the payment of costs, fees, commissions, daily funding for CFDs, charges to the Company (the “Costs”), which are set out in the Contract Specifications or on the Company WebsiteSite. In addition to Costs, other commissions and charges may be due by the Private Investor Client directly to third parties. The Private Investor Client shall be obliged to pay all such costs. Certain types of Costs may appear as a percentage of the value of the CFD, therefore the Private Investor Client has the responsibility to understand how Costs are calculated. When providing a Service to a Private InvestorClient, the Company may pay or receive fees, commissions or other non- monetary benefits from third parties or Introducers to the extent permissible under Applicable Regulations. To the extent required by Applicable Regulation, the Company will provide information on such benefits to the Private Investor Client on request. Details of any taxes which the Company is required to pay on the Private InvestorClient’s behalf will be stated on Confirmations issued to the Private InvestorClient. The Private Investor Client may also be liable for other taxes which are not collected by the Company and the Private Investor Client should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. The Private Investor Client shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. The Private Investor Client undertakes to pay all stamp duties and other expenses relating to this Agreement and any documentation which may be required for the carrying currying out of the Transactions transactions under this Agreement. The Company may vary its Costs from time to time in its sole discretion. The Company will provide to the Private InvestorClient, where reasonable, with a Written Notice informing of any changes, before they come into effect. The Private Investor Client acknowledges that all information as well as subsequent updates relating to Contract Specifications shall be found online at xxx.0xxxxxx.xxxxxx.xxxxxxxxxx.xxx. Further, Further the Private Investor Client acknowledges that it is their sole responsibility to remain informed of any subsequent updates and/or amendments on this matter. Swaps are calculated with the basis of the interbank market price. All CFDs conducted with the Company relate to open-ended margined products that require funding on a daily basis. Any amount which is not paid in accordance with the above paragraphs or elsewhere in this Agreement on the due date therefore shall bear interest at the Applicable Rate plus 4% per annum, for each day for which such amount remains unpaid.

Appears in 1 contract

Samples: Client Agreement

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COMMISSIONS, CHARGES AND OTHER COSTS. The provision of Services is subject to the payment of costs, fees, commissions, daily funding for CFDs, charges to the Company (the “Costs”), which are set out in the Contract Specifications or on the Company Website. In addition to Costs, other commissions and charges may be due by the Private Investor directly to third parties. The Private Investor shall be obliged to pay all such costs. Certain types of Costs may appear as a percentage of the value of the CFD, therefore the Private Investor has the responsibility to understand how Costs are calculated. When providing a Service to a Private Investor, the Company may pay or receive fees, commissions or other non- monetary benefits from third parties or Introducers to the extent permissible under Applicable Regulations. To the extent required by Applicable Regulation, the Company will provide information on such benefits to the Private Investor on request. Details of any taxes which the Company is required to pay on the Private Investor’s behalf will be stated on Confirmations issued to the Private Investor. The Private Investor may also be liable for other taxes which are not collected by the Company and the Private Investor should seek independent expert advice if he is in any doubt as to whether he may incur any further tax liabilities. Tax laws are subject to change from time to time. The Private Investor shall be solely responsible for all filings, tax returns and reports on any Transactions which should be made to any relevant authority, whether governmental or otherwise, and for payment of all taxes (including but not limited to any transfer or value added taxes), arising out of or in connection with any Transaction. The Private Investor undertakes to pay all stamp duties and other expenses relating to this Agreement and any documentation which may be required for the carrying out of the Transactions under this Agreement. The Company may vary its Costs from time to time in its sole discretion. The Company will provide to the Private Investor, where reasonable, with a Written Notice informing of any changes, before they come into effect. The Private Investor acknowledges that all information as well as subsequent updates relating to Contract Specifications shall be found online at xxx.0xxxxxx.xxxxxx.0xxxxxx.xx. Further, the Private Investor acknowledges that it is their sole responsibility to remain informed of any subsequent updates and/or amendments on this matter. Swaps are calculated with the basis of the interbank market price. All CFDs conducted with the Company relate to open-ended margined products that require funding on a daily basis. Any amount which is not paid in accordance with the above paragraphs or elsewhere in this Agreement on the due date therefore shall bear interest at the Applicable Rate plus 4% per annum, for each day for which such amount remains unpaid. -Maintenance fee The Company reserves the right to charge a fixed account maintenance fee of USD / EUR / GBP 50 (depends on account currency) every 45 days for inactive accounts (no trading movements within the last 45 days), assuming the account has sufficient funds. If the account is funded with less than USD / EUR / GBP 50 (depends on account currency) and has been inactive for 45 days period, the Company reserves the right to charge a lower amount to cover administrative expenses and inform the Client of the pending account closure within the next 10 business days after this notification. In case of account closure, this Agreement will be suspended and/or your account will be archived. -Commissions The company also charge fees for zero spread accounts Please find more info regarding our fees in our website xxx.0xxxxxx.xx. -Rolling over Commission / Overnight Commission / SWAPS Swaps are calculated with the basis of the interbank market price. Please find more info regarding the Rolling over Commission / Overnight Commission / SWAPS on the section 34 of this Terms & Conditions and on our website xxx.0xxxxxx.xx. -Automatic Future Contract Rolling Fee Please find more info on the section 35 of this Terms & Conditions and on our website xxx.0xxxxxx.xx. -Automatic Future Contract Rolling Fee Please find more info on the section 35 of this Terms & Conditions and on our website xxx.0xxxxxx.xx.

Appears in 1 contract

Samples: Terms and Conditions

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