Dormant Fees Sample Clauses

Dormant Fees. 28.9.1 In the event that there is no activity (trading /withdrawals / deposits) in Client’s trading account(s) for a continuous period of 90 (ninety) calendar days, such trading account will be considered to be dormant. An Account is considered dormant on the last day of the 90 (ninety) day period any remaining credit lines will be automatically removed from the Dormant Account. Any pending orders may also be deleted. 28.9.2 Dormant Accounts will be charged with a monthly dormant fee of EUR 40 (or the equivalent in the Account Currency) or the full amount of the free balance if the balance is less than EUR 40. There will be no fee if the free balance is in the Account is zero. 22.9.3 The Client who under one user name has more than one Trading Account, will be charged a dormant fee on each account separately, if relevant accounts are considered to be dormant. Additionally, the Client may be charged a dormant fee on one of his Accounts, if that account is qualified as dormant but he may not necessarily be charged a dormant fee on another Account if he/she is active on that Account.