Common use of Financial charges Clause in Contracts

Financial charges. 33.1. A daily financing charge may apply to each Forex or CFDs open position at the closing of the Company’s trading day as regards to each such Forex or CFD open position. 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. 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.

Financial charges. 33.130.1. A daily financing charge may apply to each Forex or CFDs CFD open position at the closing of the Company’s trading day as regards to each such Forex or CFD open position. 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. 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.