Common use of Margin Requirement Clause in Contracts

Margin Requirement. You agree to deposit and maintain in your Account sufficient funds to meet OANDA’s Margin Requirement. You acknowledge that not having sufficient funds to meet OANDA’s Margin Requirement could result in a Margin Closeout, and that funding options for accounts trading in cryptocurrency CFDs may be restricted, due to restrictions placed by payments providers, and this may have implications for the speed at which you may be able to deposit sufficient funds to meet OANDA’s Margin Requirement. You agree to monitor the funds in your account and ensure there are sufficient funds to meet OANDA’s Margin Requirement. Nothing in this Agreement shall be taken to mean that OANDA is required to provide you with time to respond prior to a Margin Closeout when in its sole discretion OANDA deems it necessary to take immediate action. In the event of a Margin Closeout OANDA may close all of your Open Positions.

Appears in 3 contracts

Samples: Fxtrade Customer Agreement, Fxtrade Customer Agreement, Fxtrade Customer Agreement

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Margin Requirement. You agree to deposit and maintain in your Account sufficient funds to meet OANDA’s Margin Requirement. You acknowledge that not having sufficient funds to meet OANDA’s Margin Requirement could result in a Margin Closeout, and that funding options for accounts trading in cryptocurrency CFDs may be restricted, due to restrictions placed by payments providers, and this may have implications for the speed at which you may be able to deposit sufficient funds to meet OANDA’s Margin Requirement. You agree to monitor the funds in your account and ensure there are sufficient funds to meet OANDA’s Margin Requirement. Nothing in this Agreement shall be taken to mean that OANDA is required to provide you with time to respond prior to a Margin Closeout when in its sole discretion OANDA deems it necessary to take immediate action. In the event of a Margin Closeout Clos eout OANDA may close all of your Open Positions.

Appears in 1 contract

Samples: Fxtrade Customer Agreement

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