Common use of Inactive and Dormant Client Accounts Clause in Contracts

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on the first day of the month following the three (3) months of inactivity.

Appears in 11 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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Inactive and Dormant Client Accounts. 18.116.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), the Company will classify it will be charged as inactive doormat account and shall have the right to charge the Client Account a monthly maintenance fee of as determined by the Company in its discretion from time to time in the Trading Conditions (depending in the Currency of the Client Account) in order to maintain the Client Account open and any bank or other related charges. The Company shall not need to contact the Client before it starts charging the fee. The fee These fees will equal 10 units of the account currency and will be charged appear on the first day of the month following the three (3) months of inactivityWebsite.

Appears in 8 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Inactive and Dormant Client Accounts. 18.119.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of (the account currency and will be charged sum is available on the first day Website and/or the Platform), which may be different for different types of the month following the three (3) months of inactivityClient Accounts or Financial Instrument.

Appears in 6 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no tradingin that the Client fails to provide an Order, no open positions, no withdrawals or deposits), it the Company reserves the right to render the Client Account dormant and shall have the right to charge the Client Account a fee. Inactive Accounts will be charged subject to a monthly maintenance fee. The fee will equal 10 units charge of thirty (30) USD or its equivalent in the currency of the trading account currency (“Inactivity Fee”) for every Inactive Account relating to the maintenance, administration and will be charged on compliance management of such Inactive Accounts, which charge shall apply in accordance with the first day of the month following the three (3) months of inactivity.formula:

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Inactive and Dormant Client Accounts. 18.1. 19.1 If the Client Client’s Account is inactive for three one (31) months year or more (i.e. there is no trading, no open positionsOpen Positions, no withdrawals or depositsdeposits and no access to your Client Portal), it will be charged the Company reserve the right to charge a monthly maintenance fee. The fee will equal of 10 units units, depending of the account currency and will Currency of Account. In such a case the said Account shall be charged on the first day of the month following the three (3) months of inactivityconsidered as dormant.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) six months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance feefee which may be different for different types of Client Accounts or Financial Instrument. The fee will equal 10 units of the account currency and will be charged applicable fees are found on the first day of Company’s fee schedule on the month following the three (3) months of inactivityCompany’s Website.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance the Company shall have the right to charge the Client Account an Inactivity fee. The fee Company shall not need to contact the Client before it starts charging the fee. These fees will equal 10 units appear on the Website . It is clarified that the factors that are taken into consideration when deciding the amount of the account currency and will be charged on the first day of the month following the three (3) months of inactivityinactivity fee include, inter alia, maintenance costs, administrative costs, banking fees, data fees etc.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Inactive and Dormant Client Accounts. 18.1. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on daily according to the first day of the month following the three (3) months of inactivityclients “Free Margin”.

Appears in 2 contracts

Samples: Terms and Conditions, Client Agreement

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Inactive and Dormant Client Accounts. 18.11. If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on the first day of the month following the three (3) months of inactivityU$S 50.

Appears in 1 contract

Samples: Terms and Conditions

Inactive and Dormant Client Accounts. 18.1. If 18.1.If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on the first day of the month following the three (3) months of inactivity.

Appears in 1 contract

Samples: Terms and Conditions

Inactive and Dormant Client Accounts. 18.1. 18.1 If the Client Account is inactive for three (3) months or more (i.e. there is i.e no tradingtrading takes place, no open positions, no withdrawals or deposits), it the Client Account will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency ($10 or 10 EUR or 10 GBP) and will be charged on the first day of the month following the three (3) months of inactivity.

Appears in 1 contract

Samples: everestcm.com

Inactive and Dormant Client Accounts. 18.1. If 1.If the Client Account is inactive for three (3) months or more (i.e. there is no trading, no open positions, no withdrawals or deposits), it will be charged a monthly maintenance fee. The fee will equal 10 units of the account currency and will be charged on the first day of the month following the three (3) months of inactivityU$S 50.

Appears in 1 contract

Samples: Terms and Conditions

Inactive and Dormant Client Accounts. 18.120.1. If the Client Client’s Account is inactive for three one (31) months year or more (i.e. there is no trading, no open positionsOpen Positions, no withdrawals or depositsdeposits and no access to your Client Portal), it will be charged the Company reserve the right to charge a monthly maintenance fee. The fee will equal of 10 units units, depending of the account currency and will Currency of Account. In such a case the said Account shall be charged on the first day of the month following the three (3) months of inactivityconsidered as dormant.

Appears in 1 contract

Samples: Client Agreement

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