Common use of Inactive and Dormant Client Accounts Clause in Contracts

Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (2) months or more, the Company reserves the right to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 1 month 0 1 to 2 months 80 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 2 to 6 months 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 6 to 12 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day. Over 12 months If there is no client-initiated activity for 12 months, then the account is classified as dormant. Dormancy fees shall be 500 EUR or the equivalent amount per month. Should the client wish to re-activate his account, he/she must contact the Company directly and pay a fee in the amount of 1,000 EUR.

Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (21) months or more, the Company reserves the right right, to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 1 month months 0 1 to 2 months 80 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 2 to 6 months 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 6 to 12 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day. day followed by the below fee 2 to 6 months 120 EUR or the equivalent amount in the client's currency as per the exchange rate that day followed by the below fee 6 to 12 months 500 EUR or the equivalent amount in the client's currency as per the exchange rate that day Over 12 months If there is no client-initiated activity for 12 months, months then the account is classified as dormant. Dormancy fees shall be 500 1,000 EUR or the equivalent amount per month. Should the client wish wishes to re-activate his accountaccount , he/she must contact the Company directly and pay a fee in of the amount of 1,000 2,000 EUR.

Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (21) months or more, the Company reserves the right right, to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 1 month months 0 1 to 2 months 80 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 2 to 6 months 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 6 to 12 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day. day followed by the below fee 2 to 6 months 120 EUR or the equivalent amount in the client's currency as per the exchange rate that day followed by the below fee 6 to 12 months 500 EUR or the equivalent amount in the client's currency as per the exchange rate that day Over 12 months If there is no client-client- initiated activity for 12 months, then the account is classified as dormant. Dormancy fees shall be 500 1,000 EUR or the equivalent amount per month. Should the client wish to re-activate his account, he/she must contact the Company directly and pay a fee in of the amount of 1,000 2,000 EUR.

Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (21) months or more, the Company reserves the right right, to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 1 month months 0 1 to 2 months 80 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 2 to 6 months 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 6 to 12 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day. day followed by the below fee 2 to 6 months 120 EUR or the equivalent amount in the client's currency as per the exchange rate that day followed by the below fee 6 to 12 months 500 EUR or the equivalent amount in the client's currency as per the exchange rate that day Over 12 months If there is no client-client- initiated activity for 12 months, then the account is classified as dormant. Dormancy fees shall be 500 1,000 EUR or the equivalent amount per month. Should the client wish wishes to re-activate his account, he/she must contact the Company directly and pay a fee in of the amount of 1,000 2,000 EUR.

Inactive and Dormant Client Accounts. 24.1. Inactivity Fees: Fees may be payable by you by virtue of the fact that the Trading Platform is continually provided to you for trading, regardless of your actual use. If there are no transactions (deposits, withdrawals or trading activity) on your Trading Account for a period of at least two (21) months or more, the Company reserves the right right, to charge a monthly inactivity fee on your Trading Account, in return for the provision of the continued availability of your Trading Account. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. The exact fee schedule will be calculated according to the currency denomination of your Trading Account and is set out as follows or as changed by the Company from time to time and notified to the Client: Inactivity period Monthly Trading Account Inactivity Fee 0 to 1 month months 0 1 to 2 months 80 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 2 to 6 months 120 EUR or the equivalent amount in the client’s currency as per the exchange rate that day. 6 to 12 months 200 EUR or the equivalent amount in the client's currency as per the exchange rate that day. day followed by the below fee 2 to 6 months 120 EUR or the equivalent amount in the client's currency as per the exchange rate that day followed by the below fee 6 to 12 months 500 EUR or the equivalent amount in the client's currency as per the exchange rate that day Over 12 months If there is no client-initiated activity for 12 months, months then the account is classified as dormant. Dormancy fees shall be 500 1,000 EUR or the equivalent amount per month. Should the client wish to re-activate his accountaccount , he/she must contact the Company directly and pay a fee in of the amount of 1,000 2,000 EUR.