Common use of Inactivity Fee Clause in Contracts

Inactivity Fee. 26.1 Where no activity has occurred on your account for 180 calendar days or more ("qualifying charging period"), your account will be deemed inactive. 26.2 Activity relates to the placing or closing of a trade or maintaining an open position on your account. 26.3 In such cases, a monthly inactivity fee may be applied to your account at some stage in the future and in accordance with the designated currency of your account. Forex River Ltd will notify clients in advance should such a fee become payable.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement