Common use of Swap Clause in Contracts

Swap. 11.1 All types of accounts and market instruments are subject to overnight fee (SWAP). 11.2 The company may grant the client a swap free – grace period, as the SWAP free- grace period will take effect from the date of executing / or opening the position, and at the expiration of grace period, SWAP will start to be calculated on positions that are still open and not closed before the grace period expires , this is also an advantage for all traders who hold their positions for multiple days without being aware of swaps or overnight fees. Noting that such grace period is determined by Accuindex Limited and is subject to modification or cancellation, and the possibility of calculating a backdated swap on all transactions at any time without prior notice to the client. 11.3 In the event of market abuse and /or misuses of swap free- grace period by holding floating positions during the swap free period , taking advantage of the swap-free facility, and gaining profits from swaps, the client who commits these offenses will be charged with a backdated swap on all positions executed in his trading account from the date of opening the account till date, and must close the floating positions immediately 11.4 Hedging a currency pair by its corresponding Future CFD and/or hedging positions on a swap- based account against positions on a swap free account is forbidden, as these also represent attempts to take advantage of the swap free facility and gain profits from swaps; one direction of this kind of hedge must be closed immediately. 11.5 No overnight fee (SWAP) on positions that are opened and closed on the same day .

Swap. 11.1 All types of accounts and market instruments are subject to overnight fee (SWAP). 11.2 The company may grant the client a swap free – grace period, as the SWAP free- grace period will take effect from the date of executing / or opening the position, and at the expiration of grace period, SWAP will start to be calculated on positions that are still open and not closed before the grace period expires , this is also an advantage for all traders who hold their positions for multiple days without being aware of swaps or overnight fees. Noting that such grace period is determined by Accuindex Limited Sicher Mayor FX and is subject to modification or cancellation, and the possibility of calculating a backdated swap on all transactions at any time without prior notice to the client. 11.3 In the event of market abuse and /or misuses of swap free- grace period by holding floating positions during the swap free period , taking advantage of the swap-free facility, and gaining profits from swaps, the client who commits these offenses will be charged with a backdated swap on all positions executed in his trading account from the date of opening the account till date, and must close the floating positions immediately 11.4 Hedging a currency pair by its corresponding Future CFD and/or hedging positions on a swap- based account against positions on a swap free account is forbidden, as these also represent attempts to take advantage of the swap free facility and gain profits from swaps; one direction of this kind of hedge must be closed immediately. 11.5 No overnight fee (SWAP) on positions that are opened and closed on the same day .

Swap. 11.1 All types of accounts and market instruments are subject to overnight fee (SWAP). 11.2 The company may grant the client a swap free – grace period, as the SWAP free- grace period will take effect from the date of executing / or opening the position, and at the expiration of grace period, SWAP will start to be calculated on positions that are still open and not closed before the grace period expires , this is also an advantage for all traders who hold their positions for multiple days without being aware of swaps or overnight fees. Noting that such grace period is determined by Accuindex NXG Markets Limited and is subject to modification or cancellation, and the possibility of calculating a backdated swap on all transactions at any time without prior notice to the client. 11.3 In the event of market abuse and /or misuses of swap free- grace period by holding floating positions during the swap free period , taking advantage of the swap-free facility, and gaining profits from swaps, the client who commits these offenses will be charged with a backdated swap on all positions executed in his trading account from the date of opening the account till date, and must close the floating positions immediately 11.4 Hedging a currency pair by its corresponding Future CFD and/or hedging positions on a swap- based account against positions on a swap free account is forbidden, as these also represent attempts to take advantage of the swap free facility and gain profits from swaps; one direction of this kind of hedge must be closed immediately. 11.5 No overnight fee (SWAP) on positions that are opened and closed on the same day .