trilobite
Active member
- Messages
- 163
- Likes
- 282
I've just received a couple of emails from Darwinex about new Terms and Conditions effective 24th July 2023
Important points to note:
€10 monthly inactivity fee for dormant accounts.
Inactive trading accounts will be closed.
Client Agreement - extract
27 ACCOUNT INACTIVITY
27.1 Where you are a client of ours:
27.1.1 for an XO Service, we will consider Trading Accounts inactive if they have not held an open position within the previous 12 months
27.1.2 for a Managed Service, we will consider Trading Accounts inactive if they have not been invested in an Active Strategy within the previous 12 months
27.2 Should we determine that a Trading Account is inactive:
27.2.1 where the Trading Account is under our XO Service:
(a) any monetary balance will be transferred from the Trading Account to the Wallet
(b) the Trading Account shall be closed
If you have no active Trading Accounts under any of our Services you will be charged a €10 per month account maintenance fee. This fee will be deducted monthly from your Wallet balance until either the balance reaches zero, you resume trading or investing or you withdraw your funds.
Important points to note:
€10 monthly inactivity fee for dormant accounts.
Inactive trading accounts will be closed.
Client Agreement - extract
27 ACCOUNT INACTIVITY
27.1 Where you are a client of ours:
27.1.1 for an XO Service, we will consider Trading Accounts inactive if they have not held an open position within the previous 12 months
27.1.2 for a Managed Service, we will consider Trading Accounts inactive if they have not been invested in an Active Strategy within the previous 12 months
27.2 Should we determine that a Trading Account is inactive:
27.2.1 where the Trading Account is under our XO Service:
(a) any monetary balance will be transferred from the Trading Account to the Wallet
(b) the Trading Account shall be closed
If you have no active Trading Accounts under any of our Services you will be charged a €10 per month account maintenance fee. This fee will be deducted monthly from your Wallet balance until either the balance reaches zero, you resume trading or investing or you withdraw your funds.