The inactivity fee will be charged if you have no open positions and have not been trading on your account(s) during a period of 6 months or more since the last cash in movement on your account.

The inactivity fee amounts to a maximum of 10 units of your base currency* (irrespective of the number of accounts you hold) or to the equivalent of your remaining balance.

The inactivity fee will be deducted on a monthly basis until you resume your trading activity, close your account(s) or the balance of your account(s) is reduced to zero. (The fee may reduce your balance to zero, but will not take it into the negative.)

*valid for accounts in CHF, USD, EUR or GBP – For other currencies, equivalent of CHF 10 will be charged

The inactivity fee applies to retail clients only. The following clients are exempt from the fee:

• Introducing brokers

• Money Managers

• Institutional clients

• Corporate clients