General Fees

Btcxglobal General Fees

Last Updated On January 22, 2019

Please find below information regarding relevant fees for Btcxglobal clients.

1. Withdrawal Fees

Ewallets:
Method Fees
Credit Card
Debit Card 4%
Prepaid Card
Wire Transfer 4%
Neteller / OKpay 4%
Perfect Money/Moneybookers (Skrill) 4%
Qiwi 4%
Webmoney 4%

Notwithstanding the aforesaid table, in the following circumstances the Company reserves the right to charge a withdrawal fee at an amount equal to 50 EUR (or the equivalent amount according to the denominated currency of the Client’s Trading Account):

If there is insignificant (one single position placed on the Trading Account only) or no trading activity in the Client’s Trading Account prior to the submission of the withdrawal request.

If the Client fails to provide to the Company accurate and/or necessary and/or adequate information/documentation for the verification of his/her/its identity and/or address as may be requested from time to time by the date of submitting a withdrawal request.

If the Company decides to process a refund to the Client due to his/her/its failure to provide to the Company accurate and/or necessary and/or adequate information/documentation for the verification of his/her/its identity and/or address as may be requested from time to time and/or for any other reason the Company deems necessary.

2. 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.

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 Variable fees
0 to 2 months Variable fees
2 to 3 months Variable fees
3 to 6 months Variable fees
Over 6 months Variable fees

3. Maintenance Fee The exact fee 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:

Monthly Maintenance Fee Variable fees

4. *Spread Information

*Please note that this apply only for CFDs

Spread is the difference between the bid (sell) and ask (buy) price. The difference is presented in pips and reflects the cost of opening a position.

5. *Swap Information

*Please note that this apply only for CFDs

Swap is the interest added or deducted from the value of your position and is only charged when a position is held open overnight.

For commodities and indices there is a fixed swap fee for keeping the position open overnight.

6. Deposit Fees

There are no deposit fees charged to the client.

7. Commission Fees

There are no commissions charged to the client.

8. Financing Fees

There are no financing fees charged to the client.

List of Payment Service Provider (PSPs):

Please find below the list of PSP companies in cooperation with their listed country headquarters and supervising authorities:

Name of Payments Service Provider Country of Establishment Regulatory Authority
Skrill International Payments Limited United Kingdom, GB Financial Conduct Authority
Paysafe Financial Services Limited (Neteller) United Kingdom, GB Financial Conduct Authority
Safecharge Cyprus, CY Central Bank of Cyprus
eMerchant United Kingdom, GB Financial Conduct Authority
MoneyNetlnt Limited United Kingdom, GB Financial Conduct Authority
Acapture Netherlands, NL Dutch Central Bank
Okpay Cyprus, CY Unregulated
Perfect Money Swiss, CH Unregulated
Gate2shop Cyprus, CY Unregulated