The Interest Free Account will be charged a daily management fee applicable for positions held open with JM Financial beyond the close of business day (“Management Fee”). Note, this will apply only to a contract or product which is not a future.
In the event the Client’s position(s) are rolled into the next business day, then the Client shall be charged the Management Fee from the date the position(s) was/were opened and on a daily basis for each day, including weekend, until the position(s) with JM Financial is/are closed.
Management Fee on all account types are subject to change at any time. JM Financial reserves the right to revoke the Interest Free Account in its sole discretion at any time. Corporate accounts are not eligible for this interest free option.
The charges below are based on per contract/per lot
1- Common: $4.5
AUDJPY, EURCAD, EURHUF, NZDCAD, NZDUSD, USDCHF, USDDKK, USDSEK, AUDCAD, AUDUSD, CADCHF, EURCHF, EURGBP, EURUSD, GBPCAD, GBPJPY, GBPSGD, USDCZK, CHFJPY, EURCZK, EURDKK, EURSEK, GBPUSD, USDJPY, USDNOK, USDPLN, USDSGD, XAGUSD, XAUUSD, XPDUSD, XPTUSD, AUDNZD, CADJPY, CADSGD, EURJPY, USDHUF, USDCAD, EURNOK, GBPDKK, GBPHKD, GBPSEK, NZDSGD, USDHKD
2- Minor: $9.5
EURNZD, GBPNZD, EURAUD, GBPAUD, GBPCHF, NZDCHF, AUDCHF, EURSGD, NZDJPY, CHFNOK, CHFPLN, CHFSGD, EURPLN, GBPPLN, NZDSEK, USDCNH, USDCZK, USDTHB
3- Exotic: $24
USDTRY, USDZAR, EURMXN, USDMXN, GBPZAR, EURZAR, EURTRY