Coindesk Miner General Fees

Last updated on January 22, 2018

Please find below information regarding relevant fees for Coindesk Miner clients.

1. Withdrawal Fees

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. You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. The monthly inactivity fee shall increase as the total period of inactivity increases. 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:

In the event of inactivity, the Company reserves the right to deduct the full amount of all active bonus(es) from the current balance of the account along with all profits related to the bonus issued by the Company in accordance with the Company’s Symmetrical Bonus Method protocols, as described in our Bonus Terms and Conditions.

3. Maintenance Fee

Maintenance Fee will be charged each month, regardless if there are transactions (deposits, withdrawals or trading activity) on your Trading Account or not. However, if for a period of at least two (2) months or more, there will be no transactions in your Trading Account, the Company reserves the right, to charge a monthly inactivity fee, in accordance with Section 2 above, instead of Maintenance Fee.

You agree that you are liable to and will pay the applicable fee as notified to you from time to time and that we may deduct such fee from any funds held by us on your behalf. 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:

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: