🔍 Account Maintenance Fee Details

Dear investors and partners, we are glad to inform you that we have updated and improved the functionality of S-Forex annual account maintenance fee. In this connection, we are in a hurry to share the details of the conditions of this update.

❓ How will the annual account maintenance fee be withdrawn?

🔹 Automatic reinvestment will be deactivated at the moment of accrual of every 12th monthly income within the deposit period, and the monthly income will be credited to the personal account balance. The 5% account maintenance fee will be deducted from the balance of the monthly income of the investor.

❓ How will automatic reinvestment work?

🔹 Automatic reinvestment is available from the first month of the deposit. During the period of account maintenance fee withdrawal, on the 12th payout, automatic reinvestment does not work, and the monthly income will be transferred to the available balance.

🔹 If on the 12th payout of the monthly income the balance will not have enough funds to pay the fee, the missing amount will be deducted the next month from the monthly income.

🔹 The missing amount will be withdrawn at the time of accrual of the next monthly income. In this case, automatic reinvestment will also be disabled.

🔹 After the account service fee is fully paid, the reinvestment function will automatically work as the user set it before.

❓ How will merging deposits work?

🔹 It is possible to combine S-Forex deposits, the term of which does not exceed 30 days, 3 times. Thus, you have an opportunity to prolong your deposit without commission for 90 days, up to 15 months in total.

❗️ Important. During the first 7 days from the moment of renewal, it will be possible to merge those deposits, the validity of which does not exceed 50 days. After this period, the merge will work for deposits that are less than 30 days old.

Updated on: 26/04/2023