Commission compensation
Payment systems commission compensation will be implemented for the following systems: Plastic cards (credit & debit), Moneybookers, Wirecard, Click2Pay according to the the terms specified in the table:
| Payment method | Card type | Payment system commission, % | Amount of commission that Forex Club refunds, %, (1*) | The minimum payment amount to get the commission refunded, $., (2*) |
| Plastic cards | Visa, Master Card | 4% (min. $0,5) | 4.2% | 100 |
| Moneybookers | JCB, American Express, Visa, Master Card, Diners Club | 3% (min. $0,5) | 3.3% | 100 |
| Wirecard Asia | Visa, Master Card | 5% (min. $1) | 5.3% | 100 |
| Click2Pay | Union Pay | 5% (min. $1) | 5.3% | 100 |
(1*)The refunded amount may not be withdrawn from the client’s account at any time; and upon the closing of the client’s account will be refunded to FX Club provided sufficient funds remain in the account. Attention! There would be no compensation for the ActForex types of accounts.
(2*) No refund will be made if the sum is less than the minimum required payment amount.
Example:
Payment over Moneybookers:
- Payment amount is $1000. Payment system commission will be $30(1000*0,03 = 30), in this case amount of commission that Forex Club refunds is $33(1000*0,033). The sum that should be transfered into your trading account will be equal to $1003. (970 + 33 = 1003).
- Payment amount is $50. Payment system commission will be $1.5 (50*0,03 = 1,5), as the comission is refunded for payments over $100, amount of compensation is 0. The sum that should be transfered into your trading account will be equal to $48,5. (50 – 1,5 = 48,5).
