1. Transparency principles
Before providing services we deliver aggregated ex-ante disclosure of all costs and charges, expressed in absolute value and as a percentage, with an illustration of their cumulative effect on return. An annual ex-post statement is provided to clients receiving an ongoing service.
2. Spread
The spread is the difference between the buy and sell price of an instrument. It may vary depending on liquidity and market conditions. [APPLICABLE SPREAD PER INSTRUMENT — INSERT]
3. Commissions
Where applicable, commissions are charged for execution or for the provision of the service in accordance with the fee schedule. [INSERT FEE]
4. Deposit costs
Deposits may be subject to costs depending on the payment method. [INSERT MINIMUM DEPOSIT] — [DEPOSIT COSTS BY METHOD — INSERT]
5. Withdrawal costs
Withdrawals may be subject to charges depending on method and currency. [INSERT WITHDRAWAL FEE]
6. Currency conversion costs
Transactions or balances in a currency other than the account currency may incur conversion costs applied at the prevailing rate plus a margin. [CONVERSION MARGIN — INSERT]
7. Overnight / swap costs
Holding positions beyond the trading day may incur financing adjustments, positive or negative, calculated in accordance with the applicable policy. [INSERT SWAP/OVERNIGHT POLICY]
8. Inactivity costs
Where applicable, inactivity charges apply to accounts with no activity for a defined period. [INSERT INACTIVITY FEE]
9. Platform-related costs
Access to certain services, market data or advanced platform features may incur dedicated costs. [PLATFORM/DATA COSTS — INSERT]
10. Other costs
Further charges may apply, for example for specific services, corporate actions or particular requests, as set out in the fee schedule. Any update to costs is communicated with adequate notice where required by law.
Questions on this document?
Write to our Compliance function at compliance@asteo.eu or to our Data Protection Officer at dpo@asteo.eu. Postal correspondence: ASTEO LUXEMBOURG S.A., 120 Boulevard de la Pétrusse, L-2330 Luxembourg, Grand Duchy of Luxembourg.
This document is provided for information purposes and constitutes a professional draft pending validation by ASTEO's Legal and Compliance function. In the event of any discrepancy between language versions, the English version prevails unless mandatory local law requires otherwise.
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