Fee Schedule

The fee schedule is the document in which a regulated broker sets out every charge that can be applied to an account: commissions by account type and instrument, financing and swap treatment, currency conversion, deposits and withdrawals by method, inactivity and dormancy, and anything charged for statements, certificates or account closure. It forms part of the client agreement pack alongside the terms of business, the order execution policy and the risk disclosure. It is the one place where a marketing page can be checked against the contract, and the differences are usually in what the marketing omits rather than in what it states. Read it for the charges that are conditional — those that begin after a period, apply below a threshold, or attach to one particular funding method — and for the clause that says how the schedule may be changed and how much notice you are owed. Where a figure is described as indicative or as a maximum, treat it as a range rather than as a price.