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In the event of a cancellation or modification of a foreign exchange contract, will there be a fee on the transaction?

No. However, a monetary adjustment (debit or credit) will be made to account for the fair market value of the contract. The new deferred contract rate will reflect this adjustment.

In the case of a debit, the new rate will be better than the original rate. In the case of a credit the new rate will be worse than the original rate.

If you have any questions, contact your foreign exchange trader 1-844-990-5655.

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How long does it take before I have a monetary adjustment following a cancellation or modification of a foreign exchange contract? Learn how long it takes for a monetary adjustment following a cancellation or modification of a foreign exchange contract.
Why don’t I see the rate for my contract in my foreign exchange platform? Get more information from your foreign exchange trader if your contract rate is not displayed.
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When will my transaction be visible on the foreign exchange platform? Your transaction will be visible on the platform as soon as its confirmed.

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