Costs, Fees & Charges
1. Transparency Principle
Montrock seeks to disclose material costs before a Client enters into a transaction or service. Actual charges depend on product, account type, currency, venue, liquidity, holding period and payment method.
2. Potential Charges
Potential charges include, where applicable:
- bid/offer spread;
- dealing commission;
- mark-up or mark-down;
- overnight financing / swaps / rollover;
- borrowing or short-position charges;
- currency conversion;
- market-data subscriptions;
- platform or API charges;
- custody or settlement charges;
- deposit/withdrawal charges;
- bank/intermediary charges;
- inactivity or administration charges;
- taxes, levies or exchange fees.
3. Third-Party Costs
External banks, correspondents, card providers, PSPs, payment agents, execution venues or tax authorities may impose charges outside the Company’s control. Where such charges are passed on, the Client will be informed where reasonably practicable.
4. Spreads
Published ’from’ spreads are minimum indicative levels, not guarantees. Actual spreads may widen because of volatility, liquidity, time of day, order size or market conditions.
5. Financing
Leveraged positions may incur daily or periodic financing. Rates can change and may include a benchmark/reference rate plus or minus a Company adjustment disclosed in the pricing schedule.
6. Currency Conversion
Where a transaction, fee or payment requires currency conversion, the Company may apply a disclosed conversion rate or mark-up.
7. Pricing Disclosure
Actual amounts and rates applicable to each product and account are disclosed before a Client enters into a transaction or service, and any material conditions are set out in the applicable schedule.
8. Changes
The Company may amend fees on reasonable notice where required. Market-driven items such as financing benchmarks or third-party charges may change more frequently in accordance with the applicable terms.
Contact and Regulatory Information
Montrock Ltd is incorporated in Mauritius under Company No. 231276 GBC and is regulated by the Financial Services Commission, Mauritius (FSC) as an Investment Dealer (Full Service Dealer, Excluding Underwriting), FSC Licence No. GB25205688. Registered office: Suite 201, Level 2, The Catalyst, 40 Silicon Avenue, Cybercity, Ebene 72201, Mauritius.
Compliance enquiries: compliance@mont-rock.com
Payments: payments@mont-rock.com
Website: https://mont-rock.com
Risk warning: Transactions in financial instruments, particularly leveraged or derivative instruments where offered, involve significant risk and may result in substantial loss. Nothing on the website constitutes a guarantee of profit or investment performance.