In the Trading Agreement, available here:
https://www.dukascopy.com/swiss/docs/ban ... in-use.pdfthere's a clause:
3. Client’s Obligations
3.1. The Client shall be obliged:
....
(ii) to compensate Dukascopy Europe for any and all fees, taxes, losses, expenses, disbursements and commissions incurred by Dukascopy Europe in connection with the performance by Dukascopy Europe of its duties under these Conditions;Could anyone comment on that? Can anyone explain in layman's terms what it is the Client obliged to pay besides whatever listed in
https://www.dukascopy.com/swiss/docs/ban ... ariffs.pdf ?
(The above links and quotations relate to the Dukascopy Europe agreement, but the Swiss Dukascopy agreement has the same clause).
Well, I understand that trading implies risks, and if, say, a position is closed with loss, then the loss is the Client's; it's ultimately the Client who is losing. But what other expenses may the Client have to cover besides that?