Capital Way Group does not charge any deposit fees or service fees. (Be aware your bank may charge you additional fees) CWG is not responsible for any additional personal bank fees that may occur.
We check each withdrawal request manually, there are no automatic withdrawals. Withdrawal fees are as follows:
1. A withdrawal once in a quarter of your funds and/ or profits are completely free of charge
2. A withdrawal more than once in a quarter (within the same quarter) incurs a bank fee of 40€. This fee will be deducted automatically from the withdrawal.
3. A withdrawal that is split into two channels (credit/debit card and wire transfer) will incur a bank fee of 40€. This fee will be deducted automatically from the withdrawal. Trading account closure during a case of open positions at a loss
In the event, IF the client chooses to close his trading account while there are open positions at a loss of more than 50 euros, and in practice, the client forces the account’s closure at a loss for his own reasons, CWG will operate in the following manner:
A Capital Way representative (who receives a notification of every deposit/ withdrawal) will contact the client to explain the implications of forcing the closure of open positions.
In the event the client is still interested in closing the account and forcing the closure of open positions, the process of closing open positions will be as follows:
Before the open positions are closed, we will deduct Capital Way’s success fee from the account’s closed positions (account history tab). The percentage of the success fee taken from the account will be in accordance with the type of account owned by the Capital Way client.
Only after Capital Way’s success fee is deducted, we will execute the open positions at a loss.