General Fees

This General Fees should be read in conjunction with the Company's Terms and Conditions

In this document, you will find all the fees for the services of MangoForex (further – the Company).

Make sure to read and understand all the fees, costs, and other extra charges for each financial service offered by the Company because it may affect the entire cost of financial operation and your profit. Please familiarize yourself with the Further Information chapter at the end of this document – it contains further information about the applicable fees.

Any calculations in the tables are mentioned merely as examples.

Binary Options on Forex, Stocks

Nature Type Description

Non-recurring

Recurring

Other costs

Inactive account fees

In case there is no activity on your account for at least 90 (ninety) consecutive days, $10 (ten dollars or the equivalent in your local currency) will be charged each month as a fee to maintain your account active. If there are no funds on your account, the fee will not be deducted, and the account may be closed without further notice.

Withdrawal fees

If you withdraw money using payment service providers, then there are no withdrawal fees. The minimum amount for withdrawal is $2 or the equivalent in your local currency. Please contact our client support if you need to withdraw a smaller amount. Withdrawals through bank transfers cost $10 or the equivalent in your local currency for every withdrawal request.

Digital Options on Forex, Stocks

Nature Type Description

Non-recurring

Recurring

Other costs

Inactive account fees

In case there is no activity on your account for at least 90 (ninety) consecutive days, $10 (ten dollars or the equivalent in your local currency) will be charged each month as a fee to maintain your account active. If there are no funds on your account, the fee will not be deducted, and the account may be closed without further notice.

Withdrawal fees

If you withdraw money using payment service providers, then there are no withdrawal fees. The minimum amount for withdrawal is $2 or the equivalent in your local currency. Please contact our client support if you need to withdraw a smaller amount. Withdrawals through bank transfers cost $10 or the equivalent in your local currency for every withdrawal request.

Further information on fees:

  • Deposit fees

    All deposits are free of charge. We do not take any money from the Client for the financial instruments we offer.

  • Inactive account fees

    An administration fee will be charged from the Client’s account if there is no activity for 90 consecutive days. The fee will be charged on the 90th day if the account is considered inactive. Moreover, the Company will check the activity over the next 90 days, and an another administrative fee may be charged.

    The Company keeps communication with all clients and will inform the Client by email if their account is considered inactive.

    Suppose there are not enough funds in the Client's account to cover the administrative fee, and it has been remained inactive for 12 months. In that case, the Company reserves the right to charge a lower amount to cover expenses associated with administering the Client's account and close it completely.

    All the fees and other expenses are stated without any taxes and charges that may be imposed on the mentioned fees either from the side of the Client or the Company.

  • Verification and closure fee

    The Company may charge the Client for the closure of their account if the closure is made because the Client did not provide appropriate documentation to verify their account.

    Suppose the Client cannot provide the Company with documents to verify their account in line with the current legislation within 15 days from the date of their first deposit. In that case, the Company will return all remaining funds, excluding the profits made. If the remaining funds in the Client's account are less than $5, the Company may charge up to $5 or the equivalent in the local currency for the closure of the account.

    If the Client's balance is above $5, there will be no charge made for the return of these funds.

    Please check the Company's Terms and Conditions for full information.