ECT Broking
EAX Certified Traders Broking is a membership category that comprises traders who can trade for themselves and on behalf of their own clients. Generally called Brokers, they are business organizations participating in commodity market.
Broker fee
| Product | Maximum Fees (Not exceeding) |
| Standard 1MT-5MT Contract transaction | 0.5% of contract value per deal |
| Standard 6MT-10MT Contract transaction | 0.7% of value contract per deal4 |
| Standard of 10MT Contract transaction | 1% of value contract per deal |
* EAX contract size is 1MT
Terms and Conditions
The Maximum fees associated with the enumerated transactions may also be negotiated as mutually agreed between Broker and client.
Broker shall invoice the client on a monthly basis for all services provided by Broker in that preceding calendar month (or any other form of pre-arrangement undertaken and agreed with client) and shall provide the client with a corresponding summary of all transactions for which Broker has acted on behalf of the Client. All invoices are payable within thirty (30) days from the date of the applicable invoice. All Fees are exclusive of any sales tax for which the Client shall be additionally liable.