Members of XTrade may issue written notice of intent to cancel their member account at any time. If canceled by a Member, cancellation will be effective within 30 days after the receipt of cancellation notice in writing.
All Cash Transaction fees due, plus any Trade Dollars owed, become immediately due and payable in Cash.
The monthly fee is considered earned on the first day of each month. Therefore any member account closed after the first of each month will not be entitled to a refund of the monthly fee for the month of cancellation.
Accounts over 90 days past due may be closed by XTrade, at which time any Fees, plus Trade Dollars owed becomes immediately due and payable in Cash. XTrade Corporation reserves the right to cancel membership without notice and to terminate Members trading privileges for violation of any provisions of the trade agreement, or trading policies.