The Administration Fees vary per symbol. 3x Administration Fee will be charged on a Wednesday.
See the table below.
Example:
Leila opens a buy 1 lot of XAUUSD on Thursday. The Grace Period is 7 days and the Admin Fee is $20 per lot.
At EOD on Thursday, there is no charge. Grace nights remaining = 6.
At EOD on Friday, there is no charge. Grace nights remaining = 5.
At EOD on Monday, there is no charge. Grace nights remaining = 4.
At EOD on Tuesday there is no charge. Grace nights remaining = 3.
At EOD on Wednesday there is no charge. Grace nights remaining = 0 (Wednesday counts as 3 days).
At EOD on Thursday a $20 Admin Fee will be charged.
The Administrative Fee will appear on your statement as “Daily Admin Fee {symbol name}” at the end of each day, under a single entry for each Instrument. In the above example, it will appear like this…
Daily Admin Fee XAUUSD: -$20.00