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Are there any inactivity fees associated with MUFG accounts, and if so, under what circumstances are they applied?

Broker Issues
MUFG
Fees and Spreads
02-22
United States
WikiFX
Reply

Based on my experience navigating the details available for MUFG, or Mitsubishi UFJ eSmart Securities (also known as au Kabucom Securities), I couldn't find any direct reference to inactivity fees being charged on their accounts. My fundamental rule is to always look for official fee disclosures before choosing a broker, especially when it comes to potential hidden costs like inactivity charges. In my review of MUFG’s fee structure, the primary fees highlighted were related to trading—such as commissions on stock transactions and the structure for other securities—rather than account maintenance or inactivity. The context specifically emphasizes commission-free forex trading with costs built into the spread, but does not mention dormant account fees. Given that the available information does not openly address inactivity fees, I would exercise caution and recommend that anyone considering MUFG as a broker confirm this directly by contacting their customer service via email or telephone. It’s also important to be aware that policy details can sometimes be subject to change or may not be fully published, particularly in companies mainly serving a domestic (in this case, Japanese-speaking) clientele. For me, confirming the absence of inactivity fees is essential to avoiding surprises, and I urge others to seek up-to-date, direct clarification from the broker before committing funds. This kind of due diligence is crucial for managing long-term trading costs and protecting personal financial interests.

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