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Are there any inactivity fees with TradeSmart, and under what circumstances do they apply?

Broker Issues
TradeSmart
Fees and Spreads
05-16
United States
WikiFX
Reply

Based on my deep dive into TradeSmart’s available information, I was unable to find concrete details regarding any inactivity fees or the specific circumstances under which such fees might be assessed. As a seasoned trader, I know that the presence and conditions of inactivity fees significantly impact long-term costs, particularly for those like me who may not trade continuously. This absence of transparency around inactivity charges immediately raises a red flag for me, especially since TradeSmart clearly operates without regulatory oversight. In my experience, unregulated brokers can sometimes impose fees or charges in less predictable ways, so the lack of detailed, clear policy documentation on such a basic topic is concerning. Whenever I engage with any broker, I look for precise wording about all types of costs, including inactivity, maintenance, or other ancillary charges. Given that TradeSmart does not provide clear public documentation on this matter, and reflecting on my own risk management principles, I believe it’s critical to seek direct written confirmation from their customer support before funding any account or going inactive for an extended period. At this time, I cannot confidently state their inactivity fee policy, and for me, this lack of clarity is a significant drawback that would deter my participation unless resolved to my full satisfaction.

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