WikiFX

Sagot

In my review of Shahjalal Islami Bank Securities Ltd, I found that detailed information about inactivity fees is not disclosed. As an experienced trader, lack of transparency regarding fees—especially those like inactivity charges—raises red flags for me. Understanding all possible costs is crucial to managing risks and evaluating the true cost-effectiveness of a trading account. From what I could verify, the broker clearly lists charges such as BO account opening and closing fees, annual maintenance, and penalties for cheque dishonor, but makes no explicit mention of any inactivity fees. For me, in the absence of explicit details, I have to proceed with caution. Brokers that do not operate under the oversight of a recognized regulator, such as this one, can change their fee schedules or introduce new charges without the safeguards typical in more established, licensed environments. If inactivity fees do exist, the lack of disclosure makes it nearly impossible to know under what circumstances they might apply or how much they could be. This lack of transparency and regulation is a significant concern for traders who want predictability in their trading costs. In my own risk management approach, I would be wary of opening or maintaining an account here without clear, written confirmation about all applicable fees, including those related to inactivity.