WikiFX

Sagot

As someone who places a high priority on understanding all fees before opening a new brokerage account, I carefully checked the information available on UTRADE. Based on my review, I did not find any explicit mention of inactivity fees or related charges for dormant accounts in the official descriptions and broker details provided. What stands out to me is that UTRADE is a Hong Kong-based broker with over 20 years of operation and is regulated by the SFC, suggesting a certain level of credibility and oversight in terms of operational transparency. However, I have learned through experience that the absence of clear public information on inactivity fees doesn’t always guarantee there aren’t any. Sometimes, brokers update their fee structures periodically or disclose uncommon charges within the client agreement or upon application. For my own accounts, I always request the latest fee schedule directly from the broker and read the client agreement carefully before proceeding. Given UTRADE’s history and regulatory status, I would expect them to disclose any such fees formally if they exist, but I wouldn’t assume there are none without verifying in writing. In my opinion, it’s best to confirm directly with their customer support to avoid any surprises—especially since some brokers introduce inactivity fees after long periods of account dormancy. This cautious approach has served me well and helps ensure that I make well-informed decisions about my trading costs.