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Are there any inactivity fees with Phillip Securities, and if they do apply, under what circumstances are they charged?

Broker Issues
Phillip
Fees and Spreads
03-10
United States
WikiFX
Reply

From my careful review of the available data, I could not find any explicit information on inactivity fees or their application at Phillip Securities. As someone who has traded for years and relies on clear, upfront disclosures from brokers, I always pay extra attention to potential hidden charges such as inactivity fees, as these can impact long-term trading costs and strategy. The sources reviewed highlight Phillip Securities’ long-standing operation, regulation under Japan’s Financial Services Agency (FSA), and the reliability of their trading technology; however, despite a decent level of transparency regarding their regulatory standing and product offerings, I have not seen any mention of inactivity fees, specific timeframes, or conditions under which such fees would apply. In my experience, prudence is essential when such key details are omitted in public materials, as terms could potentially be buried in account agreements or change without wide notification. I strongly recommend that anyone considering opening an account with Phillip Securities request explicit confirmation from their customer service or read the full terms and conditions before committing funds, particularly if you tend to take breaks from trading. Focusing on documented policies directly from the broker is the safest course, especially in matters concerning possible account charges. For me, maintaining this level of caution has always been key to safeguarding my capital and ensuring that my trading environment is as predictable as possible.

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