Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
webgalaxy
Within 1 year

Does Shahjalal Islami Bank Securities Ltd impose inactivity fees, and under what circumstances might these apply?

Broker Issues
Shahjalal Islami Bank Securities Ltd
Fees and Spreads
07-06
United States
WikiFX
Reply

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.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com