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Are there any inactivity fees associated with VNDIRECT accounts, and under what circumstances might they apply?

Broker Issues
VNDIRECT
Fees and Spreads
03-18
United States
WikiFX
Reply

As an experienced forex trader, risk management and transparency always come first in my decision-making process, especially regarding potential hidden fees like inactivity charges. When evaluating VNDIRECT, I noticed that their public information—at least what's currently accessible—does not provide any clear details about inactivity fees or the specific circumstances under which they might apply. For me, the absence of this key information is concerning because inactivity fees can significantly erode account balances if not closely monitored. It’s also important to highlight that VNDIRECT operates without valid regulatory oversight, according to my research. This lack of regulation raises the stakes when considering any brokerage, as regulatory frameworks often mandate more comprehensive disclosures about all possible fees. With VNDIRECT, I am left without the typical assurances regarding fee transparency that a regulated broker would be required to provide. Given the limited information on account types, trading conditions, and fee structure—along with warnings about high potential risk and a lack of valid licensing—I personally would be extremely cautious. In my view, unless VNDIRECT can deliver fully transparent, upfront policies regarding all charges, including inactivity fees, I would find it difficult to justify opening or maintaining an account there. As always, I believe it’s safest to contact the broker directly for written clarification before committing any funds, and ideally to prioritize brokers whose regulatory status ensures mandatory protection and disclosure.

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