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ryad22
Within 1 year

Are there any inactivity fees with MTFX, and if they exist, what are the terms associated with them?

Broker Issues
MTFX
Fees and Spreads
06-25
United States
WikiFX
Reply

Drawing from my direct research as a trader, I pay close attention to fee structures and terms that might affect account holders, especially concerning inactivity fees. With MTFX, after a thorough review of their available resources and public information, I found no transparent or explicit mention of inactivity fees for either personal or business accounts. However, details about various costs—including inactivity or maintenance fees—are generally unclear on their platform. This lack of transparency in fee disclosures raises a red flag for me, as clear communication of all potential charges is critical for trust and financial planning, especially when holding funds for extended periods. Given that MTFX is also unregulated, according to the latest reliable sources, I adopt a particularly conservative approach. When a broker is not under the oversight of recognized financial authorities, there is a higher risk that terms and conditions—including possible inactivity charges—could change without warning or may not be prominently disclosed at the outset. In my experience, this means I would be cautious and seek written confirmation from their support team before funding an account or letting it sit unused. Ultimately, for traders or users like myself who value full cost transparency, the absence of clear inactivity fee policies is a strong reason to proceed carefully or look for alternatives regulated by reputable bodies.

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