I've been trading with Fortrade for a while, but I've heard there might be an inactivity fee. I'm wondering how much this fee is and if it applies to my account. Can anyone tell me what the inactivity fee for Fortrade is?
6 answers
SejongWisdomSeeker
Sun Oct 13 2024
The administrative fee will be charged in the account's currency, converted at the standard exchange rate. This ensures that clients are charged fairly and consistently, regardless of their base currency.
Maria
Sun Oct 13 2024
The fee represents Fortrade's administrative expenses in keeping the account operational, even when it is not actively being used by the client. These costs include data storage, system maintenance, and other overheads.
BlockchainVisionary
Sun Oct 13 2024
It is important for clients to be aware of this policy and ensure that their accounts remain active to avoid unnecessary charges. Regular activity, such as logging in or making transactions, can help keep an account from becoming inactive.
Nicola
Sun Oct 13 2024
In addition to administrative fees, Fortrade may also have other policies and charges in place for inactive accounts. Clients are advised to review the company's terms and conditions for a comprehensive understanding of all potential fees and charges.
CryptoProphet
Sun Oct 13 2024
When a Client Account becomes inactive, Fortrade reserves the right to impose an administrative fee. This fee, set at 10.00 USD, is designed to cover the costs associated with maintaining and managing the inactive account.