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mohdfazlan
Within 1 year

Are there any inactivity fees associated with MITO, and if there are, under what circumstances do they apply?

Broker Issues
MITO
Fees and Spreads
04-06
United States
WikiFX
Reply

As someone who values transparency and cost-control in my trading experience, I paid close attention to the fee structures listed for MITO. Based on the available information, I could not find any direct mention of inactivity fees imposed by MITO. My review of their services and documentation did not reveal any policy about charges applied to accounts that remain dormant or inactive over a period of time. That said, in my experience with brokers, especially those operating in highly regulated environments like Japan's under the Financial Services Agency (FSA), undisclosed fees can be problematic for trust and long-term planning. The absence of clear information about inactivity fees makes me hesitant to make assumptions that none exist. Instead, I make it a personal practice to contact customer support directly or carefully review all official disclosures before opening an account or letting it go unused for an extended timeframe. Since MITO is regulated and seems to cater more toward Japanese residents, my caution is always heightened when details on standard costs—such as inactivity—aren’t openly addressed. For my trading and cash management style, clarity around potential dormant account fees is non-negotiable, so I would advise fellow traders to confirm these points individually before deciding to hold or idle funds with MITO over the long term.

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