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Are there any inactivity fees with Shin, and under what circumstances might they apply?

Broker Issues
Shin
Fees and Spreads
05-10
United States
WikiFX
Reply

After carefully reviewing Shin’s background, I’ve found that the available information does not clearly specify the presence or exact terms of inactivity fees. As an experienced trader, I always look for transparency in a broker’s fee structure, especially regarding less obvious costs like inactivity charges, which can unexpectedly impact long-term account holders. For Shin, fee disclosure appears somewhat limited, so it’s difficult to confirm if and when such fees might apply. Given Shin’s regulated status under Japan’s FSA and its positioning as a brokerage for novice investors, I would expect essential cost information—including inactivity fees—to be made available to clients. However, since Shin lacks an online trading platform and primarily offers services through traditional channels, fee details may be provided directly during account setup or via printed documentation rather than online. In my experience, this approach often leaves room for important details, like possible inactivity fees, to be overlooked unless explicitly asked about. Because financial services carry potential risks to one’s capital, I strongly recommend that anyone considering Shin clarify this point directly with their representatives before opening or maintaining an account. This is especially vital for those who might trade infrequently, as inactivity fees can accumulate quietly. Ultimately, while Shin’s regulatory supervision reassures me to some extent, the lack of explicit inactivity fee information means personal due diligence remains essential.

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