WikiFX

Reply

From my own research and careful review of R Wadiwala as a broker, I’ve found that their official disclosures and publicly available information are quite limited, especially regarding fee structures such as inactivity fees. For me, as someone who values transparency and takes account fees seriously, the absence of clear details about inactivity charges is a significant concern. This makes it extremely difficult to know whether, when, or how any inactivity fees might be applied to dormant accounts. What especially stands out is that R Wadiwala operates without valid regulation, and WikiFX labels it with a high potential risk score, which immediately demands extra caution. In my experience, brokers that are not regulated and that do not explicitly publish their fee schedules often leave traders vulnerable to unexpected costs, including possible inactivity fees. I always look for brokers who not only post their fees and charges clearly but also update clients well in advance of any policy changes—neither of which I could confirm with R Wadiwala. Given all these factors, I would strongly recommend that anyone considering this broker directly contact their customer service—using the official channels listed—to request written confirmation about inactivity fees and related policies before opening or leaving funds in an account. For me, a lack of clarity here is unacceptable, particularly in a field where trust and financial security are paramount.