An inactivity fee may apply when a trading account has had no qualifying trading activity for the period applicable to the ThinkMarkets entity holding the account.
Current internal rules include:
- Australia: after 180 days — A$30 per month.
- St Lucia: after 6 months — USD 30 per month.
- Seychelles: after 6 months — USD 30 per month.
- South Africa: after 6 months — ZAR 25 per month.
- Cyprus: after 90 days — EUR 20 per month.
Different rules can apply to other entities.
What counts as activity?
Qualifying activity generally relates to live trading activity, such as executing a live trade or maintaining an applicable live position, according to the entity's terms.
Can an inactivity fee make my balance negative?
No. An inactivity fee is not used to reduce the trading account balance below zero.