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Knowledge base: Real trading accounts
Inactive account fee
Posted by Olga Palikarpava on 15 December 2015 09:56 AM

A trading account is deemed inactive (or ‘dormant’) if over a period of 90 days there are:

  • no trades or open positions; or
  • no deposits, withdrawals or transfers.

Inactive accounts will be charged 10 USD each month (Inactive account fee as specified at https://www.fxopen.com/en/trading-accounts/ and in the respective section of FXOpen Trading Terms). The fee will be deducted from an account automatically.

An inactive account will be disabled (placed into archive) when its balance becomes 0.

A Customer can ask FXOpen to re-activate an inactive account. Upon reactivation, we will charge a one-time fee of 50 USD (Reactivation account fee as specified at https://www.fxopen.com/en/trading-accounts/ and in the respective section of FXOpen Trading Terms).

Alternatively, you may open a new trading account via the  Add Account  menu in the My FXOpen personal area. It will be absolutely free.

If there are funds in your trading account and you know you won’t be trading for some time, we recommend transferring the funds to your FXOpen e-Wallet. The e-Wallet will remain active at all times, even if you do not use it.

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