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Ahmed Harb
Within 1 year

Are there any inactivity fees with MFG, and under what circumstances do they apply?

Broker Issues
MFG
Fees and Spreads
01-16
United States
WikiFX
Reply

As someone who carefully reviews fee structures before choosing a broker, the issue of inactivity fees is always at the top of my checklist. With MFG, I found that their fee structure is described as complex and detailed, covering various aspects like trade-related services, account maintenance, and other handling fees. However, while there is a mention of account maintenance and other service-related charges, there isn’t specific, clearly stated information about standard inactivity fees in the summary materials I accessed. This lack of detail means that, as a trader, I could not definitively confirm if and when an inactivity fee applies simply by reviewing their core public documents. Given the complexity of MFG’s commission and fee structure, I believe it’s absolutely essential to consult their official fee schedule directly, which is available on their website. Before opening or funding an account, I would want to verify with their customer support or in their published fee documents whether inactivity—such as not trading or not funding your account for a set period—would result in any charges. My approach is always to err on the side of caution, especially since ambiguous or hidden fees can add up unexpectedly. This protects me from surprises that could erode trading capital over time. Ultimately, any trader considering MFG should take the time to get written clarification on such fees to ensure full transparency and informed decision-making.

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