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Sagot

From my detailed review of the available information on Midas Securities, I have not found any explicit mention of inactivity fees in their published fee schedule. As a trader, I pay close attention to all costs that could affect my net returns, and inactivity fees—those charged when an account is dormant for a set period—can be significant at some brokers. In this case, Midas Securities outlines charges for trading commissions, fund deposits and withdrawals, statement requests, and various account services, but I did not come across a specific fee tied to account inactivity or dormancy. However, financial institutions sometimes update their fee structures or introduce new charges as regulations or business models evolve. The fee schedule from Midas Securities is subject to change without prior notice, which is important for all investors to keep in mind. In my experience, when a broker does not clearly state a policy about inactivity fees, I consider it prudent to seek direct confirmation from their customer service. I always recommend clarifying such points in writing, especially if your trading style might involve periods of account inactivity. This cautious approach, in line with best practices for safeguarding one’s financial interests, ensures that unforeseen fees do not erode your capital over time.