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Sagot

In my review of Daman Securities, I paid particular attention to the issue of fees, given how impactful hidden or unexpected charges can be for traders like myself. Based on the information I found, Daman Securities does not explicitly state the presence of inactivity fees. Their documentation notes that they do not apply deposit fees, but there is no clear reference to charges related to periods of inactivity. In my own experience, this lack of upfront disclosure is a concern, as reputable brokers tend to provide transparent and thorough information regarding all possible fees, including inactivity charges. This omission makes it difficult for me to confidently assess the potential for unexpected charges if an account remains dormant. As a cautious trader, I always advise others to clarify such details directly with the broker’s customer support before committing any funds, especially with a broker that currently operates without regulation. The importance of fee transparency cannot be overstated in fostering trust and financial security. Given these uncertainties, I remain careful and would urge anyone considering Daman Securities to proceed with extra scrutiny and verify all fee structures—including possible inactivity charges—prior to opening or funding an account.