Yes. OneRoyal may charge an inactivity fee if your account remains inactive for a prolonged period.
When is an inactivity fee applied?
An inactivity fee of USD 10 per month is charged if:
You have not placed any trades for 180 consecutive days, and
You have no open positions on your account
The fee may be applied regardless of your account balance or equity once these conditions are met.
What is considered a dormant or inactive account?
Dormant account:
Your account is classified as dormant if you have not deposited, withdrawn, or placed any trades for 365 consecutive days.Inactive account:
Your account is classified as inactive if you have not deposited, withdrawn, or placed any trades for 180 consecutive days.
How can I avoid inactivity fees?
You can avoid inactivity fees by:
Placing at least one trade
Making a deposit or withdrawal
Keeping your account active within the required timeframes
How can I reactivate my account?
If your account becomes dormant or inactive, you may be asked to provide updated information or documentation in order to reactivate it.