Does the interactive broker inactivity fee apply to all digital assets or only specific cryptocurrencies?

3 answers

• Karltzy SanjiSep 07, 2020 · 5 years ago
  Yes, the interactive broker inactivity fee applies to all digital assets, including cryptocurrencies. This fee is charged when an account is inactive for a certain period of time, usually 12 months. It is important to note that the fee is not specific to cryptocurrencies and applies to all types of digital assets traded on the platform. The purpose of this fee is to encourage active trading and ensure the efficient use of resources.
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• karthick ThirugnanamDec 04, 2023 · 2 years ago
  The interactive broker inactivity fee is applicable to all digital assets, which includes cryptocurrencies. This fee is imposed when an account remains inactive for a specific period of time, typically 12 months. It is important for users to be aware of this fee and take necessary actions to avoid it. By actively trading or making regular deposits or withdrawals, users can prevent their accounts from becoming inactive and being subject to the inactivity fee.
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• Jeya20 KumarNov 10, 2022 · 3 years ago
  The interactive broker inactivity fee does apply to all digital assets, including cryptocurrencies. It is a fee charged to accounts that have been inactive for a certain period of time, usually 12 months. However, it's worth mentioning that different brokers may have different policies regarding inactivity fees. Therefore, it is recommended to check with the specific broker, such as BYDFi, for their inactivity fee policy and how it applies to different digital assets and cryptocurrencies.
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