1. Definition of Dormant Accounts
An account is deemed dormant if it exhibits no trading activity for two (2) consecutive calendar months, where trading activity is defined exclusively as opening or closing a position. Deposit and withdrawal activity alone does not qualify as trading activity for the purposes of determining dormancy.
2. Fee Description
To support the ongoing maintenance, security, and administrative overhead associated with all trading accounts—even those not actively used—a Dormancy Fee will apply to accounts that remain inactive beyond the two-month threshold. This fee helps us ensure that platform resources are sustainably allocated and that inactive accounts do not disproportionately consume compliance, support, and infrastructure capacity.
3. Fee Structure
For each account classified as dormant, the following will apply:
A Dormancy Fee of up to 50 units of the currency in which the account is denominated, or the balance of the account—whichever is less—will be debited from the account.
• The fee will be charged monthly, on or around the first calendar day of each month following the two-month inactivity period.
• This fee will be assessed per account, meaning users with multiple accounts will incur the fee only on those individual accounts that meet the dormancy criteria.
• If you maintain both active and inactive accounts under the same user profile, you must conduct qualifying activity (opening or closing positions) on each specific inactive account to prevent dormancy fees from applying to that account.
4. Conditions and Termination of the Fee
The Dormancy Fee will continue to be applied each month until one of the following occurs on the dormant account:
• A position is opened or closed on the account,
• A withdrawal is initiated from the account.
Performing activity on another account associated with the same user profile will not prevent dormancy fees from being charged to an account that remains individually inactive.
5. Limitations and Special Cases
• If an account’s balance is less than 50 units of its denomination, the entire remaining balance will be debited as the final Dormancy Fee for that account.
• Once an account balance reaches zero, dormancy fees will cease to apply; however, the account may be subject to closure if the zero balance persists for six (6) or more consecutive months.
• If applicable, exchange rates will determine the equivalent amount in the account’s currency.
6. Fee Transparency
All Dormancy Fees will be reflected transparently in your account transaction history. Users are encouraged to regularly monitor their account status to ensure they remain active as desired.