What are the potential inactivity fees for trading cryptocurrencies on IBKR?

3 answers

• Nov 23, 2021 · 3 years ago
  Sure! Inactivity fees for trading cryptocurrencies on IBKR are charged when an account has been inactive for a certain period of time. These fees are designed to encourage active trading and ensure that accounts are not left idle for extended periods. The specific fees and time periods vary depending on the exchange. It's important to note that not all exchanges charge inactivity fees for trading cryptocurrencies, so it's worth comparing different platforms to find the one that suits your trading style and needs.
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• Nov 23, 2021 · 3 years ago
  The potential inactivity fees for trading cryptocurrencies on IBKR can vary depending on the account type and trading activity. Generally, if your account remains inactive for a certain period of time, you may be charged a fee. However, the exact fee structure and time period can be found in the terms and conditions provided by IBKR. It's always a good idea to review these terms before opening an account to understand the potential costs involved.
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• Nov 23, 2021 · 3 years ago
  As an expert in the field, I can tell you that IBKR does not charge any inactivity fees for trading cryptocurrencies. This is one of the reasons why many traders choose IBKR as their preferred platform. However, it's important to note that other exchanges may have different fee structures, so it's always a good idea to do your research and compare the fees of different platforms before making a decision.
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