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Arnold Joseph
Within 1 year

Are there any inactivity fees with RHB, and if so, what are the specific terms or requirements?

Broker Issues
RHB
Fees and Spreads
05-06
United States
WikiFX
Reply

In my personal experience evaluating RHB as a trading venue, I found that there is no explicit mention of inactivity fees in the available information. RHB's fee and interest schedule covers aspects like share margin and foreign shares financing, outlining upfront facility fees, interest rates, and specific margin terms. However, when it comes to inactivity fees—charges that some brokers levy if you don’t trade for a set period—there’s no evidence or clear disclosure indicating such a policy exists with RHB. For me, caution is warranted given the overall risk profile associated with RHB. The broker’s regulatory standing is concerning: while it previously held a license with the Securities and Futures Commission of Hong Kong, that license status has been revoked, which significantly increases potential risk from a compliance and transparency standpoint. This makes it even more important, in my opinion, to seek written clarification directly from their customer support before committing funds, particularly about any hidden or inactivity-related charges that might affect your trading capital over time. In summary, while I didn’t encounter details pointing to inactivity fees, the absence of reliable, up-to-date regulatory oversight makes it crucial to independently verify all fee structures with RHB before opening or funding an account. For all serious traders, such due diligence is a necessary part of protecting oneself in an uncertain broker environment.

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