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Razzie87
1-2 years

Are there any inactivity fees associated with MIB, and if there are, what are the terms and requirements for those fees?

Broker Issues
MIB
Fees and Spreads
07-27
United States
WikiFX
Reply

In my experience evaluating MIB, I could not find any definitive, publicly available information about inactivity fees or their specific terms. While I've come to expect that seasoned brokers detail fee structures transparently, my review of MIB revealed that their platform’s fee information lacks clarity, with even user feedback highlighting hidden or unclear costs. This absence of explicit documentation on whether inactivity fees are charged makes it difficult for me to confidently assess the risks related to dormant accounts. For me, as a cautious trader, the lack of clarity and transparency is a significant concern. In the past, I’ve seen that some brokers without clear communication around fees may later enforce charges that catch clients off guard. Because MIB already has issues with revoked regulation and suspicious business scope, I believe it is especially important to have up-to-date, precise information directly from the broker’s official communication channels before committing any funds. Therefore, I would strongly recommend contacting MIB’s customer service directly to get a written, detailed breakdown of all potential fees, including any related to account inactivity. In my own trading journey, I treat unclear or missing fee schedules as a warning sign to proceed with heightened caution and prioritize full transparency before taking any action.

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