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marcustan
1-2 years

Are there any inactivity fees with Maven, and under what circumstances might they apply?

Broker Issues
Maven
Fees and Spreads
08-11
United States
WikiFX
Reply

Speaking from my own perspective as an independent forex trader, I did not find any specific, transparent information regarding inactivity fees or the conditions under which they would apply with Maven. When evaluating any broker, especially one like Maven which raises regulatory concerns—such as their FCA license being listed as “exceeded” and warnings about high potential risk—I always pay extra attention to such operational details. The absence of documented fees, including inactivity charges, is a red flag for me; it suggests a lack of transparency which may expose traders to unexpected costs down the line. In my personal risk management routine, I need clear, upfront details about all possible charges before committing funds. Without verifiable information or explicit disclosures about inactivity fees from Maven, I consider it prudent to proceed with caution. It is my view that clarity around fee structures is vital to protect my capital and planning, and any broker that cannot provide this raises questions about overall trustworthiness. I would urge anyone to seek direct, written confirmation from Maven’s official representatives before making any assumptions about fee practices, and to be aware that the lack of transparency itself constitutes a notable risk.

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