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Are there any inactivity fees with Eddid, and under what circumstances do they apply?

Broker Issues
Eddid
Fees and Spreads
07-08
United States
WikiFX
Reply

Based on my careful review of the details available, I could not find clear, specific information regarding inactivity fees charged by Eddid. As a trader with significant experience dealing with various brokers, I know that unregulated platforms—like Eddid, as highlighted by its absence of valid regulatory licensing—often have less transparent fee structures. This can make it challenging to anticipate or verify potential hidden charges such as inactivity fees. While Eddid lists a range of commission, regulatory, service, and processing fees, there is no mention in the available materials about inactivity-related charges or the exact circumstances that might trigger them. Given the lack of explicit disclosure and the documented reputation risks linked to this broker, I believe the risk of encountering unexpected or non-standard fees—including inactivity charges—cannot be dismissed. In my practice, I always recommend assuming the most conservative scenario with an unregulated broker: be mindful that undisclosed fees could apply at the broker’s discretion, including on dormant accounts. Personally, I would avoid funding or trading with a provider until all possible fees, including inactivity fees, are clearly defined in writing. With Eddid, I found no such assurances, and for me, this is a significant red flag requiring extreme caution.

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