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In my independent evaluation of MSB e-Trade, I found significant challenges in obtaining clear information about their fee structure, specifically regarding inactivity fees. According to the context provided, MSB e-Trade operates without valid regulatory oversight, and there is a recognized high potential risk associated with their business. What stands out for me is the lack of transparency—not only is there no mention of inactivity fees, but there seems to be very limited publicly available information about their broader fee policies as well. As an experienced trader, I am cautious when a broker omits details like inactivity fees, as such charges can materially impact my trading costs. Transparency in this area is crucial for trust and proper risk management. The absence of regulatory backing makes it even more important to have explicit terms, since, in my experience, unregulated entities sometimes introduce unexpected or hidden charges. Without regulatory pressure demanding clarity, there is always a risk of undisclosed fees being implemented or changed without sufficient notice. Given these factors, I must stress the importance of reaching out directly to MSB e-Trade’s official support for the most current details, and weighing the risk of unclear fees as part of any decision to engage with this broker. For me, a lack of clear information around inactivity fees—combined with the high-risk warnings associated with this firm—means I would proceed with considerable caution.