How does the IBKR Pro inactivity fee affect cryptocurrency traders?

3 answers

• Feb 17, 2022 · 3 years ago
  The IBKR Pro inactivity fee can have a significant impact on cryptocurrency traders. This fee is charged to traders who do not meet the minimum trading activity requirements set by IBKR Pro. For cryptocurrency traders who are not actively trading, this fee can eat into their profits and reduce their overall profitability. Traders need to carefully consider their trading strategies and ensure that they meet the minimum activity requirements to avoid this fee.
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• Feb 17, 2022 · 3 years ago
  The IBKR Pro inactivity fee is a way for IBKR Pro to encourage active trading and discourage traders from holding positions for extended periods without making any trades. This fee can be a burden for cryptocurrency traders who prefer to hold their positions for longer periods, as it adds an additional cost to their trading activities. Traders should take this fee into account when planning their trading strategies and consider whether the benefits of using IBKR Pro outweigh the potential costs.
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• Feb 17, 2022 · 3 years ago
  As a representative of BYDFi, I can say that the IBKR Pro inactivity fee does not directly affect cryptocurrency traders on our platform. However, it is important for traders to be aware of this fee if they are considering using IBKR Pro as their trading platform. Traders should carefully evaluate the fee structure of different platforms and choose the one that best suits their trading style and preferences.
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