A trader places their last trade on January 1.
The trader must execute at least one new trade by March 1 to maintain account activity.
2. Consequences of Exceeding the Inactivity Period
Reactivation Requirements: Reactivating an inactive account may require additional steps, such as contacting customer support or paying a reactivation fee.
Account Suspension: If the inactivity exceeds 60 days, the account may be temporarily suspended or terminated, subject to the firm’s discretion.
Summary Table: Inactivity Policy
Communicate with Support: If extended inactivity is anticipated due to personal reasons, notify the firm in advance to explore options.
Stay Informed: Regularly review account policies to ensure compliance with inactivity rules.
Monitor Activity: Keep track of your trading frequency to avoid unintentionally breaching the inactivity limit.
The maximum allowable inactivity period is 60 consecutive days. During this time, traders must execute at least one trade to maintain their account's active status.
1. Maximum Inactivity Period
3.Benefits of the Inactivity Policy
2.Prevents Dormant Accounts:
The policy motivates traders to stay active and involved in their trading activities.
Regular activity ensures that resources are allocated efficiently and accounts remain operational.
Traders are encouraged to plan their trading schedules effectively to avoid account inactivity.
3.Promotes Accountability:
Inactivity Policy: Detailed Explanation
Account Monitoring: Accounts with no activity beyond this period may be flagged for review or deactivated, depending on the firm's policies.
Flexibility: Traders are allowed to take breaks of up to 60 days without penalty.
The inactivity policy establishes a clear guideline for the maximum allowable period of no trading activity on an account. This policy ensures that accounts remain active and engaged while providing ample flexibility for traders to take breaks when needed. Below is a comprehensive explanation of the inactivity policy and its implications.