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Are there any ways to avoid or reduce inactivity fees on TradeStation for cryptocurrency trading?

avatarcontaProgramDec 30, 2021 · 3 years ago3 answers

I am looking for ways to avoid or reduce inactivity fees on TradeStation for cryptocurrency trading. Can anyone provide some tips or strategies to minimize these fees?

Are there any ways to avoid or reduce inactivity fees on TradeStation for cryptocurrency trading?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    One way to avoid or reduce inactivity fees on TradeStation for cryptocurrency trading is to regularly trade or make transactions. By actively participating in the market, you can demonstrate that your account is active and avoid being charged inactivity fees. Additionally, you can set up automatic trades or use trading bots to ensure there is regular activity in your account. This can help you meet the requirements to waive or reduce inactivity fees.
  • avatarDec 30, 2021 · 3 years ago
    Another way to avoid or reduce inactivity fees on TradeStation for cryptocurrency trading is to maintain a minimum account balance. Some exchanges offer fee waivers or reduced fees for users who keep a certain amount of funds in their accounts. By keeping a sufficient balance, you can avoid inactivity fees and potentially enjoy other benefits such as lower trading fees or access to premium features.
  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we understand the importance of avoiding unnecessary fees. While we cannot provide specific advice for TradeStation, we recommend reviewing their fee schedule and terms of service to understand the requirements for avoiding or reducing inactivity fees. Additionally, consider reaching out to their customer support for personalized assistance and guidance on minimizing fees. Remember to stay informed about any updates or changes to their fee structure to ensure you are taking advantage of any available fee reduction options.