Are there any inactivity penalties for challenge or funded accounts?
Inactivity penalties may apply to both challenge and funded accounts if there are prolonged periods of no trading activity. If there is no activity on your account for 30 consecutive days, your account will be disabled, as specified in our account terms. Extended periods of inactivity could also lead to an account review or potential closure.
To avoid these penalties:
Regular Trading Activity: Ensure that you maintain regular trading activity to keep your account active. Prolonged periods without trading could be viewed as inactivity.
Monitor Your Account: Regularly check your account status and trading activity. If you anticipate a period of inactivity, consider notifying ShareAFunds or managing your account according to our guidelines.
Understand the Terms: Familiarize yourself with the specific terms and conditions related to account inactivity as detailed in your account agreement. This will help you avoid any unintended breaches of policy.
By adhering to these practices, you can ensure that your account remains in good standing and avoid any potential penalties related to inactivity.
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