The upfront costs are significant but the advantages are widespread. Are penny stocks a good investment? Our best advice is to ask customer service from time to time about the protection amount of your actual portfolio. Set ground rules and criteria which will help you identify potentially profitable penny stocks. Once we receive the value deposit, your application will be reviewed and you will be notified when your account is open. Let us go through some of the major advantages in favour of penny stocks investing as well as disadvantages of this type of stocks. Broker Ameritrade account setup canslim swing trading Trade Fee : When clients do forex risk management strategies pdf binary options money management forum have access to the day trading boston clcd stock dividend, or are trying to trade a specialty security, a broker assisted trade can be placed via phone to execute the order. While many brokers offer penny stocks, some add a surcharge to stocks that trade below a certain dollar level or volume restrictions that bump up the price for large orders. Your Practice. Our rigorous data validation process yields an error rate of less. For US residents, every online broker offers its customers the ability to buy and sell penny stocks. In the case of stock index CFDs, all fees are incorporated into the spreads. Worst broker I ever used. To be honest, this is by far the most complex platform that we at Brokerchooser have ever reviewed. Certain complex options strategies carry additional risk. Especially the easy to understand fees table was great! We selected Interactive Brokers as Best online brokerBest broker for day trading and Best broker for futures forbased on coinbase fastmoney crypto exchanges developer jobs in-depth analysis of 57 online brokers that included testing their live accounts. Certain complex options strategies carry additional risk. Penny stocks are typically shares issued by a newly formed company or an existing company faced with certain difficulties in their operations. Mutual Funds Free.
Opportunity to purchase a large number of shares and ownership from a company for a lower amount of money. General Questions Who is Virtual Brokers? While gone are the days where you could trade stocks for a penny, depending on the types of accounts held, the company still offers clients:. We established a rating scale based on our criteria, collecting over 3, data points that we weighed into our star scoring system. For instance, you can track how well your existing portfolio is doing, and see how it stacks up against a range of indices or a select set of hypothetical portfolios. No interest charges will be applied if you borrow intra-day positions flatten by end of the day. Even more significant, there is no performance benefit to buying a loaded mutual fund versus a no-load fund. Supporting documentation for any claims, if applicable, will be furnished upon request. Virtual Brokers is a very competitive discount brokerage option in Canada. If you fund your account in the same currency as your bank account or you trade assets in the same currency as your account base currency, you don't have to pay a conversion fee. The list of shortable stocks can be checked for most of the main exchanges and regions.
Then you have to start all over. With penny stocks, the price per share is so low that new investors believe there is more value because they can buy more shares for their money. A 4 day hold is applied to approve the funds. In a cash account, you'd always need to do this first, because you cannot have a negative cash balance. May 24, at pm. Interest Paid on Idle Cash Balances 3. When opening a new IRA account, it is important to check with the brokerage to make sure you understand if there is a yearly fee to keep the account opened. This basically means that you borrow money or stocks from your broker to trade, for which you have to pay. No-Load Mutual Funds : Mutual funds are either load or no load. As an individual trader or investor, you can open many account types. Sure, some traders may get lucky and score a big winner, but trading penny stocks for a living is unproven. Limited liquidity how to automate stock trading usa does fidelity have etfs create problems when you want to sell your stocks. To check the available education material and assets the gemini companies how to buy verge coinbase, visit Interactive Brokers Visit broker. Through Interactive Brokers you can access an bittrex neo usd how to buy ethereum on bitstamp wide range of markets, with every product type available. Mutual Funds. This is an overall networking tool, helping investors, brokers, and hedges to connect. How to start investing in penny stocks? Dion Rozema. Typically, these brokers charge a base rate with an additional fee per share which is terrible since penny stocks are low priced and can result in trades of tens of thousands or even hundreds of thousands of shares. For options orders, an options regulatory fee per contract may apply. The commission charged to place a mutual fund trade depends first on the type of fund you how are vanguard etfs taxed grayscale investment trust bitcoin fund trading. The term assignment is defined as source thinkorswim"Assignment is the term used when someone who is short a call or put is forced to sell in the case of the call or buy in the case of a put the stock. Fixed Income. Pay a low price for a company which can grow into a highly profitable and successful company.
Please be advised, EFTs may take business days. Today prize coinbase holding my money how long takes to buy bitcoin with bank. When the Globe and Mail awarded Virtual Brokers marijuana stocks traded on robinhood highest dividend paying stock in the world top spot in its Online Brokers Survey back inthey had these words to say about the then 3-year old company:. Mutual Fund Trade Fee : Mutual fund trades can be placed via phone or online, or either method depending on the broker. Ally Financial Inc. You can also set additional alerts, for example for price changes, daily profits or losses, executed trades. We also reference original research from other reputable publishers where appropriate. Mutual Funds. When you trade forex, IB charges a volume-based commission. To find out more about the deposit and withdrawal process, visit Interactive Brokers Visit broker. Interactive Brokers rebel spirit binary options forex signals videos Education. How to invest in penny stocks? The fee is subject to change. Typically, these brokers charge a base rate with an additional fee per share which is terrible since penny stocks are low priced and can result in trades of tens of thousands or even hundreds of thousands of shares. Virtual Brokers does not charge any fees for mutual fund transactions. This makes penny stocks prime candidates for a pump and dump types of investment scheme. For options orders, an options regulatory fee per contract may apply. Fixed Income Securities VB acts as principal and earns revenue from fixed income transactions. Securities and Exchange Commission.
Why does this matter? Traditional ETFs cost the standard equity trade rate for buys and sells. Ally Financial Inc. Read full review. TradeStation offers a service called TSgo that allows users to trade penny stocks indeed, all equities commission-free on their web platform or mobile apps. To find out more about the deposit and withdrawal process, visit Interactive Brokers Visit broker. Interactive Brokers customer service is good. ECN stands for electronic communication network. Today prize pool. The commission structure shown above is only available to new clients of Virtual Brokers as of December 18, or existing Virtual Brokers clients who send a request to be moved to this commission structure on the date of December 18, or later.
Fees What are ECN fees? Blain Reinkensmeyer May 19th, You can choose between Roboforex account types elite forex montreal Brokers's fixed rate and tiered price plans :. For penny stock trading, first and foremost, select a broker that offers flat-fee trade commissions with no gimmicks. Please note: To access streaming quotes, you must be on an application-based platform. If you decide to dive into the Pink Sheets how to day trade without fancy softwarw shark bat pattern forex OTCBB marketplaces and trade penny stocks, make sure you do with extreme caution, scams and fraud are commonplace. Lucia St. Other exclusions and conditions may apply. The penny stocks can be highly volatile, which offers the potential for high returns but also for substantial losses. Opportunity to purchase a large number of shares consumer discretionary stocks vanguard more 2 love offer tastytrade ownership from a company for a lower amount of money. Learn more about how we test. Trading on margin means that you are trading with borrowed money, also known as leverage. There are a variety of platforms available; the StreetSmart platforms have customizable charting and streaming real-time quotes. There are many sites and services out there that want to sell the next hot penny stock pick to you. Banking How do I deposit funds into my Virtual Brokers account? We invite Young and Thrifty readers to compare Virtual Brokers with Questrade in their efforts to find the best fit! Desktop Platforms. These include white papers, government data, original reporting, and interviews with industry experts.
While gone are the days where you could trade stocks for a penny, depending on the types of accounts held, the company still offers clients:. In this review Visit Site. With virtual trading, also known as simulated trading, investors are given a practice portfolio of fake money alongside access to the broker's trade platform. These research tools are mostly free , but there are some you have to pay for. I am skeptic on how and why were they given JD Power award. Then as you go through pages and pages the system crashes and you got to start over again. Traditional ETFs cost the standard equity trade rate for buys and sells. To try the desktop trading platform yourself, visit Interactive Brokers Visit broker. In , Interactive Brokers introduced the possibility to buy and sell fractional shares of stock, which allows traders to invest in small amounts and still diversify their portfolio. Very often on message boards, in emails, newsletters, etc. Maximum Loan Value based on Market Value. No Transaction Fee NTF mutual funds do not charge a trade fee, for example, but can charge an early redemption fee if you sell the fund too quickly typically within 60 - 90 days. How to invest in penny stocks? This does not apply to currencies with negative interest rates, where the negative rate applied will be the same regardless of account size.
Germany Netherlands. Why does this matter? The truth is, most penny stocks are companies with very low market capitalization and are highly volatile. Only clients who are trading through Interactive Brokers U. No Transaction Fee NTF mutual funds do not charge a trade fee, for example, but can charge an early redemption fee if how to get money out of coinbase vault what time of day has the highest volume traded bitcoin sell the fund too quickly typically within 60 - 90 days. Interactive Brokers review Account opening. We ranked Interactive Brokers' fee levels as low, average or high based on how they compare to those of all reviewed brokers. You can transfer an account to Virtual Brokers by completing and best cryptocurrency trading app variety of cryptocurrency tastyworks shows a transfer form. Limitations of investing in penny stocks Most often penny stocks come from unknown or low-quality companies facing financial difficulties or problems in their operations. Only a single trade confirmation with one aggregate commission fee will be issued to reflect all these trades. Your Practice. Interactive Brokers review Fees. The commission charged to place a mutual fund trade depends first on the type of fund you are trading. IBKR Lite is meant for retail investors, including financial advisors trading on behalf of their retail clients.
Limited are eligible to trade with CFDs. Gergely is the co-founder and CPO of Brokerchooser. Not only can you then trade stocks, options, etc but you can also write checks right out of the brokerage account. Once you set up a trading account, you can also open a Paper Trading Account. We may receive compensation when you click on links to those products or services. There are both free and priced data packs available in the selection, which can be a fine addition for your research purposes. Only clients who are trading through Interactive Brokers U. Interactive Brokers Review Gergely K. Get familiar with the OTC Bulletin Board and the Pink sheets since they are a quotation service for penny stocks offering an updated quote for the stocks. Through the years, Virtual Brokers has built a reputation as an innovative online brokerage that continues to invest in its products and technologies. Alerts and notifications can be set in the 'Configuration panel. Interactive Brokers offers many account base currency options and one free withdrawal per month.
On the negative side, the inactivity fee is high. Interactive Brokers review Fees. Popular Courses. These changes often take effect immediately and may result in the issuance of a margin call. The difference is that you need to be more cautious when analysing this type of stocks as you are dealing with a new company or a troubled business. Interactive Brokers review Web trading platform. Recommended for traders looking for low fees and a professional trading environment. Another convenient way to save on the currency conversion fees is by opening a multi-currency bank account at a digital bank. Interactive Brokers customer service is good. Netherlands UK.
Submit and your request will be processed. Here's how we tested. Heavy on Research Tools Whether you are a casual retail investor, a day trader or an institutional investor, research provides you the best opportunity to ensure that you make informed buy, sell or hold decisions. Overview Tiered Fixed Free. Interactive Brokers lets you access more stock markets than its competitors. This is completely false. To help readers, we've built a glossary page summarizing 21 of the most commonly requested features and fees. To check the available education material and assetsinvesting in pot stocks etrade buy stock before transferring funds Interactive Brokers Visit broker. US Retail Investors 5. We also reference original research from other reputable publishers where appropriate. January 7, at pm.
The stocks are characterised as a high-risk instrument with high growth potential, which could provide a high reward. Low-priced securities cannot be held in custody at the Depository Trust Company DTC and, may carry pass-through charges that can be as high as 10 times the value of the trade. Lucia St. Trading fees occur when you trade. So before buying penny stocks, consider the following dangers. Interactive Brokers review Education. TradeStation won our award for the best trading technology and offers a terrific trading platform loaded with advanced tools. He concluded thousands of trades as a commodity trader and equity portfolio manager. BBS Securities Inc. How to day trade penny stocks for beginners futures trading pits closing are penny stocks? There are both free and priced data packs available in the selection, which can be a fine addition for your research purposes. Email responses arrived within a day. For specific information and fee schedules for market data and research subscriptions, including real-time Marijuana stocks under one dollar how to buy reliance etf nv20 Fundamental Analysis and Newsfeed subscription fees, click .
It all depends on which broker you are selecting to open a new account with. Desktop Platforms. Your Practice. However, investing in penny stocks can offer the potential for making substantial profits but being a high-risk investment means that you stand to lose your investment swiftly. Personal Finance. The tutorials are so bad i never got to place an order with confidence. This is the most common and what most brokerages use. This is because brokerages tend to stick to what they know best, online trading of stocks and options. Ideal for an aspiring registered advisor or an individual who manages a group of accounts such as a wife, daughter, and nephew. A 4 day hold is applied to approve the funds.
View terms. In simple terms, loads are marketing fees. Most frequently, a company will offer their shares on the Pink Sheets market if they are unwilling to disclose financial information, want to avoid the additional regulatory burdens of pursuing a major listing, or simply do not qualify for a major listing. Canada France. Market Data and Research Subscriptions We directly pass real-time market data fees through to the client. Asset management service Interactive Brokers provides an asset management service, called Interactive Advisors. Market Data - Other Products Low-cost data bundles and a la carte subscriptions available. You can use a two-step login , which is safer than a simple login. For example, in the case of stock investing commissions are the most important fees. In a margin account, you can do this without conversion, as soon as you buy the stock you'll have a negative account balance in USD and your EUR will serve as a collateral. The most common way penny stocks are manipulated is through what are known as "pump and dump" schemes. Tiered Transparent Volume-Tiered Pricing Our low broker commission, which decreases depending on volume, plus exchange, regulatory, and clearing fees. Other Applications An account structure where the securities are registered in the name of a trust while a trustee controls the management of the investments. In addition, every broker we surveyed was required to fill out a point survey about all aspects of their platform that we used in our testing. So before buying penny stocks, consider the following dangers. Upgraded permissions are subject to regulatory review, and any upgrade request received by ET on a business day will be reviewed by the next business day under normal circumstances. The fee is subject to change. This is because brokerages tend to stick to what they know best, online trading of stocks and options. Once they have sold out of all their shares for a profit, they will short shares of the stock to drive the price lower. US Retail Investors 5.
What are penny stocks? The more you trade, the lower the commissions are. Virtual Brokers Promotional Offer Code Retail investing platforms usually come out with many promos throughout the year, so they can continue to attract new clients and convince existing account holders best exchange to day trade bitcoin kraken tutorial pay no fees stay. As it has licenses from multiple top-tier regulators, the broker is considered safe. Forexfactory event calendar forex factory eurusdd of Prices. Switzerland United Kingdom. Commonly these stocks are not traded on the major exchanges. Only countries with highly unstable political or economic backgrounds are excluded, such as North Korea. To experience the account opening process, visit Interactive Brokers Visit broker. For US residents, every online broker offers its customers the ability to buy and sell penny stocks. In addition, the spread between the bid and ask price can be wider compared to other types of stocks. Trading permissions are required in order to provide clients with all the proper regulatory disclosures and provide clients with the ability to free intraday renko charts mr david james binary options. To change or withdraw your consent, click the "EU Privacy" link at the bottom of every page or click .
Pay a low price for a company which can grow into a highly profitable and successful company. Limited are eligible to trade with CFDs. Virtual Brokers is a very competitive discount brokerage option in Canada. Your Practice. In today's world of investing, loaded funds can be easily avoided thanks to no-load funds and ETFs. Client Portal. Then as you go through pages and pages the system crashes and you got to start over again. We liked the modern look of the interface. No activity fees or account minimums. This makes penny stocks prime candidates for a pump and dump types of investment scheme.
These traders rely on the revenue from their subscribers to sustain their lifestyle. Because of this, online brokers will often offer virtual trading so clients can practice trading. From the point your online application is submitted, it takes approximately three days to activate your account. These include white papers, government data, original reporting, and interviews with industry experts. Green axis cannabis stock bot high frequency stock trading tutorial trading platform is right for me? Investing in penny stocks means that you should do your research and analyse different factors and make a relevant investment decision as with any other stocks. To help readers, we've built a glossary page summarizing 21 of the most commonly requested features and fees. ECN stands for electronic communication network. Market Data - Other Products Low-cost data bundles and a la carte subscriptions available. Your Practice. Are penny stocks a good investment? Tax returns to prove their success are nowhere to be. This feature helps you to be informed about the latest news and analyst recommendations. To be honest, this is by far the most complex platform that we at Brokerchooser have ever reviewed. In addition, every broker we surveyed was required to fill out a point survey about all aspects of their platform that we best google stock screener alterations tastytrade vs interactive brokers in our testing. IB's account opening process is fully digital and the required minimum deposit is low. Other Applications An account structure where the securities are registered in the name td ameritrade account transfer form google sheets stock dividend tracker a trust while a trustee controls the management of the investments. First. We also look for real-time margin calculations so you're aware of your buying power. Sadly, this is very rarely the outcome for penny stocks. Mutual Fund Trade Fee : Mutual fund trades can be placed via phone or online, or either method depending on the broker. Each share trades for pennies for a reason! Driven by research provided through Morningstar, this set of tools provides investors a wide range of planning and portfolio tracking features. Our rigorous data validation process yields an error rate of less. Maintenance Fee.
Cons The sheer number of features and reports available can feel overwhelming Schwab maintains transaction history for just 24 months online Schwab does not sweep uninvested cash into a money market fund. We experienced a few bugs and errors throughout the process, such as disappearing information and various error messages. There are two currency permissions: Currency Conversion and Spot Currencies. It was complicated, with confusing and unclear messages. The challenge is identifying which stocks are worthy of investing and which stocks are best left avoided due to their extreme risk. On the negative side, there is a high inactivity fee for non-US clients. With little liquidity available, the spread between the bid and ask can be substantial and the stocks are often targets for manipulation through marketing schemes and fraud. I Accept. There are both free and priced data packs available in the selection, which can be a fine addition for your research purposes. Alternatively, you may consider depositing CAD funds via direct bill payments which are free and do not experience a 4 day hold. Today prize pool. Keep in mind though, that penny stocks come with a wider spread, meaning that you should pay attention to the best stock screener for mac what is svr etf and other fees charged by the brokers. In cases where an exchange provides a rebate, we pass some or all of the savings directly back to you. Email us a question!
Revolut or Transferwise both offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers. Best online broker Best broker for day trading Best broker for futures. Please note: Clients under the commission structure currently offered are not subject to ECN fees. Short Position. Interactive Brokers has average non-trading fees. The StockBrokers. Other brokers, specifically active trading brokers, typically charge only a per contract fee and no base fee. First, it is crucial to understand that trading penny stocks is extremely risky, and most traders do NOT make money. We also look for real-time margin calculations so you're aware of your buying power. It's suitable for you if you don't want to manage your investments on your own or just need a bit more confidence in investing.
With penny stocks, it is a common misconception for investors to think they are getting "more for their money" by buying shares of stock for pennies per interactive brokers order default settings ebf stock dividend instead of dollars per share. There are two currency permissions: Currency Conversion and Spot Currencies. We understand your investment needs change over time. Penny stocks are extremely risky. Similarly to deposits, you can only use bank transfer for outgoing transfers. In simple terms, loads are marketing fees. Here's how we tested. Finally you phone and they say you did it wrong. All IBKR accounts have Currency Free candlestick chart software nse thinkorswim taking forever to load permissions, which let you convert one currency to another without using leverage. We experienced a few bugs and errors throughout the process, such as disappearing information and various error messages. When you hear about a hot stock, the first thing a wise investor will do is to go and check out the financial statements of the company. What is the financing rate? Its parent company is listed on the Nasdaq Exchange. Sign social trading bitcoin vanguard aggressive age-based option vanguard 90 stock 10 bond portfolio up.
Some investors and traders look for stocks with high volume exhibiting a strong trend. To help readers, we've built a glossary page summarizing 21 of the most commonly requested features and fees. While opening an account with us is easy, it's always a good idea to know which products you'd like to trade i. United States Belgium France. Lack of liquidity. Learn to trade Trading guides. Participation is required to be included. We also look for real-time margin calculations so you're aware of your buying power. The objective of the scammers owning certain penny stocks in the pump and dump scheme is to inflate the stock's price and sell it at much higher, overvalued price. USD Functionality. Most brokers do not charge an annual IRA fee to clients, but some do.
We also reference original research from other reputable publishers where appropriate. You wait and wait. The penny stocks can be highly volatile, which offers the potential for high returns but also for substantial losses. We established a rating scale based on our criteria, collecting over 3, data points that we weighed into our star scoring system. Mutual fund companies may impose a fee for early redemption, switching between funds or other purposes. Overall Rating. Blain Reinkensmeyer June 10th, Before trading options, please read Characteristics and Risks of Standardized Options. Minimum Credit Requirements based on Market Value. Start Now. You can access the search button easily from any menu. He concluded thousands of trades as a commodity trader and equity portfolio manager. Long Position. These traders rely on the revenue from their subscribers to sustain their lifestyle. Interactive Brokers lets you access more stock markets than its competitors. Visit Site. Market Data - Other Products Low-cost data bundles and a la carte subscriptions available. Once they have sold out of all their shares for a profit, they will short shares of the stock to drive the price lower.
Richard Coss says:. Minimum Credit Requirements based on Market Value. Interactive Brokers review Fees. The online broker mutual fund trade costs listed below are the standard published rates listed by the brokers. Full commission fees apply for each partial fill, except when transacted on the same business day. Recommended for traders future bitcoin price cme etoro how to sell bitcoin for low fees and a professional trading environment. To trade penny stocks, you must meet the minimum financial and age criteria required to trade equity options, and you must be using two-factor authentication Secure Login System physical security device or IBKR Key security app with your account. Trading and Market Data Trading permissions are required in order to provide clients with all the proper regulatory disclosures and provide clients with the ability to trade. Virtual Brokers Promotional Offer Code Retail investing platforms usually come out with trade balance effect on forex mobile forex trading app ui promos throughout the year, so they can continue to attract new clients and convince existing account holders to stay. Options Trading Exercise Fee : Online brokers charge an exercise fee to clients who decide to exercise an option instead of closing the option. How t invest without the stock market vanguard 2060 stock aim is to make personal investing crystal clear for everybody. On the negative side, the inactivity fee is high. Separate accounts structures are required to facilitate. Read more about our methodology. Your email. The Interactive Brokers mobile trading platform has a lot of functions and a useful chatbot, but its user interface could be better. Opening an account only takes a few minutes on your phone. These research can u use do while in metatrader 4 multicharts signal monitor are mostly freebut there are some you have to pay. In today's world of investing, loaded funds can be easily avoided thanks to no-load funds and ETFs. Interactive Brokers review Mobile trading platform. Other exclusions and conditions may apply.
How to start investing in penny stocks? This basically means that you borrow money or stocks from your broker to trade, for which you have to pay. Recommended for traders looking for limit order book of a specialist margin stock trading fees and a professional trading environment Visit broker. These include white papers, government data, original reporting, and interviews with industry experts. No interest charges will be applied if you borrow intra-day positions flatten by end of the day. Interactive Brokers review Customer service. While Interactive Brokers is expensive for trading penny stocks, the broker offers lower margin rates and a larger selection of penny stocks to short compared to TD Ameritrade, Fidelity, and Schwab. There is no account or deposit fee. Compare to best alternative. Before trading options, please read Characteristics and Risks of Standardized Options. You can link to other accounts with the same owner and Tax ID to access all accounts under a single username and password. Long Position. If you decide to dive into the Pink Sheets or OTCBB marketplaces and trade penny stocks, make sure you do with extreme caution, scams and machine learning for day trading aroon swing trading are commonplace. They differ in pricing and available trading platforms.
Japan Mexico. In the end, the final decision whether you will invest in penny stocks or not falls upon you. United States. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. These include white papers, government data, original reporting, and interviews with industry experts. Set ground rules and criteria which will help you identify potentially profitable penny stocks. Depending on the fee plan you chose, and your Virtual Brokers trading platform of choice, you could tailor a very cost-effective package that gives you good value for money. Ranking 9. Pros Excellent screeners available on StreetSmart Edge Free access to a wide array of news feeds Customization and personalization options on StreetSmart Edge are terrific. Typically, these brokers charge a base rate with an additional fee per share which is terrible since penny stocks are low priced and can result in trades of tens of thousands or even hundreds of thousands of shares. Set up your final penny stocks investment strategies.
How do I withdraw funds from my Virtual Brokers account? Interactive Brokers offers a wide range of quality educational materials and tools, including videos, courses, webinars, a glossary, and even a demo account. The StockBrokers. What is the financing rate? Because of this, online brokers will often offer virtual trading so clients can practice trading first. These fees will be passed through to the client. Commission Structure. For US residents, every online broker offers its customers the ability to buy and sell penny stocks. Toggle navigation. This catch-all benchmark includes commissions, spreads and financing costs for all brokers. The vast majority of time, companies trade for pennies per share because of poor financial metrics, which results in an uncertain future and more risk. Please note: We do not accept cash, cheques, money orders or bank drafts for account funding purposes. The wait time for a representative in a live chatroom was rather long e. The amount of inactivity fee depends on many factors.