Will my account close due to inactivity?
No, it won't.
✓ No minimum balance — You can hold $0 in your cash account indefinitely.
✓ No inactivity fees — Selfwealth does not charge fees for inactive accounts.
From time to time, Selfwealth may review accounts that have had no holdings, cash balance, or trading activity for 12 months or more. If your account meets this criteria, we will contact you by email to confirm you still wish to keep it open. You will be asked to either deposit funds or transfer shares within a set timeframe to keep the account active. If we don't hear back from you within that timeframe, your account may be closed.
Has your account already been closed due to inactivity? For help with this, see: Why has my account or portfolio been automatically closed?