Does it charge fee when Im not trading?

https://exchange-income.com/

Exchange Income is not a regulated or licensed broker for traders even though it states offers that look good to be true.

Exchange Income claims to be located in the USA and regulated by U.S. Commodity Futures Trading Commission (CFTC), Belize Financial Services Commission (Belize FSC), and Cyprus Securities and Exchange Commission (CySEC).

However, we did not find any matching results for this broker in CFTC or CySEC. Moreover, when we searched in Belize FSC, we only found a warning against Exchange Income for not being a licensed broker under the FSC Act to provide, carry on, transact, or hold itself out as providing, carrying on, or transacting any of the international financial services as set out in the Schedule of the FSC Act in or from within Belize. You can check the full warning from here.

The truth is, Exchange Income is not overseen by any regulators. That means your personal data or your funds in this broker are unsafe and cannot be protected by any law. We would recommend traders stay away from unregulated brokers like Exchange Income and trade with licensed brokers.