Global Broker Regulation Inquiry App
WikiFX
Phoebe Yao
1-2 years

What major risks or downsides should I keep in mind if I decide to use Akatsuki?

Broker Issues
Akatsuki
Regulation
08-15
United States
WikiFX
Reply

In my experience as a forex trader, there are a few notable risks and downsides with Akatsuki that deserve careful consideration before getting involved. First, I noticed that despite Akatsuki being regulated by Japan’s Financial Services Agency and having an established physical office, the scope of available trading instruments is quite restricted. Akatsuki primarily deals with investment trusts, stocks, and bonds. If, like me, you’re looking for a platform to access forex, commodities, or other popular instruments, this broker simply doesn’t offer those options, which can be a key limitation. Another concern I had relates to the transparency and amount of information provided to clients. There are relatively few reviews online and not a lot of detailed materials about Akatsuki’s services or trading environment; for me, this lack of client feedback makes it more difficult to gain confidence before funding any account. While Akatsuki has a long operational history, various fees (such as commissions and margin trading fees) seem higher or more complex than what I’ve encountered with international competitors. Also, the absence of real-time customer support is a practical downside, especially if issues arise needing immediate attention. Because of these factors, I approach Akatsuki with caution. While it is regulated, the restricted product offering, relatively high commissions, lower leverage, and lack of robust customer support are all areas that, in my judgment, add to the potential risk and require traders to be especially vigilant.

Select Country/Region
United States
※ WikiFX compiles data from publicly available sources and user contributions. While we endeavor to maintain its accuracy, we do not warrant the information's completeness, accuracy, or timeliness, as it may become outdated. Investors are strongly advised to verify critical details with official sources before making any decisions.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com