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Could you give a comprehensive overview of SANKO’s fees, covering both commissions and spreads in detail?

Broker Issues
SANKO
Fees and Spreads
01-25
United States
WikiFX
Reply

As someone who has thoroughly reviewed SANKO, I found that assessing their exact fee structure presented significant challenges due to a notable lack of transparency. SANKO, while regulated in Japan and licensed under the FSA with a retail forex license, does not publish clear information regarding its spreads, commissions, or broader cost framework. For a trader like me, this is a critical issue, as understanding all associated fees directly impacts my approach to risk management and overall trading costs. What particularly stands out is that SANKO does not support a demo account and their platform does not utilize industry-standard MT4 or MT5 software, both of which typically provide easy access to real-time pricing and fee details. Furthermore, SANKO appears to be focused more on domestic Japanese users and primarily offers trading in stocks, futures, options, bonds, ETFs, and REITs—not forex or other popular instruments. This limited scope further clouds the fee landscape, as the brokerage does not clarify whether it charges traditional per-trade commissions or embeds its costs within spreads. Given these significant gaps in publicly available information, I would urge caution. If understanding the full fee structure and minimizing hidden costs are as important to you as they are to me, I feel it is prudent to directly consult SANKO’s customer service before engaging or committing any capital.

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