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Broker
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Elio Matacena
Within 1 year

Does RKFS charge a commission per lot on their ECN or raw spread account types?

Broker Issues
RKFS
Fees and Spreads
03-07
United States
WikiFX
Reply

In my experience reviewing brokers with a focus on safety and transparency, commission structures are a critical factor for any trader. With RKFS, I approached this question carefully by examining their account offering and fee disclosures. As of my latest review, RKFS states that they charge zero commission for their accounts—there is no mention of a specific per-lot commission, even for accounts that allow trading in global markets or across various asset classes. However, I want to stress my own caution here: while the absence of commissions may initially sound appealing, it’s important to consider the context. RKFS is currently not regulated by any recognized authority, and their rating on independent platforms is notably low, with explicit warnings about high potential risks. From my perspective, an unregulated broker advertising zero commission warrants extra scrutiny; sometimes fees are hidden elsewhere, for example, in wider spreads or in less transparent costs. RKFS does not label any account explicitly as “ECN” or “raw spread” in the Forex industry sense, and their platform distinguishes itself more by account type (demat, global) than by fee model. Therefore, based on all the publicly available details, and as someone who values regulatory oversight, I did not find evidence of per-lot commissions—yet the lack of regulation makes it difficult for me to verify fee transparency and trader protection. For me, that’s a significant concern and something I’d advise all traders to keep in mind when evaluating RKFS.

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