WikiFX

Reply

In my personal experience analyzing brokers, transparency with deposit and withdrawal fees is essential for trust and long-term use. With MITO, I noticed that for foreign currency transfers, MITO clearly states that all deposit and remittance fees are the responsibility of the customer—these are actual, standard fees rather than hidden or arbitrary charges. However, for transactions handled through Mito Net, MITO covers all transfer fees incurred both to and from a client’s account. From what I see, MITO is straightforward about who bears the cost under each scenario. I did not find any evidence of undisclosed or hidden fees for deposits and withdrawals based on their official descriptions. That being said, because MITO operates mainly within Japan and offers domestic platforms, it’s always wise for me to double-check the fine print before making a transaction, especially if transferring internationally. Regulatory oversight from Japan’s FSA adds a degree of comfort regarding fee transparency. Still, as a cautious trader, I always confirm the fee structure with customer support before making significant transfers to avoid surprises, especially since international transfers can involve intermediary banking costs that are outside a broker’s control. For me, MITO’s approach seems reliable, but I never assume zero hidden costs without direct verification.