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Based on my thorough review and direct experience researching Senshu Ikeda, I could not identify an ECN or raw spread account option, nor was there any information suggesting a typical commission-per-lot structure you’d expect from forex brokers offering such accounts. Senshu Ikeda operates in Japan and is regulated by the FSA, primarily providing access to various securities and investment products such as domestic and foreign stocks, bonds, and investment trusts. Their account types are limited to deposit and savings accounts rather than distinct ECN or raw spread models common in international forex environments. What stood out for me was the transparent approach to fees, especially for stock-related products, with deposits and withdrawals processed free of charge—a definite plus. However, when it comes to forex trading specifically, Senshu Ikeda doesn’t seem to position itself as a typical forex broker. The absence of industry-standard platforms like MT4 and a lack of detail about separate trading conditions for currency pairs means I could not find any references to per-lot commissions typical with raw spread or ECN accounts. For anyone seriously considering active forex trading with a keen eye on commission structures, my advice is to proceed cautiously. The broker is well-regulated and transparent for securities trading, but if your focus is on forex with specialized account structures and commission details, you may find Senshu Ikeda’s current offering lacking clarity or flexibility in that regard. Always ensure you fully understand the fee model before placing funds.