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Arnold Joseph
Within 1 year

Does Akatsuki charge a commission for each lot traded on their ECN or raw spread accounts?

Broker Issues
Akatsuki
Fees and Spreads
08-22
United States
WikiFX
Reply

In my experience, one of the most important factors I consider when selecting a broker is clarity around commissions and fee structures, especially for ECN or raw spread accounts. With Akatsuki, the situation is a bit different from what I’m accustomed to in the typical forex market. Based on the information I found, Akatsuki does not appear to specialize in ECN or raw spread forex accounts. Instead, their main offerings are in stocks, bonds, and investment trusts, and there’s no clear evidence that they currently provide forex trading to individual clients in the same fashion as many global CFD brokers do. What stands out for me is that Akatsuki does list commission rates for domestic and foreign stocks, which range from 0.2475% up to 16.5%, and there are additional fees for entering and exiting positions as well. However, there is no explicit breakdown of lot-based commissions related to ECN or raw spread forex accounts. Furthermore, the lack of detailed and transparent information about trading products or account types gives me pause, especially since I rely on this transparency to make fully informed decisions about where I entrust my funds. Given the limited disclosures and focus on traditional financial instruments over forex, I’d proceed cautiously if your primary interest is in lot-based forex commission trading. For me, the lack of clear, product-specific information is a reason to be extremely cautious, and personally, I would seek out more specialized, clearly-detailed brokers for ECN forex trading needs.

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