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Broker
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Tom Nalichowski
Within 1 year

Do SK’s ECN or raw spread accounts charge a commission fee for each lot traded?

Broker Issues
SK
Fees and Spreads
02-14
United States
WikiFX
Reply

Based on my careful review of SK’s available information, it’s important to acknowledge some key uncertainties. As an experienced trader, I place a high priority on understanding a broker’s transparency regarding account types, fee structures, and regulation. With SK, there is a noticeable absence of detailed disclosures about trading conditions, including ECN or raw spread accounts and whether commission fees are charged per lot. This lack of information makes it very difficult for me to assess SK’s cost structure with confidence. Furthermore, SK operates without oversight from recognized regulators like the FSC or FSS in South Korea, which is a significant concern for me when it comes to the safety of client funds and dispute resolution. While SK is an established firm with a long history in South Korea’s financial sector, the absence of clear information about commission fees, spreads, leverage, or even the specific availability of ECN account types prevents me from making any informed judgments or recommendations. Personally, this lack of transparency and regulatory clarity raises red flags and prompts me to exercise extreme caution. Until SK provides verifiable, detailed disclosures about their account offerings and associated trading costs, I would refrain from engaging in live trading or committing significant funds. For me, fee transparency and regulatory safeguards are essential prerequisites to a trustworthy trading experience.

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