WikiFX

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Based on my review of Tokai Tokyo, I found that publicly available information on their WikiFX profile is quite limited when it comes to specifics about ECN or raw spread accounts and their commission structures. From long experience, I know that regulated brokers in Japan, such as Tokai Tokyo (who operate under the oversight of the FSA with a retail forex license), typically outline their fee structures clearly for compliance and transparency. However, in this case, essential details about commissions per lot, minimum deposits, account types—especially whether ECN or raw spread accounts are available—aren’t disclosed directly. For me, this lack of transparency is a concern, especially since understanding costs is critical for responsible trading and risk management. In general, ECN and raw spread accounts, if offered, almost always include a commission fee per lot because they typically provide lower spreads. On the other hand, if a broker only offers standard accounts with wider spreads, commissions might be built into the spread itself rather than charged separately. Given the information at hand, I am unable to confirm the exact commission policy for Tokai Tokyo’s ECN or raw spread accounts. Personally, I would reach out directly to their customer support for a complete fee breakdown before making any funding decisions. I treat unclear fee structures and ambiguous product offerings as a signal to proceed with caution, especially with institutions where transparency and trader protection should be paramount.