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WikiFX
Thobani Dlalda
1-2 years

Given your research and available reviews, what is your assessment of SANKO's credibility?

Broker Issues
SANKO
Regulation
08-17
United States
WikiFX
Reply

From my perspective as a trader with years of independent decision-making, I approach SANKO with a particular mix of confidence and caution. On one hand, SANKO stands out for being regulated by Japan’s Financial Services Agency, operating under a retail forex license for over 15 years. In my experience, FSA supervision generally strengthens the perception of legitimacy, as Japan’s regulatory environment is known for its rigorous standards. For me, a verified office location and a longstanding operational history tend to reduce the likelihood of outright fraud. However, my assessment is tempered by notable limitations. SANKO does not provide access to common international trading platforms like MT4 or MT5, which could pose challenges for those used to a broader technology ecosystem. Moreover, there is an absence of detailed information about spreads, leverage, and account types. The lack of a demo account also makes it harder for new or international traders to get a risk-free sense of the platform before committing funds. It’s also clear that SANKO primarily caters to domestic traders, as key materials are only available in Japanese. Although I value SANKO’s regulatory credentials and business longevity, I remain cautious due to its limited transparency and lack of globally familiar trading tools. For me, SANKO seems credible within its domestic context, but I would only consider it after careful due diligence and with a full understanding of its scope and limitations.

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United States
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