WikiFX

Sagot

As an experienced trader who prioritizes safety and regulatory compliance, I always scrutinize the background and offering of any broker before considering them. With SANKO, I immediately noted their long operating history of over 15 years and, importantly, their regulation by Japan's Financial Services Agency (FSA) under a retail forex license. FSA oversight in Japan is generally stringent, giving me a base level of confidence in their legitimacy and operational standards. However, I also observe that SANKO’s primary focus is on stocks, futures, options, bonds, ETFs, and REITs, not forex or other global asset classes. For someone like me seeking multi-asset or direct forex trading, SANKO’s limited tradable instruments could be a significant drawback. Furthermore, while it’s reassuring that SANKO holds a regulated license, I noticed the caution that their scope of business is classified as suspicious and there is a “medium potential risk” noted. The lack of demo accounts and the absence of MT4/MT5 platforms, which are industry standards for active traders, are further limitations from my perspective. Most information is available only in Japanese, which could restrict access for international users. In summary, while SANKO appears to meet regulatory and longevity criteria, there are notable gaps in transparency and offering scope for broader trading needs. For me, these factors warrant a conservative approach; I would only consider SANKO for very specific, domestically focused Japanese market trading—always starting cautiously and observing closely before committing significant funds.