WikiFX

Sagot

As an experienced forex trader, I approach any broker with caution—especially when clear regulatory oversight is absent. Based on my research into Barclays as presented on their profile, it's important to clarify that while Barclays is a globally recognized name in banking and financial services, its presence in Japan as a forex broker is not regulated by any official authorities. This lack of regulation substantially increases the risk for traders like myself, as there is no guarantee of fund security or recourse in the case of disputes. Regarding your specific question about commissions for ECN or raw spread accounts, I could not find any transparent information or detailed account type breakdowns specifying commission structures for lot trading. This omission is concerning. In my experience, reputable ECN or raw account brokers make their fee structures—commissions per lot, spreads, and other charges—readily accessible and easy to understand before you open an account or commit any funds. The absence of such crucial trading details, combined with the warning signs surrounding suspicious regulatory licenses and user complaints about fund withdrawals, makes me extremely hesitant to engage or recommend trading with Barclays in this context. For me, transparency in costs and robust regulation are fundamental before even considering trading. With Barclays here, neither is present, so I cannot responsibly determine if (or how much) commission is charged per lot. I strongly advise exercising maximum caution and thoroughly safeguarding your funds if you are considering this broker.