WikiFX

Sagot

Based on my review of Senshu Ikeda, I was unable to find any official information specifying the typical EUR/USD spread they offer on a standard account. In my experience, the lack of detailed spread disclosure is not uncommon with more traditional Japanese securities firms like Senshu Ikeda, especially since their primary focus appears to be on domestic and foreign stocks, bonds, and investment trusts, rather than spot forex trading. Even though Senshu Ikeda holds a retail forex license and is regulated by the Japanese Financial Services Agency—which provides a certain degree of oversight and should make traders feel somewhat protected—the absence of transparent forex spread data means I personally proceed with extra caution. From a risk management standpoint, it's critical to know all trading costs upfront, as spread size can directly affect profitability, particularly for those of us who engage in active trading strategies. I have also observed that Senshu Ikeda does not offer the popular MT4 trading platform, opting instead for proprietary trading tools. This, combined with the limited account types and the lack of online chat support, makes it challenging for me to assess how competitive their spreads or execution really are without firsthand account access. For anyone considering trading major forex pairs like EUR/USD with Senshu Ikeda, I recommend reaching out directly to the broker for specific spread information, and making sure to confirm all fees and trading conditions before funding an account. In my years of trading, full fee and spread transparency has always been a non-negotiable element in my broker selection process.