WikiFX

Reply

As an experienced trader, I know that transparency around fees is a significant factor in evaluating any broker. From my review of MUFG (specifically au Kabucom Securities, part of the Mitsubishi UFJ Financial Group), I found that trading fees and commissions for various products are clearly structured and disclosed—especially for stock trading. Regarding forex, I've observed that they highlight commission-free trading, with costs built into the spread. However, when it comes to deposit and withdrawal fees, I could not locate explicit details within their published information. This absence does not necessarily imply that hidden fees exist, but as a trader, I remain cautious and consider it standard practice to verify this aspect directly with their customer service. Firms regulated in Japan by the FSA like MUFG generally maintain a high standard of transparency, but I would never risk funds based on assumptions alone. For me, it’s essential to clarify all transactional costs in advance, as even regulated brokers may have bank-related charges or third-party processing fees not immediately apparent from their standard documentation. If considering MUFG, I would always recommend reaching out to their support and requesting full disclosure in writing before proceeding with any transfers.