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Can you tell me what the typical spread is for the EUR/USD currency pair on a standard account with Johnan Shinkin?

Broker Issues
Johnan Shinkin
Fees and Spreads
07-02
United States
WikiFX
Reply

Based on my careful examination of Johnan Shinkin’s background and available information, I was unable to find any clear or published data about the typical spread for the EUR/USD currency pair on a standard account. In my experience, this is an important detail—spread transparency enables me, as a trader, to more accurately estimate trading costs and assess competitiveness. The lack of disclosed spread information is not uncommon with institutions that are not specifically forex brokers, and it’s critical to note that Johnan Shinkin is primarily described as a bank providing general financial services, rather than specializing in forex brokerage. Additionally, what raises further concern for me is the fact that Johnan Shinkin operates without clear regulatory oversight, and there is a high potential risk warning associated with their trading services. In my professional judgment, such absence of regulation means there may be limited consumer protection or oversight regarding how spreads and trading conditions are managed or advertised. For any trader, especially when dealing with an institution without transparent trading condition disclosures, I believe it is prudent to proceed cautiously. I would personally recommend directly contacting the institution for up-to-date, specific information on spreads or considering regulated brokers that provide upfront, verifiable details about trading conditions before making any commitment.

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