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tabawan_dreamer
Within 1 year

Can you tell me what the typical spread is for EUR/USD when trading on a standard account with SinoPac Holdings?

Broker Issues
SinoPac Holdings
Fees and Spreads
04-07
United States
WikiFX
Reply

Based on my research and review of SinoPac Holdings, I have been unable to find any clear or official information regarding the typical spread for EUR/USD, or for that matter, on any specific trading instrument for standard accounts. This raises a significant concern for me as a trader, since many reputable brokers make such essential details transparent and easily accessible. In my experience, knowing the spread is fundamental for evaluating trading costs and overall broker competitiveness. The lack of this information makes it very difficult to calculate trading expenses upfront and could potentially lead to unexpected costs. Moreover, it's important to note that SinoPac Holdings does not appear to hold any valid regulatory licenses, and key trading details—including leverage, minimum deposit, available trading platforms, and especially spread—are missing or unclear. For me, this absence of transparency is a major red flag, especially when dealing with a company that is unregulated. As someone who values transparency and robust oversight, I would proceed very cautiously. I can’t make reliable assumptions about spreads with SinoPac Holdings, and this uncertainty alone would keep me from risking significant capital on their platform. My general advice is to fully understand all trading costs before proceeding with any broker, and if such critical information is not disclosed, I personally consider it prudent to look elsewhere.

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