WikiFX

Sagot

Speaking candidly as someone who relies on transparency and clear cost structures, I could not find any concrete information regarding typical spreads on EUR/USD or even on forex trading in general with Hicend. Based on the available information, Hicend does not appear to offer forex trading at all; their product offering is focused on futures contracts involving metals, energy, and chemical markets. As such, EUR/USD—a major forex pair—does not seem to be tradable on their platforms. From my perspective, this is an important distinction. It’s easy to assume most brokers offer access to popular currency pairs, but specialized futures brokers like Hicend prioritize other asset classes. If your trading strategy depends on forex, especially EUR/USD, Hicend may not fit your needs. This cautious approach—verifying the brokerage’s actual tradable instruments before opening an account—is essential. Additionally, the absence of demo accounts and the charging of application and handling fees suggest costs are present, but specifics about forex spreads simply aren’t applicable here. For me, clarity about what I can trade and what my costs will be is fundamental, and in this case, forex spreads on EUR/USD are not relevant at Hicend.