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Can you tell me the typical spread for the EUR/USD currency pair on a standard account with Guosen Securities (HK)?

Broker Issues
Fees and Spreads
05-01
United States
WikiFX
Reply

Based on my experience and after closely examining the available data for Guosen Securities (HK), I have to acknowledge that there isn’t any explicit information provided about the typical spread for the EUR/USD currency pair on a standard account. As a trader, I understand that transparency about trading conditions such as spreads is essential, particularly for active forex traders who depend on these details to assess trading costs and overall broker suitability. Guosen Securities (HK) presents itself as an established, SFC-regulated entity with a broad suite of financial services. However, their focus appears to center on securities brokerage, asset management, and corporate finance rather than being a core forex provider. The absence of clearly published spread data for major pairs like EUR/USD makes it difficult for me to accurately gauge their competitiveness in forex trading compared to dedicated online forex brokers. Personally, I would treat this lack of published spread information with caution. For me, before committing any funds or opening an account with Guosen Securities (HK), I would directly contact their support channels to request precise, up-to-date spread and fee figures. In my experience, due diligence is paramount, and I would not proceed without clarifying all costs involved, especially considering some reported user concerns and withdrawal issues. I recommend a conservative approach and full information verification before making any trading decisions with this broker.

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