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S jonas
Within 1 year

Could you tell me what the typical spread is for EUR/USD on a standard account with SHENGDA FUTURES?

Broker Issues
SHENGDA FUTURES
Fees and Spreads
04-28
United States
WikiFX
Reply

As an experienced trader, I’ve worked with a range of brokers and carefully consider spreads as part of my overall trading costs. With SHENGDA FUTURES, it’s important to highlight that, based on their available information, they do not currently offer forex trading—including EUR/USD—as part of their product lineup. Their regulatory status in China under the CFFEX license is centered on futures trading, and their platform lists tradable instruments like commodities, stock index futures, and precious metals, but not currency pairs or spot forex. For anyone specifically seeking to trade EUR/USD or other forex pairs, SHENGDA FUTURES would not be suitable under its present business scope. The broker appears to focus solely on futures markets, with no indication of support for standard or variable spreads on forex accounts. In my view, it’s best to approach such questions conservatively: if a broker’s official channels and regulatory disclosures do not clearly list forex among their offerings, I cannot recommend them for that purpose. If trading EUR/USD is a priority, it’s more prudent to look into brokers who have documented forex capabilities and provide transparent spread information. Always verify a broker’s product list and regulatory coverage directly on their official platforms before making decisions involving your capital.

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