WikiFX

Sagot

After reviewing everything available about SCB, I cannot provide a specific or reliable answer regarding the typical spread for the EUR/USD currency pair on their standard account. In my own due diligence as a trader, I've found that SCB does not position itself as a standard retail forex broker at all. Their primary focus seems to be on environmental products and sustainability markets rather than on offering traditional forex trading for individual clients. Furthermore, the broker currently lacks valid regulatory licenses and their investment advisory approvals have been revoked or have expired both in the US and the UK. This, for me, raises significant concerns about both transparency and operational integrity. I also could not locate any publicly available information, on their website or elsewhere, specifying forex account types, trading conditions, or spreads for major currency pairs like EUR/USD. Given this absence of core forex product information and the flagged regulatory risks, I would personally be extremely cautious about considering any trading with SCB—especially for standard forex instruments. In my experience, a broker's reluctance or inability to provide clear spread details is a red flag. If trading major FX pairs on transparent conditions is a priority, I would recommend seeking out a provider with clear regulatory standing and fully disclosed trading terms.