WikiFX

Sagot

As an experienced forex trader, I approach each broker review with careful attention to regulatory status and product offering, especially since spreads have a direct impact on trading costs. In my experience with HSBC, it's important to recognize that while they are a well-regulated financial institution in Hong Kong and Malaysia, their trading services focus primarily on products like shares, trusts, bonds, and structured investment products—rather than spot forex pairs. In particular, when assessing their standard account features and available trading instruments, I found that forex trading—specifically instruments like EUR/USD—are not listed among their tradable assets. This absence isn’t a minor detail; it speaks to the nature of HSBC’s offering as more aligned with traditional banking and investment services rather than retail forex brokerage. As such, I am unable to provide a typical spread for EUR/USD with HSBC simply because this product is not part of their current suite. From a risk management perspective, it’s always prudent to confirm the specific trading instruments available before opening an account or making deposit decisions. For traders specifically seeking competitive spreads on forex majors like EUR/USD, it’s necessary to look at institutions primarily dedicated to retail or institutional FX trading, as HSBC’s regulated and reputable services do not currently extend to spot forex pairs. This understanding allows me to avoid assumptions and ensures my trading decisions are based on verified, product-specific information.