WikiFX

Reply

As an experienced trader who approaches broker selection with caution, I find the lack of transparency around HUNGSING’s swap fees or overnight financing charges to be a significant concern. Reliable brokers should make such costs clear, as they directly impact long-term trading strategies, particularly when positions are held overnight. From my research based on available firm materials, HUNGSING does not disclose detailed information on swap rates or even standard trading fees. This stands in stark contrast to most established brokers in the industry—many of which provide at least a fee schedule or real-time rate calculator for traders. The absence of these disclosures makes it nearly impossible for me to make an informed assessment or comparison of their charges relative to other brokers. Moreover, considering that HUNGSING’s regulatory standing has come under question—with one license exceeded and another revoked by the Hong Kong SFC—I am left even more apprehensive about hidden or unfavorable fee structures. In my view, lack of clarity about overnight financing is a serious red flag. For my own trading, I would opt for a broker whose swap fees, margin costs, and all terms are openly published and regularly updated, as transparency in cost influences overall trading outcomes and trust. Given these factors, I strongly advise extra diligence and a conservative approach when considering platforms with unclear or incomplete fee information.