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As an experienced trader who has evaluated various brokers over my career, I’ve found that overnight financing charges—sometimes called swap fees—can heavily influence overall trading costs, especially for those of us managing long or leveraged positions. Fulbright Financial Group sets margin account and cash account interest rates at HSBC Prime plus 1.8%, which as of recent HSBC rates comes out to around 7.05%. In my experience, this rate is broadly in line with other Hong Kong-based brokers, and even on the lower side compared to some firms that can push swap rates much higher when liquidity tightens or market volatility spikes. However, it’s important for me to note that Fulbright’s structure is different from many international retail forex brokers. Their overnight interest is mainly relevant for margin trading on securities and futures—whereas, unlike many brokers, they don’t offer spot forex trading directly. That means their financing charges are really competing with other equity and futures brokers rather than global forex shops, where swap calculation methods can vary widely depending on the instruments and currency pairs offered. What stands out for me is that Fulbright’s fee schedule is relatively transparent and tied to a major Hong Kong bank’s published rate. There is less risk of “hidden” overnight charges that I sometimes worry about with less-regulated offshore brokers. Still, the 1.8% markup on the prime rate is a real consideration; depending on market conditions and if you’re active in other regions, you may find brokers elsewhere offer more competitive swaps—especially if you’re trading spot forex. I always weigh the security and regulation of an SFC-licensed broker like Fulbright against any potential marginal differences in swap fees, and for my capital preservation, a modest but predictable rate is often preferable to chasing the lowest headline number at the expense of oversight and transparency.