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Broker
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Ashraf20
Within 1 year

How do TP Global's swap fees, or overnight financing charges, stack up against those offered by other brokers?

Broker Issues
TP Global
Fees and Spreads
04-01
United States
WikiFX
Reply

As someone who approaches broker selection with careful due diligence, I found it challenging to evaluate TP Global’s swap fees or overnight financing charges in any meaningful way. The most concerning issue for me was that TP Global’s official website was inaccessible, and there is no verifiable or transparent disclosure of trading fees, including swap rates. Transparent access to fee schedules is critical in forex trading—especially since overnight financing can significantly affect longer-term strategies. Based on my experience, the lack of regulation heightens the risk, as unregulated brokers are under no obligation to provide fair or competitive swap rates, or even disclose those fees to clients. When I compare this to established, well-regulated brokers who publicly quote their swap fees and often offer calculators for precise projections, TP Global simply does not inspire the same level of trust. This absence of accessible and reliable information on costs makes it impossible for me to assess how TP Global stacks up against reputable competitors. Ultimately, I would urge caution and personally cannot recommend TP Global for anyone who values transparent cost structures. Trading with a broker where overnight charges and fee policies are so opaque exposes traders to unnecessary and avoidable risks. For my own trading, I personally require full fee transparency before committing any capital, and TP Global does not meet that threshold.

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