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Thanh Thao
Within 1 year

How do Credicorp Capital’s overnight financing charges (swap fees) stack up against those of other brokers?

Broker Issues
Credicorp Capital
Fees and Spreads
01-05
United States
WikiFX
Reply

As an experienced trader, I approach every broker review with a high degree of caution, especially when there are regulatory concerns. With Credicorp Capital, my main focus initially was to try to extract relevant information about their overnight financing charges, often referred to as swap fees. However, based on the data available about this broker, I found no clear details about their swap fee structure or even if they offer any transparent disclosure of their overnight costs. This lack of transparency is a significant concern for me, as swap rates can materially affect long-term trading positions and overall profitability. When I compare Credicorp Capital with highly regulated peers that are clearly licensed in major jurisdictions and provide full fee breakdowns, the contrast is stark. Those reputable brokers typically present detailed swap tables or calculators so I can estimate my financing costs before I trade. In contrast, the lack of fee information with Credicorp Capital makes it impossible for me to make a fair, informed comparison regarding their swap rates versus the industry norm. Given the stated absence of valid regulatory oversight and a low risk management score according to collected data, I cannot positively judge Credicorp Capital’s approach to overnight financing charges. For me, the combination of regulatory ambiguity and inadequate transparency is a red flag and significantly outweighs any potential benefit. Until there is full and clear disclosure of all trading fees, including swap rates, I would personally choose to trade with a broker that meets rigorous regulatory standards and provides unambiguous fee structures.

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