WikiFX

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As someone who relies heavily on transparent fee structures in my trading, I always scrutinize a broker's approach to swap fees or overnight financing charges before committing real capital. For S&C Inversiones, I encountered a significant obstacle: there is an absence of any detailed information regarding swap fees or overnight financing on their public documentation and platform. Given my experience, a lack of clear disclosure about such costs is, for me, a serious red flag. Why does this matter? Swap fees directly impact the profitability of holding positions overnight, especially for swing traders or those using carry trade strategies. Competing brokers with strong regulatory oversight usually provide readily accessible, up-to-date information on their swap rates or even built-in calculators. With S&C Inversiones, not only is the fee structure missing, but the broker itself is entirely unregulated, with WikiFX marking it at "high potential risk" and highlighting the lack of valid regulatory credentials. In practical terms, without upfront information about overnight charges, I cannot accurately compare S&C Inversiones to more established, transparent brokers. For me, the combination of absent fee transparency and no regulatory safeguard makes it impossible to assess, let alone recommend, their swap fees. My own approach mandates avoiding any broker where ongoing costs are unknown, as these can erode capital far faster than most traders anticipate. Proceeding without this information, in my view, would simply be too risky.