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Chris hagerman
1-2 years

How do RONGTONG GOLD’s swap fees for overnight positions stack up against those charged by other brokers?

Broker Issues
RONGTONG GOLD
Fees and Spreads
08-08
United States
WikiFX
Reply

As an experienced forex trader who relies heavily on transparent cost structures and regulatory oversight, I approach brokers like RONGTONG GOLD with particular caution, especially when considering crucial factors such as swap fees for overnight positions. From my research and direct review of the available information, I found no publicly verified data or clear disclosures regarding their overnight swap fees. This stands in sharp contrast to most reputable, regulated brokers, where swap rates and all associated costs are typically listed on the platform, allowing traders to gauge the impact on longer-term or carry trades with confidence. The lack of transparency here is more than just an inconvenience for me—it raises substantive concerns about cost predictability and fairness. In my experience, competitive brokers understand that clear disclosure of swap rates is not merely a regulatory obligation but a demonstration of respect and trust-building with clients. Without specific figures from RONGTONG GOLD, it’s simply not possible for me to confidently compare their swap fees with those of established, well-regulated competitors. In summary, due to the absence of regulatory oversight and clear public information on overnight charges, I find it impossible to assess RONGTONG GOLD’s swap fee competitiveness. For risk-conscious traders like myself, this lack of transparency is a major red flag.

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