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How do Victory Securities' swap fees (overnight financing charges) stack up against those offered by other brokers?

Broker Issues
Victory Securities
Fees and Spreads
01-05
United States
WikiFX
Reply

As an experienced trader who routinely reviews broker fee structures with care, I always pay particular attention to overnight financing (swap fees), since these can meaningfully impact my bottom line over time. After carefully studying Victory Securities, I found that their published information focuses extensively on commissions and stock trading fees across global markets, as well as on various transactional and administrative charges. However, they do not explicitly outline their overnight financing or swap fees for leveraged forex or CFD positions. This omission is noteworthy—many reputable brokers are transparent about swap rates, making it easy for traders to compare costs in advance. In my view, the lack of clear, accessible details on Victory Securities’ overnight financing fees means prospective clients must exercise extra caution. Before committing to any positions that may be held overnight, I would strongly recommend directly querying their support channels about current swap fees for specific instruments. For traders like myself who are cost-sensitive or who utilize multi-day trading strategies, not having upfront fee transparency can present both operational and financial uncertainties. Thus, based on my experience and in the spirit of prudent risk management, I advise factoring this information gap into your broker evaluation process when comparing Victory Securities with other brokers who openly publish and update their swap rates.

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