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Based on my experience and a careful review of available information, I found that Nobata does not provide detailed, public disclosures about its overnight financing charges or swap fees. This lack of transparency is notable compared to other brokers I've used, especially those serving international forex traders. While Nobata holds an FSA license in Japan and mainly offers equities, ETFs, bonds, and derivatives, it does not support forex trading directly. The absence of forex as a tradable instrument means that conventional swap fees, as usually encountered in currency trading, do not apply here. For me, the inability to access clear information on overnight costs is a drawback. Other regulated brokers, particularly those with MT4 or MT5 platforms, typically display swap rates transparently and even provide swap calculators, allowing for more informed trading decisions. With Nobata, not only is the product lineup more limited, but also the cost structure for holding positions overnight in supported instruments remains opaque. When assessing any broker, I always prioritize fee transparency due to its direct impact on long-term trading costs. Therefore, while Nobata appears properly regulated for its business scope, if overnight costs are a critical consideration for your strategy, I would urge caution and recommend seeking direct clarification from Nobata or considering brokers with more accessible fee disclosures.