Having spent several years evaluating brokers for my own trading, I’m always deliberate in assessing the fine print, particularly swap fees or overnight financing charges. When looking into Proton Markets, I immediately noticed a major gap in transparency regarding critical trading costs. On their information page, there are no clear details about swap fees, how these are calculated, or even an explicit mention of overnight charges. As someone who often trades positions overnight, this lack of transparency is a red flag for me. Reliable brokers usually provide explicit swap fee schedules for each instrument they offer, enabling traders to compare costs before making a commitment. Moreover, Proton Markets already triggers several serious cautions: its regulatory status is highly suspect, it carries a “high potential risk” warning, and its overall broker score is quite low compared to well-established and regulated peers like IC Markets or VT Markets. In my experience, unregulated brokers often compensate for low entry requirements or flashy marketing with hidden, poorly disclosed fees—including elevated swap rates that can quietly erode profits. Since I’m unable to verify their swap charges or compare them directly, I have to assume the risk of unpredictable overnight costs is much higher. For anyone considering holding trades overnight, the absence of this basic disclosure is, for me, a strong reason to stay on the sidelines. I would only consider brokers that publish complete fee information and hold recognized regulatory licenses.