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As an independent trader with a careful, risk-averse approach, I always evaluate brokers based on transparency around fees, including swap rates or overnight financing charges. With TCS, however, I quickly discovered that clear details on their swap fees are not publicly disclosed. This lack of accessible information stands out, especially when I compare it to other established brokers who typically make their overnight fee structures readily available. In my own experience, swap rates can significantly eat into profits or losses if one holds positions overnight, so I regard open disclosure as vital for making informed trading decisions. TCS’s regulation under the Taiwan TPEx does reflect a degree of oversight, and this is reassuring in terms of general operations. Nevertheless, the combination of a medium potential risk rating and an undisclosed license number makes me approach such gaps in fee transparency with caution. For me, before engaging with any broker, I need a clear picture of all associated costs—swap fees included—since these can vary widely across firms and directly impact a strategy’s viability, particularly in margin and leveraged trading. Without explicit, published swap rates or even average fee examples from TCS, I am left unable to directly compare their charges to other brokers I have used. Personally, this means I would hesitate to commit real funds to overnight positions until these details are clarified. If overnight costs are a key consideration for your trading style, it may be prudent to request specific information from TCS or work with providers that are more transparent upfront about their swap fee policies.