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Assessing BD Securities as an experienced trader, I am unable to comment specifically on their swap fees or overnight financing costs because there is no transparent information provided about these charges. This absence of clear swap rate disclosures immediately raises a red flag for me. In the forex industry, reputable brokers typically publish detailed fee schedules, helping traders like myself avoid unexpected costs over time. Given that BD Securities currently operates without recognized regulatory oversight and holds a "suspicious regulatory license" according to objective broker assessments, I exercise particular caution. For context, established brokers in major jurisdictions usually offer upfront information regarding swap fees—either on their trading platforms or broker websites—which allows traders to compare and make informed decisions. When I see a broker without reliable regulation and little to no information on essential trading costs, I recognize a considerable risk to both transparency and fairness. From my personal experience, such opacity can result in hidden or unfavorable overnight financing terms that may only become apparent once trading is underway. Because I couldn’t verify or compare BD Securities' swap fees to those of well-regulated brokers, I would be extremely hesitant to trade with them. The lack of regulatory accountability and transparency makes it impossible for me to evaluate whether their costs are competitive or fair, and this is not a risk I am willing to take with my trading capital.