Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
marcustan
Within 1 year

How do DEGUSSA’s swap fees (overnight financing costs) stack up against those of other brokers?

Broker Issues
DEGUSSA
Fees and Spreads
01-11
United States
WikiFX
Reply

As a trader concerned with both transparency and minimizing trading costs, I always make it a point to thoroughly vet the fee structures of any broker. With DEGUSSA, I faced a significant challenge on this front. Based on my research and the information available, DEGUSSA’s fee structure—including specific details about swap fees or overnight financing costs—is notably unclear. This lack of clarity is a red flag for me, because knowing exactly what I’m being charged is essential for careful risk and cost management, especially if I’m holding positions overnight. In contrast, most reputable, regulated brokers clearly publish their swap rates or financing costs, allowing for straightforward comparison and informed decision-making. The fact that DEGUSSA is unregulated further limits my confidence, as there’s no oversight to ensure they uphold basic transparency standards that I would ordinarily expect in the industry. Without a clear presentation of these costs, I simply can’t make a fair or meaningful comparison to other brokers I’ve used, whose swap fees are easy to find and verify. For me, the combination of an unregulated status and a vague fee structure makes it difficult to trust DEGUSSA with my overnight trading activities. I would need to see explicit, detailed information about their swap fees before even considering them alongside well-established, regulated brokers. Ultimately, I prioritize brokers who are upfront about all costs and subject to credible supervision, to protect both my capital and peace of mind.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com