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Sergey5
Within 1 year

How do Pubali Bank's swap fees (overnight financing costs) stack up against those charged by other brokers?

Broker Issues
Pubali Bank
Fees and Spreads
04-10
United States
WikiFX
Reply

As an experienced forex trader, I always pay close attention to swap fees and overnight financing costs, as these can significantly impact long-term trading profitability. Unfortunately, when evaluating Pubali Bank, I found a concerning lack of transparency regarding their swap fee structure. Unlike most reputable brokers—especially those that are regulated—Pubali Bank does not provide accessible or detailed information on their trading fees or overnight costs. This lack of disclosure makes it impossible for me to compare their swap fees with those of other brokers I have used, who typically publish clear swap rate schedules or at least give real-time access through their trading platforms. This opacity is particularly worrisome because, in my experience, unregulated platforms often vary swap rates unpredictably or may introduce unexpected costs. Since Pubali Bank operates without recognized regulatory oversight, I am cautious about trusting their fee structure until I receive clear, official documentation. For me, this means I cannot, in good conscience, recommend trading with them if overnight costs or transparent fee schedules are important to you. Based on the information (or lack thereof) available, I would personally prefer brokers who offer full, verifiable disclosure on all fees, ensuring better cost predictability and risk management for traders like myself.

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