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As someone who relies on transparency and regulatory oversight for all my trading decisions, I found it concerning that Renta 4 does not publish clear information about their swap fees or overnight financing charges. Moreover, since Renta 4 operates without oversight from Spain’s CNMV or any other recognized financial authority, there’s no reliable mechanism ensuring their fee structure is standardized or competitive. In my own practice, I always compare swap rates and additional costs between brokers because these recurring charges directly impact profitability, especially if I hold positions overnight. Without published fee details and in the absence of regulatory pressure, I can’t confidently assess whether Renta 4’s overnight costs are fair or in line with industry standards. For me, the lack of transparency is a major drawback compared to other, well-regulated brokers who disclose their swap rates prominently and are held accountable by regulators for unfair pricing. In such a high-risk, unregulated environment, I personally would not consider Renta 4 a viable option until they disclose comprehensive, verifiable information on all trading costs, including overnight financing. Until then, I prefer to stick with brokers who combine regulatory compliance with transparent and competitive swap rates for my peace of mind and long-term profitability.