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As someone who has traded forex and closely examined various brokers, I approach any broker's fee structure with careful scrutiny—especially when that broker does not hold a recognized regulatory license. With NatWest Markets, my immediate concern is the absence of concrete information regarding overnight financing charges or swap fees, which is notable considering most trustworthy brokers present this data transparently on their platforms. The data I reviewed did not provide specifics about their swap rates or the methodology for their calculation. In practice, established, well-regulated forex brokers typically disclose their overnight rates openly and allow traders to check real-time or historical swap values, helping us evaluate the true ongoing costs of holding leveraged positions. With NatWest Markets, the lack of regulatory oversight and transparency around these charges is, for me, a major red flag. Given this, I personally cannot make a confident, detailed comparison between their overnight financing charges and those offered by other brokers who demonstrate clear, competitive swap rates in a regulated environment. In my experience, trading with a broker where swap fees—or any significant trading cost—are opaque introduces considerable financial risk. For that reason, until NatWest Markets commits to full clarity and obtains recognized regulation, I would be extremely cautious and would advise fellow traders to prioritize safer, more transparent alternatives.