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How do Instreet's overnight financing charges (swap fees) stack up against those of other brokers?

Broker Issues
Instreet
Fees and Spreads
03-04
United States
WikiFX
Reply

As an experienced trader, my assessment of Instreet’s overnight financing (or swap) fees is necessarily limited by the lack of transparent information on this topic from the broker itself. From my research, I found that Instreet does not clearly disclose its swap rates or overnight charges anywhere easily accessible to prospective clients. This is an immediate red flag for me because swap fees can significantly impact my trading costs, especially if I hold leveraged positions overnight. Compared to other brokers I’ve worked with, which generally provide detailed breakdowns of overnight fees for each instrument, Instreet’s lack of disclosure makes it difficult to properly evaluate or compare their conditions. I’m used to factoring swap rates into every trade plan, so not having this information affects both my ability to budget costs and my overall trust in the broker. Given that Instreet is regulated by ASIC and offers diversified investment solutions mostly centered around derivatives, options, and ETFs—but not spot forex or commodities—I suspect their fee structures may differ from typical forex brokers. However, since the trading conditions are not well documented, I personally would exercise caution and reach out directly for clarification before considering any overnight positions through them. For me, transparent disclosure and accessible fee schedules are essential for trust and long-term trading viability.

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