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As an experienced trader who is cautious about broker transparency and risk, I always make it a priority to thoroughly research overnight financing costs—often called swap fees—before committing meaningful capital. With T&D, this has proven particularly challenging. Based strictly on the information available from their official sources, I found that T&D is primarily focused on investment management services, such as AXIA (Value), SOPHIA (Core-Growth), and ESG strategies, rather than traditional forex trading platforms that openly publish swap fee schedules. This lack of clear, accessible information on overnight financing charges immediately raises a concern for someone in my position; understanding all trading costs is essential to long-term profitability and effective risk management. Furthermore, while T&D is regulated in Japan by the FSA and has an established industry presence spanning decades, transparency around day-to-day trading conditions—like swap rates—is a cornerstone of trust for me. Many reputable brokers publish detailed swap fee tables or at least provide calculators via their trading platforms. In contrast, with T&D, I could not locate any definitive data about their swap fees, making it impossible to directly compare these costs to those offered by other, more retail-focused forex brokers. Given the potential for medium risk and the “suspicious scope of business” note, I’d proceed cautiously. Until I can verify exact overnight financing charges through official customer support or clearer documentation, I would personally hesitate to trade leveraged forex instruments here, as unknown costs can erode profits or introduce unexpected risks.