WikiFX

Sagot

As an independent forex trader, I place significant importance on understanding fee structures before choosing any brokerage. Looking at CANDEAL, I have not found explicit details regarding their swap fees for holding overnight positions. This lack of transparency makes it difficult for me to directly compare CANDEAL's swap charges with those of other more retail-oriented brokers, many of whom publish clear, up-to-date swap rates on their platforms. In my experience, brokers typically dealing with retail forex tend to be quite forthcoming about overnight financing costs, as that information directly affects trading profitability. CANDEAL, on the other hand, is regulated in Canada by CIRO and focuses primarily on Canadian fixed income and OTC derivatives for institutional or dealer-to-client environments, using its proprietary CanDeal Evolution platform. This suggests their fee structures, including swap rates, may be negotiated or tailored to larger clients, rather than standardized for retail traders. For me, the absence of easily accessible swap fee information introduces a degree of uncertainty and prevents me from making a clear, evidence-based judgment about competitiveness. Given that swap fees can have a substantial impact—especially if you hold positions overnight—my approach would be cautious. I would advise reaching out directly to CANDEAL’s support or sales team for precise, up-to-date figures before making any decisions, as relying on assumptions in the absence of published data poses avoidable risk.