WikiFX

Sagot

Drawing from my experience as a forex trader who places a high priority on risk management and regulatory trust, I have reviewed the available information on RR. Unfortunately, one of the first issues I encountered is the pronounced lack of transparency surrounding RR’s core trading conditions, including critical details such as overnight financing (swap) fees. Unlike many reputable and well-regulated brokers—which tend to provide clear breakdowns of swap charges for various currency pairs—RR does not display this information openly on their platforms or website. For me, as someone who often holds positions overnight, the absence of accessible and verifiable swap fee data is a significant concern. Swap fees can meaningfully impact trading costs over time, especially for swing or position traders, so I typically rely on brokers that clearly disclose these figures and are subject to robust regulatory oversight. In RR’s case, the platform has a suspicious regulatory status, is marked as unregulated, and has an overall low trust score. These red flags make it difficult for me to confidently compare their swap rates with the industry norm, and even more difficult to gauge whether they are competitive or fair. In summary, due to the opacity around RR’s swap fees—as well as their regulatory ambiguities—I would err on the side of caution. For my own trading, I prefer to use brokers who provide full transparency and documented regulatory safeguards, as this directly supports both cost awareness and long-term account protection.