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How do ALTAIR MARKETS' swap fees (overnight financing costs) stack up against those offered by other brokers?

Broker Issues
ALTAIR MARKETS
Fees and Spreads
02-06
United States
WikiFX
Reply

As an experienced trader who always investigates every aspect of a broker before entrusting them with my capital, I was naturally interested in how ALTAIR MARKETS handles swap fees or overnight financing costs. Unfortunately, during my review, I found their official resources provide no concrete details regarding their swap fee structure. This lack of transparency is striking, especially when I compare it to most regulated brokers, which typically offer clear, accessible documentation of such costs. In my experience, not knowing these costs up front can have a material impact on long-term profitability, especially for those who hold positions overnight. The absence of information doesn’t allow me to gauge whether their swap fees are competitive or even fair when compared with established, regulated brokers in the industry who provide detailed, standardized fee schedules. For me, such opacity around core trading costs—especially overnight fees—raises significant red flags. In the absence of regulatory oversight and with little public disclosure, there’s no assurance that their swap fees will be reasonable or that any disputes could be resolved with external assistance. As a result, I exercise caution and recommend others do the same; understanding all trading costs is crucial to capital preservation, and without that transparency, it is difficult to make informed comparisons or risk assessments.

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