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Based on my experience and assessment of DGCX, the approach this exchange takes to overnight positions is markedly different from the standard swap charges at most retail brokers. Rather than implementing the typical daily swap rates you see with forex or CFD brokers, DGCX imposes a severe penalty (36% per annum) for settlement shortages—effectively a punitive measure rather than a routine financing fee. If the shortage persists for more than two days or occurs more than three times a month, the penalties are doubled, with the added threat of trading restrictions or forced position closures. For me, this stands out as especially risky compared to the industry norm. Most regulated brokers calculate swaps based on prevailing interbank interest rates, so charges are usually more predictable—even if they can still add up over time on leveraged positions. At DGCX, the lack of day-to-day swaps might seem intriguing at first, but in reality, there is a high, sudden penalty structure that, in my view, introduces unnecessary exposure to operational risk. Given that DGCX operates at an institutional level and isn’t suitable for typical retail trading, these aggressive penalties can easily catch an independent trader off guard. That’s why, for my trading approach, clarity, predictability, and strong regulation are essential in broker selection, especially regarding overnight funding costs. At DGCX, the cost model for overnight holding is not only harsher than the norm but also less transparent, which raises material concerns for prudent risk management.