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From my own investigation and experience working with a range of brokers, assessing swap fees—those charged for holding positions overnight—is essential for any serious forex or futures trader. With First Shanghai, I immediately noticed that their public documentation and broker profile lacks explicit information regarding swap or overnight financing rates. I consider this lack of transparency a notable drawback, especially when compared to many other major brokerage firms that openly publish such details, allowing traders like myself to effectively plan and risk-manage longer-term holds. In my professional practice, I depend on having clear insights into all costs, as unanticipated swap charges can erode returns or even turn a winning strategy into a losing one over time. First Shanghai’s regulatory status with the Securities and Futures Commission of Hong Kong does inspire confidence in overall legitimacy and client security. However, the absence of published swap fee details makes it difficult for me—or any cost-conscious trader—to accurately compare their overnight charges with those of international peers. Frankly, until First Shanghai provides transparent information or a swap rate schedule, I would remain cautious about holding positions overnight with them. For me, the risk of unknown costs is enough to favor brokers with clearer, accessible disclosures, especially where my trading style relies on precise, up-front information about every fee.