Global Broker Regulation Inquiry App
WikiFX
Broker
Rankings
Regulators
Mohammed Mazhar
Within 1 year

How do GFFM’s overnight financing (swap) fees stack up against those offered by other brokers?

Broker Issues
GFFM
Fees and Spreads
07-17
United States
WikiFX
Reply

From my firsthand experience and thorough due diligence, I’ve found that evaluating GFFM’s overnight financing (swap) fees is unfortunately not possible due to the lack of published information from the broker itself. When I attempted to compare swap rates—an important operating cost for leveraged traders—GFFM does not provide these figures transparently on their website or in available broker resources. In contrast, most reputable brokers make their overnight financing costs, whether positive or negative, clear either on their trading platforms or client portals, allowing for cost comparisons and proper strategy planning. This opacity is a significant drawback for me. Without published swap rates, I can’t determine if GFFM is competitive, expensive, or fair when it comes to holding positions overnight. Swap fees can have a substantial impact on long-term strategies, particularly with commodities and energy products—areas in which GFFM specializes. I am only comfortable allocating capital to brokers who make all trading costs, including overnight financing, explicit. This transparency is not just a matter of preference; it is vital for proper risk assessment, accounting, and compliance with best trading practices. Based on the information available, traders like myself should approach GFFM with caution until these fee structures are explicitly clarified, especially if overnight positions are part of their strategy.

Select Country/Region
  • Hong Kong

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

United States
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:fxeyevip@gmail.com