WikiFX

Sagot

As an experienced trader, I always approach brokers like Tracom with heightened caution—especially when it comes to key cost factors like swap fees or overnight financing charges. My review is based on a close reading of the available information, and frankly, Tracom does not publish any transparent details about its swap fee structure. This lack of disclosure is a significant concern for me, since the ability to clearly evaluate ongoing trading costs is essential for long-term profitability and risk management. From my experience, established and well-regulated brokers usually make their swap rates easy to locate and compare, ensuring traders are fully aware of their potential costs. In contrast, Tracom’s absence of regulation, as well as its proprietary mobile-only platform, leave critical questions unanswered—not just about swap fees, but about the integrity and security of client accounts generally. While the broker has operated for several years and offers a range of investment products in the Indian market, I am unable to determine with confidence how its swap fees compare to those of reputable, regulated brokers. As a rule, I never risk funds with brokers that lack regulatory oversight or transparency on basic pricing components. Until such details, especially surrounding overnight costs, are made available in a transparent and verifiable way, I would not consider Tracom a competitive or trustworthy option for currency trading relative to the globally recognized, regulated alternatives.