WikiFX

Sagot

As someone who has actively traded with a variety of brokers, I always prioritize transparency and clarity in fee structures—especially regarding swap fees for overnight positions, as these costs can accumulate unexpectedly over time. In reviewing ZHONGYANG, I found that their published fee schedule centers on turnover and commission-based charges for securities and futures, with an 8% annualized financing interest rate listed for margin trading. This financing rate effectively functions as their swap rate for leveraged positions held overnight. From my experience, this 8% annual rate is relatively high compared to many established international brokers, which typically charge margin or overnight financing rates that may range between 3% and 6% annually, depending on asset class and prevailing market conditions. What’s concerning for me is the lack of detailed, product-specific swap information and the fact that ZHONGYANG’s regulatory status is flagged for suspicious licensing circumstances. This makes it difficult to fully trust that fee structures will remain stable or that sudden changes won’t occur without adequate notice. Additionally, because their platform and business practices are not as widely recognized or independently audited as many global peers, I proceed with caution when considering holding overnight or long-term leveraged positions with them. For traders like myself who are sensitive to fee impact, I find ZHONGYANG’s swap approach less competitive and less transparent than what is available at better-regulated brokers. Thus, based on my standards and risk tolerance, careful ongoing review and direct broker confirmation would be essential before committing to overnight trades here.