WikiFX

Reply

Having evaluated Guosen Securities (HK) as part of my ongoing due diligence as a trader, I found that while the broker is under SFC regulation and offers a range of financial products, there is a notable lack of transparent, detailed information about their specific overnight financing (swap) charges available in the public context. In my experience, this absence of clear data makes it challenging to accurately compare their overnight costs to those of other well-known brokers, especially those that publish detailed fee structures online. For me, this lack of transparency is a concern, since overnight financing charges can significantly impact profitability, particularly with leveraged or longer-term trades. Many established brokers in the region and internationally provide upfront access to their swap rates for various instruments, which helps traders make more informed decisions and manage costs proactively. At Guosen Securities (HK), however, the information provided focuses mostly on their regulated status, product offerings, and overall risk profile. Considering the occasional reports of withdrawal difficulties and general risk warnings associated with the firm, I am particularly cautious about cost structures that aren’t clearly accessible. Before I would consider engaging in any trading activity with them, I’d recommend directly contacting their customer service to request the latest and most accurate overnight financing specifics and comparing those figures against transparent competitors. As always, careful review and direct verification are indispensable steps for anyone concerned about recurring trading costs and risk.