Calculator
Forex trading cost calculator
Enter how much you trade and see what each broker would charge you per year in spreads and commissions on EUR/USD, using each broker’s cheapest account.
Assumes 48 trading weeks a year and typical EUR/USD spreads. Actual costs vary with market conditions, account tier and instrument.
How the calculation works
For each broker we take the typical EUR/USD spread on its cheapest account, convert it to dollars at $10 per pip per standard lot, and add the round-turn commission if the account charges one. That per-lot cost is multiplied by your lot size, trades per week and 48 weeks.
Want to understand the difference between account types? Read ECN vs market maker brokers.
Frequently asked questions
How do I calculate forex trading costs?
Multiply the spread in pips by the pip value, then add any commission. On EUR/USD one standard lot has a pip value of $10, so a 1.2 pip spread costs $12 per round turn, and a 0.1 pip spread with $7 commission costs $8.
What is a round-turn lot?
Opening and closing one standard lot (100,000 units of the base currency). Commissions are often quoted per side, so $3.50 per side equals $7 round turn.
Does the calculator include swaps?
No. Overnight financing (swap) depends on the position direction, interest rate differentials and how long you hold the trade.
Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.