Free tool
Trading cost calculator
What each trade really costs you in spread and commission, and what that adds up to every month.
Commission is in your account currency. Overnight swap is extra; see the swap calculator.
Conversions use reference rates from 16 October 2026. Your broker’s live prices will differ slightly.
Costs are a hurdle every trade must clear
"Total in pips" is how far price must move in your favour just to break even. For a scalper aiming at 5 pips, a 1.5-pip cost eats 30% of every winner. For a swing trader aiming at 150 pips it barely matters. Short-term strategies need the cheapest account they can find.
Costs also raise the win rate you need. Check that with the risk:reward calculator, and add overnight costs with the swap calculator.
FAQ
How do you calculate forex trading costs?
Cost per trade = (spread in pips × pip value × lots) + (commission per lot × lots). On EUR/USD with a 0.2-pip spread and $7 round-turn commission, one lot costs $2 + $7 = $9.
Is a raw-spread account cheaper than a standard account?
Often, but not always. Compare the total: a standard account with a 1.2-pip spread and no commission costs $12 per lot on EUR/USD, against $9 in the example above. Enter both setups here to compare.
What is round-turn commission?
The commission for opening and closing one lot. Some brokers quote it per side, so double it to get the round-turn figure.
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