Calculate the real cost of each trade from spread and commission per lot, in money and in pips, and how much you pay per month based on your number of trades.
For information only. Not financial advice. Always check your broker's conditions before trading.
How it works
Every trade has a fixed cost: the spread (the difference between buy and sell prices) and, on ECN or raw accounts, a commission per lot. This calculator turns that into money per trade and per month.
Useful for comparing brokers and account types: a low-spread account with commission can work out more or less expensive than a commission-free one depending on how much you trade.
How it is calculated
Spread cost = spread (pips) × pip value per lot × lots
Commission = commission per lot × lots
Cost per month = (spread + commission) × trades
FAQ
What is a normal commission per lot?
On raw forex accounts it is usually between 5 and 7 USD per lot round turn.
Is the spread always the same?
No. It is usually variable: it widens during news, at the Sunday open and outside the main sessions.
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