Broker cost analysis

Trading Fee Calculator

Enter your trader profile. The table updates as you type. Every cell is real cost in US dollars, based on the spread and commission published by each broker for that account type.

Per-broker breakdown Annualised cost Save state locally
BrokerPer tradePer weekPer monthPer yearOpen account
XM Group9.1/10
$16.00$160$693$8,320Open Account →
Exness9.3/10
$11.00$110$476$5,720Open Account →
FP Markets8.9/10
$12.00$120$520$6,240Open Account →

Cost model: spread + round-turn commission, EUR / USD reference pair, pip value $10 / lot. Real cost varies with quote currency, slippage and overnight swap. Numbers from broker MDX frontmatter sourced from public account-type sheets.

How the cost model works

Cost per trade equals the spread in pips times the pip value in your quote currency, plus the round-turn commission on commission-based accounts. The default reference pair is EUR / USD with pip value $10 per standard lot. Annual cost is weekly cost times 52, monthly cost is weekly cost times 4.33.

Real cost varies with quote currency, slippage, overnight swap fees and account-currency conversion. The calculator gives you the static fee floor — the cost you pay even when the market moves in your favour.

Why this matters

A 1-pip spread difference on 10 trades a week at 1 lot costs you roughly $5,200 a year. Most retail traders never run this number on their broker before opening an account. Once you do, the spread chart on a broker's own homepage stops looking like marketing and starts looking like rent.

Risk warning: CFDs are complex instruments. 74-89 % of retail accounts lose money. Affiliate disclosure: how we earn.