FX Fee Calculator
Know exactly what you'll pay before you trade. Compare spreads, commissions, and total fees across top forex brokers.
Calculate Trading Fees
Select a currency pair and lot size to see broker fee comparison
Tips to Reduce Fees
- Choose ECN/Raw spread accounts for the lowest spreads
- Trade major pairs (EUR/USD, GBP/USD) for tighter spreads
- Avoid trading during low-liquidity hours (weekends, holidays)
- Compare total costs — not just spreads or commissions alone
- Use swap-free accounts for long-term positions
Understanding Forex Fees
What is a spread?
The spread is the difference between the buy (ask) and sell (bid) price of a currency pair. It is the primary trading cost and is measured in pips. Lower spreads mean lower costs.
What is a pip?
A pip (Percentage in Point) is the smallest standard price movement. For most pairs, it is the 4th decimal place (0.0001). For JPY pairs, it is the 2nd decimal (0.01).
What is commission?
Some brokers charge a fixed fee per lot traded (round-trip) instead of wider spreads. ECN/Raw accounts typically have lower spreads but charge commission.
What is a lot?
A standard lot = 100,000 units of base currency. Mini lot = 0.1 (10,000 units). Micro lot = 0.01 (1,000 units).