FX Fee Calculator

Stop guessing what your broker is really charging. Enter a currency pair and lot size to see a live side-by-side breakdown of spreads, commissions, and swap fees across leading forex brokers.

Calculate Trading Fees

Select a currency pair and lot size

LOT

Tips to Reduce Fees

  • 01Choose ECN/Raw spread accounts for the lowest spreads
  • 02Trade major pairs (EUR/USD, GBP/USD) for tighter spreads
  • 03Avoid trading during low-liquidity hours (weekends, holidays)
  • 04Compare total costs — not just spreads or commissions alone
  • 05Use swap-free accounts for long-term positions

Understanding Forex Fees

01

What is the spread and why does it matter?

The spread is the gap between the buy (ask) and sell (bid) price quoted by your broker. It represents your immediate cost on entry — a wider spread means a bigger hurdle before a trade becomes profitable.

02

What counts as "total trading cost" for a forex trade?

Total cost = spread cost + commission (if applicable) + overnight swap fee (if held past 5pm NY). This calculator shows all three so you can compare true costs, not just advertised spreads.

03

Why do some brokers show 0 pips spread?

Raw or ECN accounts route orders directly to liquidity providers, so spreads can drop near zero. However these accounts always charge a commission per lot — typically $3–7 round-trip — which is often more transparent than a marked-up spread.

04

How are swap fees calculated?

Swap (or rollover) is the interest differential between the two currencies in a pair, applied daily at market close. Long positions pay or earn depending on the rate differential; short positions are the opposite.