Tool
Trading Cost Calculator
Compare the total cost of trading across all EU-regulated brokers. Enter your monthly volume and see exactly how much you would pay in spreads and commissions with each broker.
Calculator Settings
Pip value: $10 per standard lot
You could save up to $1,766/year
by choosing the cheapest broker vs the average cost across all brokers.
| # | Broker | Spread Cost | Commission | Total Monthly | Total Annual |
|---|---|---|---|---|---|
| 1 | XTBCheapest | $20 | $0 | $20 | $240 |
| 2 | Interactive Brokers | $20 | $0 | $20 | $240 |
| 3 | XM | $120 | $0 | $120 | $1,440 |
| 4 | IG | $120 | $0 | $120 | $1,440 |
| 5 | OANDA | $120 | $0 | $120 | $1,440 |
| 6 | Tickmill | $0 | $120 | $120 | $1,440 |
| 7 | Admirals | $0 | $120 | $120 | $1,440 |
| 8 | Capital.com | $120 | $0 | $120 | $1,440 |
| 9 | Vantage Markets | $0 | $120 | $120 | $1,440 |
| 10 | Pepperstone | $0 | $140 | $140 | $1,680 |
| 11 | CMC Markets | $140 | $0 | $140 | $1,680 |
| 12 | Exness | $0 | $140 | $140 | $1,680 |
| 13 | FxPro | $0 | $140 | $140 | $1,680 |
| 14 | Axi | $0 | $140 | $140 | $1,680 |
| 15 | Eightcap | $0 | $140 | $140 | $1,680 |
| 16 | IC Markets | $0 | $140 | $140 | $1,680 |
| 17 | Saxo Bank | $160 | $0 | $160 | $1,920 |
| 18 | Plus500 | $160 | $0 | $160 | $1,920 |
| 19 | Trading 212 | $180 | $0 | $180 | $2,160 |
| 20 | AvaTrade | $180 | $0 | $180 | $2,160 |
| 21 | eToro | $200 | $0 | $200 | $2,400 |
| 22 | Forex.com | $0 | $200 | $200 | $2,400 |
| 23 | ThinkMarkets | $80 | $140 | $220 | $2,640 |
| 24 | Swissquote | $260 | $0 | $260 | $3,120 |
| 25 | FXCM | $260 | $0 | $260 | $3,120 |
| 26 | BlackBull Markets | $160 | $120 | $280 | $3,360 |
| 27 | RoboForex | $260 | $80 | $340 | $4,080 |
| 28 | FXTM | $300 | $80 | $380 | $4,560 |
Costs are estimates based on EUR/USD pip value of $10 per standard lot. Actual spreads vary by market conditions. Raw/Razor accounts include commission; Standard accounts have costs embedded in wider spreads. Always verify current pricing on the broker's website.
Understanding Trading Costs
Every forex trade incurs costs, primarily through spreads and commissions. The spread is the difference between the bid and ask price, while commissions are fixed fees charged per lot on Raw/ECN-style accounts.
Standard accounts typically have zero commission but wider spreads. Raw accounts offer tighter spreads but charge a per-lot commission. Depending on your trading volume, one model may be significantly cheaper than the other.
How This Calculator Works
The calculator uses each broker's published EUR/USD spread and commission rates. For each broker, we multiply the spread (in pips) by the pip value ($10 per standard lot) by your monthly lot volume. Commissions are added on top for Raw/ECN accounts.
Results are sorted from cheapest to most expensive, making it easy to see which broker offers the best value for your trading style and volume.