Trader Toolkit · Lab

Cost Lab

Spread, commission and swap, added up in the open.

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Spread and swap and fee:add them up before you agree.

One hypothetical trade

Result

Instrument

1 standard lot = 100,000 EUR

Position size

Account type

Spread

Classic publishes “from 2.5 pips”: a minimum. Type the spread you see.

Commission per lot

Classic publishes: none.

Commission charged

Account currency

Nights held

Zero for a trade closed the same day.

Swap per lot, per night

Not published by GIO4X. Empty = left out of the total. Take the rate from your platform; negative = a credit.

Back to inputs

Cost of this trade, incomplete

25.00 USD

on 1 lot of EUR/USD, held 1 nightThis total excludes swap: not published.

As a price move

2.5pips

the move that covers the known cost only (excludes swap: not published)

Spread: 25.00 USD; 100%
Commission: 0.00 USD; –
Swap: Not published · not in the total

The bar divides the charges into spread, commission and swap. Percentages are each component’s share of the charges. The swap has no figure, so it has no share and no place in the bar: an unknown cost is not a cost of zero.

The same trade on each account type

Built from each account’s published minimum spread and commission, not from the figures you may have overridden above. Real spreads are wider, so every figure here is a floor and the differences between accounts will not be exactly these.

Classic from 2.5 pips25.00 USDexcl. swap
Spread 25.00 + commission 0.00. Swap: not published, left out
Premium from 1.5 pips15.00 USDexcl. swap
Spread 15.00 + commission 0.00. Swap: not published, left out
ECN from 0.2 pips9.00 USD
Spread 2.00 + commission 7.00 + swap 0.00 (swap-free)

Cost of the same trade on Classic, Premium and ECN accounts, from published minimum spreads
Account	Spread from	Spread cost	Commission	Swap	Total
Classic (selected above)	2.5 pips	25.00	0.00	Not published	25.00 USDexcludes swap: not published
Premium	1.5 pips	15.00	0.00	Not published	15.00 USDexcludes swap: not published
ECN	0.2 pips	2.00	7.00	swap-free	9.00 USD

A total marked “excludes swap” is the spread and the commission only. The swap on that account is not published, so it is not in the figure; it is not zero.

SimulationA calculation on the figures you entered. Built from minimum published spreads: real spreads are wider. This is not a quote and not a comparison of which account to choose. Educational information, not investment advice or a recommendation to trade.

How it works

Formula

cost = spread cost + commission + (swap per night × nights)

With your numbers

1Value of one pip on one lot of EUR/USD0.0001 × 100,000 = 10.00 USD
2Spread cost (spread × pip value × lots)2.5 × 10.00 × 1 = 25.00 USD
3Commission (per lot × lots × two sides)0.00 × 1 × 2 = 0.00 USD
4Swap (per lot per night × lots × nights)Not published, and none was typed: left out of the total, not counted as zero.
5Total of what is known (excludes swap: not published)25.00 + 0.00 = 25.00 USD
6The known cost, as a price move25.00 ÷ (10.00 × 1) = 2.5 pips

Assumptions

The spread prefilled for each account is the minimum GIO4X publishes (“spread from”). It is a floor, not a typical figure: real spreads are wider and vary by instrument and by the minute, so the real cost is higher than the figure built from it.
Commission on the ECN account is $3.50 per lot, per side: charged on opening and again on closing, so the Lab starts on two sides. That basis is provisional and may change; the multiplier can be set to one side to see the difference.
Swap rates are not published on this site, so the swap field starts empty. While it is empty the swap is shown as “not published”, left out of the total and named beside it; it is not counted as zero. Type the rate shown on your platform to include it: a positive number is a charge, a negative number a credit. With no nights held there is no swap, and the ECN account is published as swap-free.
The spread is paid once, on entry, and is the same whether the trade then gains or loses.

Terms used

In plain language

Three costs, each charged in a different way.

The spread is the gap between the buying and the selling price. It is paid once, through the price, at the moment a position is opened. Commission is a separate, explicit charge per lot on accounts that offer raw spreads. Swap is the financing applied for each night a position stays open, and it can be a charge or a credit.

Which account is cheaper for a given trade depends on its size, how long it is held and, above all, on the spread actually quoted at the time. The published “spread from” figures are minimums. The comparison is therefore a floor for each account, not a prediction of what you would pay.

The useful habit is the last line of the working: turning the total into the number of pips the price must move in your favour before the trade has earned anything at all.

Continue

Fetching the page

Account

Spread from

Spread cost

Commission

Swap

Total

Classic

2.5 pips

25.00

0.00

Not published

25.00 USDexcludes swap: not published

Premium

1.5 pips

15.00

0.00

Not published

15.00 USDexcludes swap: not published

ECN

0.2 pips

2.00

7.00

swap-free

9.00 USD

How it works

Formula

cost = spread cost + commission + (swap per night × nights)

With your numbers

1Value of one pip on one lot of EUR/USD0.0001 × 100,000 = 10.00 USD

2Spread cost (spread × pip value × lots)2.5 × 10.00 × 1 = 25.00 USD

3Commission (per lot × lots × two sides)0.00 × 1 × 2 = 0.00 USD

4Swap (per lot per night × lots × nights)Not published, and none was typed: left out of the total, not counted as zero.

5Total of what is known (excludes swap: not published)25.00 + 0.00 = 25.00 USD

6The known cost, as a price move25.00 ÷ (10.00 × 1) = 2.5 pips

Assumptions

The spread prefilled for each account is the minimum GIO4X publishes (“spread from”). It is a floor, not a typical figure: real spreads are wider and vary by instrument and by the minute, so the real cost is higher than the figure built from it.

Commission on the ECN account is $3.50 per lot, per side: charged on opening and again on closing, so the Lab starts on two sides. That basis is provisional and may change; the multiplier can be set to one side to see the difference.

Swap rates are not published on this site, so the swap field starts empty. While it is empty the swap is shown as “not published”, left out of the total and named beside it; it is not counted as zero. Type the rate shown on your platform to include it: a positive number is a charge, a negative number a credit. With no nights held there is no swap, and the ECN account is published as swap-free.

The spread is paid once, on entry, and is the same whether the trade then gains or loses.

Terms used