Free Online Forex Commission Calculator, Per Lot, Round Turn & Total
Add up commission properly. Enter the rate per lot and your trade size, and see the charge on entry, on exit and for the round turn together. Per side and round turn quotes look almost identical and differ by double, so both are shown side by side.
This calculator provides mathematical estimates only and is not financial or investment advice. Everything is worked out locally in your browser from the values you enter.
Broker commission assumptions
💳 Commission calculator
Entry, exit and total from your model.
Pick the commission model and enter the rate and position at the top of the app. This tab shows the entry, exit and total commission using only the model you chose.
💵 Commission per lot
One rate across your total lots.
One rate across your total lots. Use the "charged" switch above to say whether it is one-way or round-trip.
↔️ Commission per side
Charged on entry and on exit.
Charged on entry and exit, so the rate is multiplied by the number of sides.
🔄 Round-trip commission
One rate for the whole trade.
The entered rate already covers the whole trade, so it is charged once on your lots and never doubled.
📊 Percentage commission
A percent of the notional value.
A percent of the notional value (units × price). Set the commission % and entry price at the top of the app.
💳 Fixed commission
A flat fee per trade.
A flat entry and exit fee per trade, independent of position size.
📉 Commission + spread
Commission alongside spread cost.
Commission alongside the spread cost, so you can see the two together.
🌙 Commission + swap
Commission alongside overnight swap.
Commission alongside the overnight swap. A positive swap is a credit and reduces the total.
💸 Net trading cost
Gross P&L less every cost.
Gross P&L less every cost. Commission comes from the model above; enter the rest here.
⚖️ Commission model comparison
Every model on one position.
Every commission model on the same position, using the rate, price and percentage you entered where each applies. A round-trip figure is never doubled.
| Model | Rate used | Total commission | Per lot |
|---|
📈 Scenario analysis
Commission across position sizes.
Entry, exit and total commission across a range of lot sizes, using your current model and rate.
| Lots | Entry | Exit | Total |
|---|
📋 Multiple trades
Several trades and their total.
Pick the trade sizes you are running in this pair. Each uses the current model and rate, and the commission is totalled across them.
| Trade | Lots | Commission |
|---|
📝 Trade summary
Everything on one card.
Everything for the current pair, model, rate and position on one card.
| When | Calculator | Result | Actions |
|---|
Number formatting
Rounding only changes what you see; the arithmetic keeps full precision.
Appearance
History
Your data
Settings, history, saved setups and any custom pairs are stored only in this browser. Nothing is uploaded, and this tool has no field for a trading login, a broker password or an API key. Never type one into any calculator.
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How to Calculate Forex Commission
Five steps, and the first one decides the rest.
Per lot, per side, round-trip, percentage, per unit or fixed. The model decides the whole calculation, so choosing the one your broker uses is the most important step.
The rate field is labelled for the model you chose, and the position is given in lots or units. Contract size is a field, not an assumption.
For a per-side rate, say whether the trade is one-way or round-trip. A round-trip rate already covers both sides and is never doubled, and the tool keeps the two apart.
If your broker floors or caps commission, enter those under broker assumptions. They are applied only when entered, and the calculated figure is shown beside the applied one.
The total commission is the headline; entry and exit are shown separately, and commission in pips tells you the break-even move it represents.
The Same Trade, Six Commission Models
One standard lot of EUR/USD at 1.10, a $3.50 base rate.
| Model | Total on 1 lot |
|---|---|
| Per lot (one-way) | $3.50 |
| Per side (×2) | $7.00 entry $3.50 + exit $3.50 |
| Round-trip $7 rate | $7.00 charged once, not doubled |
| Percentage 0.0035% / side | ~$7.70 of a $110,000 notional |
| Per unit $0.00003 / side | $6.00 |
| Fixed $2 + $2 | $4.00 |
The same position runs to very different totals depending on the model. The two traps are doubling a round-trip rate, which already covers entry and exit, and forgetting to multiply a per-side rate by two. This calculator runs each model on its own path, so the number matches your statement rather than an assumption.
Raw Spread or Commission-Free? Compare Them in Pips
One standard lot of EUR/USD, where a pip is $10 and the raw account quotes an assumed 0.1 pip spread.
| Commission a side | Round trip | That is, in pips | Raw account, all in | Standard is cheaper below |
|---|---|---|---|---|
| 2.00 | 4.00 | 0.40 pips | 5.00 | 0.50 pips of spread |
| 3.50 | 7.00 | 0.70 pips | 8.00 | 0.80 pips of spread |
| 5.00 | 10.00 | 1.00 pips | 11.00 | 1.10 pips of spread |
| 7.00 | 14.00 | 1.40 pips | 15.00 | 1.50 pips of spread |
The last column is the whole comparison in one number. At
3.50 a side, the raw account costs
8.00 for the round trip, which is the same as a
commission-free account quoting 0.80 pips. If
the standard account you are comparing quotes wider than that, raw is cheaper. If it quotes tighter, the
standard account is. There is no third answer, and no account type is better in general.
The reason this is worth doing rather than guessing is that the two costs are advertised in different
units, and a commission in dollars per lot feels unrelated to a spread in pips until you divide it by the
pip value. Once both are pips, the marketing disappears and you are comparing two numbers.
Three things this leaves out on purpose. Commission scales exactly with position size while the
spread does too, so the comparison holds at any lot size, but only if you compare like with like. Swap is
charged on both account types and does not enter this at all. And a raw spread of
0.1 pips is an assumption for the sake of the example:
real spreads move with liquidity, widen around news and differ by broker, so put your own figures into the
calculator above rather than trusting any table, including this one.
The Formulas, With Worked Numbers
Mostly a $3.50 rate on one standard lot.
| What | Formula | Worked example |
|---|---|---|
| Position units | Units = Lots × Contract size | 1.00 × 100,000 = 100,000 units |
| Per-lot commission | Commission = Rate per lot × Lots | $3.50 × 2 = $7.00 |
| Per-side commission | Commission = Rate × Lots × Sides | $3.50 × 2 × 2 = $14.00 |
| Round-trip commission | Commission = Round-trip rate × Lots | $7.00 × 2 = $14.00 (not ×2 again) |
| Percentage commission | Commission = Units × Price × % × Sides | 100,000 × 1.10 × 0.0035% × 2 = $7.70 |
| Per-unit commission | Commission = Units × Rate per unit × Sides | 100,000 × $0.00003 × 2 = $6.00 |
| Fixed commission | Commission = (Entry + Exit) × Trades | ($2 + $2) × 1 = $4.00 |
| Minimum applied | Applied = MAX(Calculated, Minimum) | MAX($1.20, $2.00) = $2.00 |
| Maximum applied | Applied = MIN(Applied, Maximum) | MIN($9.00, $8.00) = $8.00 |
| Effective commission % | Effective % = Commission ÷ Notional × 100 | $7 ÷ $110,000 × 100 = 0.0064% |
| Commission in pips | Commission pips = Commission ÷ Pip value | $7 ÷ $10 = 0.70 pips |
| Total trading cost | Total = Spread + Commission + Swap + Other | $12 + $7 + $3 + $0 = $22.00 |
| Net P&L after cost | Net = Gross − Commission − Spread − Swap − Other | 500 − 7 − 12 − 3 = $478 |
Things Worth Knowing
The assumptions behind every number on this page.
What This Calculator Does
And, just as importantly, what it refuses to assume.
Per lot, per side, round-trip, percentage, per unit and fixed, each with its own formula, so the total matches your broker rather than a guess.
A round-trip rate is charged once; a per-side rate is multiplied by two. The most common commission mistake is designed out.
Broker floors and caps are applied only when you enter them, with the calculated figure shown beside the applied one.
Fold commission together with spread and swap for a total trading cost and a net P&L, with credits handled correctly.
Commission by lot size, a model comparison on one position, and a running total across several trades.
No account, no upload. Settings, history and saved setups live in this browser and nowhere else.
About the Forex Commission Calculator
Commission is the cost that a tight spread hides. On a raw- or ECN-style account the spread can be a fraction of a pip, and the broker earns instead through a commission charged on each trade. For anyone comparing account types, or trading often enough that the fees add up, knowing exactly what that commission comes to matters more than the headline spread.
The trouble is that brokers quote commission in several different ways, and they are easy to confuse. A rate can be per lot or per unit, charged per side or as a single round-trip figure, set as a percentage of the trade value, or applied as a flat fee. The same position runs to very different totals depending on which of those it is.
This calculator runs each model on its own path. A per-side rate is multiplied by two sides; a round-trip rate is charged once and never doubled; a percentage is taken from the notional value, which is units times price and therefore large. Getting these straight is the whole point, because doubling a round-trip figure, or forgetting to multiply a per-side one, is the most common commission error there is.
It also handles the details brokers actually apply. A minimum commission floors the charge on small trades; a maximum can cap it on large ones. Both are applied only when you enter them, with the calculated figure shown beside the applied one, so you can see the moment a floor or a cap changes the number. Where commission is quoted in another currency, it asks for a conversion rate rather than inventing one.
From that one figure the rest follows. Commission per lot, effective commission as a percentage of notional, and commission expressed in pips, which is the break-even move it represents. Then the wider picture: commission alongside spread and swap, a total trading cost, a net P&L after everything, a comparison of every model on the same position, and a running total across several trades.
What the tool does not do is assume a broker's structure, recommend an account type, or treat a break-even figure as a target. It works out what your numbers come to under the model you chose, shows entry and exit separately, and shows its working.
Frequently Asked Questions
The questions that come up most often about forex commission.
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