What does a trade really cost you?
Type in the spread, commission and overnight swap your broker publishes. The board shows what one trade takes out of your account, and how far price has to move before you are even.
Pair
EUR/USDSell (bid)
1.08420Buy (ask)
1.08430- Spread
- $10.00
- Commission
- $0.00
- Overnight swap
- $0.00
- Total cost
- Move needed to break even
- 1.0 pips
Example price, not a live quote. Amounts in US dollars for a USD account.
Calculators
Five calculators, each answering one question you should settle before you trade.
- Trade Cost CalculatorWhat does this trade cost me, and how far must it move to break even?Open
- Pip Value CalculatorWhat is one pip worth on this position?Open
- Margin CalculatorHow much of my balance will this position tie up?Open
- Position Size CalculatorHow big can the trade be if I only want to risk a set share of my account?Open
- Lot / Unit ConverterHow many standard, mini or micro lots is this many units?Open
Most-searched terms
597 termsThe definitions readers look up most, in plain language.
Start with costs and safety
59 guidesHow a broker charges you, where your money sits, and how to check a licence yourself.
- Spreads, Commissions and the Real Cost of a Trade
Spread, commission and swap are the three costs on every forex trade — what each one is, when spreads widen, and how to compare pricing fairly.
- Swap and Overnight Financing Explained
Where the overnight charge comes from, why one side of a pair can pay while the other is charged, and how a three-day rollover changes the arithmetic.
- How to Choose a Regulated Forex Broker
A practical checklist for vetting a forex or CFD broker — from verifying a real license to checking segregated funds, negative balance protection, and real trading costs.
- Position Sizing and Risk Per Trade
How a risk percentage converts into a lot size, why a wider stop means a smaller position, and how correlated trades quietly multiply exposure.
- What Is Leverage and How Margin Works
A clear walkthrough of leverage and margin in forex trading — how they amplify gains and losses, what triggers a margin call, and why regulators cap retail leverage.
- How to Read a Regulator's Public Register
Every credible authority publishes a searchable register of licensed firms. What an entry contains, which fields decide whether it covers you, and the traps.
How we review brokers
We check every licence on the regulator's own public register and print the register link and the date we checked. Spreads, commissions and leverage come from the broker's own published documents. A figure we cannot confirm says so; we never fill it in.
Read how we reviewHow we earn
Some broker links may pay us a commission. They are marked, they never decide what we write or how a broker is rated, and we show no broker promotions to readers in the UK.
Read the affiliate disclosureRisk warning. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Read the full risk disclosure