FOREXREVIEW.TOPCalculate Costs

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FOREXREVIEW RESEARCH LAB

True Trading Cost Calculator

Estimate the cost structure behind a forex or gold trade using your lot size, trading frequency and holding period. The calculator separates spread, commission and overnight financing, and labels the pricing basis so that a published minimum is not mistaken for an average.

Read the broker cost comparison guides for help interpreting the results. To examine platforms, account types and other terms alongside pricing, open the side-by-side broker comparison.

Central broker pricing recordsEUR/USD + GBP/USD + USD/JPY + XAU/USDOfficial-source pricingSource dates vary by broker

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Choose an instrument, account family and activity level. Results recalculate using a standardized 1-lot basis; minimum-only pricing is never treated as an average.
Used only to convert USD/JPY pip values into USD. You can replace it with the current market price shown on your trading platform.
How are overnight costs estimated?

Overnight costs are estimates using a constant per-lot daily swap for each average holding night and trade. Actual charges may differ on triple-swap rollover days and holidays, or under swap-free account conditions. This calculator does not model calendar-specific rollovers. If swap data is unavailable, the overnight total is not ranked.

“Minimum basis” uses a broker’s published “from” or minimum pricing and is deliberately excluded from the lowest-cost comparison. “Pending” means ForexReview has not found a sufficiently normalized public value yet.
Monthly volume20 lots
Lowest comparable estimateCalculated after loading

Current profile only · not a broker recommendation.

Comparable recordsUpdates after loading
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COMPARABLEMINIMUM BASISPENDING NORMALIZATION
0 broker(s) selectedSelect 2–4 brokers to compare side-by-side.
SelectBrokerPricing basisSpread costCommissionOvernightMonthly estimateStatusDetails
—AvaTradeSource check: 2026-10-29———Load calculatorMINIMUM BASISReview
—easyMarketsSource check: 2026-10-29———Load calculatorMINIMUM BASISReview
—ELEV8Source check: 2026-10-29———Load calculatorPENDINGReview
—ExnessSource check: 2026-10-29———Load calculatorPENDINGReview
—FBSSource check: 2026-10-29———Load calculatorPENDINGReview
—FirewoodFXSource check: 2026-10-29———Load calculatorMINIMUM BASISReview
—HeadwaySource check: 2026-10-29———Load calculatorPENDINGReview
—HFMSource check: 2026-10-29———Load calculatorMINIMUM BASISReview
—IC MarketsSource check: 2026-10-29———Load calculatorCOMPARABLE SOURCEReview
—InstaForexSource check: 2026-10-29———Load calculatorMINIMUM BASISReview
—RoboForexSource check: 2026-10-29———Load calculatorCOMPARABLE SOURCEReview
—TickmillSource check: 2026-10-29———Load calculatorCOMPARABLE SOURCEReview
—TMGMSource check: 2026-10-29———Load calculatorPENDINGReview
—ValetaxSource check: 2026-10-29———Load calculatorCOMPARABLE SOURCEReview
—XMSource check: 2026-10-29———Load calculatorPENDINGReview
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Explore Broker-vs-Broker Cost PagesFocused editorial comparisons built around the same cost methodology.
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Exness vs XMCompare account structures and the evidence needed for a fair cost estimate.View comparison → IC Markets vs TickmillCompare Raw account spreads, commission units and overnight-data assumptions.View comparison → XM vs HFMExamine XM account pricing and HFM Zero's minimum-plus-commission structure.View comparison → FBS vs ExnessCompare commission-free structures without substituting broad or historical spread claims.View comparison →
Why “from 0.0” is not rankedA minimum spread is a floor, not an average. Ranking a 0.0 minimum against another broker’s typical or average spread would make the comparison misleading.
Gold and JPY need different mathXAU/USD uses the broker’s stated contract size. USD/JPY uses 1,000 ÷ the reference USD/JPY price to estimate USD pip value per standard lot.
Overnight data is stricterIf a current swap value is not sufficiently public or varies by entity/eligibility, the calculator marks the estimate partial instead of assuming zero.

Data sources & normalization notes

View official broker sources and how pricing is normalized.Show sourcesHide sources

Pricing changes frequently. Each linked source is the broker’s own pricing, instrument, account or fee page used for this version. Current platform specifications remain the final reference.

Exness — Forex pricing Exness — GBP/USD Exness — USD/JPY Exness — XAU/USD HFM — EUR/USD specification HFM — GBP/USD specification HFM — USD/JPY specification HFM — XAU/USD specification Tickmill — EUR/USD Tickmill — GBP/USD Tickmill — USD/JPY Tickmill — XAU/USD IC — Forex spread table IC — Raw account commission RoboForex — contract specifications InstaForex — trading terms easyMarkets — spreads FirewoodFX — specifications FBS — trading conditions Headway — Pro account TMGM — account pricing Elev8 — spreads & conditions XM — trading conditions XM — metals AvaTrade — fees & charges
Explore broker-vs-broker cost pages Open focused comparisons such as IC Markets vs Tickmill, Exness vs Tickmill, and Exness vs IC Markets. Browse Compare Broker Costs →
Methodology note: this is a research and education tool, not investment advice and not a promise of executable pricing. Spreads can widen; swap rates can change daily; commissions and contract specifications can vary by entity, account, country and platform. Overnight estimates use the published daily swap reference multiplied by holding nights and do not model triple-swap calendar days or account-specific swap-free eligibility. “Comparable” refers only to the pricing basis used in this calculator, not to the quality, safety or suitability of a broker.