Forex Broker Fee Comparison: Find Low Spreads for 2026!

At CompareForexBrokers, we understand the importance of managing trading costs effectively. That’s why we’ve developed the Broker Fee Comparison Calculator, a tool designed to provide a clear and detailed overview of trading expenses across different brokers and account types.

Our Broker Fee Comparison Calculator simplifies the understanding of trading expenses by offering a detailed overview of fees associated with different brokers and account types. It covers total fees, spreads, and any applicable commission fees, enabling a comprehensive comparison across various trading scenarios.

This tool can help you budget, develop trading strategies, and find an online broker that best suits your needs.

Broker Fee Comparison Tool

Every broker’s spread cost, commission and total for one trade, ranked cheapest first. Change the pair, account currency or trade size and the table recalculates.

Broker Fee Comparison Calculator

What one trade costs at 42 brokers, ranked from cheapest, on the spreads and commissions published on this site

Fees as published on this site, updated 14 August 2026

At 1.00 lot on EUR/USD in a USD account, the three cheapest of the 25 brokers are Tickmill (US$3.00), StoneX Trading (US$3.20) and Fusion Markets (US$3.40), on the spreads and commissions published on this site.

Brokers ranked by the published cost of one trade for the inputs above.
#	Broker	Account	Spread cost	Commission	Total per trade
1	TickmillLowest total	Raw Account	US$1.00	US$2.00	US$3.00
2	StoneX Trading	Raw Account	US$0.70	US$2.50	US$3.20
3	Fusion Markets	Raw Account	US$1.10	US$2.30	US$3.40
4	IC Markets	Raw Account	US$0.10	US$3.50	US$3.60
5	ThinkMarkets	Raw Account	US$0.40	US$3.50	US$3.90
6	FP Markets	Raw Account	US$1.00	US$3.00	US$4.00
7	Admirals	Raw Account	US$1.00	US$3.00	US$4.00
8	Eightcap	Raw Account	US$0.60	US$3.50	US$4.10
9	Blackbull Markets	Raw Account	US$2.30	US$2.00	US$4.30
10	BlueBerry Markets	Raw Account	US$1.00	US$3.50	US$4.50
11	Pepperstone	Raw Account	US$1.00	US$3.50	US$4.50
12	Go Markets	Raw Account	US$2.00	US$2.50	US$4.50
13	TMGM	Raw Account	US$1.00	US$3.50	US$4.50
14	HYCM	Raw Account	US$1.00	US$4.00	US$5.00
15	FXTM	Raw Account	US$1.00	US$4.00	US$5.00
16	Markets.com	Standard Account	US$6.00	none	US$6.00
17	FxPro	Raw Account	US$3.20	US$3.50	US$6.70
18	FXCM	Raw Account	US$3.00	US$4.00	US$7.00
19	CMC Markets	Raw Account	US$5.00	US$2.50	US$7.50
20	IG	Raw Account	US$1.60	US$6.00	US$7.60
21	Forex.com	Standard Account	US$8.00	none	US$8.00
22	Avatrade	Standard Account	US$9.00	none	US$9.00
23	Axi	Raw Account	US$9.10	US$3.50	US$12.60
24	OANDA	Standard Account	US$14.00	none	US$14.00
25	Plus500	Standard Account	US$17.00	none	US$17.00
* Commission published in USD or EUR; GBP figure at the recorded August 2026 conversion.

17 brokers not ranked · insufficient comparable data

No published EUR/USD figure in USD:XM, Saxo Capital Markets, Interactive Brokers, Exness, XTB, easyMarkets, Global Prime, eToro, Tradersway, TD Ameritrade, Trading 212, Kot4x, Fondex, Hugos way, HF Markets, Swissquote, OctaFx

Spread cost and commission per standard lot for one trade, as published on this site's broker fee comparison (updated 14 August 2026), scaled by your trade size. Figures are the brokers' published account terms recorded by our team, not a live capture.

This calculator uses no exchange rate: spread costs and commissions are the brokers' published account terms, recorded by the CompareForexBrokers team in each account currency, as published on our fee comparison, updated August 14, 2026.

The cheapest raw accounts on one standard lot of EUR/USD

Ordered by the total cost of one standard lot of EUR/USD on each broker’s raw account, cheapest first: the advertised EUR/USD spread in pips multiplied by US$10, the value of one pip on one standard lot, plus the published round-turn commission per 100,000 units. A broker whose record carries no advertised raw EUR/USD spread is not ranked here, because an absent figure is not a wide one.

Fusion Markets - US$4.80 on one standard lot, from 0.03 pips and US$4.50 commission
RoboForex - US$5.55 on one standard lot, from 0.1 pips and US$4.55 commission
Admiral Markets - US$6.00 on one standard lot, from 0 pips and US$6.00 commission
BlackBull Markets - US$6.00 on one standard lot, from 0 pips and US$6.00 commission
GO Markets - US$6.00 on one standard lot, from 0.1 pips and US$5.00 commission
HFM - US$6.00 on one standard lot, from 0 pips and US$6.00 commission
VantageFX - US$6.80 on one standard lot, from 0.18 pips and US$5.00 commission
Axi - US$7.00 on one standard lot, from 0 pips and US$7.00 commission
Eightcap - US$7.00 on one standard lot, from 0 pips and US$7.00 commission
FP Markets - US$7.00 on one standard lot, from 0.1 pips and US$6.00 commission

Computed from src/data/com-brokers.json on 2026-09-28, over the 32 brokers whose records carry both figures. Change the pair, the account currency or the trade size in the calculator above and it recalculates on its own dataset; this list is the fixed EUR/USD case the ordering rule is stated for. Every figure in this list is advertised, the broker’s own published pricing, and none of them is tested; where this site shows a tested figure it is our own measurement, carried over from global testing.

How to Use the Forex Calculator

To accurately assess your trading costs using our calculator, simply follow the steps below. The interface is designed for ease of use, featuring dropdown menus and input fields that allow for quick adjustments.

Select the Currency Pair: Choose the pair you intend to trade. The calculator supports major currency pairs such as the EUR/USD and AUD/USD.
Set Your Base Currency: Indicate the currency of your trading account to calculate the costs in the correct currency. Whether you’re trading from an account in GBP, USD, EUR, or AUD, our calculator adjusts the trading fees accordingly.
Enter Trade Size in Lots: Specify your trade size. Since fees vary with the size of the trade, this helps in estimating the precise costs for your planned trade volume. Our calculator accommodates various lot sizes, from micro (0.01) to standard lots, allowing you to gauge the fees across different trade volumes.
Read the Ranked Table: every broker’s spread cost, commission and total for that trade, cheapest first, so any two brokers can be compared side by side.

The table recalculates as you change the inputs, so there is nothing to submit.

What the Broker Fee Calculator Reveals

Upon inputting the above variables, the calculator processes the information to present a detailed breakdown of the fees associated with your specified trade.

Here’s what it calculates:

Total Trading Costs: An aggregate of the trading fees, giving you a clear picture of what you can expect to pay for different account types, regardless of whether they are structured as commission or commission-free spreads, making it easier to compare brokers and account types with different pricing structures.
Forex Spread: The spread is the difference between the bid and ask price of the currency pair. Our calculator shows the spread cost for different brokers and account types based on your chosen pair and trade size, highlighting its impact on your trading expenses.
Commission Fees: Raw spread trading accounts incur roundturn commission fees. This fee is calculated based on the trade size and the currency pair. Our tool outlines the commission costs, enabling you to factor this into your trading strategy.

Leveraging the Calculator for Smarter Trading

By providing a transparent view of the costs associated with forex trading, our Broker Fee Comparison Calculator empowers you to make informed decisions. Here’s how you can use it to your advantage:

Cost Management: Understanding the fees upfront helps you manage your trading budget more effectively, ensuring that you’re not caught off guard by unexpected costs.
Trade Planning: Estimating trade costs helps tailor your strategy, selecting currency pairs and sizes that meet your financial objectives and risk tolerance.
Understand Forex Account Types: Directly compare different brokers and accounts, understanding their pricing structures.
Comparative Analysis: Explore detailed information about various brokers, including those offering the lowest spreads, best CFD trading platforms, and top choices for beginners.

Other Forex Calculators

Explore our suite of forex calculators designed to enhance your trading strategy and financial planning. From calculating potential profits and managing lot sizes to understanding the impact of spreads and trading costs, our tools offer the insights you need for informed decision-making.

Broker Fee Comparison Calculator is one part of a wider comparison: see Cheapest Forex Brokers by Commission.

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FAQs

Which broker has lowest brokerage charges?

Fusion Markets and Pepperstone are recognised as some of the Lowest Commission Brokers with tight spreads in the industry, making them highly competitive options for traders looking to minimise trading costs. Eightcap is also noteworthy, especially highlighted in the lowest spreads category, offering competitive pricing structures that cater to various trading styles and preferences. These brokers exemplify how competitive pricing can coexist with quality service in the forex market.

How much do brokers charge per trade?

Broker charges per trade can vary significantly depending on the account type, trading platform, and whether the broker operates on a commission-based or spread-only model. Typically, commissions can range from USD 2.50-5 per standard lot per side, to zero commission on accounts where brokers profit by widening their spreads.

Which broker has zero commission?

While zero commission accounts may seem appealing, they don’t always result in lower overall trading costs, mainly because of potentially wider spreads. Brokers like Plus500 offer zero commission trading (other fees apply), relying on the spread between buy and sell prices as their main revenue source. Consequently, their spreads can be wider compared to brokers that charge commissions. On the other hand, brokers such as Pepperstone and IC Markets provide both commission-based accounts with tighter spreads and zero commission accounts with wider spreads. This dual offering caters to different trader preferences, allowing for a choice between predictable costs via commissions or simplicity and upfront cost-saving with zero commission accounts. Traders should evaluate all associated costs using our broker fee comparison tool above to determine the true cost-effectiveness of a zero commission trading account.

Which broker is the best for forex?

Selecting the best forex broker depends on factors like Lowest Spread Forex Brokers, fast execution speeds, diverse CFD offerings, regulatory compliance, and quality customer support. Pepperstone is often considered one of the best brokers globally, renowned for its low spreads and quick execution, offering platforms like MT4, MT5, and cTrader, suitable for various trading styles. IC Markets also excels with low commission rates and tight spreads, while EightCap offers competitive spreads and a user-friendly experience, appealing to both beginner and experienced traders.

About the author

Justin Grossbard

Justin Grossbard is the Co-Founder and CEO of CompareForexBrokers, which he established with Noam Korbl in 2014. He has over 20 years of professional experience in online marketing and holds a Master's in Marketing from Monash University.

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