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The Real Cost of a Trade
2:19 · 7 chapters · Forex basics, part 12
What you'll learn
What a forex trade really costs: spread, commission and swap, added up on one example lot.
Go further with our written guide on this topic, browse all the free Learn Forex lessons, or check today's market in our forex news.
- Key point 1
- The spread: ask minus bid, paid when you open
- Key point 2
- Standard vs raw/ECN accounts: compare spread plus commission
- Key point 3
- Overnight swap: based on the interest rate gap, cost or credit
- Key point 4
- Many brokers charge triple swap on Wednesday
- Key point 5
- Example: $10 spread + $7 commission + $12 swap = $29 on one lot
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
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The video is presented by an animated host with a computer-generated voice; the research and checks are by the FX Recap team. Risk warning: forex and CFD trading carries a high risk of losing money because of leverage, and most retail accounts lose money. This is education and review, not financial advice. FX Recap may earn a commission from some broker links; see our affiliate disclosure.