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Costs & Fees

What is Commission?

Commission is a per-lot fee charged on ECN and raw-spread accounts, replacing the wider spread of standard accounts.

On an ECN or raw-spread account, the broker shows you near-interbank spreads but charges a separate commission for routing the trade. Typical commissions are $3 to $7 per standard lot per side, or $6 to $14 round-trip — about 0.3 to 0.7 pips of equivalent cost on a major pair.

Commission-based accounts are usually the cheapest option for traders placing more than a few trades per day. Standard accounts with wider spreads but no commission can be cheaper for very low-frequency traders or holders of short-term positions on less-liquid pairs.

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