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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Cost comparison

Forex broker cost comparison 2026

Compare all broker costs side by side: spreads, commission per lot, overnight swap rates, deposit fees, and withdrawal fees. Click any column header to sort.

Updated July 2026 · Data from broker disclosures and live account testing
Account type:
Low cost Average High / fee applies
Broker EUR/USD spread avg Commission / lot EUR/USD swap long EUR/USD swap short Min deposit ($) Withdrawal fee Inactivity fee / mo Open account
Spreads shown are averages from ECN/Raw accounts during London session. Standard accounts have wider spreads but zero commission. All swap values are per standard lot (100,000 units) per night. Data sourced from broker disclosures and live account testing — verify current rates before trading.
Questions about broker costs
What is the total cost of a trade?

Total cost = spread + commission (if any) + overnight swap (if position held beyond rollover). On an ECN account: a 0.0-pip spread + $3.50/side commission on EUR/USD costs roughly $7 round-trip per standard lot. A Standard account with a 1.0-pip spread and no commission costs roughly $10 round-trip.

When do I pay the swap fee?

Swap fees (also called overnight or rollover fees) apply when you hold a position past the daily rollover time — usually 17:00 New York time. On Wednesdays the swap is tripled to account for the weekend. If you close before rollover, you pay no swap.

Is an ECN account always cheaper?

For high-volume traders: usually yes. ECN accounts have near-zero raw spreads but charge a fixed commission per lot — typically $3.00-$3.50 per side. At 1+ lots per day, the commission is often lower than a Standard account's wider spread. For beginners trading small sizes, a Standard account with no commission can be simpler.

What is an Islamic (swap-free) account?

An Islamic account removes overnight swap charges to comply with Sharia finance principles. Instead, brokers typically charge an admin fee after a set number of swap-free days, or widen the spread. Available from IC Markets, Pepperstone, XM, and FP Markets — confirm current terms directly with the broker.