Forex Trading Cost Index
Trading Cost Index: $9 (median, per lot round turn). On standard accounts alone the median is $14; raw-spread accounts with commission come to $9 all-in.
The cost of one round-turn standard lot (100,000 units) of EUR/USD on each broker's cheapest account: spread at $10 per pip, plus any commission. The median across brokers is the Broker Atlas Trading Cost Index.
- Trading Cost Index
- $9
- median, per lot round turn
- Cheapest
- ThreeTrader $4
- Standard account, median
- $14
- Raw account all-in, median
- $9
Key findings
- On standard accounts alone the median is $14; raw-spread accounts with commission come to $9 all-in.
- The cheapest quarter of brokers cost $7.2 or less per lot; the dearest quarter $11 or more.
- Median USD/JPY standard-account spread: 1.5 pips (12 brokers).
Charts
ThreeTrader$4
XM$6
Exness$6
HFM$6
XS.com$7
Vantage$7.3
AMarkets$8
Octa$9
Titan FX$9
easyMarkets$9
AXIORY$9
FXGT$11
M4Markets$11
iFOREX$11
MYFX Markets$11.1
SwiftTrader$12.3
IS6FX$16
IronFX$18
BigBoss$19
Cost data by broker
| Broker | Standard spread (pips) | Standard cost ($/lot) | Raw spread (pips) | Commission ($/lot RT) | Raw all-in ($/lot) | Cheapest ($/lot) | USD/JPY (pips) |
|---|---|---|---|---|---|---|---|
| 0.5 | $5 | 0 | $4 | $4 | $4 | 0.6 | |
| 1.6 | $16 | — | — | — | $6 | 1.5 | |
| 0.8 | $8 | 0.2 | $7 | $9 | $6 | 1 | |
| 1.4 | $14 | 0 | $6 | $6 | $6 | 2.7 | |
| 1.1 | $11 | 0.1 | $6 | $7 | $7 | — | |
| 1.4 | $14 | 0.1 | $6 | $7.3 | $7.3 | 1.4 | |
| 1.7 | $17 | 0.3 | $5 | $8 | $8 | — | |
| 0.9 | $9 | — | — | — | $9 | — | |
| 1.2 | $12 | 0.2 | $7 | $9 | $9 | 1.3 | |
| 0.9 | $9 | — | — | — | $9 | — | |
| 1.3 | $13 | 0.3 | $6 | $9 | $9 | 1.4 | |
| 1.9 | $19 | 0.5 | $6 | $11 | $11 | 2 | |
| 1.6 | $16 | 0.4 | $7 | $11 | $11 | 2.3 | |
| 1.1 | $11 | — | — | — | $11 | — | |
| 1.2 | $12.4 | 0.4 | $6.65 | $11.1 | $11.1 | 1.1 | |
| 1.5 | $14.7 | 0.6 | $6 | $12.3 | $12.3 | 1.9 | |
| 1.6 | $16 | — | $8 | — | $16 | 1.6 | |
| 1.8 | $18 | — | $12 | — | $18 | — | |
| 1.9 | $19 | — | $9 | — | $19 | — | |
| 0.6 minimum | — | — | $2 | — | — | — | |
| 0.7 minimum | — | — | $4.5 | — | — | — | |
| 0.9 minimum | — | — | $6 | — | — | — | |
| 1 minimum | — | — | $5 | — | — | — | |
| 1.1 minimum | — | — | $6 | — | — | — | |
| 1.1 minimum | — | — | — | — | — | — | |
| 1.5 minimum | — | — | $6 | — | — | — | |
| — | — | — | — | — | — | — |
How we calculate this
Spreads are averages published by the broker or typical averages reported by comparison sites and spread surveys. Brokers that publish only minimums ("from 0.0 pips") are left out of the index. Live spreads vary with the time of day and the market.
Cite this data
You are free to use the data on this page in articles, research and social posts, as long as you credit Broker Atlas with a link to this page (CC BY 4.0).
Broker Atlas (2026). Forex Trading Cost Index. Data as of 4 November 2026. https://brokeratlas.io/en/data/trading-cost-index/<a href="https://brokeratlas.io/en/data/trading-cost-index/">Forex Trading Cost Index – Broker Atlas</a>Frequently asked questions
What is the Forex Trading Cost Index?
The cost of one round-turn standard lot (100,000 units) of EUR/USD on each broker's cheapest account: spread at $10 per pip, plus any commission. The median across brokers is the Broker Atlas Trading Cost Index. 19 of 27 brokers have a figure for EUR/USD costs.
What is the trading cost index?
$9 (median, per lot round turn), as of 4 November 2026. The cheapest quarter of brokers cost $7.2 or less per lot; the dearest quarter $11 or more.
How often is this data updated?
It is recalculated automatically whenever a broker figure changes. The current figures are as of 4 November 2026.
Can I use this data in my article?
Yes. You may quote or republish it freely as long as you credit Broker Atlas with a link to this page (CC BY 4.0). The full table is also available as a CSV file.
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