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Commission vs Spread Calculator

"Zero commission" is a marketing label โ€” not a price. Compare spread-only accounts against raw spread + commission accounts side-by-side. Find your exact break-even volume.

Your Trading Inputs

Enter your setup โ€” the calculator compares 4 brokers across both account types instantly.

Verdict for your setup
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Side-by-Side Comparison

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Your Break-Even Volume

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Recommendation

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All 8 Account Variants Ranked

Sorted by total cost for your inputs โ€” cheapest first.

Rank Broker / Account Effective $/Lot Monthly Cost Projected Cost

Exness: Both Account Types, Your Choice

Open Standard for low volume or Raw for scalping โ€” switch anytime under one profile.

Open Exness Account →

Understanding the Two Account Models

Every broker offers one or both of these โ€” knowing which one fits your volume saves you thousands per year.

Zero Commission (Standard)

No per-trade fee. Broker earns through wider spreads (typically 0.8-1.6 pips on EUR/USD). Best for beginners, position traders, and low volume. Simple pricing โ€” one number to watch.

Typical cost: $10-$16 per lot on majors.

Raw Spread + Commission

Interbank spreads (0.0-0.2 pips on EUR/USD) plus a fixed commission ($6-$7 round-trip per lot). Best for scalpers, algo traders, high volume. Tighter execution, no dealing desk.

Typical cost: $7-$9 per lot on majors.

Frequently Asked Questions

Is a "no commission" account really cheaper?

Only if you trade low volume. Zero commission brokers recover their revenue through wider spreads, so the per-lot cost is roughly $10-$16 vs $7-$9 for raw + commission accounts. Below 10-20 lots/month, Standard (zero commission) usually wins. Above that, Raw always wins.

What is break-even volume?

The exact monthly trading volume where raw spread + commission equals zero commission standard. Below this volume, choose Standard. Above, choose Raw. For most brokers, break-even on EUR/USD is between 5 and 15 lots/month โ€” the calculator above shows yours exactly.

Which is better: Exness Standard or Exness Raw?

Exness Standard costs about $7 per lot on EUR/USD (0.7 pips, no commission). Exness Raw costs about $8 per lot (0.1 pip + $7 commission round-trip). Standard actually wins at low volume because of Exness's unusually tight standard spreads. Raw wins only if you trade 25+ lots/month and need pure execution on volatile pairs.

Do commission-based brokers have better execution?

Yes. Raw and Zero accounts route to interbank liquidity providers (ECN model), meaning tighter spreads, no dealing desk, and no requotes. Zero-commission standard accounts often run through internal market makers, which is fine for casual traders but costs scalpers 1-2 pips of slippage on fast entries.

Can I switch between Standard and Raw accounts?

Yes. All major brokers (Exness, XM, IC Markets, Pepperstone) let you open multiple account types under the same profile and transfer funds instantly. Start with Standard, switch to Raw when you consistently trade 25+ lots/month.

Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. 74-89% of retail investor accounts lose money when trading CFDs. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. NoCommissionForex.com is an informational site and does not provide financial advice. Spread data is based on our 2026 live testing on London and New York sessions. Some links on this site are affiliate links โ€” we may receive compensation at no additional cost to you. Past performance is not indicative of future results.