Spread Cost Calculator
Find out how much the spread actually costs you per trade.
Educational tool only. Not financial advice.
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How Spread Cost Affects Every Trade
The spread — the gap between a pair’s bid and ask price — is a cost you pay on every single trade, whether it wins or loses. This spread cost calculator converts a pair’s spread in pips into an actual dollar cost based on your lot size.
Why spread matters more for active traders
A trader placing many trades per day pays the spread cost repeatedly, which can add up to a meaningful drag on returns over a month — far more relevant than for a swing trader placing only a handful of trades.
Comparing brokers using spread cost
Two brokers advertising similar conditions can have meaningfully different real trading costs once spread is calculated in dollar terms rather than just pips — this calculator makes that comparison concrete.