What's your trading budget, honestly?
Trading costs money beyond the account: data feeds, VPS, courses, books, and the lost time. Beginners rarely budget for any of it and discover the leaks slowly.
Share your budget:
- what you spend on trading monthly, besides deposits
- the expense that paid for itself
- the expense you regret
No judgement — the thread's value is the honest numbers.
Background: The real cost of a forex trade: spread, commission and swap
Every trade has costs, and they are easy to underestimate. Here is how to add up the spread, commission and overnight swap on a position.
What is a spread in forex?
The difference between the bid (sell) and ask (buy) price. You pay it every time you open a trade, and it widens when the market is less liquid.
Is a raw spread account cheaper?
Not automatically. Add the spread and the round-trip commission together and compare the total with a spread-only account's typical spread on the pairs you trade.
Comments
Log in to join the discussion. Comments follow the community guidelines.
Log in to commentLoading comments…