Spread costs accumulate significantly over time, especially for active traders. A broker offering EUR/USD spreads of 0.8 pips versus 1.5 pips represents nearly double the cost per trade.

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Understanding Total Trading Cost

For a 1-lot EUR/USD trade, a USD 3.50/side commission equals 0.7 pips in total cost. This is cheaper than a standard account with 1.2 pip spreads and no commission. Always calculate total round-trip cost when comparing brokers.