Calculate per-side, round-turn, and sample commission from the broker’s per-lot rate, position size, and number of trades.
STEP-BY-STEP
How to use this tool
- Confirm whether the broker quotes commission per side or round turn; this tool expects a per-side rate.
- Enter the standard-lot size used by each trade.
- Enter the number of completed round-turn trades.
- Add any fixed ticket, platform, or regulatory fee charged per trade.
- Enter the sample’s gross profit to measure commission drag.
- Compare the estimate with the statement and add spread, slippage, and swap costs separately.
WORKED EXAMPLE
See the calculation in context
A $3.50 per-lot-per-side commission on one standard lot costs $3.50 to open and $3.50 to close, or $7 round turn. Ten completed trades cost $70 before spread and other fees.
Calculation method
Per-side commission = rate per standard lot per side × lots. Round-turn cost = two sides + fixed fees. Sample commission = round-turn cost × completed trades.
AVOID THESE ERRORS
Common mistakes
- Entering a round-turn rate as though it were per side
- Forgetting that both entry and exit can be charged
- Using contracts or units when the rate is quoted per standard lot
- Ignoring minimum ticket commissions
- Comparing accounts without including all fixed fees
- Measuring strategy performance before deducting commission
FREQUENTLY ASKED
Questions and answers
What if my broker quotes round-turn commission?
Divide the round-turn per-lot amount by two before entering it, unless other fixed fees make that conversion inaccurate.
Does partial closing change commission?
It can. Commission generally follows executed quantity, and minimum fees or multiple tickets may affect the total.
Does this include spread?
No. Spread is a separate execution cost.