Costs & risk

Commission

A commission is a fee charged per trade, usually per lot, on top of the spread. At NextTrade, Raw accounts pay $7 per standard lot on forex, round trip (open and close).

Also called: trading commission, fee per lot, round-trip commission

Hypothetical example

Hypothetically, on a Raw account you open and close 2 lots of EUR/USD: the commission is 2 × $7 = $14, paid whatever the result of the trade.

Spread
Swap
Lot

Used in these guides

Costs & risk8 min read
Trading costs: spread, commission and swap
What you pay to open, hold and close a trade, how each cost is calculated and where NextTrade publishes its figures.
Basics7 min read
What is a CFD (contract for difference)?
How a contract for difference works, what it costs, and why leverage makes it a high-risk product.
Basics8 min read
Pips, lots and spreads explained
How price moves are measured, how trade size turns pips into money, and what the spread costs you on every trade.

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Risk Warning: CFDs are complex instruments and come with a high risk of losing money.

Commission

Hypothetical example

Related terms

Used in these guides

Trading costs: spread, commission and swap

What is a CFD (contract for difference)?

Pips, lots and spreads explained