Commission Calculator GBP/JPY
Calculate commission for GBP/JPY
Inputs
Calculate one-way commission
$3.5 × 1.5
= $5.25
Calculate round-trip
$5.25 × 2
= $10.50
Convert to pips
$10.50 ÷ $7.93
= 1.32 pips
For GBP/JPY commission costs: GBP/JPY uses 2-decimal pricing (0.01 per pip) since JPY is valued in hundreds per unit. This cross pair has typical spreads of 2.0-3.5 pips with good liquidity.
Frequently Asked Questions
How much commission will I pay trading GBP/JPY?
Commission on GBP/JPY depends on your broker and account type. ECN brokers typically charge $3-7 per standard lot round turn, while market makers include costs in spread.
Should I choose low spread or low commission for GBP/JPY?
Compare total cost: spread cost + commission. For GBP/JPY, calculate both and choose the lower total. ECN is often cheaper for larger volumes.
How does commission affect my GBP/JPY break-even point?
Commission adds to your break-even on GBP/JPY. If commission equals 0.7 pips and spread is 1 pip, you need 1.7 pips of movement to break even.