Commission Calculator GBP/USD
Calculate commission for GBP/USD
Inputs
Calculate one-way commission
$3.5 × 1.5
= $5.25
Calculate round-trip
$5.25 × 2
= $10.50
Convert to pips
$10.50 ÷ $11.86
= 0.89 pips
For GBP/USD commission costs: GBP/USD uses standard 4-decimal pricing where one pip equals 0.0001. This major pair has typical spreads of 0.9-1.5 pips with high liquidity across all sessions.
Frequently Asked Questions
How much commission will I pay trading GBP/USD?
Commission on GBP/USD 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/USD?
Compare total cost: spread cost + commission. For GBP/USD, calculate both and choose the lower total. ECN is often cheaper for larger volumes.
How does commission affect my GBP/USD break-even point?
Commission adds to your break-even on GBP/USD. If commission equals 0.7 pips and spread is 1 pip, you need 1.7 pips of movement to break even.