Commission Calculator XAU/GBP
Calculate commission for XAU/GBP
Inputs
Calculate one-way commission
$3.5 × 1.5
= $5.25
Calculate round-trip
$5.25 × 2
= $10.50
Convert to pips
$10.50 ÷ $1.50
= 7.00 pips
For XAU/GBP commission costs: XAU/GBP uses 2-decimal pricing (0.01 per pip) since GBP is valued in hundreds per unit. Contract size: 100 units. Typical spreads: 30-45 pips.
Frequently Asked Questions
How much commission will I pay trading XAU/GBP?
Commission on XAU/GBP 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 XAU/GBP?
Compare total cost: spread cost + commission. For XAU/GBP, calculate both and choose the lower total. ECN is often cheaper for larger volumes.
How does commission affect my XAU/GBP break-even point?
Commission adds to your break-even on XAU/GBP. If commission equals 0.7 pips and spread is 1 pip, you need 1.7 pips of movement to break even.