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How should I compare the total cost of two trading accounts?

Compare more than the spread alone. Check the spread, any commission, overnight charges and currency conversion for the instruments and trade sizes you actually intend to use.

Practical checklist

Create a table with one row for each cost and a column for each account. Note the instrument, account currency and where you checked the figure. Compare the same assumptions; a quote for one instrument does not represent the cost of trading every other instrument.

Before your next step

For an overnight position, add the relevant holding charges using the current specification. Prices and conditions can change, so a worked example is an illustration rather than a guaranteed quote. Check the account information that actually applies to you before choosing.

Updated: 2026-10-21

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