FX Poll

What the spread takes out of the account each year

26.0%

of the account per year goes to costs alone, across 260 trades. Nothing here assumes you win or lose — it is the toll.

Cost per trade
0.100%
Share of one risk unit
10.0%
Needed just to break even
26.0 R / year

A risk of 1% is spread over a 10 pip stop, so one pip is 0.100% of the account. The 1 pip round-trip cost is charged on every trade, win or lose. Halving the stop distance doubles the share the cost takes.

The spread is charged on every trade regardless of how it ends, so it is the one number on this page that is not a matter of opinion.

The arithmetic is a single division. The risk you take on a trade is spread across the distance to the stop, so one pip is worth (risk % ÷ stop distance) of the account. The round-trip cost is that many pips, on every trade.

Nothing here assumes a win rate or an edge. It is the toll charged before any of that starts — which is also why it is the part that responds directly to what you change.

Costs are only half of it. What are traders reporting on the other half?

Report a trade you closed

Style

Direction

Signal

Pair

Risk:reward

How it ended

Still to pick: Style, Direction, Signal, Pair, Risk:reward

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This is a calculation, not advice. It takes the numbers you enter as given and reports what follows from them.