Broker Cost Calculator
Your monthly trading cost across 25 UAE-licensed brokers, measured where we hold a capture
Rates as of Fri 11 Sep 2026, 5pm New York close Spreads measured 5 to 28 August 2026
At 10 standard lots per month on Raw accounts, the three cheapest of the 11 ranked brokers are Equiti (US$100.30), Axi (US$101.80) and Deriv (US$105.80).
| # | Broker | Spread basis | Spread cost | Commission | Total / month |
|---|---|---|---|---|---|
| 1 | EquitiCheapest | 0.43 pips | US$42.70 | US$57.60 | US$100.30 |
| 2 | Axi | 0.51 pips | US$51.20 | US$50.60 | US$101.80 |
| 3 | Deriv | 0.61 pips | US$61.00 | US$44.80 | US$105.80 |
| 4 | Traze | 0.41 pips | US$41.40 | US$65.80 | US$107.20 |
| 5 | ADSS | 0.62 pips | US$62.40 | US$45.00 | US$107.40 |
| 6 | Pepperstone | 0.49 pips | US$49.50 | US$59.60 | US$109.10 |
| 7 | Amana | 0.50 pips | US$50.40 | US$71.00 | US$121.40 |
| 8 | Noor Capital | 0.70 pips | US$69.60 | US$54.60 | US$124.20 |
| 9 | Traders Hub | 0.65 pips | US$65.00 | US$62.60 | US$127.60 |
| 10 | MultiBank | 0.77 pips | US$76.90 | US$54.20 | US$131.10 |
| 11 | Century Financial | 0.65 pips | US$64.80 | US$69.40 | US$134.20 |
| * Commission is published in USD and is shown as published when the account currency is USD; other account currencies are converted at the rate shown above. | |||||
14 brokers not ranked · insufficient comparable data
no raw or commission account measured for the UAE entity:Plus500, Capital.com, Daman Markets, CMS Financial, IG, XTB, XM, Swissquote, Fortrade, eToro, AvaTrade, HYCM, ThinkMarkets
per-trade pricing: volume-tiered bps of trade value is not a per-lot commission (owner ruling, 2026-09-01 workbook; the AU site excludes IBKR on the same grounds):Interactive Brokers
Free to use, with no sign-up and no account required. Every figure updates as you change the inputs above.
Worked example
Take 10 standard lots a month on a raw account. Equiti's measured 8-pair average of 0.43 pips costs US$42.70 in spread at that volume, and its commission adds US$57.60, for a total of US$100.30 per month (11 September 2026 rates). The same maths across every ranked broker produces the table above; Axi (US$101.80) and Deriv (US$105.80) complete the top three at this volume.
How to use this calculator
Enter the standard lots you trade in a typical month and pick your account style. I built this calculator to rank Raw accounts on the 8-pair average spread we measured (our team ran the capture) plus each broker's published round-turn commission, while Standard accounts are ranked on EUR/USD spread alone, because they carry no commission. Every broker name links to its full review, and any broker we cannot rank fairly sits beneath the table with the reason spelled out.
Volume is the input that reshuffles the ranking, and in my experience it is the one people most often overlook. Commission is a fixed per-lot cost, while spread cost scales with the spread itself, so a broker with a tight spread and higher commission overtakes a cheaper-commission rival as your volume grows. I would run your own number rather than accepting a ranking computed at someone else's volume.
How the costs are calculated
Monthly cost = (average spread in pips x pip value at your volume) + (round-turn commission per lot x lots). Spread figures come from our 5 to 28 August 2026 8-pair measurement (rolling 24-hour captures, IceFX SpreadMonitor, DX Equinix VPS Dubai with an LD4 London cross-check, live funded USD accounts); commissions come from the schedule on each live account's contract note, and USD-denominated commissions convert at current rates, marked with an asterisk in the table. The full capture method is on our methodology page.
I use EUR/USD as the pip-value proxy for the 8-pair average because our measurement basket is all USD-quoted majors; that keeps the conversion honest without my having to guess the per-pair volume split. If a broker prices differently across platforms, the table footnotes the difference rather than averaging incomparable schedules, so the cost shown matches the chosen platform.
What the ranking does not include
Three real costs sit outside this table, and I want to flag them so the ranking is not mistaken for your all-in cost. Overnight financing (swap) varies by broker, direction and holding period, and matters only for positions held past rollover. Currency-conversion fees apply when funding a USD account from a different currency or trading products settled in other currencies. Inactivity and withdrawal fees depend on the broker and your usage pattern. Each of these is covered in the individual broker reviews, and I would rather check those than rely on a single blended number here.
I also keep execution quality out of the ranking, because slippage in a fast market can cost more than the spread itself. Our lowest spread broker guide pairs the same measured spreads with execution-speed testing for the brokers where we have it, so the two can be assessed together.
Raw vs standard accounts in this tool
Raw accounts quote near-interbank spreads and charge an explicit commission; standard accounts widen the spread and charge none. At US$10.00 per pip per standard lot, the crossover point is simple arithmetic: a commission of US$7.00 round-turn equals 0.7 of a pip, so a raw account wins whenever its spread advantage over the standard alternative exceeds that. High-volume traders almost always land on raw pricing, which is why it is the default view. The commission per lot sits beside the spread in our spread and total cost comparison, and the overall picks across all costs are in the best forex brokers in the UAE guide.
FAQs
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About the author
Justin Grossbard co-founded CompareForexBrokers in 2014 and serves as Co-Founder and CEO. He has traded forex since 1998. For this site he directs the research and comparison of UAE-licensed brokers. He holds Monash University degrees including a Bachelor of Commerce with Honours and a Master of Marketing. His commentary has appeared in Forbes, Kiplinger, Finance Magnates and Entrepreneur.