In short
- Lowest costs usually come from raw-spread accounts.
- Always compare all-in cost, in your account currency.
- Check that the broker's EU entity offers the account to you.
Options to compare
| Broker | EU entity | Low-cost account | Retail loss rate |
|---|---|---|---|
| Pepperstone | CySEC / BaFin entities | Razor: raw spreads + commission | 72.9% |
| IG | IG Europe GmbH (BaFin) | Commission-free spreads | 74% |
| Hantec Markets | No EU-licensed entity listed — check eligibility | Pro ECN: from 0.1 + commission | XX% |
Calculating cost in euros
EUR/USD at 1.0874: one pip on one standard lot = $10 ≈ €9.20. A 0.6-pip spread costs about €5.52 per round trip; a 0.1-pip raw spread costs about €0.92 plus commission.
Other costs
- Overnight financing on positions held past rollover
- Currency conversion if your account isn't in euros
- Inactivity fees
Frequently asked questions
What is a raw-spread account?
An account with very tight spreads (often from 0.0 pips) plus a separate commission per lot.
How do I compare costs in euros?
One standard lot of EUR/USD is worth $10 per pip — convert to euros at the current rate and add commission.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.