{"id":3409,"date":"2026-09-21T04:02:47","date_gmt":"2026-09-21T04:02:47","guid":{"rendered":"https:\/\/staging.uexo.com\/mena\/?post_type=academy&#038;p=3409"},"modified":"2026-09-21T04:21:32","modified_gmt":"2026-09-21T04:21:32","slug":"costs","status":"publish","type":"academy","link":"https:\/\/uexo.com\/mena\/academy\/forex-trading\/costs\/","title":{"rendered":"Forex Trading Costs: Spreads, Commissions, Swaps, and Leverage"},"content":{"rendered":"<p>Forex trading costs are the charges a trader pays to open, hold, and close a currency position in the\u202f<a href=\"\/mena\/academy\/forex-trading\/\">forex market<\/a>. They fall into four categories: transaction costs (spread and commission), financing costs (swap), execution costs (slippage), and non-trading fees (deposits, withdrawals, inactivity, conversion). Most are embedded in pricing rather than invoiced, which is why traders routinely underestimate what they pay.\u00a0For traders in the Gulf and the wider MENA region, two of those categories carry regional weight: swap-free account structures, which change how financing is charged rather than removing it, and currency conversion between local funding currencies and USD-denominated accounts.<\/p>\n<p>The number that matters is not the\u00a0headline spread.\u00a0It is the all-in cost of a full round turn, expressed as the distance price must move before a trade\u00a0break\u00a0even, measured against the capital\u00a0actually at\u00a0risk.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Forex trading costs are the charges a trader pays to open, hold, and close a currency position in the\u202fforex market. They fall into four categories: transaction costs (spread and commission), financing costs (swap), execution costs (slippage), and non-trading fees (deposits, withdrawals, inactivity, conversion). Most are embedded in pricing rather than invoiced, which is why traders [&hellip;]<\/p>\n","protected":false},"featured_media":3411,"menu_order":0,"template":"","academy_category":[66],"academy_tag":[58],"class_list":["post-3409","academy","type-academy","status-publish","has-post-thumbnail","hentry","academy_category-forex-trading","academy_tag-intermediate"],"acf":{"blocks_single_aducation":[{"acf_fc_layout":"text","title":"Key takeaways ","text":"<ul>\r\n \t<li>The spread is a round-turn cost: you buy at the ask and sell at the bid, so it is paid once per trade.<\/li>\r\n \t<li>Commission-based accounts charge a flat per-lot fee against raw spreads; spread-only accounts bundle the fee into a wider spread.<\/li>\r\n \t<li>Swap is charged on the full notional position, not on the margin posted, and Wednesday rollover charges three days at once.<\/li>\r\n \t<li>Leverage does not change the cost per lot, but it changes what that cost represents as a percentage of your capital.<\/li>\r\n \t<li>Total cost matters in proportion to your profit target: 1.6 pips\u00a0is\u00a016% of a 10-pip scalp and 1.6% of a 100-pip swing.<\/li>\r\n \t<li>Swap-free (Islamic) accounts remove the interest charge, not the cost: brokers recover it through a per-lot administration fee, a wider spread, or a limited grace period.<\/li>\r\n<\/ul>","image":""},{"acf_fc_layout":"text","title":"Spreads","text":"The spread is the difference between the bid (sell) price and the ask (buy) price of a currency pair, measured in pips. It is the most common forex trading cost and the only one that applies to every trade on every account type.\r\n\r\nA long position opens at the ask and closes at the bid, so\u00a0a trade\u00a0is negative by the width of the\u00a0spread\u00a0the instant it opens. On EUR\/USD quoted 1.08500 \/ 1.08516, the spread is 1.6 pips. On a standard lot (100,000 units, $10 per\u00a0pip), that is $16 for the round turn.\r\n\r\nSpread comes\u00a0in two forms.\u202f<b>Fixed spreads<\/b>\u202fstay constant regardless of market conditions, which makes costs predictable but usually means a wider average.\u202f<b>Variable (floating) spreads<\/b>\u202ftrack live interbank liquidity, tightening during active sessions and widening during news, rollover, and thin markets. Most brokers offering raw or near-raw pricing use variable spreads.\r\n\r\nSpread width depends on the pair. Majors carry the tightest spreads because they carry the deepest liquidity; minors sit wider; exotics such as USD\/TRY or USD\/ZAR can run 20 to 100 pips or more. Live spreads per instrument are listed on the\u202f<a href=\"\/mena\/markets\/forex\/\">forex pairs<\/a>\u202fpage.\u00a0It also depends on the\u00a0hour. For traders in the Gulf, the London-New York overlap \u2014 the daily liquidity peak \u2014 falls between\u00a0roughly 16:00\u00a0and 20:00 GST (15:00 to 19:00 AST), which is when spreads on majors are tightest. They widen sharply at the daily rollover, which lands in the small hours of the morning across the region,\u00a0and at the Sunday open, which is covered in the\u202f<a href=\"\/mena\/academy\/forex-trading\/hours\/\">forex trading hours<\/a>\u202fguide.","image":""},{"acf_fc_layout":"text","title":"Commissions","text":"A commission is a flat fee charged per lot traded, separate from the spread. It applies on\u00a0ECN\u00a0account types, where the broker passes through interbank pricing rather than marking it up.\r\n\r\nCommission is\u00a0quoted\u00a0two\u00a0ways and\u00a0confusing them is the most common costing error traders make.\u202f<b>Per side<\/b>\u202fmeans the fee is charged once on entry and again on exit: $3.50 per side is $7 per\u00a0round turn.\u202f<b>Per round turn<\/b>\u202fmeans the total for both legs. Always convert to a round-turn figure before comparing accounts.\r\n\r\nThe advantage of commission pricing is predictability. Spreads move with market conditions;\u00a0the commission\u00a0is a known constant, so a\u00a0trader\u00a0modelling costs in advance can rely on it. The disadvantage is that the fee is charged per lot regardless of the pair, which makes it proportionally expensive on pairs where the raw spread is already tight and negligible on exotics where the spread dominates.","image":""},{"acf_fc_layout":"text","title":"Spread-Only vs Commission: Which Is Actually Cheaper","text":"Compare accounts on all-in cost per standard lot, never on the advertised spread alone. Using UEXO\u2019s three\u202f<a href=\"\/mena\/accounts\/\">trading accounts<\/a>\u202fon EUR\/USD:\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Account<\/b><\/td>\r\n<td><b>Spread from<\/b><\/td>\r\n<td><b>Commission<\/b><\/td>\r\n<td><b>All-in per standard lot<\/b><\/td>\r\n<td><b>Break-even distance<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Standard<\/td>\r\n<td>1.6 pips<\/td>\r\n<td>None<\/td>\r\n<td>$16.00<\/td>\r\n<td>1.6 pips<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Pro<\/td>\r\n<td>0.8 pips<\/td>\r\n<td>$4 round turn<\/td>\r\n<td>$12.00<\/td>\r\n<td>1.2 pips<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>ECN<\/td>\r\n<td>0.0 pips<\/td>\r\n<td>$7 round turn<\/td>\r\n<td>$7.00<\/td>\r\n<td>0.7 pips<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\nFull tier specifications and minimum deposits are on the\u202f<a href=\"\/mena\/accounts\/\">forex account types<\/a>\u202fpage.\u00a0The commission account is cheaper here by $9 per lot, or 56%. That gap is not a rounding error at volume: a trader placing one standard lot per trading day pays\u00a0roughly $4,000\u00a0a year on Standard pricing against $1,750 on\u00a0ECN, a difference of $2,250.\r\n\r\nTwo qualifications that most cost guides omit.\r\n\r\nFirst, the cheapest pricing is gated by capital.\u00a0ECN\u00a0tiers typically carry minimum deposits of several thousand dollars, so the\u00a0trader with $500\u00a0pays the widest spread available precisely because they have the least capital to absorb it. Cost efficiency in forex scales with account size, and this is the mechanism.\r\n\r\nSecond, the crossover depends on the pair. Commission is flat per lot; raw spreads are not. On EUR\/USD, where the raw spread is near zero, a $7 commission is the entire cost. On an exotic\u00a0quoted at\u00a040 pips raw, the same $7 is 1.7% of a $407 total, and the spread-only account may price competitively.\u00a0Run the comparison on the pairs you\u00a0actually trade, not on EUR\/USD by default.\r\n\r\n<b>Trade on raw spreads from 0.0 pips.<\/b>\u202f<a href=\"https:\/\/client.uexo.com\/en\/register\">Open a live account<\/a>\u202fin minutes and pick the pricing tier that matches your volume, or\u202f<a href=\"\/mena\/accounts\/\">compare all three tiers<\/a>\u202ffirst.","image":""},{"acf_fc_layout":"text","title":"Swaps (Overnight Financing) ","text":"A swap is the interest paid or received for holding a position past the daily rollover, reflecting the interest rate differential between the two currencies in the pair. Hold a higher-yielding currency against a lower-yielding one and the swap may be positive (credited); hold the\u00a0reverse\u00a0and it is negative (debited).\r\n\r\nThree mechanics are consistently misunderstood.\r\n\r\n<b>Swap is calculated on notional, not margin.<\/b>\u202fA single standard lot is 100,000 units of exposure regardless of whether you posted $1,000 or $10,000 in margin. If the swap is -$7 per night, ten nights costs $70, which is 7% of a $1,000 margin position and 0.7% of a $10,000 one. Traders who use high leverage to hold positions for weeks are paying financing on exposure many times their equity.\r\n\r\n<b>Wednesday charges triple.<\/b>\u202fSpot forex settles two business days forward, so the Wednesday rollover carries the weekend, charging three days of swap in one debit.\u00a0A carry trade that looks marginal\u00a0on a daily basis\u00a0can be net negative once the Wednesday multiple is included.\r\n\r\n<b>The two sides are rarely symmetrical.<\/b>\u202fBrokers apply a markup to the underlying interest differential, which usually makes the negative swap more negative than the positive swap is positive on the same pair. Check both directions in your platform\u2019s contract specifications rather than assuming a mirror.\r\n\r\nSwaps are the dominant cost for swing and position traders. On a two-week hold, accumulated swap\u00a0frequently\u00a0exceeds the spread and commission combined, which reverses the ranking of \u201ccheap\u201d accounts entirely for that trading style.\u00a0For traders in the region this makes swap-free account structures the single most important pricing decision, and they are covered next.","image":""},{"acf_fc_layout":"text","title":"Swap-Free (Islamic) Accounts: What They Actually Cost","text":"A swap-free account, marketed across the region as an Islamic or Shariah-compliant account, removes the overnight interest debit and credit entirely, because\u00a0riba\u00a0(interest) is prohibited under Islamic finance principles. The position still rolls over at the same time each day; no interest is exchanged.\r\n\r\nRemoving\u00a0the interest\u00a0does not remove the cost. Brokers recover it in one of three ways, and the structure \u2014 not the label \u2014 is what you need to compare.\r\n\r\n<b>A flat administration\u00a0fee per lot\u00a0per night.<\/b>\u00a0Predictable, and directly comparable to the swap it\u00a0replaces:\u00a0take the fee,\u00a0multiply by\u00a0your typical holding period in nights, and set it against the swap rate on the same pair.\r\n\r\n<b>A wider spread on the account.<\/b>\u00a0Harder to detect, because it raises your entry cost on every trade, including intraday trades where you would never have paid swap at all.\r\n\r\n<b>A grace period.<\/b>\u00a0Swap-free for the first 5, 10, or 30 nights, after which standard swap or\u00a0an administration\u00a0fee applies. Position traders holding for months are affected by this and\u00a0frequently\u00a0do not read it.\r\n\r\nTwo further conditions are common and worth checking before you fund. Swap-free status is often restricted to a subset of instruments \u2014 majors and gold typically\u00a0qualify,\u00a0exotics\u00a0frequently\u00a0do not \u2014\u00a0and it is usually withdrawn if the broker judges the account to be using the structure as a carry trade. Both conditions sit in the account terms rather than on the pricing page.\r\n\r\nThe comparison to\u00a0run\u00a0is straightforward. Work out what you would have paid in swap on your typical position and holding period, then set it against the administration fee plus any spread widening on the swap-free version. For an intraday trader who closes before rollover, a swap-free account with a wider spread is a pure cost increase for no benefit. For a swing trader holding negative-swap positions for two weeks, it is\u00a0frequently\u00a0the cheaper structure as well as the compliant one.","image":""},{"acf_fc_layout":"text","title":"How Leverage Multiplies Every Cost ","text":"Leverage is not a\u00a0cost in itself. No broker charges a fee for using 1:100 rather than 1:10. What leverage changes is the relationship between a fixed cost and the capital exposed to it, and this is where most cost analysis stops short.\r\n\r\nThe same one-lot EUR\/USD trade costs $16 on Standard pricing at every leverage ratio. What changes is the margin backing it:\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Leverage<\/b><\/td>\r\n<td><b>Margin\u00a0required<\/b><\/td>\r\n<td><b>Cost\u00a0as\u00a0%\u00a0of\u00a0margin<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>1:10<\/td>\r\n<td>$10,000<\/td>\r\n<td>0.16%<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>1:100<\/td>\r\n<td>$1,000<\/td>\r\n<td>1.6%<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>1:500<\/td>\r\n<td>$200<\/td>\r\n<td>8.0%<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\nAt 1:500, the round-turn cost consumes 8% of the capital committed before price has moved at all. Leverage multiplies profit, loss, and cost-to-equity by the identical factor. A trader running high leverage on a spread-only account is therefore paying a cost that is trivial in dollars and severe in proportion, which is a large part of why high-leverage retail accounts fail faster than the underlying strategy would predict.\r\n\r\nThe practical rule: judge cost against margin committed, not against account balance.\r\n\r\nOne regional point on leverage. The ratio available to you depends on\u00a0which entity your account is held with, not on where you live. Most established brokers operate more than one licence, and the difference between them is a trade-off rather than a ranking. Entities regulated onshore in the Gulf \u2014 under the DFSA in the DIFC, the FSRA in ADGM, the SCA in the wider UAE, or the CMA in Saudi Arabia \u2014\u00a0work to lower retail leverage caps within a prescribed local framework. Offshore-licensed entities, which many well-established brokers use to serve clients across the region, offer higher ratios and more flexibility on account structures and funding options. That is why the same brand can legitimately offer 1:30 through one licence and 1:500 through another, and why traders choose between them on what suits their strategy and capital.\u00a0Neither structure changes the cost per lot. What changes is the margin sitting behind that cost, so the practical question is position sizing rather than which ratio is highest: higher leverage frees up capital, and the same round turn then represents a larger share of the margin committed. Check which entity your account agreement names so you know which leverage terms apply to you.","image":3412},{"acf_fc_layout":"text","title":"Break-Even Distance: The Metric That Replaces Spread Comparison","text":"Convert your all-in cost into pips and compare it to your profit target. That single number tells you what proportion of your edge the broker takes.\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td><b>Strategy<\/b><\/td>\r\n<td><b>Typical target<\/b><\/td>\r\n<td><b>Cost at 1.6 pips<\/b><\/td>\r\n<td><b>Cost at 0.7 pips<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Scalping<\/td>\r\n<td>5 pips<\/td>\r\n<td>32% of target<\/td>\r\n<td>14% of target<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Day trading<\/td>\r\n<td>20 pips<\/td>\r\n<td>8%<\/td>\r\n<td>3.5%<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Swing trading<\/td>\r\n<td>100 pips<\/td>\r\n<td>1.6%<\/td>\r\n<td>0.7%<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Position trading<\/td>\r\n<td>300 pips<\/td>\r\n<td>0.5%<\/td>\r\n<td>0.2%<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\nThe conclusion follows directly: the shorter your holding period, the more account pricing determines profitability, and the longer your holding period, the more swap does. A scalper on spread-only pricing gives up roughly a third of every winning trade before slippage. A position trader can largely ignore the spread and should be scrutinising swap rates instead.","image":""},{"acf_fc_layout":"text","title":"Slippage and Execution Costs ","text":"Slippage is the difference between the price you requested and the price you received. It is not a fee, so it appears in no fee schedule, but it is a real and recurring cost that shows up in the gap between\u00a0backtested\u00a0and live results.\r\n\r\nSlippage concentrates\u00a0in\u00a0predictable conditions: high-impact news releases, the market open after a weekend, thin liquidity at rollover, and large orders relative to available depth. It runs in both directions, though brokers with poor execution show a consistent negative skew. Limit orders control it by refusing worse\u00a0fills; market orders accept whatever is available.\r\n\r\nOne practical consequence for stop placement: because a long position exits at the bid, a stop placed within the spread\u2019s normal widening range can be triggered by the spread alone, without the market ever trading to your level. Tight stops on spread-only accounts during rollover or news are a specific and avoidable way to lose money.\r\n\r\nDemo accounts typically do not model slippage, which is why demo results overstate the performance of short-term strategies.","image":""},{"acf_fc_layout":"text","title":"Non-Trading Fees ","text":"These sit outside the trade lifecycle and are the easiest to overlook because they are charged monthly or on transfer rather than per position.\r\n<ul>\r\n \t<li><b>Deposit and withdrawal fees:<\/b>\u202foften free on card and e-wallet, sometimes charged on bank wires or after a monthly free allowance.<\/li>\r\n \t<li><b>Inactivity fees:<\/b>\u202fa monthly charge applied after a dormancy period, commonly 6 to 12 months. Small balances can be eroded substantially by these.<\/li>\r\n \t<li><b>Currency conversion:<\/b>\u202fapplies when your deposit currency, account base currency, or the instrument\u2019s profit currency\u00a0differ. Trading EUR\/GBP in a USD account means every realised profit is converted, at a markup.\u00a0This is a standing cost for most traders in the region, who fund from AED, SAR, QAR, or KWD bank accounts into USD-denominated trading accounts. The AED and SAR are pegged to the dollar, so the rate itself is stable \u2014 but the conversion markup is charged regardless of the peg, on every deposit and every withdrawal.\u00a0Traders\u00a0funding in EGP, TRY, or MAD carry both the markup and genuine exchange-rate risk.\u00a0Choosing a base currency that matches your funding source removes the recurring version of this cost.<\/li>\r\n \t<li><b>Guaranteed stop-loss fees:<\/b>\u202fwhere offered, GSLOs carry a premium, usually a widened spread on the position.<\/li>\r\n<\/ul>","image":""},{"acf_fc_layout":"text","title":"Total Cost by Trading Style","text":"<table>\r\n<tbody>\r\n<tr>\r\n<td><\/td>\r\n<td><b>Scalping<\/b><\/td>\r\n<td><b>Day trading<\/b><\/td>\r\n<td><b>Swing trading<\/b><\/td>\r\n<td><b>Position trading<\/b><\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Dominant cost<\/td>\r\n<td>Spread + commission<\/td>\r\n<td>Spread + commission<\/td>\r\n<td>Swap<\/td>\r\n<td>Swap<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Slippage exposure<\/td>\r\n<td>High<\/td>\r\n<td>Moderate<\/td>\r\n<td>Low<\/td>\r\n<td>Low<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Best-fit pricing<\/td>\r\n<td>Raw spread + commission<\/td>\r\n<td>ECN or Pro<\/td>\r\n<td>Compare swap rates first<\/td>\r\n<td>Compare swap rates first<\/td>\r\n<\/tr>\r\n<tr>\r\n<td>Secondary factor<\/td>\r\n<td>Execution speed<\/td>\r\n<td>News-hour spreads<\/td>\r\n<td>Triple-swap Wednesday<\/td>\r\n<td>Conversion on long holds<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>","image":""},{"acf_fc_layout":"text","title":"How to Reduce Forex Trading Costs ","text":"Trade major pairs during the London-New York overlap\u00a0\u2014 16:00 to 20:00 GST, 15:00 to 19:00 AST \u2014 where spreads on liquid instruments are at their daily tightest. Avoid the Asian-session hours that fall across the Gulf morning on anything but JPY and AUD crosses, where spreads on European majors are at their widest relative to available movement. Match the account tier to your volume: raw pricing pays for itself above a break-even lot count you can calculate from the commission and spread difference, and you can\u202f<a class=\"Hyperlink SCXW186146785 BCX0\" href=\"\/mena\/accounts\/\" target=\"_blank\">compare account pricing<\/a>\u202ftier by tier before funding.\u00a0Avoid holding through Wednesday rollover on negative-swap pairs unless the trade thesis justifies three days of financing. Set your account base currency to your funding currency, and consolidate deposits and withdrawals into fewer, larger transfers so you pay the conversion markup less often. Use limit orders around news. And size positions so that cost is a defensible percentage of margin, not just a small dollar figure.\r\n\r\n<img class=\"aligncenter size-full wp-image-3413 w-100 h-100 mb-4 mt-3 w-100 h-100 mb-4 mt-3 w-100 h-100 mb-4 mt-3 w-100 h-100 mb-4 mt-3\" src=\"\/wp-content\/uploads\/2026\/09\/forextradingcost3.webp\" alt=\"forextradingcost3\" \/>","image":""},{"acf_fc_layout":"faq_section_academy","title":"","faq":[{"question":"What is the average cost of a forex trade? ","answer":"On a standard lot of EUR\/USD, all-in transaction costs typically run $7 to $16 per round turn depending on account type, equivalent to 0.7 to 1.6 pips. Overnight holds add swap on top."},{"question":"Is a zero-spread account actually free?","answer":"No. Zero or raw spread accounts recover the cost through a per-lot commission, usually $3 to $7 per round turn. The all-in figure is what matters, not the spread label. UEXO publishes spread and commission per tier on the\u202f<a class=\"Hyperlink SCXW91928556 BCX0\" href=\"\/mena\/accounts\/\" target=\"_blank\">accounts<\/a>\u202fpage."},{"question":"What is the difference between spread and commission?","answer":"The spread is built into the price you trade at and varies with market conditions. Commission is a separate flat charge per lot that stays constant. Both are transaction costs paid on the same round turn."},{"question":"Why was I charged the swap three times on Wednesday?","answer":"Spot forex settles two business days forward, so Wednesday\u2019s rollover covers the weekend. This is standard across brokers, not an error."},{"question":"Do swap-free accounts have no costs?","answer":"They have no overnight interest charge, but brokers substitute a fixed administration fee, wider spreads, or both.\u00a0Some also apply the exemption only for a limited number of nights. Compare that structure against the swap you would otherwise have paid."},{"question":"Is a swap-free account cheaper than a standard one?","answer":"It depends\u00a0on how long you hold. If you close before the daily\u00a0rollover\u00a0you never pay swap, so a swap-free account priced through a wider spread costs you more for no benefit. If you hold negative-swap positions for a week or more, the administration fee is usually lower than the swap it replaces."},{"question":"Which leverage am I eligible for in the UAE or Saudi Arabia?","answer":"That is set\u00a0by the licence your account sits under, not by your country of residence. Accounts held with entities regulated\u00a0onshore by the DFSA, FSRA, SCA, or the Saudi CMA work to lower retail caps, while offshore-licensed entities of the same brand typically offer higher ratios. Both are routine ways brokers serve the region; check which entity your account agreement names to see which terms apply to you."},{"question":"Why does my AED or SAR deposit arrive as a smaller USD balance?","answer":"Because the deposit\u00a0is converted into the account base currency at a marked-up rate. The AED and SAR pegs keep the underlying rate stable, but the markup is charged on each transfer in and out, so frequent small deposits cost more than occasional larger ones."},{"question":"Does higher leverage cost more?","answer":"Not in dollars: the spread and commission on one lot are identical at 1:10 and 1:500. But because higher leverage means less margin posted, the same cost consumes a much larger share of the capital committed to the trade."},{"question":"Which cost matters most for my strategy?","answer":"Spread and commission for anything intraday, swap for anything held more than a few days. Convert your all-in cost to pips and compare it against your average profit target to see which one is eroding your edge."}]},{"acf_fc_layout":"text","title":"Start Trading with Transparent Pricing ","text":"Costs are the one variable in trading you control before the market opens. UEXO publishes spread and commission per tier with no markup on withdrawals, across MT4 and MT5 on desktop, web, and mobile.\r\n\r\n<a href=\"https:\/\/client.uexo.com\/en\/register\">Start trading<\/a>\u202fon a Standard, Pro, or\u00a0ECN\u00a0account, or\u202f<a href=\"https:\/\/client.uexo.com\/en\/register\">try a free demo<\/a>\u202ffirst to see live spreads on your own pairs before funding.","image":""}]},"_links":{"self":[{"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/academy\/3409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/academy"}],"about":[{"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/types\/academy"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/media\/3411"}],"wp:attachment":[{"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/media?parent=3409"}],"wp:term":[{"taxonomy":"academy_category","embeddable":true,"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/academy_category?post=3409"},{"taxonomy":"academy_tag","embeddable":true,"href":"https:\/\/uexo.com\/mena\/wp-json\/wp\/v2\/academy_tag?post=3409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}