Cost comparison — Gold swing
What gold swing really costs, broker by broker
All-in cost — spread + commission + swap — for a reference profile of 1 trades/day, 0.5 lots, ~48h average hold on XAUUSD. Same numbers for every visitor. Want your own profile? Use the cost tool.
| Broker | Pricing | Per trade | Per month |
|---|---|---|---|
| Pepperstone Razor | ECN raw | $68.50 | $1,438 |
| IC Markets Raw | ECN raw | $83.50 | $1,754 |
| IG (standard) | Market maker | $129.00 | $2,709 |
| OANDA (spread) | Market maker | $154.50 | $3,244 |
| XM (Ultra Low) | Market maker | $180.00 | $3,780 |
For this profile, Pepperstone Razor is the cheapest of the 5 brokers we compare, at published-spec pricing — actual fills vary. The gap between cheapest and most expensive is $2,342/month for identical trades.
Most retail investor accounts lose money when trading CFDs — check each broker's own current risk disclosure before opening an account. Data as of 11 July 2026 (published specifications, sample set; live-measured feeds in development). Past costs do not predict future costs. How we calculate this.