Independent broker research
027Vol. IVJuly 9, 2026
Independent broker research

Trading calculator

Brokerage Fee Calculator

Estimate how commissions, account fees and pass-through charges affect the cost of a typical trade.

Desk with calculator and blank brokerage cost worksheets

Estimate brokerage fees

Use your broker's pricing page or trade confirmation as the source for each input.

Per trade

$2.00

Estimated cost for one executed order.

Monthly

$20.00

Estimated cost at the entered trading frequency.

Annual

$240.00

Twelve-month estimate using the same monthly activity.

Cost rate

0.2%

Per-trade cost as a share of trade value.

What to enter

Use figures from the broker pricing page, account statement or trading platform. Leave unknown fields at zero rather than guessing.

Trade amount

Total value of the order in your account currency.

Flat commission

Fixed fee charged by the broker for each executed order.

Percentage commission

Ad valorem fee if the broker charges a percentage of order value.

Trades per month

Expected number of executed orders in a typical month.

Monthly account fee

Platform, market data, custody or inactivity fee.

Regulatory or exchange fee

Pass-through charge shown on confirmations or broker pricing pages.

Related research

Continue from the estimate into broker reviews, rankings and methodology pages.

Calculator FAQ

Short answers about inputs, assumptions and limits.

What fees do brokers usually charge?

Common costs include commissions, account fees, market data fees, regulatory pass-through charges, inactivity fees and currency conversion fees. The exact mix depends on the broker and account type.

Are commission-free brokers free to use?

Not always. A broker may charge no explicit commission but still earn through spreads, FX conversion, payment for order flow or other fees. Use the calculator to model the costs you can identify.

How accurate is the estimate?

The result is only as accurate as the inputs. Use current broker pricing pages and trade confirmations for the closest estimate.

Why do flat fees matter for small accounts?

A fixed commission is a larger percentage of a smaller order. That can make the same broker fee feel cheap for one account size and expensive for another.