A commission is a fixed fee charged by the broker per trade, usually calculated per lot per side (opening and closing). Commission-based accounts typically offer raw or near-zero spreads, with the commission being the broker's primary revenue. Not all account types charge commission — spread-only accounts incorporate the broker’s cost into a wider spread instead.
On a Zero account at GCC Brokers, the EUR/USD spread may be 0.1 pips, but you pay a commission of $3.50 per lot per side. A round-trip trade (open + close) of 1 lot costs $7.00 in commission. On a Standard account, there is no commission — the cost is built into the wider spread.
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