About

Cost of Trading is an independent explainer site about the practical side of retail trading accounts.

Most of what decides a trader’s result is unglamorous: position size, when liquidity is thin, what happens when an account goes negative, and whether records are good enough to reconstruct a year of activity. These pages walk through those topics with simple worked examples.

Nothing here is a recommendation to open an account or place a trade. Figures are illustrative and rules differ between providers and jurisdictions, so always check the current terms of the service you use.

This site publishes general educational material about trading mechanics. It is not investment advice. Trading leveraged products such as forex and CFDs carries a high risk of losing money.