The spread is only one component
The spread is the difference between the available buy and sell quotes. A raw-spread account can charge a separate commission, while another account may include more of its dealing cost in the spread. Compare both on the same instrument and trade size.
Holding time changes the comparison
Overnight financing can become material when a position remains open. Check the current long and short rates, the rollover time and the treatment of weekends or holidays. A swap-free label can come with eligibility rules or alternative charges.
Compare in your account currency
Check whether commission is quoted per side or for a complete opening and closing trade. Convert each fee to your account currency and add any funding, conversion or withdrawal charge. Use a written cost example from the provider if the calculation is unclear.
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