There's no single “cheaper.” The winner depends on how you trade — entry cost favours one style, overnight financing another. The comparison below is built from VeriLots audit history, not marketing figures.
Scenario-specific example. Not a recommendation. Results vary by broker entity, account type, platform, liquidity and time. CFDs and leveraged products carry significant risk — this page is not investment advice.
Your trading style decides which costs matter. Pick it first — the comparison below is read through that lens.
Spread + commission are your main cost; overnight holds add swap. Both weigh in the net below.
PREVIEW CONTROLS · FULL SCENARIO MODELLING (HOLDING, ACCOUNT TYPE, BASE CURRENCY, HISTORY) RUNS IN THE TRUE COST ENGINE
| Cost component | — | — |
|---|---|---|
| Loading audited data… |
Swap shown covers the audit window's hold — hold for a week and it multiplies, which is how a swing trade can flip the winner. Each broker is shown on its audited account type, normalized all-in (spread + commission). Swap is directional: long and short differ, and the comparison can reverse for shorts. For a single-pair view, compare broker costs on the EUR/USD, GBP/USD and USD/JPY leaderboards.
One broker starts cheaper on entry; the other can gain ground every night through cheaper swap. Plot both cost lines and where they cross is the only “which is cheaper” answer that respects how you actually trade.
The flip point is derived from each broker's audited direct cost and per-night financing in the standard audit case.
Long side shown, derived from the standard audit case (constant per-night financing). Swaps are directional — the short-side flip point differs. Triple-swap days shift it further. Full model in the methodology.
The cost above is steady-state. But an advertised “typical” spread is a marketing figure — around volatile macro events the spread you actually trade against can move sharply away from it. Below is each broker's highest-stress audited event inside the selected audit window.
A tight advertised spread is worthless if pricing destabilizes when you need it. These stability signals come from each broker's audited spread history over the selected audit window — steadier is better.
TEAL BAR = STEADIER ON THIS SIGNAL · FROM VERILOTS AUDIT HISTORY · INDICATIVE · COMPOSITE RELIABILITY SCORING RUNS IN THE TRUE COST ENGINE
With CFDs, the entity that onboards you matters. Brokers run several entities — your country decides which one you get, and that can matter more than a fraction of a pip.
LEVERAGE & PROTECTION DEPEND ON THE ONBOARDING ENTITY AND YOUR JURISDICTION · CONFIRM DIRECTLY WITH THE BROKER
It depends on your style, and that's the honest answer a single “cheapest broker” badge can't give you.
If you scalp or day-trade: the all-in direct cost (spread + commission) is the number that matters, since you're flat by the close and swap rarely applies.
If you hold overnight or swing: financing compounds every night and can overtake the entry-cost edge. Run your real account, instrument and holding period rather than trusting one benchmark.
Run this exact matchup on your instrument, account type, base currency and holding period in the True Cost Engine.
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