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FactorQX

Brokerage / Cost Calculator

Estimate total brokerage and transaction costs for a trade from commission and flat fees, and the price move required just to cover them.

Calculator

$
%
$
Total cost$4.00
Trade value$1,000.00
Cost % of trade0.40%
Break-even move$0.40
Break-even %0.40%

Formula

  • Trade value = Price × Quantity
  • Per-side cost = Flat fee + Trade value × (Commission % ÷ 100)
  • Total cost = Per-side cost × (Round trip ? 2 : 1)
  • Break-even move = Total cost ÷ Quantity

How it works

Transaction costs quietly erode returns, especially for active strategies. This tool sums commission (a percentage of trade value) and any flat per-order fee, optionally for a full round trip (entry plus exit).

The break-even move is the part traders forget: the price must move at least this far in your favor just to cover costs before any profit. Frequent trading multiplies this drag.

Costs are entered by you and vary by broker and instrument. This is an arithmetic estimate for planning, not advice and not a quote from any broker.

Example use cases

Round-trip on a $1,000 trade

10 units at $100, 0.1% commission + $1 flat per side, round trip → $4 total, break-even move $0.40 (0.4%).

Single order

Same inputs without round trip → $2 cost for the one side.

Frequently asked questions

Should I include both entry and exit?+

If you want the full cost of a complete trade, enable round trip — it doubles the per-side cost to cover both entry and exit. For a single order, leave it off.

Are taxes or exchange fees included?+

Only what you enter. Many venues add exchange, regulatory, or tax charges; fold them into the commission or flat fee to approximate the true cost.

Educational tool. This calculator performs arithmetic for learning and planning only. It is not investment advice, a trading signal, or a guarantee of any result. See our disclaimer.