Forex Trading Costs Explained: Spreads, Commission, Swap (Lesson 3)
Published Oct 16, 2026, 03:00 PM · 1 min read
In this video from our MCP Labs Forex channel, we walk through Forex Trading Costs Explained: Spreads, Commission, Swap (Lesson 3). Watch the full breakdown below, then read the key points underneath.
What this video covers
Lesson 3 for beginners: what a forex broker actually does, how the spread (bid and ask) costs you on every trade, standard vs raw/ECN accounts and commissions, swap on overnight trades, slippage, and how to check that a broker is regulated, plus the red flags that should make you walk away.
Lesson 3 of the free course "Forex From Zero to Automated" by MCP Labs Forex.
Next lesson: Lesson 4: A full tour of MetaTrader 5
QUIZ: Your spread on EURUSD is 1.5 pips. You trade 0.2 lots and make 40 trades this month. How much did you pay in spread? Answer in the comments.
CHAPTERS
0:00 Losing 10% to costs alone
0:56 What a broker actually does
1:41 The spread: bid, ask and what it costs
2:58 Commissions: standard vs raw accounts
4:05 Swap: holding trades overnight
4:44 Slippage
5:23 Choosing a regulated broker + red flags
6:29 Your questions
7:58 Recap, quiz and homework
Sources: Cost examples are illustrations: check your own broker. Regulators: FCA, ASIC, CySEC, FSCA public registers.
Education, not financial advice. Trading forex, gold and CFDs on margin is high risk; practise on a demo account first. Narration voice is AI-generated.
A product of MCP Labs, created by Tshivhidzo (Moss) Mbedzi.
Run the EA from these videos
Everything shown here runs on Apex Drawdown Zero for MT5 — a selective MT5 Expert Advisor with a stop-loss on every trade and risk-based sizing (V9 has no account-level drawdown halt; V12 does). See more clips on our videos page or subscribe on YouTube.
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*Any results, returns or win rates mentioned in this video are examples from specific accounts and periods and are not typical or guaranteed. Trading carries substantial risk of loss. Past performance is not indicative of future results — read our full risk disclosure.*
