Bourse Direct Commissions and Fees Overview



We, at Traders Union, conducted a thorough analysis of Bourse Direct's fees, resulting in a score We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria of 7 /10. This corresponds to a Medium level. Here are some of the most relevant indicators of Bourse Direct’s fee structure:
Bourse Direct fees overview:
Standard account EUR/USD spread, min pips | 0,9 |
Standard account EUR/USD spread, max pips | 1,2 |
Avg. ECN spread EUR/USD | 0,1 |
ECN commission ($, per lot) | 3,5 |
Withdrawal fee, % | 0 |
Inactivity fee ($, per month) | 0 |
Bourse Direct Forex spreads and commissions
To assess the cost-effectiveness of Bourse Direct, we analyzed its spreads across the most popular account types. These were compared with the top two competitors that have high overall ratings and accept clients in your region.
Bourse Direct Standard account spread
Standard accounts at Bourse Direct offer floating spreads with a broker markup. They typically have higher spreads than ECN or RAW accounts but do not charge additional commissions per lot, ensuring a straightforward cost structure.
Bourse Direct | Plus500 | Pepperstone | |
---|---|---|---|
Floating spread EUR/USD, min pips The cost of 1 pip in USD for EUR/USD is $10. | 0,9 | 0,5 | 0,5 |
Floating spread EUR/USD, max pips | 1,2 | 0,9 | 1,5 |
Floating spread GBP/USD, min pips | 0,7 | 0,5 | 0,4 |
Floating spread GBP/USD, max pips | 1,2 | 0,9 | 1,5 |
Bourse Direct ECN/Raw account spread and commission
ECN/RAW accounts at Bourse Direct feature market-determined spreads without a markup. Despite a commission per lot, they are often more cost-effective for high-volume trading.
Bourse Direct | Plus500 | Pepperstone |
Industry average Based on the evaluation of over 200 forex brokers |
|
---|---|---|---|---|
ECN Commission per lot, $ |
3,5 | 3 | 3,5 | |
ECN Spread EUR/USD | 0,1 | 0,1 | 0,17 pips | |
ECN Spread GBP/USD | 0,1 | 0,15 | 0,21 pips |
What is Bourse Direct’s average EUR/USD spread?
The average spread on Bourse Direct varies depending on the type of account you choose and the current level of market volatility. For example, the typical spread for EUR/USD is around 0,1 pips on an ECN or RAW account, which usually comes with a commission, while on a standard commission-free account, the spread tends to be higher—about 1,1 pips.
Bourse Direct non-trading fees
We conducted an analysis of Bourse Direct’s non-trading fees to provide a detailed overview of the additional costs that may affect traders outside their regular trading activities.
Bourse Direct Non-Trading Fees
Bourse Direct | Plus500 | Pepperstone | |
---|---|---|---|
Deposit fee, % The indicated amount excludes potential fees charged by payment systems and banks. |
No
|
No
|
No
|
Withdrawal fee, % The indicated amount does not include possible fees from payment systems and banks. |
No
|
No
|
No
|
Withdrawal fee, USD The indicated amount does not include possible fees from payment systems and banks. |
No
|
No
|
No
|
Inactivity fee ($, per month) |
No
|
10 |
No
|
What is the cost of executing one Forex lot with Bourse Direct?
The cost of executing 1 standard lot (100,000 units) with Bourse Direct depends on the account type and market volatility, which can vary significantly throughout the day. On ECN/RAW accounts, traders pay the market spread plus a fixed commission, while on Standard accounts, spreads may fluctuate more, but no commission is charged. We calculated the approximate execution cost for 1 lot during peak market hours.
Spread cost in USD | Commission ($ per lot) | Total cost in USD | |
---|---|---|---|
ECN/Raw account | 1 | 3.5 | 4.5 |
Standard account | 10.5 | 0 | 10.5 |
Understanding Forex trading costs
When evaluating a Forex broker, it is essential to consider several factors that can directly impact the overall cost of executing trades, beyond just the average spread. Here are some key considerations:
Liquidity and daily turnover
Higher liquidity and larger daily turnover generally lead to tighter spreads and reduced slippage.
Top 3 Forex brokers by trading turnover
Broker | Daily turnover ($, billion) |
---|---|
IC Markets | 29 |
Saxo Bank | 20,01 |
StoneX | 18,6 |
Order Execution Speed
Faster order execution can reduce slippage, helping to ensure that trades are completed at the expected prices. Execution speed is typically highest on ECN accounts.
Bourse Direct supports ECN trading execution, which typically offers the fastest speeds, tighter spreads, and direct access to liquidity providers
Free VPS
A free VPS provides a stable, high-speed connection, which can reduce latency and slippage, especially for automated trading systems and high-frequency trading. This helps ensure consistent performance and potentially lower execution costs.
Bourse Direct provides traders with free VPS hosting to ensure stable and low-latency execution.
Bourse Direct extra services for active traders vs competitors
The table below compares the extra services offered by Bourse Direct for active traders with those of its competitors. These features can enhance trading efficiency and strategy implementation. The comparison showcases how Bourse Direct stands out in meeting the needs of active traders through its advanced tools, such as API and TradingView integration, and convenient options like one-click trading and support for scalping.
Bourse Direct services for active traders
Bourse Direct | Plus500 | Pepperstone | |
---|---|---|---|
API |
No
|
No
|
Yes
|
Signals (alerts) |
Yes
|
Yes
|
Yes
|
TradingView integration |
No
|
Yes
|
Yes
|
Trading bots (EAs) |
Yes
|
Yes
|
Yes
|
Scalping |
No
|
Yes
|
Yes
|
One click trading |
Yes
|
Yes
|
Yes
|
Minimizing trading costs: Expert tips
Choosing the right Forex broker is crucial for minimizing costs and boosting profitability. Below are expert insights from our recent fee analysis to help you make informed choices and maximize your trading returns.
Beyond spreads and commissions, it's crucial to consider overnight financing charges, also known as swap rates. These fees apply to positions held open past the daily cutoff time, typically 5 PM EST.
For traders engaging in longer-term strategies or swing trading with Bourse Direct, these swap rates can significantly affect overall profitability. Bourse Direct calculates these charges based on the interest rate differential between the two currencies in the traded pair. Depending on the direction of your trade and the prevailing interest rates, traders may either pay or receive a swap fee. Some traders even employ a strategy known as "carry trading," which focuses on capturing positive swaps.
Note that many brokers apply triple swap charges on Wednesday or Friday to account for the weekend. This means the overnight fee is tripled on these days.
Bourse Direct Swap Fees
Bourse Direct | Plus500 | Pepperstone | |
---|---|---|---|
Swap Rates EUR/USD (Long) | -0,545 | -0,125 | -0,765 |
Swap Rates EUR/USD (Short) | 0,100 | 0,000 | 0,090 |