The commission is the fee charged per trade when you open and close a position on your trading account. This fee is applied in addition to the spread and represents the cost of executing trades.

The commission structure varies based on the broker of your choice and is calculated to provide a trading experience close to real market conditions. Typically, its calculated per lot (a standard trading unit) and can vary depending on the asset class you are trading, such as forex, indices, or commodities.

For detailed information on the specific commission rates for your account, please refer to the broker’s fee schedule.