Total Commissions / Fees / Swap
Definition
The total amount of commissions and fees incurred from your trades, after accounting for any positive or negative swaps.
Formula
Total Commissions/Fees Net = Total Commissions + Total Fees – Total Swap
Example
- Total Commissions: $500
- Total Fees: $150
- Total Swap: -$80 (negative because swap can be income)
- Total Commissions/Fees Net = $500 + $150 + $80 = $730
Key Points
- True Trading Costs: Provides a more accurate picture of the total costs directly associated with your trading activity.