How much does the bid-ask spread cost me on this forex trade?

How this is calculated

• The spread is the built-in cost of entering a forex trade: you buy at the ask and immediately hold a position worth the bid, and that gap is a cost you pay before the trade has moved at all.
• Spread cost in USD equals the pip value of your position multiplied by the spread in pips. Pip value uses the same convention as our pip value calculator: pip size times units directly when USD is the quote currency, or pip size times units divided by the exchange rate when USD is the base currency.
• Pip size is 0.0001 for most pairs and 0.01 for JPY-quoted pairs like USD/JPY, matching standard forex convention.
• This spread cost is a one-way cost paid on entry. Some brokers charge it once as the quoted spread, others also add a separate commission per side, check your own broker's fee schedule for the full round-trip cost.
• If you enter trades per day, the daily/weekly/monthly figures simply multiply the single-trade spread cost by trade count, assuming every trade is the same size and pair.