Pepperstone Razor vs Standard Account: All-In Cost in Pips
Razor adds 0.70 pips a lot on MT4/5, 0.60 on cTrader. Standard adds a markup Pepperstone's EU pages give as 1 pip or a 0.6 minimum. Both priced.
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Razor adds 0.70 pips a lot on MT4/5, 0.60 on cTrader. Standard adds a markup Pepperstone's EU pages give as 1 pip or a 0.6 minimum. Both priced.
IC Markets' own schedule, converted to pips: the $0-tier raw account costs 0.80 all in, exactly Standard's 0.8 floor. The break-even rule, worked.
Double the per-side commission, divide by $10 a pip: $3.50 is 0.70 pips. Four raw-account schedules read on 14 September 2026, converted line by line.
Two low-cost schedules converted into the only unit that permits comparison — pips per standard lot, round turn. One raw account prices at 0.45 before spread, the other at 0.60, and neither figure is an average.
More brokers than ever publish average spreads and commission schedules side by side. The number that matters is still the one nobody prints: the all-in cost, in pips.