When evaluating a forex and cryptocurrency broker, one of the most critical factors traders consider is the cost structure—spreads, commissions, and additional fees. In this comprehensive analysis, we break down Bybit’s fees and spreads to help you understand how they compare with industry standards and top competitors. Our assessment reveals that Bybit earns a score of 8/10 for its fee structure, indicating a low-cost environment for active traders.
Bybit Fees Overview
Bybit offers competitive pricing across its trading accounts, particularly appealing to high-volume and algorithmic traders. Below is a snapshot of key metrics in Bybit’s fee model:
- Avg. ECN spread (EUR/USD): 0.1 pips
- ECN commission per lot: $3
- Withdrawal fee (%): 0%
- Inactivity fee: $0
Notably, Bybit does not support standard forex accounts for major pairs like EUR/USD, focusing instead on ECN/Raw account models that provide tighter spreads and transparent pricing.
Bybit Forex Spreads and Commissions
To determine the true cost of trading on Bybit, we analyzed spreads and commissions across popular account types and compared them with leading brokers such as Plus500 and Pepperstone.
Standard Account Spreads
Bybit does not offer traditional standard accounts for major currency pairs like EUR/USD or GBP/USD. This means traders looking for fixed or floating spreads without commissions must look elsewhere. Brokers like Plus500 and Pepperstone, by contrast, offer floating spreads starting at 0.5 pips on EUR/USD.
👉 Discover how low-cost trading platforms can boost your profit margins
While Bybit lacks standard account options, its focus on ECN-based pricing ensures more transparency and better execution for experienced traders.
ECN/Raw Account Spreads and Commissions
Bybit’s ECN/Raw account is where it truly shines. These accounts feature market-driven spreads with no broker markup, making them ideal for scalpers, day traders, and automated systems.
| Feature | Bybit | Industry Average |
|---|---|---|
| ECN Commission per lot ($) | $3 | $3.50 |
| EUR/USD Spread | 0.1 pips | 0.17 pips |
| GBP/USD Spread | 0.2 pips | 0.21 pips |
Bybit undercuts the industry average in both spread tightness and commission costs, positioning itself as one of the most cost-efficient platforms for forex trading.
What Is Bybit’s Average EUR/USD Spread?
The average EUR/USD spread on Bybit is approximately 0.1 pips on ECN/Raw accounts. This exceptionally tight spread is made possible through direct access to deep liquidity pools and advanced matching engines.
During periods of high volatility—such as major economic announcements—spreads may widen temporarily. However, Bybit’s infrastructure ensures minimal slippage and fast order execution, helping traders maintain control over entry and exit points.
For traders using standard commission-free accounts (not available on Bybit), average spreads typically range between 0.5–1.5 pips depending on market conditions.
Bybit Non-Trading Fees
Beyond trading costs, non-trading fees can significantly impact long-term profitability—especially for part-time or inactive traders.
| Fee Type | Bybit | Plus500 | Pepperstone |
|---|---|---|---|
| Deposit Fee (%) | 0% | 0% | 0% |
| Withdrawal Fee (%) | 0% | 0% | 0% |
| Inactivity Fee (per month) | $0 | $10 | $0 |
Bybit stands out by charging no inactivity fees, unlike Plus500, which imposes a $10 monthly charge after three months of inactivity. This makes Bybit an excellent choice for traders who may take breaks from the market without penalty.
Additionally, Bybit applies no deposit or withdrawal fees, although users should be aware that blockchain network fees may apply when withdrawing cryptocurrencies.
Cost of Executing One Forex Lot on Bybit
Understanding the total cost per trade is essential for managing risk and optimizing returns. Here's how much it costs to execute one standard lot (100,000 units) on Bybit:
| Account Type | Spread Cost (USD) | Commission ($/lot) | Total Cost (USD) |
|---|---|---|---|
| ECN/Raw Account | $1 (0.1 pips) | $3 | $4 |
| Standard Account | N/A | N/A | N/A |
On an ECN account, the total cost comes to $4 per round turn (entry and exit). This includes:
- $1 for the spread (based on 0.1 pips)
- $3 commission (split into $1.50 per side)
This places Bybit among the most affordable brokers for frequent traders, especially when compared to the industry average total cost of around $5–$7 per lot.
Understanding Forex Trading Costs
Trading costs go beyond just spreads and commissions. Several factors influence overall execution efficiency and profitability.
Liquidity and Daily Turnover
High liquidity leads to tighter spreads and reduced slippage. Brokers with large daily trading volumes are better positioned to offer consistent pricing.
Top 3 Forex Brokers by Daily Turnover
- IC Markets: $29 billion
- Saxo Bank: $20.01 billion
- StoneX: $18.6 billion
While Bybit doesn't publish exact turnover figures, its integration with major liquidity providers ensures strong depth of market and reliable pricing.
Order Execution Speed
Fast execution minimizes slippage and improves trade outcomes—especially crucial during volatile news events.
Bybit supports ECN-level execution, delivering rapid order processing and direct market access. This benefits algorithmic traders and those using high-frequency strategies.
👉 See how fast execution can improve your trading performance
Free VPS Services
A Virtual Private Server (VPS) allows traders to run bots and Expert Advisors (EAs) with minimal latency. While Bybit currently does not offer free VPS, competitors like Pepperstone and OANDA provide this service to qualifying clients.
Traders requiring 24/7 connectivity may need to arrange third-party VPS solutions when using Bybit.
Extra Services for Active Traders
Bybit offers several advanced tools tailored to active and professional traders:
| Feature | Bybit | Plus500 | Pepperstone |
|---|---|---|---|
| API Access | ✅ Yes | ❌ No | ✅ Yes |
| TradingView Integration | ✅ Yes | ✅ Yes | ✅ Yes |
| Trading Bots (EAs) Support | ✅ Yes | ✅ Yes | ✅ Yes |
| Scalping Allowed | ✅ Yes | ✅ Yes | ✅ Yes |
| One-Click Trading | ✅ Yes | ✅ Yes | ✅ Yes |
With full API support and seamless TradingView integration, Bybit empowers users to automate strategies, set custom alerts, and execute trades directly from charts.
Minimizing Trading Costs: Expert Tips
Reducing trading costs isn't just about choosing a low-spread broker—it's about understanding all components of your trading expenses.
Monitor Swap Rates (Overnight Financing)
If you hold positions overnight, swap fees apply. These are calculated based on the interest rate differential between the two currencies in a pair.
- Long positions in high-interest-rate currencies may earn positive swaps.
- Short positions in such currencies often incur higher charges.
- Triple swaps are applied on Wednesdays (for forex) to account for weekend rollover.
Bybit displays real-time swap rates in its platform, allowing traders to plan accordingly.
👉 Learn how smart funding strategies can reduce holding costs
Trade During High-Liquidity Hours
Execution quality improves during peak sessions:
- London Session (8 AM–5 PM GMT)
- New York Session (1 PM–10 PM GMT)
Overlap periods (e.g., 1 PM–5 PM GMT) typically offer the tightest spreads.
Frequently Asked Questions (FAQ)
Q: Does Bybit charge withdrawal fees?
A: No, Bybit does not charge any withdrawal fees. However, network fees may apply depending on the blockchain used for cryptocurrency withdrawals.
Q: Is scalping allowed on Bybit?
A: Yes, scalping is fully permitted on all account types, including ECN accounts, making Bybit a favorite among short-term traders.
Q: Are there inactivity fees on Bybit?
A: No, Bybit does not impose inactivity fees, giving traders flexibility to trade on their own schedule.
Q: What is the minimum deposit on Bybit?
A: There is no minimum deposit requirement, allowing beginners and professionals alike to start trading with any amount.
Q: Does Bybit offer a free VPS?
A: Currently, Bybit does not offer free VPS hosting. Traders needing low-latency connections must use external VPS providers.
Q: How are swap fees calculated on Bybit?
A: Swap fees are based on interbank interest rate differences and are charged or credited when positions are held past 5 PM EST.
By leveraging low spreads, zero non-trading fees, and robust tools for automation, Bybit delivers a highly competitive environment for modern forex and crypto traders. Whether you're a scalper, swing trader, or algo developer, understanding these cost dynamics can significantly enhance your trading efficiency and profitability.