Independent intelligence for active traders
Realise your true edge.
Trading costs can quietly turn a winning strategy into a losing one.
Spreads, commissions, overnight financing, FX conversion and slippage are constantly shifting. Blotr tracks them in real time and provides the tools to cut your exposure to the broker, without changing your exposure to the market.
Spread impact
Your trading style:
40 trades a day
Win rate
58%
Spread
Average win
Average loss
pips
50% of what you make goes to the broker on spread cost.
Have you considered the FX conversion charged on your profit?
Zero-commission just moved the fees elsewhere
Explicit charges became implicit ones. Brokers now have a high incentive to appear inexpensive but a low incentive to be inexpensive.
Frictional drag decides whether you're profitable
Spreads, commissions, overnight financing, FX conversion and slippage compound into the reason active strategies fail.
Comparison sites are paid for by the brokers
Affiliate-driven listings publish static averages and headline spreads, not the full cost structure. This glosses over what is really going to impact your returns.
Costs don't dent returns.
They move the break-even.
A fraction of a pip could be the difference between a winning strategy and a losing one for active traders. Blotr isolates the total transaction cost element and shows its effect on win rate, P&L ratio and return rate.
Identifying the right product can improve your returns without requiring a change to your trading style. Blotr ensures you're not needlessly giving away alpha.
Which cost matters, by style
Weighting of cost components by trading style
Style
Spread
Swap
Slippage
Scalping
Seconds / minutes
Critical
Negligible
Very high
Day trading
Minutes / hours
High
Low
High
Swing trading
Days / weeks
Moderate
Critical
Moderate
Position trading
Months / years
Low
Critical
Low
Tools that improve your profitability, tuned to your personal trading style
Performance simulator
Set asset, trade size, hold duration and account currency. See every cost component priced by broker, and the fee drag on your performance.
Side-by-side broker comparison
The same inputs, presented as a like-for-like fee comparison so you can see which environment your strategy survives in.
Historical trends
Compare trends across hundreds of brokers by cost type. Spreads that widen quietly at critical moments show up here.
Statement audit
Upload a statement for an ad-hoc report on how costs are affecting your bottom line.
Live trade costs
See the most cost effective instrument across your brokers for each trade, calculated from the actual costs your broker charges you.
Best execution, democratised.
Blotr enables you to see through the marketing and into the real cost mechanics of trading.
Depth nobody else will publish
Blotr provides total cost analysis across multiple brokers.
Blotr.
Brokerage platform
Comparison site
Trade analysis
Assessed based on your personal trading style
Not offered
Not offered
Cost management
Dedicated tools to ensure the best value per trade
Limited offering
Not offered
Fee visibility
Full visibility on all cost components throughout the trade lifecycle
On the ticket before execution, buried in product information documents
Minimum or average static spreads
Broker comparison
Data independently sourced and compared across brokers
Not offered
Broker-supplied, marketing angle
Update frequency
Real-time and historical trends
Real-time only, no historical trends
Historical snapshot only
Decisions grounded in the data
1
Onboard
Choose a broker because they consistently offer good value, not because of a comparison table.
2
Trade
Select a product because it's optimised for your style, not because it's prominent in the platform.
3
Perform
Keep a strategy because it's profitable after costs, not because it's up in pips.
Find out what your broker is really charging you.
Upload a statement for a free audit, or connect your trading accounts for real-time best broker cost analysis as you trade.