Cost Transparency
All results are from a full execution simulator using actual Oanda bid/ask prices, spread gating, limit order fills, and overnight financing charges. No costs are estimated or subtracted post-hoc — they are embedded in the execution.
Net Return (5x leverage)
+16.37% / yr
After all execution costs
Financing Cost
10.5%
of gross edge (estimated)
What's Included in the Simulation
| Cost | How Modeled |
|---|---|
| Bid/Ask Spread | Actual per-bar spreads from Oanda S5 candles. Entries via limit orders; exits at market. |
| Slippage | Limit orders fill only if price reaches the limit level within TTL. Configurable allowed slip per pair. |
| Spread Gating | Entries blocked when spread exceeds max (EUR/USD: 2.5 pips, EUR/CHF: 5 pips, USD/JPY: 2.5 pips). |
| Overnight Financing | Daily swap charges applied to open positions at Oanda rates. |
| Margin | Positions clamped to broker leverage limit. Margin closeout at 50% NAV. |
Overnight Financing Rates (%/year)
Rates applied nightly for holding positions. Positive = you receive. Negative = you pay. Based on Oanda's published swap rates (Feb 2026), reflecting central bank rate differentials (ECB 2.00%, Fed 3.625%, BoJ 0.75%, SNB 0.00%) plus broker markup.
| Pair | Long | Short |
|---|---|---|
| EUR/USD | -2.680% | +0.600% |
| EUR/CHF | +0.910% | -2.130% |
| USD/JPY | +2.100% | -4.100% |
At a lower-cost broker like Interactive Brokers (~0.4 pip spread vs Oanda's ~0.75, lower financing markups), net returns would be modestly higher.