Sorry, the commission fee should be: $50 x 2 + 5 = $105, then 105 x2 = $210. It still is very expensive, isn't it?
No,it's a little bit different.
In my case, for each set, I mean, a complete buy-sell trade, I should pay $50 commission fee, a part from the 5 pips spread, i.e., I should encounter a $100 floating loss, at the moment I put up an order.