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Source: ForexBenchmark - Previous 7 Days Range | All Pairs | Incl. Commissions + Spreads. (Last Updated: 12 June 2026)
FXCM costs reflect spread including commission on standard lot. Afterprime costs include zero commission with Flow Rewards™ applied at standard eligible rates. Comparisons are on a like-for-like account basis.
| Volume | FXCM | Afterprime | Saved |
|---|---|---|---|
| 50 lots | $368.00 | $159.50 | $208.50 |
| 100 lots | $736.00 | $319.00 | $417.00 |
| 250 lots | $1840.00 | $797.50 | $1042.50 |
| 500 lots | $3680.00 | $1595.00 | $2085.00 |
| 1000 lots | $7360.00 | $3190.00 | $4170.00 |
Source: ForexBenchmark - Previous 7 Days Range | All Pairs | Incl. Commissions + Spreads. (Last Updated: )
Afterprime net cost figures include Flow Rewards™ at $0.40/lot (round turn), applicable to eligible client accounts on qualifying instruments. Flow Rewards™ rates may vary. See Flow Rewards for full eligibility criteria.
Cost comparisons are based on third-party data and are for informational purposes only. Trading involves significant risk of loss. Individual trading costs will vary based on account type, instrument, and market conditions.
The spread is the primary cost of entry for any trader, but it is rarely static. Most brokers quote "typical" spreads that fluctuate wildly during high volatility or low liquidity periods (like the New York/London crossover or market open).
Traders often make the mistake of looking at commission in isolation. A low commission is meaningless if it’s paired with wide spreads or poor execution (slippage).
The Total Cost Per Lot formula is: (Spread in Pips x Pip Value) + Round Turn Commission = Total Cost
When we calculate the comparison between Afterprime and other brokers, we don't just look at a snapshot. We aggregate data across different market sessions to provide a "Net Cost" profile.
FXCM (Forex Capital Markets) is a global online forex and CFD broker founded in 1999 and headquartered in London, United Kingdom. FXCM is one of the longest-standing retail forex brokers in operation and is the majority-economic-interest subsidiary of the Jefferies Financial Group, which is publicly listed on the New York Stock Exchange. The broker serves retail, active trader, and institutional client segments across multiple jurisdictions and offers access to over 300 CFD instruments, including 43 forex pairs, indices, commodities, fractional shares, and cryptocurrency CFDs. FXCM is known for its proprietary Trading Station platform and a broad ecosystem of third-party algorithmic trading integrations.
FXCM operates through multiple regulated entities. Forex Capital Markets Limited is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under registration number 217689. FXCM Australia Pty Limited is regulated by the Australian Securities and Investments Commission (ASIC). FXCM EU Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). FXCM South Africa (PTY) LTD is regulated by the Financial Sector Conduct Authority (FSCA). Client funds are held in segregated accounts across all entities.
FXCM’s primary proprietary platform is Trading Station, available on desktop, web, and mobile. The broker also supports MetaTrader 4 and TradingView. Additionally, FXCM integrates with Capitalise AI for code-free algorithmic strategy deployment, and with NinjaTrader and ZuluTrade for copy trading and advanced algorithmic applications. MetaTrader 5 is not available at FXCM.
FXCM offers a Standard account and an Active Trader account. The Standard account requires a minimum deposit of $50 under ASIC and FSCA entities, or $300 under FCA and CySEC entities, and features floating spreads from 1.3 pips on major forex pairs with no separate commissions. The Active Trader account is designed for high-volume traders and offers volume-based rebate pricing, with active traders able to reduce effective costs to $5.50 per round-turn lot under certain tiers. Professional accounts are available to eligible clients under CySEC, FCA, and ASIC regulation, with leverage up to 1:200. Spread Betting accounts are available to UK residents under FCA regulation. Swap-free (Islamic) accounts are available under CySEC, FCA, ASIC, and FSCA entities.
We curate membership to maintain clean order flow. Better flow quality means better liquidity access and more consistent execution for all members.
Flow RewardsTM start with your first trade.
Visit ForexBenchmark.com for independent, real-time spread and execution monitoring. We’re listed alongside all major brokers.
Yes. Most traders transfer accounts in 2-3 business days. We provide a migration checklist and our team assists with the process.
Afterprime is built for system-based traders who track performance and care about total cost. If you trade sporadically or prefer market execution without analysis, we’re probably not the best fit.
FXCM was founded in 1999 and was once listed on the NYSE before restructuring. The restructuring in 2017 involved significant losses for retail clients — a material fact that’s rarely included in “trusted broker” lists. Afterprime Ltd is regulated by the FSA Seychelles, license SD057, with client funds held at ABSA Bank Seychelles Limited. Both are regulated. Neither is immune to market events.
FXCM offers MT4 and its proprietary Trading Station. Afterprime supports MT4, MT5, WebTrader, FIX API, and TraderEvolution. If you use Trading Station specifically, FXCM is the only option. For MT4 users, the execution and cost comparison clearly favours Afterprime.
Afterprime is a CFD broker and does not offer spread betting, which is a UK-specific tax-efficient product. If spread betting is your instrument, FXCM has that product and Afterprime doesn’t. For CFD trading, Afterprime’s zero-commission model and lower all-in costs apply.
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will review your trading profile within 48 hours.