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Customer Notice

Trading derivatives is high risk. Losses can exceed your initial investment. You should only trade with money you can afford to lose. Any Information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs. Past performance of any product described on this website is not a reliable indication of future performance. You should consider whether you’re part of our target market by reviewing our Target Market Determination, and read our PDS and other legal documents to ensure you fully understand the risks before you make any trading decisions.

The information on this website is not intended to be an inducement, offer or solicitation to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© Copyright 2018-2026 Afterprime Pty Ltd - FSA Seychelles #SD057 | Global Gateway 8, Rue de la Perle, Providence, Mahé, Seychelles.

Afterprime vs FXPIG Comparison

Independent data, verified spreads, and total cost analysis across 50-1,000 lot monthly volumes.
Compare Your Cost

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Total Trading Cost Breakdown

Broker
Pairs
Cost Per Lot
(Including Commission)
% Savings
(vs Afterprime)
Afterprime
All
$5.75
0%
FXPIG
All
$11.69
51%

Source: ForexBenchmark - Previous 7 Days Range | All Pairs | Incl. Commissions + Spreads. (Last Updated: 29 June 2026)

FXPIG 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.

Trading Cost by Forex Major

FX Pair
FXPIG
Net Cost/lot
Afterprime
Net Cost/lot + Flow RewardsTM
Cost Savings
(vs Afterprime)
EURUSD
Hide By Volume
$6.61
$3.21
$3.40

Cost by Volume - EURUSD

VolumeFXPIGAfterprimeSaved
50 lots$330.50$160.50$170.00
100 lots$661.00$321.00$340.00
250 lots$1652.50$802.50$850.00
500 lots$3305.00$1605.00$1700.00
1000 lots$6610.00$3210.00$3400.00
GBPUSD
Show By Volume
$9.97
$5.85
$4.12
USDJPY
Show By Volume
$8.62
$4.80
$3.82
USDCHF
Show By Volume
$10.60
$2.36
$8.24
USDCAD
Show By Volume
$10.60
$3.34
$7.26
AUDUSD
Show By Volume
$8.16
$1.96
$6.20
NZDUSD
Show By Volume
$7.55
$3.02
$4.53

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.

Spreads - The Invisible Variable

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).

  • The "Raw" Reality
    Many brokers claim "$0.0 spreads," but the frequency of those spreads actually being available to fill your order is the true metric of quality.
  • The Afterprime Edge
    We focus on spread stability. By curating our flow, we reduce the "noise" and "gapping" that often occurs with retail-heavy brokers, ensuring that the price you see is the price you get, under normal market conditions.

Cost Per Lot Impact - More Than Just Commission

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

  • The Slippage Factor
    If a broker has "cheap" costs but slips your entry by 0.2 pips, that is an extra $2.00 per lot added to your cost that doesn't show up on their pricing page. This is an industry-wide dynamic and does not constitute a specific claim regarding FXPIG's execution quality.
  • Cumulative Friction
    For a high-frequency trader or someone moving 1,000 lots a month, a mere $2.00 difference in total cost per lot is the difference between a $2,000 profit and a $2,000 loss.

How it Affects Total Cost Calculation

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.

  • Volume Weighting
    We analyze how costs scale. As your volume increases, the impact of "Flow RewardsTM becomes the deciding factor. While other brokers keep your commission static regardless of your contribution to the ecosystem, we believe in rewarding "clean" flow.
  • The Logic of "Flow RewardsTM"
    Unlike traditional "cashback" models which are often just rebates of marked-up spreads, Flow RewardsTM are a direct reflection of the value your trading flow brings to our liquidity providers.
  • Insight
    By reducing the "toxic" flow (latency arbitrage, etc.) through our invite-only model, our Liquidity Providers (LPs) can offer us tighter pricing. We simply pass those savings directly back to you.

FXPIG Overview

FXPIG is an online forex and CFD broker founded in 2010, with operations historically based in New Zealand and offshore jurisdictions. The broker serves a global client base and focuses on delivering an ECN-style execution environment with competitive pricing and fast execution speeds. FXPIG aggregates liquidity from multiple providers to offer tight spreads and reliable order execution, supporting both discretionary and algorithmic trading strategies. The broker offers a range of instruments including forex, indices, commodities, and cryptocurrency CFDs, with an emphasis on flexibility for experienced traders.

FXPIG Regulation & Entity Structure

FXPIG operates primarily through an offshore entity, FXPIG Limited, registered in Vanuatu and regulated by the Vanuatu Financial Services Commission (VFSC). The broker previously maintained a presence in New Zealand but now services most international clients via its offshore structure. Client funds are held in segregated accounts in line with regulatory requirements, although investor protections may be more limited compared to top-tier jurisdictions.

FXPIG Trading Platforms

FXPIG supports MetaTrader 4 as its primary trading platform, available on desktop, web, and mobile. The broker also offers API connectivity options for advanced users and supports VPS hosting for low-latency algorithmic trading. While platform selection is more limited compared to larger brokers, MT4 provides full support for expert advisors (EAs) and automated strategies.

FXPIG Account Types

FXPIG offers ECN-style account options with raw spreads from 0.0 pips and commissions typically starting from around $2.50 to $3.50 per lot per side, depending on the account configuration. Minimum deposit requirements are relatively low, generally starting from around $200 USD. The broker also provides flexible account structures tailored to different trading styles, including options suitable for high-frequency and algorithmic traders. Swap-free (Islamic) accounts may be available upon request, and demo accounts are offered for practice trading.

FAQ.

Why is Afterprime invite-only?+

We curate membership to maintain clean order flow. Better flow quality means better liquidity access and more consistent execution for all members.

What volume do I need for Flow Rewards?+

Flow RewardsTM start with your first trade.

How do I verify your execution data?+

Visit ForexBenchmark.com for independent, real-time spread and execution monitoring. We’re listed alongside all major brokers.

Can I switch from FXPIG easily?+

Yes. Most traders transfer accounts in 2-3 business days. We provide a migration checklist and our team assists with the process.

What if my trading style doesn't fit?+

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.

Does Afterprime charge commission like FXPIG?+

No. Afterprime’s commission is zero – structural, not promotional. FXPIG charges commission on its Raw ECN accounts ($5 round turn on EURUSD).

Afterprime’s zero-commission model means the cost you see is the cost you get. The Forexbenchmark.com figure of $3.74/lot on EURUSD already reflects the full cost, no additional commission layer.

Can I use cTrader on Afterprime?+

No. Afterprime does not support cTrader. Supported platforms: MT4, MT5, WebTrader and FIX API.

Ready to Trade at True Low Cost?

Afterprime is invite-only. Apply below and our team
will review your trading profile within 48 hours.