IC Markets (Raw) costs $11.50/lot on NZDJPY. Afterprime costs $5.66/lot. 50.0% lower, zero commission.
| Cost Component | Afterprime | IC Markets (Raw) |
|---|---|---|
| All-in spread (pip) | 0.57 | 1.15 |
| Commission | $0 | Varies by account |
| Net cost per lot | $5.66 | $11.50 |
| Flow Rewards | −$0.50/lot | None |
| Net after Flow Rewards | $5.16/lot | $11.50/lot |
| Saving vs Afterprime | — | 50.0% more expensive |
Flow Rewards rebate of $0.50/lot is a structural edge paid back to active traders.Current month rate shown. Source: Forexbenchmark.com. Previous 7 Days Range. Incl. Commissions + Spreads.
At 50.0% lower cost per lot, Afterprime is materially cheaper for scalpers trading NZDJPY at volume. On 500 lots/month the cost difference is $2920.
For traders holding positions overnight, swap rates are the secondary cost factor. Check NZDJPY swap rates for a direct overnight cost comparison.
Sub-50ms execution and zero commissions make Afterprime a stronger choice for automated trading than IC Markets (Raw).
Yes. Based on current live data, Afterprime's all-in NZDJPY cost is $5.66/lot versus IC Markets (Raw)'s $11.50/lot, a 50.0% difference. On 100 lots that's $584 in your favour.
IC Markets (Raw)'s all-in cost includes spread and any applicable commission depending on account type. Afterprime charges $0 commission on all trades cost is entirely spread-based.
Flow Rewards is a structural rebate of up to $3/lot paid back to active traders. The current NZDJPY rate is $0.50/lot, bringing Afterprime's net cost to $5.16/lot.
Spread and cost data is sourced from Forexbenchmark.com's feed and reflects current market conditions. Data is refreshed approximately every 12 hours.
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