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Afterprime vs IC Markets (Raw): USDZAR

IC Markets (Raw) costs $1036.24/lot on USDZAR. Afterprime costs $404.88/lot. 61.0% lower, zero commission.

Start Trading USDZAR

Afterprime USDZAR

$404.88/lot

IC Markets (Raw) USDZAR

$1036.24/lot

You save per 100 lots

$63136 @Afterprime

Afterprime vs IC Markets (Raw) USDZAR Cost Comparison

Cost Component	Afterprime	IC Markets (Raw)
All-in spread (pip)	40.49	103.62
Commission	$0	Varies by account
Net cost per lot	$404.88	$1036.24
Flow Rewards	N/A	None
Net after Flow Rewards	$404.88/lot	$1036.24/lot
Saving vs Afterprime	—	61.0% more expensive

Current month rate shown. Source: Forexbenchmark.com. Previous 7 Days Range. Incl. Commissions + Spreads.

This comparison uses IC Markets (Raw)'s pricing for USDZAR, verified by Forexbenchmark.com, which represents their lowest all-in cost offering.

Who Gets the Better Deal?

Scalpers / High Frequency

Afterprime wins on cost

At 61.0% lower cost per lot, Afterprime is materially cheaper for scalpers trading USDZAR at volume. On 500 lots/month the cost difference is $315680.

Swing Traders

Overnight cost matters too

For traders holding positions overnight, swap rates are the secondary cost factor. Check USDZAR swap rates for a direct overnight cost comparison.

Algo / EA Traders

Sub-50ms, zero commission

Sub-50ms execution and zero commissions make Afterprime a stronger choice for automated trading than IC Markets (Raw).

Afterprime vs IC Markets (Raw) USDZAR FAQs.

Is Afterprime cheaper than IC Markets (Raw) for USDZAR?+

Yes. Based on current live data, Afterprime's all-in USDZAR cost is $404.88/lot versus IC Markets (Raw)'s $1036.24/lot, a 61.0% difference. On 100 lots that's $63136 in your favour.

Does IC Markets (Raw) charge commission on USDZAR?+

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.

What is Afterprime's Flow Rewards and how does it affect the comparison?+

Flow Rewards is a structural rebate of up to $3/lot paid back to active traders. Flow Rewards is not available for USDZAR

How often is this data updated?+

Spread and cost data is sourced from Forexbenchmark.com's feed and reflects current market conditions. Data is refreshed approximately every 12 hours.

Learn more about trading USDZAR at Afterprime

USDZAR Trading Conditions →USDZAR Swap Rates →USDZAR Market Hours →Afterprime vs Pepperstone UK (.r) USDZAR →Afterprime vs IC Markets (Raw) — All Pairs →

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