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Afterprime vs Rakuten Australia: NZDJPY

Rakuten Australia costs $29.00/lot on NZDJPY. Afterprime costs $5.59/lot. 81.0% lower, zero commission.

Start Trading NZDJPY

Afterprime NZDJPY

$5.59/lot

Rakuten Australia NZDJPY

$29.00/lot

You save per 100 lots

$2341 @Afterprime

Afterprime vs Rakuten Australia NZDJPY Cost Comparison

Cost Component	Afterprime	Rakuten Australia
All-in spread (pip)	0.56	2.90
Commission	$0	Varies by account
Net cost per lot	$5.59	$29.00
Flow Rewards	−$0.50/lot	None
Net after Flow Rewards	$5.09/lot	$29.00/lot
Saving vs Afterprime	—	81.0% 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.

This comparison uses Rakuten Australia's pricing for NZDJPY, 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 81.0% lower cost per lot, Afterprime is materially cheaper for scalpers trading NZDJPY at volume. On 500 lots/month the cost difference is $11705.

Swing Traders

Overnight cost matters too

For traders holding positions overnight, swap rates are the secondary cost factor. Check NZDJPY 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 Rakuten Australia.

Afterprime vs Rakuten Australia NZDJPY FAQs.

Is Afterprime cheaper than Rakuten Australia for NZDJPY?+

Yes. Based on current live data, Afterprime's all-in NZDJPY cost is $5.59/lot versus Rakuten Australia's $29.00/lot, a 81.0% difference. On 100 lots that's $2341 in your favour.

Does Rakuten Australia charge commission on NZDJPY?+

Rakuten Australia'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. The current NZDJPY rate is $0.50/lot, bringing Afterprime's net cost to $5.09/lot.

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 NZDJPY at Afterprime

NZDJPY Trading Conditions →NZDJPY Swap Rates →NZDJPY Market Hours →Afterprime vs FXChoice (Pro) NZDJPY →Afterprime vs Rakuten Australia — All Pairs →

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