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.

Afterprime vs Rakuten Australia: NZDUSD

Rakuten Australia costs $24.00/lot on NZDUSD. Afterprime costs $3.82/lot. 84.0% lower, zero commission.

Start Trading NZDUSD

Afterprime NZDUSD

$3.82/lot

Rakuten Australia NZDUSD

$24.00/lot

You save per 100 lots

$2018 @Afterprime

Afterprime vs Rakuten Australia NZDUSD Cost Comparison

Cost Component	Afterprime	Rakuten Australia
All-in spread (pip)	0.38	2.40
Commission	$0	Varies by account
Net cost per lot	$3.82	$24.00
Flow Rewards	−$0.80/lot	None
Net after Flow Rewards	$3.02/lot	$24.00/lot
Saving vs Afterprime	—	84.0% more expensive

Flow Rewards rebate of $0.80/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 NZDUSD, 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 84.0% lower cost per lot, Afterprime is materially cheaper for scalpers trading NZDUSD at volume. On 500 lots/month the cost difference is $10090.

Swing Traders

Overnight cost matters too

For traders holding positions overnight, swap rates are the secondary cost factor. Check NZDUSD 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 NZDUSD FAQs.

Is Afterprime cheaper than Rakuten Australia for NZDUSD?+

Yes. Based on current live data, Afterprime's all-in NZDUSD cost is $3.82/lot versus Rakuten Australia's $24.00/lot, a 84.0% difference. On 100 lots that's $2018 in your favour.

Does Rakuten Australia charge commission on NZDUSD?+

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 NZDUSD rate is $0.80/lot, bringing Afterprime's net cost to $3.02/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 NZDUSD at Afterprime

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

Quick Links

Markets

Trading Platforms

Afterprime