Rakuten Australia costs $11.00/lot on USDJPY. Afterprime costs $5.20/lot. 53.0% lower, zero commission.
| Cost Component | Afterprime | Rakuten Australia |
|---|---|---|
| All-in spread (pip) | 0.52 | 1.10 |
| Commission | $0 | Varies by account |
| Net cost per lot | $5.20 | $11.00 |
| Flow Rewards | −$0.40/lot | None |
| Net after Flow Rewards | $4.80/lot | $11.00/lot |
| Saving vs Afterprime | — | 53.0% more expensive |
Flow Rewards rebate of $0.40/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 53.0% lower cost per lot, Afterprime is materially cheaper for scalpers trading USDJPY at volume. On 500 lots/month the cost difference is $2900.
For traders holding positions overnight, swap rates are the secondary cost factor. Check USDJPY swap rates for a direct overnight cost comparison.
Sub-50ms execution and zero commissions make Afterprime a stronger choice for automated trading than Rakuten Australia.
Yes. Based on current live data, Afterprime's all-in USDJPY cost is $5.20/lot versus Rakuten Australia's $11.00/lot, a 53.0% difference. On 100 lots that's $580 in your favour.
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.
Flow Rewards is a structural rebate of up to $3/lot paid back to active traders. The current USDJPY rate is $0.40/lot, bringing Afterprime's net cost to $4.80/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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