Afterprime

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Afterprime 2024 Broker Review

Written by:

ForexBrokerTalk

Fact checked by:

ForexBrokerTalk

Recommended for

Traders who require ultra low spreads

Trust Level: Average

  • Regulated by: FSA (Seychelles), ASIC
  • Brand new broker, spun off of Global Prime

Popularity

65 people chose this broker in the last 6 months

Introduction To AfterPrime

After Prime is a brand new broker, spun off from Global Prime and it’s founders. After Prime is headed by Jeremy Kinstlinger a forex industry veteran. Additionally the broker is regulated by FSA (Seychelles), CySEC (Cyprus). After Prime seems to base it’s model on being a transparent broker offering the lowest spread possible.

After Prime offers forex, CFD, and crypto trading. While their commissions aren’t much to be excited for ($3.50 USD per side), they offer ultra low spreads which will benefit traders. Additionally they offer a decent selection of trading platforms – MetaTrader 4, TradingView, TraderEvolution, Webtrader, and FIX API trading. It would be nice to see After Prime offer MetaTrader 5 and cTrader however.

After Prime is a brand new forex brokerage, but due to their ultra low spreads it’s worth keeping an eye out on them.

$0

Minimum Deposit

$3.50

FX Commission
(per lot)

Yes

Free Demo Account

No

Inactivity fee

Pros

Very low spreads

Variety of trading platforms

Cons

Brand new broker

No MT5 or cTrader

1:200 leverage

Video Review

Coming soon!

AfterPrime Quick Facts

Country Headquarters

Sydney, Australia

Instruments Offered

Forex, Metal, Stock Indices, Crypto

Base Account Currency

USD, GBP, EUR, JPY, CAD, SGD, AUD

Minimum Deposit

$0

Withdrawal Fee

None

Account Verification Time

1 day

Deposit Options

Wire Transfer, Card, Perfect Money, Neteller, Skrill, FasaPay, and more!

Accepts crypto deposit

Yes

Trading Platforms

MT4, Webtrader, TradingView, and TraderEvolution

Demo Accounts

Yes

VPS Offered

Yes

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Afterprime Trading Account Types 4.7 / 5

Afterprime takes a different approach to trading account types. Most brokers offer several different trading account types to cater to different trader’s needs. However, Afterprime only offers one type of account; called “Live”.

Traders who sign up for Afterprime’s live account get full access to the brokers trading catalog, which includes;

Trading InstrumentOffered By Afterprime?
Forex✅
Stock Indices✅
Futures✅
Commodities (Metal, Energy, etc)✅
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Commissions & Fees 4.3 / 5

Trading Fees At AfterPrime:

Afterpime offers a commission based fee structure for trading. To learn more about commissions, and how brokers make their money, see our commission and fee guide here.

Commissions for Afterprime’s live account start at just $3.50 per side ($7 per round trip).

Non-Trading Fees At AfterPrime:

Afterprime does not charge additional fees for depositing or withdrawing funds. Additionally there are no account in activity fees.

Overall, we have found that Afterprime fee structure is on pace with the industry average.

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Deposit and withdrawal 4.8 / 5

AfterPrime offers a wide range of deposit options, including crypto!

  • Card
  • Bank Wire
  • Perfect Money
  • Skrill
  • Neteller
  • FasaPay
  • Crypto – BTC, LTC, USDT
  • DragonPay
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Trading Platforms 4.3 / 5

We have found that Afterpime offers a great selection of trading platforms, which includes;

  • MetaTrader 4
  • Web Trader
  • TradingView
  • TraderEvolution

While it would be nice if the broker offered MetaTrader 5, we think that the current selection of platforms is more than enough to satisfy any trader’s needs.

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Customer Support 4.0 / 5

After Prime offers support via email, live chat, and phone. Their support team is available 24/5.

One unique feature about Afterprime is that they offer a community discord server, where traders can interact with each other, share trading ideas, get support, and more. This is a feature we haven’t seen from other brokers before.

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Other 3.9 / 5

Some other cool features that After Prime offers:

  • Free demo accounts (no live account required)
  • Community Discord Server
  • Free VPS available
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Frequently Asked Questions

Is AfterPrime Regulated?

Yes, Afterprime Ltd is regulated by the ASIC and FSA.

Does AfterPrime offer MT4?

Yes, AfterPrime offers the trading platform MT4 for it’s clients.

What Deposit Options Does AfterPrime Offer?

You may deposit funds to AfterPrime via; card, FasaPay, Neteller, Skrill, Gate8, DragonPay, VNPay, Pagsmile, PerfectMoney, Interac, and bank wire.

What are AfterPrime Commissions and Fees?

AfterPrime trading commissions are $7 USD per lot traded on forex and metal pairs.

Does AfterPrime Have a Sign Up Bonus?

If you refer a friend to AfterPrime you can earn up to $100 AUD to your trading account.

Pros and Cons Of Afterprime

During our analysis of Afterprime we have found the following pros and cons that traders should be aware of when evaluating this broker:

Pros:

  • Incredibly low spreads
  • Good selection of trading platforms
  • Accept crypto for fund deposit and withdrawals

Cons:

  • 1:200 leverage maximum
  • Only one type of live account
  • Newer broker

About ForexBrokerTalk

ForexBrokerTalk is a free service which helps both new and experienced traders find the best forex broker for their needs. As an impartial party we have reviewed more than 50 different forex brokers, with new brokers being added everyday. Additionally we offer a free newsletter to keep traders up to date on the latest in forex broker news, promotions, and more! Have any questions? Click here to contact us and we’ll be happy to help.

4.5 / 5

ForexBrokerTalk Final Score

Although AfterPrime is a relativity new broker, the founds are veterans of the industry. We think AfterPrime is a safe choice for any forex or CFD trader.

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