Afterprime Forex broker review — Everything you need to know

Afterprime LTD is a brokerage company that is registered and regulated in two different jurisdictions. The broker is a Forex and CFDs broker that offers one of the most competitive trading conditions in the industry. It has been around since 2018 and is regulated in Seychelles by the Financial Services Authority (FSA) and in BVI (British Virgin Islands). Afterprime distinguishes itself from other brokers by a simplistic approach where it offers just one trading account with 0 pip spreads and commissions. The minimum deposit requirements are also very low and traders can start with any amount.

Afterprime Overview of the website

The website of Afterprime is simple and responsive. Traders can quickly navigate into its intuitive interface to find all relative information regarding accounts, platforms, pricing, spreads, and so on. There are also links for the Discord channel and economic calendar. The broker’s website is truly useful as it serves its purpose to allow users to understand every crucial information and detail about trading at Afterprime. The support is also quick and responsive if traders can not find anything on the website, which was tested by our team.

Afterprime Accounts Reviewed

Afterprime offers only one account type for live trading and there is also a demo account. The broker had several account options but it reduced it to just one account.

On the live Afterprime account traders have the following specs:

• Minimum deposit – 1 USD
• Maximum leverage – 1:200 (negotiable to 1:400)
• Spreads from – 0.0 pips (average – 0.2 pips)
• Commissions – 7 USD per lot roundtrip

The broker is super competitive as it requires no minimum deposit and offers flexible leverage levels. Traders can request to get 1:400 and the support will grant them 1:400 leverage. However, the maximum leverage on commodities and other assets other than FX is 1:100, which is low but still very flexible. The account creation process is very simple, traders log in to their accounts and select the platform to create a demo or live trading account. The demo offers the same conditions as the live account, which is useful.

Deposit and withdrawal options at Afterprime

Deposits and withdrawals are fast and commission-free at Afterprime. The deposits are instant and withdrawals are processed on the same day. Withdrawal requests submitted before 10 AM AEST/11 AM AEDT (00:00 GMT) will be processed on the same day, so traders have to time their withdrawal requests to get their funds on the same day.

Afterprime supports the following payment methods for both deposits and withdrawals: wire transfers, bank cards, Neteller, Skrill, cryptos, VNPay, Gate 8, and Dragon Pay. From cryptos BTC, ETH, and many more cryptos are supported for payments, which is flexible.

Overall, the deposit and withdrawal experience is top-notch at Afterprime as the broker allows seamless withdrawals with fast and commissionless processing.

Afterprime Assets — What can you trade?

The broker is a multi-asset broker that offers access to Forex pairs, commodities, indices, cryptos, and even stocks. The broker offers flexible leverage to control large position sizes and maximize profit potential. There are major pairs, minors, and exotics offered, and traders can access metals and energies, and many popular crypto altcoins together with BTC.

Overall, Afterprime is a multi-asset broker that provides access to a diverse set of asset classes, enabling fast trade execution at low spreads.

Trading platforms of Afterprime

When it comes to trading platforms, Afterprime provides access to advanced trading platforms, MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TraderEvolution. Both MT4 and MT5 support custom indicators and Expert Advisors (EAs). The broker allows traders to use automated trading systems and custom indicators as traders see fit, which is also flexible. TraderEvolution is a trading platform that was designed for professionals and Afterprime offers institutional-grade pricing and data quality. However, MT4 and MT5 are also responsive and support super-fast trade execution. Mobile trading is available via the Afteprime MT5 mobile app, which enables traders to trade on the go.

Education at Afterprime

When it comes to education, Afterprime does not offer educational resources. There are no webinars, live events, trading courses, or video guides available, which is a downside. The broker is mostly focused on traders who have already developed some trading skills.

There are many tools available, such as calculators, VPS offers, calendars, and so on.

Afterprime Customer Support

The broker offers several customer support channels such as email and live chat. There are also help center and phone support options offered, which is useful. The website and support options are available in more than 5 languages, which makes the broker an international multilingual brand. The website is mobile friendly.

Afterprime bonuses and promotions

Afterprime does not offer bonuses and promotions at the moment, which is a drawback. There are no deposit bonuses or welcome bonuses available. The broker provides competitions periodically, which is attractive.

Is Afterprime your broker? Final verdict

Afterprime is a very competitive Forex and CFD broker offering low-cost trading through single account type with 0 pips spreads and flexible leverage. With reliable regulations, fast deposits, and withdrawals, and access to top-tier platforms like MT4, MT5, and TraderEvolution, it is a solid broker for experienced traders. The broker offers a demo account and various features such as VPS, calculators, and so on. However, the lack of educational resources and bonuses might not appeal to complete beginners or bonus seekers.

FAQs on Afterprime broker

Where is Afterprime based?

Afterprime is registered and regulated in Seychelles by the FSA and in the British Virgin Islands (BVI).

Can you withdraw from Afterprime?

Yes, withdrawals are processed quickly, same-day processing is available for requests submitted before 10 AM AEST/11 AM AEDT (00:00 GMT).