Npbfx review

*typical spreads were recorded on 17.01.2020 at 21:30 for the standard account. NPBFX spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.

My list of forex bonuses

NPBFX Review; Is it a Scam or Legit Broker (2021), npbfx review.

For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.

NPBFX review – is it a scam or legit broker (2021)

In this NPBFX review, we are going to take a look at the offer that this broker prepared for its traders. NPBFX operates on the financial market since 1995. When it comes to trading platforms, the broker features . The NPBFX minimum deposit is 10 USD.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

Basic information from this NPBFX review

website address:	npbfx.Com
operated by:	nmarkets limited.
Licensed and authorised by regulatory bodies:	SVGFSA FC
supported languages:	english and french
customer support available via:	E-mail, phone, live-chat
contact details:	[email protected], +44 800 069-84-70
available deposit methods:	bank transfer, VISA, mastercard, fasapay, local bank deposits, local bank transfers, maestro, neteller, ngan luong, qiwi, skrill, webmoney, yandex money
available withdrawal methods:	bank transfer, VISA, mastercard, fasapay, local bank transfers, maestro, neteller, ngan luong, qiwi, skrill, webmoney, yandex money
minimum deposit:	10 USD
min. Trade in lots:	0.01
spreads:	typical spread on the currency pair EUR/USD - 1,2 pips * on standard account type
tradable assets:

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

NPBFX fees (typical spreads)

We have scanned fees (typical spreads) that NPBFX charges when trading popular currency pairs, here is their breakdown in pips.

Random reviews of competing FX & CFD brokers: 70trades, snapex, sinosoftfx and guardianstockbrokers

Frequently asked questions

�� is NPBFX a scam?

In accordance with our research, NPBFX is a broker licensed and regulated by the SVGFSA and FC. While it is a good thing that the broker is regulated, the SVGFSA and FC regulatory agency is in comparison to 1st tier regulatory bodies like the cysec one of the weaker regulatory authorities when it comes to investor protection. In order to be sure that NPBFX is not a scam, read our trader reviews and check other popular trading related websites and forums.

�� what is the NPBFX minimum deposit?

In order to start trading with NPBFX, you have to deposit at least 10 USD (trading accounts can also be held in USD, EUR, RUB).

�� what deposit and withdrawal methods NPBFX supports?

We don’t have our own personal experience with NPBFX. However, the broker is regulated by the SVGFSA and FC which does not provide as strong protection to traders as 1st tier regulatory bodies (like the british financial conduct authority). Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with NPBFX.

Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.

Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.

¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.

Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

Disclaimer/disclosure

All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy

NPBFX review

Minimum deposit

Bonus

Maximum leverage

Spreads

Licences

US clients

This broker is not recommended!

Topforexbrokers.Net team does not trust this broker and advises you not to sign up with it.

STP brokers are becoming more and more popular in the foreign exchange market, and the reason for this increase in popularity comes from the range of benefits that are associated with straight through processing. Some of those advantages are immediate execution, no dealing desk, no conflict of interests, and so on, but not all of those brokers are equally professional in their operations and activities. That is why our lqdfx review will give you the necessary knowledge about this particular broker, and this will allow you to make an informed decision when thinking about joining this trading provider.

NPBFX at a glance

As we just said, NPBFX company has been present in the forex market for almost two decades now, but in 2016, the corporation underwent a rebranding phase, and the broker now operates as NPBFX limited. For those of you who are fearful of NPBFX scam being present, the fact that only IFSC in belize licenses this broker will not make you feel any better. This regulatory body does not enforce strict controls, and their liberal approach to online safety could cause you a lot of headaches and frustrations. Also, NPBFX is a member of the financial commission, which is an independent organization operating in the foreign exchange market.

Types of accounts

Just like all other NPBFX reviews, we also have to examine the types of trading accounts offered at this trading provider. Unfortunately, NPBFX does not offer much in this segment of their operations, and they provide a standard set of features. What this means is that you will have access to a demo account, or you can sign up and start one of the live accounts, including master, expert, and VIP type. All of these categories are swap-free, and they offer leverage of 1:100 or 1:200. The minimum amount you have to deposit to open up the master account is just $10, which can attract gullible and less experienced investors.

Trading platform

Since 2011, NPBFX broker is relying on metatrader 4 platform to be their primary software solution. We all know that this software package offers a lot of flexibility and broker houses can modify it in agreement with their specific needs and preferences, but NPBFX failed to utilize the full range of possibilities of this software. In 2016, they introduced a new platform, called npbtrader, and clients can access their trading portal on windows, mac, ios, and android devices.

Bonuses and promotions

Almost every NPBFX opinion is based on bonuses as well, and this element plays a significant role in the modern business operations and strategies. However, NPBFX seems to miss this point, and they are not offering a lot of bonuses and promotional activities. As a matter of fact, we were only able to find a no deposit bonus of $20 at their site, and this is something a decent forex broker should never allow to happen. Other broker companies are providing far more lucrative gifts and rewards, and NPBFX will have to invest in this area in the upcoming period.

Deposits and withdrawals

Aside from bonus features and the performances of the site, banking methods are also important in the modern foreign exchange market. In other words, our NPBFX opinions were affected by the functionality of banking methods at this site, and we have to say that this broker does not bring anything revolutionary to the table. They are relying on several most common payment processing methods, such as credit cards, wire transfer, and e-wallet services.

Customer support

The quality of customer support is not one of the strongest assets of NPBFX forex broker, and they will have to work on this segment of their offer as well. Admittedly, their staff is available 24/5 via phone, e-mail or live chat, but the site lacks basic educational material and other features that are typically provided by almost all other broker houses. For instance, novice traders and beginners will be the ones who will be most affected by this lack of understanding by NPBFX, and it is likely that they will move on and look for a better company for their needs and investment plans.

Conclusion

NPBFX is an offshore company, and we all know that doing business with this type of enterprises is not the best idea. As you could see from our NPBFX FX broker review, this company has shown a couple of serious drawbacks, and it will take a lot of effort on their behalf to correct those issues and become a professional and reliable trading provider.

NPBFX review

NPBFX is an online broker that offers competitive spreads and trade executions on the MT4 platform available for web, desktop and mobile devices. They operate as an STP broker with a license from the SVGFSA and finacom membership. The broker offers social trading platforms, trader education, trading signals, market news and analysis.

NPBFX review, pros & cons

STP trade executions without conflict of interest & no dealing desk (NDD)

Social trading via zulutrade, mydigitrade & myfxbook autotrade

Low trading capital; only $10 is required to commence live trading

Real-time trading signals on a range of instruments

News & analytics powered by claws & horns

Offshore regulated broker

Limited tradable assets

Spread mark-ups

No stock trading

Only the MT4 platform is available

No US clients accepted

In this detailed NPBFX review, our online broker research team have covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.

NPBFX is not ranked in our best forex brokers, best stock brokers, best cfd brokers, best crypto brokers or best online brokers categories. You can use our free broker comparison tool to compare online brokers including NPBFX.

NPBFX review: summary

NPBFX is a forex and CFD broker that offers its services to retail, corporate and institutional partners. Founded since 1996, the broker boasts of over 200,000 clients from all over the world. Its clients can trade over 45 assets on the popular MT4 platform.

NPBFX states that it uses the straight through processing (STP) brokerage model and has no dealing desk (NDD). All its price quotes are obtained from the liquidity providers (lps) which are large tier 1 banks like deutsche bank, citi, BNP paribas, HSBC, etc. Its liquidity aggregator bridges the lps and the clients’ MT4 platforms. There is no conflict of interest as the broker profits from the slightly marked up spreads. All orders are routed to the lps for execution at the best available bid/ask prices. NPBFX affirms that it uses high-tech software and hardware to bring about reliable trade execution speeds. The brokers servers are located at equinix NY4 in new york.

NPBFX has been given awards for its brokerage services. At the IAFT awards, NPBFX was voted the “best STP broker 2019”. This is the third consecutive time that NPBFX has won this award. Also, at the 2017 china forex expo, NPBFX won the “best execution broker”.

NPBFX review: broker awards

NPBFX review: regulation

NPBFX is the trading name of nmarkets limited; a company incorporated in saint vincent and the grenadines (SVG). It is regulated by the financial services authority (SVGFSA). The license number is 24454 IBC 2018. This regulation is not considered by many experts to be on par with regulation from the FCA, cysec or ASIC. You can refer to our best trading brokers for alternative options that have such regulation in place.

NPBFX is a member of the financial commission (finacom) which is an organization that resolves disputes between brokers and their clients. If an aggrieved NPBFX client takes their case to finacom and wins the case, they may be entitled to compensations capped at €20,000 for each case won.

NPBFX review: countries

NPBFX states that its services are not available to residents of canada and the united states. Some NPBFX features and products mentioned within this NPBFX review may not be available to traders from specific countries due to legal restrictions.

If you are looking for a trading broker in a particular country, please see our best brokers USA, best brokers UK, best brokers australia, best brokers south africa, best brokers canada or our best brokers for all other countries.

NPBFX review: trading platforms

Metatrader 4 (MT4)

This is s a very popular trading platform widely used in forex trading. It has become one of industry standards among brokers and is used by millions of traders worldwide. The MT4 platform is stable, fast, rugged and flexible. It is available on multiple devices and has inbuilt tools for complex charting, analysis and trading.

Brokers like NPBFX have already built software bridges to aggregate quotes from lps to clients’ MT4 portals and also transmit client orders via the same route. Traders can also build plugin apps to extend the features of the platform courtesy of the MQL4 programming language that comes within MT4.

The NPBFX MT4 platform is freely available as webtrader which runs on web browsers eliminating the need for downloads and it is compatible with all operating systems and devices. It also comes as downloadable windows desktop application and mobile application for ios and android devices.

MT4 has a fully customizable interface and ‘market watch’ window which displays the real time live quotes of all available trading instruments. Orders can be placed from the market watch, charts and ‘new order’ button. Market orders, stop orders and up to 4 pending orders can be used to place trades. MT4 supports multiple charts on 9 timeframes; M1, M5, M15, M30, H1, H4, D1, W1 and MN. 30 technical indicators come with MT4 but the number of indicators can be increased to thousands through plugin apps.

Autotrading is activated by installing software robots known as expert advisors (eas). These eas can be built from the MQL editor, rented or bought from the metatrader market. These are all accessible from the MT4 platform. There is a strategy tester where users can back test eas over historical data although these results are by no means an indication of how an EA will perform moving forward.

NPBFX review: MT4 trading platform

Mobile trading

The MT4 platform supports trading on the go with its mobile trading apps developed for ios and android devices. These apps can be freely downloaded and installed from the relevant app stores. The app is user friendly, very fast, stable and reliable.

Like the desktop and webtrader versions, it displays all the assets’ quotes in real time. It supports charting on 9 timeframes, technical analysis using indicators and drawing tools as well as multiple orders which includes 4 pending orders. Market news updates are also accessible from the app.

NPBFX review: MT4 mobile apps

NPBFX review: trading tools

This is a platform where thousands of traders automatically copy the trades of other expert traders (signal providers) without knowing how to trade or needing to conduct any market analysis. The available platforms are zulutrade, signals metaquotes, mydigitrade and myfxbook autotrade. From the clients’ area, NPBFX clients can open accounts on any of these social trading platforms. It must be strongly emphasized that there are absolutely no guarantees on what the performance will be like when copying trading signals.

For instance, in zulutrade, the traders who provide signals are ranked by zulurank; a ranking algorithm that tracks the performance statistics of the signal providers and collates them on a table. Prospective copiers can view the detailed performance data of each provider. From there, he makes a choice of who to follow based on the various metrics provided. The expert traders are compensated through commissions from their copiers. You can read more information in the trading brokers detailed zulutrade review.

Forex signals

From the analytical portal, which is accessible only from the personal office of registered clients, forex signals are updated every minute on over 100 tradable assets. Clients can choose the asset class, time frame and instruments of interest to view the signals available. The technical indicators that generated the signals are also shown. There is no guarantee on the quality or results of these signals.

NPBFX review: trading signals

Weekly video reviews

This section of the ‘analytical portal’ gives a weekly analytical review of the forex market. It is updated every monday and it gives insights on what to expect in the week ahead. It is powered by ‘claws and horns’; an independent financial research firm that provides trading signals and expert analysis for the financial markets.

Economic calendar

This is a very important tool in fundamental analysis. The calendar shows events’ dates and times as well as the estimated impact on the markets. Clicking on an event shows its details, history and forecast. Users can customize the calendar to only show news events that are important to them.

NPBFX review: economic calendar

Trading calculators

The following calculators are available: fibonacci, pivot points, deal size and correlation calculators. The forex calculators available are: margin calculator, profit/loss calculator, stop loss calculator and pip calculator. These calculators can be useful to help prepare and manage trades.

NPBFX review: trading calculators

News and analytics

This section of the ‘analytical portal’ is updated several times a day. The analytics is available on a wide range of instruments. Guest analysts are sometimes featured on this portal. Clients can use the provided filter to choose the assets’ news and analytics that they are interested in. The news and analytics is courtesy of claws and horns.

NPBFX review: education

The educational resources can be accessed from the ‘analytical portal’ of the NPBFX personal office.

There are about 17 MT4 platform tutorials teaching clients how to place orders, create or buy eas, rent a VPS as well as how to use other features of the MT4.

There is a list of ‘trading strategies’ and their detailed explanations. Up to 69 strategies, their charts and meanings are provided.

A glossary of over 350 terms associated with forex and CFD trading, economics and the financial markets are provided in the analytic portal of the NPBFX website.

An ebook titled ‘A beginner’s guide to forex trading’ is available for reading online or downloading in pdf format. The 45-page book focuses on introduction to forex, basics of forex, fundamental and technical analysis. It rounds off with money management and trading psychology.

10 video lessons on the forex trading, markets and analysis are also part of the education section. The videos are animated, professionally presented and of high quality.

NPBFX review: video lessons

NPBFX review: trading instruments

The trading brokers review team found the available instruments to be very limited compared to other online brokerages, some of whom offer thousands of trading instruments. The following instruments are available for trading online with NPBFX:

38 currency pairs

2 metal assets

6 cryptocurrencies

3 commodities

NPBFX review: trading accounts & fees

NPBFX accounts are based on a number of factors such as trading capital, spread and leverage. All clients have access to trade all the assets all the MT4 versions. All trading strategies are welcome.

Here are the account types:

Master account: the minimum deposit is $10 and the spreads start from 0.8 pips but averages 1.2 pips. The maximum leverage is 1:1000

Expert account: $5,000 is required to open this account and the maximum leverage is 1:200. The spreads start from 0.6 pips and averages 1.0 pip.

VIP account: this is the flagship account reserved for professional clients. The minimum opening balance is $50,000 while the maximum leverage is 1:200. The spreads start from 0.4 pips but averages 0.8 pips.

Demo accounts are freely available without any risks to the trader. It is unlimited and the trader specifies how much virtual trading capital he needs when creating the account.

Swap free muslim friendly accounts are available after opening any of the accounts above and then sending email to support requesting for swap free option. Only about 30 currency pairs are available on a swap free account.

As broker fees can vary and change, there may be additional fees that are not listed in this NPBFX review. It is imperative to ensure that you check and understand all of the latest information before you open an NPBFX broker account for online trading.

NPBFX review: customer service

The NPBFX customer support desk works from 22:00 GMT sunday to 21:00 GMT on friday (24/5). The team speaks up to 8 languages. They can be reached through instant web chat, email, phone and by filling the ‘feedback’ form. If you wish to be called at your convenience, then, fill the ‘call back’ form and a support representative will can you back.

NPBFX review: deposit & withdrawal

NPBFX has multiple payment options. Funds can only be transferred from bank accounts, electronic accounts/wallets and credit cards belonging to NPBFX live trading account holders. Third party deposits are not allowed. The broker does not charge deposit commissions.

Here are the accepted payment options:

Bank wire transfer: deposits can be made from the clients’ bank to NPBFX bank accounts and vice versa. Though NPBFX does not charge commissions, the client’s bank will charge some internal fees. For withdrawals, a commission of €100 is charged.

Credit/debit cards: visa, maestro and mastercard are the popular cards accepted for payments by NPBFX. Card deposits are processed instantly and no commissions are charged.

Local bank transfer: NPBFX accepts payments in local currencies in countries where it has subsidiaries or representatives. In indonesia, transfers to the following banks are accepted: BCA, mandiri, BNI, CIMB niaga. Also in malaysia, payments can be made via maybank, CIMB bank, hong leong bank, RHB, public bank and ambank. In vietnam, up to 8 banks are accepted. In thailand, ‘online banking thailand’ is allowed in THB currency. No commissions are charged and the payments are processed within a day.

Electronic payment methods: the payment options accepted are webmoney, QIWI wallet, yandex money, fasapay, skrill, neteller and ngan luong. Both deposits and withdrawals are processed within a few hours and there are no charges for deposits.

NPBFX review: payment methods

NPBFX review: account opening

It takes a few minutes to open a live trading account with NPBFX. On the website, click ‘register’ to display the form below.

NPBFX review: registration form

Enter your name, email, phone number, city and click ‘register’. Verification codes will be sent to the email and phone number that you just inputted. Supply the codes and confirm your registration. Upon successfully confirmation, you are automatically logged into the clients’ area called ‘personal office’. From there, you can create new demo or real accounts, verify your identity, download platforms, make deposits and commence trading. Your personal office login details are sent through the registered email address. It is vitally important that you read and understand all of the brokers terms, conditions and policies during the account opening process.

NPBFX review: conclusion

NPBFX is an STP broker that has been around since the 90’s. The brokers spreads are competitive and trade executions reliable. Multiple payment options are allowed and live trading can commence with only a paltry $10 deposit.

NPBFX allows all trading styles and strategies courtesy of the versatile MT4 trading platform which is available on all devices. Social trading is available via the zulutrade, autotrade and mydigitrade platforms.

Registered clients have access to the analytical portal which is powered a reputable research and analytical firm ‘claws and horns’. Clients are provided with market news and analytics, trading signals, trading calculators, economic calendar and educational resources.

The regulation of SVGFSA is not regarded as stringent and standard by most professional traders and analysts. In fact, most experts will always warn traders to stay away from such offshore regulated brokers. You can see alternative regulated brokers on our best trading brokers list. Clients have no other choice apart from the MT4 platform whilst the withdrawal fees of €100 for bank transfers are considered high in comparison to other brokers.

Trading on the forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgment as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

Min $10 deposit

NPBFX is an offshore trading broker that offers online forex & CFD trading via the MT4 platforms for web, desktop & mobile devices. They operate as an STP brokerage, providing traders with social trading, educational resources, market news & analysis.

Scam online

Npbfx review

Npbfx information

Website: www.Npbfx.Com

Owner: nmarkets limited

Address: suite 305, griffith corporate centre, P.O. Box 1510, beachmont, kingstown, st. Vincent and the grenadines

Email: info@npbfx.Com

Warning: we recommend to avoid this broker who doesn’t have regulated licenses.

Scammed ? Get your money back.

If you are on this page it’s that you are victims of npbfx. You are surely unable to withdraw your money, it’s the most common scam of fraudulent brokers. We can help you get your money back, this is the best legal current solution if your bank doesn’t want to help you.

You just have to register to explain your situation, an expert will answer you quickly, the consultation is free.

Just click on the button below to get in touch with an expert or use our online chat (it’s better to use it if you lost more than $5000).

Npbfx regulation.

A broker must pay for regulated licenses to be able to offer trading. Npbfx doesn’t pay for licenses but it does offer trading which is prohibited by law.

Your money isn’t safe with npbfx.

To be able to offer trading, you must buy a regulatory license from a country where you want to settle. If you offer trading without licenses, you don’t respect the laws and become a fraudulent broker. Brokers who don’t have regulated licenses like npbfx will not give you your money back because they are outlaws.

Based in a country with weak regulations.

Npbfx is based in a country where the regulations are weak regarding trading. Countries like the marshall islands,vanuatu, seychelles, saint vincent and the grenadines, bermuda and bulgaria are deemed to be the location of fraudulent brokers because the legislation is weak.

Never trust the broker.

It’s essential to always check the licenses of a broker because fraudulent brokers lie to make you deposit the maximum amount of money. If you unfortunately deposit your money and are asked to pay a fee to withdraw your money, don’t do it because you will give them even more money.

Get a chargeback now.

We put you in touch with the best money recovery company that has existed since 2016, mychargeback. We have received positive feedback from them and their experts are very professional. You just need to complete the form below (if you have lost more than $5000, use our chatbot directly). The consultation is free and doesn’t commit you to anything.

What are the chances of getting your money back?

Everything will depend on your file. Mychargeback has already helped many people and knows all the procedures to do with banks to build a solid file with you and recover your money. If you want to know more about the procedure, click here.

Our verdict.

Npbfx is a scam that doesn’t have regulated licenses. We advise you to avoid this broker if you don’t want to have a problem. If you have been a victim of this broker, don’t hesitate to leave us a comment to report this broker and avoid other people from being victims.

NPBFX review

Overview

The company NPBFX offers the broker services for traders around the world and has been successfully operating over 20 years already.

Details

broker	NPBFX
website URL	npbfx.Org
founded	1996
headquarters	1 fetter lane, london, EC4A 1BR, united kingdom
support number	+44 800 069-84-70
support types	chat, phone, email
languages	english, russian, malaysian, etc.
Trading platform	metatrader 4, web terminal
minimum 1st deposit	$10
minimum trade amount	$1
bonus	bonus up to $10,000
leverage	1:1000
spread	from 0.4 points
free demo account	open demo
account types	demo, master, expert, VIP
deposit methods	bank cards, mastercard, visa, maestro, webmoney, QIWI, yandex.Money, visa, mastercard, maestro, skrill, neteller
withdrawal methods	bank cards, mastercard, visa, maestro, webmoney, QIWI, yandex.Money, visa, mastercard, maestro, skrill, neteller
number of assets	30+
types of assets	currency, CFD, gold, silver, oil
account currency	USD, EUR, RUB
US traders allowed
mobile trading
tablet trading
overall score	3/10

Full review

And yet, is NPBFX a scam or a worthy company which should be trusted? We answer this question in a detailed broker`s review.

Terms of trade with NPBFX

At the beginning of 2016, after rebranding, the forex broker began to serve traders on behalf of the international company NPBFX limited. Clients have access to a platform npbtrader, through which the broker became one of the first companies to apply the technology of STP/NDD and avoid any conflict of interest with clients.

In addition, traders can work through popular metatrader 4 terminal, connected to the liquidity aggregator, allowing withdrawing transactions to tier1 banks. Mobile trading is also allowed using popular platforms: android, windows, ios. The broker is constantly working on improving the service, has successfully implemented its own NPBFX trader terminal for web trading, which has an intuitive interface and is convenient for beginners. Having passed a great path of development, today NPBFX retains the reputation of a reliable bank, acting in a pledge of honesty and responsibility. The company was able to transfer these characteristics to work on forex, offering attractive conditions for all categories of traders around the world: beginners, professionals, algorithmic traders, scalpers.

The platform allows automatic trading, scalping, there are no restrictions on strategies. To reduce the risks of traders, to help fully assess the situation on the global currency market, on the official website of the company was created an analytical portal that provides exclusive tools for forecasting market dynamics, daily reviews of experts and financial analysts, trading signals. This is a serious product that inspires confidence on the part of the user.

In addition, there are economic calendars, trader calculators, data relating to historical volatility, interest rates, etc. On the website. Novice market players can also work comfortable with the broker: there are training materials in several formats (video tutorials, articles, e-forex library, and ability to communicate with the analyst via chat, paid courses). Free webinars are available for those traders who would like to improve their skills. The company attracts not only because of an impressive information base, but also affiliate programs, permanent promotions and contests with valuable prizes.

Deposit and withdraw

NPBFX offers a variety of deposit and withdrawal methods. In order to make a deposit for trading to your account, you need to register with the broker, make an amount by choosing a convenient way to transfer funds (minimum deposit – $10). To deposit funds trader can also use modern payment systems presented on the official website:

SWIFT bank transfer (bank commissions),

Plastic cards (mastercard, visa, maestro),

Payment services: webmoney, QIWI wallet, yandex.Money, skrill, neteller (no commission).

You can open an account in several currencies. Money is immediately available on the account for trading after payment. Withdrawal of funds is possible for authorized traders; the first operation is made without commission, the following conclusions are in accordance with commission rates. Withdrawal is possible only to the account from which the deposit was made. Withdrawal period is for 1-6 days.

Complaints against NPBFX

There is enough different references about the broker in internet, and yet, now the number of positive reviews is higher; this is good news and largely indicates the correct path of development of the company, its reputation and success. Most traders note reliability of the company, favorable working conditions (minimum spreads, fast speed of processing and execution of transactions, minimum deposit), high-quality training and analytical materials, professional support, serious software.

However, there are also negative aspects: problems with the operation of the terminal (gapping, requotes), long withdrawal. To avoid negative effects while working with the broker, check with your personal manager the features of bonuses use and withdrawal procedures. We can confidently say that NPBFX is quite successful in the financial services market and has serious intentions to conquer the market. Impeccable reputation, innovative service, high-quality terminal, many ways to withdraw funds, professional support, bonuses and contests carry credibility to the broker from the user.

If we find complaints about NPBFX, we will post it on social media. Follow us to be well informed:

Is NPBFX a scam?

Today NPBFX is one of the most successful and professional brokers in the market. For more than 20 years the company has demonstrated advanced trading opportunities, providing quality service to work with traders around the world. About its success say reviews on the internet, most of which are positive. We can say with confidence that before us is not a one-day broker.

A positive factor of the company is the ability to work in popular metatrader platform, as well as in its own terminal. The broker’s service is positively noted in customer reviews, proving not only that it is important to provide a quality product to its user, but also unique, in the creation and development of which the organization is ready to invest the most valuable resources: significant funds and time. This also distinguishes the company from scam structures created for the purpose of deception.

One of the advantages is a full-fledged official website, a system of bonuses, accounts, feedback, training opportunities, serious analytics that indicate a well-thought-out policy of working with the user, which is also clearly not available to scam sites. NPBFX is a licensed broker; this has a positive effect on the user’s attitude towards IT. In many ways, the bank’s reputation is the key to honesty and responsibility of the company. Should NPBFX be considered as a scam? We answer with no. More than 20 years of successful work with traders around the world proved it. To avoid problems with the broker, please, check with your personal manager about the rules of using bonuses, withdrawal procedure, etc.

Broker`s regulator

NPBFX works on behalf of the international company NPBFX limited, licensed by the international financial services commission of the state belize IFSC (no. 60/342/TS/15), which sets strict standards for its participants, this can also act as an additional factor in increasing customer confidence.

The broker is a member of the financial commission (the financial commission), which is an independent international organization for the settlement of disputes between the broker and the trader in the forex market, provides additional protection for NPBFX clients with guaranteed payments from the compensation fund. In 2016 NPBFX was granted the status of a member of the category, amount of the compensation fund increased to $20,000 per client.

Bonuses in NPBFX

Each trader of the company can get two types of bonuses:

Get cashback for every trade with a broker: up to $7 per lot. Cashback is fully available for withdrawal and forex trading, maximum payout is $10,000 per month. To take part in the campaign, you need to make a deposit to your account in the amount of $100. Check with your personal manager for detailed bonus terms and conditions.

2) offer «compensation of losses»

The offer allows you to receive compensation for losses occurring during trading operations. In order to receive compensation for losses, a trader needs to submit a profit and loss statement from a real account, where it is necessary to specify the numbers of losing trades that the client wants to compensate. Check with your personal manager for detailed bonus terms and conditions.

Summary

Trading forex broker NPBFX successfully works in the financial services market for more than 20 years has a large base of traders around the world, provides consistently high quality service and is one of the best trading conditions. A lot of positive reviews from customers demonstratesuccess of the company.

Convenient ways to withdraw funds, development of unique services for trading, impressive analytical materials, opportunities for learning and improving the trading experience, license (including the CBR) show serious intentions of the company, which values customers and reputation. Today, we will not evaluate the broker as a scam company, but traders’ reviews will can not only change the broker’s ratings, but also warn market players of possible problems.

NPBFX review

Founded in 1996, NPBFX is a forex and CFD broker that offers its services to retail, corporate and institutional partners. They provide their clients with the MT4 platform, which is available for web, desktop, and mobile devices. NPBFX clients can trade over 45 assets across multiple asset classes including forex, metals, cryptocurrency, commodities, and more.

NPBFX review – broker awards

The broker uses the straight-through processing (STP) brokerage model and has no dealing desk (NDD). They have won several industry awards for their brokerage services, including the best STP broker 2019 at the IAFT awards for three consecutive years.

NPBFX review introduction

In this NPBFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including NPBFX.

NPBFX platforms & tools

NPBFX review – MT4 trading platform

NPBFX provides clients with the popular MT4 trading platform. The platform is stable, fast, rugged, and flexible. It has a fully customizable interface and ‘market watch’ window, which displays the real-time live quotes of all trading instruments. MT4 is available as a webtrader that runs directly on most modern web browsers and is compatible with all operating systems and devices.

NPBFX review – MT4 mobile apps

MT4 can also be downloaded as a desktop application for windows and mac computers and a mobile trading app for ios and android devices. The mobile trading app supports trading on the go, provided there is an internet connection. The broker also provides other useful trading tools, such as social trading, forex signals, weekly video reviews, economic calendar, trading calculators, news and analytics, and more.

NPBFX review – trading calculators

NPBFX research & education

The broker provides a good selection of educational materials, which can be accessed from the ‘analytical portal’ of their personal office. They include MT4 platform tutorials, a glossary of over 350 terms with detailed explanations, ebooks, video lessons, and more.

NPBFX review – video lessons

NPBFX trading accounts

The following account types are available with NPBFX:

Micro account: the minimum deposit is $10, and the spreads start from 0.8 pips but average 1.2 pip.

Expert account: $5000 is required to open this type of account, and the maximum leverage is 1:200. The spreads start from 0.6 pips and averages 1.0 pip.

VIP account: this is the flagship account for professional clients. The minimum opening balance is $50,000, while the maximum leverage is 1:200. The spreads start from 0.4 pips but average 0.8 pip.

Swap-free muslim friendly accounts are available, after opening any of the accounts above. There is also the demo accounts, which are risk-free and used for virtual trading.

NPBFX account funding

NPBFX offers multiple payment options including bank wire transfer, credit/debit cards, local bank transfer, electronic payment methods, and more. The transaction fees and the processing time may vary with the payment method used.

NPBFX customer service

The broker offers a multilingual customer support desk, which is available 24/5 and can be reached via instant web chat, email, telephone, or by filling the feedback form.

NPBFX regulation

NPBFX is the brokerage brand of nmarkets limited, a company incorporated in saint vincent and the grenadines (SVG). It is regulated by the country’s financial services authority (SVGFSA). The license number is 24454 IBC 2018.

NPBFX review summary

NPBFX is an STP broker that has been around for more than 20 years. They offer competitive spreads, reliable trade execution speeds, and multiple payment options, with a required minimum deposit of $10. The broker provides traders with the MT4 platform and a good selection of educational materials.

It is worth mentioning that some of the trading products and services in this NPBFX review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the NPBFX broker website which you can visit by using the link below.

Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

NPBFX

Spreads

Liquidity

Commissions

Support

Regulation

Features

Metatrader platform

A selection of educational materials

Over 40 trading instruments

Social trading via zulutrade, mydigitrade, and myfxbook autotrade

News and analytics powered by claws & horns

Best forex robots

Forex robotron

Forex cyborg

Forex flex EA

Forex scalping EA

5 pips A day

Get my free forex robot!

Sign up now and receive instant access to my free forex robot download with over 40 technical indicators and 11 candlestick patterns built in. *please use a real email address as you will be sent the download link*

Best forex brokers

Pepperstone

IC markets

NPBFX review

NPBFX is a forex broker, registered in st vincent and the grenadines, and are in association, or rather, ‘registered’ with the financial commission service, which is not to be confused with a regulating body as we know it, but more an undertone regulation body in which clients can approach in the case of feeling their broker has caused them to make a loss, which was made at the hand of the broker, and not the actual client trader. According to the website, they have been providing trading and forex services since 1996, so we can safely assume this broker is well equipped to provide a more than satisfactory service to its clients.

Account types

NPBFX offer 3 live trading account types:

Master

Expert

There is a comparison table for all 3 account types displayed on the website, clearly set out with each account specifications to help potential clients decide which account is most suitable. All 3 accounts have access to both MT4 trading platform as well as this broker’s very own customized platform, namely NPBFX trader. No matter which account type you opt for, you will not be charged trade commissions, and all accounts also have the same access to the same markets. The minimum deposit requirements vary, which we will go into shortly.

Platforms

NPBFX offers the well known metatrader 4 platform (mobile, web and desktop versions all compatible) and they also offer their own NPBFX trader platform. It is also nice that despite which account type you choose, you can choose which platform you wish to use.

Leverage

NPBFX offer different leverage allowances according to the account type, which is as follows, as stated on the website:

Master: 1:1000

Expert: 1:200

VIP: 1:200

All leverage options are more than generous and competitive also. Even 1:200 allows traders to maximize profits greatly, taking into consideration especially the minimum deposit requirements.

Trade sizes

Minimum trade size again varies according to the account type:

Master: 0,01 (1 000 units of the base currency)

Expert: 1,0 (100 000 units of the base currency)

VIP: 1,0 (100 000 units of the base currency)

The trade size definitely seems fair and just in accordance with the minimum deposit requirement and the leverage allowed on each account.

Trading costs

NPBFX does not charge any trade commission fees, on any of the 3 account types, which is definitely a bonus in itself for clients. In regards to the swap fees, they are specific to the pairs you are trading, which can be calculated accordingly and taking into consideration trade volume also. All relative information can be found on the website itself.

Assets

All 3 accounts have the same access to the same markets which are: 38 currency pairs, gold, silver, oil, and natural gas. This is not a particularly extensive selection of tradable assets for a broker to offer, with the majority of brokers in the industry offering a lot more.

Spreads

All tradable assets are shown on the website with their minimum (variable) spreads, the smallest appearing to be 0.4 pips. Overall, in comparison to brokers of similar standing, their spreads appear to be competitive.

Minimum deposit

The minimum deposit requirement varies according to account type, which you can get from the website account comparison table:

Master: 10 USD

Expert: 5 000 USD

VIP: 50 000 USD

The deposit requirement is also a good gauge to indicate the level of expertise a trader must go for when choosing the account type most suitable for them.

Deposit methods & costs

The website is very clearly set out and outlines deposit methods available very clearly. The deposit methods offered by NBPFX are skrill, neteller, bank wire (a very large variety of which you can see on the website) and also visa/master card. Bank cards, local bank transfer, and wire transfers are the only ones that come with a fee by the bank, while all other methods do not incur any fees from the broker.

It is also good to note that the more ‘modern’ approaches to money transfers such as skrill and neteller are available since these do seem to be the more popular methods these days, undoubtedly for the sheer ease of use as well as the speed of transfer.

Withdrawal methods & costs

The withdrawal methods are the same as the deposit methods, and again the costs are the same, other than it should be noted that wire (swift) transfers incur a 100 EUR fee. It is always good to check with your own banking provider to see which fees you are liable for, before making any withdrawal requests with your broker. All withdrawal methods available are displayed on the website, and another really useful thing is that there is a guide on ‘how to’ make the withdrawal, which is beneficial to those who are unfamiliar or uncertain with particular methods.

Withdrawal processing & wait time

According to a live chat agent of NPBFX, all withdrawal requests are checked by the payment department which can take around 1 working day. Processing time does, however, depend on the withdrawal method used. Typically speaking banks (card/wire) can take anywhere between a few days and a week, and skrill/neteller are usually the same day/48 hours.

Bonuses & promotions

The only promotional scheme that NPBFX offer is a one-time deposit bonus (first deposit made). It was not particularly clear to find this info on the website, but the live chat agent gave assistance promptly with the provision of information on this scheme. The welcome bonus essentially gives new clients $20 or equivalent currency.

Educational & trading tools

Aside from eh demo account offered, which is an excellent way of practicing and perfecting trading strategies, NPBFX also offers some free learning material and tools on the website including reading material, but this is only available once you register as a client, and then you will see it on the client portal.

Customer service

NBPFX offers a very friendly and professional customer support team, which can be contacted via telephone, email or live chat on a 24/5 basis which is useful to have to hand int he case of any general queries, or trade issues. Alternatively, there is a handy FAQ page on the website to answer any basic questions or queries you might have as a potential client.

Demo account

NPBFX does offer a demo account, which is good to use as part of a practice and training exercise, and of course, to backtest the trading conditions offered, which should reflect precisely on the live account. The only thing a demo does not take into account is things like slippage. So do bear that in mind.

Countries accepted

Taking into account that NPBFX is not regulated, there is a disclaimer at the footer of the website stating regional restrictions include not providing services for canada and united states residents. Be sure to check if your country allows the use of such services, before signing up. You can check individually with the customer support team also.

Conclusion

Taking into consideration all elements we have reviewed, NBPFX does seem like a very strong contender int he forex industry; the leverage options are competitive, as are the spreads, and 0 commission fees are charged to clients. Withdrawal options are lengthly in terms of selection, and the customer service is consistent, friendly and professional.

NPBFX – forex broker rating and review 2021

status
	http://www.Npbfx.Org/
regulation	IFSC, financial commission
trading software	metatrader4, metatrader mobile
headquartered	1 fetter lane, london, EC4A 1BR, united kingdom

NPBFX is a reliable STP/NDD broker providing services on FOREX since 1996. NPBFX works by the brokerage model of service outputting all trade orders directly to liquidity providers via STP/NDD technology: banks and ECN-systems. The company is actually an intermediary between the client and the liquidity providers. This fully excludes conflict of interest between the company and customers and provides instant execution of orders at actual market prices.

One of the main purposes of NPBFX company is providing high quality services on FOREX with the most favorable terms of trade. NPBFX company is directly interested in trading success of its clients: the greater the number and volume of transactions of customers are, the higher the income of the company is.

The company aims to take a leading position in the industry and meet the needs of the most demanding types of customers.

Service portfolio of NPBFX company contains proposals for any types of clients:

Individual traders with «classic» trading strategies;

Algorithmic traders, HFT-traders, «scalpers»;

Traders who needs the liquidity for large trading volume;

Institutional clients and partners: brokerage companies, hedge funds and corporate clients;

Traders with individual needs.

NPBFX locates its servers in one of the most modern and secure data centers in the world - equinix NY4 in new york. This allows to ensure the best execution of orders via STP/NDD technology at speed up to 100-300 ms at the most favorable market prices.

NPBFX provides services in the financial markets on the basis of IFSC / 60/342 / TS / 15 license by the international financial services commission of belize government. The company is a member of the financial commission which is an international independent organization for the settlement of disputes in the financial markets between broker and trader. NPBFX has received the A category status of the financial committee member that ensures additional protection and the right to increase the compensation fund up to $ 20 000 per customer.

Employees of the company have many years of experience and professional skills of successful customer service on FOREX in banks and brokerage companies.

NPBFX company serves clients from different regions of the world and operates in accordance with international standards of good business in the financial services.

NPBFX trading information

NPBFX — latest reviews and comments 2021

It's my pleasure to leave the first post about broker!) actually, I came here to make sure that NPBFX is providing top-level brokerage services and people write about this. Anyway, broker is regulated! They have no swaps and offer leverage up to 1:500. They partner with aggregated forex-liquidity providers and I've never seen any issues or delays in price feeding. Execution is fast and it's fair for all currencies including exotic crossings. Moreover, there is compensation fund up to $20K for each customer in case of losses. So you can cover your losses from this fund. But under particular conditions.

NPBFX review

NPBFX general information

NPBFX forex broker description

Since 1996 the company NPBFX is engaged in the provision of professional brokerage services on the forex market. It should be noted that the organization was called nefteprombank until 31 december 2015. On the 1st of january, 2016 the company was rebranded and got a new name of NPBFX. The broker’s services portfolio includes a wide range of proposals that are able to meet the requirements of users from different categories, beginning with the novice and experienced traders, and ending with the institutional clients and other partners.

It should be noted that the NPBFX forex broker is an ideal choice for carrying out an automated trading according to the specified algorithms. Scalpers and users, preferring using expert advisors in their business, often choose this brokerage company. The nefteprombank forex broker attracts the best liquidity providers to ensure quick and high-quality order executions. Thus, all orders are executed in the shortest time and stick closely to the current market prices. The company NPBFX can offer individual conditions and lower spreads for users with large trading volume.

The NPBFX brokerage house uses two business models (market maker and brokerage) in its operation, which allows avoiding the conflict of interests between client and the broker.

We should allocate the absence of the minimum deposit and leverage 1:200 among the brokerage company’s advantages. The nefteprombank forex broker supports the STP technology, which allows direct the clients’ deals into the interbanking market straight. Metatrader 4 is used as a trading platform. You may use mobile devices running all popular operating systems for trading if needed. The NPBFX forex broker provides its customers with an ability to use the most convenient methods for the funds depositing and withdrawing (e-wallets, credit cards, interbank transfers, etc.). Deposit operations are not charges in most cases, allowing traders to avoid unpleasant and unexpected costs.

The nefteprombank forex broker offers its customers a wide range of high-quality and actual analytics. The NPBFX analysis section includes reviews from real market experts, convenient economic calendar, tools for conducting a technical analysis, market hours schedule, financial markets news and a variety of other useful information. The clients of nefteprombank broker may use a demo account in order to gain an additional experience in trading on the FX market and to polish their trading strategies.

So, let's see, what we have: in this NPBFX review, we are going to take a look at the offer that this broker prepared for its traders. NPBFX operates on the financial market since 1995. When it comes to trading platforms, the broker features . The NPBFX minimum deposit is 10 USD.Basic information from this NPBFX reviewwebsite address:npbfx.Com at npbfx review