Npbfx broker

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. 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.

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.

What is NPBFX?

NPBFX is an online brokerage that was first founded in 1996 and is a part of nmarkets limited, with a head office located in the saint vincent and the grenadines. The online broker offers its clients access to the markets in forex, cfds, spread-betting, and social trading.

In addition, NPBFX also has offers services to retail, corporate, and institutional partners. Over the years of operation, the online brokerage provides its services to over 200,000 people in its client base.

NPBFX gets their quotes from some of the biggest banks from all over the world including deutsche bank, citi, BNP, paribas, and HSBC.

NPBFX has also won several awards over the course of their years in operation, being voted for the “best STP broker” at the IAFT awards three consecutive years in a row. The online brokerage has also bagged the “best execution broker” at the 2017 china forex expo. One of its latest achievements was winning the title of the “best broker” in the 2018 IAFT awards.

Below, we will look into a more in-depth look into the offerings and various key aspects of NPBFX and see whether the exchange still lives up to its reputation as well as some of its pros and cons.

NPBFX: services and offerings

While UFX offers the following services to clients residing in almost any part of the globe, some offers may differ depending on the location of the client. Furthermore, clients residing in canada and the united states may also not be able to gain full access to its services due to legal restrictions.

• trading instruments

NPBFX offers a decent amount of financial instruments to their clients which includes over 38 forex pairs, 2 metals, 3 commodities, and 6 cryptocurrencies. However, many have expressed that its listings may be quite limited for the more seasoned of traders.

• account types

NPBFX currently has three account types that support all types of trading strategies – the master account, the expert account, and the VIP account.

The master account can be opened with a minimum $10 deposit where clients can trade with spreads averaging from 1.2 pips with a maximum leverage of 1:100.

The expert account can be opened with a minimum $5,000 deposit where clients can trade with spreads averaging from 1.0 pips with a maximum leverage of 1:200.

The VIP account, which is reserved for professional traders only, can be opened with a minimum $50,000 deposit where clients can trade with spreads averaging from 0.8 pips with a maximum leverage of 1:200.

NPBFX also offers swap-free islamic accounts for those residing in arab regions and those who practice sharia law.

• trading platform

NPBFX mainly incorporates the metatrader4 (MT4) trading platform by metaquotes. MT4 is one of the leading trading platforms in the industry, most notable for its easy-to-use interface, lightning-quick execution time, and flexible customizability. It features real-time market quotes as well as over 80 pre-installed technical indicators, charting tools, and automated trading options, to name a few.

It is available for desktop, web browser, and mobile for ios and android.

• payment options

Payment options include credit/debit cards, bank wire transfers, and online payment services such as neteller and skrill. Deposits and withdrawals can also be done with cryptocurrency.

Withdrawals are usually processed within the same day, though it could take more if requests are done outside of business hours. Bank transfers usually take one to three business days to process, though some of the mentioned options can take a few seconds.

There are no fees for deposits; however, bank processing fees may apply depending on which service has been chosen. Online payment services may charge additional fees for deposits or withdrawals.

Most of the details is often subject to change and can be found in broker’s official website.

NPBFX: is it safe?

Given the location of its head office, NPBFX is fully authorized and regulated by the saint vincent and the grenadines financial service authority (SVGFSA), holding the license number 24454 IBC 2018. However, this type of regulation is not highly regarded as a notable authoritative entity when compared with the other regulatory bodies such as the financial conduct authority (FCA), the cyprus securities and exchange commission (cysec), and the australian securities and investment commission (ASIC).

NPBFX is also a member of the financial commission (finacom), an organization that mainly focuses on settling disputes between brokers and their clients. According to finacom, eligible clients may be entitled to compensation of up to €20,000, should the case side with the client or if the broker became insolvent.

NPBFX: conclusion

With its highly competitive spreads and extremely reliable trade executions, it is no surprise how NPBFX has managed to be in operations since the 90’s. Its highly-regarded MT4 trading platform and trading conditions allow for almost any type of strategy by any client, whether seasoned or novice.

However, one of the downside to NPBFX may be its regulation. Since its SVGFSA is not fully regarded as a prolific or authoritative financial entity by most investors, clients who hold accounts wth the broker may have their funds at risk. It also does not help the online brokerage that NPBFX is considered as an offshore broker, which is mostly known for its shady reputation as most of the operations are carried out are just outside of financial jurisdictions.

If it wasn’t for its regulations, however, NPBFX may have been an ideal choice for those interested in participating in the market.

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 – 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.

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 fees (typical spreads)

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

*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.

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 20 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 forex broker

NPBFX was founded in 1996 as a trading service provider in foreign exchange and money markets. It was initially established as nefteprombank until it was rebranded as NPBFX in 2016. It claims to be the first broker to offer innovative hardware and software through STP/NDD technology.

NPBFX regulation and security

When this broker was first introduced as nefteprombank in 1996, it was licensed under the bank of russia. When it was renamed as NPBFX in 2016, it became the trading brand of nmarkets limited. Its headquarters are situated in saint vincent and the grenadines.

NPBFX is licensed to operate and regulated under the provisions of the international financial services commission in belize. In 2016, it was granted the membership status category A by the financial commission, an international organization that operates independently in settling disputes between financial service providers, especially brokerage firms in the field of forex trading. This membership entitled each client of NPBFX a compensation fund of up to 20,000 EUR as protection against the risks and potential fraudulent activities that come with trading.

NPBFX currently has loyal clients from all over the world, operating under international laws and standards as demanded of a financial service provider. However, this broker does not accept clients from canada and the united states of america.

NPBFX MT4 platform

NPBFX only offers one platform, the metatrader4. This is a widely-known electronic trading and analytical platform that specializes in foreign exchange. It has some of the best tools and indicators available in the market, as well as great functionality and user-friendly interface. MT4 allows traders to check on multiple charts and explore various strategies of any complexity.

Some of the advantages of the metatrader4 platform offered by NPBFX include fast execution of any financial transactions through the STP/NDD technology (straight through processing/ no dealing desk technology). MT4 also provides expert advisors and permits the use of hedging or locking of open positions. The trader can also set orders within the spread easily and check for daily financial news updates taken from the dow jones newswires in real time.

NPBFX account types

NPBFX offers three types of accounts, namely: master, expert, and VIP. Below are some of the specifications of each account.

Master: spreads begin at 0.8 pips and average at 1.8 pips. The minimum deposit is 10 US dollars with a leverage of 1:1000. The minimum trade volume is 0.01 per lot and offers swap-free trading. Has access to 38 currency pairs, metals like gold and silver, and natural gas. Uses STP technology, eas, and scalping.

Expert: spreads begin at 0.6 pips with an average of 1.0 pip. Can trade 38 currency pairs, metals, and oil. Requires a minimum deposit of 5,000 USD and a leverage of 1:200. The minimum trade volume is 0.01 per lot. It also uses STP technology and offers eas, scalping, and swap-free trading.

VIP: spreads begin at 0.4 pips that average at 0.8 pips. The leverage is 1:200 with a minimum deposit of 50,000 USD. The minimum trade volume is 0.01 per lot and can trade 38 currency pairs, metals, and oil, including natural gas. It also uses STP technology and provides access to expert advisors, swap-free trading, and scalping.

NPBFX research and education

NPBFX offers a free demo account for all potential clients to utilize. It uses virtual money and maximizes each client’s trading capacity in foreign exchange. With the demo account, you can practice forex trading risk-free as well as gather additional experience. You can also test complex strategies using real price movements in the market.

NPBFX also provides forex analytics, including an analytical portal that provides exclusive analytical materials and price prediction tools for different financial markets. It includes a daily review and forecast of the currencies, metals, and cfds markets. It also has weekly video analysis, trading signals, and an economic calendar. There is also a free consultation with NPBFX’s financial analyst.

On the official website of NPBFX, you can view different trading strategies once you log into the analytical portal. This includes over 60 strategies for 9 different timeframes, such as scalping and long-term investment periods. There are also 23 technical indicators that cover all global trading sessions.

NPBFX final review

NPBFX is one of the longest running brokerage firms in the industry. It has acquired a respectable regulatory status from the international financial services commission in belize and a category A membership from the financial commission. When it comes to security, NPBFX is trustworthy in safekeeping the funds of their clients and even signed up for the compensation fund, which entitles each client up to 20,000 EUR for protection.

It has a wide range of research and educational materials through a community of its clients that share different strategies. Its MT4 platform also offers great functionality when combined with the trading conditions offered by NPBFX. Its trading costs are not expensive, starting with a minimum deposit of $10. This proves that NPBFX is the broker of all traders, both novice and professionals.

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

Npbfx is a forex business that used to be a piece of a russian business bank and has now turned into its very own substance offering exchanging administrations directed seaward, aside from institutional customers who are still served by the parent body. NBPFX’s parent bank is managed by the bank of russia, and cases to work since 1996. The present retail forex financier is directed by the international financial services commission in belize. At the point when the new organization was framed it turned out to be a piece of the commission and afterward settled a pay store of $20,000 per client. The site is accessible in english, french, vietnamese, malaysian, russian, and indonesian and their objective market is by all accounts russian speakers. Npbfx review includes that the brokerage firm offers master, expert and VIP account that can be opened with the low deposit of $ and the platform that is offered by the company are meta trader 4, zuluttrade, myfxbook auto trade platform.

Npbfx broker reviews

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Npbfx broker

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Broker is a member of the financial commission

Social trading via zulutrade platform

Wide range of research materials

Broker info

Broker services

Funding methods: bank cards, EPS, bank wire transfer

Platform info

Mobile trading: ios, android

NPBFX review

The company offers its services since 1996. NPBX allows traders to buy and sell FX currency pairs as well as several cfds. This forex platform is a member of the financial commission, which is a kind of a regulator providing traders with a higher level of guarantees.

Main trading conditions and tools

There are three types of trading accounts including master, expert, and VIP. The minimum deposit is 10USD/EUR. The maximum leverage amount is 1:200. The minimum order amount is 0.01 lot. Before you start trading using your real money, you can try a demo version of the platform to practice your skills and a strategy.

As for the deposit/withdrawal features, you can fund your account by using bank cards, wire transfer, digital payment methods like webmoney, qiwi, neteller skrill and many others. Withdrawal should be done to the same account you have deposited from. There is no way to fund your account with cryptocurrency.

Trading platforms

NPBFX offers only metatraders for the clients, but with the wide range of its varieties including the web terminal and mobile version. This trading platform offers the following benefits:

Instant execution due to the STP/NDD technology.

Max deviation feature allows traders to indicate the maximum possible deviation of the current market price from the price you want.

No freeze levels.

Locking and hedging your positions.

Algorithmic trading.

Dow jones news wire.

Metatrader offers also a wide range of tools for market analysis. You can find here many useful indicators as well as some important graphic tools like lines, trend lines, fibonacci, etc.

Training and research

If you have heard something about forex trading but never opened a single market order, you need some knowledge to begin. NPBFX offers a wide range of training materials which will help you to improve your skills and get the basics of trading.

Here you can find some articles and videos for the very beginners, different types of trading strategies, seminars, and webinars. There is also an electronic manual on forex trading. What are the topics? They are standard and include basic knowledge about the markets, analysis methods, trading strategies, psychology as well as money and risk management. As it was mentioned above, once you are ready, you can try the demo account before risking your own money.

The research section is rich in information and offers different types of reviews, trading signals, news, video reviews, some useful tools like economic calendars and quotes, etc.

Pros and cons

The benefits of trading with NPBFX are the following:

The broker has a long history.

It is a member of the financial commission.

The company offers a rich training program.

There is a demo account for the newcomers.

Wide range of research materials.

Social trading via zulutrade platform.

As for the disadvantages, they are the following:

No official regulation from any famous watchdog.

NPBFX offers only one trading platform.

The website has a user-friendly interface and it is easy to browse. You can reach any page you want in a couple of clicks.

Testimonials

We have found many opinions on the broker on different web sites. Some of them are positive, but there are negative ones. Please leave your comment to help the others understand whether this broker is worth their attention or not.

To finalize this review it is to mention that the broker offers several features for all types of traders and investors. You can do it on your own or use a zulutrade platform offering the opportunity to skilled traders to give you signals.

Broker is a member of the financial commission

Real reviews of NPBFX 2021

Around two years ago i made a claim regarding a hung quote i had. I mean that trading on news, when the price sharply turned to my direction, the quote hung and i couldn’t lock in profits during several minutes. But as soon as the price got back and turned to a negative direction, everything started to work properly. Just a miracle=))) of course nobody settled my claim. Sorry for my english=))

Never work with this dc, dudes. They don’t even want to give me back my damn fifteen bucks. And this is despite the fact that they have my withdrawal request for over 2 weeks already – and still no status changes). I’ll never make a deal with them again…

NPBFX was not a random choice for me – i spent a lot of time studying information about its main competitors. Finally i selected this company and i’ll try to explain why=)) the main features of this company are stp system and free trade signals. On top of that they have very good support team. These guys really work 24 hours 7 days a week. I know what i am talking about because i’ve been trading here for 9 months. Like most other beginners i started with their demo account. Then i switched to a real account. Now i get stable profits and i am not thinking about changing to another broker. Spreads are pretty fine and order execution is always instant.
To be fair i’d like to mention some disadvantages. Slippages happen very often and personal account interface is not comfortable. But it’s not a big deal for me=))). In general this broker is very interesting and can be attractive for beginners!

This rating shows only the best brokers and i selected NPBFX. I like the way their npbtrader trading terminal is working… it’s smooth and without glitches. Reliable broker that has never disappointed me. Appreciate it.

I believe i can trust NPBFX broker! My trading story here is around 4 months and I’m feeling like I can give some recommendations to other traders. They provide many convenient and interesting services that will be helpful on your way to profits. All orders are executed without requotes and slippages even at news. Their spread is low - from 0.8 p. And minimum deposit is only 10 american dollars. Speaking ‘bout deposition/withdrawals – no problems with NPBFX company.

4 now i suspended all possible connections wit NPBFX broker ‘cuz am broke at the moment. I mean i had to back off on forex at all, but hope i’ll get back to it soon earning my money. This broker was good so i leave positive comments.

I tried doing business with NPBFX twice: my first time was four years ago, but I quit forex. And my second time was when I started dealing with it several months ago. I like working with them.

Didn’t know I can get compensated here. I hope they really mean it like that ‘cause the broker seems quite serious and has a lot of positive feedbacks.

I looked through this forex rating and picked up NPBFX – attractive conditions, that’s a bank after all if I am not mistaken.

Know what? I always see into the brokers ratings and go for those ones having best terms and it’s all about reliance. Npbfx broker got my eye with quite good reviews and users comments. Well, I dare say I’ll probably try to open my account.

I didn't see negative reviews about NPBFX and I'm not going to write something like that. I've been trading since 2016 but not a lot (I spend more time on binary options) and I still have some profit. I like their webinars, worth and useful information. It's quite difficult to find such trainings.

It's a young broker but with high level service and regular promo offers. I'm comfortable with this broker, reliable partner.

NPBFX is a company that I can advise people for sure. A bank broker, a professional approach to work, I trade as an adviser and I withdraw up to $50 per week. I used to work with all sorts of offshore companies, I monitored reviews on the internet, failed, lost my deposit, sometimes I did it myself, but mostly someone helped me, but after having familiarized myself with the nefteprombank, I realized that there are still some worthy forex companies

I've heard a lot about this broker, I learn analytics there, and it's quite interesting and always up-to-date.

So, let's see, what we have: is NPBFX a scam or not? Detailed NPBFX review, which is a must read before you trade with this forex broker. Read all NPBFX pros and cons, full description of trading accounts, platforms, spreads, promotions at NPBFX review page on topbrokers.Com at npbfx broker