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NPBFX Review 2024

Last updated Sep 17, 2024
NPBFX is trusted. Tested via live trading.

Highlights of NPBFX

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RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
ForexIndicesCryptocurrencyETFStocksCommodities
Trading Platforms
MetaTrader 4
Deposit/withdrawal:
WebMoney Logo
Qiwi Logo
YooMoney Logo
Moneta.ru Logo
FasaPay Logo
Skrill Logo
Neteller Logo
AdvCash Logo
Perfect Money Logo
Payoma Logo
Swift Logo
SEPA Logo
Visa Logo
Mastercard Logo
Maestro Logo
Альфа Банк Logo
Промсвязьбанк Logo
Русский Стандарт Logo
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compare NPBFX trading accounts

NPBFX is an international broker that has been operating since 1996 and is regulated by the SVGFSA.

The broker caters to both novice and experienced traders through its educational programs, variety of account types, and range of trading instruments. Numerous positive user reviews attest to the reliability and professionalism of NPBFX.

Pros and Cons of NPBFX

Pros

  1. A rich selection of analytical tools and resources.
  2. Extensive education section.
  3. A variety of trading account types.
  4. Numerous available methods for depositing and withdrawing funds.

Cons

  1. High commission per trade on the Zero account.
  2. Lack of alternatives to the MetaTrader 4 platform.
  3. Regulation in an offshore jurisdiction.

NPBFX reviews

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NPBFX Broker Overview

Foundation Year2016
Official Websitehttps://www.npbfx.com
Regulated in CountriesSaint Vincent and the Grenadines, ComorosMore Details
Minimum Deposit
  • 10 USD
  • 10 EUR
  • 500 RUB
  • 50 CNY
Spreadfrom 0 points
Max Leverage1:1000
Trading Assets
  • Forex
  • Indices
  • Cryptocurrency
  • ETF
  • Stocks
  • Commodities
Trading Platforms
  • MetaTrader 4
Email Support
  • info@npbfx.com
  • client.payments@npbfx.com
Hotline Phones
Social Media

Nefteprombank is a joint-stock commercial bank that has been in existence since 1992. It obtained a brokerage license in 1996. Through NPBFX (NEFTEPROMBANKFX), a trader can access the Forex market using STP/NDD technology (Straight-through processing / Non-Dealing Desk).

NPBFX is in the top 10 of the following ratings:

NPBFX Review Summary

All ratings presented in this review have been assigned by our unique methodology, which you can study by following the link: Broker Evaluation Methodology. We strive to provide the most objective and comprehensive assessment of each aspect of the broker's operations to help you make an informed choice. Please continue reading to learn more about NPBFX and why we give it such a rating.

Reliability and Regulation

Rating:3.2/5
Legal EntityRegulator

Broker NPBFX has specific client protection measures and a regulatory structure.

NPBFX is regulated and operates under the jurisdiction of NMarkets Limited, a company registered in the island of Moheli (part of the Union of Comoros) and Saint Vincent and the Grenadines. This means that the laws of these countries regulate the company.

In addition, NPBFX is a member of The Financial Commission, an independent international organization for dispute resolution. This protects the company's clients, as The Financial Commission ensures quick and professional resolution of disputes between the broker and trader. The compensation fund of this organization can pay compensations up to 20,000 euros per claim if the company refuses to comply with the decision of The Financial Commission.

However, it should be noted that the Union of Comoros and Saint Vincent and the Grenadines are generally considered offshore zones, and some people may see this as a risk since regulatory standards in such countries may not be as strict as, for example, in Europe or the USA.

Account Opening

Rating:5/5

The account opening process with the NPBFX broker appears simple and convenient. Registration on the website is done in a few steps and requires a minimum of information. Access to the personal account is granted after email and phone verification. Verification is necessary for funds withdrawal, a standard procedure for most brokers.

Official NPBFX Website

Official NPBFX Website
Official NPBFX Website

The official NPBFX website provides all the information a potential client-trader may need. Separate sections include:

  • analytics for more convenient price forecasting;
  • educational opportunities;
  • trading conditions;
  • sections on passive investing;
  • promotions, bonuses, contests;
  • general information about the company;
  • partnership opportunities.

The site is available in 7 languages. Platform downloading is possible without registration, but a personal account is required for operation.

Registration

To enter the personal account, you must first register. To do this, click the corresponding button in the upper right corner of any page of the NPBFX website.

Next, a form opens for filling out with the minimum necessary information. Here, an actual phone and email are required in addition to the surname and name.

NPBFX registration form
NPBFX registration form

Client's Area

After registration and confirmation of email and phone, the client has access to most actions:

  • opening accounts – either trading or demo;
  • funding accounts;
  • participation in promotions and contests;
  • exploring trading ideas and recommendations on the analytical portal;
  • trading.

However, to withdraw funds from your account, you must complete identity and address verification by uploading documents to the website.

Verification on NPBFX
Verification on NPBFX

You can access the NPBFX personal account at my.npbfx.biz by entering your email and password.

Minimum Deposit

The minimum deposit at NPBFX broker varies depending on the type of trading account. For the "Master" account type, the minimum deposit is only 10 USD / 10 EUR / 500 RUB or 50 CNY for the "Master - Chinese Yuan" account. Opening cent accounts with a minimum deposit of 10 USD is also possible.

Account Types

Rating:4.5/5

Among the account types offered by NPBFX, some options meet the needs of both beginners and experienced traders and those who want to invest or copy the trades of successful traders. The trading conditions, including minimum deposits, spreads, and leverage, are overall very competitive.

Trading Accounts

For Forex trading, NPBFX broker offers 7 trading accounts.

MasterExpertZeroStandard CentZero CentMaster - Chinese YuanVIP
Account CurrencyUSD, EUR, RUBUSDCNYUSD, EUR, RUB
Minimum Deposit10 $10 5 000 $5 000 1 000 $1 000 10 $50 ¥50 000 $50 000
Trading PlatformsMetaTrader 4
Spreadfloatingfrom 0.8 pipsfor EURUSD~ 1.2 pipsfloatingfrom 0.6 pipsfor EURUSD~ 1 pipsfloatingfrom 0 pipsfor EURUSD~ 0.1 pipsfloatingfrom 0.8 pipsfor EURUSD~ 1.2 pipsfloatingfrom 0 pipsfor EURUSD~ 0.1 pipsfloatingfrom 0.8 pipsfor EURUSD~ 1.2 pipsfloatingfrom 0.4 pipsfor EURUSD~ 0.8 pips
Commission per Tradeper 1 lot~ 4 $per 1 lot~ 4 $
Trading AssetsForexIndicesCryptocurrencyETFStocksCommodities
Opened Positions
Leverage1:1-1:10001:1-1:2001:1-1:10001:1-1:200
Margin Call / Stop Out100% / 20%
Order ExecutionSTP
Demo Account
Islamic Account
RegisterRegisterRegisterRegisterRegisterRegisterRegister

Automated trading is possible through the connection of expert advisors and the installation of trading robots on the platform. The company itself does not particularly emphasize this approach.

Who are the trading accounts suitable for?

  1. Master. Designed for novice traders.

  2. Zero. Aimed at traders with some experience.

  3. Expert. Suitable for professionals.

  4. VIP. Intended for highly experienced traders or investors.

  5. Standard Cent and Zero Cent. Suitable for those who are just starting their journey in trading and want to understand the basics without risking large sums.

  6. Master - Chinese Yuan. It is designed for traders from China or those who prefer to trade in yuan.

Cent Accounts

Cent Accounts are one of the trading accounts offered by the broker NPBFX. They are primarily intended for novice traders who want to gain practical experience in Forex trading without significant risks.

NPBFX offers 2 types of cent accounts:

  1. Standard Cent.

  2. Zero Cent.

The main advantage of cent accounts is that all transactions are conducted in cents, not dollars or euros. This allows the trader to manage larger volumes of funds without significant investments while still getting a realistic understanding of Forex trading.

On the other hand, profits on these accounts are also measured in cents, so they are unsuitable for those looking to make a significant profit quickly. However, they are perfect for novice traders who want to learn to trade without substantial financial risks.

Demo Account

Before starting actual trading, you can practice on a demo account. As with most real Forex brokers, it can be registered an unlimited number of times directly in the terminal. The second option is to create it through the personal account area.

There are 4 types of demo accounts available:

  • Demo Master
  • Demo Expert
  • Demo VIP
  • Demo Standard Cent

All demo accounts are equivalent to trading accounts in terms of performance.

Swap Free Account

A Swap-free or Islamic account is a trading account without swaps. The Swap Free service is provided to clients who cannot use swap operations due to religious beliefs.

To open an Islamic account:

  1. open a regular trading account in your area;
  2. send a request to info@npbfx.com with the subject line 'Activation of Swap Free service' and the message: "I, (state: Last Name First Name), request the activation of the Swap Free service for my trading account (state: trading account number).";
  3. receive confirmation of the conversion of your trading account to Swap-Free terms.

Copy Trading Accounts

Signal accounts offered by the broker NPBFX:

Account TypeMinimum DepositSpreadCommissionMax. LeverageTrading Instruments
NPB Invest100 USD / 100 EUR / 5000 RUBfrom 2.5 pointsNone1:500Currencies, stock indices, precious metals, commodities, cryptocurrencies
MyDigiTrade10 USD / 10 EUR / 500 RUBfrom 2.2 pointsNone1:500Currencies, precious metals, cryptocurrencies
Myfxbook AutoTrade1000 USD / 1000 EUR / 50000 RUBfrom 2.2 pointsNone1:500Currencies, stock indices, precious metals, cryptocurrencies
Signals MetaQuotes10 USD / 10 EUR / 500 RUBfrom 1.4 pointsNone1:500Currencies, stock indices, precious metals, commodities, cryptocurrencies

Accounts for copying trades of successful traders are designed for those who want to trade in financial markets but lack the experience, time, or skills for independent analysis and making trading decisions. This can also be useful for diversifying their trading strategy or increasing their profitability.

Copying trades of successful traders allows clients to automatically copy the operations performed by professional traders and profit when they profit. Thus, even inexperienced traders can benefit from the knowledge and experience of professionals.

These accounts are suitable for a wide range of investors, from beginners who want to start trading without the need to learn the complex aspects of financial markets to experienced traders who wish to diversify their strategies and increase their profitability.

Contests

Regularly, there are demo account contests, such as "Traders' Battle," where the prize pool is 2500 US dollars, and a special prize is an iPhone 14 Pro. To win an award, one must place in the top 10.

Monthly demo account contest: Traders' Battle

Contest conditions: trade on the financial market and enter the top 10 in profit

Prize pool:

  • First place – 1000 USD
  • Second place – 500 USD
  • Third place – 200 USD
  • 4-5 places – 150 USD
  • 6-10 places – 100 USD
  • Super prize - iPhone 12 Pro

Registration for contests and requests for promotions are done through the personal account or via phone and online operators.

Commissions

Rating:3.2/5

NPBFX offers a balanced commission system, making it attractive for traders of various levels. The broker's spreads are competitive in the market. However, the trading commission per transaction is relatively high.

At the same time, it is worth noting that NPBFX does not charge an inactivity fee or withdrawal fees (only the payment providers' fees apply).

Trading Commission

On the Zero account, NPBFX has set a commission of $4 per entire lot. Compared to competitors, this commission is relatively high.

Below is the commission for opening 1 lot on the EURUSD pair at different Forex brokers:

BrokerIC MarketsRaw SpreadPepperstoneRazorNPBFXZeroRoboforexECNFxProRaw+
Commission per lot$3.5$3.5$4$2.16$3.5

Spreads and Swaps

The level of spreads offered by NPBFX is in the average range in the market. However, NPBFX's swaps are somewhat higher than those of most competitors.

Below are the average spreads and swaps of the broker for major currency pairs on the Master account.

AssetAverage spreadSwap longSwap short
AUDUSD2.0 pips? pips-0.20 pips
EURUSD1.5 pips-7.70 pips-0.80 pips
GBPUSD1.8 pips-4.50 pips-4.30 pips
NZDUSD1.9 pips-2.10 pips-2.10 pips
USDCAD2.0 pips-2.60 pips-6.40 pips
USDCHF1.8 pips6.20 pips-12.10 pips
USDJPY2.6 pips18.90 pips-27.40 pips

Other Commissions

It is worth noting that NPBFX has several advantages regarding other commissions. Thus, the company does not charge an inactivity fee nor for withdrawals (payment systems charge), which is an essential plus in favor of NPBFX.

Cashback

NPBFX offers a unique opportunity for cashback on trading. By funding a trading account with at least 100 dollars, 100 euros, or 5000 rubles, a trader can receive payments to the account for each completed transaction. The cashback amount can reach up to 60% of the spread, equivalent to $7 per lot.

The advantage of this program is that the cashback is fully available for withdrawal and trading without any restrictions. The maximum payout is $10,000 monthly, and the minimum trade volume is just 0.01 lots.

It is important to note that cashback is credited only to Master type trading accounts. This offer allows traders to optimize their commission costs and increase their income.

Deposit and Withdrawal

Rating:4/5

Account funding and withdrawal options at NPBFX are represented by a wide range of methods, including bank cards, electronic wallets, cryptocurrencies, and bank transfers. This provides traders with multiple options depending on their personal preferences and needs.

However, it is essential to consider the high commission charged by payment systems for withdrawals and the potentially long processing time for withdrawal requests.

How to Fund Your Account

Account funding occurs after you have registered your account. Therefore, first, you need to select "Trading Account" in the left column of your area, then decide which type of account suits you. The terminal can be downloaded either before or after this.

All funding methods are available only after the client has passed verification, i.e., confirmed their identity and address with the appropriate documents.

Account Funding Methods

Payment SystemCurrenciesDeposit FeeOperation Limit
WebMoneyWebMoney
USDEUR
9%
QiwiQiwi
USDEURRUB
0%
YooMoneyYooMoney
RUB
0%
Moneta.ruMoneta.ru
USDEURRUB
0%
FasaPayFasaPay
USD
0%
SkrillSkrill
USD
0%
NetellerNeteller
USDEURRUB
0%
AdvCashAdvCash
USDEURRUB
0%
Perfect MoneyPerfect Money
USDEUR
0%
PayomaPayoma
USDEURRUB
0%
SwiftSwift
USDEUR
0%
up to 50000 USD
SEPASEPA
EUR
0%
VisaVisa
USDEURRUB
0%
MastercardMastercard
USDEURRUB
0%
MaestroMaestro
USDEURRUB
0%
Альфа БанкАльфа Банк
USDEURRUB
0%
ПромсвязьбанкПромсвязьбанк
USDEURRUB
0%
Русский СтандартРусский Стандарт
USDEURRUB
0%
Faktura.ruFaktura.ru
USDEURRUB
0%
Почта БанкПочта Банк
USDEURRUB
2%
CryptocurrencyBlockchainDeposit FeeOperation Limit
Логотип TetherUSDT (Tether)TRC20
0%
Логотип TetherUSDT (Tether)ERC20
0%
Логотип TetherUSDT (Tether)BEP20
0%
Логотип TetherUSDT (Tether)Polygon
0%
Логотип USD CoinUSDC (USD Coin)TRC20
0%
Логотип USD CoinUSDC (USD Coin)ERC20
0%
Логотип USD CoinUSDC (USD Coin)BEP20
0%
Логотип USD CoinUSDC (USD Coin)Polygon
0%
Логотип BitcoinBTC (Bitcoin)BTC
0%
Логотип EthereumETH (Ethereum)ERC20
0%
Логотип LitecoinLTC (Litecoin)LTC
0%
Логотип RippleXRP (Ripple)XRP
0%
Логотип ZcashZEC (Zcash)ZEC
0%

NPBFX compensates for the commissions of all payment systems.

How to Withdraw Funds

Almost the same methods are used for withdrawing funds. Any transactions with money in the account are possible only after user verification. Withdrawals are made in the personal area.

Withdrawal Methods

Payment SystemCurrenciesWithdrawal FeeOperation Limit
WebMoneyWebMoney
USDEUR
9%
YooMoneyYooMoney
RUB
8%
QiwiQiwi
USDEURRUB
3%
FasaPayFasaPay
USD
0.5%
SkrillSkrill
USD
4.9%+ 0.32 USD
Moneta.ruMoneta.ru
USDEURRUB
9.5%
NetellerNeteller
USDEURRUB
4.9%
from 2 USDfrom 2 EURfrom 200 RUB
AdvCashAdvCash
USDEURRUB
3.5%
Perfect MoneyPerfect Money
USDEUR
0.5%
PayomaPayoma
USDEURRUB
5.5%
SEPASEPA
EUR
0%+ 10 EUR
from 500 to 40000 EUR
SwiftSwift
USDEUR
3%+ 30 USD
from 500 to 50000 USDfrom 500 to 40000 EUR
MaestroMaestro
USDEURRUB
5%
from 10 to 1000 USDfrom 10 to 1000 EURfrom 150 to 75000 RUB
VisaVisa
USDEURRUB
5%
from 10 to 1000 USDfrom 10 to 1000 EURfrom 150 to 75000 RUB
MastercardMastercard
USDEURRUB
5%
from 10 to 1000 USDfrom 10 to 1000 EURfrom 150 to 75000 RUB
CryptocurrencyBlockchainWithdrawal FeeOperation Limit
Логотип TetherUSDT (Tether)TRC20
0.5%
Логотип TetherUSDT (Tether)ERC20
0.5%
Логотип TetherUSDT (Tether)BEP20
0.5%
Логотип TetherUSDT (Tether)Polygon
0.5%
Логотип TetherUSDT (Tether)TRC20
0.5%
Логотип TetherUSDT (Tether)ERC20
0.5%
Логотип TetherUSDT (Tether)BEP20
0.5%
Логотип TetherUSDT (Tether)Polygon
0.5%
Логотип BitcoinBTC (Bitcoin)BTC
0%
Логотип EthereumETH (Ethereum)ERC20
0.5%
Логотип LitecoinLTC (Litecoin)LTC
0.5%
Логотип RippleXRP (Ripple)XRP
0.5%
Логотип ZcashZEC (Zcash)ZEC
0.5%

For the first withdrawal, the company covers the payment system's commission. For the second and subsequent withdrawals, the commissions of payment providers apply, as indicated in the table above.

Funds sent by bank transfer should arrive within 5 business days. Funds sent by electronic wallet should arrive within 14 business days. The client can contact the company to investigate the transfer if they do not come.

Markets and Products

Rating:4/5

NPBFX offers a sufficiently broad range of trading instruments, including Forex, CFDs on metals, energy carriers, indices, stocks, ETFs, and cryptocurrencies. However, some brokers may offer even more instruments and markets.

For comparison, NPBFX offers over 100 instruments, while RoboForex offers over 12,000 CFDs.

What Markets are available?

BrokerIC MarketsNPBFXPepperstone
Forex613897
Precious Metals7220
Energy Carriers534
Soft Commodities816
Indices251126
Stocks217562986
ETF382108
Bonds10
Cryptocurrency21530

Forex

Traders have a choice of 38 currency pairs.

AUDCADAUDCHFAUDJPYAUDNZDAUDUSDCADCHFCADJPYCHFJPY
GBPAUDGBPCADGBPCHFGBPJPYGBPNZDGBPUSDEURAUDEURCAD
EURCHFEURGBPEURJPYEURNZDEURRUBEURUSDNZDCADNZDCHF
NZDJPYNZDUSDUSDCADUSDCHFUSDDKKUSDHKDUSDJPYUSDMXN
USDNOKUSDRUBUSDSEKUSDSGDUSDTRYUSDZAR  

CFDs

CFDs, or Contracts for Difference, are also available in a wide selection at NPBFX:

  • metals (gold and silver);
  • energy carriers (Brent and WTI crude oil, natural gas);
  • 11 stock indices, including the S&P500;
  • 64 stocks and ETFs from the NYSE and NASDAQ;
  • 5 cryptocurrencies (BTC, ETH, BCH, LTC, XRP).

Margin Requirements

Let's consider the leverage for different groups of trading instruments.

Trading InstrumentMax. Leverage for Retail Traders
Forex
1:1000
Precious Metals
1:500
Energy Carriers
1:200
Indices
1:200
Stocks
1:10
ETF
1:10
Cryptocurrency
1:5

Trading Platforms

Rating:4/5

NPBFX offers its users highly rated high-quality trading platforms. The leading platform, MetaTrader 4, is widely recognized in the industry for its reliability, extensive functionality, and customization capabilities. Many traders are familiar with this platform, which eases the adaptation process.

NPBFX also offers a copy trading platform, NPB Invest, which represents an additional opportunity for investors. The service allows investors to copy the trades of successful traders, which can be particularly useful for beginners.

MetaTrader 4

NPBFX offers its clients the world's most popular trading platform - MetaTrader 4 (MT4).

Advantages of Trading on MT4

  • Ability to hedge open positions.
  • Instant execution of trades with access to the interbank foreign exchange market (STP/NDD technology).
  • There are no freeze levels and the ability to set/change orders within the spread.
  • The instant Execution method allows setting a maximum deviation from the requested price and trade without rejections and requotes.
  • Real-time financial news feed from Dow Jones Newswires.
  • Ability to conduct automatic trading using trading robots.

Which OS is MetaTrader 4 available for?

  • Windows
  • MacOS
  • iOS
  • Android
  • Web-terminal

You can download the MT4 platform for free on the official NPBFX website or in the NPBFX personal account area.

MT4 web terminal on NPBFX
MT4 web terminal on NPBFX

NPB Invest

For investors, NPBFX has made a convenient service for copying trades of successful traders - NPB Invest.

How does NPB Invest work?

  1. Register and fund your signal account in the NPBFX personal area.
  2. Go to the NPB Invest platform and register as a "Strategy Follower."
  3. On NPB Invest, link your signal account with NPBFX.
  4. Select traders, build a portfolio, and start earning.

How to choose a successful trader?

The trader's rating can help you in choosing a trader.

Traders rating on NPB Invest
Traders rating on NPB Invest

Do not rush to copy trades, first familiarize yourself with the trader's strategy. Understanding how they trade, what drawdowns they allow, and what instruments they use is essential. The trader's profile has quite a few indicators for analyzing their trading.

Trader profile on NPB Invest
Trader profile on NPB Invest

Analytics

Rating:5/5

NPBFX offers extensive analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.

Here is the complete list of materials and services available on the NPBFX analytical portal:

  • forecasts for currency pairs, metals, and commodities (daily);
  • economic calendar, trading schedule, holiday calendar;
  • interest rates and dates for registry fixation;
  • news feed from Dow Jones;
  • direct chat with analysts;
  • signals for all trading instruments based on technical analysis;
  • charts of historical volatility and Pivot points;
  • Fibonacci levels calculator;
  • trader's calculator;
  • currency converter and currency heatmap;
  • correlation coefficient calculator;
  • weekly video reviews.
NPBFX analytical portal
NPBFX analytical portal

Access to the portal is available only to registered clients.

Education

Rating:4/5

Clients can choose programs and types of education that interest them - in-person and distance courses, lectures, video materials, and literature.

Educational Materials

Available to clients are:

  1. The electronic textbook 'A Beginner's Guide to Trading on Forex' (free on the analytical portal), which reveals the 'secrets' of fundamental and technical analysis, provides an understanding of the basics of risk management and the psychological characteristics of the trader profession.
  2. Video courses:
  • fundamentals of technical and fundamental analysis;
  • currencies and pricing;
  • charts – support/resistance levels, trends;
  • patterns in technical analysis;
  • timeframes, types of orders, trading period;
  • technical analysis indicators;
  • trading psychology and risk management.
Video courses on NPBFX analytical portal
Video courses on NPBFX analytical portal

Customer Support

Rating:5/5

NPBFX offers a variety of communication channels and client support. Technical support is available five days a week, 24 hours a day, from Sunday to Friday, allowing clients to seek help anytime.

Additionally, clients can contact their manager, whose details are provided in the welcome email after registering a personal account. This indicates the broker's personalized approach to customer service.

An online consultant service is also available, where clients can get answers to common questions or leave their contact details for further communication with a personal manager.

For specific inquiries, clients can use email: for payment-related issues and support for cardholders, the address is client.payments@npbfx.com, and for questions related to trading operations, - client.trading@npbfx.com.

For direct communication with technical support by phone, the number +44 800 069-84-70 is available.

Conclusion

NPBFX is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments. The broker is particularly noteworthy for those who value quality technical analysis and a diversity of trading instruments.

Despite certain drawbacks, NPBFX provides quality service and can be used by most traders.

FAQ

Is NPBFX legit?

Yes, NPBFX is a legitimate broker. It has been operating since 1996 and is regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA).

Which country is NPBFX from?

NPBFX is headquartered in Saint Vincent and the Grenadines.

Is NPBFX an ECN broker?

No, NPBFX operates as an STP (Straight Through Processing) broker, not an ECN broker.

How does NPBFX make money?

NPBFX makes money through spreads and commissions on trades.

Is NPBFX good for beginners?

Yes, NPBFX is suitable for beginners due to its educational programs, demo accounts, and user-friendly trading platforms.

Does NPBFX offer a demo account?

Yes, NPBFX offers a demo account for traders to practice and familiarize themselves with the trading platform before committing real funds.

How can I open an account with NPBFX?

You can open an account with NPBFX by visiting their website, filling out the registration form, and submitting the required identification documents.

How can I delete my NPBFX account?

To delete your NPBFX account, you need to contact their customer support team, who will guide you through the process.

What is the minimum deposit for NPBFX?

The minimum deposit for NPBFX is $10.

What is the maximum leverage on NPBFX?

The maximum leverage offered by NPBFX is 1:1000.

How do I deposit funds in an NPBFX account?

You can deposit funds in your NPBFX account using various methods, including bank transfers, credit/debit cards, cryptocurrencies, and electronic payment systems.

How do I withdraw money from NPBFX?

To withdraw money from NPBFX, you need to log in to your account, navigate to the withdrawal section, and choose your preferred withdrawal method. Follow the on-screen instructions to complete the process.

Does NPBFX provide VPS?

No, NPBFX does not provide VPS (Virtual Private Server) services.

Is NPBFX suitable for scalping?

Yes, NPBFX is suitable for scalping as it allows this trading strategy.

Is NPBFX suitable for auto-trading?

Yes, NPBFX supports auto-trading and provides access to various trading platforms compatible with automated trading systems.

Is NPBFX suitable for hedging?

Yes, NPBFX is suitable for hedging and allows traders to use this strategy.

Is NPBFX suitable for spread betting?

No, NPBFX does not offer spread betting services.

Visit NPBFXTrading CFDs carries high risks. You may lose all invested funds

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.