xChief vs NPB Markets Comparison
Compare trading conditions, commissions and platforms of Forex brokers xChief and NPB Markets. Find out which broker is best for you.
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - xChief or NPB Markets?
Key differences between the brokers
Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.
xChief
- Minimum deposit · USD
- 1 USD
- Different platforms
- MetaTrader 5
- Different markets
- None listed
NPB Markets
- Minimum deposit · USD
- 10 USD
- Different platforms
- None listed
- Different markets
- ETF
Comparison Table of xChief and NPB Markets
Swipe the table left or right to view all data.
| Broker | xChief | NPB Markets |
|---|---|---|
| Foundation Year | 2014 | 2016 |
| Regulated in Countries | Comoros, South Africa, Kazakhstan | Comoros |
| Minimum Deposit |
|
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
|
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| Review | xChief Review | NPB Markets Review |
xChief Review
xChief offers traders a variety of opportunities and services for successful trading in the Forex market. With a wide selection of trading instruments, reliable trading platforms, contests, and educational materials, the broker creates conditions for developing traders of all experience levels.
Pros and Cons of xChief
Pros
- A wide range of trading instruments.
- Availability of cent and PAMM accounts.
- Tight spreads and low commission per transaction.
- Scalping and algorithmic trading allowed.
Cons
- Weak analytical section.
- No educational courses and webinars for beginner traders.
xChief is in the top 10 of the following ratings:
NPB Markets Review
NPB Markets 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, NPB Markets provides quality service and can be used by most traders.
Pros and Cons of NPB Markets
Pros
- A rich selection of analytical tools and resources.
- Extensive education section.
- A variety of trading account types.
- Numerous available methods for depositing and withdrawing funds.
Cons
- Lack of alternatives to the MetaTrader 4 platform.
- Regulation in an offshore jurisdiction.
NPB Markets is in the top 10 of the following ratings:
Reliability
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| Broker | xChief | NPB Markets |
|---|---|---|
| Reliability | 4/5 | 3.2/5 |
| Foundation Year | 2014 | 2016 |
| Regulated in Countries | Comoros, South Africa, Kazakhstan | Comoros |
| Regulators |
xChief
xChief’s reliability can be rated as average. The group holds MISA, FSCA, and AFSA licences, but most retail clients are served by the offshore entity XCHIEF LTD, which provides a limited level of protection.
Pros
- The group includes several regulated entities.
- Holds FSCA and AFSA licences.
Cons
- Most retail accounts are regulated by MISA.
NPB Markets
The broker has certain protective measures but is registered in offshore jurisdictions.
Pros
- Membership in The Financial Commission.
- Existence of a Compensation Fund.
- Regulation by multiple bodies.
Cons
- Registration in offshore jurisdictions.
- Lack of information on deposit insurance.
Account Opening
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| Broker | xChief | NPB Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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xChief
Opening an account with Forex Chief is simple and fast thanks to a clear registration and verification process.
NPB Markets
Opening an account with NPB Markets is straightforward, with a short registration form, clear verification requirements, and three base currencies.
Pros
- Simple registration.
- Clear document requirements.
Account Types
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| Broker | xChief | NPB Markets |
|---|---|---|
| Account Types | 5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0.1 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
xChief
Forex Chief offers a variety of account types, satisfying the needs of different traders, from beginners to professionals.
Pros
- Wide selection of accounts: DirectFX, Classic+, cent, and Islamic.
- Demo accounts are available for novice traders.
- Investment accounts available: PAMM accounts and copy trading.
NPB Markets
The broker offers a wide range of accounts, meeting the needs of different traders.
Pros
- STP accounts
- Opportunity to copy trades of successful traders.
- Availability of cent accounts for beginners.
Cons
- No accounts with fixed spreads.
Commissions
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| Broker | xChief | NPB Markets |
|---|---|---|
| Commissions | 4.2/5 | 4/5 |
| Spread | from 0 points | from 0.1 points |
| Average Spread (EURUSD) | 0.7 | 1.2 |
| Commission | per 1 lot$2.50 | per 1 lot$4.00 |
xChief
Forex Chief offers attractive commissions and tight spreads, although swaps are average for the market. Rebates add extra benefits for active traders.
Pros
- Low commission per trade.
- Tight spreads.
- No inactivity fees and no withdrawal fees.
Cons
- High swaps.
NPB Markets
NPB Markets offers average market spreads and swaps.
Pros
- No inactivity fee.
- No withdrawal fee.
- Cashback with up to 60% spread return
Cons
- Average spreads and swaps.
Deposit and Withdrawal
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| Broker | xChief | NPB Markets |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Account Funding Methods |
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xChief
ForexChief offers a wide range of deposit and withdrawal methods without any fees on their part, with fast processing of requests.
NPB Markets
The broker offers a wide selection of deposit and withdrawal methods, with no commission on deposits and commission compensation on the first withdrawal.
Pros
- Multiple deposit/withdrawal methods.
- No deposit fee.
- Commission compensation on the first withdrawal.
Cons
- Withdrawal processing time can be long.
- High commission of payment systems on withdrawal
Markets and Products
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| Broker | xChief | NPB Markets |
|---|---|---|
| Markets and Products | 4/5 | 4/5 |
| Forex | 39 | 38 |
| Precious Metals | 2 | 2 |
| Energy Carriers | 3 | 3 |
| Indices | 10 | 11 |
| Stocks | 100 | 62 |
| Cryptocurrency | 5 | 5 |
| ETF | - | 2 |
xChief
Forex Chief offers a respectable variety of trading instruments.
Pros
- Wide range of currency pairs and CFDs.
- Access to cryptocurrency trading.
- Flexible margin requirements.
Cons
- Lack of soft commodities.
- Limited number of stock CFDs.
NPB Markets
NPB Markets 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 an even greater number of instruments and markets.
Trading Platforms
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| Broker | xChief | NPB Markets |
|---|---|---|
| Rating | 4/5 | 4/5 |
| Trading Platforms |
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xChief
Forex Chief offers widely used and functional MT4 and MT5 platforms, providing convenience and accessibility for traders.
Pros
- Use of popular and proven MT4 and MT5 platforms.
- Availability of platforms on various OS (Windows, iOS, Android).
Cons
- Lack of proprietary unique platform.
- Limited selection of platforms compared to some competitors.
NPB Markets
NPB Markets platforms provide functionality and convenience for different categories of traders.
Pros
- Use of the popular MetaTrader 4 platform.
- NPB Invest trade copying service.
Cons
- Lack of alternatives to MT4
Analytics
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| Broker | xChief | NPB Markets |
|---|---|---|
| Rating | 3/5 | 5/5 |
xChief
ForexChief offers basic analytical tools, but they are generally insufficient for serious trading.
Pros
- Current central bank interest rates.
- Convenient trader's calculator.
Cons
- Outdated economic articles.
- Insufficient variety of analytical tools.
NPB Markets
NPB Markets offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
Education
Swipe the table left or right to view all data.
| Broker | xChief | NPB Markets |
|---|---|---|
| Rating | 3/5 | 4/5 |
xChief
ForexChief's educational materials cover the basics, but do not offer in-depth training.
Pros
- Wide range of article topics for beginners.
- Various trading strategies and indicators are presented.
Cons
- Lack of more advanced materials.
- No video tutorials or webinars.
NPB Markets
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
Customer Support
Swipe the table left or right to view all data.
| Broker | xChief | NPB Markets |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Email Support | ||
| Hotline Phones | ||
| Social Media |
xChief
ForexChief support is well-organized and easily accessible, but has limited operating hours.
NPB Markets
Numerous communication channels are available, including online consultant, personal manager, email, and phone. The customer support schedule is also quite extensive, providing support at almost any time.
Comparisons of xChief and NPB Markets with other brokers
Conclusion
When choosing between xChief and NPB Markets, match their platforms, markets, account types and funding terms to your needs.
Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.
FAQ
Which broker is better: xChief or NPB Markets?
xChief ranks higher than NPB Markets in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.
Which broker is better for beginners: xChief or NPB Markets?
Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.
Who has lower typical trading costs (spreads/commissions) — xChief or NPB Markets?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with xChief and NPB Markets?
xChief: MetaTrader 4, MetaTrader 5. NPB Markets: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with xChief and NPB Markets?
xChief: Forex, Precious Metals, Energy Carriers, Indices, Stocks, Cryptocurrency. NPB Markets: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by xChief and NPB Markets?
xChief: CENT, Classic+, DirectFX, xPRIME. NPB Markets: Master, Zero, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by xChief and NPB Markets?
xChief: Skrill, Neteller, Volet, WebMoney, FasaPay, SEPA, Credit and Debit Cards, Online banking. NPB Markets: WebMoney, Skrill, Neteller, Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — xChief or NPB Markets — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
