MTrading vs NPBFX Comparison: Which Is Better for Traders?
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 - MTrading or NPBFX?
Our pick: NPBFX
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - NPBFX looks preferable to MTrading.
NPBFX scored 4.2/5 and ranks 32 in our all Forex brokers list, whereas MTrading has 3.1/5 and ranks 63.
This is not financial advice. See the full comparison below.
Who is MTrading suitable for?
MTrading is suitable for traders who prefer the MetaTrader 4 platform and a variety of instruments but are ready for potential risks due to lack of regulation.
Who is NPBFX suitable for?
NPBFX is ideal for traders who value STP accounts, education, MetaTrader 4, participation in contests, and a decent selection of markets and products
Comparison Table of MTrading and NPBFX
| Broker | MTrading | NPBFX |
|---|---|---|
| Rating | 3.1/5 | 4.2/5 |
| Foundation Year | 2011 | 2016 |
| Regulated in Countries | Saint Vincent and the Grenadines | Comoros |
| Minimum Deposit |
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| Spread | from 0 points | from 0.4 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | MTrading Review | NPBFX Review |
MTrading Review
MTrading offers a variety of trading accounts that can meet the needs of traders with different levels of experience and capital sizes. The wide range of trading instruments available makes this broker attractive for traders seeking to diversify their investments. The copy trades service may also be of interest to beginners who want to profit by following the strategies of successful traders.
MTrading is suitable for new traders, especially those who want to try copying trades and working with various trading instruments on one platform.
Pros and Cons of MTrading
Pros
- Availability of different types of trading accounts.
- Wide range of trading assets.
- Own copy trading platform.
Cons
- Lack of licenses from reputable regulators.
- Limited choice of trading platforms.
- Only one method of communication with support service.
- Absence of some popular deposit and withdrawal methods.
- Sparse analytical and educational materials compared to competitors.
NPBFX Review
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.
Pros and Cons of NPBFX
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.
NPBFX is in the top 10 of the following ratings:
Reliability
| Broker | MTrading | NPBFX |
|---|---|---|
| Reliability | 2/5 | 3.2/5 |
| Foundation Year | 2011 | 2016 |
| Regulated in Countries | Saint Vincent and the Grenadines | Comoros |
| Regulators |
MTrading
Broker MTrading is registered in a jurisdiction with limited regulation, which may raise concerns among investors.
Pros
- Company's reputation in the market.
- Measures to ensure the security of client funds.
Cons
- Lack of regulation by major financial authorities.
- Potential risks for investors due to weak regulation.
NPBFX
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
| Broker | MTrading | NPBFX |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
|
|
MTrading
Opening an account with MTrading is a simple, convenient, and fast process.
NPBFX
Registration on the website is simple and quick, as it requires minimal information.
Account Types
| Broker | MTrading | NPBFX |
|---|---|---|
| Account Types | 4.3/5 | 4.5/5 |
| Trading Accounts |
|
|
| Minimum Deposit |
|
|
| Spread | from 0 points | from 0.4 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 |
MTrading
Broker MTrading offers a variety of accounts that meet the needs of different traders, but there are no accounts with fixed spreads.
Pros
- Wide selection for different levels of experience.
- Ability to start trading with small amounts.
- Availability of copy trading service.
Cons
- Absence of accounts with fixed spreads.
NPBFX
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
| Broker | MTrading | NPBFX |
|---|---|---|
| Commissions | 1.5/5 | 4/5 |
| Spread | from 0 points | from 0.4 points |
| Average Spread (EURUSD) | 1.3 | 1.2 |
| Commission per Lot | $4 |
MTrading
MTrading's commissions are above the market average, which can affect the overall profitability of the trader.
Pros
- There are no withdrawal fees.
Cons
- Commission per trade on M.Pro is above average.
- Almost all swaps are negative.
- Additional commission for account inactivity.
NPBFX
NPBFX 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
| Broker | MTrading | NPBFX |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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MTrading
MTrading offers a limited selection of payment systems, but transactions are fast and commission-free.
Pros
- No commissions for depositing and withdrawing funds.
- Fast execution of payments.
- Support for cryptocurrency payments.
Cons
- Lack of popular methods such as bank transfer and credit cards.
NPBFX
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
| Broker | MTrading | NPBFX |
|---|---|---|
| Markets and Products | 4/5 | 4/5 |
| Forex | 38 | 38 |
| Precious Metals | 5 | 2 |
| Energy Carriers | 3 | 3 |
| Indices | 10 | 11 |
| Stocks | 87 | 62 |
| ETF | 9 | 2 |
| Cryptocurrency | 12 | 5 |
MTrading
MTrading offers a wide range of trading assets, covering major markets and allowing traders to flexibly form their portfolio.
Pros
- Access to 38 currency pairs in the Forex market.
- Ability to trade CFDs on stocks, indices, commodities, and cryptocurrencies.
Cons
- Soft commodities are not available.
- The overall number of CFDs is average, lower than many competitors.
NPBFX
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 an even greater number of instruments and markets.
Trading Platforms
| Broker | MTrading | NPBFX |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
| Trading Platforms |
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MTrading
MTrading focuses on the MetaTrader 4 platform, offering its various modifications, but limits the choice of alternatives.
Pros
- Availability of the time-tested and popular MT4 platform.
- Additional features in MT4 Supreme Edition to enhance trading.
- Ability to trade through a browser with WebTrader.
Cons
- Lack of modern platforms such as MetaTrader 5 or cTrader.
NPBFX
NPBFX 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
| Broker | MTrading | NPBFX |
|---|---|---|
| Rating | 3/5 | 5/5 |
MTrading
MTrading offers basic analytical tools, but they may seem limited compared to competitors.
Pros
- Access to up-to-date financial market news.
- Technical analysis from the company's experts.
Cons
- Lack of advanced analytical tools.
- No integrated services such as Autochartist or Trading Central are provided.
NPBFX
NPBFX offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
Education
| Broker | MTrading | NPBFX |
|---|---|---|
| Rating | 2.5/5 | 4/5 |
MTrading
MTrading offers basic educational materials targeted at beginner traders, but their range is limited.
Pros
- Articles on the basics of Forex.
- Overviews of indicators and strategies.
Cons
- Lack of advanced educational resources.
- No webinars or video tutorials are provided.
- Limited variety of topics.
NPBFX
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
Customer Support
| Broker | MTrading | NPBFX |
|---|---|---|
| Rating | 2.5/5 | 5/5 |
| Email Support | — |
|
| Hotline Phones | — |
|
| Social Media | — |
Facebook
Telegram
LinkedIn
Instagram
YouTubeMTrading
MTrading's technical support has an average level, with certain shortcomings in communication channels and resolving client issues.
Pros
- Availability of online chat for quick communication.
- Support through social media.
Cons
- Lack of telephone line and email support.
- Issues with response timeliness.
- Complaints about ineffective resolution of finance-related issues.
NPBFX
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 MTrading and NPBFX with other brokers
Conclusion
NPBFX stands out as the better overall pick, while MTrading trails on aggregate criteria.
NPBFX scored 4.2/5 and ranks 32 in our rating; MTrading has 3.1/5 and ranks 63.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: MTrading or NPBFX?
NPBFX comes out ahead by overall rank (score 4.2/5, position 32) versus MTrading (score 3.1/5, position 63).
Which broker is better for beginners: MTrading or NPBFX?
NPBFX is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — MTrading or NPBFX?
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 MTrading and NPBFX?
MTrading: MetaTrader 4. NPBFX: MetaTrader 4. See the “Platforms” section for details and selection tips.
What markets can you trade with MTrading and NPBFX?
MTrading: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. NPBFX: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by MTrading and NPBFX?
MTrading: M.Cent, M.Premium, M.Pro. NPBFX: Master, Expert, VIP, Standard Cent. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by MTrading and NPBFX?
MTrading: Neteller, Skrill. NPBFX: WebMoney, Qiwi, YooMoney, Moneta.ru, FasaPay, Skrill, Neteller, Volet, Perfect Money, Payoma, Swift, SEPA, Visa, Mastercard, Maestro, Альфа Банк, Промсвязьбанк, Русский Стандарт, Faktura.ru, Почта Банк. Check method-specific fees/settlement times.
Which broker is safer — MTrading or NPBFX — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
