NPBFX vs Pepperstone 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 - NPBFX or Pepperstone?
Our pick: Pepperstone
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Pepperstone looks preferable to NPBFX.
Pepperstone scored 4.6/5 and ranks 7 in our all Forex brokers list, whereas NPBFX has 4.2/5 and ranks 32.
This is not financial advice. See the full comparison below.
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
Who is Pepperstone suitable for?
Pepperstone suits traders seeking a wide choice of platforms, tight spreads, and numerous trading instruments.
Comparison Table of NPBFX and Pepperstone
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Rating | 4.2/5 | 4.6/5 |
| Foundation Year | 2016 | 2010 |
| Regulated in Countries | Comoros | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | NPBFX Review | Pepperstone Review |
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:
Pepperstone Review
Pepperstone is a significant and reliable broker that offers a broad range of trading instruments and attractive trading conditions. With regulation by serious authorities, clients can be confident in the security of their funds.
The broker is suitable for various types of traders. Beginners will find extensive educational materials, including trading guides, webinars, instructional videos, and Forex trading courses. Experienced traders will also appreciate Pepperstone's opportunities, including favorable trading conditions, various trading platforms, and access to complex trading instruments.
The broker's technical support operates at a high level, offering clients quick and efficient responses to any questions.
Pepperstone is an excellent choice for traders of all experience levels. With a unique combination of educational materials, trading tools, and high-quality customer service, this broker ensures excellent conditions for successful trading.
Pros and Cons of Pepperstone
Pros
- Wide selection of trading platforms.
- Tight spreads and favourable trading conditions.
- Numerous regulatory licenses.
- A large number of trading assets.
Cons
- Lack of diversity in types of trading accounts.
Pepperstone is in the top 10 of the following ratings:
Reliability
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Reliability | 3.2/5 | 5/5 |
| Foundation Year | 2016 | 2010 |
| Regulated in Countries | Comoros | Australia, Bahamas, Cyprus, United Arab Emirates, Germany, Kenya, United Kingdom |
| Regulators |
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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.
Pepperstone
Pepperstone is regulated in seven different jurisdictions, indicating a high level of reliability and regulation.
Account Opening
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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NPBFX
Registration on the website is simple and quick, as it requires minimal information.
Pepperstone
The account opening process is straightforward, convenient, and fast.
Account Types
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Account Types | 4.5/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.4 points | from 0 points |
| Max Leverage | 1:1000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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.
Pepperstone
Pepperstone's account types meet the needs of most traders, though they lack variability.
Pros
- The ability to copy trades.
- Support for VPS hosting.
Cons
- Lack of cent accounts.
- No fixed spread accounts.
Commissions
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Commissions | 4/5 | 4/5 |
| Spread | from 0.4 points | from 0 points |
| Average Spread (EURUSD) | 1.2 | 1.15 |
| Commission per Lot | $3.5 |
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.
Pepperstone
Pepperstone does not charge an inactivity fee or withdrawal fees, which is an essential advantage for traders. As for trading commissions, the broker offers competitive conditions.
Deposit and Withdrawal
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Rating | 4.5/5 | 4.5/5 |
| Account Funding Methods |
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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
Pepperstone
Account funding and withdrawal processes at Pepperstone are pretty convenient and fast.
Pros
- Multiple available deposit methods.
- No deposit fee.
- Swift transaction processing.
Cons
- Bank fees for withdrawals.
Markets and Products
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 38 | 97 |
| Precious Metals | 2 | 20 |
| Energy Carriers | 3 | 4 |
| Indices | 11 | 26 |
| Stocks | 62 | 986 |
| ETF | 2 | 108 |
| Cryptocurrency | 5 | 30 |
| Soft Commodities | - | 16 |
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.
Pepperstone
The broker utilizes services from several tier-one liquidity providers to offer clients competitive quotes with low spreads and high liquidity across various instruments.
Trading Platforms
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Rating | 4/5 | 5/5 |
| Trading Platforms |
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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
Pepperstone
Pepperstone offers a wide selection of high-quality and functional trading platforms, making it attractive to many investors.
Analytics
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
NPBFX
NPBFX offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
Pepperstone
Pepperstone has a well-developed analytical department, which includes daily market reviews, an economic calendar, the powerful automatic market analysis tool Autochartist, and convenient calculators for traders.
Education
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Rating | 4/5 | 5/5 |
NPBFX
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
Pepperstone
Pepperstone greatly emphasizes the educational component, offering a broad spectrum of instructional materials and resources.
Customer Support
| Broker | NPBFX | Pepperstone |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media | — |
Twitter
Facebook
Instagram
LinkedIn
YouTubeNPBFX
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.
Pepperstone
Pepperstone's support service provides clients with various communication channels, prompt responses, professionalism, and efficiency in problem-solving.
Comparisons of NPBFX and Pepperstone with other brokers
Conclusion
Pepperstone stands out as the better overall pick, while NPBFX trails on aggregate criteria.
Pepperstone scored 4.6/5 and ranks 7 in our rating; NPBFX has 4.2/5 and ranks 32.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: NPBFX or Pepperstone?
Pepperstone comes out ahead by overall rank (score 4.6/5, position 7) versus NPBFX (score 4.2/5, position 32).
Which broker is better for beginners: NPBFX or Pepperstone?
Pepperstone 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) — NPBFX or Pepperstone?
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 NPBFX and Pepperstone?
NPBFX: MetaTrader 4. Pepperstone: MetaTrader 5, MetaTrader 4, cTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with NPBFX and Pepperstone?
NPBFX: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Pepperstone: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by NPBFX and Pepperstone?
NPBFX: Master, Expert, VIP, Standard Cent. Pepperstone: Standard, Razor. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by NPBFX and Pepperstone?
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. Pepperstone: Neteller, PayPal, Skrill, Swift, Visa, Mastercard. Check method-specific fees/settlement times.
Which broker is safer — NPBFX or Pepperstone — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
