NPBFX vs XTrade Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of NPBFX and XTrade
| Broker | NPBFX | XTrade |
|---|---|---|
| Rating | 4/5 | 3.3/5 |
| Foundation Year | 2016 | 2003 |
| Regulated in Countries | Saint Vincent and the Grenadines, Comoros | Belize |
| Minimum Deposit |
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| Spread | from 0 points | from 1 points |
| Max Leverage | 1:1000 | 1:400 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | NPBFX Review | XTrade Review |
NPBFX is ideal for traders who value STP accounts, education, MetaTrader 4, participation in contests, and a decent selection of markets and products
Xtrade is suitable for traders who value a simple interface, bonus programs, and access to education and analytics.
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
- High commission per trade on the Zero account.
- Lack of alternatives to the MetaTrader 4 platform.
- Regulation in an offshore jurisdiction.
NPBFX is in the top 10 of the following ratings:
XTrade Review
Xtrade offers a wide range of deposit and withdrawal methods, an extensive range of markets and trading products, and a variety of analytical tools. The broker is equipped with an extensive training center, which makes it attractive for novice traders who want to expand their knowledge and improve their trading skills. Responsive and feature-rich customer support enhances the usability of the broker's services.
Xtrade is suitable for novice traders, thanks to its accessible educational resources and wide range of trading products. However, potential clients should pay special attention to regulatory issues and trading costs before deciding to start working with this broker.
Pros and Cons of XTrade
Pros
- Wide range of deposit and withdrawal methods.
- Extensive selection of markets and products for trading.
- Diversity of analytical tools.
- Comprehensive educational center with various materials.
- Responsive and multifunctional technical support.
Cons
- Weak regulation may raise concerns about the security of client funds.
- Limited variety of accounts and services offered.
- Wide spreads, which can increase trading costs.
- Long processing time for withdrawal requests.
- Lack of alternatives to the offered trading platform, limiting traders' choices.
Reliability
| Broker | NPBFX | XTrade |
|---|---|---|
| Reliability | 3.2/5 | 3.2/5 |
| Foundation Year | 2016 | 2003 |
| Regulated in Countries | Saint Vincent and the Grenadines, Comoros | Belize |
| Regulators | SVGFSA SVGFSA MISA MISA | - BFSC BFSC |
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.
XTrade
The reliability of Xtrade International Ltd is questionable due to the lack of licenses from strict regulators, despite having a license from the Belize FSC.
Pros
- Segregated client accounts.
- Investor compensation fund.
Cons
- Lack of licenses from strict regulators.
Account Opening
| Broker | NPBFX | XTrade |
|---|---|---|
| Account Opening | 5/5 | 4/5 |
| Minimum Deposit |
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NPBFX
Registration on the website is simple and quick, as it requires minimal information.
XTrade
Account opening at Xtrade is fairly standard and transparent.
Pros
- Free and fast account opening.
- Clear verification instructions.
Cons
- High minimum deposit.
- Verification can be lengthy.
Account Types
| Broker | NPBFX | XTrade |
|---|---|---|
| Account Types | 4.5/5 | 2.3/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 1 points |
| Max Leverage | 1:1000 | 1:400 |
| 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.
XTrade
Xtrade offers a variety of accounts, but does not satisfy the needs of all categories of traders.
Pros
- Four types of accounts for different traders.
- Reduced spreads for Premium and VIP accounts.
Cons
- Absence of cent and Islamic accounts.
- No accounts with fixed spreads.
- Lack of copy trading service.
Commissions
| Broker | NPBFX | XTrade |
|---|---|---|
| Commissions | 3.2/5 | 2/5 |
| Spread | from 0 points | from 1 points |
| Average Spread (EURUSD) | 1.2 | 3 |
| Commission per Lot | $4 |
NPBFX
NPBFX offers average market spreads and high transaction commission on the Zero account.
Pros
- No inactivity fee.
- No withdrawal fee.
- Cashback with up to 60% spread return
Cons
- High transaction commission.
- High swaps.
XTrade
Commissions at Xtrade are relatively high, which can increase a trader's costs.
Pros
- No withdrawal fee.
Cons
- High spreads.
- Inactivity fee of 50 USD.
Deposit and Withdrawal
| Broker | NPBFX | XTrade |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| 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
XTrade
Xtrade offers a variety of deposit and withdrawal methods, but with lengthy processing times.
Pros
- Wide selection of payment systems.
- No fees on many methods.
Cons
- Long withdrawal processing time.
- Absence of cryptocurrencies.
Markets and Products
| Broker | NPBFX | XTrade |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 38 | 57 |
| Precious Metals | 2 | 9 |
| Energy Carriers | 3 | 5 |
| Indices | 11 | 25 |
| Stocks | 62 | 300 |
| ETF | 2 | 13 |
| Cryptocurrency | 5 | 52 |
| Soft Commodities | - | 7 |
| Bonds | - | 5 |
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.
XTrade
Xtrade offers an extensive selection of markets and products, meeting the needs of various traders.
Pros
- Wide range of currency pairs.
- Numerous CFDs on stocks from different countries.
- Availability of cryptocurrencies.
Trading Platforms
| Broker | NPBFX | XTrade |
|---|---|---|
| Rating | 4/5 | 3.5/5 |
| 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
XTrade
Xtrade offers a functional and user-friendly platform.
Pros
- Web platform with no download required.
- Full-featured mobile application.
Cons
- Lack of popular platforms such as MT4 or MT5.
- Limited choice of platforms.
- No desktop version of the platform.
Analytics
| Broker | NPBFX | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
NPBFX
NPBFX offers an extensive set of analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts.
XTrade
Xtrade's analytics are well-developed, providing traders with a variety of market analysis tools.
Pros
- Daily video analysis.
- Economic calendar and up-to-date news.
- Specialized calculators for technical analysis.
Cons
- Lack of regular reviews from experts.
- No trading signals.
Education
| Broker | NPBFX | XTrade |
|---|---|---|
| Rating | 4/5 | 4/5 |
NPBFX
The broker offers a wide range of educational opportunities, including e-books, video courses, and strategies provided by leading training centers.
XTrade
Xtrade provides extensive educational materials covering various levels of complexity.
Pros
- Wide range of topics.
- Materials for beginners and professionals.
- Availability of video tutorials and e-books.
Cons
- Lack of webinars.
- Some topics may require deeper study.
Customer Support
| Broker | NPBFX | XTrade |
|---|---|---|
| Rating | 5/5 | 4/5 |
| Email Support |
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| Hotline Phones |
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| Social Media | — |
Twitter
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.
XTrade
Xtrade's customer support is responsive and diverse, but there are minor communication issues.
Pros
- Variety of communication channels.
- 24/5 availability during weekdays.
- Quick and professional response.
Cons
- Some reviews indicate problems with resolving disputes.
