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NPBFX Review and Tutorial 2021

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Facts & Figures

NPBFX offers trading in leading financial instruments as well as copy trading.

Awards

• Best STP Broker 2019 – IAFT Awards
• Best Broker CIS 2018 – IAFT Awards
• Best STP Broker 2017 – IAFT Awards
• Best Execution 2017 – China Forex Expo
• Best STP Broker 2016 – IAFT Awards

Bonus Cashback Rewards
Instruments Forex, CFDs, ETFs, indices, shares, commodities, cryptocurrencies
Demo Account Yes
Min. Deposit $10
Pay Methods Credit Card, FasaPay, Mastercard, Neteller, Skrill, Visa, Webmoney, Wire Transfer
Min. Trade 0.01 lots
Regulated By Financial Commission
MetaTrader 4 Yes
MetaTrader 5 No
cTrader No
ECN Account Yes
DMA Account No
Mobile Apps Yes
Auto Trading Yes
Social Trading Yes
Copy Trading Yes
Trade Signals Yes
Islamic Account No
CFD
FTSE Spread From 41
GBPUSD Spread From 0.4
Oil Spread From 4.0
Stocks Spread From 6.0
Leverage 1:1000
Forex

Trade over three-dozen currencies with competitive floating spreads.

GBPUSD Spread From 0.4
EURUSD Spread From 0.4
EURGBP Spread From 0.4
Assets 38
Cryptocurrency

NPBFX offers leveraged trading on leading cryptos against the USD.

Spread From 1.25
Coins BTC, BCH, ETH, LTC, XR
Risk Warning – Your capital is at risk

NPBFX is a worldwide broker that spends significant time in forex and commodities trading. The broker uses STP/NDD innovation for super quick executions, guaranteeing reasonable market costs from the best liquidity suppliers. Our NPBFX audit covers how to enroll for a live account, the MetaTrader 4 platform, least deposits, and welcome rewards. See if to join today.

NPBFX Headlines

Established in 1996, NPBFX Limited has been doing business for more than 15 years. With a presence in numerous mainlands and workplaces in the UK, Belize, and Russia, the broker goes about as an intermediary among customers and liquidity suppliers. Clients profit with a nice scope of contributing tools, social trading, and a decision of three live accounts. NPBFX is directed by the worldwide Financial Commission.

MetaTrader 4

MetaTrader 4 (MT4) is accessible to all live account holders. A top-level trading platform, customers get many drawing and insightful tools, alongside interactional charts across 9 time periods. Master counsels take into consideration computerized trading while live financial news is distributed on the platform. MT4 likewise uses the broker’s STP/NDD innovation and acknowledges hedging.

The easy-to-use platform can be downloaded to work areas and mobile gadgets. The MT4 terminal is additionally accessible as a web trader.

Markets

NPBFX offers leveraged trading in the scope of financial markets:

  • Forex – 38 worldwide currency pairs with dynamic market spreads
  • Indices – Exchange on 11 significant stock exchanges, including the S&P and Dax
  • Shares and ETFs – Invest in a considerable rundown of shares in significant worldwide organizations
  • Energies – Purchase and sell oil against the US Dollar
  • Cryptos – Exchange 5 driving cryptocurrencies

Spreads and Commission

The broker doesn’t charge trading commissions. All things considered, NPBFX brings in its cash through the spread. Spreads are serious, especially with the Master and celebrity accounts, with 0.8 pips on major forex pairs and normal spreads of 1.0 pips, separately. Interestingly, the standard Master account offers normal spreads of 1.2 pips on majors, like the EUR/USD.

Note, short-term swap rates are charged on positions held for the time being.

Leverage

Leverage changes by account type. The best leverage levels are accessible on the Master account at 1:1000, while 1:200 is offered with Expert and 1:100 with VIP. These are high proportions and mean merchants can utilize a scope of strategies. The lone downside is that high leverage builds hazard openness. Thus, we’d suggest alert, particularly for amateurs.

Mobile App

The MT4 mobile app is available as a free download for Apple (iOS) and Android (APK) gadgets. The incredible mobile application has a scope of charts and pointers to suit different value investigation strategies. Total account authority is likewise accessible, from instant deposits to withdrawal demands. Joining offers and progressing promos are additionally stretched out to mobile dealers.

Payments

Deposits

Minimum deposit requirements fluctuate by account type. The minimum deposit of $10/€10/₽500 is a requisite to open the Master live account, making it attainable for beginners. Accepted deposit currencies take in EUR, USD, or RUB. There are no deposit charges, and traders can fund accounts utilizing multiple payment arrangements, including:

  • Bank wire transfer – instant
  • Credit/debit cards, including Visa – instant
  • E-Wallets including Skrill and Neteller – instant
  • International bank wire transfer – 1 to 3 business days

Withdrawals

The main withdrawal from your NPBFX account is Subsequent transactions are subject to variable fees, for example, a 2.5% + $7.50 charge for credit and debit cards. This is costly and a real drawback, especially for traders searching for minimal expense providers.

Withdrawal timelines are genuinely standard, taking as long as several days to obtain profits. Contact the broker’s customer support team should you face any withdrawal problems.

Demo Account

NPBFX presents a demo account with access to virtual funds and real market prices. This is a decent method to become acquainted with the trading platform, test strategies hazard-free, and view live spreads. The broker likewise offers a battle contest on the demo account – a competition for traders, all things considered, to construct abilities and get funds for live accounts.

NPBFX Bonuses

NPBFX presents a satisfactory suite of promos and bonuses. A cashback benefit of 60% up to $7 per parcel is available after a $100 deposit. Cashback can be removed and is capped at $10,000 per month. There is additionally a devotion program with a large group of rewards, including a $100 bonus following 100 traded parts. Prizes are staggered with phones, watches, and even vehicles accessible for those that trade in large sizes. Additionally, there is a reimbursement scheme for traders who lose their first deposit – up to half of your underlying deposit can be saved.

Visit the broker’s website to evaluate the full terms and conditions of the promotion.

Regulation Review

NPBFX is regulated by the Financial Commission. An external dispute resolution (EDR) body is there. While welcome news, the broker isn’t regulated by profoundly reputable agencies like the CySEC. In any case, client funds are held in segregated accounts, and a compensation fund of up to €20,000 is available.

Additional Features

The NPBFX website offers extensive help features by means of the examination portal. Tools include one-to-one expert help, a review of strategies, weekly webinar videos, calculators, and historical information. These are great resources, especially for beginners.

NPBFX likewise offers ZuluTrade – one of the largest social trading communities. Clients can follow a large number of traders, exchanging ideas and investing tips. Signal providers are available in practically all markets and countries, taking into consideration trading nonstop. ZuluTrade is available for mobile devices, and the platform positions signal providers, so it’s easy for users to decide who to follow.

Trading Accounts

NPBFX presents three account types:

  • Master – $10 minimum deposit, 1:1000 leverage, spreads from 0.8 pips, minimum trade size 0.01
  • Expert – $5,000 minimum deposit, 1:200 leverage, spreads from 0.6 pips, minimum trade size 1.0
  • VIP – $50,000 minimum deposit, 1:100 leverage, spreads from 0.4 pips, minimum trade size 1.0

All accounts approach the MT4 trading platform, the full scope of instruments, and swap-free trading.

Benefits

  • Demo account
  • STP/NDD innovation
  • $10 minimum deposit
  • Industry perceived MT4
  • Cashback rewards scheme
  • 24/5 multilingual customer administration

Drawbacks

  • Withdrawal expenses
  • Limited regulatory oversight
  • Not available to traders in Canada and the USA

Trading Hours

NPBFX observes standard market hours. For forex, that is commonly 24/5 Monday through to Friday, while cryptos can be traded throughout the end of the week. The broker’s site and trading platform are available to users day in and day out.

Customer Support

NPBFX provides multilingual customer support in 8 languages, available 24/5 Monday to Friday:

  • Live chat
  • Online feedback form
  • Email – info@npbfx.com
  • Telephone – +44 800 069-84-70
  • Office Address: Suite 305, Griffith Corporate Center, Beachmont, Kingstown, Saint Vincent, and the Grenadines

An exhaustive FAQ page is additionally available on the broker’s site.

Security

The MT4 platform guarantees the most elevated security standards, including cutting-edge encryptions, secure logins, information protection, and extra authentication alternatives. The individual office on the broker’s site is likewise secret phrase ensured. Furthermore, NPBFX uses official and trusted payment arrangements from Malaysian wire moves to Skrill and Neteller.

Verdict

NPBFX offers trading administrations for investors, all things considered, and experience. The broker gives a leading social trading platform in ZuluTrade, close by the mainstream MT4 arrangement. STP innovation and the scope of instructive tools are likewise available. Shockingly, our audit was less dazzled with limited regulatory oversight and the withdrawal expenses. Thus, there are other online brokers we’d suggest exploring.

Accepted Countries

NPBFX acknowledges traders from Thailand, Australia, United Kingdom, South Africa, Singapore, Germany, Hong Kong, India, France, Norway, Sweden, Italy, Kuwait, Denmark, United Arab Emirates, Saudi Arabia, Qatar, Luxembourg, and most other countries.

Traders cannot use NPBFX from Canada, United States.

Alternatives to NPBFX

In case you are searching for alternatives to NPBFX, we have compiled a rundown of the top 5 brokers that are like NPBFX below. This rundown of brokers like NPBFX is arranged by closeness and just includes companies that accept traders from your area.

RoboForex – RoboForex is a multi-asset online broker offering powerful trading aides.

OctaFX – OctaFX offers multi-asset trading on a range of platforms and mobile arrangements. 

FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms.

Global Prime – Global Prime is a multi-regulated trading broker offering 100+ markets.

ThinkMarkets – ThinkMarkets is multi-regulated forex and CFD broker 

FAQ

Is NPBFX regulated?

NPBFX is regulated by the Financial Commission – an international dispute body. It’s great to realize traders have a recourse choice should they run into withdrawal problems, yet oversight from a regulatory body, for example, the FCA, would be reassuring.

What trading platforms does NPBFX offer? 

MetaTrader 4 is rendered by NPBFX as its primary trading platform. The broker likewise offers social trading through ZuluTrade. Both are accessible as desktop and mobile applications.

How would it be advisable for me to respond on the off chance that I have a withdrawal issue at NPBFX?

Should you run into payment problems, talk to the broker’s customer support team. On the off chance that problems persist, see the NPBFX resolution center.

What deposit alternatives does NPBFX offer?

NPBFX accepts the accompanying payment methods; Fasapay, e-wallets WebMoney, credit/debits cards, and wire transfer. Deposits begin from $10, and there are zero fees.

Does NPBFX provide a demo account?

Yes, NPBFX provides a demo account with access to virtual funds and the MT4 platform. There are likewise battle contests with real money available for anyone. You can join on the broker’s homepage.

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