NPBFX
In addition, NPBFX is a member of The Financial Commission, an independent international organization for dispute resolution. This protects the company’s clients, as The Financial Commission ensures quick and professional resolution of disputes between the broker and trader. The compensation fund of this organization can pay compensations up to 20,000 euros per claim if the company refuses to comply with the decision of The Financial Commission.
The trading conditions, including minimum deposits, spreads, and leverage, are overall very competitive. 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. This can also be useful for diversifying their trading strategy or increasing their profitability. NPBFX also offers a copy trading platform, NPB Invest, which represents an additional opportunity for investors.
Get access to trading in financial markets through the best trading platforms
However, NPBFX’s swaps are somewhat higher than those of most competitors. Regularly, there are demo account contests, such as “Traders’ Battle,” where the prize pool is 2500 US dollars, and a special prize is an iPhone 14 Pro. To do this, click the corresponding button in the upper right corner of any page of the NPBFX website. NPBFX is regulated and operates under the jurisdiction of NMarkets Limited, a company registered in the island of Moheli (part of the Union of Comoros). He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.
NPBFX Review Summary
Nefteprombank is a joint-stock commercial bank that has been in existence since 1992. Through NPBFX (NEFTEPROMBANKFX), a trader can access the Forex market using STP/NDD technology (Straight-through processing / Non-Dealing Desk). NPBFX offers a variety of communication channels and client support. Technical support is available five days a week, 24 hours a day, from Sunday to Friday, allowing clients to seek help anytime. NPBFX offers extensive analytical tools, including news updates, signals based on technical analysis, and even direct chat with analysts. Do not rush to copy trades, first familiarize yourself with the trader’s strategy.
- To withdraw money from NPBFX, you need to log in to your account, navigate to the withdrawal section, and choose your preferred withdrawal method.
- Cent Accounts are one of the trading accounts offered by the broker NPBFX.
- The advantage of this program is that the cashback is fully available for withdrawal and trading without any restrictions.
- The maximum payout is $10,000 monthly, and the minimum trade volume is just 0.01 lots.
- Below are the average spreads and swaps of the broker for major currency pairs on the Master account.
- Understanding how they trade, what drawdowns they allow, and what instruments they use is essential.
Does NPBFX provide VPS?
For comparison, NPBFX offers over 100 instruments, while RoboForex offers over 12,000 CFDs. Next, a form opens for filling out with the minimum necessary information. Here, an actual phone and email are required in addition to the surname and name.
Which country is NPBFX from?
Copying trades of successful traders allows clients to automatically copy the operations performed by professional traders and profit when they profit. Thus, even inexperienced traders can benefit from the knowledge and experience of professionals. All demo accounts are equivalent to trading accounts in terms of performance. The account opening process with the NPBFX broker appears simple and convenient.
Understanding how they trade, what drawdowns they allow, and what instruments they use is essential. The trader’s profile has quite a few indicators for analyzing their trading. npbfx For the first withdrawal, the company covers the payment system’s commission.
Client’s Area
- This allows the trader to manage larger volumes of funds without significant investments while still getting a realistic understanding of Forex trading.
- It is worth noting that NPBFX has several advantages regarding other commissions.
- Access to the personal account is granted after email and phone verification.
- NPBFX offers a variety of communication channels and client support.
- NPBFX is suitable for novice and experienced traders, thanks to its extensive educational program, various account types, and set of trading instruments.
The advantage of this program is that the cashback is fully available for withdrawal and trading without any restrictions. The maximum payout is $10,000 monthly, and the minimum trade volume is just 0.01 lots. Registration for contests and requests for promotions are done through the personal account or via phone and online operators. Platform downloading is possible without registration, but a personal account is required for operation. Yes, NPBFX is suitable for hedging and allows traders to use this strategy. To delete your NPBFX account, you need to contact their customer support team, who will guide you through the process.
Spreads and Swaps
The cashback amount can reach up to 60% of the spread, equivalent to $7 per lot. Yes, NPBFX supports auto-trading and provides access to various trading platforms compatible with automated trading systems. For investors, NPBFX has made a convenient service for copying trades of successful traders – NPB Invest. 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 even more instruments and markets. It is worth noting that NPBFX has several advantages regarding other commissions.
The service allows investors to copy the trades of successful traders, which can be particularly useful for beginners. Cent Accounts are one of the trading accounts offered by the broker NPBFX. They are primarily intended for novice traders who want to gain practical experience in Forex trading without significant risks. The services on the website are provided and regulated by NMarkets Limited.NPBFX (NEFTEPROMBANKFX) is providing customer service since 1996.