Last update: 22 July 2020
5 min read
Non-recommended broker
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NPBFX review

22 July 2020

This broker was not featured in our 2024 Broker Review Audit. This is because, in the past 12 months, it has failed to pass our initial screening process and is not recommended by our team of experts. As such some of the information found here may be out of date.

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The NPBFX company specialises in offering Forex trading services and was established as long ago as 1996. Licensed by the IFSC, this broker was one of the first in the industry to offer innovative STP/NDD technology which eradicated conflict of interest. Since 2011, NPBFX has been serving its clients through the MetaTrader 4 trading platform which is connected to a liquidity aggregator which enables clients to make its transactions with Tier 1 banks. This broker works with clients of all kinds from all over the world including individual traders who have their own trading strategies, scalpers, HTF traders, algorithmic traders, high volume traders, institutional clients including corporate clients, hedge fund operators and brokerage companies.

npbfx

Bonus

No

Regulation

Yes

Mobile

Yes

Instruments

Forex, Metals, Oils

Website

www.npbfx.com
Not Verified

Why Choose NPBFX?

There are many advantages to choosing this broker as your preferred option including:

  • Long history – NPBFX have been working in the Forex industry since 1996 and so have earned a deserved reputation as a trustworthy, long-established brokerage service.
  • Broker customer service model
  • STP/NDD technology with all transactions at fair market prices and absolutely no conflict of interest
  • High quality and speedy transaction processing thanks to advanced technology hardware and software
  • All trading strategies are accepted and welcomed including algorithmic trading and HFT
  • As a category A member of the Financial Commission, customers benefit from a compensation fund of $20,000
  • Multilingual analytical portal with exclusive videos and analytical materials as well as efficient tools for forecasting prices
  • MetaTrader 4 trading platform which can be accessed via PC or mobile device
  • Free deposits and withdrawals through a range of methods including MasterCard, Visa, Maestro, WebMoney, Yandex, QIWI, Neteller, Skrill, FasaPay and SWIFT
  • 24 hour support 5 days per week to clients around the world from 22:00 GMT on Sunday to 21:00 GMT on Friday
  • Multilingual support
  • Transactions can be passed through the phone dealing service or via trading terminals

Account Types Available From NPBFX

yachtIt is easy to register for one of NPBFX’s trading accounts online. There are three account types to choose from to accommodate the needs of various kinds of investor and each has its own impressive features.
Master Account

  • Access to MetaTrader 4 trading platform for PC, iOS and Android as well as NPBFX Trader
  • Spreads from 0.8 pips (average 1.2 pips)
  • 38 currency pairs, silver, gold, natural gas and oil
  • No commission
  • Currencies available: US Dollar, Euro or Ruble
  • Minimum deposit: $10, 10 Euros or 500 Rubles
  • Minimum trade volume: 0.01
  • Minimum change in trade volume: 0.01
  • Leverage: 1:200
  • Swap free available
  • Instant trade execution
  • No restrictions on Stop/Limit
  • Expert Advisors Allowed
  • Scalping and HFT allowed
  • Hedging allowed
  • Telephone dealing allowed
  • Dow Jones news feed available
  • 24/5 customer and technical support available
  • Stop out level: under 30%

Expert Account

  • Access to MetaTrader 4 trading platform for PC, iOS and Android as well as NPBFX Trader
  • Spreads from 0.6 pips (average 1.0 pips)
  • 38 currency pairs, silver, gold, natural gas and oil
  • No commission
  • Currencies available: US Dollar, Euro or Ruble
  • Minimum deposit: $5000, 5000 Euros or 300,000 Rubles
  • Minimum trade volume: 1.0
  • Minimum change in trade volume: 0.1
  • Leverage: 1:100
  • Swap free available
  • Instant trade execution
  • No restrictions on Stop/Limit
  • Expert Advisors Allowed
  • Scalping and HFT allowed
  • Hedging allowed
  • Telephone dealing allowed
  • Dow Jones news feed available
  • 24/5 customer and technical support available
  • Stop out level: under 30%

VIP Account

  • Access to MetaTrader 4 trading platform for PC, iOS and Android as well as NPBFX Trader
  • Spreads from 0.4 pips (average 0.8 pips)
  • 38 currency pairs, silver, gold, natural gas and oil
  • No commission
  • Currencies available: US Dollar, Euro or Ruble
  • Minimum deposit: $50,000, 50,000 Euros or 3,000,000 Rubles
  • Minimum trade volume: 1.0
  • Minimum change in trade volume: 0.1
  • Leverage: 1:100
  • Swap free available
  • Instant trade execution
  • No restrictions on Stop/Limit
  • Expert Advisors Allowed
  • Scalping and HFT allowed
  • Hedging allowed
  • Telephone dealing allowed
  • Dow Jones news feed available
  • 24/5 customer and technical support available
  • Stop out level: under 30%

NPBFX also offers potential clients the opportunity to open a free of charge demo account which allows them to try out the broker’s trading platform.

Depositing and Withdrawing Funds Into NPBFX Accounts

Numerous banking options are available to NPBFX clients including the following:

  • Visa – available currencies: USD, EUR or RUB, 0% commission on deposit or withdrawals
  • MasterCard – available currencies: USD, EUR or RUB, 0% commission on deposits or withdrawals
  • Maestro – available currencies: USD, EUR or RUB, 0% commission on deposits or withdrawals
  • WebMoney – available currencies: WMZ, WME, WMR, 0% commission on deposits or withdrawals
  • Qiwi Wallet – available currencies: RUB, 0% commission on deposits or withdrawals
  • Yandex – available currencies: RUB, 0% commission on deposits or withdrawals
  • FasaPay – available currencies: USD, 0% commission on deposits or withdrawals
  • Skrill – available currencies: USD, 0% commission on deposits or withdrawals
  • Neteller – available currencies: USD or EUR, 0% commission on deposits or withdrawals
  • Bank wire transfer – available currencies: USD, EUR or RUB, bank charges its own commission on deposits and the sums of 80 EUR/55 EUR/50 EUR on withdrawals

How to Contact NPBFX

The NPBFX customer support team are available for clients to contact 24 hours a day from Monday to Friday for extra convenience. They can be contacted by several different methods including:

  • Online chat facility which can be accessed from the broker’s home page
  • Email
  • Telephone – 2 numbers are provided
  • Online web form

Contact details are also provided for NPBFX’s international offices, with telephone numbers and email addresses supplied for the broker’s branches in London, Moscow and Belize. Customer can also request a callback at a convenient time from the broker’s home page.
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