NPBFX – a broker review with 20 years of experience and client feedback.
Experience of Npbfx in the Market
Npbfx – a broker with many years of experience, providing its services since 1996. Their area of activity is the Forex market. Initially, the company represented Neftprombank with the license of the Bank of Russia, but after rebranding in 2016, it was transferred under the management of the international company NPBFX Limited. Clients note that now the broker is licensed by IFSC, ensuring the safety of invested funds and the status of a Category A Financial Commission member.
Technologies and Platform
For trading, Npbfx offers to use MetaTrader 4, connected to a liquidity aggregator. This provides clients with access to Tier 1 Capital banks and stable financial organizations. The MT4 platform is convenient and available for use on Windows, iOS, and Android devices, allowing trading from anywhere in the world.
Audience and Services
The broker covers various categories of traders, providing services for private investors, scalpers, algorithmic and HFT traders, as well as for institutional clients. The STP/NDD system and a compensation fund of 20,000 euros for each client make Npbfx’s work reliable and secure.
Registration and Account Types
To open a trading account on npbfx.org, one needs to go through the registration and verification process. Each client gains access to an educational or trading account. There are three types of accounts: Master, Expert, VIP. Each of them has its own features and access to 40 currency pairs, gold, and WTI and Brent oil.
Additional Services
Npbfx delights clients with detailed analytics, educational programs, and promotions. The npbfx.org website offers a quote table and a trader’s calculator for user convenience. Additionally, there is a social trading platform ZuluTrade, to help beginners navigate the market.
Deposit and Withdrawal of Funds
Npbfx offers a wide range of deposit and withdrawal methods, including payment systems, bank transfers, and SWIFT payments. Commissions for transactions depend on the chosen method. The company provides the opportunity for the first withdrawal free of charge, but after that, fees are charged in accordance with the bank’s or payment system’s terms.
Reviews and Ratings
Positive client reviews highlight the advantages of Npbfx, such as fast order execution, the availability of educational materials, and a wide range of assets. However, drawbacks include restrictions on using only one platform and commissions for withdrawals to certain systems.
Conclusion
With over 20 years of experience in the Forex market, Npbfx is a reliable partner for traders. Additionally, numerous additional services and a high level of security make it an attractive choice. Despite some drawbacks, the majority of clients remain satisfied with their cooperation with the broker.