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Risk Warning: Your capital is at risk. Statistically, 74-89% of customers lose their investment. Invest in capital that is willing to expose such risks.

1.3
/ 5

NPBFX review

By azeshan
Updated on Sep 11, 2024
|
18 mins read

Overview

Choosing the right forex broker is a crucial step for any trader – we break each broker down to critical criteria to help you choose the best for...
See full overview for NPBFX
Countries
+13
Devices
Minimum deposit
10$
Deposit fee
No
Max insured
No
Our Verdict
1.3
/ 5
Commissions & Fees
1.3
/ 5
Deposit & Withdrawal
2.5
/ 5
Customer Support
1.2
/ 5
Account Opening
1.5
/ 5
Regulation & Safety
0
/ 5

Our 5-step process of verification and evaluation – How do we obtain information?

 

General inspection – 30%

Trading experience – 30%

Technical audit – 20%

Collective experience from collaborations with the broker – 10%

Interviews with real traders – 10%

 

See the entire process here.

Pros

  • Competitive Spreads and Leverage

  • Fast Order Execution

  • Flexible Trading Strategies

  • Social and Copy Trading Options

Cons

  • Lack of Major Regulatory Oversight

  • Limited Platform Options

  • Limited Educational Resources

  • Mixed User Reviews

General details

Type of accounts
Unlimited Demo Accounts
STP accounts
VIP accounts
Execution Model
NDD
STP
Deposit currency
USD
EUR
RUB
Regulatory complience
Deposit payment systems
Withdrawal payment systems
Support Languges
English
Russian
Autotrading
Zulutrade
Contact details
[email protected] 8 800 333-30-70

Customer reviews

Read real reviews from traders all over the world:

No reviews yet.

Accounts

NPBFX offers Demo, Master, Expert and VIP accounts

Tradable instruments

There are 170 tradable instruments on NPBFX trading platform, including:

Commodities
4
Currencies
140
Cryptocurrencies
10
Indices
10
Stocks
9

Frequently asked questions

Find the right answer to your question below.

Is NPBFX a reliable forex broker?

NPBFX is reliable to an extent. The Financial Commission, which is considered a Tier-3 regulatory body, regulates it. But other than that, it lacks extra protection.

With no regulatory oversight from top-tier institutions, some investors might be skeptical about investing their money with NPBFX. An experienced broker will find their way, but if you’re a beginner, check out some of the alternatives we listed above.

What trading platforms does NPBFX offer?

NPBFX offers MT4 with its good old charting tools and market analysis instruments. We can’t deny that we love this trading platform because it’s simple and easy to use. However, as your needs change, the lack of another advanced platform like MT5 will leave you dissatisfied. 

So, what happens when you need some additional features to cope with the risky conditions in the market? This is a question NPBFX has to answer.

What are NPBFX's minimum deposit requirements?

With the Master account, you can deposit as little as $10 to go live. This makes the platform highly accessible, especially for those on a tight budget and beginners. 

Other account types have higher deposit minimums but the Master account is a good starting point if you’re dipping your toes in the trading sea. If you’re a beginner, we encourage you to check our list of no-deposit bonus forex brokers to start trading on a tight budget.

Does NPBFX offer demo accounts?

Yes, NPBFX offers demo accounts and they are free. Any broker can start trading until they’re confident enough to use real money. It’s like a safe way to test drive this platform, see how it performs, and decide if it meets your investment goals. 

Trust me, making mistakes when no real money is involved is so much better! Here’s a helpful list of non-expiring forex demo account brokers to check out.

What customer support options does NPBFX provide?

NPBFX offers email support and a fill-in form promising returns. Today, most traders expect live chat or at least phone support to handle their emergency inquiries. This is why most clients don’t appreciate the slow and inconsistent responsiveness of the customer support department. 

So, if you’re a beginner, NPBFX might force you to learn to be on your own—the hard way.

NPBFX compared with alternative brokers

To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.

  • Overall verdict
  • Trading
  • Minimum deposit
  • Maximum leverage
  • Fees
  • Withdrawal fee
  • Deposit fee
  • Safety
  • Top-tier regulators
  • Investor protection
  • 1.3
    / 5
  • 2.5
    / 5
  • 10$
  • 1:200
  • 1.3
    / 5
  • N/A
  • No
  • 0
    / 5
  • No
  • No
  • See review
RoboForex
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • 4.9
    / 5
  • 5
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • 1%
  • $0
  • 4.9
    / 5
  • No
  • Yes
  • See review
Exness
  • Specialized trading accounts
  • 24/7 instant money withdrawal
  • Free VPS hosting
  • 4.9
    / 5
  • 4.9
    / 5
  • $10
  • 1:2000
  • 4.8
    / 5
  • $0
  • $0
  • 4.6
    / 5
  • FCA, CYSEC
  • No
  • See review
Alpari
  • Specialized trading accounts
  • Free VPS hosting
  • 24/7 instant money withdrawal
  • 4.5
    / 5
  • 4.5
    / 5
  • $5
  • 1:1000
  • 4.5
    / 5
  • $0
  • $0
  • 4.5
    / 5
  • No
  • No
  • See review
FxPro
  • 24/7 instant money withdrawal
  • Specialized trading accounts
  • Free VPS hosting
  • High leverage
  • 4.8
    / 5
  • 4.9
    / 5
  • $100
  • 1:10000
  • 4.7
    / 5
  • $0
  • $0
  • 4.8
    / 5
  • FCA
  • Yes
  • See review
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