NPBFX Review

NPBFX
Bonus up to $10,000
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Overview

The company NPBFX offers the broker services for traders around the world and has been successfully operating over 20 years already.

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Details

BrokerNPBFX
Website URLnpbfx.org
Founded1996
Headquarters1 Fetter Lane, London, EC4A 1BR, United Kingdom
Support Number+44 800 069-84-70
Support TypesChat, phone, email
LanguagesEnglish, Russian, Malaysian, etc.
Trading PlatformMetaTrader 4, Web Terminal
Minimum 1st Deposit$10
Minimum Trade Amount$1
BonusBonus up to $10,000
Leverage1:1000
Spreadfrom 0.4 points
Free Demo Account Open Demo
Account TypesDemo, Master, Expert, VIP
Deposit MethodsBank cards, MasterCard, Visa, Maestro, WebMoney, QIWI, Yandex.Money, Visa, MasterCard, Maestro, Skrill, Neteller
Withdrawal MethodsBank cards, MasterCard, Visa, Maestro, WebMoney, QIWI, Yandex.Money, Visa, MasterCard, Maestro, Skrill, Neteller
Number of Assets30+
Types of AssetsCurrency, CFD, Gold, Silver, Oil
Account CurrencyUSD, EUR, RUB
US Traders Allowed No
Mobile Trading Yes
Tablet Trading Yes
Overall Score3/10

Full Review


NPBFX was established in 1996, successfully offering brokerage services for traders around the world, is a liquidity provider to corporate clients and institutional partners that continues to operate in the field of financial markets successfully for more than 20 years. The broker is actively implementing the latest technologies that make trading comfortable.

And yet, is NPBFX a scam or a worthy company which should be trusted? We answer this question in a detailed broker`s review.

NPBFX Review

 

Terms of trade with NPBFX

At the beginning of 2016, after rebranding, the Forex broker began to serve traders on behalf of the international company NPBFX Limited. Clients have access to a platform NPBTrader, through which the broker became one of the first companies to apply the technology of STP/NDD and avoid any conflict of interest with clients.

In addition, traders can work through popular MetaTrader 4 terminal, connected to the liquidity aggregator, allowing withdrawing transactions to Tier1 banks. Mobile trading is also allowed using popular platforms: Android, Windows, iOS. The broker is constantly working on improving the service, has successfully implemented its own NPBFX Trader terminal for web trading, which has an intuitive interface and is convenient for beginners. Having passed a great path of development, today NPBFX retains the reputation of a reliable Bank, acting in a pledge of honesty and responsibility. The company was able to transfer these characteristics to work on Forex, offering attractive conditions for all categories of traders around the world: beginners, professionals, algorithmic traders, scalpers.

The platform allows automatic trading, scalping, there are no restrictions on strategies. To reduce the risks of traders, to help fully assess the situation on the global currency market, on the official website of the company was created an analytical portal that provides exclusive tools for forecasting market dynamics, daily reviews of experts and financial analysts, trading signals. This is a serious product that inspires confidence on the part of the user.

In addition, there are economic calendars, trader calculators, data relating to historical volatility, interest rates, etc. on the website. Novice market players can also work comfortable with the broker: there are training materials in several formats (video tutorials, articles, e-Forex library, and ability to communicate with the analyst via chat, paid courses). Free webinars are available for those traders who would like to improve their skills. The company attracts not only because of an impressive information base, but also affiliate programs, permanent promotions and contests with valuable prizes.

 

Deposit and withdraw

NPBFX offers a variety of deposit and withdrawal methods. In order to make a deposit for trading to your account, you need to register with the broker, make an amount by choosing a convenient way to transfer funds (minimum deposit – $10). To deposit funds trader can also use modern payment systems presented on the official website:

  • SWIFT bank transfer (bank commissions),
  • Plastic cards (MasterCard, Visa, Maestro),
  • Payment services: WebMoney, QIWI Wallet, Yandex.Money, Skrill, Neteller (no commission).

You can open an account in several currencies. Money is immediately available on the account for trading after payment. Withdrawal of funds is possible for authorized traders; the first operation is made without commission, the following conclusions are in accordance with commission rates. Withdrawal is possible only to the account from which the deposit was made. Withdrawal period is for 1-6 days.

 

Complaints against NPBFX

There is enough different references about the broker in Internet, and yet, now the number of positive reviews is higher; this is good news and largely indicates the correct path of development of the company, its reputation and success. Most traders note reliability of the company, favorable working conditions (minimum spreads, fast speed of processing and execution of transactions, minimum deposit), high-quality training and analytical materials, professional support, serious software.

However, there are also negative aspects: problems with the operation of the terminal (gapping, requotes), long withdrawal. To avoid negative effects while working with the broker, check with your personal manager the features of bonuses use and withdrawal procedures. We can confidently say that NPBFX is quite successful in the financial services market and has serious intentions to conquer the market. Impeccable reputation, innovative service, high-quality terminal, many ways to withdraw funds, professional support, bonuses and contests carry credibility to the broker from the user.

If we find complaints about NPBFX, we will post it on social media. Follow us to be well informed:

 

Is NPBFX a scam?

Today NPBFX is one of the most successful and professional brokers in the market. For more than 20 years the company has demonstrated advanced trading opportunities, providing quality service to work with traders around the world. About its success say reviews on the Internet, most of which are positive. We can say with confidence that before us is not a one-day broker.

A positive factor of the company is the ability to work in popular MetaTrader platform, as well as in its own terminal. The broker’s service is positively noted in customer reviews, proving not only that it is important to provide a quality product to its user, but also unique, in the creation and development of which the organization is ready to invest the most valuable resources: significant funds and time. This also distinguishes the company from scam structures created for the purpose of deception.

One of the advantages is a full-fledged official website, a system of bonuses, accounts, feedback, training opportunities, serious analytics that indicate a well-thought-out policy of working with the user, which is also clearly not available to scam sites. NPBFX is a licensed broker; this has a positive effect on the user’s attitude towards IT. In many ways, the Bank’s reputation is the key to honesty and responsibility of the company. Should NPBFX be considered as a scam? We answer with no. More than 20 years of successful work with traders around the world proved it. To avoid problems with the broker, please, check with your personal manager about the rules of using bonuses, withdrawal procedure, etc.

 

Broker`s regulator

NPBFX works on behalf of the international company NPBFX Limited, licensed by the International financial services commission of the state Belize IFSC (No. 60/342/TS/15), which sets strict standards for its participants, this can also act as an additional factor in increasing customer confidence.

The broker is a member of the Financial Commission (the Financial Commission), which is an independent international organization for the settlement of disputes between the broker and the trader in the Forex market, provides additional protection for NPBFX clients with guaranteed payments from the Compensation Fund. In 2016 NPBFX was granted the status of a member of the category, amount of the compensation Fund increased to $20,000 per client.

Check NPBFX license on IFSC website

 

Bonuses in NPBFX

Each trader of the company can get two types of bonuses:

1) Bonus of up to $10,000

Get Cashback for every trade with a broker: up to $7 per lot. Cashback is fully available for withdrawal and Forex trading, maximum payout is $10,000 per month. To take part in the campaign, you need to make a deposit to your account in the amount of $100. Check with your personal manager for detailed bonus terms and conditions.

2) Offer «Compensation of losses»

The offer allows you to receive compensation for losses occurring during trading operations. In order to receive compensation for losses, a trader needs to submit a profit and loss statement from a real account, where it is necessary to specify the numbers of losing trades that the client wants to compensate. Check with your personal manager for detailed bonus terms and conditions.

Summary

Trading Forex broker NPBFX successfully works in the financial services market for more than 20 years has a large base of traders around the world, provides consistently high quality service and is one of the best trading conditions. A lot of positive reviews from customers demonstratesuccess of the company.

Convenient ways to withdraw funds, development of unique services for trading, impressive analytical materials, opportunities for learning and improving the trading experience, license (including the CBR) show serious intentions of the company, which values customers and reputation. Today, we will not evaluate the broker as a scam company, but traders’ reviews will can not only change the broker’s ratings, but also warn market players of possible problems.

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