This trading platform is also available as a mobile app for Android and iOS devices. NPBFX began operations in 1996 providing foreign exchange market services to the Russian Nefteprombank. In 2016, it changed its scope to become an international universal STP brokerage company serving global clients. I received an my email from my broker asking me to leave a review. I wouldn’t come here myself, because when everything is good, you don’t go to websites and say anything. When the crypto market becomes stable, I may return to currency pairs.
- NPBFX is a global FX & CFD broker established all the way back in 1996, and currently based out of the classic offshore jurisdiction the Comoros Union (Mwali).
- On a final note, we should say that NPBFX appears to be a pretty good choice for an MT4 broker, although the selection of trading assets is somewhat mediocre.
- Funds sent by bank transfer should arrive within 5 business days.
- Unlike newer brokers, NPBFX has weathered different market conditions and established itself as a stable presence in the industry.
- The conversion fee will be dependent on the currency you are choosing to draw in.
- We tested the multi-lingual npbfx team by calling in varying languages.
How long do npbfx withdrawals take?
MetaTrader 4 is a solid platform to have available, but it lacks the additional features you might need as your trading needs change. Moreover, customer support and educational resources could use some work. NPBFX allows you to access the market, regardless of your budget, investment goals, and risk tolerance. So, you can grow, change your strategies, and adjust your investment goals, and still find what works for you.
Trading Conditions
The cycle persists, but it is possible to put an end to it, even if you’ve fallen victim to their deceitful promises. The lack of regulation by major financial authorities is a significant disadvantage for NPBFX. Without oversight from bodies like the FCA or ASIC, there are fewer safeguards in place to protect traders’ funds and ensure the broker’s compliance with industry standards. Copyright © 2025 Forex BrokeragesCFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Company details
It is actual stock market indexes that measure the value of a specific section of a stock market. The company was first called Nefteprombank but was rebranded as NPBFX in 2016. It has been operating since 1996 and is regulated by the Mwali International Services Authority (MISA).
What Can You Trade With npbfx in 2025?
I have been trading with NPBFX for nearly two years, and I can confidently say they are among the best brokers available. Their trading conditions are comfortable enough, because of working with the ruble and oil. When the ruble was frozen, I switched to Bitcoin, and thanks to NPBFX’s forecasts, I managed to earn a nice amount. I plan to return to rubletrading soon, and I am sure NPBFX will continue to deliver excellent service.
- This makes the platform highly accessible, especially for those on a tight budget and beginners.
- You will have to give an identity evidence and proof of residency to deposit large amounts.
- Overall, the lack of regulation by major authorities is a major drawback for NPBFX.
- Moreover, some users reported glitches with withdrawal transactions that led to delays, although most of them got handled later.
- However, it is essential to consider the high commission charged by payment systems for withdrawals and the potentially long processing time for withdrawal requests.
As someone who’s often on the go, being able to manage my trades from my phone npbfx review is essential. Their MetaTrader 4 mobile app is fantastic — fast, reliable, and easy to use. Whether I’m analyzing charts or executing trades, I’ve never had an issue. It’s clear that NPBFX prioritizes convenience without sacrificing quality, which makes them perfect for traders who value flexibility. NPBFX’s copy trading feature, NPB Invest, is a game-changer for me.
Does NPBFX offer a demo account?
Automated trading is possible through the connection of expert advisors and the installation of trading robots on the platform. The company itself does not particularly emphasize this approach. Officially, NPBFX claims no deposit/withdrawal fees, but user reports suggest delays and unclear processing timelines. Users also benefit from weekly video reviews, training materials, trader calendars, calculators, interest rates, and historical volatility data. Additionally, an online chat feature allows direct communication with analysts.
That is, an internet broker isn’t necessarily affected by the number of customers they have. The MetaTrader 4 (MT4) trading platform was developed primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 (MT4) platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements.
NPBFX has an overall score of 8 out of 10 from Traders Union, indicating a positive review. This score is based on the broker’s trading conditions, user reviews, and other factors. The Traders Union expert Anton Kharitonov believes the broker can be recommended, as the majority of reviews indicate that the broker’s clients are fully satisfied with the company. One of the most critical factors when evaluating a broker is its regulatory status. NPBFX operates under the jurisdiction of the International Financial Services Commission (IFSC) of Belize, which offers certain levels of protection to traders.
However, in some cases, you might be able to secure a good deal with an incredibly tight spread if you’re lucky. Some clients faced withdrawal delays that eventually got handled but stressed them big time before their issues were resolved. In this section of our comprehensive NPBFX review, we dissect this platform’s performance compared to industry standards and other brokers. Yes, according to this commission, there’s a negative balance protection and investors can be covered with compensation of up to €20,000. In other words, if something goes wrong, you’ll probably be on your own.
