The company was awarded the winner in the nomination “Best STP Broker 2019” at the International Association of Forex Traders (IAFT). This company offers you 4 types of special accounts , Master account ,Expert account, Vip account and the risk-free Demo account. The platform connected to liquidity provider, that allows customers to make transaction on Tier 1 banks. NPBFX Company offers innovative software and hardware via STP/NDD technology. According to the website, it is operated by NMarkets Limited, which is registered in Saint Vincent and the Grenadines. The FSA registry reports that this legal entity was created in 2018.
The broker offers segregated accounts, which ensures that clients’ funds are kept separate from the company’s operating funds. All these measures and many more point to the fact that NPBFX isn’t a scam but a legitimate brokerage firm. In addition, the broker offers segregated accounts, meaning client funds are kept separate from the broker’s funds. This adds an extra layer of security to the trading process and helps to prevent any potential conflicts of interest. It is available for Windows, macOS, iOS and Android and also works in browsers. In your client portal, you will find links to download the terminal for any system or device.
NPBFX (NEFTEPROMBANK FOREX) company
provides brokerage services in the Forex market since 1996. Good and great brokerHe cares about customers and the services provided by him are very good. Withdrawals are as fast as possible, except in the case of a bonus for review. They have a support department that helps customers at all times.
Should I Trade with NPBFX?
Just in case, we decided to inquire about JSC “Nefteprombank”. It turned out that in 2021 the Central Bank of Russia revoked its license, declared https://forexhero.info/ it bankrupt, and appointed a provisional administration. The system will send confirmation codes to the specified email address and phone number.
- More than 20 years of successful work with traders around the world proved it.
- In your client portal, you will find links to download the terminal for any system or device.
- This is a serious product that inspires confidence on the part of the user.
- Plus, traders can use scalping, hedging, and position locking on all types of accounts.
- Open an account with NPBFX, make a deposit, and start getting cashback for ever closed trade!
Withdrawal is possible to the cards of the specified systems, electronic payment systems or through online banking. Bank transfer is possible with commission of 50 usd / 50 EUR + 1%. Professional analytics – access to a special service is provided, which contains a large amount of thematic materials, video reviews and effective tools for forecasting market trends. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
NPBFX is this a scam? Reviews and description
Once you do that, you will be redirected to a page where you need to fill out a short registration form. It’s also worth noting that the broker’s reputation is supported by the reputation of the bank, which further adds to its credibility and trustworthiness. However, it’s worth noting that NPBFX doesn’t offer its services to residents of Canada and the United States. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
Again and again, we remind you that the Grenadines do not in principle license forex brokers. The referral program provides for commissions up to $19 per lot or a one-time payment of up to $900 when you refer a client. They have the same list of trading instruments and additional services. Our experts can also help you to find forex brokers by country or you can put the best forex brokers head to head by using our tested broker comparison tool.
Customers who gave positive reviews mentioned NPBFX’s attentive customer support and quick fund withdrawal process, which are crucial factors in choosing a reliable Forex broker. Please note that the company provides a demo account, promotions, and analytics on a separate portal. If necessary, the user can contact support via online chat. MetaTrader 4 is one of the most widely used electronic trading and analytical platform that is used for trading in FOREX market. MetaTrader 4 equipped with the most advanced professional functionality for trading, control over the trading account, analysis of price charts and trading strategy development.
Established in 1996, NPBFX Limited has been in business for over 15 years. With a presence in multiple continents and offices in the UK, Belize and Russia, the broker acts as an intermediary between clients and liquidity providers. NPBFX is registered in Saint Vincent and Grenadines, not subject to any regulation at this stage.
More than 100 trading instruments including currency, crypto, energies, indexes, shares and CFDs. Opening an NPBFX trading account is a quick and easy process. To get started, visit the NPBFX website and click on the “Open Account” button.
These trading strategies are based on signals from 23 different technical indicators, covering all global trading sessions. To provide payment processing services, NM Financial Solutions Limited was established as a partner company that processes payments only from credit and debit cards. NPBFX is also a member of The Financial Commission, an international organization that resolves disputes in the international financial services sector. NPBFX is a top-notch brokerage firm in the Forex market with over two decades of experience, as stated in numerous NPBFX broker reviews. The company, formerly known as Nefteprombank, rebranded to NPBFX on January 1st, 2016. It uses a unique blend of two business models, Market Maker, and Brokerage, to ensure that there are no conflicts of interest between the clients and the broker.
I accept the website agreement on the processing of personal data. The broker only has a certificate from The Financial Commission, which allegedly forexee resolves disputes between the company and clients. The second management company, NPBFX Limited, is registered in Belize and is also not licensed.
- The referral program provides for commissions up to $19 per lot or a one-time payment of up to $900 when you refer a client.
- Specialized Concept Stores provide the ultimate shopping experience for the discerning customer to purchase Specialized bikes, equipment and services.
- Instant execution of transactions – traders can open and close transactions at the most profitable quotes.
- Swap Free account is a service that provides access to a trading account on conditions of absence of swap operations while transferring open trading positions to the next business day.
- In addition, Swap Free account (Islamic account) is available to investors, i.e. access to the account without performing the “swap” operation in case of the transfer of existing positions to a future day.
To complete the registration process, both codes must be entered. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. With NPBFX’s Compensation of Loss promotion, you can receive compensation for losses you incurred earlier in trading! The company also has a partner company called NMarkets Limited, which is based in Saint Vincent and the Grenadines and is also fully regulated by the Financial Services Authority with company number IBC 2018. Furthermore, the company is a member of The Financial Commission, an organization that promotes transparency and ethical behavior in the financial industry, proving its commitment to upholding high standards.
Besides, the Belize registry does not disclose the company’s founding date. As a result, we cannot judge the legal status of the broker from 2016 to 2018. It is obvious that accounts are differentiated mainly by the size of the deposit. By the way, the euro and the Russian ruble can also be the currency of the account.
One of the key strengths of NPBFX is its wide range of trading instruments, which includes more than 100 currency pairs, metals, energy products, and indices. The broker also offers a variety of trading platforms, including the popular MetaTrader 4 and MetaTrader 5, as well as its own proprietary platform, NPBTrader. Our company offers innovative technologies of trading to private traders and
institutional clients. NPBFX works by the brokerage model of service with routing
trade … 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.
Is Naga Global legit?
The NAGA Group is a fully regulated and transparent firm that is not only a publicly listed company but a broker authorized by a CySEC in Cyprus and a technology company operating in Germany.
The broker is actively implementing the latest technologies that make trading comfortable. Services for private investors were transferred to NMarkets Limited, an international company incorporated in Saint Vincent and the Grenadines. It provides favorable conditions for investors of all levels using a variety of trading strategies, from scalping to long-term trading. Trading is carried out through one of the most common online platforms – MetaTrader 4 – a program with a variety of analytics, social trading and training. Its demo account gives technical educational resources and offers a risk-free way to try your hand at forex trading and gain valuable experience. With a demo account, you can learn how to use the trading platform, gain experience making deals, and test trading strategies using real market prices.
The broker also supports popular payment systems such as FasaPay, Yandex, Qiwi, and WebMoney, ensuring that you can easily fund your account or withdraw your profits in a way that suits you best. To make your life easier, NPBFX offers a wide range of payment methods for both deposits and withdrawals. You can choose from trusted options like Visa and MasterCard or opt for e-wallets like Neteller and Skrill.
FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. In addition, Swap Free account (Islamic account) is available to investors, i.e. access to the account without performing the “swap” operation in case of the transfer of existing positions to a future day. The service applies to traders who cannot apply swap transactions based on religious principles. There are several training programs and analysis in special section on the company’s website.
Is NPBFX regulated?
NPBFX is regulated by the Belize International Financial Services Commission (IFSC).