Website: https://finance-official.npbfxrus.org/
Phone: 8 800 200-06-76, +7 495 128-98-90
Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
About company:
NPBFX has been providing brokerage services to clients in the FOREX currency market since 1996. Until 2016, private traders and corporate clients were serviced on behalf of a bank licensed by the Bank of Russia (Nefteprombank JSC). At the beginning of 2016, a rebranding and transfer of private client services to the international company NPBFX Limited with an IFSC license was carried out. The bank continues servicing corporate clients. In the period from 1996 to 2006, the company primarily served clients in the HNWI/UHNWI segment. In 2006, the company introduced the NPBTrader Internet trading platform, connected via a proprietary bridge to liquidity providers in the interbank market. Thus, the company has become one of the first retail brokers to serve clients exclusively on STP/NDD technology using a brokerage business model that excludes conflicts of interest with clients. In 2011, the company began serving clients through the MetaTrader 4 trading platform. The platform is connected to a liquidity aggregator that allows you to transfer client transactions to Tier 1 banks. The NPBFX service portfolio contains offers for almost any category of clients: private traders with classic trading strategies; algorithmic traders, HFT traders, scalpers; traders who need to provide liquidity for large trading volumes; institutional clients and partners: brokerage companies, hedge funds and corporate clients; traders with individual needs. In 2016, NPBFX was awarded the status of a member of the Financial Commission category A, the amount of the compensation fund was increased to $20,000 per client. Currently, NPBFX serves clients from different regions of the world and operates in accordance with international standards of good business conduct in the financial services markets.
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I came to the conclusion that NPBFX provides more favorable conditions than most competitors. I have a Master account, a dollar deposit. What advantages have I learned from this? First of all, I have an internal cashback. This is not a connection via third-party rebates. Secondly, low spreads for STP without brokerage commission. Low spreads, it turns out a difference of 20-30 percent in favor of NPBFX in comparison with others.
5 years in trading, half a year with NPBFX. Why did I choose them? At the beginning of the year I was really tired of currency pairs and my broker’s bugs. I decided to change the broker and start trading indices. I did not dare to short on the stock exchange, I had no experience and there was nothing to do there with my capital below $10,000. In my search engine I have found brokers, who have access to indices from Metatrader. I have found NPBFX the most decent and inexpensive broker. I traded indexes with standard currency stp-accounts, the leverage is 1:5, I can work with any lot with minimum 0.01. I basically trade NASDAQ, S&, and German DAX30, using weekly bars. I use weekly bars and use DAX30. The broker gives very good results, no slippers as such. I have never had any problems with withdrawal of profits for personal needs. I have not had any problems.
P.S. For currencies again not especially pull, and to switch to other. I have no reason to switch to other brokerage companies, I am satisfied with NPBFX.
If you trade cryptocurrencies at NPBFX, it is more profitable than on exchange. Firstly, there is margin trading, which increases profit by exactly 5 times compared to the same deposit on the exchange. This is because I really know what I am talking about, because I traded from broker’s terminal and on exchange at the same time, in both terminals. I used to trade on both of them at the same time. The broker is evidently much better and it shows. Now I will switch to speculation in cryptocurrencies entirely with broker. And also, by the way, if suddenly an interesting situation occurs, for example, in the stock market, then this broker directly in the platform from the same my trading account can also trade indices, for example. In other words, it is more versatile than going to the stock market.
The platform spreads are average across the industry, and leverage varies depending on the asset class and account type (for example, margin or cash). Leverage is usually higher for exchanges with lower volatility (for example, Forex) than for exchanges with higher volatility (for example, stocks). Scalping on the platform of this broker is impossible due to the high requirements for the minimum transaction size for each instrument (the transaction size depends on the instrument).
I came to NBP FX from another broker under the promotion move my account to NPB FX. I did not expect such professionalism and accuracy from them. By the way, I also managed to get 30% trading bonus on my transferred deposit which would support my account and due to that bonus I managed to win some losing trades. In general all the pluses so far. I recommend everyone who is unhappy with their company to take advantage of this transfer promotion!
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I traded a little and formed my impression of the company. By and large, I liked the broker, since they have pretty good trading conditions, quick withdrawal of funds, support very smartly answers helps to sort out questions. But, I also found a subjective minus, unfortunately they have no bonuses.
I delayed the verification of the bank card from which I deposited my trading account. For three working days there was complete silence until I complained to the support team. After my talk with support it all worked out, verification was carried out within a day. Literally, two weeks after this situation, a new problem – I wrote off the money from my account to webmoney, they did not come to webmoney. I waited for 24 hours, I thought maybe the money will come, but no. Only after contacting the support service the situation was resolved. As in themselves, such situations are strange to me – why is it the financial department or who is responsible for it? but the fact that the support service knows the job and solves the problem – this is certainly good. A solid “A” for support, and a “C” for the work of the financial department.
working with this broker is actually worth it, and I haven’t had any problems with that. I haven’t managed to find any disadvantages, even though I’ve been with this broker for almost a year. analytical material there is great, and minimum deposit is low enough for novice traders to enter the forex market. so if you hesitate about choosing this broker, I highly recommend you give it a try, you won’t be disappointed.