About the company
The organization was established in 1996 and is regulated by the International Financial Union. The firm serves as an intermediary between clients and liquidity providers, with operations in the United Kingdom, Belize, and Russia. Customers have access to a good selection of tools for investing, social trading, and three different real accounts. Clients have access to the MT4 platform, which is available as both a web system and mobile application, and provides the highest security standards, including high-tech encryption, secure login, data privacy, and advanced authentication options.
38 global currency pairs Indices, 11 major stock exchanges, ETFs, Energies, and top 5 cryptocurrencies are provided by the organization.
Spreads and leverage
With standard spreads of 1.0 pips and 0.8 pips on popular currency pairings, spreads are competitive, especially on Expert and VIP accounts. The Standard Master Account, on the other hand, has average spreads of 1.2 pips across key currencies like the EUR/USD.
The amount of leverage is determined by the account type. On the primary account, the highest leverage level is 1:1000, while Expert and VIP get 1:200 and 1:100 respectively. These are high odds, and traders can employ a variety of tactics to maximize their profits.
The amount of money that must be deposited varies depending on the account type. To open a Master Account, a minimum deposit of $10/€10/500 is required, making it accessible to newcomers. US dollars, euros, and rubles are all accepted as deposit currencies. There is no deposit fee, and traders can fund their accounts with a variety of methods, including:
- Bank transfer – instant
- Credit/debit cards, including Visa, – immediate
- E-wallets – immediate
- International bank transfer – from 1 to 3 business days
Your initial withdrawal from your NPBFX account is completely free. Following that, a variable cost applies, such as a 2.5 percent fee + $7.50 for credit and debit cards. This is costly and a significant disadvantage, particularly for traders looking for low-cost suppliers.
The company gives opportunity to open 3 different account types, all of them have access to the MT4 system
- Master – $10 minimum deposit, 1:1000 leverage, spreads from 0.8 pips, minimum trade size 0.01.
- Expert – $5,000 minimum deposit, 1:200 leverage, spreads from 0.6 pips, minimum trade size 1.0
- VIP – $50,000 minimum deposit, 1:100 leverage, spreads from 0.4 pips, minimum trade size 1.0
The company provides a demo account with simulated funds and real-time market values. This is an excellent opportunity to become acquainted with the trading platform, risk-free test methods, and see real-time spreads. The broker also hosts a demo account battle event, in which traders of all skill levels compete to improve their skills and gain money on actual accounts.
The company provides a good selection of bonuses and promotions. After a $100 investment, you can get a 60% payback bonus of up to $7 for each lot. Cashback is withdrawable, with a monthly cap of $10,000. There’s also a loyalty program with a variety of benefits, including a $100 incentive after selling 100 lots. For individuals that deal in large numbers, awards are awarded in the form of hours, phones, and even cars. In addition, traders who lose their first deposit are eligible for a compensation plan in which up to half of their initial deposit might be refunded.
Through an analytics portal, the NPBFX website provides extensive assistance features. One-on-one analyst support, a strategy overview, weekly webinars, calculators, and historical data are some of the tools available. These are wonderful resources for beginner traders, in particular. ZuluTrade, one of the largest social trading communities, is also available through the company. Thousands of traders can be followed, and ideas and investment tips can be exchanged. Signal providers may be found in almost all markets and nations, allowing you to trade at any time of day or night. ZuluTrade is available for download on mobile devices, and the platform rates signal providers so that consumers may easily choose which ones to subscribe to.
The usual market timetable is followed by NPBFX. Forex is often available 24 hours a day, five days a week from Monday to Friday, whereas cryptocurrencies are available on weekends. Users can access the broker’s website and trading platform at any time.
There Is multilingual customer support in 8 languages, available 24/7, Monday through Friday:
- live chat
- Online feedback form
- Email – firstname.lastname@example.org
- Phone – +44 800 069-84-70
- Office address: Suite 305, Griffith Corporate Centre, Beechmont, Kingstown, St. Vincent, and the Grenadines.