Overview of NPBFX Broker's Trading Tools
Broker NPBFX mentioned more than once in our blog, and has established itself as a really reliable Forex broker with an impeccable reputation.
In this article we will take a closer look:
- The trading conditions that the broker offers;
- On what trading platforms and on what principle deals are concluded;
- Let's evaluate the capabilities of the analytical portal;
- Let's talk about ZuluTrade social trading.
Let's find out if trading with NPBFX is profitable and is it a scam?
NPBFX trading instruments
NPBFX broker offers a wide range of trading instruments:
- About 40 currency pairs (including exotic currency pairs such as USD/ZAR, USD/NOK, USD/SEK, USD/MXN, USD/SGD);
- Brent/WTI oil and natural gas;
- Cryptocurrencies (bitcoin, bitcoin cash, deshkoin, etherium, litecoin, riple).
Anyone can find the most comfortable and best option for forex trading. You can read the contract specifications for all available trading instruments on the broker's website npbfx.org. There you will find all the necessary information for making deals: spread size for each trading pair, swaps, trading schedule, margin requirements and much more.
Types of NPBFH accounts
For clients of the broker NPBFX (go onlineThere are three types of accounts available: Master, Expert, VIP. For your convenience, in the table we have listed the main parameters of their differences, so that you can choose the trading conditions that suit you best:
You can open a deposit in U.S. dollars, euros, Russian rubles.
Note that on all types of trading accounts:
- No commission is charged for transactions;
- All trades are posted to direct liquidity providers;
- All of the trading tools that we wrote about above are available;
- High-frequency trading and scalping, including automated trading with Expert Advisors, are allowed and welcome;
- There are hedging transactions.
Multilingual customer support is available 24/5. If you are just starting to learn the basics of Forex trading, we strongly advise you to practice on our free demo NPBFX account first. Here you can learn how to develop your own trading strategies. forex trading strategytrading in the atmosphere of market conditions without the risk of losing real money and losing your deposit (Forex without Investment and Risk). In addition, the broker, together with professors from the Moscow university MIFI, regularly conducts free training webinars on trading (Forex Trading Training). After that you will form not only a theoretical idea about trading, but also a practical knowledge.
When you are confident in your abilities, then we advise you to switch to a real trading account. For example, a Master account with at least 10$ (10€/500₱) would be a good bet for a new trader.
Trading platforms npbfx.org
NPBFX offers one of the most popular and reliable trading platforms - MetaTrader 4 (MT4). As statistics shows, 9 out of 10 traders use MT4. Why MT4 and not MT5?
- Simple and clear interface for comfortable trading for any trader;
- High level of protection against hackers, time-tested. All your data sent to the server is encrypted with a 129-bit key (by the way, your IP address is also fully encrypted);
- MT4 terminal traders have been using for many years, so the scripts, trading robotstechnical indicators for forex The number of Expert Advisors is huge, which cannot be said about MT5, where many Expert Advisors simply do not work. The trader is faced with the task of reworking the automatic assistant for the new terminal, and this is an additional cost for him;
- Most brokers and dealing centers use MT4, so the technical support of this platform is honed to perfection.
Taking this into consideration, you can be sure that the trading terminal offered by NPBFX, where you will spend almost all your trading time, really won't let you down. In addition, the trading platform is available for installation on all mobile devices (MacOS, iPhone, Android, iPad), that is, you can make transactions at any convenient place.
NPBFX is the best STP broker!
Now let's talk directly about how orders are processed by the broker. Each client's transaction is concluded exclusively on the brokerage model with lightning-fast output to liquidity providers. The high speed of transactions is due to the Straight-through processing/Non Dealing Desk technology. This is especially important if you trade large volumes - when price changes occur literally in one second, and any delay is immediately reflected in the amount of your deposit.
For the second year in a row NPBFX broker has been recognized as the best STP/CIS broker according to IAFT Awards organized by the Independent International Association of Forex Traders:
NPBFX technical team is constantly improving its software system for prompt execution of trades and gives its clients the best market prices from Tier 1 banks, including due to ECN trade execution system, which excludes conflict of interest between the parties. All NPBFX servers are concentrated in one of the largest data centers on earth - Equinix NY4 (New York). This ensures maximum performance with minimum delays.
Analytical portal npbfx.org
NPBFX Company is interested in that every client could orient himself quickly in changing market conditions, make right trading decisions, do not stand still and constantly develop. That is why the broker developed a wide analytical portal with exclusive analytical materials and tools for forecasting prices on the Forex market. Electronic tutorials, instructions, expert daily and weekly reviews with forecasts on popular trading instruments, calendars and trader's calculators, information on historical volatility and interest rates are at your disposal.
The information on the portal is useful not only for beginning traders, but also for experienced ones. For example, the news section will be especially useful for traders who trade on the news. There you can find all actual key events that influence to currency pairs quotations and also detailed reviews with explanations:
We also advise to pay attention to the "Training" section. It contains more than 60 working trading strategies with detailed descriptions and application guidelines:
The principle of each trading strategy is described and illustrated in maximum detail on the charts. There you will find specific recommendations on what timeframes and with what currency pairs it is better to use this or that trading strategy.
Additionally, in the "Training" section you will find:
- Training videos from MetaQuotes on Expert Advisors, Trading Signals, Hosting;
- List of global economic indicators by importance and influence on exchange rate changes;
- Video courses;
You can use the analytical portal not only from your computer, but also from mobile devices. NPBFX Analytics application is available 24/7 from any mobile device wherever you are.
Features of the mobile version of the analytical portal:
- The application is multilingual;
- Materials on the following assets are available: EUR, USD, GBR, JPY, CHF, CAD, NZD, AUD, Silver, Gold, BRENT, Stocks;
- Extensive gallery of video reviews;
- Economic calendar with online updates;
- Many analytical articles;
- Recommendations for making deals based on the analysis of popular Forex indicators;
- Flexible setting system, for maximum ease of use.
The rating of the mobile version of the portal is 4.6 out of 5 stars according to Google Play reviews.
Social trading on ZuluTrade platform
If you prefer passive income, the ZuluTrade platform is perfect for you. The service is very popular among traders and investors around the world. The principle of work is the following: in an automatic mode you just copy transactions of the chosen successful traders and earn on it. In addition, when searching for a trader you can set an individual filter that will show you providers, for example, with a drawdown of no more than 20%.
You can also set up certain parameters of order copying (set the permissible risk level, transaction volume, specify the maximum number of transactions, etc.). NPBFX offers the following trading conditions on the ZuluTrade platform. There's also a tip: you can get extra profit for your invited friends as well (about 0,4 pips from each trade made).
How to open a ZuluTrade account?
You can open an account both as an investor and as a provider.
Step 1. Select "Open a signal account" in the "Trading accounts" section of the NPBFX Personal Area:
Step 2. Select ZuluTrade from the external signal services offered by the broker. This will open a registration window with the required data to be filled in:
Step 3. Fill in this data and click the "Open" command.
By the way, in addition to the real signal account, every client of the broker has the opportunity to open a free demo account to get acquainted with the principles of the service with zero risk:
All trading is done on the popular MetaTrader 4 trading platform, which we wrote about above. For active traders who do not sit in one place, there is an excellent opportunity to trade in the mobile application ZuluTrade, downloading it from Play Market:
Features of the mobile version of ZuluTrade:
- Contains more than 100 thousand different trading strategies and systems available for automatic trade copying;
- Built-in algorithm ZuluGuard, which recognizes and protects against high-risk trading strategies;
- The ZuluRank function will help you to choose a successful trader, whose trades you will copy and evaluate his effectiveness;
- Multilingual 24x7 technical support with built-in online chat;
- There is an economic calendar of upcoming important financial events, the history of transactions with a detailed data table, charts with technical indicators, etc.
As you can see, NPBFX broker's offers and opportunities are very diverse and suitable for any category of traders:
- The minimum deposit of only 10 dollars/euros (or 500 rubles);
- The spread is one of the lowest on the market (from 0.4 pips);
- The commission for transactions is zero;
- More than 40 trading tools;
- A huge base of useful material for trading on the Analytics Portal;
- Earnings opportunity on ZuluTrade social trading platform.
The company has been providing services to traders since 1996 and has earned an impeccable reputation. Summarizing our review, we can say with confidence that NPBFX is not a scam and you can start your way in the Forex market with this broker! NPBFX registration is the first step on this way!