|Date of foundation|
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
|The owner of the company|
|Types of support|
Email: [email protected]
Feedback form on the site
|Support by phone|
English, French, Vietnamese, Indonesian, Malaysian, Hindi, Russian
MetaTrader 4, WebTrader, ZuluTrade, NPBFX Trader, NPB Invest
|Min. first deposit|
From 10 USD
To 1:1000Depends on the account
From 0.4 points
|Free Demo Account|
|Types of accounts|
Demo, Master, Expert, VIP, Signal
|Features of trade|
|Execution of orders|
|Methods of replenishment|
Bank card (Visa/MC), FasaPay, Neteller, Qiwi, Skrill, Webmoney, WireTransfer, Cryptocurrencies, YouMoney
Bank card (Visa/MC), FasaPay, Neteller, Qiwi, Skrill, Webmoney, WireTransfer, JuMoneu
|Number of assets|
|Types of assets|
Currency pairs38 currency pairs
Raw materialsOil, natural gas
BNP Paribas, J.P. Morgan, Deutsche Bank AG, Bank of America, Goldman Sachs, HSBC, Credit Suisse
|Tournaments / contests|
Courses, seminars, strategies, courses, demo account, electronic textbook
|Contract Difference Commission|
Trading signals, calculator, online quotes
Registration3 variants of the referral program with different remuneration
Advantageous trading conditions
Training and analytical materials
Professional technical support
Bonuses and contests
Delayed withdrawal of funds
Slippage and requotes during terminal operation
Legal name: NPBFX Group
Legal address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
|Date of update|
NPBFX is it a scam? Reviews and description
- 1. Terms of trading NPBFX
- 2. Platform npbfx-official.com
- 3. Demo account NPBFH
- 4. Mobile application
- 5. Deposit and withdrawal
- 6. Bonuses at NPBFX
- 7. Complaints against NPBFH
- 8. Regulator of the broker Nefteprombank Forex
- 9. NPBFX is a scam?
- 10. Conclusion
- 11. NPBFX reviews
The company NPBFX, established in 1996, offers brokerage services for traders around the world. Broker is a liquidity provider to corporate clients and institutional partners. It continues to successfully operate in the financial markets for more than 20 years and actively implements the latest technologies that make trading comfortable.
Still, is NPBFX a scam or a decent company worth trusting? We answer this question in a detailed review of the broker.
Terms of trading NPBFX
The platform provides users with three types of accounts. If you open any of the options, you will be able to trade 38 currency pairs on forex, CFD (silver, gold, oil and natural gas) and 6 cryptocurrencies. The broker offers the following conditions:
- Master. The account, which is more suitable for experienced users than for beginners, the minimum deposit is 10 dollars/10 euros (500 rubles). Spreads from 0.8 pips. Leverage up to 1:200. Volume of the transaction from 0,01 lot.
- Expert. Account for professional traders. Minimum deposit from 5000 dollars/5000 Euro (300 000 roubles). Spreads from 0.8 pips. Leverage up to 1:100. Deal volume from 0.1 lot.
- VIP. An account designed for those traders who want special conditions for trading. The minimum deposit is 50,000 dollars/50,000 euros (3,000,000 rubles). Spreads from 0.4 pips. Leverage up to 1:100. Volume of the transaction from 1 lot.
Brokers try to provide the best conditions for cooperation. NPBFX works with the world's most popular platform for online Forex trading - MetaTrader 4. The platform has a professional functionality for trading operations, analysis of price charts, control over the trading account and development of strategies. The advantages of MT4 include:
- the ability to instantly make transactions in automatic mode with withdrawal
- transactions on the interbank foreign exchange market;
- No freeze levels and the ability to change orders within the spread;
- Web version, mobile version, as well as software;
- hedging of open positions;
- Instant Execution method with the ability to set the maximum deviation from the requested price and trading without regresses and requotes;
- financial news feed from Dow Jones Newswires, which is shown in real time.
It was impossible to find out where the broker takes the values of quotes. Neither on the official site npbfx-official.comnor is there any data on the quotation provider on the Internet (The whole truth about forex).
Demo account NPBFH
For beginners who want to apply theoretical knowledge in trading in practice, a demo account with virtual money was created. The account allows to make transactions with currency pairs at real market quotations, but not to risk own funds. Also demo account The following features are implemented:
- familiarity with the terms of service, watching prices and spreads;
- mastering trading platforms and gaining experience in making deals;
- testing of trading strategies.
Brokers know how important it is for traders to have constant access to the trading platform. Since not all clients have access to computers and laptops, a mobile application was created. The mobile version of the trading platform retains almost the same functionality as the desktop version. Thus, the user has access to trading 24/7. There is a version for Android as well as for iOS.
Deposit and withdrawal
The broker has a large number of options for deposit and withdrawal of earnings. The commission for almost all deposit methods is 0%, except for bank transfer. You can deposit your balance using:
- bank cardsVisa, Mastercard, Maestro;
- electronic transfers: YuMoney, WebMoney, QIWI, FasaPay, Skrill, Neteller etc.;
Withdrawal of funds
If in the case of deposit the amount of commission is constantly 0%, in the case of withdrawal the amount of commission 0% is set for the first transaction to withdraw money through the user's personal account. The amount of commission for the second and subsequent withdrawal transactions depends on the payment system. You can withdraw your earnings using:
- Bank cards: Visa, Mastercard, Maestro;
- electronic transfers: UMoneu, WebMoney, QIWI, FasaPay, Skrill, Neteller;
- bank transfer (SWIFT).
Bonuses at NPBFX
For its customers, the broker is constantly conducting various promotions and accrues bonuses.
Gifts for transactions
Active traders can participate in the loyalty program. Both trading and investment accounts can take part. Participation in the loyalty program begins at the moment of registration of the participant. Thus, users can receive gifts, which depend on the trading volume:
- 100 lots - $100 to the account;
- 300 lots - Apple iPad 10.2;
- 400 lots - Apple Watch Series 5;
- 700 lots - Apple iPhone 11 Pro;
- 1,000 lots - Apple MacBook Pro;
- 10,000 - MINI 3;
- 15,000 lots - BMW 320d.
Cashback - up to 60% from each transaction
Those clients who deposited their trading accounts for the amount from 100 USD/100 EUR or 5000 rubles, receive payments to their accounts for each transaction. Cashback is credited to Master trading accounts. Conditions for receiving the bonus:
- payout up to 60% from the spread (up to $7 per lot);
- Cashback is fully available for withdrawal and trading:
- The maximum payout is $10,000 per month;
- The minimum deal volume is 0.01 lots;
- Advisors and scalping are allowed and welcomed;
- transparent system of accruals.
Reimbursement of losses
The broker offers users to take part in the promotion and get reimbursed for losses incurred during trading operations. In order to be reimbursed for losses, it is necessary to provide a report on profits and losses from the real account and specify the numbers of loss-making trades, for which the client wants to receive a reimbursement of funds. You can take part in the promotion after the first deposit to your trading account. The reimbursement amount shall not exceed the deposit amount. In order to receive a refund, you must:
- to open the customer's personal account;
- agree with the personal manager on the amount of reimbursable loss from the trading account statement;
- deposit a minimum amount of $100/100 Euro or 5000 rubles into your trading account to take part in the promotion;
- the amount of compensation is credited to the balance of the trading account within one working day.
The broker allows clients to transfer any open orders and trading account balance from other companies and get additional 30% to the amount of funds on the trading account. Any open orders can be transferred: loss-making, profitable or hedged. Orders are opened at the same prices at which they were purchased from another broker. To transfer an order you need to:
- Open a trading account with NPBFX;
- form a report with open positions in the trading platform of another broker,
- which will need to be moved;
- send a request to the company to restore orders and balance;
- attach an itemized report from an account at another broker;
- to transfer to the trading account the amount required to further maintain open orders and conclude transactions.
The transfer of open orders is possible both before and after the transfer of margin collateral.
The broker constantly holds various contests for users. At the moment only one contest is active.
Battle of the traders
To participate in the contest, the user must register in the personal cabinet of the contest participant, open an account with a virtual balance of $ 5000 and enter the top 10 traders. Thus, the client absolutely does not risk anything and gets an opportunity to win a real prize of $1000 on their real account or iPhone 11 Pro.
The affiliate programme offers clients the opportunity to earn extra income by attracting new traders to the project. You can attract new users in any way: promotion and recommendation of the company's services, referral link on the website, consultations, training, blog, regional representation, etc. There are a total of 3 variants of affiliate accounts on the website:
- Revenue Share - allows you to receive remuneration from the trade turnover of the attracted client. The amount of the bonus is up to $19. Any method of attracting users to the project is provided.
- CPA (Cost Per Action) - the user receives a one-time payment from the attracted client deposit. The amount of remuneration is up to $900. It is possible to attract new clients in any way.
- CPL (Cost Per Lead) - the client receives a one-time payment for registering a potential client, which is up to $10. You can attract users through a referral link, webmaster, lead generation, or a blog.
Complaints against NPBFH
There are enough different reviews about the broker on the network, and yet, there are more positive ones now, which cannot but rejoice and in many respects indicates the right way of the company's development, its reputation and success. Most traders note the reliability of the company, favorable working conditions (minimum spreads, fast speed of processing and making transactions, minimum deposit), high-quality training and analytical materials, professional support, serious software.
However, there are also negative aspects: problems with the terminal (slippage, requotes), long withdrawal time. In order to avoid negative moments while working with the broker, ask your personal manager about the peculiarities of bonus usage and withdrawal procedure. It can be noted with confidence that NPBFX is quite successful on the financial services market and has serious intentions to conquer the market. Impeccable reputation, innovative service, high-quality terminal, a lot of withdrawal methods, professional support, bonuses and contests - all this leads to the trust of the broker from the user.
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Regulator of the broker Nefteprombank Forex
The broker is a member of The Financial Commission, which is an independent international organization for settlement of disputes between broker and trader on the Forex market, provides additional protection to NPBFX clients with the help of guaranteed payments from the Compensation Fund. In 2016 NPBFX was awarded the status of a Category A commission member, the amount of the compensation fund was increased to $20,000 per client.
npbfx-official.com User Agreement
The "Customer Agreement" is the main document of the project, with which each user must necessarily familiarize himself. The agreement contains the basic rules of cooperation with the company, as well as the responsibilities of the clients and the organizers. The advantage is that the document is presented on the site npbfx-official.com in both English and Russian at the same time. Let's look at some points in more detail.
The document states the information that the company does not guarantee the successful completion of transactions with any financial instruments, so the client has not entered into this agreement with the settlement or confidence in the possible receipt of such guarantees in the future.
The Client acknowledges and accepts that margin trading is highly speculative, which is indicated in the risk notification. The User acknowledges and accepts the fact that margin trading is suitable only for persons who have financial means, the possible loss of which will not affect their living conditions.
All information published on the company's website is for informational purposes only. The organization is not responsible for any action or inaction of the client caused by the provision of this information.
The parties shall be released from liability for non-performance or improper performance of their obligations under this agreement if such non-performance or improper performance is caused by the occurrence and/or operation of a force majeure circumstance (force majeure). The agreement shall also clearly state the force majeure circumstances, which include:
- any act, event or phenomenon (including any strike, riot or civil commotion, act of terrorism, war, natural disaster, accident, fire, flood, storm, power, communications, software or electronic equipment failure, civil unrest) which, in the reasonable opinion of the Company, has caused market or markets instability for one or more financial instruments;
- the suspension, liquidation or closure of any market or the absence of any event on which the Company bases quotes or the imposition of restrictions or special, non-standard trading conditions in any market, or in respect of any such event;
- The entry into force of acts of national authorities, organizations or institutions of a restrictive or prohibitive nature, as well as supranational international entities, which in one way or another may prevent the proper performance of obligations under this agreement.
If force majeure occurs, the broker reserves the right, at its sole discretion, without prior written notice and at any time, to take any of the following actions
- close any or all of the client's open trades at such price as the organization reasonably and unreasonably considers fair;
- suspend or modify the application of one or all of the provisions of this agreement so long as the existence of a force majeure event makes it impossible for the company to comply with those provisions;
- To take or, conversely, to refrain from taking any action against the company or the client if the organizer reasonably considers it appropriate under the circumstances.
The company reserves the right to make changes and additions to the agreement, the regulating documents, as well as to the information posted on the website. New versions of the agreement will be posted on the broker's website npbfx-official.com. Also the company is not obliged to send individual notification of such changes to each user. The client undertakes to visit the website of the company on a regular basis in order to become familiar with such possible changes made to the documentation of a legal nature and other information.
NPBFX is a scam?
NPBFX is a successful and professional market broker. For more than 20 years, the company has been demonstrating advanced trading opportunities. Its success is evidenced by the reviews on the Internet, most of which are positive. We can say for sure that we are not a fly-by-night broker.
A positive factor of the company is the ability to work in the popular Metatrader platform, as well as in its own terminal. The broker's service is positively noted in customer reviews, proving not only that it is important to provide a quality product to its users, but also unique, in the creation and development of which the organization is ready to invest the most valuable resources: significant funds and time. This also distinguishes the company from fraudulent structures created for the purpose of deception.
One of the advantages is a full-fledged official website, the presence of a system of bonuses, accounts, feedback, training opportunities, serious analytics - all this indicates a well-thought-out policy of working with the user, which is also clearly unavailable to fraudulent sites. NPBFX is a licensed broker, this positively affects the user's attitude towards it. In many respects its reputation is a guarantee of company's honesty and responsibility. Should we consider NPBFX a scam? Our answer is no. More than 20 years of successful work with traders all over the world prove it. Nevertheless in order to avoid problems with the broker, ask your personal manager in advance about the rules of bonus usage, withdrawal procedure etc.
Forex broker NPBFX has been successfully working on the financial services market for more than 20 years, has a large base of traders all over the world, providing consistently high quality service and one of the best trading conditions. The success of the company is also confirmed by numerous positive feedbacks from clients.
Convenient ways to withdraw funds, the development of unique services for trading, impressive analytical materials, opportunities for training and improving the trading experience, license (including the CBRF) - all this shows the serious intentions of the company, which values its clients and reputation. Today we will not rate the broker as a fraudulent company, but the reviews of traders, which we are waiting for for this review, can not only change the broker's ratings, but also warn market players against possible problems.
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