NPBFX was established in 1996 and has since then successfully provided brokerage services to traders around the world. It is a liquidity provider for corporate clients and institutional partners and has been operating in financial markets for more than 20 years with great success. The broker actively implements the latest technologies to make trading more comfortable for its clients.

And yet, is NPBFX a scam or a trustworthy company? We answer this question in our detailed broker’s review.

Terms of Trade With NPBFX

At the beginning of 2016, after rebranding, the Forex broker began to serve traders on behalf of the international company – NPBFX Limited. Clients have access to a platform NPBTrader, through which the broker became one of the first companies to apply the technology of STP/NDD and avoid any conflict of interest with clients.

In addition, traders can work through the popular MetaTrader 4 terminal, connected to the liquidity aggregator, allowing withdrawal transactions to Tier 1 banks. Mobile trading is also allowed using popular platforms: Android, Windows, and iOS. The broker is constantly working on improving the service, and has successfully implemented its own NPBFX Trader terminal for web trading, which has an intuitive interface and is convenient for beginners. Having passed a great path of development, today NPBFX retains the reputation of a reliable company, acting in a pledge of honesty and responsibility. The company was able to transfer these characteristics to work on Forex, offering attractive conditions for all categories of traders globally: beginners, professionals, algorithmic traders, and scalpers.

The platform allows automatic trading, and scalping, there are no restrictions on strategies. To reduce the risks of traders, and to help fully assess the situation on the global currency market, an analytical portal was created on the official website that provides exclusive tools for forecasting market dynamics, daily reviews of experts and financial analysts, and trading signals. This serious product inspires confidence on the part of the user.

In addition, there are economic calendars, trader calculators, and data relating to historical volatility, interest rates, etc. on the website. Novice market players can also work comfortably with the broker: there are training materials in several formats (video tutorials, articles, e-Forex library, and the ability to communicate with the analyst via chat, and paid courses). Free webinars are available for those traders who would like to improve their skills. The company attracts not only because of an impressive information base but also affiliate programs, permanent promotions, and contests with valuable prizes.

Deposit and Withdrawal

NPBFX offers a variety of deposit and withdrawal methods. To make a deposit for trading to your account, you need to register with the broker and make an amount by choosing a convenient way to transfer funds (minimum deposit – $10). To deposit funds traders can also use modern payment systems presented on the official website:

• SWIFT bank transfer (bank commissions),
• Plastic cards (MasterCard, Visa, Maestro),
• Payment services: WebMoney, QIWI Wallet, Skrill, Neteller (no commission).

You can open an account in several currencies. Money is immediately available on the account for trading after payment. Withdrawal of funds is possible for authorized traders; the first operation is made without commission, and the following ones are in accordance with commission rates. Withdrawal is possible only to the account from which the deposit was made. The withdrawal period is for 1-6 days.

Complaints About NPBFX

There are enough references about the broker online, and yet, now the number of positive reviews is higher. This is good news and largely indicates the correct path of development of the company, its reputation, and its success. Most traders note the reliability of the company, favorable working conditions (minimum spreads, fast speed of processing and execution of transactions, minimum deposit), high-quality training and analytical materials, professional support, and serious software.

However, there are also negative reviews: problems with the operation of the terminal (gapping, requotes), and long withdrawal. To avoid negative effects while working with the broker, check with your manager about the features of bonus use and withdrawal procedures. We can confidently say that NPBFX is quite successful in the financial services market and has serious intentions to conquer the market. Impeccable reputation, innovative service, high-quality terminal, many ways to withdraw funds, professional support, bonuses, and contests carry credibility to the broker from the user.

Is NPBFX a Scam?

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. The success of this company is confirmed by reviews on the internet, most of which are positive. It can be said with confidence that this is not a day-trading 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 user 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 scam structures created for deception.

Among the advantages are a full-fledged official website, a system of bonuses, accounts, feedback, training opportunities, and serious analytics that indicate a well-thought-out policy of working with the user, which is also unavailable on scam websites. NPBFX is a licensed broker. This has a positive effect on the user’s attitude towards IT. In many ways, its reputation is the key to honesty and responsibility of the company. Should NPBFX be considered a scam? We answer with “no”. More than 20 years of successful work with traders worldwide have proved it. To avoid problems with the broker, please, check with your personal manager about the rules of using bonuses, withdrawal procedures, etc.

Broker`s Regulator

NPBFX works on behalf of the international company NPBFX Limited, licensed by the International Financial Services Commission of the state Belize IFSC (No. 60/342/TS/15), which sets strict standards for its participants, this can also act as an additional factor in increasing customer confidence.

The broker is a member of the Financial Commission (the Financial Commission), which is an independent international organization for the settlement of disputes between the broker and the trader in the Forex market, providing additional protection for NPBFX clients with guaranteed payments from the Compensation Fund. In 2016 NPBFX was granted the status of a member of the category, and the compensation amount of the Fund increased to $20,000 per client.

Check NPBFX license on IFSC website

Bonuses on NPBFX

Each trader of the company can get two types of bonuses:

1) Bonus of up to $10,000.

Get Cashback for every trade with a broker: up to $7 per lot. Cashback is fully available for withdrawal and Forex trading, the maximum payout is $10,000 per month. To take part in the campaign, you need to make a deposit to your account in the amount of $100. Check with your personal manager for detailed bonus terms and conditions.

2) «Compensation of losses» offer.

This offer allows you to receive compensation for losses occurring during trading operations. To receive it, a trader needs to submit a profit and loss statement from a real account, where it is necessary to specify the number of losing trades that the client wants to compensate. Check with your manager for detailed bonus terms and conditions.

Summary

NPBFX, a Forex trading broker that has been successfully operating in the financial market for over 20 years, has a large number of traders around the world. The company provides consistently high-quality service and offers some of the best trading conditions available. Many positive reviews from customers demonstrate the success of the company.

NPBFX offers convenient ways to withdraw funds and develops unique services for traders. The company also provides impressive analytical materials, and opportunities for learning and improving trading skills. The license (including from the CBR) shows the company’s serious intentions and commitment to its customers and reputation. Today, we do not consider NPBFX to be a scam broker, but trader reviews can change the company’s ratings and warn other market participants about possible problems.