NPBFX Review – Forex Brokers Review & Rating

5/5 - (3 votes)

NPBFX (NEFTEPROMBANK FOREX) company provides brokerage services in the Forex market since 1996. Quotes are available for 38 currency pairs, as well as gold (XAUUSD) and silver (XAGUSD) and oil Brent (XBRUSD) & WTI (XTIUSD). NPBFX serves customers on broker model and become an intermediary between clients and suppliers of liquidity in the interbank foreign exchange market. The company provides customers with the ability to use any trading strategies without limits, from classic trading strategy to HFT and algorithmic trading.

5/5 - (3 votes)

NPBFX Advantage

  • Proprietary NPBTrader trading platform linked to a liquidity aggregator with Tier 1 bank access, ensuring instant execution of orders thanks to the high liquidity and data transfer speed
  • Membership in the Financial Commission provides up to EUR 20,000 insurance coverage on deposits of traders
  • Social trading with access to the independent ZuluTrade platform
  • Loyal conditions: minimum deposit is $10 and leverage up to 1:1000
  • All strategies are allowed, including scalping, hedging/locking, and algorithmic high-frequency trading on all types of accounts.

NPBFX Disadvantages

  • Compared to other brokers, the speed of copying trades on ZuluTrade is not the fastest
  • No MT5 trading platform, which has unique advantages over MT4
  • Offshore regulation
  • No cent accounts.
5/5 - (3 votes)

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