When the price reaches that level, the stop-loss order is executed by NPBFX. According to the financial regulators that monitor NPBFX, the order is intended to put a cap on the amount of money an NPBFX investor can lose on a particular financial position. If the market moves against you and your NPBFX account margin level percent reaches a certain level, NPBFX has the option to close any open positions on your NPBFX account. This causes a NPBFX margin call to be issued, and if further losses occur, the NPBFX account could reach the liquidation level.
- In the world of online trading, security is everything, and NPBFX delivers on that front.
- He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.
- Technical support is available five days a week, 24 hours a day, from Sunday to Friday, allowing clients to seek help anytime.
- NPBFX provides multilingual customer support five days a week (24/5), available in eight languages.
- This causes a NPBFX margin call to be issued, and if further losses occur, the NPBFX account could reach the liquidation level.
Is NPBFX suitable for spread betting?
However, it is essential to consider the high commission charged by payment systems for withdrawals and the potentially long processing time for withdrawal requests. However, to withdraw funds from your account, you must complete identity and address verification by uploading documents to the website. Next, a form opens for filling out with the minimum necessary information. Here, an actual phone and email are required in addition to the surname and name.
These credentials must be unique and not previously used on the platform. You can open an account with NPBFX by visiting their website, filling out the registration form, and submitting the required identification documents. Clients can choose programs and types of education that interest them – in-person and distance courses, lectures, video materials, and literature.
NPBFX as a Platform for Trading Commodities
These revenue streams allow us to remain financially independent of advertisers, enabling us to provide all services with maximum transparency. Among the financial service providers, there are fraudsters that we promptly report. Feedback and rankings from authoritative sites like „Trustpilot“ on the TradingFinder website assist all traders. Before deciding to trade in any kind of financial market or financial instruments, you should carefully consider your investment objectives. No, NPBFX currently only offers MetaTrader 4 as its main trading platform. The broker does not currently offer cryptocurrency or stock CFDs, limiting its appeal for traders seeking broad asset diversification.
„Trading Finder,“ with its experience, aids traders and investors in gaining a correct understanding and deep learning. The training programs are designed based on tools for traders of all levels, from „beginner to advanced.“ Yes, NPBFX offers a demo account for traders to practice and familiarize themselves with the trading platform before committing real funds. The broker caters to both novice and experienced traders through its educational programs, variety of account types, and range of trading instruments. Numerous positive user reviews attest to the reliability and professionalism of NPBFX.
Verify your NPBFX account
- I’ve never had to worry about the security of my money, and that peace of mind is invaluable.
- This means that traders’ positions on Master/Expert accounts are routed straight to liquidity providers which offer better prices due to big trading volumes.
- NPBFX is an international broker that has been operating since 1996 and is regulated by the MISA.
- We have compared the range of assets and markets supported by NPBFX with its competitors, making it easier for you to find the perfect fit.
- Each client can register on social trading platforms such as ZuluTrade and AutoTrade.
That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Investment managementand copy trading with NPB Invest
The Company aims to take a leading position in the industry and meet the needs of the most demanding types of customers. NPBFX received a Low score for the efficiency and convenience of its deposit and withdrawal processes. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Companies on Trustpilot can’t offer incentives or pay to hide any reviews.
App support
It is worth noting that NPBFX has several advantages regarding other commissions. Thus, the company does not charge an inactivity fee nor for withdrawals (payment systems charge), which is an essential plus in favor of NPBFX. Registration for contests and requests for promotions are done through the personal account or via phone and online operators. Regularly, there are demo account contests, such as „Traders‘ Battle,“ where the prize pool is 2500 US dollars, and a special prize is an iPhone 14 Pro.
Just a clean, reliable experience that makes staying focused on the market easy. The trading conditions are fair, charts are responsive, and I’ve had zero issues with withdrawals. Yes, NPBFX offers cashback bonuses (up to 60%), loss compensation, transfer bonuses, and trading contests. This pricing structure allows traders to potentially reduce their trading costs, especially for high-volume traders. Despite certain drawbacks, NPBFX provides quality service and can be used by most traders. You can download the MT4 platform for free on the official NPBFX website or in the NPBFX personal account area.
Membership of the Financial Commission provides insurance cover of up to 20,000 euros for traders‘ deposits. This is an additional guarantee of fund protection, particularly important for those who trade large volumes and want to be sure of the security of their capital. A competitive advantage of NPBFX is a good combination of active trading and investment on a single platform. Each client can register on social trading platforms such as ZuluTrade and AutoTrade. Zulu is a more advanced option with various additional tools for risk management and building investment portfolios from traders’ strategies. Moreover, there is the MQL5.community copy trading service, which provides for connection to traders’ signals directly from MT4.
Overall, NPBFX may not be suitable for risk-averse traders but could attract those focused on scalping and algorithmic trading. NPBFX is a universal broker providing services on off-exchange financial markets. Trading conditions are suitable for traders with any level npbfx of knowledge and opportunities. Complete training in financial markets such as „Forex,“ „Stock Market,“ and „Cryptocurrencies“ only becomes comprehensive with tested trading tools and strategies.
The broker offers classic MetaTrader 4, which is the best for working with customized indicators, scripts, and advisors. The servers of the company are located in the Equinix NY4 data center in New York, which has direct access to the world’s largest liquidity providers. Thanks to this technology, the clients of NeftePromBank benefit from a high speed of order execution with minimal delays. I don’t always have the time to actively trade, so being able to follow top traders and automatically copy their strategies has been a huge advantage. The interface is simple to use, and the variety of traders to follow is impressive. I’ve been able to see steady returns without spending hours monitoring the markets.
NPBFX also has a proprietary platform for iOS and Android users called NPBFX Trader, which lets you deposit money and trade instruments on your mobile phone. The NPBFX registration is a streamlined, three-phase procedure that enables traders to access over 40 trading instruments in Forex, commodities, and crypto markets. You’ll just need to submit your personal details and verify both your email and mobile number to activate the dashboard. Due to this offshore regulatory status and reports of poor customer support and withdrawal delays, NPBFX poses a higher risk profile than brokers under more stringent supervision. NPBFX, short for NEFTEPROMBANK FOREX, has been actively providing trading services for over 2 decades.
Yes, NPBFX supports the use of Expert Advisors on its MetaTrader 4 platform. Traders can use these resources to make informed, professional-level decisions. Signing up grants unlimited access to all the portal’s analytical tools. Users also benefit from weekly video reviews, training materials, trader calendars, calculators, interest rates, and historical volatility data. Additionally, an online chat feature allows direct communication with analysts. Remember, the verification process is crucial for maintaining a secure trading environment and complying with anti-money laundering regulations.