NFBFX Broker Profile
NPBFX broker is an international forex broker founded in 1996 and headquartered in Saint Vincent and the Grenadines, this broker is regulated by FINACOM. NPBFX broker provides Forex market facilities and services since 1996. Until 2016 private traders and corporate customers services are carried out on behalf of banks operating under license and under the supervision of the Bank of Russia (ie PT “Nefteprombank”). In early 2016 the company rebranded and all private traders were transferred to PT NPBFX Limited, corporate customer service is still done by banks.
Between 1996-2006 PT carried out services especially customers from the HNWI/UNHWI segment. In 2006 it began operating the online trading platform NPB Trader, which uses a self-improvement bridge to connect liquidity providers in the interbank market. As such, NPBFX became one of the first retail brokers to provide customer service using only the STP/NDD technique, the broker’s business model that eliminates conflicts of interest with customers.
NPBFX COMPANY INFROMATION:
- Company : NMarkets Limited
- Founded : 1996
- Headquarters : Saint Vincent and the Grenadines
- Regulatory Agency : FINACOM
- Broker Type : STP/NDD
Proud to help traders earn money on global currency markets since 1996
Founded in 1996, the NPBFX company provides foreign exchange services to its clients. NPNFX have a long history of serving our clients, some of thei clients began work with NPBFX in the era of telephone transactions and continue working till now with modern technology platforms. In addition to services for private traders, the company provides liquidity to corporate clients and institutional partners.
Broker customer service model
The NPBFX company uses customers brokerage model to serve clients and become an intermediary between the client and the suppliers of liquidity on the inter-bank foreign exchange market. The company earns only through clients turnover: the number and volume of transactions. The increase in clients revenue and trade volume, increases company`s revenue growth, so NPBFX is interested in the success of customers trade.
Each transaction enters in the inter-bank market with the help of STP/NDD technology
Each customer’s transaction is displayed before the liquidity providers by an automatic mode with STP/NDD (Straight-Through-Processing/Non-Dealing Desk) technology, using a bridge between the MetaTrader 4 trading platform and liquidity providers. This fact guarantees all transactions at fair market prices and excludes the conflict of interest between the client and the broker.
Fast and high-quality transaction processing
Transaction processing of NPBFX customers is provided by a high-tech software and hardware complex, which includes liquidity aggregator and bridge for closing deals. This allows customers to make transactions on the most favorable rates in the inter-bank market with a minimum processing time by the scheme: «Customer — Company — Liquidity Provider».
All trading strategies are welcomed
The company provides customers ability to use any trading strategies without any limits, from classic trading strategies to HFT and algorithmic trading. To this end, NPBFX do the best to attract the best aggregation of liquidity providers, as well as development of technology to ensure the best trade execution.
Compensation Fund up to $ 20,000 per customer
The NPBFX Company is a member of A category self-regulatory organization of The Financial Commission — an independent international organization for the settlement of disputes between brokers and traders on financial markets. The Financial Commission provides additional protection for the company’s clients through NPBFX payments which guarantee Compensation Fund payments with limit $ 20,000 per customer.
High-quality analytical portal
NPBFX offer their customers free access to open a Multilanguage analytical portal with exclusive analytical materials and video outlooks, and effective tools forecasting stock market prices. Thei analytical portal provides an opportunity to make decisions in a professional manner.
Best trading platforms and technical solutions
NPBFX clients can trade on the financial markets through the most advanced, powerful and reliable trading platform: MetaTrader 4 and the mobile version of MetaTrader 4 available on Android, iPhone or iPad with the economic news from Dow Jones Newswires. The company’s servers are located in one of the most modern and secure data centers in the world: Equinix NY4, New York.
Add and withdraw funds for free
NPBFX clients can add and withdraw their funds through bank cards: Visa, MasterCard, Maestro; e-wallets: WebMoney, QIWI, Yandex, Skrill, Net-Teller, FasaPay and inter-bank transfer (SWIFT) as well.
Worldwide, 24-hours service
Customer service is available 24 hours a day, 5 days a week. Company`s clients can communicate with Multilanguage support at any time from 22:00 GMT Sunday to 21:00 GMT on Friday. All transaction can be passed either through trading terminals and via our phone dealing service.
NPBFX ACHIEVEMENTS :
At this time the NPBFX broker has not received awards from various forex awards, independent financial institutions or from other forex business magazines.
NPBX Account Types Comparison
NPBFX provides Master, Expert and VIP account types. Here is a comparison of each of these account types:
|Min. Deposit||$10||$5000||$50 000|
|Lot Size||100.000 Unit|
|Min. Trade||0.01 lot||1 lot|
|Decimal Price||5 Digit|
|Execution Type||Market & Instant|
|Expert Advisor (EA)||Yes|
NPBFX Trading Instruments
NPBFX provides 40+ Forex trading instruments, and 2+ precious metal pairs (Gold and silver), 3+ CFD pairs and 3+ crypto currency pairs that can be accessed on one platform, see contract specifications here.
NPBFX Islamic Account
The NPBFX broker currently does not provide Islamic or free swap account options for Muslim or non-Muslim customers.
NPBFX Trading Platform
NPBFX provides the MT4 trading platform available for Windows PC and MAC users as well as the MT4 Webtrader for web browser based platforms. Whereas the mobile platform is available for Android and iOS users.
NPBFX provides a social trading platform in the form of ZUluTrade, the world’s leading online and mobile Social Trading platform. Zulu Trade acts as an intermediary between trading signal providers on the ZukuRank list and signal users. Users or “followers” can manage their accounts through secure management accounts that are equipped with ZuluGuard risk management features as a shield against volatile trading strategies.
NPBFX Deposit and Withdrawal Methods
NPBFX provides various types of deposit and withdrawal methods including using, FasaPay, Credit / debit cards, Neteller, QIWI, Skrill, WebMoney, Wire transfer, Yandex.Money, more methotds see here.
NPBFX Support Service
NPBFX provides 24-hour support services within 5 working days, available in Email, Live Chat, Phone, Call Back. Language services are available in Indonesian, English, Vietnamese, Russian, French, to contact, please visit NPBFX contact page here.
NPBFX Regulatory Information
The Financial Commission
|Country||St. Vincent and the Grenadines|
|Address||Suite 305, Griffith Corporate Centre. Beachmont 1510, Kingstown – St. Vincent and the Grenadines|
|Description||FINACOM PLC LTD. (“Financial Commission”) is an organization of independent regulators and external dispute resolution bodies dedicated exclusively to Forex. The Financial Commission itself is not regulated by or registered as a dispute resolution body in any jurisdiction and operates with the utmost importance of transparency, speed and education.
The Financial Commission ensures that traders and brokers resolve disputes quickly, efficiently, unusually and authentically, while ensuring they come out with satisfactory answers, and at the same time increase their knowledge of Forex.