In terms of features https://forexhero.info/ed to traders, NPBFX has Demo Accounts, Social Trading, Signals and Auto Trading but is missing Islamic Accounts. They disabled my account because I made profits.If you love yourself, stay away from this scam broker because they only want to see a losing trader. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Established in 1996, NPBFX Limited has been in business for over 15 years. NPBFX is registered in Saint Vincent and Grenadines, not subject to any regulation at this stage.
In other words they did not leave me with any choice but to agree to the transfer of funds to your to your firm. As I have no choice I was coerced into a situation that I objected to from the start. This makes me very angry as I would have just preferred that my funds were returned to me – but they did not do that. As I am in a situation I object to I will take a very aggressive approach to obtain the return of the small amount of my funds including litigation if necessary.
Overall, in comparison to brokers of similar standing, their spreads appear to be competitive. Employees of the Company have many years of experience and professional skills of successful customer service on FOREX in banks and brokerage companies. NPBFX does offer a Sign-Up Bonus of $20, a Welcome bonus, or the advantage/profits of a no-deposit bonus with first-time sign-up or account registration. NPBFX does periodic offers competitions and profitable events. NPBFX was established in 1996 and is an STP/NDD broker that acts as an intermediary between clients and liquidity providers.
NPBFX Available Instruments
However, we offer you the great opportunity to transfer the balances of your trading accounts and open orders to NPBFX broker on special unique conditions prepared for FortSFS customers only. Thus our clients can continue trading on financial markets while maintaining a trading account balance. The NPBFX company specialises in offering Forex trading services and was established as long ago as 1996.
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NPBFX vs XM vs OctaFX – A Comparison
It is easy to register for one of NPBFX’s trading accounts online. There are three account types to choose from to accommodate the needs of various kinds of investor and each has its own impressive features. The website is very clearly set out and outlines deposit methods available very clearly. The deposit methods offered by NBPFX are Skrill, Neteller, Bank Wire and also Visa/Master Card. Bank Cards, local bank transfer, and Wire Transfers are the only ones that come with a fee by the bank, while all other methods do not incur any fees from the broker.
- The trader verifies all the details entered and it sends for registration.
- I guess the only way to get my deposit back will be to call my bank and open a chargeback.
- Can you please advise which party is lying is it Fort FS of the NPBFX brokerage that is lying.
No matter which account type you opt for, you will not be charged trade commissions, and all accounts also have the same access to the same markets. The minimum deposit requirements vary, which we will go into shortly. The Nefteprombank Forex broker offers its customers a wide range of high-quality and actual analytics. The clients of Nefteprombank broker may use a demo account in order to gain an additional experience in trading on the FX market and to polish their trading strategies. We inform you that unfortunately, due to financial difficulties FortFS ceased to provide services and stopped operations.
NPBFX also offers potential clients the opportunity to open a free of charge demo account which allows them to try out the broker’s trading platform. A Forex broker like NPBFX provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers.
⚖️ Would you recommend me choosing NPBFX?
We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations. Open an account with NPBFX, make a deposit, and start getting cashback for ever closed trade!
We know you don’t want to read a long review of an untrustworthy broker. Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country. When we researched NPBFX based on some of our client complaints about this broker, we ran into some contradictory information.
Educational & Trading Tools
NPBFX accepts the following payment methods; credit/debits cards, e-wallets, Fasapay, WebMoney and wire transfer. Claim your profile to access Trustpilot’s free business tools and connect with customers. Sign up for NPBFX’s Loyalty Program and start getting not only profits from your trading, but also gifts for all of your trades! Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. I strongly advise all traders to stay away from NPBFX, on first sight it looks like trust worthy broker, but it is not.
NPBFX offers MetaTrader 4, one of the most widely used electronic trading and analytical platforms used for trading in Forex markets. MetaTrader 4 offers the most advanced professional functionality for trading, control over a trading account, analysis of price charts, and trading strategy development. NPBFX offers Islamic swap-free trading on all trading account levels. NPBFX offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries.
KVB Prime Sign Up Bonus
The minimum deposit amount required to register an NPBFX Professional live trading account is $10 USD. NPBFX also offers ZuluTrade – one of the largest social trading communities. Clients can follow thousands of traders, exchanging ideas and investing tips. Signal providers are available in almost all markets and countries allowing for trading around the clock. ZuluTrade can be downloaded to mobile devices and the platform ranks signal providers so it’s easy for users to decide who to follow.
What bonus the only funds in my account are the original funds from Fort FS. Sir actually, we only give you bonuses based on you balance in fort, we do not give the balance, we just give the bonus. Restored account balance will be available for trading without any restrictions. There is only one reason why I agreed to the transfer – I received no correspondence from FortFS other than this e-mail and there website was locked off and they would not reply to my requests for information.
Again, never trade on NPBFX if you want your profit to be safe. Overall, NPBFX can be summarised as a credible and trustworthy broker and is considered low-risk with competitive trading fees and spreads. NPBFX offers 40+ cross currencies which include metals and oil. FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms. Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts.
By the way, I think their personal area interface could be better. Anyway, it’s still a good and fair broker.Did not have any problems with them. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Taking into account that NPBFX is not regulated, there is a disclaimer at the footer of the website stating regional restrictions include not providing services for Canada and United States residents. Be sure to check if your country allows the use of such services, before signing up.
It’s been months now, and I’m still waiting for my payout. Its’s a terrible service, I stopped using the service as soon as I notice I’m able to make withdrawals from my trades on benarmstrong-trades. Com, but either way, I would not recommend npbfx to anyone. They will take your money but will not fulfill their responsibilities. NPBFX offers a world-class social trading platform with immediate order execution.
The welcome bonus essentially gives new clients $20 or equivalent currency. The withdrawal methods are the same as the deposit methods, and again the costs are the same, other than it should be noted that WIre transfers incur a 100 EUR fee. It is always good to check with your own banking provider to see which fees you are liable for, before making any withdrawal requests with your broker. The trade size definitely seems fair and just in accordance with the minimum deposit requirement and the leverage allowed on each account. Forex broker services can also be provided for institutional clients and large companies such as investment banks.
FRESHCENT (FXprocent) Review
I guess the only way to get my deposit back will be to call my bank and open a chargeback. I’ve reached out to their customer service, I spoke with a Russian agent that does not speak English and very rude. The spread of a currency pair is the difference between the bid and the asking rate. A pip represents the smallest increment that an exchange rate can move.
Since 1996 the company NPBFX is engaged in the provision of professional brokerage services on the Forex market. It should be noted that the organization was called Nefteprombank until 31 December 2015. On the 1st of January, 2016 the company was rebranded and got a new name of NPBFX. NPBFX is a universal brokerage company providing customers with trading on financial markets for more than 25 years.
It should be noted that the NPBFX Forex broker is an ideal choice for carrying out an automated trading according to the specified algorithms. Scalpers and users, preferring using expert advisors in their business, often choose this brokerage company. The Nefteprombank Forex broker attracts the best liquidity providers to ensure quick and high-quality order executions. Thus, all orders are executed in the shortest time and stick closely to the current market prices. The company NPBFX can offer individual conditions and lower spreads for users with large trading volume. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.
Licensed by the IFSC, this broker was one of the first in the industry to offer innovative STP/NDD technology which eradicated conflict of interest. Since 2011, NPBFX has been serving its clients through the MetaTrader 4 trading platform which is connected to a liquidity aggregator which enables clients to make its transactions with Tier 1 banks. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
If you are looking for a classic platform, then you are definitely here. When choosing an intermediary for exchange trading, pay attention to the service life, ratings, licenses, expert assessments. However, the broker is regulated by the SVGFSA and FC which does not provide as strong protection to traders as 1st tier regulatory bodies . Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with NPBFX. The agreement clearly states in black and white that Fort FS will transfer the balances of my trading accounts and open orders to the NPBFX broker.
NBPFX deserved npbfx reviewrs confidence from various regions of the world. You can transfer balances and open orders to NPBFX up to September 30, 2021. NPBFX is a multiple award-winning broker that provides access to Forex, CFDs, ETFs, indices, shares, commodities, cryptocurrencies. NPBFX allows traders to use the MetaTrader 4 trading platform, but unfortunately not MetaTrader 5 at this point. Unfortunately, the NPBFX promotions are not as numerous as we would like them to be.