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.
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.
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!
Broker Complaint Registry’s mission is to assist victims of online scams. Leads may be provided to third-party vendors that offer compensation in return. Traders can use these tools and resources to help manage their risk, and also get access to educational material and other resources.
- They are too sneaky and underhanded for a novice client like me.
- I strongly advise all traders to stay away from NPBFX, on first sight it looks like trust worthy broker, but it is not.
- 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.
- This is expensive and a real drawback, especially for traders looking for low-cost providers.
- Cost depends on different factors, like spread and margins, and NPBFX clients may also experience different fee structures according to their country or place of residence.
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.
Sign-up offers and ongoing promos are also extended to mobile traders. Working with this broker is actually worth it, and I haven’t had any problems with that. I haven’t managed to find any disadvantages, even though I’ve been with this broker for almost a year. Analytical material there is great, and minimum deposit is low enough for novice traders to enter the forex market. So if you hesitate about choosing this broker, I highly recommend you give it a try, you won’t be disappointed.
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.
How to get in forex trading?
NBPFX deserved traders 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.
- NPBFX offers the well known MetaTrader 4 platform and they also offer their own NPBFX Trader Platform.
- 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.
- A Forex broker like NPBFX provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies.
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.
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.
How to use forex card?
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.
Licensed by the IFSC, this https://forexhero.info/ 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.
NPBFX Demo Account
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.
Visit NPBFX offers trading in leading financial instruments as well as copy trading. The NPBFX website offers extensive support features via the analytics portal. Tools include one-to-one analyst support, a review of strategies, weekly webinar videos, calculators and historical data. Despite taking my money, they never paid out or even bothered to reply to my queries. I tried to contact them multiple times, but I was always met with silence.
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.
NPBFX Trading platforms
Your profit will be just a NUMBER in your account, never be REAL MONEY even you deposit with real money. I highlight in yellow the key sentence which states that the balance I have at FortFS will be transferred to your firm. This is very clear and its is a balance that I can with draw from your firm at any time whilst it is not being used as a margin in trading. That does not sound right I understood that the balance of my funds in Fort FS was to be transferred to your company. I set out below my correspondence with the NPBFX broker – and the some correspondence from Fort Financial Services a broker that closed down. I have not traded with NPBFX – but you will see by the correspondence either Fort FS or NPBFX are not telling me the truth – still don’t know what the answer is – still can’t locate my funds.
The broker does not please its users with a vast number of welcome and other bonuses. However, traders are offered a possibility to take an absolutely free interactive training course teaching to carry out a productive trading on the Forex market. Get more information about the NPBFX news and events on the pages of the TopBrokers.com portal. In addition, we suggest examining the NPBFX review and reading the traders’ testimonials about this broker’s service quality.You can see NPBFX webinars. NPBFX has a customer-focused service model, fast and high-quality transaction processing, a compensation fund, a high-quality analytical portal, and offers the best trading platforms on the market. FXOpen – FXOpen is a highly regulated FX and CFD broker offering multiple trading platforms and spreads from 0.0 pips.
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.
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.
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.
It’s been months now, and I’m still waiting for my payout. Its’s a terrible npbfx review, 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.
If that did not happen then your need to discuss it with Fort FS – reverse what ever bonus you have put in my account and get the funds from Fort FS. As I said from the start I am not interested in any bonuses only in my trading balance. Please advise why the NPBFX broker states that you have not transferred my funds. Alternatively as you still have them you need to return them to me. I will give both of you one last opportunity to explain where my funds are. If they have not been transferred to the NPBFX broker then you need to return them to me.
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.
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.
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.