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Top PointsNPBFX is a top-notch brokerage firm in the Forex market with over two decades of experience, as stated in numerous NPBFX broker reviews. The company, formerly known as Nefteprombank, rebranded to NPBFX on January 1st, 2016. It uses a unique blend of two business models, Market Maker, and Brokerage, to ensure that there are no conflicts of interest between the clients and the broker.

NPBFX has earned its reputation for credibility by licensing from the International Financial Services Commission of Belize, which has the most stringent standards for its members, as noted in many NPBFX reviews. 

Furthermore, the company is a member of The Financial Commission, an organization that promotes transparency and ethical behavior in the financial industry, proving its commitment to upholding high standards.

As highlighted in NPBFX reviews, traders worldwide trust NPBFX for its adherence to international standards of good business in financial services. Its use of STP technology ensures that clients' deals are directly routed to the interbank market, resulting in faster execution times and more favorable pricing.

Supported Countries

With a global reach, NPBFX serves a wide range of countries, including the Russian Federation, Montenegro, Ukraine, Kazakhstan, Belarus, Indonesia, Uzbekistan, South Africa, Singapore, Malaysia, Comoros Union, Saint Vincent and the Grenadines, British Virgin Islands, China, most of the EU, Hong Kong, India, Spain, Thailand, Turkey, United Arab Emirates, and the United Kingdom.

However, it's worth noting that NPBFX doesn't offer its services to residents of Canada and the United States. This is due to trade restrictions and regulations.

Customer Service Rating

When it comes to NPBFX broker review on TrustPilot, the platform has received 7 reviews with an average score of 3.2 out of 5 stars. 

Customers who gave positive reviews mentioned NPBFX's attentive customer support and quick fund withdrawal process, which are crucial factors in choosing a reliable Forex broker. 

However, some negative reviews mentioned difficulties in withdrawing funds and trading issues, which are worth considering before making a decision.

NPBFX Trading Platforms

NPBFX offers its clients the MetaTrader 4 trading platform.

  • MetaTrader 4 MT4: This is one of the most widely used electronic trading platforms in the world, offering advanced functionality for trading, controlling trading accounts, analyzing price charts, and developing trading strategies. With MetaTrader 4 on NPBFX, you can enjoy fully automated instant transactions with STP/NDD technology and no rejections or requotes. You can also lock open positions and trade with expert advisors for automated trading. The platform also features a real-time financial news tape from Dow Jones Newswires. For those looking for social trading options, NPBFX offers two great platforms – ZuluTrade and Myfxbook AutoTrade:
  • ZuluTrade: This leading online and mobile social trading platform enables users to follow and copy trades of successful traders ranked by ZuluRank, a proprietary performance evaluation algorithm. You can fully manage your trades with an array of advanced options, including customizing all trade parameters, choosing lot size, and managing trading times. With thousands of talented traders from 192 countries, you can connect with the ZuluTrade community through the website and mobile applications.
  • Myfxbook AutoTrade: This is one of the most advanced mirror trading platforms available, with a sophisticated and intuitive web interface. It is designed to be the most innovative, feature-rich, and user-friendly platform for mirror trading. AutoTrade provides the best systems, helping you build a successful portfolio. You can enjoy access to signal providers with proven track records, real data with accurate statistics, and automated trade mirroring completely. This platform also incentivizes signal providers only for profitable trades, aligning your interests with theirs.

Type of Trading Accounts on NPBFX

NPBFX offers flexibility in its account types. The Forex Broker provides traders access to three types of trading accounts: VIP, Master, and Expert. Each account type offers its unique features and benefits, so traders can choose the one that suits their needs the most:

  • Master Account: This account type is available on MetaTrader 4, MetaTrader 4 for iPhone/iPad, and NPBFX Trader. The spread for the EURUSD pair starts at just 0.8 pips, and the account allows for trading in 38 currency pairs, gold, silver, oil, and natural gas. There are no commission fees; the minimum deposit is just 10 USD, 10 EUR, or 500 RUB. With leverage of up to 1:1000 and the ability to trade using automated advisors (Expert Advisors), scalping, and high-frequency trading, the Master account is a great option for those who want to get started with forex trading.
  • Expert Account: This may be a better fit for more experienced traders. It also allows trading with a slightly lower spread starting at 0.6 pips. The minimum deposit is higher at 5,000 USD, 5,000 EUR, or 300,000 RUB. Still, this account also offers leverage of up to 1:200 and the same ability to trade using automated advisors, scalping, and high-frequency trading.
  • VIP account: This account is designed for the most advanced traders. It comes with a spread starting at just 0.4 pips and offers the same trading instruments as the other two accounts. The minimum deposit for this account is higher at 50,000 USD, 50,000 EUR, or 3,000,000 RUB, but it also comes with a leverage of up to 1:200.

Trading Denominations on NPBFX 

NPBFX makes trading convenient for its clients by offering various trading denominations. Traders can select their preferred denomination among the United States Dollar (USD), Euro (EUR), and Russian Ruble (RUB) based on their needs and preferences. 


NPBFX is owned by NMarkets Limited, a company incorporated on the Island of Moheli, Comoros Union. The laws of that country fully regulate the platform, and it operates under the registered license number T2022137. 

The company also has a partner company called NMarkets Limited, which is based in Saint Vincent and the Grenadines and is also fully regulated by the Financial Services Authority with company number 24454 IBC 2018.

To provide payment processing services, NM Financial Solutions Limited was established as a partner company that processes payments only from credit and debit cards. NPBFX is also a member of The Financial Commission, an international organization that resolves disputes in the international financial services sector.

With advanced server technologies and direct connectivity to the world's largest liquidity providers, NPBFX can offer high-performance results and provide high-speed and minimum-delay connections for customers' transactions. The company was awarded the winner in the nomination “Best STP Broker 2019” at the International Association of Forex Traders (IAFT).

NPBFX Licenses and Regulatory Compliance

NPBFX strives to provide a secure and regulated trading environment. In addition to being a member of The Financial Commission, NPBFX is regulated by two prominent regulatory bodies: the International Financial Services Commission (IFSC) in Belize and the Financial Services Authority in Saint Vincent and the Grenadines (SVGFSA). This ensures that NPBFX operates under strict guidelines and adheres to high standards of professionalism and transparency.

  • IFSC (Belize) license №IFSC/60/342/TS/15
  • SVGFSA with company number 24454 IBC 2018.

NPBFX Customer Protection

NPBFX is not only dedicated to providing top-notch trading services but it is also committed to protecting the interests of its clients.

NPBFX achieves this by being a permanent member of the Financial Commission. Furthermore, NPBFX provides insurance coverage of up to 20,000 euros through the Financial Commission, giving clients added peace of mind.

In addition, the broker offers segregated accounts, meaning client funds are kept separate from the broker's funds. This adds an extra layer of security to the trading process and helps to prevent any potential conflicts of interest. 

It's also worth noting that the broker's reputation is supported by the reputation of the bank, which further adds to its credibility and trustworthiness.


Whether you're a novice or an experienced trader, NPBFX offers trading conditions that are optimally suited to your needs. For those just starting, you can open an account with a minimum deposit of only $10. NPBFX doesn't charge commissions on trades, offering an extremely profitable trading environment with its tight spreads.

Also, all NPBFX accounts have a narrow floating spread, starting at just 0.8 pips on the Master account, 0.6 on the Expert account, and 0.4 on the VIP account. Plus, traders can use scalping, hedging, and position locking on all types of accounts.

Muslim traders can also take advantage of a Swap Free account. And for those who prefer social trading, NPBFX clients can connect to the popular ZuluTrade platform and copy trades at an average speed of 200-500 ms.

Tradable Instruments

At NPBFX, traders can access a wide range of tradable assets catering to different trading styles and preferences. Here are some of the assets you can trade with NPBFX:

  • Forex
  • Metals
  • Energies
  • Indices
  • Shares
  • ETFS
  • Cryptocurrency

NPBFX Leverage

NPBFX offers a variable leverage option that ranges from 1:1000, 1:200, and 1:200, depending on the instrument being traded and on what account. For instance, the VIP account comes with specific leverage options on certain instruments such as Forex (1:200), Gold & Silver (1:100), and Crypto (1:2). The maximum leverage offered is 1:1000.

Deposits and Withdrawals

NPBFX broker offers instant deposit and withdrawal of funds upon request, with no limits on the number of requests you can make. Plus, with a minimum deposit requirement of just 10 USD, trading with NPBFX is accessible to traders of all levels.

To make your life easier, NPBFX offers a wide range of payment methods for both deposits and withdrawals. You can choose from trusted options like Visa and MasterCard or opt for e-wallets like Neteller and Skrill. 

The broker also supports popular payment systems such as FasaPay, Yandex, Qiwi, and WebMoney, ensuring that you can easily fund your account or withdraw your profits in a way that suits you best.


Deposit MethodDeposit CurrencyTransaction Fee
MasterCardUSD, EUR, RUB0%
WebMoneyUSD, EUR9%
QIWI Wallet    RUB    0%
Bank transfer (SWIFT)    USD, EUR    Commission of the bank
Bank transfer (SEPA)EURCommission of the bank
Local TransferLocal currency     0%
Local Bank Transfer for SEA Local currencyAdditional bank charges may apply depending on your bank


Withdrawal OptionWithdrawal CurrencyTransaction Fee
Visa    USD, EUR, RUB    0%
MasterCardUSD, EUR, RUB0%
WebMoneyUSD, EUR    9%
    QIWI Wallet        RUB0%
Bank transfer (SWIFT)    USD, EUR    3%
Bank transfer (SEPA)EUR10 EUR
Local Transfer Local Currency0%
Local Bank Transfer for SEALocal Currency0%

NPBFX Trading Education and Training

NPBFX provides you with trading avenues. Its demo account gives technical educational resources and offers a risk-free way to try your hand at forex trading and gain valuable experience. With a demo account, you can learn how to use the trading platform, gain experience making deals, and test trading strategies using real market prices.

Additionally, NPBFX provides access to its analytical portal containing descriptions and analyses of over 60 trading strategies for nine different timeframes. This ranges from scalping to long-term investment periods. These trading strategies are based on signals from 23 different technical indicators, covering all global trading sessions.


Is NPBFX a Scam?

NPBFX is a legitimate forex broker that is regulated by two reputable financial authorities: IFSC in Belize and SVGFSA in St. Vincent and the Grenadines. Furthermore, NPBFX takes customer protection very seriously. 

The broker offers segregated accounts, which ensures that clients' funds are kept separate from the company's operating funds. All these measures and many more point to the fact that NPBFX isn't a scam but a legitimate brokerage firm.

How do I open an NPBFX trading account?

Opening an NPBFX trading account is a quick and easy process. To get started, visit the NPBFX website and click on the “Open Account” button. Once you do that, you will be redirected to a page where you need to fill out a short registration form.

The registration form will ask for basic personal information, such as your name, email address, and phone number. You will also need to select the account type you prefer, depending on your trading expertise level and investment goals.

After completing the form, you must verify your email address and phone number. Once your account is verified, you can fund your trading account and start trading on the NPBFX platform.


NPBFX is an excellent choice for investing in the forex market. In this NPBFX broker review, we have learned that the brokerage firm offers a wide range of trading instruments, including Forex, Metals, Energies, Indices, Shares, ETFs, and Cryptocurrencies, making it a one-stop-shop for traders.

Opening a trading account with NPBFX is easy, with clients needing to provide their details, choose an account type, make a deposit, and start trading. The broker provides clients with a robust trading platform, competitive spreads, and leverages ranging from 1:2 to 1:1000. This makes the process hassle-free and user-friendly.

Overall, NPBFX is a reliable and trustworthy forex broker that provides a suitable trading environment for novice and experienced traders. Its reputation, competitive trading conditions, and comprehensive educational resources make it an excellent choice for anyone looking to invest in the forex market.

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