Overview
NPBFX (National Prime Brokerage Forex) was established in 1996 as a premier forex broker, providing professional trading services to clients across the globe. With over two decades of experience in the forex industry, NPBFX has built a strong reputation for its liquidity solutions, offering competitive spreads, and providing institutional-grade trading infrastructure. The company is headquartered in Russia and holds a license under the regulation of the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.
- Founded
- 1996
Strengths and watchouts
- Tight spreads from 0.4 pips
- Up to 1:1000 leverage
- 24/5 customer support
- Low minimum deposit for Master account
- No tier-1 regulation
- High minimum deposit for Expert and VIP accounts
- Limited choice of trading platforms
Watchouts are not yet documented for this broker. Review fees, regulation and account terms before opening an account.
Safety and regulation
NPBFX operates under the regulation of the Financial Services Authority (FSA) of Saint Vincent and the Grenadines. While this is not one of the stricter European regulations, the broker is committed to maintaining a secure trading environment for all clients. NPBFX segregates client funds into separate accounts to protect client deposits. However, the company does not offer additional insurance on client funds, so traders should carefully consider the risks associated with trading on the platform.
- Not regulated by tier-1 authorities
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- ETFs
- Stocks
- Indices
- Metals
- Energy
- Cryptocurrency
- CFDs
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Master | Not verified | 0.8 | 1:1 to 1:1000 |
| Expert | Not verified | 0.6 | 1:1 to 1:200 |
| VIP | Not verified | 0.8 | 1:1 to 1:200 |
Fees and costs
NPBFX offers competitive spreads, starting at 0.1 pips for major currency pairs. The Raw Spread Account offers even tighter spreads, but a small commission is charged per trade, depending on the asset being traded. Swap rates are applied for positions held overnight, and these rates can vary based on the instrument being traded. Islamic accounts are free of swap charges to comply with Sharia law. NPBFX charges an inactivity fee for accounts that remain dormant for an extended period. This fee is generally applied after six months of inactivity.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Focused research pages
- RegulationNPBFX regulation and safety checks
- Account openingNPBFX minimum deposit and account-opening checks
- Minimum depositNPBFX minimum deposit and funding threshold checks
- Company backgroundNPBFX company background and entity checks
- RatingNPBFX rating context and methodology checks
- SafetyNPBFX safety, funds protection and entity checks
- Pros and consNPBFX pros, cons and trade-off checks
- FeesNPBFX fees, minimum deposit and cost checks
- MarketsNPBFX markets and product availability checks
- Public reputationNPBFX public reviews and reputation checks
Frequently asked questions
Is the broker regulated?
Yes, NPBFX is regulated by the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.
What trading platforms are available?
NPBFX offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader, and mobile apps for iOS and Android.
What is the minimum deposit required to open an account?
The minimum deposit required to open a Standard Account with NPBFX is $100.
What types of accounts does the broker offer?
NPBFX offers Standard, Raw Spread, and Islamic accounts to suit the needs of different types of traders.
What fees and commissions are charged?
NPBFX offers competitive spreads, starting from 0.1 pips. Raw Spread Accounts may incur a small commission per trade.
What is the maximum leverage available?
NPBFX offers a maximum leverage of 1:500 on most trading instruments.
Are demo accounts available?
Yes, NPBFX offers demo accounts where traders can practice without risking real money.
How can I contact customer support?
NPBFX offers 24/5 customer support through live chat, email, and phone. Their team is ready to assist with any queries or issues.
Related comparisons
- Compare with FXCLFXCL vs NPBFXFXCL and NPBFX are a high-caution comparison because both current InvestorTrip rows carry offshore-only editorial notices. This page is designed to keep those notices in the decision path rather than burying them behind rating or deposit fields.
- Compare with MTradingNPBFX vs MTradingNPBFX and MTrading are useful to compare because both appear in legacy broker-review demand, while NPBFX carries a high-attention offshore-only editorial notice in InvestorTrip's data. This page keeps that notice visible instead of flattening the comparison into a simple score.