About its history and mission
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
- Headquarters
- Address
- Website
Strengths and Weaknesses
Strengths
- 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
Weaknesses
Safety and Regulations
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.
Regulators
- The Financial Commission
Instruments Available
Types of Accounts
Master
- Minimum deposit
- $0
- Commission
- 0.8
- Available tools
- 0
- Leverage
- 1:1 to 1:1000
- Margin call level
- Stop-out level
- 30
Expert
- Minimum deposit
- $0
- Commission
- 0.6
- Available tools
- 0
- Leverage
- 1:1 to 1:200
- Margin call level
- Stop-out level
- 30
VIP
- Minimum deposit
- $0
- Commission
- 0.8
- Available tools
- 0
- Leverage
- 1:1 to 1:200
- Margin call level
- Stop-out level
- 30
Fees and Charges
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.
Trading Platforms
Customer Support
Contact information not available. Visit the broker’s website for support options.
Deposits and Withdrawals
Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.
FAQ
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