NPBFX

History of NPBFX

Broker NPBFX started its operations in 1996, previously being a part of a bank in Russia called Nefteprombank. It specializes in providing services to independent traders and private clients. In 2016, a rebranding took place, making the broker’s platform more user-friendly with the addition of new features. The company is also a member of the Financial Commission to resolve potential disputes between the broker and traders.

Contact Information of NPBFX

Despite the previous connection with a Russian bank, the broker’s website is not available in Russian. An international number is provided for support inquiries. However, there is also an option to contact a specialist through online chat or email.

Domains of NPBFX

List of websites owned by the broker: [domain data]. (List is updated with the appearance of new domains).

Trading Conditions of NPBFX

NPBFX deals with various trading instruments such as stocks, indices, currencies, metals, and commodities. Clients are offered 3 tariff plans:

  • Master – minimum deposit of $10, leverage 1:1000.
  • Expert – starting deposit of $5,000, leverage 1:200.
  • VIP – minimum deposit amount of $50,000, leverage 1:200.

Regardless of the chosen tariff plan, traders can use MetaTrader4 and NPBFX Trader (broker’s platform). A special Swap Free account is available for users who do not wish to deal with swaps for religious reasons. Beginners are provided with a demo account for practicing strategies and evaluating the platform, as well as the option for auto trading.

Account Funding and Withdrawal in NPBFX

Balance can be replenished via Visa/MasterCard/Maestro bank cards, bank or electronic transfer, as well as Russian Post. A 2% commission is charged for transfers through Russian Post. Withdrawals are made using the same method as deposits. A request to change the withdrawal method can be sent to customer support. There is no commission for the first withdrawal, then it is 2.5% + 3-7 euros per transaction.

Main Points

Broker NPBFX is a member of the Financial Commission but does not have permission from the Central Bank of Russia and cannot operate in the territory of the Russian Federation. The website offers an opportunity for traders to earn by referring clients. Additionally, educational materials such as videos, seminars, and webinars are provided. It is recommended to carefully review the documents on the website, especially the user agreement, privacy policy, and others. It is also advisable to consult a financial expert before starting cooperation to assess all aspects.