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NPBFX

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3.5
(6 Reviews)

Founded: 1996 Min Deposit: 10 USD

Headquarters: Saint Vincent and the Grenadines Max Lev: 1 : 1000

Risk Level I

NPBFX is only registered with SVG FSA who does not regulate forex trading. Flagged by NSSMC

Score
Business Scope
4.0
Trading Cost
3.8
Trading Platforms
3.5
Support
3.5
Licence Status

SVG FSA does not regulate forex trading

SVG FSA 24454-IBC-2018
Registered
Contact
+44 8000698470
info@npbfx.com
http://www.npbfx.com
NON-REGULATED
Multilingual Support
No Dealing Desk
High Leverage
No Trading Restrictions
Copy Trading
Promotions
Islamic Account
Trading Signals Provided
Account & Cost Deposit & Withdrawal Company & Service Related Complaints Reviews

Deposit and Withdrawal

3.5

Score

5+ funding options; free for the first withdrawal

Features

No Deposit Fee
Fast Deposit

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Company and Service

6.0

Average

24/5 multilingual customer support

Features

Quick Response
Multilingual Support
Profile
Headquarters Address
Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines
Founded 1996
Broker Type
STP,  NDD
Time Zone GMT
Credit Profile No information
Trading Platforms
MT4
Windows,  iOS,  Android,  Webtrader
Contact
No Data
Others
Website Language
English,  French,  Hindi,  Indonesian,  Malay,  Vietnamese
Customer Service By
Phone,  Live Chat,  CallBack
Supported Language
English

Related Complaints

Q&A

Is NPBFX reliable?

Eros Istvan
Bahamas
2022-08-29
ANSWER NPBFX is not a licensed or regulated broker even though it states offers that look good to be true. NPBFX claims it is a trading name of NMarkets Limited, a company regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVG FSA) with company number 24454 IBC 2018. Regarding the SVG FSA, we'd like to remind traders that SVG FSA does neither issue licenses for forex trading nor regulate international companies and brokers engaging in forex activities.We keep on reminding traders to be wary of offshore brokers in SVG FSA as they don't provide any funds protection as well as withdrawals guarantee. If you are looking for brokers to deal with, we would recommend brokers regulated by top-tier regulators like FCA, CySEC, ASIC, etc.
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Overall Score

3.5
6 Reviews

Cost 3.8

Platforms 3.5

Deposit & Withdrawal 3.5

Customer Support 3.5

Indicates the average level of Brokers

Keywords for selection

6 Reviews Clear filter

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lolatyou
0-6 months Nicaragua
It's my pleasure to leave the first post about broker!) Actually, I came here to make sure that NPBFX is providing top-level brokerage services and people write about this. Anyway, broker is regulated! They have no swaps and offer leverage up to 1:500. They partner with aggregated forex-liquidity providers and I've never seen any issues or delays in price feeding. Execution is fast and it's fair for all currencies including exotic crossings. Moreover, there is compensation fund up to $20K for each customer in case of losses. So you can cover your losses from this fund. But under particular conditions.
2023-10-19
Reply
mani
0-6 months Master Account Saudi Arabia
I haven't received my money yet. More than three months, I claim my money. I got nothing, it’s a fraud.
2023-06-18
Reply
David
0-6 months Master Account Egypt
Very bad broker and Liars.I traded their 20$ bonus and I finished every and all terms... after that,1- I asked for withdraw but no response at all since a week.2-Later on, I asked them to check my email and account number, but they always tole my account still under review.3-after a week, I tried to talk to their live chat.... but they made me wait for 30 minutes without dealing my problems, and 30 minutes later, they just returned to tell me that they already send me an email.
2023-06-07
Reply
stevie
0-6 months Master Account Malaysia
Trading with them for few months only, but I am very satisfied with service they provide. Excellent promotions, fast deposits and withdrawals without commission, and good and tight spreads and fast execution. 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.
2023-06-03
Reply
Greg
0-6 months Master Account South Africa
My experience with this broker has been awesome. They have reasonable spreads, high leverage and fast deposits&withdrawal, as well as no commission. Hedging, scalping, EA, copy trading are all allowed. Thank you NPBFX.
2023-06-02
Reply
Mike N
7-12 months Expert Account Nigeria
They disabled my account because I made profits.If you love yourself, stay away from this scam broker because they only want to see a losing trader.
2022-07-26
Reply
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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.