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NPBFX Broker Review

Author Author:  Jeffrey Cammack Published: Jun 10, 2020
Editor Editor:  Chris Cammack Updated: Jun 10, 2020

Last Updated On Jun 10, 2020

Jeffrey Cammack
Broker Score
3.28 3.28 / 5
🏦  Min. DepositUSD 10
🛡️  Regulated By
💵  Trading Cost 
USD 4
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 
AlertMost retail CFD accounts lose money. Your capital is at risk.

Last Updated On Jun 10, 2020

Jeffrey Cammack

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. Please read our advertising disclosure. By using this website, you agree to our Terms of Service.


Forex trading in India is illegal for non-professional traders, and the Securities Board of India (SEBI) tightly regulates professional Forex trading due to concerns over capital flight. Most Indian Forex traders use foreign “offshore” Forex brokers and fund their trading via online payment providers. For more information, click here.

Our verdict on NPBFX

🏦  Min. DepositUSD 10
🛡️  Regulated By
💵  Trading Cost 
USD 4
⚖️  Max. Leverage1000:1
💹  Copy Trading
🖥️  Platforms
💱  Instruments 

Overall Summary

Trust Rating
100001/ 5
Trading Conditions
11110.54.5/ 5
Trading Platforms
111104/ 5
Deposit & Withdrawal
111115/ 5
Education & Research
110002/ 5
Assets Available
111104/ 5
Customer Service
111003/ 5
Beginner Friendly
Standard
Welcome Bonus

Account Information

Base Currencies
USD, EUR, RUB
Number of FX Pairs
38
Crypto Pairs
6
Copy Trading
Hedging Allowed
Scalping Allowed
Islamic Account

Trading Conditions

Account Name
Trading Desk
Commission
Fees Included in Spread
EUR/USD
0.40 pips
GBP/USD
0.40 pips
USD/JPY
0.40 pips
Negative Balance Protection

Company Details

Company Name
NMarkets Limited
Founded
1996
Website Language
English
Support Language
English
Office Locations
Saint Vincent, Russia

Pros

  • Low minimum deposit
  • Tight spreads
  • Fast and free withdrawals
  • Copy trading accounts

Cons

  • MT4 only
  • Limited demo account
  • Extreme leverage
AlertMost retail CFD accounts lose money. Your capital is at risk.
Find An Approved Broker
Broker Score
3.28 3.28  / 5
Site Icon Data provided by FxScouts

NPBFX Financial Regulation

Regulator License
Regulator License

NPBFX Trading Cost Comparison

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