NPBFX Broker Review: Banking Heritage & STP Speed
🏦 NPBFX (NEFTEPROMBANKFX) has been providing brokerage services since 1996. Known for its flawless STP/NDD Execution and banking heritage, it allows all trading strategies (HFT, Scalping, News). Member of The Financial Commission with a compensation fund of up to €20,000 per client.
Min Deposit
$10
Withdrawal Fee
$0
Deposit Fee
$0
Countries
Broker Overview
🏆 Why NPBFX is "The Banking Forex"?
Originally established in 1996 as the FX trading division of Nefteprombank, NPBFX became an independent broker in 2016. It retains its banking standards of reliability while offering modern retail flexibility.
🛡️ €20,000 Insurance Fund
NPBFX is a Category A member of The Financial Commission. This provides clients with an external dispute resolution process and protects funds up to €20,000 per claim via the Compensation Fund.
⚡ Pure NDD Execution
Using Equinix NY4 servers, NPBFX routes all orders directly to liquidity providers (Tier 1 Banks). There is no conflict of interest, making it a haven for scalpers and algorithmic traders (EAs).
🌍 Trading Freedom
✅ All Strategies Allowed - Scalping, HFT, Hedging, News Trading.
✅ 1:1000 Leverage - Available on Master accounts.
✅ 0% Commission - On all standard account types.
Pros & Cons
Pros
- Operating since 1996 (30 Years)
- Financial Commission Member (€20k Insurance)
- STP/NDD Execution (No Conflict)
- Leverage up to 1:1000
- Minimum Deposit $10
- All Strategies Allowed (Scalping/News)
- 0% Commission on Trading
- Supports MT4 and ZuluTrade
- Social Trading (NPBFX CopyTrade)
- Crypto Trading 24/7
- Welcome Bonus (Select Regions)
- Free Analysis Portal
- Fast Verification
- Loyalty Program
Cons
- Offshore Regulation only
- MT5 not widely emphasized (mainly MT4)
- High deposit for Expert/VIP accounts
- Spreads are not raw (0.0) but competitive
- Limited number of stock CFDs
General Information
Max Leverage
Spreads From
Execution Models
Deposit Currencies
Support Languages
Auto Trading
Contact Information
Account Types Overview
Accounts for Every Trader
NPBFX offers three main account types, all Commission-Free:
🟢 Master Account (Standard)
Best for: Beginners & General Trading.
Min Deposit: $10.
Cost: Spreads from 0.8 pips. $0 Commission.
🔵 Expert Account (Pro)
Best for: Experienced Traders.
Min Deposit: $5,000.
Cost: Spreads from 0.6 pips. $0 Commission.
🔴 VIP Account (Elite)
Best for: High Volume.
Min Deposit: $50,000.
Cost: Spreads from 0.4 pips. $0 Commission.
Payment Methods
Deposit Methods
Withdrawal Methods
Regulation Information
Fees & Spreads
NPBFX operates a Commission-Free model (markups included in spread):
- Master Account: $0 Commission. Spreads from 0.8 pips (Average 1.2).
- Expert Account: $0 Commission. Spreads from 0.6 pips (Average 1.0).
- VIP Account: $0 Commission. Spreads from 0.4 pips (Average 0.8).
- Deposit/Withdrawal: 0% fees on first withdrawal of the month.
Trading Platforms
Frequently Asked Questions
Is NPBFX a reliable broker?
Yes, NPBFX has been operating since 1996 (originally as a bank division) and is a member of The Financial Commission, ensuring a high level of trust and fund protection.
What is the minimum deposit?
The minimum deposit for the Master account is only $10. For Expert and VIP accounts, higher minimums apply ($5,000 and $50,000 respectively).
Does NPBFX allow scalping?
Yes, NPBFX imposes no restrictions on trading strategies. Scalping, high-frequency trading (HFT), and algorithmic trading are fully welcomed.
What is the compensation fund?
As a member of The Financial Commission, NPBFX clients are covered by a Compensation Fund that can pay up to €20,000 per judgment if the broker fails to comply.
Start Trading
Important Notice
Trading involves risk. NPBFX does not accept clients from the USA or Canada.
Quick Facts
- Trading Platforms
- MetaTrader 4MetaTrader 4 MobileNPBFX Trader+1
- Execution Model
- NDD (No Dealing Desk)STP (Straight Through Processing)
- Deposit Currency
- USDEURRUB
- Support Languages
- EnglishRussianFrench+7
