Compare AMarkets vs NPBFX
What is AMarkets? What is NPBFX ?
AMarkets is an online forex broker that offers trading in leading financial instruments, such as forex, CFDs, ETFs, indices, shares, commodities and cryptocurrencies. AMarkets is a member of The Financial Commission, an independent mediator that ensures the transparency and integrity of the broker and provides a compensation fund for up to €20,000 per trade claim.
NPBFX is a global broker that specialises in forex and commodities trading. The broker uses STP/NDD technology for ultra-fast executions, ensuring fair market prices from the best liquidity providers. NPBFX also offers copy trading via the ZuluTrade solution with a long list of signal providers to follow. NPBFX is regulated by the international Financial Commission.
AMarkets vs NPBFX Regulation Comparison
Both AMarkets and NPBFX are regulated by the international Financial Commission, which is an external dispute resolution (EDR) body that provides protection and security to traders. However, neither broker is regulated by highly reputable agencies like the CySEC or the FCA. The Financial Commission offers a compensation fund of up to €20,000 per claim for both brokers in case of disputes.
AMarkets vs NPBFX Trading Assets Comparison
AMarkets and NPBFX offer a similar range of trading assets, including forex, CFDs, ETFs, indices, shares, commodities and cryptocurrencies. However, AMarkets has a slightly larger number of forex pairs (38 vs 33) and shares (50 vs 40) than NPBFX. Both brokers offer 5 cryptocurrencies and 11 indices.
| Broker | Forex Pairs | Shares | Indices | Cryptos |
|---|---|---|---|---|
| AMarkets | 38 | 50 | 11 | 5 |
| NPBFX | 33 | 40 | 11 | 5 |
AMarkets vs NPBFX Trading Fees Comparison
Neither AMarkets nor NPBFX charge trading commissions. Instead, they make their money through the spread, which is the difference between the bid and ask prices of an asset. The spread varies depending on the market conditions, the asset type and the account type. Both brokers offer three types of accounts: Standard, ECN and Pro.
The Standard account has no minimum deposit requirement and offers floating spreads from 1.3 pips for forex pairs. The ECN account requires a minimum deposit of $200 for AMarkets and $10 for NPBFX and offers floating spreads from 0 pips for forex pairs. The Pro account requires a minimum deposit of $25,000 for AMarkets and $5,000 for NPBFX and offers floating spreads from -0.3 pips for forex pairs.
| Broker | Account Type | Minimum Deposit | Spread (Forex) |
|---|---|---|---|
| AMarkets | Standard | No minimum | From 1.3 pips |
| AMarkets | ECN | $200 | From 0 pips |
| AMarkets | Pro | $25,000 | From -0.3 pips |
| NPBFX | Standard | No minimum | From 1.4 pips |
| NPBFX | ECN | $10 | From 0 pips |
| NPBFX | Pro | $5,000 | From -0.3 pips |
AMarkets vs NPBFX Account Types Comparison
Both brokers offer three types of accounts: Standard, ECN and Pro. The main differences between them are the minimum deposit requirement, the spread level and the leverage ratio. The Standard account is suitable for beginners who want to trade with low risk and no commission. The ECN account is suitable for experienced traders who want to trade with tight spreads and fast execution. The Pro account is suitable for professional traders who want to trade with negative spreads and high leverage.
The leverage ratio is the amount of borrowed funds that a trader can use to increase their exposure to an asset. The higher the leverage, the higher the potential profit or loss. Both brokers offer a maximum leverage of 1:1000 for the Standard and ECN accounts and 1:200 for the Pro account. However, the leverage may vary depending on the asset type and the market conditions.
| Broker | Account Type | Leverage (Forex) |
|---|---|---|
| AMarkets | Standard | Up to 1:1000 |
| AMarkets | ECN | Up to 1:1000 |
| AMarkets | Pro | Up to 1:200 |
| NPBFX | Standard | Up to 1:1000 |
| NPBFX | ECN | Up to 1:1000 |
| NPBFX | Pro | Up to 1:200 |
AMarkets vs NPBFX Deposit Options Comparison
Both brokers offer a variety of deposit and withdrawal options, including wire transfer, credit card, Neteller, Skrill, WebMoney, Perfect Money, FasaPay and Bitcoin. However, AMarkets also accepts Qiwi Wallet, Yandex Money and UnionPay, while NPBFX also accepts Visa, Mastercard and Maestro. Both brokers do not charge any fees for deposits or withdrawals, except for wire transfers, which may incur bank fees.
The processing time for deposits and withdrawals depends on the payment method and the verification status of the client. Generally, electronic payments are processed within a few minutes or hours, while wire transfers may take up to 5 business days. Both brokers require clients to verify their identity and address before making any withdrawals.
| Broker | Payment Options |
|---|---|
| AMarkets | Wire Transfer, Credit Card, Neteller, Skrill, WebMoney, Perfect Money, FasaPay, Bitcoin, Qiwi Wallet, Yandex Money, UnionPay |
| NPBFX | Wire Transfer, Credit Card, Neteller, Skrill, WebMoney, Perfect Money, FasaPay, Bitcoin, Visa, Mastercard, Maestro |
AMarkets vs NPBFX Trading Platforms Comparison
Both brokers use MetaTrader 4 (MT4) as their main trading platform. MT4 is a popular and user-friendly platform that offers a range of features and tools for traders of all levels. MT4 supports multiple order types, charting tools, indicators, expert advisors (EAs), automated trading and market news. MT4 also uses the STP/NDD technology of both brokers to ensure fast and fair execution.
MT4 can be downloaded to desktop and mobile devices (Windows, Mac OS X, Android and iOS). It can also be accessed via a web browser without any installation. Both brokers provide free demo accounts for clients to practice trading with virtual funds on MT4.
AMarkets vs NPBFX Analytical Tools Comparison
Both brokers offer some analytical tools to help clients make informed trading decisions. AMarkets provides daily market reviews, economic calendar, trading signals from Autochartist and Trading Central, webinars and educational materials on its website. NPBFX provides daily market analysis, economic calendar, trading signals from ZuluTrade and Trading Central, webinars and educational materials on its website.
However, NPBFX has an edge over AMarkets in terms of social trading. NPBFX offers copy trading via the ZuluTrade solution, which allows clients to follow and copy the trades of successful signal providers from around the world. AMarkets does not offer any social trading service at the moment.
AMarkets vs NPBFX . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, risk appetite and budget. Both AMarkets have pros and cons. you need to weigh the pros and cons of both brokers and decide which one meets your needs better. You may also want to read some online reviews from other traders who have used both brokers before making your final decision.
