Compare Deriv vs NPBFX
What is Deriv? What is NPBFX?
Deriv is an online trading platform that offers forex, commodities, synthetic indices, stocks, and stock indices. NPBFX is a forex broker that provides access to the interbank market and ECN trading.
Deriv vs NPBFX Overall Comparison
Deriv and NPBFX are both regulated brokers that offer a variety of trading instruments and platforms. However, Deriv has more markets and trade types than NPBFX, as well as innovative assets such as synthetic indices. NPBFX has more account types and payment methods than Deriv, as well as lower spreads and commissions on some instruments.
Deriv vs NPBFX Regulation Comparison
Deriv is regulated by the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (VFSC), the British Virgin Islands Financial Services Commission (FSC), and the Labuan Financial Services Authority (LFSA). NPBFX is regulated by the International Financial Services Commission of Belize (IFSC).
Deriv vs NPBFX Trading Assets Comparison
Deriv offers over 100 trading instruments across five asset classes: forex, stocks & indices, cryptocurrencies, commodities, and derived indices. NPBFX offers over 40 trading instruments across four asset classes: forex, metals, oil, and indices.
Deriv vs NPBFX Trading Fees Comparison
Deriv does not charge any deposit or withdrawal fees, but it may charge a currency conversion fee for some payment methods. NPBFX does not charge any deposit or withdrawal fees either, but it may charge a commission fee for some account types and instruments. Deriv and NPBFX both have variable spreads that depend on market conditions and instrument types. Deriv’s spreads start from 0.9 pips for forex and 0.03 points for synthetic indices. NPBFX’s spreads start from 0.4 pips for forex and 0.5 points for indices.
Deriv vs NPBFX Account Types Comparison
Deriv offers three account types: Standard, Advanced, and Synthetic Indices. Standard and Advanced accounts are suitable for forex and CFD trading, while Synthetic Indices account is exclusive for synthetic indices trading. NPBFX offers four account types: Master, Expert, VIP, and STP. Master and Expert accounts are suitable for beginners and intermediate traders, while VIP and STP accounts are suitable for professional and institutional traders.
Deriv vs NPBFX Trading Conditions Comparison
Deriv has a minimum deposit requirement of $5 for Standard and Synthetic Indices accounts, and $100 for Advanced account. NPBFX has a minimum deposit requirement of $10 for Master account, $100 for Expert account, $5000 for VIP account, and $1000 for STP account. Deriv has a maximum leverage of 1:1000 for forex and 1:500 for synthetic indices. NPBFX has a maximum leverage of 1:1000 for forex and 1:200 for metals, oil, and indices. Deriv allows scalping, hedging, expert advisors (EAs), and social trading. NPBFX allows scalping, hedging, EAs, social trading, and news trading.
Deriv vs NPBFX Deposit Options Comparison
Deriv supports various payment methods such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, FasaPay), cryptocurrencies (Bitcoin, Ethereum), and local payment solutions (PayTrust88). NPBFX supports fewer payment methods such as bank wire transfer, credit/debit cards (Visa/MasterCard), e-wallets (Skrill/Neteller/WebMoney/Perfect Money), cryptocurrencies (Bitcoin), local bank transfers (Indonesia/Malaysia/Thailand/Vietnam).
Deriv vs NPBFX Trading Platforms Comparison
Deriv offers four trading platforms: DTrader (web-based platform), DBot (automated trading platform), DMT5 (MetaTrader 5 platform), and SmartTrader (binary options platform). NPBFX offers two trading platforms: MetaTrader 4 and MetaTrader 5.
Deriv vs NPBFX Analytical Tools Comparison
Deriv provides some analytical tools for its users, such as economic calendar, market news feed, volatility indices widget, sentiment widget, and trading signals. NPBFX provides more analytical tools for its users, such as economic calendar, market news feed, technical analysis, fundamental analysis, trading signals, trading ideas, and market sentiment.
Deriv vs NPBFX Educational Resources Comparison
Deriv provides some educational resources for its users, such as video tutorials, glossary, FAQs, and blog posts. NPBFX provides more educational resources for its users, such as video tutorials, webinars, seminars, e-books, articles, glossary, FAQs, and blog posts.
Which offers better pricing – Deriv or NPBFX
Pricing is a complex factor that depends on various aspects such as instrument type, account type, market condition, and trading volume. However, based on the average spreads and commissions data that I found, Deriv seems to offer better pricing than NPBFX for most instruments, especially synthetic indices and cryptocurrencies. NPBFX may offer better pricing than Deriv for some forex pairs and indices, depending on the account type and trading volume.
Which broker offers more security when trading Forex and CFDs?
Security is an important aspect when choosing a broker, as it reflects the trustworthiness and reliability of the broker. One way to measure security is by looking at the regulation status of the broker. Deriv is regulated by four reputable authorities: the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (VFSC), the British Virgin Islands Financial Services Commission (FSC), and the Labuan Financial Services Authority (LFSA). NPBFX is regulated by one authority: the International Financial Services Commission of Belize (IFSC). Based on this, Deriv seems to offer more security than NPBFX when trading forex and CFDs.
Which broker offers the superior trading platform?
Trading platform is a subjective matter that depends on the preference and style of each trader. However, based on the features and functionality of the platforms that I found, Deriv seems to offer a superior trading platform than NPBFX. Deriv offers four trading platforms: DTrader (web-based platform), DBot (automated trading platform), DMT5 (MetaTrader 5 platform), and SmartTrader (binary options platform). NPBFX offers two trading platforms: MetaTrader 4 and MetaTrader 5. Deriv’s platforms are more diverse and innovative than NPBFX’s platforms, as they cater to different types of traders and markets.
Do these brokers both offer MetaTrader?
Yes, both brokers offer MetaTrader as one of their trading platforms. Deriv offers MetaTrader 5 (MT5), while NPBFX offers both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) . MetaTrader is a popular and widely used platform that offers advanced tools and features for forex and CFD trading.
How many Forex pairs can you expect from these brokers?
Forex pairs are one of the most traded instruments in the market, as they offer high liquidity and volatility. The number of forex pairs that a broker offers can indicate the diversity and quality of its product offering. Based on the information that I found, Deriv offers over 50 forex pairs, while NPBFX offers over 40 forex pairs . Both brokers offer a decent number of forex pairs, but Deriv has a slight edge over NPBFX in this aspect.
Is it safe to trade with Deriv?
Based on the regulation status and online reputation of Deriv, it seems to be safe to trade with Deriv. Deriv is regulated by four reputable authorities: the Malta Financial Services Authority (MFSA), the Vanuatu Financial Services Commission (VFSC), the British Virgin Islands Financial Services Commission (FSC), and the Labuan Financial Services Authority (LFSA). These regulators ensure that Deriv complies with high standards of conduct and protection for its clients. Deriv also has a positive rating on Trustpilot, with 3.5 out of 5 stars based on over 2,000 reviews. Most clients praise Deriv for its fast withdrawals, friendly customer service, and innovative platforms.
Is it safe to trade with NPBFX?
Based on the regulation status and online reputation of NPBFX, it seems to be safe to trade with NPBFX. NPBFX is regulated by one authority: the International Financial Services Commission of Belize (IFSC). This regulator ensures that NPBFX complies with some standards of conduct and protection for its clients. However, IFSC is not considered as a top-tier regulator compared to other authorities such as FCA or ASIC. NPBFX also has a positive rating on Trustpilot, with 4.1 out of 5 stars based on over 100 reviews. Most clients praise NPBFX for its low spreads, fast execution, and professional support.
Is Deriv a good broker?
Deriv seems to be a good broker for forex and CFD trading. Deriv has a long history of operation since 1999, and it is regulated by four reputable authorities. Deriv offers a wide range of markets, trades, and platforms, as well as innovative assets such as synthetic indices. Deriv also has competitive pricing, fast withdrawals, and positive online reputation.
Is NPBFX a good broker?
NPBFX seems to be a good broker for forex and CFD trading. NPBFX has a decent history of operation since 2012, and it is regulated by one authority. NPBFX offers a variety of instruments, account types, and payment methods, as well as access to the interbank market and ECN trading. NPBFX also has low spreads, fast execution, and positive online reputation.
Deriv vs NPBFX. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading goals, preferences, and risk appetite. You should compare the features and benefits of each broker and decide which one suits you best. You can use the summary that I provided earlier as a reference, but you should also do your own research and due diligence before making a final decision.
