Compare NPBFX vs Amega
What is NPBFX? What is Amega?
NPBFX is a forex broker that has been providing brokerage services on the forex market since 1996. It offers 38 currency pairs, gold, silver, and oil as trading products. It uses the STP/NDD model to execute orders and has no conflict of interest with its clients.
Amega is a forex broker that offers zero-commission trading on forex and CFDs. It has a wide range of trading products, including currencies, stocks, commodities, precious metals, energy, and indices. It also provides various promotions and bonuses for its clients.
NPBFX vs Amega Regulation Comparison
NPBFX is regulated by the Financial Commission, an independent organization that resolves disputes in the financial markets. It also has a license from the FSC of the British Virgin Islands.
Amega is regulated by the FSC of Mauritius and the IFSC of Belize. Both brokers are not regulated by any major financial authority such as the FCA, ASIC, or CySEC.
NPBFX vs Amega Trading Assets Comparison
NPBFX and Amega both offer a variety of trading assets, but Amega has a larger selection than NPBFX. NPBFX only offers 38 currency pairs, gold, silver, and oil, while Amega offers over 100 currency pairs, stocks, commodities, precious metals, energy, indices, and cryptocurrencies. However, NPBFX also provides access to futures contracts through its partner company NMarkets Limited.
NPBFX vs Amega Trading Fees Comparison
NPBFX and Amega both have competitive trading fees, but they differ in their spread and commission types. NPBFX has variable spreads that start from 0.1 pips and charges a commission of $6 per lot on its Master account. Amega has floating spreads that start from 0 pips and charges no commission on any of its accounts. Both brokers also offer cashback programs for their clients.
NPBFX vs Amega Account Types Comparison
NPBFX and Amega both have three types of account: Standard, ECN/STP, and Swap-Free (Islamic). The minimum deposit for all accounts is $10 for both brokers. The maximum leverage is 1:1000 for NPBFX and 1:777 for Amega. The minimum lot size is 0.01 for both brokers.
NPBFX vs Amega Deposit Options Comparison
NPBFX and Amega both have a variety of deposit and withdrawal options for their clients. NPBFX supports WebMoney, Skrill, Wire Transfer, Credit/Debit Cards, YooMoney, Neteller, QIWI, Local Bank Transfer, and FasaPay.
Amega supports Credit/Debit Cards, Sticpay, VLoad, Local Wire Transfer Options, Ethereum, Neteller, Skrill, UnionPay, and Wire Transfer. Both brokers process withdrawals within 24 hours and do not charge any fees for deposits or withdrawals.
NPBFX vs Amega Trading Platforms Comparison
NPBFX and Amega both use MetaTrader 4 as their trading platform. MetaTrader 4 is a popular and user-friendly platform that supports automated trading, one-click trading, trailing stop, pending orders, and various analytical tools. Both brokers also provide mobile versions of MetaTrader 4 for iOS and Android devices.
NPBFX vs Amega Analytical Tools Comparison
NPBFX and Amega both provide analytical tools for their clients to help them with their trading strategies. NPBFX offers a portal that contains market news, economic calendar, technical analysis, trading signals, chat with experts, and a trader’s calculator.
Amega offers market news, economic calendar, technical analysis tools such as Autochartist and Trading Central.
NPBFX vs Amega. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which broker is better, as each one has its own advantages and disadvantages. However, here are some possible factors that you may want to consider:
- Regulation: Both NPBFX and Amega are regulated by offshore authorities, which means they may not offer the same level of protection and security as brokers regulated by major financial bodies such as the FCA, ASIC, or CySEC. If you are looking for a more reputable and trustworthy broker, you may want to look for one that has a license from a well-known regulator.
- Trading Assets: Both NPBFX and Amega offer a variety of trading assets, but Amega has a larger selection than NPBFX. If you are interested in trading more than just currencies, metals, and oil, you may find Amega more suitable for your needs. Amega also offers cryptocurrencies, which are becoming more popular among traders.
- Trading Fees: Both NPBFX and Amega have competitive trading fees, but they differ in their spread and commission types. NPBFX has variable spreads that start from 0.1 pips and charges a commission of $6 per lot on its Master account. Amega has floating spreads that start from 0 pips and charges no commission on any of its accounts. If you are looking for lower trading costs, you may prefer Amega over NPBFX.
- Account Types: Both NPBFX and Amega have three types of account: Standard, ECN/STP, and Swap-Free (Islamic). The minimum deposit for all accounts is $10 for both brokers. The maximum leverage is 1:1000 for NPBFX and 1:777 for Amega. The minimum lot size is 0.01 for both brokers. If you are looking for more flexibility and diversity in your account options, you may find both brokers equally appealing.
- Deposit and Withdrawal Options: Both NPBFX and Amega have a variety of deposit and withdrawal options for their clients. NPBFX supports WebMoney, Skrill, Wire Transfer, Credit/Debit Cards, YooMoney, Neteller, QIWI, Local Bank Transfer, and FasaPay. Amega supports Credit/Debit Cards, Sticpay, VLoad, Local Wire Transfer Options, Ethereum, Neteller, Skrill, UnionPay, and Wire Transfer. Both brokers process withdrawals within 24 hours and do not charge any fees for deposits or withdrawals. If you are looking for convenience and speed in your payment methods, you may find both brokers satisfactory.
- Trading Platforms: Both NPBFX and Amega use MetaTrader 4 as their trading platform. MetaTrader 4 is a popular and user-friendly platform that supports automated trading, one-click trading, trailing stop, pending orders, and various analytical tools. Both brokers also provide mobile versions of MetaTrader 4 for iOS and Android devices. If you are looking for a reliable and familiar trading platform, you may find both brokers compatible with your preferences.
- Analytical Tools: Both NPBFX and Amega provide analytical tools for their clients to help them with their trading strategies. NPBFX offers a portal that contains market news, economic calendar, technical analysis, trading signals, chat with experts, and a trader’s calculator. Amega offers market news, economic calendar, technical analysis tools such as Autochartist and Trading Central. If you are looking for more support and guidance in your trading decisions, you may find both brokers helpful.
Ultimately, the choice between NPBFX and Amega depends on what you value most in a forex broker. You may want to try out their demo accounts first to get a feel of their services and features before making a final decision.
