Compare NPBFX vs EagleFX
What is NPBFX? What is EagleFX?
NPBFX is a trading name of NMarkets Limited, a company incorporated in Island of Moheli, Comoros Union, with company registered number HY00922114, and registered license number T2022137. NPBFX has been providing brokerage services on the forex market since 1996. NPBFX offers 38 currency pairs, gold, silver, and oil trading with STP/NDD technology.
EagleFX is a trading name of EagleFX Ltd, a company registered by the Financial Services Authority of Saint Vincent and the Grenadines with company number 24454 IBC 2018. EagleFX was established in 2019 and provides forex and cryptocurrency trading with ECN/STP execution on the MT4 platform. EagleFX offers over 100 instruments, including 53 currency pairs, 11 commodities, 13 indices, and 31 cryptos.
NPBFX vs EagleFX Regulation Comparison
NPBFX is regulated by the laws of Comoros Union, which is not a well-known or reputable jurisdiction for forex brokers. NPBFX is also a member of The Financial Commission, an independent self-regulatory organization that provides dispute resolution services for traders and brokers.
EagleFX is regulated by the laws of Saint Vincent and the Grenadines, which is also not a reputable or strict jurisdiction for forex brokers. EagleFX is not a member of any regulatory body or organization that can protect its clients’ interests or funds.
NPBFX vs EagleFX Trading Assets Comparison
NPBFX offers a limited range of trading assets, focusing mainly on forex and some commodities. NPBFX does not offer any stock, index, or crypto trading.
EagleFX offers a wider range of trading assets, including forex, commodities, indices, and cryptos. EagleFX also provides 24/7 trading of diital assets.
NPBFX vs EagleFX Trading Fees Comparison
NPBFX charges no commission on its trades, but applies spreads and swaps to its prices. The average spread for EUR/USD is 0.8 pips on the Master account and 0.4 pips on the Expert account. The swap rates vary depending on the instrument and the direction of the trade.
EagleFX charges a commission of $6 per lot round turn on its trades, but offers low spreads and swaps. The average spread for EUR/USD is 0.3 pips on the Standard account. The swap rates are also competitive and depend on the instrument and the direction of the trade.
NPBFX vs EagleFX Account Types Comparison
NPBFX offers two types of accounts: Master and Expert. The Master account requires a minimum deposit of $10 and offers leverage up to 1:1000. The Expert account requires a minimum deposit of $5000 and offers leverage up to 1:200. Both accounts have a minimum lot size of 0.01 and a maximum lot size of 50.
EagleFX offers only one type of account: Standard. The Standard account requires a minimum deposit of $10 and offers leverage up to 1:500. The account has a minimum lot size of 0.01 and no maximum lot size limit.
NPBFX vs EagleFX Deposit Options Comparison
NPBFX accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, QIWI Wallet, Yandex.Money, FasaPay, Perfect Money, Ngan Luong, Payeer, AdvCash, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Ripple, Tether USD (USDT), Tether EUR (EURT), TrueUSD (TUSD), USD Coin (USDC), Paxos Standard (PAX), Binance USD (BUSD), Dai Stablecoin (DAI), Stasis EURS (EURS), Monero (XMR), Zcash (ZEC), Bitcoin Gold (BTG), NEO (NEO), Gas (GAS), OmiseGO (OMG), Basic Attention Token (BAT), Augur (REP), Golem (GNT), Status Network Token (SNT). NPBFX charges no fees for deposits or withdrawals and processes them within one business day.
EagleFX accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, Ripple. EagleFX charges no fees for deposits or withdrawals and processes them within 30 minutes.
NPBFX vs EagleFX Trading Platforms Comparison
NPBFX offers the MetaTrader 4 platform, which is a popular and user-friendly platform for forex and CFD trading. The platform supports three execution modes, multiple order types, 30 technical indicators, 24 graphical objects, 9 timeframes, and automated trading with Expert Advisors. NPBFX also offers a web-based version of MT4 and a mobile app for Android and iOS devices.
EagleFX also offers the MetaTrader 4 platform, with the same features and functionalities as NPBFX. EagleFX also offers a web-based version of MT4 and a mobile app for Android devices. However, EagleFX does not offer an MT4 app for iOS devices.
NPBFX vs EagleFX Analytical Tools Comparison
NPBFX provides various analytical tools for its clients, such as a portal with market news, economic calendar, trading signals, technical analysis, chat with experts, and a trading calculator. NPBFX also offers educational materials, such as a demo account, trading strategies, webinars, and seminars.
EagleFX does not provide any analytical tools or educational materials for its clients.
NPBFX vs EagleFX. Which forex broker is better? Which forex broker should you choose?
The best forex broker for you depends on your personal preferences, trading style, goals and needs. You can do more research, read reviews, try a demo account or even open a live account with both brokers to see which broker meets your expectations and requirements.