Compare NPBFX vs FxGlory
What is NPBFX? What is FxGlory?
NPBFX is a forex broker that provides online trading services for currency pairs, metals, and cryptocurrencies. NPBFX was founded in 1996 and is regulated by the Financial Services Authority of Saint Vincent and the Grenadines.
FxGlory is a forex broker that offers online trading services for currency pairs, metals, oil, indices, and binary options. FxGlory was established in 2011 and is regulated by the Department of Economic Development of Dubai.
NPBFX vs FxGlory Regulation Comparison
Both NPBFX and FxGlory are regulated by reputable authorities, but they have different levels of protection for their clients. NPBFX is a member of the Financial Commission, an independent dispute resolution organization that provides compensation up to 20,000 EUR per case. FxGlory is not a member of any such organization, but it claims to segregate client funds from its own and to use SSL encryption for data security.
NPBFX vs FxGlory Trading Assets Comparison
NPBFX and FxGlory have different ranges of trading assets available for their clients. NPBFX offers more than 60 currency pairs, 4 metals, and 6 cryptocurrencie. FxGlory offers 34 currency pairs, 4 metals, oil, 11 indices, and binary options.
NPBFX vs FxGlory Trading Fees Comparison
NPBFX and FxGlory have different fee structures for their trading services. NPBFX charges variable spreads from 0.4 pips on its Master account and fixed spreads from 2 pips on its Expert account.
NPBFX also charges a commission of $10 per lot on its Master account. FxGlory charges fixed spreads from 2 pips on its Standard account and from 1.5 pips on its Premium account. FxGlory does not charge any commission on its accounts.
NPBFX vs FxGlory Account Types Comparison
NPBFX and FxGlory have different account types for their clients with different features and requirements. NPBFX offers two account types: Master and Expert. The Master account requires a minimum deposit of $10, has a maximum leverage of 1:1000, and allows scalping and hedging. The Expert account requires a minimum deposit of $5000, has a maximum leverage of 1:200, and does not allow scalping or hedging.
FxGlory offers three account types: Standard, Premium, and VIP. The Standard account requires a minimum deposit of $1, has a maximum leverage of 1:3000, and allows scalping and hedging. The Premium account requires a minimum deposit of $1000, has a maximum leverage of 1:2000, and allows scalping and hedging. The VIP account requires a minimum deposit of $5000, has a maximum leverage of 1:1000, and allows scalping and hedging.
NPBFX vs FxGlory Deposit Options Comparison
NPBFX and FxGlory have different deposit and withdrawal options for their clients with different fees and processing times. NPBFX accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money, Qiwi Wallet, Yandex Money, Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Tether USD. FxGlory accepts deposits and withdrawals via bank wire transfer, credit/debit cards, Skrill, Neteller, WebMoney, Perfect Money.
Both brokers charge fees for some methods depending on the amount and currency involved. Both brokers process deposits instantly or within one business day depending on the method used. Both brokers process withdrawals within one to three business days depending on the method used.
NPBFX vs FxGlory Trading Platforms Comparison
NPBFX and FxGlory use different trading platforms for their clients with different features and functionalities. NPBFX uses MetaTrader 4 (MT4), a popular platform that supports multiple chart types, indicators, expert advisors (EAs), automated trading strategies (ATS), market news feed.
FxGlory uses MetaTrader 5 (MT5), an advanced platform that supports all the features of MT4 plus more chart types, timeframes, indicators, EAs, ATSs. Both platforms are available as desktop applications for Windows and Mac OS X computers as well as mobile applications for Android and iOS devices.
NPBFX vs FxGlory Analytical Tools Comparison
NPBFX and FxGlory provide different analytical tools for their clients to help them make informed trading decisions. NPBFX provides market analysis, economic calendar, trading signals, webinars, and educational materials on its website.
FxGlory provides market news, economic calendar, trading signals, and educational materials on its website. Both brokers also offer customer support via phone, email, live chat, and callback request.
NPBFX vs FxGlory. 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 points you may want to consider:
- If you are looking for a broker with more trading assets, especially cryptocurrencies, you may prefer NPBFX over FxGlory. NPBFX offers more than 60 currency pairs, 4 metals, and 6 cryptocurrencies, while FxGlory offers 34 currency pairs, 4 metals, oil, 11 indices, and binary options.
- If you are looking for a broker with lower trading fees, especially commissions, you may prefer FxGlory over NPBFX. FxGlory charges fixed spreads from 2 pips on its Standard account and from 1.5 pips on its Premium account. FxGlory does not charge any commission on its accounts. NPBFX charges variable spreads from 0.4 pips on its Master account and fixed spreads from 2 pips on its Expert account. NPBFX also charges a commission of $10 per lot on its Master account.
- If you are looking for a broker with higher leverage, you may prefer FxGlory over NPBFX. FxGlory offers a maximum leverage of 1:3000 on its Standard account, 1:2000 on its Premium account, and 1:1000 on its VIP account. NPBFX offers a maximum leverage of 1:1000 on its Master account and 1:200 on its Expert account.
- If you are looking for a broker with more advanced trading platforms, you may prefer FxGlory over NPBFX. FxGlory uses MetaTrader 5 (MT5), an advanced platform that supports all the features of MetaTrader 4 (MT4) plus more chart types, timeframes, indicators, expert advisors (EAs), automated trading strategies (ATSs). NPBFX uses MT4, a popular platform that supports multiple chart types, indicators, EAs, ATSs.
Ultimately, the best way to decide which broker suits you better is to try them out yourself. You can open demo accounts with both brokers and test their services and features before making a final decision.
