Compare NPBFX vs FXTM
What is NPBFX? What is FXTM?
NPBFX is a forex broker that was established in 1992 and is regulated by the Financial Commission of the United Kingdom and the Financial Services Commission of the British Virgin Islands.
FXTM is a forex broker that was founded in 2011 and is regulated by several authorities, including the Cyprus Securities and Exchange Commission, the Financial Conduct Authority of the United Kingdom, the Financial Sector Conduct Authority of South Africa, and the Capital Markets Authority of Kenya.
NPBFX vs FXTM Regulation Comparison
- NPBFX is regulated by the Financial Commission of the United Kingdom and the Financial Services Commission of the British Virgin Islands.
- FXTM is regulated by several authorities, including the Cyprus Securities and Exchange Commission, the Financial Conduct Authority of the United Kingdom, the Financial Sector Conduct Authority of South Africa, and the Capital Markets Authority of Kenya.
- Both brokers are members of the Investor Compensation Fund, which protects clients’ funds in case of broker insolvency.
- Both brokers also adhere to the Anti-Money Laundering and Know Your Customer policies, which require clients to verify their identity and address before trading.
NPBFX vs FXTM Trading Assets Comparison
NPBFX offers trading in forex, CFDs, indexes, gold and silver, crypto, oil, metals, energies, futures, options, agriculture, indices, commodities, bonds, binary options, ETFs, and shares. FXTM offers trading in forex, CFDs, indexes, spread betting, gold and silver, crypto, stocks, oil, metals, energies, futures, ETFs, options, agriculture, indices, commodities, bonds, binary options.
NPBFX vs FXTM Trading Fees Comparison
NPBFX has a variable spread starting from 0.4 pips on major currency pairs and charges a commission of $2 per lot. FXTM also has a variable spread starting from 0.1 pips on major currency pairs and charges a commission of $2 per lot on some account types.
NPBFX vs FXTM Account Types Comparison
NPBFX has four account types: Master (minimum deposit $10), Expert (minimum deposit $5,000), VIP (minimum deposit $50,000), and Crypto (minimum deposit $10).
FXTM has six account types: Standard (minimum deposit $100), Cent (minimum deposit $10), Stocks (minimum deposit $100), ECN (minimum deposit $500), ECN Zero (minimum deposit $200), and Pro (minimum deposit $25,000).
NPBFX vs FXTM Deposit Options Comparison
NPBFX supports various payment methods for deposit and withdrawal, such as WebMoney, Skrill, Wire transfer, Credit / debit cards, YooMoney, Neteller, QIWI, Local bank transfer and FasaPay.
FXTM also supports a wide range of payment methods for deposit and withdrawal such as WebMoney Skrill Wire transfer Credit/debit cards YooMoney Neteller UnionPay QIWI Perfect Money DIXIPAY FasaPay Crypto Google Pay.
NPBFX vs FXTM Trading Platforms Comparison
NPBFX provides trading with MetaTrader 4 platform with features such as one-click trading trailing stop pending orders.
FXTM provides trading with MetaTrader 4 and MetaTrader 5 platforms with features such as one-click trading trailing stop pending orders.
NPBFX vs FXTM Analytical Tools Comparison
NPBFX and FXTM both offers analytical tools such as economic calendar market news technical analysis trading signals webinars and seminars.
NPBFX vs FXTM. 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 style and goals. There is no definitive answer as to which broker is better, as both NPBFX and FXTM have their own advantages and disadvantages. However, you can look at some general criteria that you can use to compare them and make your own choice.
Some of the criteria that you can consider are:
- Regulation: This refers to the legal status and oversight of the broker by various authorities and agencies. Regulation ensures that the broker follows certain standards of conduct, transparency, and security, and protects your rights and interests as a client. NPBFX is regulated by the Financial Commission of the United Kingdom and the Financial Services Commission of the British Virgin Islands. FXTM is regulated by several authorities, including the Cyprus Securities and Exchange Commission, the Financial Conduct Authority of the United Kingdom, the Financial Sector Conduct Authority of South Africa, and the Capital Markets Authority of Kenya.
- Trading Assets: This refers to the range and variety of financial instruments that you can trade with the broker. Trading assets include forex, CFDs, indexes, gold and silver, crypto, oil, metals, energies, futures, options, agriculture, indices, commodities, bonds, binary options, ETFs, and shares. NPBFX offers trading in all of these assets except spread betting and stocks. FXTM offers trading in all of these assets except crypto.
- Trading Fees: This refers to the costs and charges that you have to pay to the broker for using their services. Trading fees include spreads, commissions, swaps, overnight fees, deposit and withdrawal fees, inactivity fees, etc. NPBFX has a variable spread starting from 0.4 pips on major currency pairs and charges a commission of $2 per lot. FXTM also has a variable spread starting from 0.1 pips on major currency pairs and charges a commission of $2 per lot on some account types.
- Account Types: This refers to the different options and features that you can choose from when opening an account with the broker. Account types vary in terms of minimum deposit, leverage, margin requirements, execution types, trading platforms, etc. NPBFX has four account types: Master (minimum deposit $10), Expert (minimum deposit $5,000), VIP (minimum deposit $50,000), and Crypto (minimum deposit $10). FXTM has six account types: Standard (minimum deposit $100), Cent (minimum deposit $10), Stocks (minimum deposit $100), ECN (minimum deposit $500), ECN Zero (minimum deposit $200), and Pro (minimum deposit $25,000).
- Deposit and Withdrawal Options: This refers to the methods and convenience that you can use to fund your account and withdraw your profits. Deposit and withdrawal options include WebMoney Skrill Wire transfer Credit/debit cards YooMoney Neteller UnionPay QIWI Perfect Money DIXIPAY FasaPay Crypto Google Pay etc. NPBFX supports all of these options except UnionPay Perfect Money DIXIPAY Crypto Google Pay etc. FXTM supports all of these options.
- Trading Platforms: This refers to the software and applications that you can use to access the broker’s services and execute your trades. Trading platforms include MetaTrader 4 MetaTrader 5 WebTrader MobileTrader etc. NPBFX provides trading with MetaTrader 4 platform with features such as one-click trading trailing stop pending orders etc. FXTM provides trading with MetaTrader 4 and MetaTrader 5 platforms with features such as one-click trading trailing stop pending orders etc.
- Analytical Tools: This refers to the resources and information that the broker provides to help you analyze the market and make informed trading decisions. Analytical tools include economic calendar market news technical analysis trading signals webinars seminars etc. NPBFX offers all of these tools except webinars seminars etc. FXTM offers all of these tools.
Based on these criteria you can compare NPBFX and FXTM according to your own needs and preferences. You can also read more about each broker on their official websites or on third-party review sites . Ultimately the best forex broker for you is the one that meets your expectations satisfies your requirements and helps you achieve your goals.
