Compare NPBFX vs Globex360
What is NPBFX? What is Globex360?
NPBFX is a forex broker that was established in 1992 and is regulated by the FSC (British Virgin Islands) and the Financial Commission (United Kingdom). It offers trading with variable spreads, leverage up to 1:1000, and various payment methods. It supports trading with MetaTrader 4 platform and provides free education, trading contests, and bonus offers.
Globex360 is a forex broker that was established in 2017 and is regulated by the FSCA (South Africa). It offers trading with variable spreads, leverage up to 1:500, and various payment methods. It supports trading with MetaTrader 4 and MetaTrader 5 platforms and provides free education, trading signals, and cashback rewards.
NPBFX vs Globex360 Regulation Comparison
Both brokers are regulated by reputable authorities, but Globex360 has more licenses than NPBFX. Globex360 is regulated by the FSCA (South Africa), which is a well-known regulator in the African region. NPBFX is regulated by the FSC (British Virgin Islands), which is an offshore regulator that may not offer adequate protection for traders.
NPBFX is also regulated by the Financial Commission (United Kingdom), which is an independent organization that provides dispute resolution services for traders and brokers.
NPBFX vs Globex360 Trading Assets Comparison
Both brokers offer a wide range of trading assets, including forex, CFDs, indices, commodities, metals, energies, and cryptocurrencies. However, Globex360 has more options than NPBFX in some categories. For example, Globex360 offers more than 50 forex pairs, while NPBFX offers only 38. Globex360 also offers more than 20 indices, while NPBFX offers only 10.
On the other hand, NPBFX offers more cryptocurrencies than Globex360, such as Bitcoin, Ethereum, Litecoin, Ripple, and Dash.
NPBFX vs Globex360 Trading Fees Comparison
Both brokers charge variable spreads for their trading accounts, but the spreads may vary depending on the market conditions and the account types. The average spread for EUR/USD at NPBFX is around 0.8 pips, while at Globex360 it is around 1.2 pips .
However, these spreads are not fixed and may change at any time. In addition to spreads, both brokers also charge commissions for some of their account types. For example, NPBFX charges $6 per lot for its Expert account, while Globex360 charges $4 per lot for its ECN account.
NPBFX vs Globex360 Account Types Comparison
Both brokers offer several account types for different levels of traders, but they have different features and requirements. NPBFX offers four account types: Master (minimum deposit $10), Expert (minimum deposit $5,000), VIP (minimum deposit $50,000), and Crypto (minimum deposit $10).
Globex360 offers five account types: Standard (minimum deposit $100), ECN (minimum deposit $500), Pro (minimum deposit $5,000), VIP (minimum deposit $20,000), and Islamic (minimum deposit $100). The main differences between the account types are the spreads, commissions, leverage, minimum trade size, and available trading instruments.
NPBFX vs Globex360 Deposit Options Comparison
Both brokers offer various payment methods for depositing and withdrawing funds from their trading accounts, but they have different fees and processing times. NPBFX accepts WebMoney, Skrill, Wire transfer, Credit / debit cards, YooMoney, Neteller, QIWI, Local bank transfer and FasaPay as payment methods. Globex360 accepts Credit/debit cards, FasaPay, Local bank transfer, Neteller, Perfect Money, Skrill, UnionPay and Wire transfer as payment methods.
NPBFX does not charge any fees for deposits and withdrawals, while Globex360 charges some fees depending on the payment method and the amount of money involved . The processing time for deposits and withdrawals may also vary depending on the payment method and the broker’s policy.
NPBFX vs Globex360 Trading Platforms Comparison
Both brokers support trading with MetaTrader 4 platform, which is one of the most popular and user-friendly trading platforms in the forex industry. MetaTrader 4 offers advanced charting tools, technical indicators, automated trading, and customizable features.
However, Globex360 also supports trading with MetaTrader 5 platform, which is the newer and more advanced version of MetaTrader 4. MetaTrader 5 offers more trading instruments, more order types, more analytical tools, and more execution modes than MetaTrader 4.
NPBFX vs Globex360 Analytical Tools Comparison
Both brokers provide some analytical tools to help their clients with their trading strategies and decisions, but they have different types and quality of tools. NPBFX provides free education, trading contests, and bonus offers as some of its analytical tools. Globex360 provides free education, trading signals, and cashback rewards as some of its analytical tools.
However, some online sources suggest that the quality and reliability of the tools may vary depending on the broker and the source of the information .
NPBFX vs Globex360. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that can affect your trading performance and experience. There are many factors to consider when comparing different brokers, such as regulation, trading assets, trading fees, account types, deposit and withdrawal options, trading platforms, and analytical tools.
However, ultimately, the best forex broker for you depends on your personal preferences, goals, and risk appetite. You may want to try out the demo accounts of both brokers to test their services and features before making a final decision. You may also want to read some online reviews from other traders who have used both brokers to get their feedback and opinions.
