Compare NPBFX vs Markets.com
What is NPBFX? What is Markets.com?
NPBFX is a forex broker that 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 and no conflict of interest with clients. Markets.com is an online trading platform that offers CFD and spread betting on forex, stocks, bonds, ETFs, commodities, indices, and cryptocurrencies. Markets.com provides low spreads, fast execution, and expert market insights to traders.
NPBFX vs Markets.com Regulation Comparison
NPBFX is regulated by the FSC (British Virgin Islands) and the Financial Commission (United Kingdom). Markets.com is regulated by ASIC (Australia), CySEC (Cyprus), FSCA (South Africa), and SCB (Bahamas). Both brokers are members of the Financial Commission, an independent organization that resolves disputes in the financial markets.
NPBFX vs Markets.com Trading Assets Comparison
NPBFX and Markets.com both offer forex trading, but Markets.com has a wider range of trading assets, including CFD and spread betting on stocks, bonds, ETFs, commodities, indices, and cryptocurrencies. NPBFX only offers CFD trading on gold, silver, and oil, in addition to forex.
NPBFX vs Markets.com Trading Fees Comparison
NPBFX and Markets.com both have variable spreads, but Markets.com claims to have lower spreads than NPBFX. NPBFX charges a commission of $3 per lot for forex trading, while Markets.com does not charge any commission for opening or closing positions. However, both brokers may have other fees that apply to their services.
NPBFX vs Markets.com Account Types Comparison
NPBFX has three types of account types: Master, Expert, and VIP. The minimum deposit for each account type is $10, $5000, and $50000 respectively. The maximum leverage for each account type is 1:1000, 1:200, and 1:100 respectively.
Markets.com has two types of account types: Standard and Professional. The minimum deposit for both account types is $250. The maximum leverage for the Standard account type is 1:30 for retail clients and 1:300 for professional clients. The maximum leverage for the Professional account type is 1:500 for both retail and professional clients.
NPBFX vs Markets.com Deposit Options Comparison
NPBFX supports various payment methods, including WebMoney, Skrill, Wire transfer, Credit / debit cards, YooMoney, Neteller, QIWI, Local bank transfer and FasaPay. Markets.com also supports various payment methods, including Crypto, BPAY, Credit/debit cards, FasaPay, Neteller, PayPal, Skrill, UnionPay and Wire transfer.
NPBFX vs Markets.com Trading Platforms Comparison
NPBFX and Markets.com 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 other features. Markets.com also offers its own web-based platform that has a simple and intuitive interface and advanced charting tools.
NPBFX vs Markets.com Analytical Tools Comparison
NPBFX and Markets.com both provide analytical tools to help traders make informed decisions. NPBFX offers a portal that contains market news, signals, calculators, chat with experts, and free education. Markets.com offers a club that provides market insights, analysis tools such as Trading Central and TipRanks, webinars, podcasts, and free education.
NPBFX vs Markets.com. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is a personal decision that depends on your trading style, goals, preferences, and risk appetite. There is no definitive answer to which forex broker is better, as different brokers may have different advantages and disadvantages for different traders.
- If you are looking for a broker that offers a wider range of trading assets, including CFD and spread betting on stocks, bonds, ETFs, commodities, indices, and cryptocurrencies, then Markets.com may be a better choice for you than NPBFX. Markets.com has more than 2000 instruments to trade with, while NPBFX only has 41 instruments.
- If you are looking for a broker that has lower spreads and no commission for forex trading, then Markets.com may also be a better choice for you than NPBFX. Markets.com claims to have lower spreads than NPBFX, and does not charge any commission for opening or closing positions. NPBFX charges a commission of $3 per lot for forex trading, which may add up to your trading costs.
- If you are looking for a broker that has higher leverage and lower minimum deposit requirements for forex trading, then NPBFX may be a better choice for you than Markets.com. NPBFX offers leverage up to 1:1000 and a minimum deposit of $10 for its Master account type, while Markets.com offers leverage up to 1:500 and a minimum deposit of $250 for its Standard account type. However, please note that higher leverage also means higher risk of losing money.
- If you are looking for a broker that has more payment methods and supports local bank transfer in Vietnam, then NPBFX may also be a better choice for you than Markets.com. NPBFX supports various payment methods, including WebMoney, Skrill, Wire transfer, Credit / debit cards, YooMoney, Neteller, QIWI, Local bank transfer and FasaPay. Markets.com does not support local bank transfer in Vietnam.
- If you are looking for a broker that has its own web-based platform and advanced analysis tools such as Trading Central and TipRanks, then Markets.com may be a better choice for you than NPBFX. Markets.com offers its own web-based platform that has a simple and intuitive interface and advanced charting tools. Markets.com also provides market insights, analysis tools such as Trading Central and TipRanks, webinars, podcasts, and free education through its club. NPBFX only uses MetaTrader 4 as its trading platform and offers a portal that contains market news, signals, calculators, chat with experts, and free education.