Compare NPBFX vs NSFX
What is NPBFX? What is NSFX?
NPBFX is a forex broker that has been providing trading services since 1996. It offers 38 currency pairs, gold, silver, and oil trading with STP/NDD technology and ECN accounts. It is regulated by the FSC of the British Virgin Islands and the Financial Commission of the United Kingdom.
NSFX is a forex broker that was established in 2010. It offers trading on forex, commodities, and indices with ECN and STP execution and fixed spreads. It is regulated by the MFSA of Malta, the ASIC of Australia, the CySEC of Cyprus, and the IFSC of Belize.
NPBFX vs NSFX Regulation Comparison
Both brokers are regulated by reputable authorities in different jurisdictions. However, NSFX has more licenses than NPBFX, which may indicate a higher level of compliance and security for its clients. NPBFX is only regulated by the FSC of the British Virgin Islands and the Financial Commission of the United Kingdom, while NSFX is regulated by the MFSA of Malta, the ASIC of Australia, the CySEC of Cyprus, and the IFSC of Belize.
Additionally, NSFX participates in the Investor Compensation Scheme of Malta, which provides a limited safety net for eligible investors in case of insolvency. NPBFX does not offer any similar scheme for its clients.
NPBFX vs NSFX Trading Assets Comparison
Both brokers offer trading on forex, commodities, and indices, but they have different numbers and types of assets available. NPBFX offers 38 currency pairs, gold (XAUUSD), silver (XAGUSD), and oil (Brent and WTI).
NSFX offers more than 50 currency pairs, gold (XAUUSD), silver (XAGUSD), oil (Brent and WTI), natural gas (NGAS), copper (COPPER), platinum (XPTUSD), palladium (XPDUSD), coffee (COFFEE), sugar (SUGAR), corn (CORN), wheat (WHEAT), soybean (SOYBEAN), cocoa (COCOA), cotton (COTTON), and 15 major stock indices.
NPBFX vs NSFX Trading Fees Comparison
Both brokers charge fees for their trading services, but they have different pricing models and structures. NPBFX charges variable spreads that depend on market conditions and account types. It also charges commissions for ECN accounts, which range from $3 to $10 per lot depending on the trading volume. NSFX charges fixed spreads that are predetermined and do not change with market fluctuations. It does not charge any commissions for any account type.
NPBFX vs NSFX Account Types Comparison
Both brokers offer different types of accounts for their clients, but they have different requirements and features. NPBFX offers three types of accounts: Master (minimum deposit $10, maximum leverage 1:1000, variable spreads from 0.8 pips), Expert (minimum deposit $5,000, maximum leverage 1:200, variable spreads from 0.6 pips), and VIP (minimum deposit $50,000, maximum leverage 1:100, variable spreads from 0.4 pips). It also offers ECN accounts with commissions and direct access to interbank liquidity.
NSFX offers two types of accounts: Standard (minimum deposit $300, maximum leverage 1:200, fixed spreads from 3 pips) and Professional (minimum deposit $5,000, maximum leverage 1:100, fixed spreads from 2 pips). It also offers Islamic accounts with no swaps or rollover fees.
NPBFX vs NSFX Deposit Options Comparison
Both brokers offer various methods for depositing and withdrawing funds from their accounts, but they have different options and conditions. NPBFX accepts deposits and withdrawals via WebMoney, Skrill, Wire transfer, Credit / debit cards, YooMoney, Neteller, QIWI, Local bank transfer and FasaPay. It does not charge any fees for deposits or withdrawals, but it may take up to 5 business days to process them depending on the method used.
NSFX accepts deposits and withdrawals via Credit/debit cards, Sticpay, VLoad, local wire transfer options, Ethereum, Neteller, Skrill, UnionPay , WebMoney , Wire transfer and YooMoney . It does not charge any fees for deposits or withdrawals either , but it may take up to 7 business days to process them depending on the method used.
NPBFX vs NSFX Trading Platforms Comparison
Both brokers offer trading platforms for their clients, but they have different options and features. NPBFX offers the MetaTrader 4 platform, which is one of the most popular and widely used platforms in the forex industry. It is available for desktop, web, Android, and iOS devices. It provides traders with a range of tools and features, such as charting, indicators, expert advisors, scripts, and automated trading.
NSFX offers two platforms: MetaTrader 4 and JForex. MetaTrader 4 is the same as NPBFX’s platform, while JForex is a proprietary platform developed by Dukascopy Bank. It is available for desktop, web, Android, and iOS devices. It provides traders with a unique trading experience, such as ECN and STP execution, tight spreads, deep liquidity, and fast trading.
NPBFX vs NSFX Analytical Tools Comparison
Both brokers offer analytical tools for their clients, but they have different types and quality of tools. NPBFX offers a portal of analysis that includes market news, economic calendar, trading signals, technical analysis, and chat with experts. It also offers a trading calculator that helps traders calculate margin, profit, swap, and pip value.
NSFX offers a blog that includes market news, analysis, education, and tips. It also offers an economic calendar that shows important events and indicators that affect the market.
NPBFX vs NSFX. 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 to which broker is better, as each one has its own advantages and disadvantages. However, you may consider some of the following factors:
- Regulation: If you value security and protection, you may prefer NSFX, as it has more licenses from reputable authorities and participates in the Investor Compensation Scheme of Malta. NPBFX has fewer licenses and does not offer any compensation scheme for its clients.
- Trading Assets: If you want to diversify your portfolio and trade on a variety of markets, you may prefer NSFX, as it offers more than 50 currency pairs and a range of commodities and indices. NPBFX offers fewer assets, mainly focusing on forex and metals.
- Trading Fees: If you want to save on costs and trade with low spreads, you may prefer NPBFX, as it offers variable spreads that can be as low as 0.4 pips for VIP accounts. It also offers ECN accounts with direct access to interbank liquidity. NSFX offers fixed spreads that are higher than NPBFX’s variable spreads, but it does not charge any commissions for any account type.
- Account Types: If you want to have more options and flexibility in choosing your account type, you may prefer NPBFX, as it offers three types of accounts with different minimum deposits, leverage, and spreads. It also offers Islamic accounts with no swaps or rollover fees. NSFX offers two types of accounts with higher minimum deposits and lower leverage than NPBFX’s accounts.
- Deposit and Withdrawal Options: If you want to have more convenience and speed in depositing and withdrawing funds from your account, you may prefer NPBFX, as it accepts more methods and processes them faster than NSFX. NSFX accepts fewer methods and takes longer to process them than NPBFX.
- Trading Platforms: If you want to have more choice and functionality in your trading platform, you may prefer NSFX, as it offers two platforms: MetaTrader 4 and JForex. MetaTrader 4 is the same as NPBFX’s platform, while JForex is a proprietary platform that provides a unique trading experience. NPBFX only offers MetaTrader 4 as its platform.
- Analytical Tools: If you want to have more access and quality in your analytical tools, you may prefer NPBFX, as it offers a portal of analysis that includes market news, economic calendar, trading signals, technical analysis, and chat with experts. It also offers a trading calculator that helps traders calculate margin, profit, swap, and pip value. NSFX only offers a blog that includes market news, analysis, education, and tips. It also offers an economic calendar that shows important events and indicators that affect the market.
Ultimately, the best forex broker for you is the one that meets your needs and expectations. You may want to try out both brokers by opening demo accounts and testing their services before making a final decision.
