Compare ThinkMarkets vs NPBFX
What is ThinkMarkets? What is NPBFX?
ThinkMarkets is an award-winning broker that was established in 2010 and is regulated by several authorities, including ASIC, FCA, FSCA, and FSA.
NPBFX is a trading name of NMarkets Limited, a company that was founded in 1992 and is regulated by the Financial Commission and the IFSC. Both brokers have offices in multiple countries and serve clients worldwide, except for some restricted regions.
ThinkMarkets vs NPBFX Regulation Comparison
ThinkMarkets and NPBFX both use the STP/NDD model to execute their clients’ orders, which means they do not have any conflict of interest with their clients and provide fast and transparent execution.
However, ThinkMarkets has more licenses and regulations than NPBFX, which may indicate a higher level of trustworthiness and security for its clients.
ThinkMarkets vs NPBFX Trading Assets Comparison
ThinkMarkets and NPBFX both offer a wide range of trading instruments, including forex, cryptocurrencies, indices, commodities, metals, and share CFDs.
However, ThinkMarkets has more products than NPBFX, such as spread betting, futures, options, ETFs, bonds, binary options, physical stocks, and agriculture. ThinkMarkets also has more currency pairs (40 vs 38) and more cryptocurrencies (9 vs 4) than NPBFX.
ThinkMarkets vs NPBFX Trading Fees Comparison
ThinkMarkets and NPBFX both have variable spreads that depend on the market conditions and the type of account. ThinkMarkets claims to offer spreads as low as 0.4 pips on its Standard account and 0 pips on its ThinkZero account, while NPBFX claims to offer spreads as low as 0.4 pips on its Master account and 0 pips on its Expert account.
However, the actual spreads may vary depending on the liquidity and volatility of the market. Both brokers also charge commissions on some of their accounts, which are $3.5 per lot per side for ThinkMarkets’ ThinkZero account and $10 per lot per side for NPBFX’s Expert account.
ThinkMarkets vs NPBFX Account Types Comparison
ThinkMarkets and NPBFX both have three types of accounts for different levels of traders: Standard (or Basic), Pro (or Master), and VIP (or Expert). The main differences between the accounts are the minimum deposit, the leverage, the spread, and the commission. ThinkMarkets requires a higher minimum deposit than NPBFX for all its accounts ($500 vs $10 for Standard, $2000 vs $5000 for Pro, and $25000 vs $10000 for VIP).
ThinkMarkets also offers lower leverage than NPBFX for all its accounts (30:1 vs 1000:1 for Standard, 400:1 vs 500:1 for Pro, and 200:1 vs 200:1 for VIP). However, ThinkMarkets has lower spreads than NPBFX for its Standard and Pro accounts (0.4 pips vs 0.8 pips for Standard and 0 pips vs 0.4 pips for Pro), while NPBFX has lower spreads than ThinkMarkets for its VIP account (0 pips vs 0 pips). ThinkMarkets also has lower commissions than NPBFX for its VIP account ($3.5 vs $10 per lot per side).
ThinkMarkets vs NPBFX Deposit Options Comparison
ThinkMarkets and NPBFX both offer various payment methods for depositing and withdrawing funds from their accounts, such as credit/debit cards, wire transfer, e-wallets, and cryptocurrencies. However, ThinkMarkets has more options than NPBFX, such as PayPal, BPAY, Ethereum, Tether (USDT), etc. Both brokers do not charge any fees for deposits or withdrawals, but they may have some limitations on the minimum or maximum amount or the processing time.
ThinkMarkets vs NPBFX Trading Platforms Comparison
ThinkMarkets and NPBFX both provide their clients with the popular MetaTrader 4 (MT4) platform, which is widely used by traders around the world for its user-friendly interface, advanced charting tools, custom indicators, expert advisors (EAs), and automated trading features. However, ThinkMarkets also offers another platform called ThinkTrader (formerly Trade Interceptor), which is a proprietary platform that has an intuitive design, powerful analytical tools, consistent trading experience across mobile, desktop and web versions. Additionally, ThinkMarkets also offers MetaTrader 5 (MT5), which is an upgraded version of MT4 with more technical indicators, timeframes, strategy tester, and economic calendar.
ThinkMarkets vs NPBFX Analytical Tools Comparison
ThinkMarkets and NPBFX both provide their clients with various analytical tools to help them with their trading decisions, such as market news, economic calendar, trading signals, and expert insights. However, ThinkMarkets has more tools than NPBFX, such as Autochartist, Trading Central, and VPS service.
ThinkMarkets vs NPBFX. Which forex broker is better? Which forex broker should you choose?
ThinkMarkets and NPBFX are both reputable forex brokers that offer a variety of trading services and features. However, there is no definitive answer to which one is better or which one you should choose, as it depends on your personal preferences, trading goals, and risk appetite. ThinkMarkets and NPBFX have their own strengths and weaknesses, and you may find one more suitable for your needs than the other. However, before you make your final decision, you should always do your own research, read reviews from other traders, and test the brokers’ services with a demo account or a small deposit. This way, you can ensure that you are making an informed and confident choice.
