Search

Rating Index

Pros

Regulated by ASIC, providing a level of security and trust for traders.
Offers a variety of educational materials and ongoing support, making it suitable for both beginners and experienced traders.
Provides proprietary trading strategies that can help traders identify profitable opportunities with lower risk.

Cons

Traders only keep 70% of their profits, which is lower compared to other proprietary trading firms that typically offer 80% or more.
The monthly fee of $197 may be a barrier for some traders, especially beginners.
Limited leverage options for certain asset classes, which may restrict trading potential for some users.

NPF broker Accounts

NPF Trader Account Types

NPF Trader offers various account types designed to cater to different trading needs and levels of experience. The primary account types include:

  • Start-up Account:
    • Capital: $25,000
    • Fee: $240 (one-time payment)
    • Profit Share: 70%
    • Evaluation Target: 10% profit
    • Drawdown Limits: 4% daily drawdown, 5% maximum trailing drawdown
    • Competent Account:
      • Capital: $100,000
      • Fee: Specific fee not disclosed
      • Profit Share: 70%
      • Evaluation Target: 10% profit
      • Drawdown Limits: 4% daily drawdown, 5% maximum trailing drawdown
      • Transition Account:
        • Capital: $50,000
        • Fee: Specific fee not disclosed
        • Profit Share: 70%
        • Evaluation Target: 10% profit
        • Drawdown Limits: 4% daily drawdown, 5% maximum trailing drawdown
        • Progressive Account:
          • Capital: Up to $1,925,000
          • Fee: Specific fee not disclosed
          • Profit Share: 70%
          • Evaluation Target: 10% profit
          • Drawdown Limits: 4% daily drawdown, 5% maximum trailing drawdown

          NPF Trader Broker Account Opening Process

          Opening an account with NPF Trader is a straightforward process that involves the following steps:

          • Choose Your Account Type:
            • Select the account type that best fits your trading needs (Start-up, Competent, Transition, or Progressive).
            • Complete the Evaluation:
              • Pay the required fee for the chosen account type (e.g., $240 for the Start-up account).
              • Follow the evaluation rules, which typically include placing stop-loss orders and achieving a profit target of 10%.
              • Submit KYC Documents:
                • After passing the evaluation, submit your KYC (Know Your Customer) documents, such as a passport or driver‘s license.
                • Get Funded:
                  • Once your documents are verified, you will receive funding for your live account within 24 to 48 hours.
                  • Start Trading:
                    • Begin trading with NPF Trader’s capital, keeping 70% of the profits you generate.

                    For more details, visit the NPF Trader website: NPF Trader

NPF accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
NPF Account