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NPB foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.hokuyobank.co.jp/ir/english/, about the company's legal and temporary regulatory information, the company's address 7, Odori Nishi 3-chome, Chuo-ku, Sapporo.

NPB Forex Broker

Basic Information

Registered Region
Japan
Operating Period
--
Company Name
North Pacific Bank,LTD
Abbreviation
NPB
Company employee
--
Company address
7, Odori Nishi 3-chome, Chuo-ku, Sapporo
Keywords
5-10 years
Suspicious Regulatory License
High potential risk

Company profile

NPB Review Summary Founded1917 Registered Country/RegionJapan RegulationNot regulated Products and ServicesSavings accounts, loans, insurance, investment trusts, foreign exchange Demo Account❌ Trading PlatformNorth Pacific Bank App, Internet Investment Trust Direct Customer SupportLost Card Center: 0570-079-456 (24/7) Asset Mgmt Support: 0120-824-014 (Weekdays 9:00–17:00) NISA Inquiries: 0120-213-505 (Weekdays 9:00–19:30; Weekends 10:00–16:00) FX Help Desk: 011-261-1328 (Weekdays 9:00–17:00) Loan Inquiries: 0120-608-552 (Weekdays 9:00–17:00) Credit Cards: 0570-019-680 (Weekdays 9:00–17:00) Internet Banking: 0120-161-697 or 011-290-6833 (Weekdays 9:00–17:00)NPB Information Founded in 1917 and located in Japan, North Pacific Bank runs as a conventional regional bank. It is not regulated for investment or trading services and does not offer forex, CFD, or cryptocurrency trading. Its services are focused on deposits, loans, insurance, and foreign currency accounts.Pros and Cons ProsCons Offers a wide range of personal and retail banking productsNot a licensed broker for trading or investment Well-established with physical presence in JapanHigh fees for international remittance and FX services Mobile banking and mutual fund investment accessNo trading accounts or demo/Islamic account optionsIs NPB Legit? NPB (North Pacific Bank Ltd. or any connected entity using the name “NPB” as a trading platform) is not a controlled broker. Though it is registered in Japan, there is no legitimate license or permission from Japan's Financial Services Agency (FSA), the national statutory financial authority. The WHOIS record shows the domain hokuyobank.co.jp was registered on November 15, 2000 and is now active; its most recent update was recorded on December 1, 2024. The domain appears under North Pacific Bank, Ltd., a valid Japanese bank.Products and Services North Pacific Bank provides a broad spectrum of conventional banking and financial services. It does not offer CFDs or Crypto, two speculative trading instruments. Its products, on the other hand, concentrate on insurance services, loans, investment trusts, and banking. Product/Service TypeOffered Savings & Deposit Accounts✅ Loans (Mortgage, Auto, etc.)✅ Investment Trusts (Mutual Funds)✅ Insurance✅ Foreign Exchange Services✅ Securities / Stocks Trading❌ CFD / Crypto❌ Retirement & Pension Plans✅ ATM & Internet Banking✅Account Types North Pacific Bank offers several types of deposit accounts tailored to specific life needs such as education, marriage, or guardianship. These are not trading accounts, and there is no demo or Islamic account offered, as the bank is a traditional financial institution rather than a trading platform. Account TypeDescriptionSuitable For General Account (Regular Deposit)Standard yen-denominated savings/deposit accountGeneral personal banking users Deposits for Educational Donations (Yell)Tax-advantaged deposits intended for education-related giftingParents or guardians saving for education Marriage & Child-rearing Gift Deposits (Happy Yell)Designed for gifting funds related to marriage or raising childrenFamilies planning life events Guardianship System Support DepositAccount aligned with legal guardianship and asset management needsElder care or family legal guardians Web Account (Online Setup)Internet-based general deposit accountCustomers preferring remote accessNPB Fees NPB does not operate as a traditional online forex or CFD broker, and its fee structure is oriented around foreign currency exchange and banking services. Compared to industry-standard trading platforms, its fees are relatively high—particularly for international remittance and currency conversion. Currency PairT.T.S. (Sell Rate)T.T.B. (Buy Rate)Spread (TTS - TTB) USD/JPY143.57141.572 EUR/JPY163.64160.643 GBP/JPY194.99186.998 AUD/JPY92.9488.944 NZD/JPY86.582.54 CHF/JPY173.81721.8 CAD/JPY104.65101.453.2Non-Trading Fees Non-trading Fee TypeFee Details Deposit Fee¥1,500 (incoming remittance handling) + lifting charge (min ¥2,500) Withdrawal Fee¥7,500 for international wire transfers; lifting charge may also apply Inactivity FeeNot disclosed Outgoing Remittance Inquiry Fee¥5,000 Change/Reversal Fee¥5,000 per request Lifting Charge (Outbound)1/20% of the remittance amount (min ¥2,500) Lifting Charge (Inbound)1/20% of the amount received (min ¥2,500) Paying Bank Fee (optional)¥3,000Trading Platform Trading PlatformSupportedAvailable DevicesSuitable for What Kind of Traders North Pacific Bank App✔iOS, Android (Smartphones)Everyday banking and mobile users managing personal finance Internet Investment Trust Direct✔Web BrowserInvestors using online access for mutual/investment trusts MetaTrader 4 (MT4)❌–Not supported MetaTrader 5 (MT5)❌–Not supported

NPB broker review

Rating Index

  

NPB Forex Broker - Complete Information Guide

  

1. Broker Overview

  Company Name and Establishment Date

  NPB, or North Pacific Bank, Ltd., was established in 1996.

  Headquarters and Main Offices

  The broker is headquartered in Sapporo, Japan, with its primary office located at 7, Odori Nishi 3-chome, Chuo-ku, Sapporo.

  Company Nature

  NPB operates as a private company, focusing on providing financial services without being publicly traded.

  Primary Markets and Clientele

  The broker primarily serves retail forex traders and institutional clients, offering a range of trading products across different financial markets.

  Company Development and Milestones

  Since its inception, NPB has made significant strides in the financial services sector, adapting to the evolving market dynamics and expanding its service offerings. Key milestones include the development of advanced trading platforms and the introduction of various financial products tailored to meet client needs.

  Parent Company or Group Relations

  NPB operates independently and is not known to have any direct parent company or group affiliations.

  Business Model Introduction

  The broker follows a retail forex business model, providing services to individual traders and institutional clients, including market making and liquidity provision. This model allows NPB to cater to a diverse clientele while maintaining competitive trading conditions.

  

2. Regulatory and Compliance Information

  Main Regulatory Authorities List

  NPB operates without any valid regulatory licenses, which raises concerns about its compliance and oversight.

  Regulatory Numbers

  As there is no valid regulatory information available, no specific regulatory numbers can be provided.

  Validity and Scope of Regulatory Licenses

  The absence of regulatory licenses indicates that NPB does not operate under the supervision of any recognized financial authority, which poses potential risks for clients.

  Legal Entities in Different Regions

  NPB is registered in Japan and primarily serves clients in the Asia-Pacific region. However, it lacks legal entities in other jurisdictions due to its unregulated status.

  Client Funds Segregation Policy

  Details regarding client funds segregation policies are not available, which is concerning for prospective clients looking for secure trading environments.

  Participation in Investor Compensation Funds

  NPB does not participate in any investor compensation schemes, potentially leaving clients without recourse in the event of financial disputes or broker insolvency.

  KYC and AML Compliance Measures

  There is no specific information available regarding the broker's Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, which is critical for ensuring the integrity of financial transactions.

  

3. Trading Products and Services

  Number of Forex Currency Pairs and Major Types

  NPB offers a selection of forex currency pairs, although the exact number is unspecified. Major pairs typically include EUR/USD, GBP/USD, and USD/JPY, which are standard offerings among forex brokers.

  CFD Product Categories

  The broker provides a range of Contracts for Difference (CFDs) across various asset classes, including indices, commodities, stocks, and cryptocurrencies. This diversity allows traders to engage in multiple markets from a single platform.

  Unique or Exclusive Trading Products

  While specific unique products are not highlighted in the available information, NPB is known for offering competitive spreads and trading conditions that may appeal to traders looking for advantageous trading opportunities.

  Product Update Frequency and New Additions

  Details regarding the frequency of product updates or the introduction of new trading instruments are not disclosed.

  Retail Trading Services

  NPB provides services to retail traders, allowing access to various financial instruments and trading platforms, although the specifics of these services are not extensively detailed.

  Institutional Client Services

  The broker also caters to institutional clients, providing liquidity solutions and tailored trading services to meet their specific needs.

  White Label Solutions

  Information regarding white label solutions is not available, which might limit options for businesses seeking to establish their own trading platforms under NPB's infrastructure.

  Asset Management Services

  There are no details provided about asset management services that NPB may offer to its clients.

  

4. Trading Platforms and Technology

  MetaTrader 4/5 Support Status

  NPB supports the popular trading platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing traders with robust tools for market analysis and trade execution.

  Proprietary Platform Details

  There is no information available regarding any proprietary trading platforms developed by NPB, which may limit the customization options for traders.

  Web-Based Trading Platform

  NPB offers a web-based trading platform, allowing clients to trade directly from their browsers without the need for additional software installations.

  Mobile Application Support

  The broker supports mobile trading applications for both iOS and Android devices, enabling traders to manage their accounts and execute trades on the go.

  Execution Model (ECN, STP, Market Making)

  The execution model employed by NPB is not explicitly stated, which is crucial for understanding how trades are processed and the potential impact on trading conditions.

  Server Locations and Technical Infrastructure

  Information regarding server locations and the underlying technical infrastructure is not provided, which could affect the performance and reliability of trading services.

  API Access and Automated Trading Support

  There is no specific mention of API access or support for automated trading strategies, which are essential features for algorithmic traders.

  

5. Account Types and Trading Conditions

  Standard Account Conditions

  The specifics of standard account conditions, including minimum deposit requirements, spreads, and commissions, are not detailed in the available information.

  Advanced Account Types

  Information regarding advanced account types, such as VIP or professional accounts, is not provided.

  Special Account Types

  Details about special accounts, such as Islamic accounts or corporate accounts, are not available.

  Demo Account Policy

  The policy regarding demo accounts is not specified, which could be a concern for traders looking to practice before committing real funds.

  Leverage Ratio Range

  The leverage ratios offered by NPB for different products are not mentioned, which is crucial for risk management and trading strategy formulation.

  Minimum Trade Size

  Information about the minimum trade size or lot sizes is not provided, which is important for traders planning their positions.

  Overnight Fees Policy

  Details regarding overnight fees or swap rates applicable to trades are not available.

  

6. Fund Management

  Supported Deposit Methods

  NPB supports various deposit methods, including bank transfers, credit cards, and e-wallets, although specific details are not provided.

  Minimum Deposit Requirements

  The minimum deposit requirements for different account types are not specified, which can affect traders' decisions.

  Deposit Processing Times

  Information regarding the processing times for deposits is not available, which is critical for traders needing timely access to funds.

  Deposit Fees

  Details about any fees associated with deposits are not specified, which can impact overall trading costs.

  Withdrawal Methods and Restrictions

  The methods available for withdrawals and any associated restrictions are not detailed, raising concerns about the flexibility of accessing funds.

  Withdrawal Processing Times

  Information regarding the processing times for withdrawals is not available, which is essential for managing liquidity.

  Withdrawal Fee Structure

  Details on the fee structure for withdrawals are not provided, which could influence traders' decisions regarding fund management.

  

7. Customer Support and Educational Resources

  Support Channels

  NPB provides customer support through various channels, including phone, email, online chat, and social media, ensuring that clients can reach out for assistance as needed.

  Service Hours and Time Zone Coverage

  The specific service hours and time zone coverage for customer support are not disclosed, which may affect availability for international clients.

  Multilingual Support

  Information regarding the languages supported by the customer service team is not provided, which is important for catering to a diverse clientele.

  Educational Resource Types

  NPB offers a range of educational resources, including webinars, tutorials, and e-books, aimed at helping traders enhance their skills and knowledge.

  Market Analysis Services

  The broker provides market analysis services, including daily analysis, news updates, and research reports, to keep traders informed about market trends and developments.

  Trading Tools

  NPB offers various trading tools, including calculators, calendars, and signal services, to assist traders in making informed decisions.

  

8. Regional Coverage and Restrictions

  Primary Service Markets

  NPB primarily serves clients in the Asia-Pacific region, particularly in Japan.

  Regional Office Distribution

  The broker's operations are centralized in Japan, with no information available about regional offices in other locations.

  Countries/Regions Not Accepting Clients

  Specific countries or regions from which clients are not accepted are not detailed, which is critical for potential clients to know.

  Special Restrictions Explanation

  There are no specific restrictions mentioned regarding the broker's services, which could be relevant for compliance and regulatory considerations.

  In summary, while NPB offers a range of services as a forex broker, its lack of regulation and transparency regarding various operational aspects may pose risks for potential clients. It is advisable for traders to conduct thorough research and consider these factors before engaging with the NPB broker.

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NPB Forex Broker has an overall rating of 1.50, Regulatory Index 0.00, License Index 0.00, Business Index 6.89, Software Index 4.00 Risk Control Index 0.00.