NPBFX, formally known as National Petroleum Bank Forex, is a well-established brokerage firm that has been operating since 1996. The company was initially registered under Nefteprombank, a Russian financial institution, and later rebranded to NPBFX in 2016. The broker is headquartered in Saint Vincent and the Grenadines, with additional offices in various regions, including the United Kingdom and Russia. NPBFX operates as a private company, catering primarily to retail clients while also providing services to institutional clients.
Over the years, NPBFX has built a solid reputation in the financial markets, marked by its commitment to providing comprehensive trading services. The company has achieved several milestones, including becoming a member of the Financial Commission, which offers certain protections for traders. NPBFX employs a straight-through processing (STP) model, ensuring that client orders are executed directly in the interbank market, thus minimizing conflicts of interest.
The primary markets served by NPBFX include forex, commodities, and indices, attracting a diverse clientele ranging from novice traders to experienced professionals. With its long-standing history and commitment to transparency, NPBFX has positioned itself as a reliable partner for traders seeking to access the forex market.
NPBFX is regulated by the International Financial Services Commission (IFSC) of Belize, holding license number IFSC/60/342/TS/15. Additionally, NPBFX is a member of the Financial Commission, which provides a compensation fund for traders, ensuring coverage of up to €20,000 per trader in case of disputes that are not resolved in their favor.
The broker adheres to strict Know Your Customer (KYC) and Anti-Money Laundering (AML) measures, ensuring that client identities are verified and that transactions are monitored to prevent fraudulent activity. Client funds are kept in segregated accounts, meaning that they are maintained separately from the company's operational funds, providing an additional layer of security for traders.
Despite its membership in the Financial Commission, NPBFX does not hold licenses from major regulatory authorities, which may raise concerns for some traders regarding the overall safety of their investments. However, the financial commission provides some level of oversight and dispute resolution.
NPBFX offers a diverse range of trading products, primarily focusing on forex trading. The broker provides access to over 38 currency pairs, including major pairs such as EUR/USD and GBP/USD. In addition to forex, NPBFX offers trading in commodities, including gold, silver, and oil, as well as indices and cryptocurrencies.
The trading environment at NPBFX is designed to cater to various trading strategies, including scalping, hedging, and algorithmic trading. The broker continuously updates its product offerings, ensuring that traders have access to the latest market instruments. NPBFX also provides social trading options through the ZuluTrade platform, allowing traders to follow and copy the strategies of successful traders.
For institutional clients, NPBFX offers tailored solutions, including liquidity provision and access to advanced trading technologies, further enhancing its service portfolio.
NPBFX exclusively utilizes the MetaTrader 4 (MT4) trading platform, renowned for its user-friendly interface and comprehensive features. MT4 supports various trading tools, including advanced charting capabilities, technical indicators, and automated trading through Expert Advisors (EAs).
The broker does not currently offer the MetaTrader 5 (MT5) platform, which may limit advanced traders seeking more sophisticated trading tools. The trading execution model employed by NPBFX is STP, ensuring that orders are executed at the best available market prices without any re-quotes.
NPBFX provides a web-based trading platform, allowing traders to access their accounts from any internet-enabled device. Additionally, mobile trading applications are available for both iOS and Android devices, enabling traders to manage their accounts on the go.
The broker's servers are strategically located to ensure low latency and high-speed order execution, enhancing the overall trading experience for clients.
NPBFX offers three main account types to cater to different trading preferences and experience levels:
Master Account: Designed for beginners, this account requires a minimum deposit of $10. The spread starts from 0.8 pips, and there are no commissions charged on trades.
Expert Account: This account is suitable for more experienced traders, requiring a minimum deposit of $5,000. The spread starts from 0.6 pips, and it allows for higher leverage up to 1:200.
VIP Account: Tailored for high-net-worth individuals and professional traders, the VIP account requires a minimum deposit of $50,000. The spread starts from 0.4 pips, and it also allows for leverage up to 1:200.
All account types support various trading strategies, including scalping and hedging. NPBFX does not charge inactivity fees, providing additional flexibility for traders.
NPBFX supports a variety of deposit methods, including bank transfers, credit/debit cards, and e-wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, with the Master Account requiring just $10.
Deposits are typically processed instantly, allowing traders to start trading without delay. NPBFX does not charge deposit fees, making it cost-effective for traders to fund their accounts.
Withdrawals can be made using the same methods as deposits, and NPBFX does not charge withdrawal fees for the first transaction. However, subsequent withdrawals may incur fees depending on the payment method used. The withdrawal process generally takes 1-3 business days to complete.
NPBFX offers multiple customer support channels, including email, live chat, and telephone support. The support team is available 24/5, providing assistance in various languages, including English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic.
The broker provides educational resources to help traders improve their skills. These include webinars, tutorials, and daily market analysis reports. Additionally, NPBFX offers trading tools such as calculators and economic calendars to assist traders in their decision-making processes.
NPBFX serves a global client base, with a significant presence in regions such as Kazakhstan, Russia, and Ukraine. However, the broker does not accept clients from certain countries, including the United States, Canada, and Japan, due to regulatory restrictions.
The broker's services are designed to comply with local regulations in the regions it operates, ensuring that clients have access to a secure trading environment. NPBFX continues to expand its reach, adapting to the needs of traders in various markets.
In summary, NPBFX is a well-established broker offering a range of trading products and services. While it has certain advantages, such as competitive spreads and a user-friendly trading platform, potential clients should be aware of its regulatory status and consider the associated risks before engaging in trading activities.
FX3502171197
Vietnam
After more than 1 year of investment, I find this a standard investment platform; I am 70% satisfied throughout my investment process. There is support during my investment period. Deposits and withdrawals have moderate approval times, but they are safe and effective.
Exposure
06-23
FX1316132843
Israel
Subject: URGENT: Unauthorized Profit Seizure Broker: NPBFX (NMarkets Limited) Disputed Amount: $345.62 Summary: On 2026-05-21, NPBFX arbitrarily deducted $345.62 from my live account. This constitutes a theft of realized profits, not a cancellation of bonus funds. This action directly violates Clause 2.6 of their promotional terms (bonus_2.pdf). Current Status: The broker is currently stalling the investigation via Ticket, attempting to delay resolution to gain time. Demand: I demand the immediate restoration of the $345.62 to my account. This is a formal notice of financial misconduct. Failure to resolve this immediately will result in further escalation to international regulatory bodies and the Financial Commission.
Exposure
06-05
FX4001433412
United Arab Emirates
I started participating in NPBFX trading competitions while I was in Pakistan. I am now in Dubai for work, but I have continued my journey with NPBFX and still participate in their trading competitions. My trading journey has been full of learning and improvement. I achieved 4th place in 2025 and later improved my performance by achieving 3rd place in July 2026. Even after moving to Dubai, I have continued working on my trading skills and strategies. I hope that one day, InshaAllah, I will achieve 1st place and win the iPhone prize. My journey with NPBFX is still continuing, and I am looking forward to achieving even better results in the future.
Positive
2026-08-08
FX1966831348
Russia
I would like to share my experience of participating in the "Traders' Battle\" contest organized by NPB Markets. From the very beginning, I was attracted by the professional organization of the contest and the opportunity to test my skills in trading on financial markets. The contest was held in a tense but friendly atmosphere. I was pleasantly surprised by the level of the participants. The platform provided by NPB Markets was intuitive and easy to use. I could easily track my results and compare them with other participants. This added excitement and motivation to continue improving my trading strategies. In addition, I appreciated the availability of educational materials and webinars that helped me better prepare for the contest. Overall, I recommend all traders to take part in the \"Traders' Battle" by NPB Markets. This is a great opportunity not only to test your strength, but also to meet like-minded people and gain new knowledge. Thank you, NPB Markets, for organizing such an interesting event!
Positive
2026-08-08
christine mehua
Indonesia
I have some experience on this broker. Deposit and withdrawal fast. MT4 only is the best one. Im trying trading demo competion and got 15th. Thank you
Positive
2026-08-07
FX2299948485
Netherlands
Systematic withdrawal delays and method restrictions (almost 2 months) Broker: NPBFX (NPB Markets) Account: 303862 (USD) On May 11, 2026, I submitted withdrawal requests for $5450. Withdrawal to card was ignored. Requests for USDT TRC20 were cancelled ("incorrect details"). After that, all crypto methods and withdrawal to Russian cards were removed from the personal account. I opened a ruble account, made an internal transfer, but there were also withdrawal restrictions placed there. Only WebMoney remained. • May 25: $150 to WebMoney - withdrawn with high fees, I received only $96. • June 8: $450 to WebMoney • June 13: $400 to WebMoney As of June 30, these two requests have not been fulfilled. Remaining to be paid: $5339.10. I received no response to all inquiries to support asking for an explanation of the reasons for the delays. Deadlines are constantly extended (latest - until July 10!!!). Trading was conducted using permitted strategies, verification completed. Rating: 1/10 Recommendation: Not recommended for profit withdrawal. High risk of delays and restrictions.
Exposure
06-30