There are many Forex brokers built and developed in the financial market. As is known, the trading floor is an extremely important factor in order to create a solid base for investors to access the market and develop long-term in the field of forex trading. One of the markets that traders need to stay informed and understand is NPBFX. This is considered an ideal broker for those who specialize in automated trading, copy trading or algorithmic trading and scalpers.
NPBFX has been in the forex market for more than 2 decades. New traders will think that this broker is very reputable and quality right? But we cannot make judgments without fully grasping the internal factors. Therefore, this article will have an NPBFX affiliate program review, helping you to have a more accurate view. Follow along!
What is the NPBFX affiliate program?
NPBFX (Nefteprombank) is a well-known broker that specializes in forex and financial products in general. Established in 1996, it was not until 2013 that NPBFX officially entered the online Forex market. On the 1st of January, 2016 the company was rebranded and got a new name of NPBFX and introduced a new trading platform, NPB Trader, which connects traders with liquidity providers through a proprietary bridge, allows avoiding the conflict of interests between client and the broker.
NPBFX affiliate program: Key Feature
NPBFX’s Clients
The service portfolio of NPBFX company is designed to cater to various types of clients with different trading strategies and needs. Below is a breakdown of the services offered:
- Individual traders with “classic” trading strategies
- Algorithmic traders, HFT-traders, “scalpers”
- Traders who need liquidity for large trading volumes
- Institutional clients and partners
- Traders with individual needs
Trading Products
The product portfolio is not NPBFX’s strong point when it mainly provides only the main trading instruments including: forex, indices, stocks, ETFs, energies, cryptocurrencies in a rather limited quantity.
Forex: Offers over 41 major, cross and exotic currency pairs.
Metals: Gold and Silver.
Commodities: Provide 3 products including: Brent oil, WTI oil and natural gas.
Cryptocurrencies: Offers 5 popular cryptocurrencies such as: BTC, BCH, LTC, ETH and XRP.
Indices: Provides more than 11 popular indices such as NASDAQ, S&P500, Dow Jones, etc.
Stocks & ETFs: Provides a list of stocks in major international companies such as: Tesla, Apple, Microsoft, etc.
Broker customer service model
A broker customer service model is a framework that outlines how a brokerage firm interacts with its customers to provide support and assistance. The following are the common elements of a broker customer service model:
Leverage
NPBFX affiliate program supports a maximum leverage of 1:1000. However, this ratio will be changed based on the investor’s capital.
Commission fee
Most of the exchanges operating in the market at this time are aiming to not charge commissions. Therefore, NPBFX affiliate program is also completely free of commission for all 3 accounts on all products when trading at the exchange.
NPBFX customer care service
The official website of NPBFX affiliate program has an interface that supports 6 languages: English, Indonesian, Malaysian, Russian, French, and Arabic making it easier to find information. NPBFX provides customer care via chat, phone and email, available 24 hours a day, 5 days a week.
Trading platforms and technical solutions
In order to provide clients with the best rates from tier-1 banks and ECN systems (Integral, Currenex, Hotspot), NPBFX’s servers have been located at Equinix NY4 data center, New York. In addition, NPBFX also provides a number of tools such as ZuluTrade, STP/NDD technology, etc. to assist in trend analysis and provide the most accurate trading strategy.
STP/NDD technology
NPBFX serves clients in the forex market using a broker-only model: each client’s trade is routed to a liquidity provider (interbank money market). Orders are sent to the interbank forex market by automatic mode using STP/NDD (Straight-through processing/Non Dealing Desk) technology.
MetaTrader 4
MetaTrader 4 (МТ4) is the world’s most popular trading and analysis platform for online forex trading. In addition, MT4 is integrated with modern functions to perform trading operations, control trading accounts, analyze price charts and develop trading strategies.
ZuluTrade
Zulutrade is a social trading platform that allows traders to find successful traders ranked by ZuluRank – an algorithm that accurately assesses performance, and then copy trades in their real accounts. Accordingly, Copy traders can fully manage their accounts through a customizable account management system. The system is equipped with a risk management feature like ZuluGuard – a layer of protection against risky trading strategies.
NPBFX Bonus Program
At NPBFX, the broker has a program to deposit an amount of 100 USD or 100 EUR into your trading account. You will receive cashback in your account for each completed transaction as follows:
- Bonus up to 60% spread (up to $7/lot)
- Cashback is fully withdrawable and can be used for trading
- Pay up to $10,000 per month
- Minimum order quantity from 0.01 lot
- Can trade with the scalping method and EA
- Highly transparent scoring system
Account Types
When you join the NPBFX affiliate program, you will have the opportunity to choose from a relatively diverse range of trading accounts on the exchange. Although currently, the exchange only specifically supports 3 types of accounts: Master – Expert – Vip, but each account type has distinct characteristics and is clearly segmented by investment grade.
Master
Suitable for new traders, who do not know or know forex trading, limited capital, not much experience in analyzing and predicting market prices.
Trading platforms: MetaTrader 4, MetaTrader 4 for iPhone/iPad, MetaTrader 4 for Android, NPBFX Trader
Spread: from 0,8 pips (average 1,2 pips)
Automated trading with the help of advisors: Allowed
Commission: No commission
Minimum deposit: 10 USD, 10 EUR, 500 RUB
Minimum trade volume: 0,01 (1 000 units of the base currency)
Leverage: 1:1000
Expert
Suitable for traders who know forex trading, stable capital, experience in combat, accept risks at any time.
- Trading platforms: MetaTrader 4, MetaTrader 4 for iPhone/iPad, MetaTrader 4 for Android, NPBFX Trader
- Spread: from 0,6 pips (average 1,0 pips)
- Automated trading with the help of advisors: Allowed
- Commission: No commission
- Minimum deposit: 5 000 USD, 5 000 EUR, 300 000 RUB
- Minimum trade volume: 1,0 (100 000 units of the base currency)
- Leverage: 1:200
VIP
Only suitable for experienced traders, really high capital and seasoned trading experience, acumen, deep understanding of the market situation, and a very high sense of responsibility before the changes. your transaction.
Trading platforms: MetaTrader 4, MetaTrader 4 for iPhone/iPad, MetaTrader 4 for Android, NPBFX Trader
Spread: from 0,4 pips (average 0,8 pips)
Automated trading with the help of advisors: Allowed
Commission: No commission
Minimum deposit: 50 000 USD, 50 000 EUR, 3 000 000 RU
Minimum trade volume: 1,0 (100 000 units of the base currency)
Leverage: 1:200
Sign up for the NPBFX Affiliate Program
To sign up for the NPBFX affiliate program, you can follow these steps:
- Go to the NPBFX website at https://npbfx.com/en/ and click on the “Partners” tab in the top menu.
- Click on the “Affiliate Program” option.
- Scroll down the page and click on the “Register Now” button.
- Fill out the registration form with your personal details, including your name, email address, phone number, and country of residence.
- Select the type of partnership you want to register for, whether it is “Webmaster,” “Individual,” or “Legal Entity.”
- Provide any additional information required by the registration form.
- Agree to the terms and conditions of the affiliate program and click the “Register” button.
Once your registration is complete, you will receive a confirmation email with instructions on how to access your affiliate dashboard and start promoting NPBFX to earn commissions.
NPBFX affiliate program: Payment Options
NPBFX affiliate program allows traders to use the following payment methods to fund accounts and withdraw money: Bank Wire, VISA, MasterCard, FasaPay, Local Bank Deposits, Local Bank Transfers, Maestro, Neteller, Ngan Luong, Qiwi, Skrill, WebMoney, Yandex Money
In addition, there are some notes you need to pay attention to when making deposit and withdrawal orders at the floor as follows:
For deposit orders: there is usually no deposit fee and when making a payment with the Internet banking portal, you may incur a fee incurred from the bank. The processing time for this type of order is usually immediate or at the latest 1 day.
For withdrawal orders: when making this type of order, you need to note that when you deposit in any form, you must withdraw money in that form.
How to fund your account with bank cards (Visa, MasterCard, Maestro)?
- Sign in service «Personal office» (or Register if you do not have a Personal office).
- In Personal office in the section «Billing», select «Deposit account».
- Select the trading account (If you do not have trading account, you must first open it in the Personal office).
- Choose «Visa/MasterCard» payment method.
- If you first time depositing funds using the card — you will need to add and verify your card by clicking on the «Add card». If your card is already added to the Personal office — you need to select it from the list.
- Please select your country of residence.
- Enter the amount of payment in the currency of trading account and click on «Deposit». You will be redirected to the payment system to confirm the transaction.
How to fund your account with Electronic Payment Systems (WebMoney/QIWI Wallet/etc)
- Sign in service «Personal office» (or Register if you do not have the Personal office).
- In Personal office in the section «Billing», select «Deposit account».
- Select the trading account (If you do not have trading account, you must first open it in the Personal office).
- Choose «WebMoney/QIWI/etc ment system to confirm the transaction.
How to fund your account with Local Bank Transfer for SEA (Zotapay)?
- Sign in «Personal Area» (or register it if you do not have it yet).
- In Personal office in the section «Billing», select «Deposit account».
- Select the trading account (If you do not have trading account, you must first open it in the Personal office).
- Choose Instant local bank transfer as a payment method.
- Enter the amount of payment in the currency of trading account and click on «Deposit». You will be redirected to online banking login page to confirm the transaction.
NPBFX affiliate program: Pros & Cons
Pros
- Diversified trading accounts, suitable for many customer segments
- Low total transaction fee, not too high spread, 100% commission free
- Low minimum deposit on Master account (from 10 USD)
- High maximum support leverage
- Modern, popular trading platform
- Diverse deposit and withdrawal ports
- Loyalty program offered for loyal customers
- Demo account provided
- Real-time trading signals
- Both NDD and STP broker model
- Choice in dynamic trading accounts
- Competitive trading conditions offered
Cons
- The minimum deposit requirement on Expert and VIP accounts is quite large
- No metal products yet
- Complicated withdrawal process
FAQs
Is NPBFX affiliate program safe?
Yes. NPBFX affiliate program is regulated by the Mexican International Financial Services Commission (IFSC). At the same time, the NPBFX exchange is also a member of The Financial Commission – The Financial Commission protects NPBFX corporate clients by guaranteeing a refund from the Compensation Fund with a maximum compensation of EUR 20,000 for each claim. However, the level of prestige is not really high because it has not been licensed by leading agencies such as ASIC, FCA, CySEC, …
How can I fund my NPBFX account?
NPBFX affiliate program accepts deposits via bank transfer, local banks, debit/credit cards. Besides, there are online e-wallets such as Skrill, Neteller, FasaPay, WebMoney, Qiwi Wallet and Yandex Money.
How to start trading with NPBFX?
When opening a trading account with NPBFX you will receive your login details by email, and submit your identification for account verification and deposit; the next step is to download the trading platform of your choice. You will need to provide some basic documents to prove your identity when joining NPBFX and checking your KYC identity. These checks are standard practice and help NPBFX provide a secure financial environment for their 10,000 users.
What fees does NPBFX charge for trading?
NPBFX charges only (relatively low) spreads and is completely commission free on all accounts.
What should I do if I have a withdrawal problem at NPBFX?
You should run into payment issues, speak to the broker’s customer support team. If problems persist, see the NPBFX resolution centre.
Conclusion
Through the above information and its more than 15 activities, it can be seen that NPBFX affiliate program is a broker that offers quite competitive trading conditions in the forex market. With a number of advantages such as trading accounts suitable for many levels of traders, stable transaction fees, diverse trading platforms, etc., it is close enough for you to choose to accompany on your journey. Hopefully, through this review, you have gained the necessary knowledge to help you choose a trading platform more accurately. If you still have any questions about NPBFX, please contact us, we’ll be happy to help!