NPBFX

( 1.79 )
19 reviews
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This company shows several warning signs of potential fraud.
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Key Highlights Critical Insights
Pros|Cons Details FAQ Reviews Broker Profile
Pros
Low entry threshold.
Large selection of payment methods.
Cons
No licenses from serious regulators.
Registration in a weak offshore jurisdiction.
Risky leverage of up to 1:1000.
No real guarantees of payouts.
High threshold for professional accounts.

Company Background

The brokerage organization NMarkets Limited, which owns the platform, claims to have been operating in international financial markets since 1996, has won numerous awards, and is a member of the European Financial Commission.Despite claims of segregation of funds and the presence of a payment agent in London, UK, the intermediary’s legal entity is registered in the Comoros Islands under number HY00922114 and has only one offshore license, T2022137, from the MISA regulator. As for the domain, it was created in January 2018. Further in our NPBFX review, we will present the broker’s trading conditions and explore its legal aspects.

Overview of Services and Trading Terms

The broker offers trading on the MetaTrader 4 platform, as well as through its own mobile app. NPBFX provides more than 200 trading instruments, including CFDs on 38 currency pairs, metals, and other assets. It should be noted that the platform supports hedging (locking) positions.

The company claims to route all trades to liquidity providers through an STP/NDD model. However, this is impossible without licenses from leading regulators. 

NPBFX has developed three types of accounts: Master (minimum deposit from $10), Expert (from $5,000), and VIP (from $50,000). Leverage can reach 1:1000 on a Master account, but on Expert and VIP accounts, it is up to 1:200. Spreads start at 0.8 pips on a Master account, 0.6 pips on an Expert account, and 0.4 pips on a VIP account.

The intermediary claims that there are no commissions for executing trades.

Additional services include an analytical portal, trader calculator, trading signals, and analyst consultations. In addition, NPBFX allows clients to use scalping, high-frequency trading, and advisors with any trading strategy. Finally, educational services and a demo account are available to all traders.

Referral and Bonus Schemes

The NPBFX affiliate program offers the opportunity to earn money by attracting clients. Commissions can reach up to $19 per lot or up to 60% of the referral’s income. Payments are made daily, but require compliance with the “point rule” (the difference between the opening and closing prices must be at least 3-5 points).

The bonus program includes welcome bonuses (60-100% of the deposit) and cashback of up to 60% of the spread. However, bonus funds require high trading volume and often do not participate in drawdowns. Additionally, NPBFX accrues up to 6% per annum on the account balance with active trading and holds contests on demo accounts with strict conditions for withdrawing prizes.

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FAQ

Is there any income guarantee when trading with nmarkets.org?

On its website, the organization warns that it cannot provide clients with income nor guarantee the protection of their deposits.

What sum is necessary to begin dealing with NPBFX?

Minimum deposit to start: $10. Please note that this amount is taken from the official website and should not be considered as our recommendation.

What deposit and withdrawal methods are available?

The platform supports Visa/MC cards, bank transfers, cryptocurrencies, and e-wallets (Piastrix, Neteller, etc.). Keep in mind that cryptocurrency is the riskiest instrument, as transactions are difficult to track and cancel.

Is nmarkets.org a legitimate website?

This broker's activities are legalized only due to its registration in the offshore zone of the Comoros Islands. However, this does not provide traders with real legal protection at the international level.

Is it like roulette with no guarantee of earning money?

It is not just “roulette,” but a game on someone else's field according to rules that the owner of the field can change at any time without explanation.
John Hartman - lead author on Scamroulette.com
John Hartman

NPBFX was previously registered in Belize and regulated by the local IFSC commission, as confirmed by archive data from the npbfx.com domain, which was the official website of this broker between 2016 and 2021. I have been tracking their “offshore shuffle” for many years. Their level of regulation is inexorably drifting toward near nonexistence. Now they are trying to move forward under the new brand NPB Markets, presenting a semi-illegal MISA license. I wouldn’t deal with a broker hiding behind a post office box in the Comoros Islands — if your funds disappear, you’ll be in a legal limbo with no protection.

Overall Score

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1.79/5
OVERALL

Based on 19 votes

19 reviews about NPBFX

  • Todd L.
    1 review
    27.02.2026 10:55
    The shocking truth about this pseudo-company

    Let me put it this way: it used to be a top broker with a huge client base and quality service. It had narrow spreads, excellent managers, and a great platform in general — fast withdrawals, fast support. In short, I always gave it 5 out of 5 points. But in 2016, Npbfx changed its jurisdiction and license. From that moment on, first, clients who only work with companies under the control of serious regulators began to leave. Second, trading conditions became worse on nmarkets.org. In addition, the risk of trading through this broker increased many times over, as the company moved offshore to a mass registration address in the Comoros Islands. I also noticed that they started to promote themselves under the new name NPB Markets, of course it is not tarnished yet! In short, trading here has become much worse. It is even more unclear who owns this site now, maybe it is now managed by fraudulent structures???!!!

  • Mark Goodman
    1 review
    13.02.2026 03:49
    It's too risky to invest here

    NPB Markets (ex NPBFX) clearly states that it is registered in the Comoros Islands. However, I have seen many times on the internet that only scams are registered in this offshore jurisdiction. At the same time, a huge number of people advise against investing in companies with this type of registration. To be honest, I don’t want to test it out for myself, even though I have enough money, and I don’t advise you to tempt fate on nmarkets org

  • coyote
    1 review
    11.02.2026 11:31
    ALL OFFERS ARE JUST TRICKS

    They lure people into their project with their cool offers in the form of bonuses and a cool deal copying service, which, in their opinion, demonstrates excellent capital management. Meanwhile, the website nmarkets.org lists a phone number that actually belongs to a completely different company — how are we to understand this? They lure their clients through advertising websites with signals, training, and other nonsense. Honest companies don’t do that.

  • Marjorie Stone
    1 review
    08.02.2026 22:38
    The service shows a complete lack of respect for traders!

    I have always been skeptical about Forex brokers, but this one was the last straw. The promotions and bonuses turned out to be bait, and in reality, it is a trap for unlucky investors. My funds were frozen, and when I tried to withdraw them, I encountered endless bureaucratic obstacles on nmarkets.org

  • Monzo88
    1 review
    08.02.2026 20:08
    Fake regulator

    The Financial Commission is a non-governmental organization that was created to deceive people so that crooks could write that they are allegedly members of a cool organization. Of course, this sect was created by all those scammers who are its members.

  • Victoria
    1 review
    06.02.2026 05:00
    THIS IS A PRIMITIVE scam

    The company is fake. The main task of the managers is to get the client to deposit as much money as possible into the account and then use every means possible to refuse to withdraw it from the account. Even though I had enough funds in my account, they refused to let me withdraw 5 LTC. As a result, some of the funds simply disappeared from my nmarkets.org account.

  • Mr. Porter
    1 review
    01.02.2026 01:11
    THEY DELAYED PAYMENTS FOR ALMOST A MONTH

    This is a dishonest company that cannot be trusted with even $10. My cooperation with them ended after they delayed payments. They stretched out the withdrawal period too much, and I am not happy that I had to wait about a month for the money to arrive in my bank account. I even thought it might be some kind of scam. IN OTHER WORDS, YOU WON’T BE ABLE TO WORK WITH NPBFX WITH PEACE OF MIND. I don’t recommend this broker; look for others that don’t have problems with honesty and withdrawing money.

  • B. Cox
    1 review
    27.01.2026 16:35
    A reliable company with a good track record

    They have been providing brokerage services for over 20 years. That’s why I chose NPBFX, because it is a very reliable company with vast experience in the market. I would like to note that this company has been operating not only online, but also offline. With the development of the Internet, they were one of the first to launch a website and start providing online brokerage services. In addition, there are huge opportunities for growth and development here, including a demo account, educational and analytical materials, an affiliate program, professional technical support, and many bonuses and contests. All this is done so that every trader, even a beginner, can get the information they need and trade successfully. As a result, managers try to support all traders, since they earn exclusively from the spread on nmarkets.org.

  • Kevin Gregory
    1 review
    25.01.2026 17:27
    BEWARE OF SCAMMERS!!!

    I became a client of NPBFX in 2025. It turned out that there is no trading here, these crooks just stole my money – $7,300… Today I filed a report against them with the police. I will seek to have a criminal case opened.

  • Helen Simmons
    1 review
    24.01.2026 23:29
    My impressions of their work are positive

    There are plenty of alternatives these days, and although NPBFX is no longer a bank in the traditional sense, based on my experience, I can say that I have no desire to consider other companies. I only see advantages at NPBFX, with no hidden pitfalls. Other companies may have more trading instruments, but who trades with at least a hundred?!!! I have been involved in Forex for many years and know a lot of people, all of whom trade majors or crosses, so I don’t see any disadvantages at all. The main thing is that they don’t interfere with trading, they don’t change the prices of open positions, they don’t delete pending orders on nmarkets.org, and they withdraw profits to my crypto wallet in 5-10 minutes. I would like to note the reliability and professionalism of this company.

  • Mr. Harris
    1 review
    19.01.2026 11:47
    I used their services for two months

    Withdrawals either take a very long time or don’t happen at all. Crypto deposits go through three intermediaries… That’s already suspicious. Finally, NPBFX employees changed my leverage from 1:1000 to 1:10, and then to 1:100, without any notification…

  • Shannon W.
    1 review
    18.01.2026 06:24
    I'VE BEEN TRADING HERE FOR SIX MONTHS

    The platform works as it should – spreads on EURUSD are always within 0.6-1.0 pips. I’ve checked withdrawals several times – the last time, 40k arrived on my card in 4 hours without any delays. I’m especially pleased that NPBFX has no hidden fees!

  • Christopher E.
    1 review
    14.01.2026 11:35
    Money is not withdrawn

    It’s a one-sided game. Money is not withdrawn. Support wrote about incorrect details, and now they are silent. That’s all you need to know…

  • Vortex
    1 review
    11.01.2026 06:53
    The Company Deceives Its Clients

    I traded with them for about a year, and at first everything was great, but recently the Npbfx broker has simply gone bad. Since the terminal often lags, trades fall through, and my last profitable trade was simply canceled ❌ I don’t know what went wrong, but I’ve had enough! There are plenty of other decent brokers on the market.

  • Tim Riley
    1 review
    09.01.2026 03:56
    THEY DON'T PAY FOR REFERRALS!!!

    I worked as a partner at NPB MARKETS. However, my $3,100 in earned commission money remained with the broker, who refuses to pay me, even though I earned it honestly by bringing many clients to the broker.

  • Benton
    1 review
    06.01.2026 13:26
    They haven't withdrawn $1,326 for a month now!!!!

    I wrote to them by email, hoping for an explanation, but got no reply. I also called support, and they said that everything was fine and that they would contact me soon… and then silence… If you want to work with this broker, think about how you will withdraw your funds… there are no guarantees.

  • Josephine Sharp
    1 review
    05.01.2026 22:48
    I am very disappointed

    I lost quite a lot of money with this broker, more than $6K, and all because of constant platform freezes. This is done on purpose, so that NPBFX can steal money from its clients. It’s a boiler room, but what’s interesting is that they don’t cheat everyone here, but selectively, and I still don’t understand what their motives are, but I have firmly realized that it’s not worth getting involved with them.

  • Debra F.
    1 review
    23.12.2025 02:09
    I'm not going to change brokers

    I’ve been working here for a couple of months. There haven’t been any misunderstandings so far 🙂 The support service is good.

  • Hel_35
    1 review
    20.12.2025 22:23
    WHO RUNS THIS PLATFORM????

    An interesting point about the company’s founding date. They say they have been operating since 1996. However, the domain was only created in 2018. Yes, there is information on the website that it was a different company and that it split off from the oil bank. However, who took over NPBFX after that? Maybe scammers? No one knows.

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Broker Profile

Date of foundation
Since 1996
License
Offshore
Leverage
1:1000
Demo account
Yes
Order Execution Model
DD, STP, NDD
Minimum deposit
$10
Licensing Authorities
Questionable Regulator
Investor Protection
No
Transparency
Some Hidden Terms
Reputation
Bad
Auditing
Not Conducted

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