Nefteprombank Rated 3/5

Nefteprombank Guide - Read our In Depth 2021 Nefteprombank Review

This Nefteprombank review was written by industry experts with over 20 years of financial experience in Forex trading, Social trading, .

Benefits of Trading with Nefteprombank

Nefteprombank Review 2021 Quick Summary
💰 Min Deposit 100
👱‍♂️ Used By 10,000 Nefteprombank users and traders
📆 Founded 2008
🌍 HQ Russia
👮‍♂️ Regulation Unregulated
🚫 Excluded Countries Nefteprombank is not available in the following countries :

Open Nefteprombank's Website

Your capital is at risk


learn more Learn more about eToro.
67% of retail investor accounts lose money when trading CFDs with this provider.

What is Nefteprombank?

Nefteprombank are a global online financial trading platform and multi asset broker founded in 2008

Over 13 years later Nefteprombank has grown to offering retail investors Forex trading, Social trading, and trading.

Nefteprombank are a global broker. Nefteprombank have a head office in Russia.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

We will dive deep in this Nefteprombank review and assess how well the Nefteprombank platform functions in its role as an international multiple financial asset trading platform for traders in 2021.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. Choosing an online broker like Nefteprombank can be difficult. For a beginner, the first few hurdles can come in the form of what appears to be a complex mobile or online trading platform, hard to understand investment terminology and confusing fee structures. In our review of Nefteprombank we breakdown the pros and cons. What Nefteprombank are able to offer, what countries Nefteprombank are available in. Who Nefteprombank are regulated by and more.

Nefteprombank Review Screenshot

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

This is why we have taken the time to review only the best brokerage firms, their practices, their fee structure and all other important aspects. We want you to evaluate and analyse and trust your hard-earned cash with only the safest and best of brokers. We hope you find this Nefteprombank review useful.

This review of the Nefteprombank platform is very detailed. If you are interested in trading with Nefteprombank in any capacity please take the time to read and research the whole Nefteprombank review.

We have tried to explain the ins and outs of financial trading through the Nefteprombank platform as plainly as possible so that you the trader are as informed as possible before you start to use the Nefteprombank trading tools and depositing and withdrawing funds from Nefteprombank.

Investing online can be just as risky as any other kind of offline investment. As with any investment, it is important to know and research the company you are dealing with. When trading financial assets with Nefteprombank like Forex trading, Social trading, and trading. you should have confidence in Nefteprombank and know that the management of your financial investments on the Nefteprombank platform are in good hands.

At the bottom of this Nefteprombank review you can also learn about some pretty good alternatives to Nefteprombank

With this Nefteprombank review we hope to help you see if Nefteprombank is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Nefteprombank that will help you get off to a good start in the world of online trading.

Nefteprombank Review Table of Contents

Nefteprombank review
Nefteprombank is a Multi-Assets Trading Platform with over 172+ Assets

Learn more about Nefteprombank. Nefteprombank is a multi asset platform with 172+ tradable Assets. Assets available on Nefteprombank include Forex trading, Social trading, .

Nefteprombank trades in multiple financial asset types. An asset in financial investment, is any security or asset, tangible or intangible, that has a financial value attached. This means that Forex trading, Social trading, are considered financial assets.

Features of Nefteprombank

Nefteprombank review
What you should know

Nefteprombank offer three ways to trade: Forex trading, Social trading, .

With Nefteprombank you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Nefteprombank platform.

Nefteprombank are able to accommodate various levels of traders whether you are experienced or a beginner.

Are Nefteprombank safe?

When choosing a broker like Nefteprombank the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2008, and in operation for 13 years Nefteprombank have a head office in Russia.

Nefteprombank is not regulated. This means Nefteprombank are not supervised by any regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Nefteprombank, this will be honored.

Your capital is at risk

Is my money safe with Nefteprombank?

Any payments funded to Nefteprombank accounts by traders are held in a segregated bank account.

For added security Nefteprombank use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

What are Tier 1 banks and why should Nefteprombank use them?

A Tier 1 bank is considered the safest and most secure regarding client capital. Tier 1 is actually a term describing the financial strength of a bank. A Tier 1 bank has strong core capital reserves and financial regulators utilize tier one banks because they are able to withstand unexpected financial losses.

What does it mean to have your funds in Nefteprombank deposited in a Tier 1 bank?

Having any money you deposit with Nefteprombank means that your funds are safe in a bank that has enough capital to accommodate your withdrawal wishes even if Nefteprombank goes out of business for some reason.

Therefore, we can safely conclude that Nefteprombank is secure and safe.

That said, please note that you can lose funds when trading in financial assets. Accounts can lose money due to either not putting enough effort into researching the markets, lack of experience or not using the tools provided by the brokerage platform.

While trading in financial investments, losing money rapidly due to trading Forex trading, Social trading, is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility. Nefteprombank also clearly state on their platform that Your capital is at risk.

Now that we have answered some important questions regrding Nefteprombank. let us look at the Nefteprombank features in more detail.

Try creating two accounts when you are working with Nefteprombank. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Nefteprombank

Your capital is at risk

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Nefteprombank as a Company Compare Against Other Brokers

Broker nefteprombank eToro XTB IC Markets
Year Established 2008 2007 2002 2007
Head Office Russia Cyprus, UK Poland Australia
Regulation Unregulated Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Used By 10,000+ Nefteprombank users 20,000,000+ eToro users 250,000+ XTB users 180,000+ IC Markets users
Negative balance protection Yes Yes Yes
Guaranteed Stop Loss No No No
Learn More Visit Nefteprombank Visit eToro Visit XTB Visit IC Markets
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

Nefteprombank review
Nefteprombank Pros and Cons

What we like about Nefteprombank

  • Used by over 10,000 Nefteprombank users and traders
  • Established in 2008
  • Min. deposit from $100

What we don't like about Nefteprombank

Nefteprombank review
Nefteprombank Regulation and Licensing in more detail

Nefteprombank are not supervised or regulated by any well known regulatory bodies. Its normal to find online brokers like Nefteprombank that are not regulated yet appear to be legitimate.

Nefteprombank maybe relatively new. Some brokers provide their service under offshore licenses to save operational costs. Regulatory licensing can be very costly. We recommend only trading with regulated brokers. Should anything go wrong with Nefteprombank you are not guarenteed help in a difficult situation.

  • Unregulated

Is Nefteprombank Global?

Yes, Nefteprombank is global as Nefteprombank is available in over 194 countries.

Nefteprombank is a global trading platform in the sense that it operates in 194 countries including nations in Europe, Asia, Oceania, and Africa. Major countries Nefteprombank covers include the UK, Germany, Australia, South Africa, Thailand, the United States and China. Nefteprombank has a total of more than 10,000 users.

Nefteprombank review
Nefteprombank Fees Explained

  • Nefteprombank withdrawal fees varies on payment method
  • Nefteprombank does charge a fee for inactive accounts.
  • Nefteprombank does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company. Brokers may charge clients various trading fees that you need to be aware of as they may affect your bottom line.

How Nefteprombank Fees Compare Against Other Brokers

Broker nefteprombank eToro XTB IC Markets
Min Deposit 100 50 0 200
Withdrawal Fees varies Yes varies No
Inactivity Fees Yes Yes No
Deposit Fees No No Varies
CFD Commission Fees Yes Yes Yes

Nefteprombank Minimum Deposit

Nefteprombank require a minimum desposit of 100 GBP/USD when opening an Nefteprombank trading account.

A minimum deposit is the minimum amount of money required by Nefteprombank to open a new online brokerage account with them.

Dont be scared off by brokers like Nefteprombank charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other trading fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Nefteprombank Withdrawal Fees

Nefteprombank withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your recieving currency, your payment provider.

Nefteprombank for example allow you to withdraw your funds to PayPal.

Nefteprombank Inactivity Fees

Nefteprombank does charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Nefteprombank Desposit Fees

Nefteprombank does charge deposit fees.

You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Nefteprombank Commission Fees

Nefteprombank does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Nefteprombank review
What can you trade with Nefteprombank?

Be aware that Different entities under Nefteprombank Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Nefteprombank over 172 instruments infact.

If you are looking for Forex brokers to trade currency pairs on global Forex markets Nefteprombank offer over currency pairs.

Compare Nefteprombank with eToro and XTB below.

Your capital is at risk

How Nefteprombank Trading Options Compare Against Other Brokers

Broker nefteprombank eToro XTB IC Markets
Instruments Available 172 2000 4000 232
Platforms iPhone,iOS,Mac,iPad,Android,WEB Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
FX / Currencies        
Forex pairs offered 50 57 65
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs No Yes Yes Yes
Exotic Forex pairs No Yes Yes Yes
Cryptocurrencies (availability subject to regulation) No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 31 21 19
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural Yes Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 2042 1696 110
UK Shares Yes Yes Yes Yes
US Shares No Yes Yes Yes
German Shares No Yes Yes Yes
Japanese Shares No Yes Yes Yes
Risk Warning Visit Nefteprombank
Your capital is at risk
Visit eToro
67% of retail investor accounts lose money when trading CFDs with this provider.
Visit XTB
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit IC Markets
Losses can exceed deposits

Nefteprombank review
Trading on Nefteprombank web platforms and other applications

Nefteprombank offer a user-friendly custom trading platform, available as a browser based web application. If you would rather see a comparison of MT4 brokers, you can so here.

A Nefteprombank iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.

Nefteprombank also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Nefteprombank's platforms

Is the Nefteprombank Trading Platform Secure?

Nefteprombank safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. Nefteprombank also urges its clients through its web platform to always look for the SSL security sign (a lock sign) o the browser while operating Nefteprombank.

Nefteprombank Trading Platform Options

Nefteprombank does not offer the MetaTrader 4 (MT4), MetaTrader 5 (MT5) or cTrader trading platforms.

Nefteprombank offer an their own custom trading platform developed and tested in house. The Nefteprombank trading platform allows traders to track their portfolios, track the current markets, locate trade ideas and place trades.

The Nefteprombank platform allows traders to filter the financial marketplace for trade opportunities that match a criteria.

With Nefteprombank you can look for and examine opportunities with actionable research and stock evaluations. Get streaming real-time information on the Nefteprombank platform including news and quotes. Discover possible trades with the strong charting tools found with Nefteprombank. Nefteprombank is available as downloadable applications or online through the cloud. Monitor your orders with Nefteprombank and receive breaking news in your positions.

Nefteprombank Trading benefits

  • Allows hedging
  • Offers STP
  • Low min deposit

Nefteprombank Trading Accounts Offered

Below we give an overview on the account types that Nefteprombank offer. Whatever you are looking to trade the varying Nefteprombank account types will be able to provide you with what you need.

  • Standard account
  • ECN account
  • STP account
  • Managed account
  • Islamic account

Can I try Nefteprombank before I buy?

Nefteprombank offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Your capital is at risk

Nefteprombank withdrawal and funding methods

Please note that the list of Nefteprombank payment methods below depend on the Nefteprombank Entity and the Clients Country of Residence.

All available Nefteprombank payment methods available to you can be found in your Nefteprombank members area checked on the Nefteprombank website.

Nefteprombank offer the below funding payment methods. You can use any of the below deposit options if available in your region. learn more about Nefteprombank

Nefteprombank Payment Methods

  • Nefteprombank accepts PayPal
Broker nefteprombank eToro XTB IC Markets
Bank transfer No Yes Yes Yes
Credit Cards No Yes Yes Yes
Paypal Yes Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer No Yes Yes No
Neteller No Yes Yes Yes

*please note available Nefteprombank and other broker payment methods depend on the clients country of residence.

How can I start trading with Nefteprombank?

When opening a trading account with Nefteprombank, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Nefteprombank trading platforms here. You will need to provide some basic documentation to prove your identity as part of Nefteprombank onboarding and normal KYC identity checks. These checks are standard practice and help Nefteprombank provide a safe financial environment for their 10,000 users.

Your capital is at risk

Performing trades with Nefteprombank

Nefteprombank allow you to execute a minimum of trade of varies. This may vary depending on the account you open. Nefteprombank allow you to execute a maxium trade of varies. As Nefteprombank offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Education resources at Nefteprombank

To trade effectively with Nefteprombank, it's important to get a have a good understanding of the Nefteprombank trading tools and the markets. Make sure you make full use of all education tools. This includes eduction tools with Nefteprombank and externally.

Nefteprombank offer a good selection of educational resources. Take your time, learn how the financial markets move. Take the time to learn how your trading platform works. Make buy and sell trades, learn how to take advantage of global trading times and most importantly learn how to mitigate and manage investing risk.

Having an analytical approach may be a good way to approach trading with Nefteprombank.

Take time to look around the Nefteprombank platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Nefteprombank

As part of our Nefteprombank review we review customer service options, response times and Nefteprombank trading platform problem resolution effectiveness.Nefteprombank support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.

Nefteprombank have a D grade support rating because because sometimes the response was slow or our query wasnt answered. Nefteprombank less customer support features compared to other brokers like live chat, phone and email support. email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.

Livechat Support at Nefteprombank

We tested the Nefteprombank live chat and it works well. We sent messages to Nefteprombank livechat through their app and website and recieved a response within 20 minutes. Sometimes there was no response.

We tested communicating with Nefteprombank support in multiple languages in multiple countries. Nefteprombank where able to resolve our customer issues.

Email Support at Nefteprombank

We sent several emails to Nefteprombank and answer times overall were excellent. The fastest response from Nefteprombank was 4 hours and the slowest response was 5 days. Sometimes there was no response. Support response times may vary for you with Nefteprombank, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall average email support from Nefteprombank.

Phone Support at Nefteprombank

We called Nefteprombank and the call was answered very quickly. The call was answered in less than 5-10 minutes.

The Nefteprombank phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Nefteprombank team by calling in varying languages. Nefteprombank made an effort to make sure our queries were answered.

Overall the phone support from Nefteprombank was okay.

See how Nefteprombank Support Compares Against Other Brokers

Broker nefteprombank eToro XTB IC Markets
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian English, German, Spanish, French, Italian English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Learn More Visit Nefteprombank Visit eToro Visit XTB Visit IC Markets
Risk Warning Your capital is at risk 67% of retail investor accounts lose money when trading CFDs with this provider. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits

What you will need to open an account with Nefteprombank

As Nefteprombank is regulated by Unregulated, every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware that the expiration date of Proof of address document for different entities under Nefteprombank Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Nefteprombank's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Nefteprombank you can visit the Nefteprombank trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.nefteprom.com/ on October 15, 2021.

Is Nefteprombank A Good Broker?

We spent over 3 months examining Nefteprombank in depth. Although we found some very useful aspects of the Nefteprombank platform that would be useful to some traders. Overall our feeling is that you would be better served with an alternative Nefteprombank broker.

  • Nefteprombank have a good track record of offering Forex trading, Social trading, .
  • Nefteprombank has a history of over 13 years.
  • Nefteprombank has a reasonable sized customer support of at least 10.
  • Nefteprombank are regulated by the Unregulated. This means Nefteprombank fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Nefteprombank have regulation from Tier 1 reputable regulators.
  • Nefteprombank has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Nefteprombank have an international presence in multiple countries. This includes local Nefteprombank seminars and training.
  • Nefteprombank are able to hire people from various locations in the world who can better communicate in your local language.

Nefteprombank Risk Disclosure

Your capital is at risk

Trading Risk Disclaimer

Trading financial instruments including crpytocurrency and foreign currency markets come with a very high level of risk. In regards to leverage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying leverage and may have limited regulatory protection and high market volatility. It should never be presumed that any investment products, techniques, indicators or any other presented resources will result in profits. You should be aware that investing may result in financial loss.

Nefteprombank not quite right?

If after reading this Nefteprombank review, Nefteprombank does not fulfill your needs check out these Nefteprombank Alternatives.

Click here to view the best Nefteprombank Alternatives

We have spent years researching the best alternatives to Nefteprombank. Click the links below to learn more.

If you feel some of the above Nefteprombank are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Nefteprombank alternatives below.

Related Nefteprombank Vs Comparisons

We have covered allot in this Nefteprombank review, If you want to see how Nefteprombank compares side by side with other brokers check out our Nefteprombank Vs pages.

If you would like to see how Nefteprombank stands up against other brokers you can read some of our Nefteprombank comparisons below. We compare side by side some of our top rated Nefteprombank versus comparisons. Read our indepth Nefteprombank VS pages below.

Nefteprombank review
NEFTEPROMBANK Frequently Asked Questions

Read our detailed Nefteprombank FAQ Section updated for 2021.

Can I try Nefteprombank before I buy?

Nefteprombank do not offer a demo account so it looks like you will have to sign up for at least a trial period. Learn more here

What funding methods do Nefteprombank accept?

Please note that the list of payment methods below depend on the Nefteprombank Entity and the Clients Country of Residence.

Nefteprombank offer the following funding payment methods PayPal, among other payment methods.
Learn more here

Your capital is at risk

Is Nefteprombank safe?

While Nefteprombank may not be considered unsafe, they are not regulated or supervised by any major regulatory body. Depending on your trading style this may be okay. We recommend you trade with a regulated broker.Any payments funded to Nefteprombank accounts by traders are held in a segregated bank account. For added security Nefteprombank use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Your capital is at risk

Is Nefteprombank trading good?

Nefteprombank is considered good and reputable to trade with Nefteprombank. Nefteprombank is used by over 10,000 active traders and Nefteprombank users. Nefteprombank offers Forex trading, Social trading, and trading. Minimum deposit with Nefteprombank is 100.

Is Nefteprombank trading Legit?

Nefteprombank was founded in Russia in 2008. Nefteprombank has been facilitating trade on the financial markets for over 13 years. Nefteprombank offers clients Forex trading, Social trading, and trading. All funds deposited to Nefteprombank are held in segregated tier 1 bank accounts for security. Nefteprombank is not regulated. Although this doesnt mean Nefteprombank are awful, we recommend trading with regulated brokers.

Is Nefteprombank a good broker?

Nefteprombank is overseen by the top tier financial regulators Unregulated so can be considered a good broker. Nefteprombank allows Forex trading, Social trading, and trading.

Is Nefteprombank trustworthy broker?

While having many plus points because Nefteprombank is not regulated we personally would not trade with them. Make any broker you trade with is regulated and places any funded money into segregated tier 1 bank accounts. If your money is in a segregated bank account the broker has no direct access to your funds so cannot misappropriate your money.

What is the minimum deposit for Nefteprombank?

The minimum deposit to trade with Nefteprombank is 100.

How long do Nefteprombank withdrawals take?

Withdrawing money from Nefteprombank processing time varies but averages 2-5 days.

Is Nefteprombank regulated?

Nefteprombank is not regulated by a top tier financial regulator.

Is Nefteprombank a market maker?

Nefteprombank is a not a market maker. A market maker speeds up trading as a market maker will purchase your stocks and commodities even is a buyer is not lined up.

How can I start trading with Nefteprombank?

When opening a trading account with Nefteprombank, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Nefteprombank trading platforms here.

Is my money safe with Nefteprombank?

Nefteprombank is regulated by the Unregulated. One of the most important criteria for traders when choosing a broker like Nefteprombank is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Nefteprombank, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Nefteprombank a con?

While we would noy say that Nefteprombank is a con. Because they are not regulated by a top tier financial regulator we would not trade with them.

Can you make money with Nefteprombank?

Although traders have had great success with Nefteprombank. Trading on the financial markets with Nefteprombank is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.

Does Nefteprombank have fees?

Nefteprombank withdrawal fees varies on payment method.Nefteprombank does charge a fee for inactive accounts. Nefteprombank does charge deposit fees.

When was Nefteprombank founded?

Nefteprombank was founded in 2008.

How many people use Nefteprombank?

Nefteprombank is used by over 10,000 registered Nefteprombank users.

What is Nefteprombank Headquarters country?

Nefteprombank has its head quarters office in Russia.

Does Nefteprombank offer negative balance protection?

Nefteprombank does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Nefteprombank offer guaranteed stop loss?

Nefteprombank does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Nefteprombank allow scalping?

Nefteprombank does not offer scalping.

Does Nefteprombank allow hedging?

Nefteprombank offers hedging.

Does Nefteprombank offer CFD trading?

Nefteprombank does not offer CFD trading.

Does Nefteprombank offer STP?

Nefteprombank offers STP trading.

How many people use Nefteprombank?

Nefteprombank is used by over 10000 Nefteprombank users and traders.

Is Nefteprombank an ECN broker?

Nefteprombank offers ECN trading.

Does Nefteprombank offer a demo account?

Nefteprombank does not offer demo account.

Does Nefteprombank offer an Islamic account?

Nefteprombank offers a Islamic accounts.

What are the funding methods for Nefteprombank?

Please note that funding methods and funding options available with Nefteprombank can be found in the Nefteprombank Members area and depend on the Nefteprombank client’s country of residence. Please check your specific available payment methods on the Nefteprombank website. Nefteprombank accept the following funding methods : PayPal.

Nefteprombank review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Nefteprombank brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Nefteprombank review written by Mark Hansen of Comparebrokers.co