Nefteprombank 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 11 years Nefteprombank have a head office in Russia.
Nefteprombank is regulated. This means Nefteprombank are supervised by and is checked for conduct by the Unregulated regulatory bodies.
Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Nefteprombank, this will be honored. If Nefteprombank violate any regulatory rules their regulated status could be stripped.
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.
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
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
Nefteprombank General Fees
- Nefteprombank withdrawal fees varies on payment method
- Nefteprombank does charge inactivity fees
- Nefteprombank does charge deposit fees
Nefteprombank Commissions
- Nefteprombank does charge commission on CFD shares.
What can you trade with Nefteprombank?
You can trade a wide variety of instruments with Nefteprombank over 172 instruments infact.
If you are looking at trading currency pairs Nefteprombank offer over currency pairs.
Compare Nefteprombank with XTB and Plus500 below.
| FX / Currencies | nefteprombank | XTB | Plus500 |
|---|---|---|---|
| Forex pairs offered | 50 | 100 | |
| Major forex pairs | Yes | Yes | Yes |
| Minor forex pairs | No | Yes | Yes |
| Exotic forex pairs | No | Yes | Yes |
| Cryptocurrencies | No | Yes | Yes |
| Commodity CFDs | Nefteprombank | XTB | Plus500 |
|---|---|---|---|
| Commodities offered | 0 | 21 | 17 |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes |
| Indiced & Stock CFDs | Nefteprombank | XTB | Plus500 |
|---|---|---|---|
| Stocks offered | 1696 | 1816 | |
| UK Shares | Yes | Yes | Yes |
| US Shares | No | Yes | Yes |
| German Shares | No | Yes | Yes |
| Japanese Shares | No | Yes | Yes |
|
nefteprombank Instruments |
XTB Instruments |
Plus500 Instruments |
Trading on Nefteprombank web platforms and other applications
Nefteprombank offer a user-friendly custom trading platform, available as both a downloadable program or as a browser based WebTrader. If you are looking for a MetaTrader broker, see our comparison of MT4 brokers here.
An 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 platformsNefteprombank Trading benefits :
- Allows hedging
- Offers STP
- Low min deposit
Nefteprombank Trading Accounts Offered :
- Standard account
- ECN 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
What funding and withdrawl methods do Nefteprombank accept?
Nefteprombank offer the below funding payment methods. learn more about Nefteprombank
- PayPal
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.
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 trader, accounts and instruments.
Education resources at Nefteprombank
To trade effectively with Nefteprombank, it's important to get a have a good understanding of the XTB trading tools and the markets.
Nefteprombank offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing 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.
Support at Nefteprombank
Nefteprombank support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian
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:
- 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 10 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 their website 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 12th August 2018.
Nefteprombank not quite right?
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NEFTEPROMBANK Frequently Asked Questions
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?
Nefteprombank offer the following funding payment methodsPayPal, among other payment methods.
Learn more here
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 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.