Independent rating of Forex broker Nefteprominvest
3/10 (votes 100)
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On-line since
1996
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Country of origin
Russia
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Regulation
Bank of Russia
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Payment options
wire transfers, Nefteprombank, Sberbank
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Minimum account size
$100
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Minimum lot size
0,1 lot
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Leverage
1:100
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Spreads
from 0.6 point
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Nefteprominvest operates under the license issued by the Bank of Russia. The broker is also licensed to banking operations with precious metals under the legislation of the Russian Federation.
The company’s clients can benefit from a trading directly through the bank excluding other brokers. That means deals are made between banks, a bank and a trader, and a dealing center and a client, bypassing the exchange. The company must meet its obligations and ensure the execution of every order, justifying the trust of its clients.
Besides, Nefteprominvest offers wide training opportunities to novices. Thus, inexperienced in Forex customers can start with trading on fully functional demo accounts. Additionally, the bank conducts free introductory online seminar Forex for beginners. In case the program of training satisfies traders, they can pay for the full training course on the broker’s official website.
Trading is conducted via the MetaTrader 4 platform which is currently assumed to be the best for currency trading.
In case you have already had trading experience with the broker, please feel free to share your opinion with other traders as it can be useful for them.
Comments
Positive
Negative
All
Author:
Hallur Torfason
Date:
2024-09-10 10:48:39
(UTC+3)
Really trading is painful with Nefteprominvest broker. I can not deal in a live position and I have to pay a high commission. My orders weren't executed by an EA. Overall I had lost my faith in them, Now I tried to withdraw the rest investment but they were cancelled five times. Overall Nefteprominvest broker gave me the worst service so far.
Author:
Paul
Date:
2022-09-06 07:52:26
(UTC+3)
I was a newbie when I started in this market but thanks to Nefteprom Invest, I could get more experience and knowledge with all its educational content and all the help from its managers. I opened a demo account first following the recommendations of one of its managers who called me to offer me an initial bonus of $100. After 6 months trading in a demo account, I finally used my initial bonus to trade and in my first 7 weeks of tradings, I earned $425 with EUR/USD. I got more earnings progressively. Setting my TP and SL orders is not a problem. This broker respects my orders. That's why I recommend it.
Author:
Alex FxTrader
Date:
2022-05-12 07:32:42
(UTC+3)
I'm a scalper and I have traded with Nefteprombank for 5 months now. Their platform is working fine, the order is executed instantly, and the spread is fixed. I made a good profit in using my scalping EA. I made a profit of $540 within 3 months after investing $300. Last month I withdrew $400 via MasterCard, and I got my money within 6 hours. Trading with Nefteprombank is satisfying, and I will keep trading with them. Nefteprombank is a reliable broker that I would like to recommend.
Author:
YollaTrader
Date:
2022-01-05 07:13:49
(UTC+3)
Nefteprombank is an honest broker, their platform is also easy to use and makes me able to earn profits. I often earned profit and made withdrawal requests, and they always processed it on time. I always get money within 6 hours through my debit card. They provide the best service, which makes me comfortable trading with them. They don't have any delays for everything, also no hidden commission. Trusted broker, I never faced any difficulty during my trading with Nefteprombank. Recommendable broker.
Author:
Vineet
Date:
2021-10-26 03:40:30
(UTC+3)
Account registration at Nefteprominvest is easy and affordable. I think this broker is suitable for small and new traders as they don't have to worry about large initial deposits.
Author:
TraderArun
Date:
2021-09-15 04:00:13
(UTC+3)
I have been trading with a few brokers before. But I can say that Nefteprominvest is a great broker. The platform works fine. Execution speed is best, and Swaps are also reasonable. Besides, the responsiveness of the customer support is good, and the helpfulness of the analytics is great as well. Till now, I haven't faced any serious problems. Every day I have made around 10- 20 pips. In my profit withdrawal never got delayed via visa card, which was almost within 2 days. So satisfied to trade with Nefteprominvest.
Author:
Helena
Date:
2021-07-02 06:39:13
(UTC+3)
Nefteprombank is a brokerage firm with strong regulation. I opened an account with them because I know that they can be trusted. It has been four years since I started and I can say that I have become successful in my journey. I am earning pretty well and I give credit to the amazing services that this broker provides.
Author:
Sia
Date:
2021-05-06 07:39:31
(UTC+3)
Nefteprominvest has been my broker for over a year now. In terms of the platform, spread, and website, I have no complaints. I think they're excellent. The spread is tight and favorable to scalpers. The platform is stable and rarely lags. And the website has a good layout. I can navigate the site with ease, and it contains helpful materials in trading like market analysis and trading tutorials. The only thing I didn't quite like is the slow customer support. They immediately reply in the live chat, but for matters where I need to contact them through email, sometimes it reaches the next day before they answer.
Author:
Mylan
Date:
2021-03-12 04:46:43
(UTC+3)
Somehow, even without any knowledge on Forex trading, I manage to earn well at Nefteprominvest. I think, a huge factor is the availability of learning materials from this broker and the constant communication with the company. I don't get lost because they always guide me.
Author:
Safie
Date:
2021-01-19 07:55:12
(UTC+3)
Nefteprominvest platform is still freezing and this happened last week when BOE Governor Andrew Bailey gave his speech. I already made loss $241 because I could not move my stop due to the freeze. Got in a terrible trade left it open over the weekend only to find the spread on Crude Oil went from 150$ and more. I got margin call and lost $943. The client service on over the phone is awful; these people do not even understand forex basics! I really wouldn't recommend Nefteprominvest broker to anyone .
