General Information & Regulation
NP Financials, a trading name of NP FINANCIALS PTY LTD, is allegedly a forex broker registered in Australia since 2016 that claims to provide its clients with over 1,000 tradable financial instruments with leverage up to10:1 and floating spreads from 0.0 pips on the MT4 and MT5 trading platforms. Here is the home page of this brokers official site:
As for regulation, it has been verified that NP Financials has an exceeded Australia Securities & Investment Commission (ASIC) license. That is why its regulatory status on WikiFX is listed as “Exceeded” and receives a relatively low score of 3.28/10. Please be aware of the risk.
Market Instruments
NP Financials advertises that it offers access to more than 1,000 instruments across 5 asset classes, which include forex, equities, cryptocurrencies, commodities and indices.
Leverage
As NP Financials website states, the leverage is up to 10:1 on forex, metals, oils and indices, while the leverage is 2:1 on cryptocurrencies.
Spreads
NP Financials claims that the spread is low from 0.0 pips. However, we cannot find the download links of its trading platform to test if it is true.
Trading Platform Available
Platforms available for trading at NP Financials are the industry‘s leading MetaTrader4 and MetaTrader5, yet we didn’t find any download links on this brokers site. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.
Customer Support
NP Financials customer support can be reached by telephone: +61 3 9790 6476 (Monday to Friday: 8 am - 9 pm), email: info@npfinancials.com.au, live chat or send messages online to get in touch. You can also follow this broker on social networks such as Twitter, Facebook, Instagram, YouTube LinkedIn. Company address: Level 3/2 Brandon Park Dr, Wheelers Hill VIC 3150, Australia.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
