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Independent rating of Forex broker Nefteprominvest

3/10 (votes 100)

On-line since
1996
Country of origin
Russia
Regulation
Bank of Russia
Payment options
wire transfers, Nefteprombank, Sberbank
Minimum account size
$100
Minimum lot size
0,1 lot
Leverage
1:100
Spreads
from 0.6 point
Nefteprombank is a Russian broker which managed to become one of the most reliable online trading services providers. The bank has been rendering online services since 1996 being the oldest Russian Forex broker with its own sustainable development strategies.
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

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 .
Author: Mike Date: 2021-01-13 01:44:27 (UTC+3)
Nefteprominvest is a reliable broker. I have been trading with them for six months, and I feel satisfied with the result. Due to an excellent trading platform, I have a stable income now. The platform is stable and works smoothly. I never feel difficult when I'm trading with them, they always have a way to make my trading without obstacle. Currently, I'm trading in EUR/USD and GBP/USD currencies, and I have already made a profit of around $2400 in these six months. The most I like to trade with them is the trading cost is low, and they never take a hidden commission. I would like to recommend Nefteprominvest broker as an excellent broker.
Author: Kraye Date: 2020-11-12 04:29:32 (UTC+3)
Nefteprominvest is a reliable Forex broker. I have been with them already for about a year and a half and all I can say is that I am thankful that I found them. I am able to trade comfortably now thanks to their stable platform and useful tools. The execution of the orders are instant as well. This broker is a great choice not only for professionals but also for beginners.

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