ryad22 
1-2 years
What is the spread for currency exchange with NPB?
Broker Issues
Fees and Spreads
07-13
United States
WikiFX
Reply
NPB’s currency exchange spreads are relatively wide compared to what I would expect from a dedicated forex broker. For example, the spread on USD/JPY is 2 pips, and on EUR/JPY, it’s 3 pips. These spreads are significant when compared to other brokers that offer narrower spreads, especially for active traders like me who depend on low transaction costs. Additionally, since NPB does not provide a trading platform with npb login for active traders, the platform is geared more toward banking and investment trusts, where spreads are typically higher. The lack of competitive pricing in the forex market would make me look elsewhere for a broker with tighter spreads and better overall pricing for active trading.
Similar Questions
Does CDX charge a commission per lot on their ECN or raw spread account types?
Thanh Thao 
09-02
What spreads does EPFX offer?
Sam35 
07-29
Does BP Prime charge any undisclosed fees for making deposits or withdrawals?
ryad22 
07-26
Does Okasan Asset charge commissions?
Rojas 
08-26
What are the detailed fees of the Sunward broker?
Shoofar 
07-24
