NP Financials Review: Top-Tier Regulated Prop Firm Investigated
The top Australian prop firm, NP Financials, has been acknowledged and given the title of Best Regulated Prop Trading Company for 2023. This esteemed award is evidence of the firm’s dedication to providing clients with outstanding service while upholding strict regulatory compliance requirements.
Keep reading our NP Financials review to learn more about the company, and don’t miss out on the latest information about the JDR Securities broker, a reliable choice for traders of all kinds! Now without further ado, let’s begin our evaluation.
Who Is NP Financials?
NPFinancials is a registered and regulated firm located in Australia. They offer a variety of tools and features, transparency, and security to its traders. In addition to providing you with peace of mind and increased control over your trading, NP Financials offers a turnkey solution that will assist you in becoming a successful trader.
The company is renowned for its cutting-edge technology and creative trading tactics in addition to its regulatory compliance. Skilled traders can minimize risk by identifying profitable trading opportunities in the markets using sophisticated algorithms and data analytics. To learn more, keep reading our NP Financials review.
Company Type | Proprietary Firm |
Legal name | NP Financials PTY Ltd |
Regulation | Regulated |
Registered in | Level 3, 2 Brandon Park Dr, Wheelers Hill, VIC 3150, Australia |
Established | 2016 |
Website | npfinancials.com.au |
Financial Authorities Warnings |
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Contacts |
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Fees |
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If Active on Social Media: | Yes |
Investor Protection: | Yes |
Activity areas | Australia, India, Canada, United Kingdom, United States |
Main threats | 70% profit share |
Main perks | Regulated by ASIC |
Regulation Info
Unlike Vatee, NP is regulated by the Australian Securities & Investments Commission (ASIC), which is a top-tier regulatory body, under the AFSL number 488567. The majority of their clients come from Australia as well, however, there are still some from countries that require additional regulatory oversight.
The firm operates in Canada, the UK, and the US as well, which requires a license from reputable authorities from those nations such as FCA in the UK, SEC in the US, or IIROC in Canada.
If you are from Australia, this firm is a reliable, transparent, and secure choice. However, if you are not, it’s vital to check regulatory requirements in your jurisdiction before investing your funds.
NP Financials Profile
There is a variety of educational material available on the firm’s website, suitable for forex traders. Additionally, you can learn more about trading shares and commodities, get insightful trading ideas, attend a psychology coaching program, and many more. If you are a day trader or want to become one, you can benefit from the Intraday trading course.
Once you decide to commit to the platform, you can choose between two options, Trader Trading or Trader Funding. The firm is suitable for both beginners and advanced traders and we can safely say that the firm has a lot to offer.
The membership includes access to NPF live trading room, Short, medium & long-term live trade ideas, the latest market trends, 2 hours of Master class access every month, 100+ hours of easy-to-understand trading videos, private access to proprietary trading tools, and direct contact to pro-market analysts.
Trading Platform | MT4, MT5, TradingView |
Account Types | One membership plan |
Financial Instruments On Offer |
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Maximum leverage | Forex, Metals, Oils, and Indices receive up to 10:1 leverage. Cryptocurrencies receive 2:1 leverage. |
Minimum Deposit | $197 |
Commissions/Bonuses | 50% discount on the plan |
Mobile app | Yes |
Desktop app | Yes |
Autotrading | No |
Demo account | Yes |
Education or Extra tools | Videos, Blogs, Courses |
Is NP Financials Safe?
Because it is overseen by ASIC, a top-tier regulatory body that guarantees compliance with financial sector standards, NP Financials is regarded as secure. Additionally, the company has garnered favorable feedback from traders and provides transparency in its operations.
Additionally, NP Financials enhances the total safety and value it delivers to its clients by offering a large choice of educational materials on shares, energies, cryptocurrencies, and more that are suited to different types of traders.
Traders Share Their Experiences
There are a total of 20 reviews on Trustpilot, giving the firm an overall score of 4.6 stars. The interesting thing to note here is that there are only 5-star reviews available. There is not one bad review about the company, which raised our suspicion.
It’s not uncommon for a firm to be praised and well-reviewed, however, when there are no negative reviews, we start wondering whether or not all of the comments are fabricated or invited.
The most reliable companies in the world have bad reviews because, in the end, there are always going to be traders who don’t like something about the company. No company is perfect so make sure to conduct in-depth research before committing instead of relying on Trustpilot reviews.
Reasons to Enjoy This Company
There are a variety of reasons to enjoy this company and the main one is regulation. Usually, with prop firms, regulation is not expected and instead, it’s vital to choose a firm that is working with a regulated broker. However, with NP, you can trade safely and have peace of mind knowing your funds are protected.
The only thing we didn’t like about this company is the fact that you are entitled to a 70% profit share, which is less than with other firms. Usually, the fair calculation would be an 80% share and that is how the majority of platforms work.
Either way, this platform is a great choice, suitable for both newbies and seasoned traders, and we encourage you to at least test the NP Financials services with a demo!
Weighing the Pros and Cons
Pros | Cons |
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Can I Make Money While Trading Online?
So we’ve come to an end with our NP Financials review. After careful consideration, we can safely say that this platform is a great option and we would recommend it any second. However, it’s important to note that it all depends on where you’re from and while this firm is great for Australian investors, it may be less suitable for UK residents, due to regulatory requirements.
That said, it’s time to introduce our AI Analysis Bot, a potent program you can use without having to rely on brokers and start a profitable trading journey. AI.F makes insightful recommendations on whether to buy or sell, helping you make more informed decisions.
We recommend booking a meeting with us as soon as possible because if you are within the first 100 traders who reach out, you can try our bot for 14 days for free.
FAQ Section
What is NPF Prop Firm?
NPF Prop Firm is a proprietary trading company that gives traders access to funds and tools so they can participate in the financial markets. The traders split profits with the firm according to how well they do.
Where is NP Financials Pty Ltd Registered?
The firm is registered in Australia and regulated by ASIC.
Is It Possible to Earn Money With Proprietary Trading?
Yes, you can make money with proprietary trading if you trade financial instruments well and split the gains with your trading partner. The proprietary trading firm typically provides the funding and resources for this.