Comparison of Gerchik & Co and NPBFX
Feature | Gerchik & Co | NPBFX |
---|---|---|
Broker | ||
Year Founded | 2015 | 2016 |
Broker Type | STP | STP |
Dealing | A-book | A-book |
Execution | Market | Market |
Regulation | VFSC | MISA, Financial Commission (Category A) |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
Spread | ⬊ Low | ⬊ Low |
Maximum Leverage | 1:100 | 1:1000 |
Minimum Deposit | $100 | $10 |
Base Currencies | USD, EUR | USD, EUR, RUB |
Funding Methods | Bank cards, Swift, SEPA, Volet, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC) | Visa, MasterCard, WebMoney, Skrill, Neteller, Qiwi, YooMoney, FasaPay, Bank Transfer (SEPA/SWIFT), Local Bank Transfer, Cryptocurrencies |
Inactivity Fee | ✖ | ✖ |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | ✖ | ✖ |
Investor Protection | - | Financial Commission Compensation Fund |
Protection Size | - | €20000 |
Segregated Accounts | ✔ | ✔ |
Negative Balance Protection | ✔ | ✔ |
Guaranteed Stop Loss | ✖ | ✖ |
Copy Trading | ✔ | ✔ |
VPS | ✖ | ✔ |
MAM/PAMM | ✔ | ✖ |
Scalping Allowed | ✔ | ✔ |
EAs/Robots | ✔ | ✔ |
Depth of Market (DOM) | ✔ | ✖ |
Tradable Assets (CFDs) | Currencies, Cryptocurrencies, Metals, Indices, Energies, Stocks, ETFs | Forex, Metals, Energies, Indices, Shares, ETFs, Cryptocurrencies |
Review | Gerchik & Co Review | NPBFX Review |
About Gerchik & Co
Gerchik & Co is a forex and CFD broker authorised in Vanuatu (VFSC) that caters to retail traders with a familiar MT4/MT5 setup and a catalogue of 300+ instruments. The lineup spans forex, metals, energies, indices, cryptocurrencies, and stock/ETF CFDs, while the firm highlights low-latency execution (down to ~1 ms) and its in-house tools like the Risk Manager. The account structure is simple: Zero (commission-free; spreads from ~1.0 pip) for accessible entry, and tiered Mini/Simple/Silver/Gold/Platinum with raw-style pricing (0.0 pip + per-lot commission) and higher minimum deposits. Deposits/withdrawals are processed via cards, SEPA/Volet and crypto. Safeguards such as negative balance protection and segregated funds are referenced, but investor compensation schemes typical of top-tier jurisdictions do not apply to Vanuatu-authorised entities.
Pros
- MT4 and MT5 with 300+ instruments and stocks/ETFs coverage
- Proprietary Risk Manager tool; MetaQuotes Signals and TIMA investing
- Zero account or raw-style tiers with per-lot fees
- No broker fee for deposits/withdrawals
- Execution advertised from ~1 ms; Equinix LD4 infrastructure
Cons
- Not regulated by a top-tier authority; no statutory compensation scheme
- Per-lot commissions on raw-style accounts; higher minimums for upper tiers
About NPBFX
NPBFX is a long-standing STP broker founded in 1996. Traders can access 100+ instruments - 38 FX pairs plus metals, oil, indices, equities and crypto - with leverage up to 1:1000 and spreads from 0.4 pips. The broker is a Category A member of The Financial Commission, ensuring negative-balance protection and a €20 000 compensation fund, and supports copy trading via its own NPB Invest hub and ZuluTrade.
Pros
- Low $10 entry on the Master account
- Leverage up to 1:1000 with negative‑balance protection
- Spreads from 0.4 pips, no commission on Master
- Copy trading via NPB Invest & ZuluTrade
- €20 000 compensation fund (FinCom Category A)
Cons
- No tier‑1 regulation (offshore licences only)
- High deposit for Expert & VIP accounts
- Only MetaTrader 4 platform (no MT5 or cTrader)
Gerchik & Co & NPBFX Regulation
Feature | Gerchik & Co | NPBFX |
---|---|---|
Companies | Gerchik & Co Limited | NMarkets Limited |
Countries | Vanuatu | Comoros |
Regulators | VFSC | MISA, Financial Commission (Category A) |
Investor Protection | - | Financial Commission Compensation Fund |
Investor Protection Size | - | €20000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Gerchik & Co | NPBFX |
---|---|---|
Market Maker Account | ||
Account Name | Zero | — |
Min Deposit | $10 | — |
Lot Size | 0.01 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 1.0 | — |
Fee | No | — |
Max Leverage | 1:100 | — |
Stop Out | 50% | — |
Margin Call | 100% | — |
STP Account | ||
Account Name | Mini | Master |
Min Deposit | $500 | $10 |
Lot Size | 0.10 | 0.01 |
Spread Type | Floating | Floating |
Execution | Market | Market |
Min Spread | 0.4 | 0.8 |
Fee | $10 per 1 lot | No |
Max Leverage | 1:100 | 1:1000 |
Stop Out | 50% | 20% |
Margin Call | 100% | 100% |
Zero Account | ||
Account Name | Simple | — |
Min Deposit | $1000 | — |
Lot Size | 0.10 | — |
Spread Type | Floating | — |
Execution | Market | — |
Min Spread | 0.0 | — |
Fee | $9 per 1 lot | — |
Max Leverage | 1:100 | — |
Stop Out | 50% | — |
Margin Call | 100% | — |
Cent Account | ||
Account Name | — | Standard Cent |
Min Deposit | — | $10 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 0.8 |
Fee | — | No |
Max Leverage | — | 1:1000 |
Stop Out | — | 20% |
Margin Call | — | 100% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | Gerchik & Co | NPBFX |
---|---|---|
Base currencies | USD, EUR | USD, EUR, RUB |
Deposit and withdrawal methods | Bank cards, Swift, SEPA, Volet, Perfect Money, Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC) | Visa, MasterCard, WebMoney, Skrill, Neteller, Qiwi, YooMoney, FasaPay, Bank Transfer (SEPA/SWIFT), Local Bank Transfer, Cryptocurrencies |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
Feature | Gerchik & Co | NPBFX |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5) | MetaTrader 4 (MT4) |
Execution Speed | 1 ms | 100 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
Asset | Gerchik & Co | NPBFX |
---|---|---|
Currencies | 66 | 38 |
Indices | 14 | 11 |
Stocks | 296 | 62 |
Cryptocurrencies | 11 | 5 |
Bonds | 0 | 0 |
Metals | 7 | 2 |
Energies | 3 | 3 |
Soft Commodities | 0 | 0 |
ETFs | 21 | 2 |
Education and Analytics
Feature | Gerchik & Co | NPBFX |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
Bonus | Gerchik & Co | NPBFX |
---|---|---|
No Deposit Bonus | ||
Is available | ||
Size | — | $100 |
Details | — | Learn More |
Contests
Feature | Gerchik & Co | NPBFX |
---|---|---|
Demo Contests | ||
Is available | ||
Contests List | — |
|
- Trader's BattleStart Balance: $5000 · Prize Pool: $1000 + iPhone 16 Pro · Period: MonthlyLearn More
Customer Support
Contact | Gerchik & Co | NPBFX |
---|---|---|
Email | support@gerchik.co | client.payments@nmarkets.org |
Phone | +44 203 318 4201 | +448000698470 |
Telegram | Telegram | — |
Facebook | — | |
YouTube | YouTube | — |
Instagram | — |
Which Broker is Better?
After comparing Gerchik & Co and NPBFX, NPBFX comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.