Web terminal - what is it? Review using NPBFX as an example

Without a trading terminal, it is impossible to make money on Forex, as well as without a reliable broker - these are the two main links to success in the market.

Traders who prefer intraday trading should always be online, with the ability to check the markets at any time.

This is not always possible to do if there is no platform at hand. The web terminal was developed for such cases.

Today, in collaboration with the multi-market broker NPBFX, we will tell you what it is, what the pros and cons are, and how this terminal differs from the usual “full-format” version.

Theoretical information about the trading terminal

In general, market traders know what a trading terminal is in general. This is a special program that you need to install on your device - a personal computer or mobile phone. The terminal allows you to perform actions on the Forex market: open sell/buy orders and close them, analyze the chart and price behavior of instruments. Using any terminal requires stable Internet access.

The web terminal is essentially the same platform. The main difference from the desktop version is that it does not need to be downloaded and installed. Access to the terminal is available in any modern browser on a device with any operating system - Windows, Mac, Linux. This allows you to check your orders even if you don’t have a pre-installed terminal at hand, but you have a device and the Internet.

It is worth noting that there is no significant difference between the web version of Metatrader 4 - the most popular terminal - and the application installed on the device. The fact is that this version is part of the desktop platform, that is, it is an official product from the MT4 developer.

the Metatrader 4 web terminal

• High level of security and data protection. As in the standard program, all transmitted information is carefully encrypted.
• Mobility. In almost any situation, you can enter the terminal without first downloading and wasting time on its installation.
• Full functionality. There is an opinion that the web version of the MT4 terminal lacks most of the functions. For example, it is not possible to use indicators or graphical tools. This is wrong.
• Compatible with any OS. Sometimes there may be difficulties with installing a standard terminal - for example, there is no installation file for a specific system. The web terminal is free of this; it works on any OS.
• The terminal cannot become obsolete. To use the platform effectively, it is important that it is always updated on time. The web platform does not depend on this.
• OneClick Trading plugin – “one-click trading”. A special plugin for faster and more accurate transactions. The plugin also includes a so-called “order book” containing second-level quotes.
• Availability of trading on all markets opened by the broker.

Disadvantages of the Metatrader 4 web terminal

• It is not possible to add new indicators. While for the preinstalled version you can both add downloaded indicators and install your own developments, there is no such option in the web version.
• Lack of ability to change color and other interface settings.
• Advisors are not available for use.

the Metatrader 4 web terminal NPBFX

To enter the platform, you first need to register a personal account on the NPBFX website and create an account, receiving its number and password. Next, in your personal account, select the “Trading Platforms” tab, which is located in the left menu almost at the very bottom of the page. You can log in using any type of account – including demo. We also note that NPBFX has no restrictions on the number of open accounts.

In the tab that opens, you need to select the login button opposite the web terminal and enter your data. After a successful login, a screen appears similar to the standard MT4 platform with “default” settings. External differences are almost invisible.

To open the chart, as in the regular version, use the market overview window. It is located in the usual place on the left. Initially, not the entire available asset pool may be displayed. In order to expand it, you need to right-click on the window and select “Symbols”. You can click on the desired instrument and drag it to the right - the chart will appear in the main window.

As you can see from the screenshot above, the top panel has an almost identical menu. Let's compare it with desktop MT4. In general, everything you need is saved in the web version of the terminal, with the exception of a few buttons. Here you can notice that the timeframes for both versions are the same - from M1 to MN.

Next, let's look at what technical indicators . To add an indicator to a chart, the action algorithm is as follows: select “Insert” à “Indicators” in the top menu. Then everything is the same as in regular MT4, you need to select one of the proposed instruments. However, we would like to draw your attention again to the fact that the indicators in this case are exclusively standard, since the use of custom ones is not available.

Opening and closing a position occurs in the same way as in the desktop version of the MetaTrader 4 platform. Right-click on the asset of interest in the “market watch” and click “new order”. In the window that opens, the order type with volume is set, and stop-loss and take-profit are configured.

All current transactions are displayed in the “basement” of the terminal. There you can also track the status of the account as a whole - its balance and funds, margin, as well as its level. Here you can close the deal when the right time comes, or change it by moving the stop loss and take profit indicators. For convenience, there is also the possibility of one-click trading. This plugin looks like this:

How to view the spread size in the MT4 web terminal? All you need to do is right-click on the market overview window, go down to the bottom to the “Columns” line and then select “Spread”. After this, a special column will appear in the instruments table, reflecting the current spread size for all assets.

Accurate trading signals from NPBFX : free 24/7

To make trading more comfortable for clients, the NPBFX broker has created a special Analytical Portal, available in the personal account. This allows traders to have the same easy access as to a web terminal - anywhere at any time, all that is important is the presence of a login and password to enter the account.

The portal has a separate section dedicated to trading signals . They are known for their high efficiency, which is achieved by building signals based on ten indicators at once. Thus, a sell/buy signal or further waiting is carefully checked before formation. The signals are updated every minute, they are available for all markets and are equipped with a convenient filter.

However, this is not the only useful information that can be obtained in the NPBFX Analytical Portal. regularly updated analytics , comprehensive reviews of both the market as a whole and individual instruments are at your service There is a filtering system that allows you to leave only reviews of assets of interest, without unnecessary noise. All reviews are created by professional analysts and published on weekdays throughout the day.

In addition, on the portal you can find a trader’s calendar and various calculator tools that help the trader and make trading easier. There is even the opportunity to ask a question directly to the analyst, receiving a response within twenty-four hours.

Broker NPBFX : the best conditions on the market since 1996

Conventionally, the history of NPBFX is divided into two parts. The first stage of development is banking experience, when from 1996 to 2016 clients were served on behalf of Nefteprombank JSC, a Russian bank licensed by the Central Bank of the Russian Federation. This made it possible to create a stable and reliable base for the broker’s further work, created in accordance with international standards and based on a high level of security.

Due to the rapid development of the Forex market, it was necessary to rebrand, which significantly expanded trading opportunities for the broker's clients. Rebranding took place in 2016, which is when the second stage of the history of the NPBFX broker began. After rebranding, the company became a member of an independent international body - the Financial Commission. Thanks to category A membership, each NPBFX client deposit is insured for up to 20,000 euros, which will be paid in case of disputes.

As for the trading conditions of the NPBFX broker, we will highlight the main ones:

You can open an account and try trading on five markets from one account in just a few minutes on the official NPBFX website . In order to try out the capabilities of the MetaTrader 4 web terminal, you do not need to go through verification - a demo account test is available.