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- Types of accounts
- Reviews (2)
FxPig is a Forex broker founded in 2011 in the Republic of Vanuatu and offering high leverage, narrow spreads and trading on the popular MT4 or cTrader platform. The broker accepts clients from all over the world with the exception of the USA and other countries from the OFAC list.
Is FxPig a regulated broker?
FxPig is registered in the offshore jurisdiction of Vanuatu and is regulated by the Vanuatu Financial Services Commission (VFSC). Customer funds are separated from the company's funds and stored in special segregated accounts. However, it must be remembered that this is an offshore regulator, and traders should not expect the same regulatory standards that are usually expected in regions such as the EU, Australia or North America.
What is the maximum leverage in FxPig?
FxPig provides a maximum leverage of up to 1:500 for major currency pairs and precious metals, 1:20 for stock trading and 1:10 for cryptocurrencies.
Trading Platforms
FxPig broker offers a choice of two trading platforms – MT4 and cTrader, as well as the ability to trade on other platforms via the FIX API.
Trading instruments
FxPig offers a wide range of trading instruments, ranging from popular currency pairs, major stock indices, commodities, individual stocks of large American and European companies, and ending with the main cryptocurrencies in relation to both the euro and the US dollar.
What types of accounts does FxPig offer?
The uniqueness of this broker is that in addition to three types of accounts (Standard, Premium and Pro), it also offers two price channels: Raw + Commission with narrow spreads from 0 points and a commission of $ 2 per lot on each side and All–in -accounts without comissions and spreads from 0.7 points. In the screenshot below you can see the trading conditions for trading accounts in the Raw + Commission price channel.
And here are the trading conditions for All-in accounts.
What is the minimum deposit in FxPig?
After registering with FxPig, new clients will be asked to top up their trading account using the most common payment methods, such as bank transfer, debit or credit card, Skrill or Neteller e-wallets, and financing in BTC, ETH and USDT is also available. The minimum deposit in FxPig is $200.
Conclusions
FxPig can be a good choice for those who put the quality of trading conditions first, rather than the reliability of the financial regulator. The broker offers access to a large number of trading instruments, including currency pairs and CFDs on stocks, indices, metals and cryptocurrencies with the option of choosing a trading platform between MT4 and cTrader, as well as account types with floating spreads without commissions or with narrow spreads and a small commission.
Before choosing a broker, we recommend that you read the reviews of FxPig, as well as see our rating of Forex brokers.
General Information of FxPig | |
---|---|
Broker Name | FxPig |
Year of foundation | 2011 |
Headquarters> | Vanuatu |
Regulation | VFSC |
Trading Platforms | MT4, cTrader |
EURUSD Spread | 0.9 pips |
Demo account | + |
Minimum deposit | 200$ |
Base currencies | USD, EUR, GBP, JPY, CAD, AUD |
Maximum leverage | 1:500 |
Assets | Currency pairs, stocks, indices, metals, cryptocurrencies |
Deposit replenishment | BankTransfer, Visa/MasterCard, Skrill, Neteller, BTC, ETH, USDT |
Withdrawal fee | — |
Payment for inaction | — |
Islamic Accounts | — |
Segregated accounts | + |
PAMM accounts | — |
Partner account | + |
Scalping | + |
Automatic trading | + |
Mobile Trading | + |
Web Terminal | + |
Social trading | + |
Signals | — |
VPS | + |
Deposit bonuses | — |
Contests | — |
Support 24/5 | + |
- Year of foundation 2011
- Head Office address Level 2 Transpacific Haus Lini Highway Port Vila, Republic of Vanuatu
- Maximum leverage 1:500
- Min. deposit $200
- Regulation
- Trading Platforms
- Payment systems for input Bank Transfers, Debit/Credit Cards , Skrill, Neleller, BitCoin
- Payment systems for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, BitCoin
- Number of trading instruments 80
- Number of CFD instruments 150
- Number of metals 9