FXPIG Review 2021 – Pros and Cons


FxPig

8.1

TRADING CONDITIONS

9.0/10

REGULATION

5.0/10

PRODUCTS

10.0/10

DEPOSIT/WITHDRAWAL

7.5/10

REPUTATION

9.0/10

Pros

  • HIGH 1:500 LEVERAGE
  • A GOOD RANGE OF TRADING PLATFORMS
  • ECN/STP BROKER
  • HIGHLY REGARDED IN THE INDUSTRY
  • CRYPTO TRADING OFFERED

Cons

  • NOT THE HIGHEST LEVELS OF REGULATION

FxPigOpens in a new tab. is an STP forex broker, based out of Vanuatu, offering 1:500 leverage on over 80 currency pairs, cryptos and stocks. With a minimum deposit of $200, a minimum lot size of 0.01 and all of the trading platforms you can ever need, this is a great broker for traders! However, with so many brokers out there in the industry, is FxPig the best broker for you? Let’s find out…

FXPIG Company Information

Year Founded2011
HeadquarteredPort Vila, Vanuatu
RegulationVFSC (Vanuatu)
Office LocationsVanuatu

FXPIG Account Information

Minimum Deposit$200
Account CurrenciesUSD, EUR, GBP, JPY, CAD, AUD
Islamic AccountsNo
USA TradersNo
Mobile TradingYes
Web Trading AppYes
Deposit MethodsCredit/Debit Cards, Wire Transfer, Skrill, Neteller
Withdrawal MethodsCredit/Debit Cards, Wire Transfer, Skrill, Neteller
PAMM AccountsYes
ECN AccountsYes
Commission$5 / Lot Round Turn
Micro AccountsNo
Professional Accounts$500 Minimum Deposits

FXPIG Trading Information

Maximum Leverage500:1
Minimum Lot Size0.01
STP Or Dealing DeskNo
Scalping AllowedYes
Hedging AllowedYes
ExecutionMarket Execution
Negative Balance ProtectionNo

FXPIG Industry Reviews

General ConsensusTrustworthy
TrustPilotOpens in a new tab.4.1/5
ForexPeaceArmyOpens in a new tab.4.3/5

Which Platforms Do FXPIG Offer?

Trading PlatformsMetaTrader 4Opens in a new tab., MetaTrader 4 iOS, MetaTrader 4 Android, cTraderOpens in a new tab., cTrader iOS, cTrader Android, cTrader Web
Crypto TradingYes
VPS For TradersYes
Demo AccountNon-Expiring
Instant One Click TradingYes
Number Of Pairs Offered 80

In summary, FxPigOpens in a new tab. is a great forex trading broker, especially for newer traders in the markets. They offer such competitive spreads, low deposit options, a range of payment methods, every pair you could every need as a forex trader and a range of platforms to suit all!

FxPig have an excellent reputation within the online forex trading community as a great, reputation, trustworthy broker. The reason I mention that they would be best for newer traders is because of the lack of regulation the company has. Although FxPig are regulated, they are only regulated in one jurisdiction. If you are coming into the markets with a large deposit, I would personally recommend a broker with more regulation such as HotForex,Opens in a new tab. but this will impact on the amount of leverage offered.

If you have trading experience with FxPig, please drop a comment below – I’d love to hear your feedback!

Kyle Townsend

I've been trading forex full-time since 2016. Over the last few years I have tried and tested all of the most popular forex brokers after being scammed by an unregulated broker back in 2017. I post my reviews to help others stay away from potentially high risk brokers!

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