FxPig
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
FxPig
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 Founded | 2011 |
| Headquartered | Port Vila, Vanuatu |
| Regulation | VFSC (Vanuatu) |
| Office Locations | Vanuatu |
FXPIG Account Information
| Minimum Deposit | $200 |
| Account Currencies | USD, EUR, GBP, JPY, CAD, AUD |
| Islamic Accounts | No |
| USA Traders | No |
| Mobile Trading | Yes |
| Web Trading App | Yes |
| Deposit Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller |
| PAMM Accounts | Yes |
| ECN Accounts | Yes |
| Commission | $5 / Lot Round Turn |
| Micro Accounts | No |
| Professional Accounts | $500 Minimum Deposits |
FXPIG Trading Information
| Maximum Leverage | 500:1 |
| Minimum Lot Size | 0.01 |
| STP Or Dealing Desk | No |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Execution | Market Execution |
| Negative Balance Protection | No |
FXPIG Industry Reviews
| General Consensus | Trustworthy |
| TrustPilot | 4.1/5 |
| ForexPeaceArmy | 4.3/5 |
Which Platforms Do FXPIG Offer?
| Trading Platforms | MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android, cTrader, cTrader iOS, cTrader Android, cTrader Web |
| Crypto Trading | Yes |
| VPS For Traders | Yes |
| Demo Account | Non-Expiring |
| Instant One Click Trading | Yes |
| Number Of Pairs Offered | 80 |
In summary, FxPig 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, 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!
