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
|Headquartered||Port Vila, Vanuatu|
FXPIG Account Information
|Account Currencies||USD, EUR, GBP, JPY, CAD, AUD|
|Web Trading App||Yes|
|Deposit Methods||Credit/Debit Cards, Wire Transfer, Skrill, Neteller|
|Withdrawal Methods||Credit/Debit Cards, Wire Transfer, Skrill, Neteller|
|Commission||$5 / Lot Round Turn|
|Professional Accounts||$500 Minimum Deposits|
FXPIG Trading Information
|Minimum Lot Size||0.01|
|STP Or Dealing Desk||No|
|Negative Balance Protection||No|
FXPIG Industry Reviews
Which Platforms Do FXPIG Offer?
|Trading Platforms||MetaTrader 4, MetaTrader 4 iOS, MetaTrader 4 Android, cTrader, cTrader iOS, cTrader Android, cTrader Web|
|VPS For Traders||Yes|
|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!