FXPIG Broker Reviews and Full Information

FXPIG is a direct access forex broker offering MT4, cTrader, and FIX API. This review will cover regulation, commissions, PAMM accounts, and more. Find out if you should login and start trading with FXPIG.

FXPIG Company Details

Prime Intermarket Group Asia Pacific Ltd, trading as FXPIG, was founded in New Zealand in 2010 and holds a license with the Vanuatu Financial Services Commission (VFSC).

Opting for a distinctive, light-hearted brand, FXPIG provides a fun and interactive trading experience for its users.

Trade Platforms

MetaTrader 4

MetaTrader4 (MT4) provides a complete package of trading tools. FXPIG claims they have made the platform even more powerful with:

• Level II market depth data
• All feeds allow for hedges
• Unlimited open orders at any given time
• Real STP features without dealer plugins or B-book
• There are no restrictions on proximity when you place entry or exit orders
• In 5 minutes, API can be set up

MT4 can be downloaded from the broker’s website and is compatible with Windows PCs.

cTrader WebTrader

cTrader, a more recent platform that is certainly more advanced, is suitable for all levels of traders. It is a web-based platform that allows users to trade from anywhere they have an internet connection.

These features include:

• Direct chart trading
• Accessibility: Native Fix 4.4
• Smart stop out capabilities
• Visual deal mapping on charts
• Asynchronous order processing
• Auto move to breakeven and trailing stops

FIX API

FXPIG provides FIX 4.4 for all clients without any minimum volume requirements and no monthly brokerage fees. FIX API differs from MT4 or cTrader in that it allows you to trade directly over the FIX API link, which results in faster order execution times. FIX API is a great option for traders who are experienced and can be accessed from the account area.

Markets

FXPIG, a multi-asset broker, offers forex, single stocks and indices CFDs. It also offers metals, cryptocurrencies, CFDs and energies.

• Stocks 80+
• Forex 80+
• Indices 10+
• Metals 10+
• Crypto 10+, Dogecoin

Spreads & Commissions

Spreads on major forex pairs start from 0.2 pips in EUR/USD for the EUR/USD and around 0.9 for GBP/USD. They also start at 0.6 for EUR/GBP. If you want to lower trading costs, this broker is a good choice.

Depending on the type of account, commissions may be charged. Commissions are the same for cTrader and Mt4.

Raw+Commissions Account Type

Standard: $4 per side on FX metals, commodities, and 0.35% on stocks, Cryptos, and 0 Fees for Indices CFDs
Premiere $3 per lot on FX, Metals, Commodities, 0.30% Stocks, Cryptos, 0 Fees for Indices CFDs
Pro: $2/lot per side on FX metals, commodities and stocks, 0.25% for cryptos, 0 Fees for Indices CFDs

All In Account Type

Standard 0.35% commission on FX, Metals, Commodities, Stocks, Cryptos, 0 Fees for Indices CFDs
Premiere 0.30% commission on FX, Metals, Commodities, Stocks, Cryptos, 0 Fees for Indices CFDs

Leverage

FXPIG provides up to 500% leverage for FX majors, minors, gold, and silver. Exotic FX pairs offer 100:1 maximum leverage. The leverage for single stocks is 20:1 and cryptos is 10:1, respectively. CFDs for Indices can leverage up to 100 times, while crude oil leverages at 200 times. The margin call is 100 percent and the stop-out level is 50 percent.

Mobile Apps

FXPIG provides mobile apps for MT4 or cTrader platforms. Both can be downloaded to Android and iOS devices. The broker's website also contains QR codes that allow users to access the mobile platform cTrader.

Clients can connect to the platform from anywhere they are, and still have access to many of the same features as the desktop or web-trader versions.

Payment Methods

Minimum deposit: $200
Methods of deposit

• Bank wire
• Visa credit card
• Skrill
• Neteller
• Bitcoin
• Keep it up

Methods of withdrawal:

• Bank wire
• Visa credit card
• Skrill
• Neteller
• Bitcoin
• Keep it up

Bank fees

Skrill deposit: 3.5% (Charged through the payment gateway
Deposit with Neteller: 3.5% (Charged through the payment gateway).
Bank Wire International: No fee

Charges for withdrawals

• 35 USD Worldwide Swift Transfer
• EURO SEPA: 15 EUR
• Skrill: 1%
• Neteller: 2%
• Uphold: $15

Demo Account

Demo accounts are available to those who want to trade before opening a real account. Users can open as many demo accounts on the MT4, FIX and cTrader platforms from the client portal.

Deals and Promotions

FXPIG currently does not offer welcome rebates or no deposit bonuses. This could change, so make sure to check the broker's website before creating an account.

Regulation and Licensing

FXPIG is licensed by the Vanuatu Financial Services Commission.

Additional Features

FXPIG has many additional features. These include an Education page that includes blogs, articles and videos as well as a Market Analysis Page to help educate new and experienced traders. Calculators for stop loss/take profits, margin, SWAP and commissions are just a few of the other tools available to traders. Myfxbook also offers social trading.

Types of accounts

There are three accounts available and two price feeds.

Feeds

Types of feeds: All In, Raw+Commissions

Types

Types of accounts

• Standard
• Premiere
• Pro

FXPIG requires $200 to open a live account. They offer currency options in USD, EUR and GBP as well as JPY, AUD and CAD. Minimum order size is 0.01 lots and maximum lot size per click 100 lots.

FXPIG offers many PAMM accounts, including D.O.O.R. and Volta as well as ONDA, FXTitan, and Volta.

Benefits

FXPIG offers many reasons to trade:

• More than 100 countries are available, including Canada and China.
• MetaTrader 4, cTrader and FIX API are available
• Transparent pricing and account conditions
• A variety of payment options
• Fast customer service

Drawbacks

FXPIG is not without its flaws, according to reviews.

• Islamic swap-free accounts are not available

Trading hours

Forex trading is available 24 hours a day, 5 days a semaine from 5 p.m. EST on Sunday to 4 p.m. EST Friday. The broker's website will provide details about the trading hours for commodities and indices.

Customer Support

FXPIG customer support can reached via:

• Skype – chat.fxpig
• Email – [email protected]
• Contact form online -available on the Contact page
• Live Chat - located at the bottom right-hand corner on the website

The live chat service was responsive within minutes. Support staff was helpful.

User Security

MetaTrader 4 is protected with 128-bit Secure Sockets Layer encryption (SSL), as well as two-factor authentication. Client data is protected by cTrader ID (cTID), which are stored on dedicated servers.

FXPIG Verdict

FXPIG is a unique brand that offers something new. FXPIG clients enjoy award-winning liquidity, tight spreads and helpful customer service. FXPIG is a fun, unique option if you are looking for something different.

Accepted countries

FXPIG is open to traders from Australia, Thailand and Canada.

FXPIG cannot be used by traders from Vanuatu, the United States or Vanuatu.

Alternatives to FXPIG

Below is a list of top 5 brokers similar to FXPIG. This is a list of brokers similar to FXPIG. It only includes companies that allow traders from your area.

1. RoboForex RoboForex RoboForex RoboForex RoboForex is an online multi-asset broker that offers powerful trading aides.
2. FP Markets FP Markets FP Markets FP Markets FP Markets FP Markets is a multiasset broker that offers a variety of trading platforms.
3. Infinox – Infinox, a UK-based broker that offers MT4 trading at tight spreads, is based in the UK.
4. TP Global FX TP Global FX TP Global FX TP Global FX offers a wide range of financial assets, with spreads starting at 0.1 pips. They are a rising brand that focuses on innovation and transparency.
5. Global Prime - Global Prime - Global Prime is multi-regulated trading broker that offers 100+ markets.

FAQ

Which accounts are available at FXPIG

Traders have the option to choose between Standard, Premiere or Pro accounts with ALL-IN Feed and RAW+Commission Feed. FXPIG also offers many PAMM account options, which are described on the website.

Which payment options are available at FXPIG

FXPIG offers a variety of payment options, including bank wires, credit cards and Neteller, Skrill as well as Bitcoin and Uphold.

What is the commission rate for FXPIG accounts

Based on account tiers, commissions are charged. Raw+Commissions Account Type
Standard: $4 per side on FX metals, commodities, and 0.35% on stocks, Cryptos, and 0 Fees for Indices CFDs
Premiere $3 per lot on FX, Metals, Commodities, 0.30% Stocks, Cryptos, 0 Fees for Indices CFDs
Pro: $2/lot per side on FX metals, commodities and stocks, 0.25% for cryptos, 0 Fees for Indices CFDs
All In Account Type
Standard 0 Commission on FX, Metals, Commodities, 0.35% Stocks, Cryptos, 0 Fees for Indices CFDs
Premiere 0.30% commission on FX, Metals, Commodities, Stocks, Cryptos, 0 Fees for Indices CFDs

Is FXPIG regulated in any country?

FXPIG is licensed by the Vanuatu Financial Services Commission.

How can I open an FXPIG account?

1. Create a live account on our website by clicking 'Open Live Account' You will be redirected to https://portal.fxpig.com/register to complete a form.
2. An email will be sent to you with the details of your live trading account and instructions for activating your account.
3. After your email has been confirmed, you will be able to log in to your account. Complete the application.
4. After your application has been approved, your account can be funded.