FXPIG

Vanuatu | 5-10 years |

Suspicious Regulatory License | MT4 Full License | Vanuatu Retail Forex License Revoked | High potential risk

https://www.fxpig.com/

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Company Summary

FXPIG Review Summary
Founded	2009
Registered Country/Region	United States
Regulation	VFSC (Revoked)
Market Instruments	Forex, cryptos, energy, metals, indices, US stocks
Demo Account	✅
Spread	From 0.0 pips
Leverage	Up to 500x
Trading Platform	MT4, MT5, cTrader
Minimum Deposit	$200
Customer Support	Contact ticket, live chat, WhatsApp, Telegram
	Social platforms: Facebook, Twitter, LinkedIn, Instagram
	Email: support@fxpig.com
	Address: Lisi Lake, Hall 1, Floor 2, Flat N6, Tbilisi, Georgia, 0159
Restricted Regions	UK, EU countries

FXPIG Information

FXPIG is a US-based forex broker who offers a wide range of trading services in 300+ products, including assets in forex, commodities, cryptos, indices and US stocks. It offers a demo account for you to get familiar with the platform and your trading strategy. Besides, three tiered live accounts are available to suit different levels of investors.

Traders can excute trades on the well-acclaimed MetaTrader 4 and 5 platforms, as well as cTrader. Trading tools such as VPS, trading calenders, are available to enhance trading efficiencies.

However, one crucial point to note is that although the broker claims to be regulated by the VFSC, the regulation status is revoked only, indicating possibility of withdrawal of the license.

Pros and Cons

Pros	Cons
Demo accounts	Revoked VFSC regulation
MT4 and MT5 platforms	Trading commissions charged
Tight starting spreads	High minimum deposit
Multiple tiered accounts
Live chat support

Is FXPIG Legit?

FXPIG is currently being regulated by VFSC (Vanuatu Financial Services Commission) with license no. 014578.

However, you should be aware that the regulation status is listed as revoked, suggesting a possible suspension or cancellation of the brokers license.

Regulated Country	Regulator	Current Status	Regulated Entity	License Type	License No.
	VFSC	Revoked	Prime Intermarket Group Asia Ltd	Retail Forex License	014578

What Can I Trade on FXPIG?

Trading Instruments	Supported
Forex	✔
Cryptos	✔
Energy	✔
Metals	✔
Indices	✔
US Stocks	✔
Bonds	❌
Options	❌
ETFs	❌

Account Type

FXPIG not only offers a demo account for you to simulating real trading with virtual funds before tapping into real trading, but also three tiered live accounts with different traidng conditions to suite various levels of investors and different products:

Account Type	Minimum Deposit	Spread	Commission for forex	Commission for index CFD	Commission for single stock	Commission for cryptos
Standard	$200	From 0.0 pips	$4 per trade	❌	0.35%	0.35%
Premiere	$5,000		$3 per trade	❌	0.3%	0.3%
Pro	$50,000		$2 per trade	❌	0.25%	0.25%

Leverage

FXPIG offers leverage up to 500x, allowing traders to amplify their initial position at 500 times.

However, leverage not only signifies profits, but also losses, thus please always deal with leverage at your utmost cautions with full considerations.

Trading Platform

FXPIG claims to use the world renowned MetaTrader 4 and 5 platforms, which are well-recognized by its advanced charting tools and robust functionalities.

Besides, cTrader, suitable for experienced investors who want depth of market, is also available with FXPIG.

You can reach the platforms on web, or download app from Windows, mobiles phones.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web/Windows/Mobile phones	Beginners
MT5	✔	Web/Windows/Mobile phones	Experienced traders
cTrader	✔	Web/Windows/Mobile phones	Seasoned traders