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FXPIG-Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-06-05 14:51

Abstract:  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.

FXPIG Review Summary
Founded2009
Registered Country/RegionUnited States
RegulationVFSC (Revoked)
Market InstrumentsForex, cryptos, energy, metals, indices, US stocks
Demo Account✅
SpreadFrom 0.0 pips
LeverageUp to 500x
Trading PlatformMT4, MT5, cTrader
Minimum Deposit$200
Customer SupportContact 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 RegionsUK, 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.

FXPIG's homepage

Pros and Cons

Pros Cons
Demo accountsRevoked VFSC regulation
MT4 and MT5 platformsTrading commissions charged
Tight starting spreadsHigh 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 CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
VFSCRevokedPrime Intermarket Group Asia LtdRetail Forex License014578
Revoked VFSC license

What Can I Trade on FXPIG?

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

What Can I Trade on FXPIG?

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 TypeMinimum Deposit Spread Commission for forexCommission for index CFDCommission for single stockCommission for cryptos
Standard$200From 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%
Account comparison

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 PlatformSupported Available Devices Suitable for
MT4✔Web/Windows/Mobile phonesBeginners
MT5✔Web/Windows/Mobile phonesExperienced traders
cTrader✔Web/Windows/Mobile phonesSeasoned traders
MT4 platform
MT5 platform
cTrader platform
LeverageBrokerCommissionCurrency PairDealer

Related broker

No Regulation
FXPIG
Company name:Prime Intermarket Group Eurasia LLC
Score
2.45
Website:https://www.fxpig.com/
5-10 years | Suspicious Regulatory License | MT4 Full License | White label MT5
Score
2.45

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