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FXPIG Review and Tutorial 2021

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Facts & Figures
FXPIG is a straight-talking forex, indices & commodities broker offering tight spreads.
Awards

N/A

Bonus None
Instruments Forex, Indices, Metals, Single Stocks, Cryptos, Commodities
Demo Account Yes
Min. Deposit $200
Pay Methods Bitcoin Payments, Neteller, Skrill, Visa, Wire Transfer
Min. Trade 0.01 lots
Regulated By VFSC
MetaTrader 4 Yes
MetaTrader 5 No
cTrader Yes
ECN Account No
DMA Account No
Mobile Apps Yes
Auto Trading Yes
Social Trading Yes
Copy Trading Yes
Trade Signals No
Islamic Account No
CFD
FTSE Spread 0.74
GBPUSD Spread 0.906
Oil Spread 0.21
Stocks Spread N/a
Leverage 1:500
Forex
Trade over 80+ forex currency pairs from around the world.
GBPUSD Spread 0.906
EURUSD Spread 0.243
EURGBP Spread 0.6
Assets 80+
Risk Warning – Your capital is at risk

FXPIG is an immediate access forex broker contribution MT4, cTrader, and FIX API. This review will cover guidelines, commissions, PAMM records, and then some. See whether you ought to log in and begin trading with FXPIG.

FXPIG Company Details 

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

Choosing an unmistakable, carefree brand, FXPIG gives a fun and intuitive trading experience for its clients.

Trading Platforms 

MetaTrader 4 

MetaTrader 4 (MT4) offers an entire bundle of trading apparatuses, and FXPIG guarantees they’ve made the platform surprisingly better, with highlights including: 

  • Level II market profundity information 
  • Supporting permitted on all feeds 
  • Limitless open requests at any one time 
  • Genuine STP highlights with no B-book or seller modules 
  • No nearness limitations while putting in a passage or leave requests 
  • The programming interface can be an arrangement in 5 mins 
  • MT4 is viable with Windows PCs and can be downloaded from the broker’s site.

cTrader WebTrader 

cTrader is a more up-to-date yet seemingly further developed platform, reasonable for all degrees of traders. It’s an electronic platform so that clients can exchange any place with a web association. 

Highlights include: 

  • Direct outline trading 
  • Local Fix 4.4 openness 
  • Shrewd stop out capacities 
  • Visual arrangement planning on outlines 
  • Nonconcurrent request preparing 
  • Auto move to breakeven and following stops

FIX API 

FXPIG offers FIX 4.4 to all customers with no minimum volume prerequisites or minimum month-to-month brokerage costs. FIX API is not the same as MT4 and cTrader in that you exchange straight over the FIX API association, bringing about speedier request execution times. FIX API is ideal for experienced traders and is open from the record region.

Markets 

FXPIG is a multi-resource broker which offers forex, single stocks, lists CFDs, metals, digital currencies, CFDs and energies.

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

Spreads & Commissions 

Spreads on significant forex sets start at 0.2 pips for the EUR/USD, around 0.9 for the GBP/USD, and 0.6 for the EUR/GBP. This is serious and makes the broker an appealing recommendation if you’re hoping to continue to exchange costs down. 

Commissions are charged relying upon the record type. The commissions are the same across Mt4 and cTrader.

Raw+Commissions Account Type

Standard: $4 per lot per side on FX, metals, commodities, 0.35% on stocks, cryptos, 0 fees for Indices CFDs
Premiere:  $3 per lot per side on FX, metals, commodities, 0.30% on stocks, cryptos, 0 fees for Indices CFDs
Pro:  $2 per lot per side on FX, metals, commodities, 0.25% on stocks, cryptos, 0 fees for Indices CFDs

All-In Account Type

Standard: 0 commission on FX, metals, commodities,  0.35% on stocks, cryptos, 0 fees for Indices CFDs
Premiere:  0 commission on FX, metals, commodities,  0.30% on stocks, cryptos, 0 fees for Indices CFDs

Leverage 

FXPIG presents 500:1 leverage for FX majors and minors, gold and silver. The greatest leverage offered for extraordinary FX sets is 100:1. Leverage for single stocks and cryptos are 20:1 and 10:1 separately. Records CFDs have leverage up to 100:1 while unrefined petroleum has the leverage of 200:1. The edge call is 100%, and the stop-out level is half.

Mobile Apps 

FXPIG offers MT4 and cTrader platforms as mobile applications. Both are accessible for download to iOS and Android devices. Clients can likewise discover QR for the cTrader mobile platform from the broker’s site. 

Customers can remain associated with the platform while in a hurry and advantage from many similar highlights accessible on the work area and web merchant renditions.

Payment Methods 

Minimum deposit: $200
Deposit methods:

  • Bank wire
  • Visa credit card
  • Skrill
  • Neteller
  • Bitcoin
  • Uphold

Withdrawal methods:

  • Bank wire
  • Visa credit card
  • Skrill
  • Neteller
  • Bitcoin
  • Uphold

Bank charges;

Skrill deposit: 3.5% (Charged by the payment gateway)
Neteller deposit: 3.5% (Charged by the payment gateway)
Bank Wire International: No fee

Withdrawals charges:  

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

Demo Account 

A demo account is accessible for individuals who wish to work on trading before proceeding with a live record. Clients can decide to open as many demo accounts as they need from the customer entryway on the MT4, FIX API and cTrader platforms.

Deals & Promotions 

At the hour of composing, FXPIG doesn’t offer any no deposit rewards or welcome refund advancements. This may change, so check the broker’s site before you make a record.

Regulation & Licensing 

FXPIG works under a permit from the Vanuatu Financial Services Commission (VFSC).

Additional Features 

FXPIG offers some extra highlights, incorporating an Education page with sites, articles, and recordings, just as a Market Analysis page to instruct new and prepared traders. Other trading apparatuses include number crunchers for stop misfortune/take benefit, edge, SWAP, commissions, and that’s only the tip of the iceberg. Social trading is likewise accessible through Myfxbook.

Account Types 

There are three accounts to choose from and two price feeds available.

Feeds 

Type of feeds: All-In, Raw+Commissions

Types 

Account types;

  • Standard
  • Premiere
  • Pro

The minimum deposit to open a live record at FXPIG is $200 and is accessible in USD, EUR, GBP, JPY, AUD, CAD. The minimum request size is 0.01 parcel, and the max part size per click is 100 parcels. 

FXPIG additionally offers a few PAMM records like DOOR, Volta, ONDA, and FXTitan.

Benefits 

There are a few motivations to exchange with FXPIG: 

  • Accessible in more than 100 nations, including Canada and China 
  • MetaTrader 4, cTrader, and FIX API accessible 
  • Straightforward evaluating and record conditions 
  • Scope of installment techniques 
  • Quick client care

Drawbacks

Reviews additionally highlight a few downsides of FXPIG: 

  • No Islamic trade free records

Trading Hours

Forex trading is open 24 hours, five days per week, from 5 pm EST on Sunday until 4 pm EST on Friday. Explicit trading hours for lists and items change and can be found on the broker’s site.

Customer Support 

FXPIG’s client care can be reached through: 

  • Skype – chat.fxpig
  • Email – support@fxpig.com
  • Online contact form – available from the Contact page
  • Live chat – located in the bottom right-hand corner of the website

On testing the live talk administration, reactions were gotten two or three minutes, and the care staff were helpful.

User Security 

The MetaTrader 4 platform is gotten with 128-cycle Secure Sockets Layer (SSL) encryption just as two-factor confirmation. cTrader gets customer information through cTrader ID (cTID) certifications, which devoted workers hold.

FXPIG Verdict

With its unique image, FXPIG offers something other than what’s expected. Customers profit with grant-winning liquidity, tight spreads, accommodating client care, in addition to the MT4 and cTrader platforms. In general, if you’re searching for something fun and extraordinary, FXPIG could be the right choice.

Accepted Countries 

FXPIG acknowledges traders from Australia, Thailand, Canada, United Kingdom, South Africa, Singapore, Hong Kong, India, France, Germany, Norway, Sweden, Italy, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most different nations. 

Traders can not utilize FXPIG from United States, Vanuatu.

Alternatives to FXPIG 

If you are searching for options in contrast to FXPIG, we have ordered a rundown of the best five brokers that are like FXPIG beneath. This rundown of brokers like FXPIG is arranged by closeness and incorporates organizations acknowledging traders from your area.

  1. RoboForex – RoboForex is a multi-asset online broker offering powerful trading aides.
  2. FP Markets – FP Markets is a multi-asset broker offering a choice of trading platforms.
  3. OctaFX – OctaFX offers multi-asset trading on a range of platforms and mobile solutions.
  4. Global Prime – Global Prime is a multi-regulated trading broker offering 100+ markets.
  5. ThinkMarkets – ThinkMarkets is multi-regulated forex and CFD broker

FAQ 

What records are accessible at FXPIG? 

Traders can browse Standard, Premiere and Pro records across ALL-IN Feed or RAW+Commission Feed. Furthermore, FXPIG offers a few PAMM account options that are definitely on the site. 

What installment strategies are accessible at FXPIG? 

Installment techniques offered by FXPIG incorporate bank wires, Mastercards, Neteller, Skrill, Bitcoin and Uphold. 

What is the commission rate on FXPIG accounts? 

Commissions are charged based on account tiers. Raw+Commissions Account Type
Standard: $4 per lot per side on FX, metals, commodities, 0.35% on stocks, cryptos, 0 fees for Indices CFDs
Premiere:  $3 per lot per side on FX, metals, commodities, 0.30% on stocks, cryptos, 0 fees for Indices CFDs
Pro:  $2 per lot per side on FX, metals, commodities, 0.25% on stocks, cryptos, 0 fees for Indices CFDs
All-In Account Type
Standard: 0 commission on FX, metals, commodities,  0.35% on stocks, cryptos, 0 fees for Indices CFDs
Premiere:  0 commission on FX, metals, commodities,  0.30% on stocks, cryptos, 0 fees for Indices CFDs

Where is FXPIG controlled? 

FXPIG works under a permit from the Vanuatu Financial Services Commission (VFSC). 

How would I open a record at FXPIG? 

1. Make a live record on our site by clicking ‘Open Live Account’ You will be diverted to https://portal.fxpig.com/register to finish a structure. 

2. You will get an email to actuate your record alongside your live trading account subtleties. 

3. When your email is affirmed, you can sign in to your record. To finish the application. 

4. When your application is supported, you can finance your record.

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