FXPIG review: Platforms, Accounts, Trading Conditions, and user ratings.

4.293 • 72 REVIEWS
Alchemy Prime Limited Prime Intermarket Group Asia Pacific Ltd
Updated: Mar 21, 2024

5 star review by DigitalPapaya, Australia

I've been with FXPIG for a couple of years. The absolute best service I have had with a broker. All my questions have been answered promptly, clearly and honestly. Any issues I've had have been dealt with on a personal level that I've not seen elsewhere. Definitely a trustworthy broker.

What is FXPIG?

FXPIG is a Forex and CFD multi-asset broker registered and regulated by VFSC (Vanuatu) established in 2010. Broker offers popular MT4 and MT5 platforms by MetaTrader, cTrader, and FIX API with no minimum volume requirements.

FXPIG claims 100% fast STP Execution via 18+ Tier-1 and Tier-2 liquidity providers, low spread and offers high leverage up to 1:500 with low minimum deposit of $200.

FXPIG accounts are structured by price feed and the tiers:

  • Raw Spread + Commission feed is available on MT4, MT5, cTrader, and FIX API with 3 account tiers: Standard, Premier, and Pro. With Standard account with the lowest minimum deposit of $200 and the highest cost of trading, and Pro account with the highest minimum deposit of $50,000 and lowest trading costs.
  • All-In feed features zero commission on Forex, Index CFDs, and Metals and is available with 2 account tiers: Standard, and Premier.

All trading styles are supported, including trading robots, scalping, news trading. FXPIG also offers robust PAMM and MAM software for money managers. Trading instruments include 80+ currency pairs and CFDs on Cryptocurrencies, Metal, Indicies, and popular US and EU stocks.

Please read FXPIG reviews below and share live trading experiences with this broker.

FXPIG.com is part of Alchemy Prime Limited group. Known members of this group include CXMPrime.com, AlchemyPrime.uk, CXMTrading.com, CastleRockFX.com, AlchemyMarkets.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum to Open Live: $200
Established: 2010
Address: 1276, Govant Building, Kumul Highway Port Vila, Republic of Vanuatu, Vanuatu
Contact: support@fxpig.com
Regional offices:
Regulators: VFSC #014578
Prohibited countries:
Trading platforms: MT4, MT5, cTrader, WebTrader, FIX API
Web Trading: βœ… Yes
Mobile Trading: βœ… Yes
ECN: βœ… Yes

Trading Instruments

Currencies: (80+)
Cryptocurrencies: (10+) Bitcoin, Litecoin, Ethereum
CFD: (250+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities, ETF

Trading Conditions

EAs/Robots: βœ… Yes
News Trading: βœ… Yes
Scalping: βœ… Yes

Managed Accounts & Social Trading

PAMM: βœ… Yes
Copy Trading: βœ… Yes
Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin, Cryptocurrency, Ether/Ethereum, Neteller, Skrill, Tether (USDT)
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Neteller, Skrill, Tether (USDT)
* Please check broker website for more information
4.293 • 72 REVIEWS

FXPIG Most Helpful Customer Reviews

Red Deer, Canada,
Jan 9, 2019,
Registered user

Thanks FXPIG

I have been with FXPIG for about year. They reimbursed me for a trade loss when I had a short disconnect from the server that happened only once and i do run a VPS. They have promptly answered every concern I have had in a very short period of time. I am in Canada and international wires take a while but I feel that I am dealing with people who want to continue to make their company better. That is why I continue to trust them with my money. I have never had a hint of price manipulation and you should definitely pick the price feed that works best for your system. But I guess that's partly what sets them apart from the others. This review has been long overdue. Thanks
2 traders have found this review helpful
Oct 16, 2018,
Registered user

I have just received the funds from FXPIG via Skrill today.
FXPIG has good customer service there was a problem with their bank
When I made the withdraw I requested it to be sent to a different bank that I funded the account originally from.

Oct 11, 2018 - 1 Star Stay Away far Away from FXPIG
I requested a withdraw on September 13th 2018
I am still waiting for my funds
Reply by Bily @ FXPIG submitted Dec 13, 2018:
Hello Skarzy,

We are fully transparent, and that is one of our main attributes.

We did have some issues with the bank with excessive delays in processing the funds from their end, and that is why we have changed the bank.

As for the skrill whds, they are processed usually with in few hours, depending of the work load in the finance department, but almost always during the same day.

I see 13th Sept was Thursday, and if it was later during the day and/or on Friday maybe the colleagues were not online, so it was processed only on Monday...
Sadly I can not check as I dont have your full name, but I can assure you that we have NEVER left a whd unprocessed.
Apr 23, 2018,
Registered user

Good broker

Very good respond by their customer service. Decent spreads and commission. Well organized company. Deposit fees are higher than other brokers. I didn't like when my account would fall below $1000 they would lower my leverage, although I had on all my accounts far above $1000. For that reason I stopped trading with FXpig.
Reply by Bily @ FXPIG submitted Dec 13, 2018:
Hello Jasdel,

The requirements for leverage above 1:100 are 1000 CCY per account, not total clients funds.
The reason for this is the business model we run- we are pure STP Broker, and we run a low risk business model.
We limit the leverage for accounts below 1000 CCY ( USD, EUR...) balance to 1:100 as they can easily get into negative balance during high volatility events/news.
So this is to protect the client and us as a broker as well from negative balance.
Belgrad, Serbia and Montenegro,
Nov 1, 2017,
Registered user

FXPIG can do anything

With FXPIGs, I met not very long ago, and now can happily say: WELL, FINALLY!!! Because today is the best of all the brokers with whom I have ever worked with. The minimum number of problems. Convenient interface of the site. The great speed of transactions. Honest quotes. With FXPIGs I'm sure working in the real market and not on some virtual account. They have the best technical support I ever met. And, no matter who will today be out of contact : Kevin, Sylvain, or Bily. Each day or night will quickly solve Your problem and will answer even the most unusual question. They always communicate professionally and with humor. With the PIGs I gained confidence and a positive attitude. It seems for them nothing is impossible. Instant Deposit and withdrawal confirmation email. I can say without exaggeration FXPIGs CAN DO ANITHING!!! It remains to wish them not to change anything and improve what has been achieved.
Miric, Serbia and Montenegro,
Oct 15, 2017,

I’m client of FXPIG broker already 1 year and can tell you that this broker has tightest spreads of the entire FX industry, especially on SPA acc. type. Execution is amazing for news trading and scalping.

Fund deposit and withdrawals are express fast. My favorite is their FXPIG Master Card.
With this card I no need to make withdrawals on my bank account. Because, all what I need to do is to make money transfer from MT4 to FXPIG Master Card and my money is ready to spend.

Also, their customer service is fastest which I ever met. They are always courteous and professional.

Simple, FXPIG way of working is absolutely compatible with mine. They understand the needs of traders and their business is directed towards it.

So, I decided to expand my FX business and will start with PAMM acc. on this broker.

Great recommendation from me.

Recent User Reviews of FXPIG

Tashkent, Uzbekistan,
Mar 1, 2022,
Registered user

This broker doesn't process withdrawals

Service use: Live Length of use: 0-3 Months
I requested withdrawal on 18 Feb, on 21 Feb it was marked as "done". Still no money in my wallet (after almost two weeks).

They keep repeating that "funds are safe, on their way", "problem on the PSP side", "will address this issue to the finance team" but... nothing happens. No email with explanations, no single effort to investigate the issue just "stay patient" over and over.

Withdrawals from two other brokers to the same wallet usually come within 24H.

Extremely disappointed that I decided to try use their services. 0 out of 5 stars. Verdict: SCAM
1 trader has found this review helpful
Italy, Italy,
Feb 10, 2022,
Registered user

Different broker

Service use: Live Length of use: over 1 Year
Im happy with fxpig. Leverage is so high. Execution is so low. Spreads are very good too for fx and gold while can be little better on indices. Withdrawals are fast too. Due to my trading performance in last months they sent me an hoodie as a present and i like it so so much! Others brokers have not that type of shrewdness. I can recommend this broker. What i can recommend to them is reduce a little bit deposit fees like on usdt or btc. This is one of best brokers currently on market.
Dubai, United Arab Emirates,
Dec 5, 2021,
Registered user

competitive spreads, fast execution, very helpfull support

Service use: Live Length of use: 0-3 Months
Hello FPA community,

I'm trading forex for around 6 years and just started using FxPig. I'm very happy with the service they are providing.
I had issues depositing with Neteller, but support helped me out immediately.
Feb 6, 2019,
Registered user

Best Broker I ever used

Hi! FxPig is the coolest broker i ever tried. I think because of the name it self makes it so unique! haha this is actually my most favorite broker of all i like to trade here with cTrader and MPA and SPA account (i think thats what they call it) both is so good. fast executions and i believe that its a 100% STP broker. The downside to me is the deposit charge.. with a charge of 2% or 3% i think via skrill a little bit demotivates me because its not that easy to trade forex we all know that, plus the fact that when you deposit you see you account deducted already before trading really hurts. I wish they can shoulder that for sure it will attract more customers for like what i said this broker is for real ^_^ sooo its an easy 5 star
2 traders have found this review helpful
Reply by Bily @ FXPIG submitted Mar 14, 2019:

Thank you for your words, much appreciated. :)

Regarding your comment about the deposit fees, those fees are charged by the PSP we use, and each service provider ( in any industry) charges for the service - that is what they live from.
Being a pure STP broker, our only revenue is the commission. With that being said, for us is not feasible to cover the fees on behalf of the clients, as in many cases the commission generated by the client would not be even sufficient to cover those fees.
Jan 13, 2019,

Fxpig customer support is great. They do give incentive for reviews but they did say they do not need sugar coat. They just want honest review and i do not know why this has to bring up to FPA. Any business, owner would wan good honest review on google review or whatever platform.

Their regulations is not well known but even well known regulations does not help much tough. It is just psychological that let us think that huge regulations is good.

I give 4 stars as i have not withdrawn money from them yet and hopefully, it work fine for me. Plus, they do not have sgd base account anymore. Besides that, all is good and fxpig is true ecn stp broker that do not have dealing desk and fix api account is easy to set up. Sadly, Kevin is not active on fxpig anymore. He is into his new crypto business. Let hope their forex and cryptocurrency work well together.
Forex Peace Army
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4 Star rating removed.

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Frequently Asked Questions

What is FXPIG?

FXPIG is an online forex broker, founded in 2010. FX PIG offers following assets to trade on MetaTrader 4, Metatrader 5, and cTrader.
  • Forex
  • Metals
  • Commodities
  • Equities
  • Indices

Is FXPIG regulated?

FX PIG is operated through Prime Intermarket Group Asia Pacific Ltd.

Prime Intermarket Group Asia Pacific Ltd holds a Principal's License for dealing in securities, granted by the Minister of Finance and Economic Development of Vanuatu, under the arm of the Vanuatu Financial Services Commission (VFSC Company Number 014578).

What is the minimum deposit for FXPIG?

The minimum deposit for FXPIG is $200 or equivalent for their Standard Account.  Please see FXPig's website for details of other account types.

What is the maximum leverage for FXPIG?

The maximum leverage for FXPIG is 500:1 across all account types (Standard, Premiere and Pro).

How do I open an account with FXPIG?Start your application now by clicking here>>"

Opening a live account at FXPIG is quick and easy.  It should only take only 10 minutes or less.

FXPIG says that their review and approval of documents should take an hour or less on business days.  Once approved, trading can begin.

Start your application now by clicking here>>