FxPig
Published: Updated:
- Trust score
- 3/10
- Legal simplicity
- 4/10
- Min. deposit
- 200
- Regulations
- Payment systems
- Instruments
- Forex, Metals, Indices, Commodities, Energies, Cryptocurrencies
- Legal entity
- FXPIG Ltd
- Jurisdiction
- Saint Vincent and the Grenadines
- Fees
- Pricing is raw spread with a per-lot commission across account types, aimed at traders who want visible costs rather than embedded ones. Overnight swaps apply, and swap-free accounts are available on request.
- Withdrawals
- Withdrawals return to the funding method and are normally processed within one to two business days.
- Available in
Features
- Low minimum deposit
- Copy trading
- Segregated client accounts
- ECN accounts
- Scalping allowed
- Affiliate program
- Wide range of trading instruments
Pros
- No standout advantages on record.
Cons
- No notable drawbacks on record.
FxPig has operated as a Forex and CFD broker since 2011 from the Republic of Vanuatu under the offshore VFSC license. It supports MT4 and cTrader (plus FIX API access), three account tiers, and a range of currency pairs, indices, commodities, stocks, and cryptocurrencies. The minimum deposit is $200.
FxPig is a Vanuatu-registered ECN/STP broker offering MT4 and cTrader, copy trading, and a $200 minimum deposit across raw-spread and all-in accounts.
Regulation and safety
FxPig is registered under the Vanuatu Financial Services Commission (VFSC), an offshore regulator. Client funds are held in segregated accounts, but VFSC oversight is lighter than FCA-, ASIC-, or CFTC-tier regulators, so weigh this before depositing.
Leverage
Maximum leverage is 1:500 on major currency pairs and precious metals, 1:20 on stocks, and 1:10 on cryptocurrencies. Higher leverage magnifies both gains and losses.
Trading platforms
FxPig supports MetaTrader 4 (MT4) and cTrader, plus FIX API connectivity for traders who prefer other platforms.
Available instruments
The instrument range covers major currency pairs, stock indices, commodities, individual US and European stocks, and cryptocurrencies quoted against the euro and US dollar.
Account types and pricing
FxPig offers three account tiers — Standard, Premium, and Pro — across two pricing models: Raw + Commission accounts with spreads from 0 pips plus a $2 per lot commission per side, and All-in accounts with zero commission and spreads from 0.7 pips.
Minimum deposit
The minimum deposit to open an account is $200.
Broker profile
| Broker name | FxPig |
|---|---|
| Year founded | 2011 |
| Headquarters | Republic of Vanuatu |
| Regulation | VFSC (Vanuatu Financial Services Commission) |
| Trading platforms | MT4, cTrader |
| EUR/USD spread | 0.9 pips |
| Demo account | Available |
| Minimum deposit | $200 |
| Base currencies | USD, EUR, GBP, JPY, CAD, AUD |
| Maximum leverage | 1:500 (majors and metals), 1:20 (stocks), 1:10 (crypto) |
| Assets | Currency pairs, stocks, indices, metals, cryptocurrencies |
| Deposit methods | Bank transfer, Visa/MasterCard, Skrill, Neteller, BTC, ETH, USDT |
| Withdrawal fee | — |
| Payment for inaction | — |
| Islamic accounts | — |
| Segregated accounts | Available |
| PAMM accounts | — |
| Partner account | Available |
| Scalping | Available |
| Automated trading | Available |
| Mobile trading | Available |
| Web terminal | Available |
| Social trading | Available |
| Signals | — |
| VPS | Available |
| Deposit bonuses | — |
| Contests | — |
| Support | 24/5 |
Verdict
FxPig suits traders who prioritize spreads, leverage, and instrument variety over top-tier regulation. Its offshore VFSC license means weaker investor protection than FCA- or ASIC-regulated brokers, so factor that into any deposit decision.
Trading conditions
FXPIG targets experienced and algorithmic traders with raw-spread pricing, direct liquidity access and no restrictions on trading style — scalping, news trading and high-frequency strategies are explicitly permitted rather than tolerated.
Platform choice covers MetaTrader 4, MetaTrader 5 and cTrader, which is broader than most brokers of this size offer.
The trade-off is the jurisdiction. A broker positioned for professionals but operating without supervision leaves execution quality and withdrawal reliability entirely to its own record, and that record is the only thing worth weighing here.
Verification
Verification requires photo ID and a proof of address, normally reviewed within one to two business days and required before the first withdrawal.
Saint Vincent registers companies but does not license or supervise forex business. There is no leverage cap, no conduct rulebook, no complaints mechanism and no compensation scheme. Test execution on a small live account before committing size to an automated strategy — fill quality is the variable that matters most here and it cannot be verified from a website.
