FXPIG-Overview of Minimum Deposit, Spreads & Leverage

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

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?

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:

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.