FXPIG

About company:

International Forex Broker FXPIG is licensed by the Republic of Vanuatu, located in the South Pacific in the immediate vicinity of New Zealand, where the company was originally established. It was received in 2016. The broker chose an unconventional name, his brand is associated with a pig, which is presented as the company's mascot. The brand's accent is pink, just like the pigskin.

 

The user's first impression after viewing a website is mixed. It is not entirely clear what the founders of the company were guided by in choosing such a mascot. One thing is clear, the format that many brokers are striving for is not used here. The information is presented in a slightly humorous way, and the representatives of FXPIG promise trading without smoke and mirrors. The company positions itself not as a broker, but more as a friend and partner.

 

“We're not trying to sweeten what's going on in the marketplace, and we're not spending dollars to hide the not-so-elegant side of this business. We prefer to invest in research and development in our trading environment.

 

It is rather difficult to navigate the foreign exchange market independently, and we know from experience that traders need answers to their questions, as well as a set of tools to achieve success. "

 

FXPIG is a trademark, while the company's name is: Prime Intermarket Group Asia Pacific Limited.

 

The company was founded by a former trader who has now retired. He was replaced by the former head of institutional sales at Charterprime.

 

FXPIG Trading Offers

FXPIG offers trading in Forex, Stocks, Metals, Energy and CFDs. If we talk about currency pairs, there are 40 of them. There is a single account and a choice of access technology between SPA (top-level liquidity is provided) and MPA (pre-aggregated liquidity).

 

There are demo accounts, so you can test trading platforms and put your trading strategies into practice without sacrificing real money.

 

Traders can choose from three platform options. This is MetaTrader 4, which remains one of the most popular and needs no introduction, cTrader and FIX access. CTrader provides full STP access to four price channels. It can be used by both professional traders and beginners. The broker positions cTrader as one of the best platforms. The FIX API is essentially a set of protocols or rules that help connect to a FIX node. With their help, you can receive incoming market data, as well as receive and transmit order requests. The FIX API is the connection between the trader and the liquidity provider. There are no requirements for volumes and deposits, there are no commissions. Access to eight different pricing in New York and London.

 

To open a PAMM account, you need a deposit of at least $ 2000. Judging by the information provided on the site, investment is as transparent as possible. Each client has direct access to their MyFXPIG ™ portal, where they can track deposits, withdrawals, PnL, commissions and statistics. The account is also tracked publicly on the website.

 

Withdraw funds

There are a number of reliable ways to deposit and withdraw funds, but there are nuances. This part of the sentence should be carefully studied. For example, some methods may only be available for certain countries. There are free options for deposits and inexpensive options for withdrawals. Accordingly, you can stumble upon a withdrawal method that hits your pocket. If on time, then bank transfers can take several days, while other methods promise instant results.

 

Customer service

FXPIG does not categorize clients by deposit size or other criteria. The broker promises a quick response, respect for all traders. You can contact company representatives using a special form on the website by connecting to Skype. You can send a quick email or via Pig Messenger by clicking on the floating purple widget at the bottom right of your screen. There is no contact phone number.

 

Education

The educational part is the weak link of the company. FXPIG offers a limited number of tutorials that are rarely updated. There is a blog with some useful information, news that will help keep abreast of what is happening in the markets.

 

pros

 

Good trading conditions Fast order execution Competent and efficient technical support PAMM accounts

 

Minuses

 

The broker serves trading accounts opened for an amount of at least $ 500 Regulation and educational part could be better The overall impression of visiting the site remains negative, it is difficult to take a broker with such a name seriously

 

Reviews

Despite the rather ambiguous name for a Forex broker and all the pun on the website, FXPIG is popular with traders. There are positive reviews on the network, customers are satisfied with the trading conditions, service. There are also those who appreciate their sense of humor. There are also negative comments. According to some players, the broker is just hiding behind "transparency", but in fact is playing a dishonest game. In general, there are not many comments on the net about FXPIG.

 

The broker we are considering cannot suit all traders without exception. Yet it is more tailored for experienced players.