FXPIG Review 2022

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

FXPIG is broker that offers traders Forex, Indices, Metals, Single Stocks, Cryptos, Commodities. FXPIG allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, FXPIG has Demo Accounts, Social Trading and Auto Trading but is missing Islamic Accounts and Signals.

FXPIG is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

FXPIG Summary

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

Ratings

30%
Trust
50%
Instruments
57%
Features
BonusNone
InstrumentsForex, Indices, Metals, Single Stocks, Cryptos, Commodities
Demo Account✓
Min. Deposit$200
Min. Trade0.01 lots
Regulated ByVFSC
MetaTrader 4✓
MetaTrader 5✗
cTrader✓
DMA Account✗
ECN Account✗
Mobile Apps ✓
Auto Trading ✓
Trade Signals ✗
Social Trading✓
Copy Trading✓
Islamic Account ✗

CFD Trading

Trade CFDs across multiple markets with up to 1:500 leverage.

Leverage1:500
FTSE Spread0.74
GBPUSD Spread0.906
Oil Spread0.21
Stocks SpreadN/A

Forex Trading

Trade over 80+ forex currency pairs from around the world.

GBPUSD Spread0.906
EURUSD Spread0.243
EURGBP Spread0.6
Assets80+

Payment Methods

FXPIG accepts the following payment methods:

  • Skrill
  • Neteller
  • Visa
  • Bitcoin Payments
  • Wire Transfer
Risk Warning – Your capital is at risk

FAQ

Is FXPIG Safe?

In our review we gave FXPIG a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that FXPIG is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does FXPIG Accept PayPal?

No, FXPIG does not accept PayPal payments.

Is FXPIG Halal?

Probably not, as FXPIG does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does FXPIG support?

With FXPIG you can trade on 2 different platforms: MetaTrader 4 and cTrader.

Is FXPIG Regulated?

Yes, FXPIG is regulated by VFSC.

The fact that FXPIG is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for safer options.

FXPIG vs Other Brokers

If you want to compare FXPIG with other brokers, use the detailed comparisons below.

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