Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
FXPIG Pros & Cons
- Hundreds of assets across six trading groups with leverage of up to 1:500.
- Spreads from 0 pips with competitive trading commissions.
- Low entry threshold, with a deposit of $200 and a user-friendly interface.
- Trading is available at night and on weekends, and bots and advisors are welcome.
- Traders can work with the most convenient and functional platforms.
- Managed accounts with fine-tuning for successful investing.
- 100% transparent broker operations with prompt technical support.
- Affiliate program is only available for corporate clients.
- The broker is unavailable to residents of the U.S., Canada, and certain other countries.
- The broker’s technical support is not provided through a call center.
TU Expert Verdict
FXPIG carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.
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FXPIG User Reviews
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5-star
0%
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4-star
0%
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3-star
33%
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2-star
0%
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1-star
67%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of FXPIG have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is FXPIG Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria4.7 /10FXPIG has a safety score of 4.7/10, which corresponds to a Low security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Is regulated
- Track record over 12 years
- Not tier-1 regulated
- No negative balance protection
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.3.5 /10FXPIG offers the following account options: Demo, Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Standard account with balanced trading conditions
- Low minimum deposit
- No Swap Free account
- Micro lots are not available
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology7.5 /10FXPIG received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6.5 /10FXPIG offers a limited selection of trading assets compared to the market average. The platform supports 300 assets in total, including 80 Forex pairs.
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Trading Account Opening
We successfully registered an account with FXPIG in 7 minutes. The KYC verification was completed within 1 business day. The minimum deposit amount at FXPIG is $200.Score:We evaluated Trading Account Opening at FXPIG by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.10 /10This is one of the most accessible and hassle-free onboarding procedures on the market.
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Customer Support
Score:We evaluated Customer Support at FXPIG by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria3.6 /10
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FAQs
How do FXPIG’s regulation and safety measures affect client fund protection?
FXPIG has a safety score of 4.7/10, categorized as a low security level, and is regulated by the Vanuatu Financial Services Commission (VFSC), which is described as a Tier-3 regulator without a specific investor protection fund. The broker has been operating since 2014 and uses KYC verification, but it does not provide negative balance protection, which may increase risks compared with brokers that offer stronger safeguards.
What do reviews say about FXPIG trading fees, spreads, and non-trading charges?
According to the fee analysis, FXPIG’s overall commissions and fees are rated as low, with a fees score of 8/10. The broker offers tight EUR/USD and GBP/USD spreads on Standard accounts (e.g., EUR/USD 0.2–0.4 pips) and RAW/ECN accounts (average 0.1 pips with a $3 per lot commission), and it does not charge deposit, withdrawal, or inactivity fees as specified in the section.
What account types and trading conditions does FXPIG offer according to platform reviews?
FXPIG provides Demo, Standard, Premier, and Pro accounts, but does not offer Cent, Micro, Swap Free, VIP, or Managed accounts, which may be a limitation for some users. Standard accounts start from a $200 deposit with 0–0.9 pip spreads and $4 per lot commission, Premier from $5,000 with 0–0.7 pip spreads and $3 per lot, and Pro from $50,000 with zero spread and $2 per lot, with all accounts granting access to all assets and platforms without additional restrictions.
How does the FXPIG account opening process work based on user feedback and testing?
Testing described in the section indicates that registering an account with FXPIG took about 7 minutes, with KYC verification completed within 1 business day and a minimum deposit of $200. The process is fully online and involves creating an account, uploading identity documents for verification, and then accessing a user dashboard with sections such as My Account, Transactions, Trades, Account Settings, and Trading Platforms.
What do reviews and comments reveal about FXPIG customer support quality and availability?
The section notes that FXPIG’s customer support has a safety score of 3.6/10, with some weaknesses such as delays in replies, limited depth of assistance, unavailability on weekends and holidays, and no call center. At the same time, users and comments highlight that support can be contacted without registration, live chat managers respond promptly during available hours, and assistance is provided 24/5 via email, online chat, tickets, and even Skype.
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