FXPIG Review

About FXPIG

FXPIG is the trading name of Prime Intermarket Group Asia Pacific Ltd, with website fxpig.com and content on subdomains such as blog.fxpig.com and promotion.fxpig.com. The company’s pages state it “holds a Principal’s License for dealing in securities” in Vanuatu (VFSC Company Number 014578), and note that Alchemy Prime Ltd acts as a payment agent for FXPIG. FXPIG states it does not open accounts for U.S.-based retail or low net worth clients and the site is not intended for residents of the U.S., Canada, Israel, New Zealand, Iran, North Korea, or OFAC‑sanctioned countries. Official site, Platforms

Regulatory records in Vanuatu list licensed Financial Dealers. In the “Financial‑Dealers‑Licensee‑List‑Dated‑19‑May‑2025,” Prime Intermarket Group Asia Pacific Ltd does not appear among active licensees, which conflicts with the licensing claim on the company’s pages; regulatory records take precedence. VFSC list (PDF), VFSC FDL

Services include multi‑asset CFD trading (FX pairs, precious metals, energies, index CFDs, U.S./EU stock CFDs, and crypto CFDs), on MT4, MT5, cTrader, and FIX API. Account tiers and key trading terms published by the broker include: Standard (minimum deposit $200), Premiere ($5,000), Pro ($50,000), and a FIX API Standard account ($5,000). Price feeds are Raw+Commission (FX commissions from $4/$3/$2 per lot per side on Standard/Premiere/Pro; spreads from 0.0; index CFD commission 0; single‑stock and crypto commissions 0.35%–0.25% by tier) and All‑In (average EURUSD spread 1 pip with 0 commissions on FX, index CFDs and metals; single‑stock and crypto 0.35%–0.30% by tier). Maximum leverage is 1:500; minimum trade size is 0.01 lots; base currencies offered include USD, EUR, GBP, CAD, AUD, and JPY; EAs and scalping are allowed, minimum stop distance 0. A published promotion temporarily reduced the Pro minimum deposit to $8,888 per stated terms. Raw+Commission, All‑In

Who it’s for

• Active and professional traders seeking MT4/MT5/cTrader and FIX API access with multi‑asset coverage and 1:500 leverage.
• High‑frequency traders, hedge funds and institutions using the Pro tier with $2 per lot per side commissions and STP execution.
• API‑driven or algorithmic users needing EA/scalping‑friendly conditions and FIX API connectivity.
• Clients outside restricted jurisdictions who need USD/EUR/GBP/CAD/AUD/JPY base currencies and 0‑commission All‑In pricing for FX, indices and metals.

Pros and cons

Pros

• Multiple platforms (MT4, MT5, cTrader) plus FIX API, and two price feeds (Raw+Commission and All‑In).
• Tiered account structure: Standard $200, Premiere $5,000, Pro $50,000; Pro commissions $2 per lot per side.
• Published trading rules: EAs and scalping allowed; no trading restrictions; minimum stop distance 0; leverage up to 1:500; 0 commissions for FX/index/metal on All‑In.
• Broad product set (FX, metals, energies, indices, U.S./EU stocks, crypto) and multiple base currencies (USD, EUR, GBP, CAD, AUD, JPY).

Cons

• The broker’s licensing claim conflicts with the VFSC “Financial Dealers Licensee List” dated 19‑May‑2025, where the stated company name is not listed.
• Access restrictions disclosed by the broker (e.g., not intended for residents of the U.S., Canada, Israel, New Zealand, Iran, North Korea, and OFAC‑sanctioned countries; no U.S. retail/low net‑worth accounts).
• High minimum deposit on the Pro tier ($50,000) outside promotional reductions.