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FXPIG

Operating status: Unregulated
Website: https://www.fxpig.com/
High-Risk Active
Broker violations and abnormal records
  • 2021-11-14 BrokersView has reviewed and confirmed that FXPIG is an unregulated forex broker

    FXPIG previously claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but we did not find a match for the company's name or company license number in VFSC. Currently, FXPIG claims to be based in Georgia, but there is currently no regulatory body in the country that oversees foreign exchange activities. This means that FXPIG is not regulated by any financial regulator. The funds invested by investors in this broker are not safe and cannot be protected by any laws. It is a fake trader.

    FXPIG previously claims to be regulated by the Vanuatu Financial Services Commission (VFSC), but we did not find a match for the company's name or company license number in VFSC. Currently, FXPIG claims to be based in Georgia, but there is currently no regulatory body in the country that oversees foreign exchange activities. This means that FXPIG is not regulated by any financial regulator. The funds invested by investors in this broker are not safe and cannot be protected by any laws. It is a fake trader.

Related Complaints

Q&A Complaints

Can you check if fxpig has a history of withdrawal delays or fund issues?

Aso Karimi
Thailand
2025-08-28
ANSWER Dear Investor, FXPIG does not display any regulatory information on its website, raising concerns about the legitimacy of its forex trading operations. While it claims to be registered and headquartered in Georgia, to our knowledge, Georgia currently has no regulatory authority overseeing forex trading activities. This means the company operates without regulatory supervision in its jurisdiction, posing significant risks to investors. Although we have not currently identified evidence of outright fraudulent behavior such as withdrawal delays or fund issues, the lack of regulation and oversight indicates a high level of risk. We therefore strongly advise exercising extreme caution and recommend avoiding engagement with this entity.
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Is FXPIG regulated or not?

Habib rehman
Zambia
2023-04-03
ANSWER FXPIG is an unlicensed broker even though it states offers that look too good to be true.FXPIG claims to be operated by Prime Intermarket Group Asia Pacific Ltd, regulated by the Vanuatu Financial Service Commission (VFSC) with a Principal’s License (No. 14578) for dealing in securities. However, our search for this broker in VFSC registry did not yield any results. That means what it claims over its regulatory status is a false statement to unsuspecting investors.Regarding your question, FXPIG is not a regulated broker. Letting this broker hold and control your funds or trading with them is very risky, as there are no safeguards in place to prevent fraud or theft. Therefore, we would suggest investors stay way from such unlicensed brokers as FXPIG and trade with fully regulated brokers.
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2 comments

Rayn M
Their customer service is very responsive. Good spreads and commissions. However, deposit fees here are much higher than other brokers. I don’t want them to reduce my leverage when my account funds fall below $1,000 even though my account funds are much higher than $1,000. Therefore, I stopped trading with FXPIG.
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2023-05-13
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jackie
Due to slippage, I achieved terrible results with this agent.I ran a scalping robot on a demo account, and the result was very good, precise stop loss and almost always positive slippage operations, but when I opened a real account, the disaster began. The slippage was always negative, up to 9 points, which caused me to suffer a series of heavy losses while the same robot on other brokers also gained benefits. According to my experience, FXPIG is not a serious broker.
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2023-05-11
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Risk Warning

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.