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FXPIG Review {year} | Information about FXPIG Forex Broker - BrokersView
Is FXPIG a Scam or Not? Detailed FXPIG Review, which is a must read before you trade with this Forex broker. Read all FXPIG pros and cons, full description of trading accounts, platforms, spreads, promotions.

Operating status: SCAM

Website: https://www.fxpig.com/

Broker violations and abnormal records
  • Nov 14, 2021 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.

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Q&A Complaints

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.
May 13, 2023
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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.
May 11, 2023
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