Is FXPIG regulated or not?

https://www.fxpig.com/     

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.