Search

For more information about FXPIG Forex Broker company profile, come to WikiBit!

Rating Index

WikiFX Detection

Software Index

Full License

License

VFSC Revoked

FXPIG Company

  

FXPIG Company Overview

  

Founding Date and Background

  FXPIG is a forex and CFD broker that was established in 2011. The company was founded with the aim of providing a unique trading environment that caters to both retail and institutional traders. FXPIG operates under the premise of offering competitive trading conditions, including low spreads and high leverage.

  

Parent Company/Ownership Structure

  FXPIG is operated by Group Asia Pacific Ltd, which is the parent company. This structure allows FXPIG to leverage the expertise and resources of its parent organization to deliver a comprehensive trading experience.

  

Headquarters Location

  The company is headquartered in Vanuatu, a jurisdiction known for its favorable regulatory environment for forex brokers. The specific address of the headquarters is Port Vila, Vanuatu.

  

Global Business Scope

  FXPIG serves clients worldwide, accepting traders from various countries, except for those in the USA and other regions restricted by OFAC sanctions. The company has positioned itself as a global player in the forex trading market, offering its services to a diverse clientele.

  

Main Regulatory Bodies

  FXPIG is regulated by the Vanuatu Financial Services Commission (VFSC). While this regulatory body provides a level of oversight, it is essential for potential clients to understand that Vanuatu's regulatory standards may not be as stringent as those found in regions such as the European Union or North America.

  Back to top

  

Company History and Development

  

Key Milestones

  Since its inception in 2011, FXPIG has achieved several key milestones, including the introduction of various trading platforms and the expansion of its product offerings. The company has continuously evolved to meet the changing needs of its clients.

  

Business Expansion Journey

  FXPIG has expanded its business by introducing new trading instruments and platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. This expansion has allowed the company to cater to a broader audience and enhance its trading capabilities.

  

Customer Base Growth

  Over the years, FXPIG has seen significant growth in its customer base, attracting traders from diverse backgrounds and experience levels. The broker's commitment to providing competitive trading conditions has contributed to its increasing popularity among retail traders.

  

Platform Development History

  FXPIG has invested in the development of its trading platforms to ensure they meet the demands of modern traders. The integration of advanced trading technologies, such as FIX API and STP execution, has positioned FXPIG as a technologically adept broker.

  

Important Awards or Recognitions Received

  While FXPIG has not prominently highlighted specific awards, it has received recognition for its competitive trading conditions and customer service, which have contributed to its positive reputation in the industry.

  Back to top

  

Trading Services Offered

  

Forex Trading Options

  FXPIG offers a comprehensive range of forex trading options, providing access to over 80 currency pairs. This includes major, minor, and exotic pairs, allowing traders to implement various strategies based on market conditions.

  

Stock Trading Options

  The broker provides access to more than 150 stock CFDs, enabling traders to invest in shares from major companies across the United States, the United Kingdom, and the European Union. This diversity allows for a broad range of trading opportunities.

  

CFD Trading Products

  FXPIG offers various CFD trading products, including indices, commodities, and cryptocurrencies. This variety allows traders to diversify their portfolios and take advantage of different market movements.

  

Other Financial Instruments

  In addition to forex and stock trading, FXPIG provides access to over 60 cryptocurrency CFDs, including popular options like Bitcoin, Ethereum, and Ripple. Traders can also engage in commodities trading, such as gold, silver, and oil.

  

Special Services or Unique Advantages

  One of the unique advantages of trading with FXPIG is its commitment to offering raw spreads starting from 0.0 pips, along with 100% STP execution. Additionally, FXPIG provides a flexible commission structure, allowing traders to choose between a "raw + commission" model or an "all-in" fee structure.

  Back to top

  

Regulatory and Legal Background

  

Detailed Regulatory Information

  FXPIG is regulated by the Vanuatu Financial Services Commission (VFSC). The broker operates under license number 14578, which allows it to provide financial services to clients globally.

  

  FXPIG operates as Group Asia Pacific Ltd in Vanuatu. The company is structured to comply with local regulations while serving clients in various regions around the world.

  

Client Fund Protection Measures

  FXPIG implements measures to protect client funds, including segregating client accounts from company operational funds. This ensures that client deposits are safeguarded and not used for the company's daily operations.

  

Countries/Regions Served

  FXPIG accepts clients from various countries, excluding the USA and other regions restricted by OFAC sanctions. This broad acceptance allows traders from different jurisdictions to access its services.

  

Compliance History

  FXPIG has maintained a clean compliance history, with no significant regulatory disputes reported. The broker's operations are conducted transparently, and it adheres to the regulatory requirements set forth by the VFSC.

  Back to top

  

Competitive Landscape

  

3-5 Main Competitors

  FXPIG faces competition from several established brokers in the forex and CFD trading space, including:

  • IC Markets - Known for its low spreads and high liquidity.
  • Pepperstone - Offers competitive pricing and a range of trading platforms.
  • FXTM (ForexTime) - Provides a wide array of trading instruments and educational resources.
  • Exness - Recognized for its flexible leverage options and user-friendly platforms.
  •   

    Positioning in the Industry

      FXPIG positions itself as a broker that offers competitive trading conditions, including low spreads and high leverage. Its focus on providing a transparent trading environment appeals to both novice and experienced traders.

      

    Market Differentiation Factors

      FXPIG differentiates itself through its commitment to raw spreads, high leverage options (up to 1:500), and a diverse range of trading instruments. Additionally, the broker's focus on STP execution and advanced trading technologies enhances its appeal to traders looking for a reliable and efficient trading experience.

      Back to top

      In conclusion, FXPIG presents itself as a competitive player in the forex and CFD trading market, offering a range of services tailored to meet the needs of various traders. With its regulatory oversight from the VFSC, diverse trading instruments, and commitment to low trading costs, FXPIG is well-positioned to attract and retain clients in a competitive landscape.

      For those interested in learning more about FXPIG and its offerings, please visit learn more.