FXPIG Review | Is FXPIG Legit and Safe? BrokerHiveX Score, Regulation, Trading Conditions & User Feedback

1. Brand Background and Development

• Full company name : Prime Intermarket Group Ltd (FXPIG)

• Official website : www.fxpig.com

• Founded : 2010

• Registered address : Vanuatu (VFSC regulated), with a subsidiary in Fiji

• Market Positioning : Focusing on transparent ECN execution + cryptocurrency deposits , targeting high-frequency traders and emerging market clients

📌Development trajectory :

• 2010–2015: Emerged as a small ECN Forex broker in the European market

• 2016–2020: Introducing cryptocurrency deposit channels to expand the retail customer base

• 2021 to date: Maintaining the scale of small and medium-sized brokerages and emphasizing a "customer-centric" execution model

II. Account Types and Trading Conditions

📌 Advantages :

• Support cryptocurrency deposits (differentiated selling point)

• ECN pricing transparency

• Multiple platform options (MT4/MT5/cTrader)

📌 Disadvantages :

• Leverage is low (maximum 1:200), less attractive than 1:500 offshore brokerage

• Insufficient account diversity

III. Supervision and Compliance

Conclusion : FXPIG holds a VFSC license but lacks Tier-1 regulatory oversight (e.g., FCA, ASIC). Its fund segregation and safeguards are weaker than those of leading international brokerages.

IV. Product and Market Coverage

• Forex : 50+ currency pairs

• CFDs : Stock indices, commodities, energy

• Cryptocurrency : BTC, ETH, USDT and other CFDs

• Metals & Energy : Gold, Silver, Crude Oil

📌Comment : The product line covers mainstream, but it is not as rich as IG and Saxo Bank in stock CFDs and ETFs.

5. Execution and Technical Performance

• Mode : ECN/STP, orders go directly to the liquidity pool

• Platforms : MT4, MT5, cTrader

• Latency : 90–120ms, average in the industry

• Slippage : It occurs when the market fluctuates violently, but it is generally controllable

• Transparency : More open than some offshore brokerages, but lacks third-party transaction execution audits

6. Deposit and Withdrawal Methods

• Deposit : Wire transfer, bank card, Skrill, USDT, BTC

• Withdrawal : In most cases, it takes 24–48 hours to arrive

• Fees : Platform free of charge, payer charges 1-2%

📌User feedback :

• Small withdrawals are relatively smooth

• Large cryptocurrency withdrawals are relatively fast, but some users report delays with traditional bank wire transfers.

7. Customer Support and Education

• Customer service channels : Email, LiveChat

• Language support : English, Spanish, Russian (limited Chinese support)

• Educational resources : No systematic training, only market analysis articles

8. User and Media Reviews

• front :

• Low spreads and stable ECN execution

• Support cryptocurrency deposits

• A wide selection of platforms (cTrader support is a plus)

• Negative :

• Weak supervision, only VFSC

• Withdrawals are occasionally delayed

• Limited international brand recognition

Quote :

• WikiFX : Marked as "Medium Risk"

• TraderKnows : Recognizes its ECN transparency, but points out that its supervision is insufficient

• FX110 : There are a few complaints about withdrawal delays

IX. Risk Warning

1. No Tier-1 regulation , insufficient fund protection

2. High-frequency trading may be subject to slippage

3. The brand is small and medium-sized, with limited risk resistance

4. Mainly dependent on offshore supervision, low transparency

🔎 BrokerHiveX authoritative rating

⭐ BrokerHiveX Overall Score: 6.1/10

Conclusion : FXPIG is a small to medium-sized offshore brokerage , suitable for traders seeking transparent pricing and crypto deposits. However, due to insufficient regulation and limited international influence, its fund security is lower than that of mainstream first-tier brokerages.