FXPIG
Editorial review of FXPIG: regulation, platforms, fees and verdict
FXPIG, a Forex brokerage which is located in New-Zealand and also registered there, is a relatively new firm – it launched as recently as 2009. According to the company’s website, their goal is to create a "…sophisticated yet simple direct access trading technology to online investors…". On their site they offer the MT4 trading platform for ECN and DMA trading. The minimum deposit to open a DMA account is $10,000 USD while an ECN account can be opened with $,1,000. Scalping is allowed and the maximum leverage is 200:1. Spreads on FXPIG are variable.
FXPIG prides itself for dealing over 40 types of Forex pairs. Where we found the company to be limited during our FXPIG review, however, is in the fact that the website is available in English only. FXPIG is not NFA regulated, so they do not accept US traders. Traders from some other countries are also banned, including Burma, Afghanistan, Iran and Iraq, among others.
Also during our FXPIG review we found that the company is especially proud of its customer support team, which is available around-the-clock during the trading week over the phone, email, Skype and live-chat. Their staff is manning the stations all the time and they make every effort to give special attention to each client.
The site itself is actually very welcoming and pleasant. The main and basic information in clear on the home page and the graphic design is nice to the eyes – it is not too garish or too dark. Overall, we found FXPIG to be quite professional despite its kitschy name. But then again, even that is somewhat welcome in the otherwise overly serious world of Forex trading.
FXPIG, a Forex brokerage which is located in New-Zealand and also registered there, is a relatively new firm – it launched as recently as 2009. According to the company’s website, their goal is to create a "…sophisticated yet simple direct access trading technology to online investors…". On their site they offer the MT4 trading platform for ECN and DMA trading. The minimum deposit to open a DMA account is $10,000 USD while an ECN account can be opened with $,1,000. Scalping is allowed and the maximum leverage is 200:1. Spreads on FXPIG are variable.
FXPIG prides itself for dealing over 40 types of Forex pairs. Where we found the company to be limited during our FXPIG review, however, is in the fact that the website is available in English only. FXPIG is not NFA regulated, so they do not accept US traders. Traders from some other countries are also banned, including Burma, Afghanistan, Iran and Iraq, among others.
Also during our FXPIG review we found that the company is especially proud of its customer support team, which is available around-the-clock during the trading week over the phone, email, Skype and live-chat. Their staff is manning the stations all the time and they make every effort to give special attention to each client.
The site itself is actually very welcoming and pleasant. The main and basic information in clear on the home page and the graphic design is nice to the eyes – it is not too garish or too dark. Overall, we found FXPIG to be quite professional despite its kitschy name. But then again, even that is somewhat welcome in the otherwise overly serious world of Forex trading.
Broker Details
- Headquarters
- New Zealand
- Established
- 2009
Pros
- Operating since 2009 with a documented track record
- Multi-currency deposit options for international clients
- Multiple platform options to suit different trading styles
- Mobile app available for iOS and Android
- Stable execution during normal market hours
Cons
- Onboarding can take longer than competitors during peak hours
- Minimum withdrawal thresholds may apply on certain methods
- Limited cryptocurrency CFD coverage compared to specialist crypto brokers
Comprehensive Review
FXPIG Review 2026: An Editorial Assessment
FXPIG is a brokerage established in 2009, headquartered in New Zealand. This editorial review walks through regulation, platforms, fees, and who FXPIG is best suited for. The assessment is based on publicly disclosed information and is intended as a starting point for your own due diligence — always demo-test and verify the regulated entity you will be onboarded to.
Regulation and Safety
The broker should be checked against your local regulator's register before depositing funds. Broker oversight matters because regulators enforce capital adequacy, segregated client accounts and transparent pricing disclosures. Where multiple regulators are involved, identify which entity holds the contract for your jurisdiction.
Trading Platforms
The broker offers a selection of industry-standard trading platforms suitable for different workflows.
Spreads, Fees, and Commissions
Spreads, commissions and overnight financing rates for FXPIG are documented in the official fee schedule. Do not skip the fee schedule — non-trading costs (inactivity, withdrawal, conversion) often compound more than spreads for casual traders.
Maximum leverage is described as leverage in line with regional regulatory caps, subject to the regulator and account profile.
Account Types and Minimum Deposit
The current minimum deposit and accepted funding methods are published on the broker's official website. FXPIG markets a curated set of CFD and FX instruments, which determines the breadth of strategies you can run on a single account.
Pros and Cons at a Glance
Pros
- Operating since 2009 with a documented track record
- Multi-currency deposit options for international clients
- Multiple platform options to suit different trading styles
- Mobile app available for iOS and Android
- Stable execution during normal market hours
Cons
- Onboarding can take longer than competitors during peak hours
- Minimum withdrawal thresholds may apply on certain methods
- Limited cryptocurrency CFD coverage compared to specialist crypto brokers
Who Is This Broker Best For?
- Active traders who need the documented spread and execution profile FXPIG advertises
- Beginners who value a low-friction onboarding flow and clear documentation
- Strategy developers who want to backtest against the available platforms before committing real capital
Final Verdict
This editorial assessment of FXPIG is intended to highlight what the broker publicly discloses and where to focus your own due diligence. Demo-test the platform, verify the regulated entity you will onboard to, and review the fee schedule before funding an account. Past performance and broker reputation are not a substitute for hands-on testing.
FAQ
Frequently asked questions
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