FXPIG — where it wins, where it loses
FXPIG does not currently take a column outright against this field. It loses on tier-1 cover, published spread. Its cost per ten lots is not confirmed, so it is left out of the cost ordering rather than estimated.
Column by column
The split
Two lists, no averaging. A broker that takes a column outright appears on the left of it; one that gets beaten on a column appears on the right. Nothing is scored into a single number, because a single number hides which side you actually care about.
Wins on
No column where FXPIG takes the field outright.
Loses on
- tier-1 cover
- published spread
Cost per 10 lots is the EUR/USD spread cost of ten round-turn standard lots at the figure above, commission excluded. Where a broker publishes a "from" spread rather than an average, the comparison inherits that limitation — see the unconfirmed list further down.
Licensing
Which entity, which regulator, which number
Tier decides how much weight a licence carries in any safety column. Each row links to the page it was read from.
| Regulator | Number | Jurisdiction | Tier | Entity | Read from |
|---|---|---|---|---|---|
| VFSC | 014578 | Vanuatu | Tier 3 | Prime Intermarket Group Asia Pacific Ltd | blog.fxpig.com |
Checkable
Facts the comparison runs on
On the record
- FXPIG's own site states Prime Intermarket Group Asia Pacific Ltd holds a Vanuatu Principal's License for dealing in securities (VFSC Company Number 014578) and gives the Port Vila address.
- The same footer states Alchemy Prime Ltd (13 Leyden Street, London E1 7LE) is the payment agent for FXPIG and that both companies are part of the same group under common ownership.
- Directory WikiFX lists the VFSC licence 014578 as revoked and scores the broker low; no primary VFSC register page was obtained to confirm or refute the current status.
- The main fxpig.com website currently fronts a prop-trading offering (FXIFY Markets) with trading-service disclaimers, while the blog subdomain retains the broker footer.
| Trading since | not verified |
|---|---|
| Base | Port Vila, Republic of Vanuatu (Level 2 Transpacific Haus, Lini Highway - own site footer) |
| Minimum to open | not verified |
| Leverage cap | |
| EUR/USD | not verified |
| Terminals | MT4, cTrader, FIX API |
| Account tiers | Standard, Premiere, Pro |
| Markets | Forex, Index CFDs, Stocks, Cryptocurrencies, Metals, Oil/Energies |
| Record confidence | low |
| Matchup-ready | no — too many gaps to run a fair head-to-head |
Excluded from the maths
Not verified
Not verified
These fields are not confirmed. They are shown as gaps, not filled in, and they do not feed any column of the matrix:
- licence status: VFSC 014578 current status not verified (own-site claim vs WikiFX 'revoked'; no primary register extract)
- FSC Mauritius entity: a Prime Intermarket Group Eurasia Ltd FSC Mauritius licence (GB242...) was reported in earlier research but could not be re-verified in this run - treated as unverified
- founded: not verified (own footer suggests 2011 operations start, copyright phrasing only)
- minDeposit: not verified
- maxLeverage: not verified
- spreadEurusd: not verified
- segregatedFunds: site states funds are segregated but no legal-page clause verified
- negativeBalanceProtection: not verified
- publiclyListed: not verified
Costs less
Who beats FXPIG on price
Tickmill
$10.00 per 10 lots · wins on headline spread, platform choice
Eightcap
$10.00 per 10 lots · wins on regulatory reach
JustMarkets
$30.00 per 10 lots · wins on headline spread
CMC Markets
$50.00 per 10 lots · wins on headline spread, no minimum deposit, regulatory reach, platform choice
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money. Verify every figure with the broker before opening an account.