Prime Intermarket Group Asia Pacific Ltd
Founded in 2010
Online since 2011
Vanuatu Financial Services Commission
Today, we will dive deep into the offerings of FXPIG, an online Forex trading platform operating under Prime Intermarket Group Asia Pacific Ltd, renowned worldwide for its customer-centric approach to trading platform design. Established in 2010 and online since 2011, FXPIG has roughly a decade of service to its name, gaining a massive following in the trading industry.
The first notable aspect for potential traders is the low threshold for the minimum account size. At just $200, anyone interested in delving into the world of online Forex trading can get started without needing a massive initial investment. Also, the minimum position size stands at 0.01, providing a fantastic opportunity for beginners to dip their toes in the water without being overwhelmed by massive trading volumes.
One of the exciting features of FXPIG is the undisclosed yet potentially high leverage that can be accessed on the platform. Max leverage details were not readily available but to know the exact details you need to be an existing user, which indicates a chance for experienced traders to make substantial profitable trades.
FXPIG has plenty to offer to its traders with its list of features. Managed accounts, VPS, segregated accounts, and PAMM are all available to all FXPIG traders. This, coupled with the low entry requirements, truly makes FXPIG a haven for traders of all experience levels.
Managed and segregated accounts offer traders an added layer of security. The VPS allows for smooth, uninterrupted trading, and PAMM offers a new level of trading opportunity for money managers.
Despite the considerably low spread and a vast range of features, FXPIG falls short on the serious regulation front. The lack of regulatory oversight can pose a risk to traders' funds, so always trade with caution. As for the broker average rating, FXPIG doesn't bag the top spot, indicating room for improvement.
Regrettably, FXPIG does not support US based traders. Therefore, if you're a US resident and considering this platform for Forex trading, you might want to explore different options.
FXPIG is an interesting option for traders, particularly when it comes to the relatively low entry barrier of $200 minimum deposit. The comprehensive broker features present unique opportunities for both beginners and experienced traders. Yet, caution is advised due to the lack of serious regulation and limitations for US-traders.
Stay tuned to DayFunded for more in-depth, unbiased broker reviews and insights into the world of Forex trading.