What Account Types and Fees Does FXPIG Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Standard Account |
Beginners and retail traders |
Low minimum deposit, access to 300+ products, 100% STP execution |
Ideal for small-capital practice with a minimum deposit of $200 |
| Premier Account |
Intermediate to experienced traders |
Lower spreads, access to raw + commission price feed |
Requires a $5,000 minimum deposit |
| Pro Account |
High-frequency traders, hedge funds, institutions |
Lowest trading costs, highest leverage, 100% STP execution |
Minimum deposit of $50,000, suitable for high trading volumes |
Account Opening Process
Opening an account with FXPIG is straightforward. Prospective clients must complete a registration form that includes personal, employment, and financial information. Following this, identity verification is required, which involves submitting documents such as a government-issued ID and proof of address. The process is designed to be quick, with review and approval of documents typically taking an hour or less during business days. Once approved, clients can start trading immediately. Moreover, there is flexibility in the account structure, allowing for upgrades to a professional account in the future if desired.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
0.0 |
$4 per lot (raw + commission) |
Tight spreads for major pairs |
| Forex (Minor Pairs) |
0.9 |
$0 |
Competitive spreads for minor pairs |
| CFDs (Stocks) |
0.25% |
$0 |
Variety of US and UK stocks available |
| CFDs (Indices) |
0.25% |
$0 |
Includes major indices like S&P 500 |
| Commodities (Gold, Oil) |
0.35% |
$0 |
Access to popular commodities |
| Cryptocurrencies (BTC/USD) |
1.0% |
0.1% |
Variable spreads depending on market volatility |
Other Fees
FXPIG may charge various fees, including deposit and withdrawal fees depending on the payment method used. Inactivity fees may apply if an account remains dormant for an extended period. Clients should also be aware of any platform usage fees that may arise, along with overnight interest (swap rates) for holding positions overnight. Additionally, currency conversion fees may be applicable when trading in a different currency than the account’s base currency.
