Important Update : Change in Leverage for Stocks

This is an official announcement regarding a change in the leverage ratio for stocks in FXPIG.

We have reduced the leverage ratio for shares to 5:1, effective immediately.

The decision to adjust the leverage ratio has been made after careful consideration of market conditions and regulatory requirements.

You may find all updated MT4 Instrument Specification here.

If you have any questions or concerns regarding this update, please don’t hesitate to contact our dedicated support team for assistance.

MetaTrader is Banned by Apple. What Now?

Need a fast fix for Apple’s App Store ban on MT4 and MT5? Click here to learn more about FXPIG’s cTrader specifications and download the cTrader mobile app.

What Happened?

The MetaTrader 4 has been the iconic retail online trading platform for the past 17 years. However, both MetaTrader 4 and MetaTrader 5 have been removed from the tech giant Apple’s app store on the 24th of September, 2022, a shocking turn of events for the retail trading community.

Speculations

The major reason for this ban could be due to the rising number of scams perpetrated by dodgy brokers with users filing complaints to Apple. The final nail in the coffin was most probably the recent article Forbes published on how one victim got scammed for more than a million dollars due to a manipulated MetaTrader. There was also wild speculation that this was directed towards the Russian-owned company MetaQuotes due to the ongoing sanction against Russia.

The Impact

The app removal will affect the majority of retail traders since most of us use mobile trading. New users with Apple devices are not able to download the app anymore while those who already have the app will no longer be receiving updates. Without future updates, there are concerns that the current app may not be stable enough to support trading activities for years to come.

Moving Forward

Considering the current situation, this is the prime opportunity for MetaQuotes’ rivals to compete for more market share. There are plenty of online trading platforms in the market but in our opinion, cTrader may very well be in the best position to expand its user base due to a variety of reasons.

cTrader

cTrader has always been a well-known platform, although it didn’t shine as bright when MetaTrader 4 and 5 was garnering most of the attention from both retail brokers and traders. Now that they are both being restricted in the Apple ecosystem, they should take a bold stride and go all in, exploiting the opportunity that it has now.

And it seems like that is exactly what they are doing now with the latest release of version 4.4 that comes packed with practical features, extending on their current unique advantages that other platforms don’t have!

FXPIG’s Solution

Android – Google Play Store

Our clients can still download mobile MetaTrader 4 and MetaTrader 5 from Google Play Store on their Android devices.

Windows App

MetaTrader 4 and MetaTrader 5 are available to download for Windows PC.

cTrader

FXPIG has been offering cTrader for well over 7 years now as we are one of the first few brokers who spearheaded cTrader adoption in the retail trading community. We believed in their user-oriented technology and distinct features that address the weaknesses of MetaTrader and other trading platforms.

FXPIG cTrader is available on:

Sign up Now at FXPIG

Experience frictionless trading with cTrader. Raw spreads start from 0 pips on more than 300 instruments, with commissions as low as $2 per lot per side. 24/7 Crypto trading is available too.

Corporate Updates 19/10/2022

Dear Client,

We are happy to inform you that we now offer EUR SEPA and dedicated cryptocurrency hard wallets for deposits.

Please note, the banking details have been updated in your FXPIG client portal. Please ensure to have the latest up-to-date bank wire funding instruction when sending USD, EUR, CAD, or AUD from the ‘Fund Account’ section in your client portal. We have also updated our Multi-currency bank account if you wish to deposit in other currencies.

For Cryptocurrency deposits exceeding $3K, kindly contact support for wallet details.

Terms and Conditions – Win $200 Trading Account in FXPIG Webinar

The $200 Trading Account draw is applicable for the person that participated in the webinar from the start till the end.

In order to receive the $200 trading account, the winner will have to have a live account fully verified by compliance, regardless of if the account was opened before, during or after the webinar.

The bonus cannot be separately transferred between, or from Eligible Client’s real trading accounts with FXPIG.
The bonus is withdrawable provided the client traded 15 standard lots on the account after the bonus was credited.
Any situation not described in these rules shall be subject to the Company’s decision.
FXPIG reserves the right to alter, amend or terminate this draw at any time without prior notice.

Amazon Split

Amazon will be performing a 20:1 split on June 3rd, 2022.

As a result, we will be adjusting the open prices / volumes of all open tickets to account for the 20:1 split after the June 2nd US stock market close / before the June 3rd, US stock market open.

Example:

Old: Client Buys 100 Shares Amazon @ $2000

New: Client Buys 2000 Shares Amazon @ $100

LUNAUSDT- Disabled

Due to market events, we will be setting LUNAUSD to close only effective immediately. In addition, trading will be disabled at the end of tomorrow’s trading day (EOD 5/13). Any open positions held will be closed as of the end of day closing price of May 13, 2022.

FXPIG – First Broker to Offer APEUSDT and 60+ Crypto CFDs vs USDT

We are proud to announce that FXPIG is the first broker to offer APEUSDT as a cryptocurrency CFD amongst the 60 + crypto CFDs vs USDT.

FXPIG traders will have 24/7 access to the global cryptocurrency markets via the most popular trading platforms, including MT4 and cTrader. We intend to add our crypto offering to MT5 by the end of this month. In addition, all the tradable assets are available with a cutting-edge trading execution via FIX API with no minimums.

Why Cryptocurrency Trading

“Adding cryptocurrencies to its vast list of trading instruments was a strategic decision by FXPIG.” – as stated by Finance Magnates .

The global cryptocurrency market has seen a huge surge in trading volumes ever since the onset of the pandemic. The market was estimated at a value of $826.6 million in 2020. It is expected to grow from $910.3 million in 2021 to a whopping $1,902.5 million by 2028, rising at a CAGR of 11.1% during 2021-2028.

One of the main drivers for the crypto market crossing the $3 trillion mark this year has been the rise of non fungible tokens (NFTs).

One NFT that has taken the world by storm is the APE NFT ecosystem powered by the ApeCoin. It is the native token of the Bored Ape Yacht Club, used as a membership card for the exclusive platform and a means to participate in the community marketplace and artboard. The Bored Ape collectible artworks have drawn a lot of attention from celebrities too, including the likes of Justin Bieber and Eminem. On the other hand, Tether (USDT) has gained popularity because it is backed by real-world assets, in this case, the US dollar.

There’s a lot of hype and opportunity in the crypto markets right now and FXPIG is always on the lookout for assets with the highest potential to offer to their clients – 24/7, including weekends!

Why Trade Crypto CFDs with FXPIG

Crypto CFD trading with FXPIG has many advantages compared to trading physical cryptos on an exchange. With Crypto CFDs, clients can speculate on price movements using leverage and get all the benefits of market moves without the headaches of setting up multiple wallets, storing keys, or worrying about trading with a regulated partner. Some additional advantages to trading Crypto CFDs include:

● 24/7 trading including weekends

● Access 10:1 leverage

● Available on MT4, cTrader and MT5

● Raw Spreads – 10 cents for BTCUSDT and 1 cent for ETHUSDT

● Advanced tools and research from FXBLUE and Trading Central

● Security of a licensed broker

● Highly responsive customer support 24/5

● Low commissions

● Speedy execution, while transactions on the blockchain may take hours or even days,

depending on the coin, with CFDs, fast-paced market moves are just a click away.

Even with one of the largest crypto CFD offerings on the market, we plan to add more altcoins on a monthly basis. They are constantly on the lookout for promising coins to give their clients first-mover advantages and welcome suggestions from their traders.

“We are excited to be one of the first brokers to offer APEUSDT as a Cryptocurrency CFD for our clients on MT4, cTrader, FIX API, and soon MT5. With the addition of APEUSDT, FXPIG has one of the most robust offerings for Cryptocurrency CFDs in the market, with over 60 unique pairs, available 24/7, including weekends,” said Bobby Winters, our CEO for Forex Live.

Sign up for an account and start trading crypto CFDs with FXPIG. Is there a crypto pair you think we should add to our CFD offering?Just let us know.

All The Securities You Did and Didn’t Care About

You just need to check this out

Many Trading Gurus, including the famous Jesse Livermore, which I hold utterly respect for, would tell you that trading is about waiting… Waiting for the right opportunity, for the perfect setup, for the glorious moment when all the trillion indicators give a confirmation signal…

Well, waiting can be daunting…and extremely boring above all. If you wanted to practice waiting you could have gotten a job as a waiter, or simply gone fishing.

Trading is about adrenaline, about having your blood boil while those pips come adding to your account’s equity. It’s about savoring all that as many times possible, daily, hourly.

Of course, you don’t wanna be overtrading, there is no question about that, but what if you had multiple options when you get the right opportunity, you get the perfect set up, you get the glorious moment when all the trillion indicators give a confirmation signal. Now, THAT sounds like the right thing.

Well, now you have it. FXPIG has added 72 new stocks and ETFs on top of the current 250+ FX, Indexes, Single Stocks and Cryptos that were already on the plate for your indulgence.

This blog post space is too small to list them all, but for the sake of tickling your curiosity, we’ll just mention few hints- good old Buffet, Mickey Mouse, vaccine, your favorite when-go-to-vacation-web.

Rings any bell? Or, you better click on fxpig.com website and get the grip yourself.

And, enjoy the adrenaline and your pips.