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.
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.
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.
Old: Client Buys 100 Shares Amazon @ $2000
New: Client Buys 2000 Shares Amazon @ $100
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.
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!
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.
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.