Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
6/10 · HighGenuine FSC Mauritius Investment Dealer licence, verified on the register, but tier-3 offshore with weak protection; former Vanuatu licence revoked and a Bank of Russia unauthorised-firms listing.
Identity & transparency
3/10 · LowNamed entity with a registered office confirmed on the FSC register, owned by the SEC-reporting public company FDCTech; some complexity from the recent rebrand and newly incorporated entity.
Withdrawals & conduct
5/10 · ModerateRecurring withdrawal-delay complaints across several platforms, usually blamed on payment providers; many are resolved, there are no advance-fee demands, and the broker responds.
Reputation
5/10 · ModerateMixed: Trustpilot 2.5 of 5 with a split 5-star and 1-star pattern, cautious third-party reviews, and a Bank of Russia listing, offset by a long track record and many positive reviews.
Website claims
3/10 · LowRegulatory claims are accurate and match the register, risk and restricted-country disclosures are present, and the 2010 founding claim checks out; mainly marketing puffery otherwise.
Operational history
3/10 · LowAbout 16 years of continuous operation verified by domain and archive history, though the current contracting entity was only incorporated in 2025 after a change of ownership and rebrand.
Who they are
A quick desk file on the company behind the brand.
- Brand: FXPIG, now rebranded as FXIFY Markets. fxpig.com redirects to markets.fxify.com.
- Legal entity: Prime Intermarket Group Eurasia Ltd (Mauritius). The former operator was Prime Intermarket Group Asia Pacific Ltd (Vanuatu).
- Owner: FDCTech, Inc., a United States public company that reports to the SEC.
- Registered: 6 St Denis Street, 1st Floor River Court, Port Louis, Mauritius.
- Website: fxpig.com and markets.fxify.com. Client portal at portal.fxpig.com.
- Only current licence: FSC Mauritius Investment Dealer (Full Service Dealer excluding underwriting), dated 29 May 2025, confirmed on the FSC register.
- Former licence: Vanuatu VFSC registration 014578, now revoked.
- Offers: Forex, index and stock CFDs, metals, energies and cryptocurrency CFDs on MetaTrader 5 and FIX API. From 200 USD, leverage up to 1:500.
- Not accepted: European Union, United States, Iran, North Korea and Myanmar.
- Age: operating since about 2009 to 2010 (around 16 years). The current Mauritius entity was incorporated in 2025.
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: Yes
We confirmed this broker on a genuine regulator’s register.
Licences the broker publishes
Financial Services Commission (FSC) of Mauritius
Found by our investigation (1) — the broker does not list these on its own site
Vanuatu Financial Services Commission (VFSC)
Found by us — not listed by the broker
Why we reached this verdict
How the evidence adds up.
We rate FXPIG high risk rather than a scam. The licensing is real but weak, the owner is a transparent public company, yet the conduct and protection picture carries genuine risk.
- The current licence is real and verified. The FSC of Mauritius public register shows Prime Intermarket Group Eurasia as an Investment Dealer (Full Service Dealer excluding underwriting) from 29 May 2025, at the same Port Louis address the site publishes. That matches the operator named on the website, so this is not a clone.
- But the licence is tier-3 offshore. Mauritius offers far less protection than the FCA, ASIC or CySEC. There is no tier-1-style compensation scheme, so a client dispute is hard to escalate.
- The ownership is unusually transparent. FXPIG sits under FDCTech, Inc., a US-listed company whose SEC filing announced the Mauritius subsidiary and the dealer licence. A public, audited owner is rare for an offshore broker and weighs in the broker's favour.
- There is a real withdrawal-delay pattern. On Trustpilot, BabyPips, ForexFactory and other forums, clients describe withdrawals marked as 'done' but not arriving for weeks, usually blamed on the payment provider. Many are eventually paid and the broker replies to complaints, so this reads as a reliability problem rather than confirmed theft. It is still a serious caution for anyone depositing.
- Regulatory flags exist. The former Vanuatu registration (014578) is revoked, and the Bank of Russia lists the site on its unauthorised-firms list. The Russian listing is a blanket notice that the firm is not licensed in Russia, which is true of most offshore brokers, so we weigh it as a scope issue, not a fraud finding.
- The business is long-established. The domain was registered in 2009 and the site has been live since then, so the stated 2010 founding checks out. The current legal entity, however, is newly incorporated in 2025, which is why we treat the operation as re-domiciled rather than brand new. Because the operating entities could not be dated on a public registry, the age figure rests on the domain and web history as an upper bound.
Evidence ledger
Every finding, with its source and how strongly it points.
E1fxpig.com redirects to markets.fxify.com (FXIFY Markets), whose footer names Prime Intermarket Group Eurasia Ltd as operator; the client portal remains portal.fxpig.com, showing one continuous operation.
ModerateFXIFY Markets websiteE2The FSC Mauritius public register lists Prime Intermarket Group Eurasia as an Investment Dealer (Full Service Dealer excluding underwriting) from 29 May 2025, registered at 6 St Denis Street, Port Louis, matching the operator and address shown on the site.
Hard proofFSC Mauritius Online Public RegisterE3An SEC filing by FDCTech, Inc. (27 May 2025) announces Prime Intermarket Group Eurasia as its wholly owned Mauritius subsidiary holding the FSC Investment Dealer licence, confirming a US public-company owner.
E4fxpig.com was registered on 16 October 2009 and has been archived online since December 2009, confirming roughly 16 years of continuous operation and supporting the stated 2010 founding.
E5The Bank of Russia lists Prime Intermarket Group Asia Pacific Ltd (FXPIG), domains fxpig.com and portal.fxpig.com, on its list of entities with signs of illegal financial-market activity (added 20 April 2022), reflecting that the firm is not licensed in Russia.
ModerateBank of Russia warning listE6FXPIG's former Vanuatu VFSC registration (014578), held by Prime Intermarket Group Asia Pacific Ltd, is reported as revoked or lapsed; the operation has since re-domiciled its licensing to Mauritius.
ModerateVanuatu VFSC licence status (multiple third-party reports)E7Trustpilot shows a 2.5 of 5 score from 52 reviews with a split pattern (75 percent 5-star, 19 percent 1-star); fund-access complaints include delayed withdrawals and an account-closure allegation, alongside service complaints about spreads and platform outages.
ModerateTrustpilotE8A BabyPips broker-discussion thread titled 'FXPIG doesn't process withdrawals' records a client (account 700157) whose withdrawal was marked done but unpaid for a week, with the firm citing its finance team and payment provider.
ModerateBabyPips forumE9The site uses a real MetaTrader 5 and FIX API offering, mainstream payment methods (Visa, Mastercard, Skrill, Neteller, bank wire) rather than crypto-only deposits, and publishes risk and restricted-country disclosures (EU, US, Iran, North Korea and Myanmar excluded).
ModerateFXIFY Markets websiteE10Searches of the FCA, ASIC, CFTC and IOSCO alert systems returned no fraud or clone warning naming fxpig.com or markets.fxify.com.
ModerateTier-1 regulator warning-list searches
The other side
The strongest case in this broker’s favour.
In fairness, several facts point toward FXPIG being a genuine broker rather than a scam.
- Its Mauritius Investment Dealer licence is real and independently confirmed on the regulator's own register, held by the exact company that runs the site.
- The owner, FDCTech, Inc., is a United States public company that files audited reports with the SEC, which is far more disclosure than most offshore brokers provide.
- The brand has a continuous 16-year history, a real MetaTrader 5 and FIX API offering, and mainstream payment methods (Visa, Mastercard, Skrill, Neteller, bank wire) rather than crypto-only deposits.
- No tier-1 regulator (FCA, ASIC, CFTC or an IOSCO member alert) has published a fraud or clone warning against fxpig.com.
- Many withdrawal complaints end with the client being paid, and the company publicly responds to and resolves disputes.
- It is used as an execution broker by the FXIFY prop-trading firm, which carries thousands of mostly positive reviews.
What would change this
What we would need to see to revise the verdict.
Our view would move in either direction if the facts changed.
- Toward safer: if FXPIG added a tier-1 or tier-2 licence (for example FCA, ASIC or CySEC) covering the entity that holds client money, and the withdrawal-delay complaints stopped.
- Toward safer: a sustained record of fast, clean withdrawals with no 'marked done but not paid' reports.
- Toward worse: a cluster of unresolved withdrawal refusals, frozen accounts, or any demand to pay a fee or tax before funds are released. That would move this toward a withdrawal-trap scam.
- Toward worse: a warning or enforcement action from a tier-1 regulator naming fxpig.com or markets.fxify.com, or the FSC Mauritius licence being suspended or withdrawn.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
FSC Mauritius Online Public Register
Search 'Prime Intermarket' to see the verified Investment Dealer licence.
Bank of Russia unauthorised-firms list entry
Russia flags the site as operating without Russian authorisation.
US SEC filing by owner FDCTech, Inc.
Announces the Mauritius subsidiary and its FSC dealer licence.
Trustpilot reviews (fxpig.com)
Independent user reviews and complaint themes.
Frequently asked questions
Quick answers about this broker’s safety.
Is FXPIG a scam?
We did not find evidence that FXPIG is an outright scam. It is a real, long-running offshore broker with a verified Mauritius licence and a public-company owner. We still rate it high risk because it is lightly regulated and has a pattern of withdrawal-delay complaints.
Is FXPIG a fraud?
No regulator or court has found FXPIG guilty of fraud, and we found no fraud-related enforcement action or court record naming it. That is not the same as a clean bill of health: the broker is offshore and carries elevated risk, so trade only money you can afford to lose.
Is FXPIG regulated?
Yes, but lightly. Its operator, Prime Intermarket Group Eurasia Ltd, holds an FSC Mauritius Investment Dealer licence that we confirmed on the regulator's register. Mauritius is a tier-3 offshore regulator, so protection is far weaker than with the FCA or ASIC.
Is FXPIG now FXIFY Markets?
Yes. fxpig.com now redirects to markets.fxify.com, branded FXIFY Markets. The site is operated by the same corporate group (Prime Intermarket Group), now owned by FDCTech, Inc. The client portal is still at portal.fxpig.com.
Can I withdraw my money from FXPIG?
Most clients can, but withdrawal delays are the most common complaint. Users report requests marked as 'done' that take weeks to arrive, usually blamed on payment providers. Many are eventually paid. Keep records and escalate in writing if a withdrawal stalls.
Is my money safe with FXPIG?
Your money sits with a Mauritius-licensed entity that says client funds are segregated. There is no tier-1-style compensation scheme, so if something goes wrong your options are limited. Treat it as higher risk than a tier-1 broker.
Who owns FXPIG?
FXPIG is operated by Prime Intermarket Group Eurasia Ltd, a Mauritius company that is a wholly owned subsidiary of FDCTech, Inc., a United States public company that files with the SEC.
How old is FXPIG?
The FXPIG brand has operated since about 2009 to 2010. Its domain was registered in October 2009 and the site has been online ever since. The current Mauritius licensing entity, however, was only incorporated in 2025.
What is the FSC Mauritius licence worth?
It is a genuine Investment Dealer licence, but Mauritius is a low-tier offshore regulator. It allows the firm to deal in securities and CFDs, yet it offers weak consumer protection and no compensation scheme comparable to the FCA, ASIC or CySEC.
Why is FXPIG on the Bank of Russia warning list?
The Bank of Russia lists FXPIG as a firm with signs of illegal activity because it is not licensed in Russia. This blanket list names most foreign brokers that serve Russian residents without a Russian licence. It is a scope issue, not a finding of fraud.
Is FXPIG a clone of another broker?
No. fxpig.com is the broker's own genuine domain, and the licence on the Mauritius register belongs to the same company named on the site. There is no sign it is impersonating another regulated firm.
What should I check before depositing with FXPIG?
Confirm the FSC Mauritius licence on the regulator's register, read the withdrawal terms, start with a small test deposit and withdrawal, and never pay any fee or tax to release your own funds. Remember that offshore protection is limited.
What do I do if I was scammed or cannot withdraw from FXPIG?
Put your complaint to the broker in writing and keep all records. Escalate to the FSC of Mauritius, the regulator that licenses the operator. If you funded by card, ask your bank about a chargeback. Avoid 'recovery' services that demand an upfront fee, as many are themselves scams.
What we recommend
The practical takeaway from everything above.
If you are considering FXPIG or FXIFY Markets, treat it as a high-risk offshore broker.
- Understand that your funds sit with a Mauritius-licensed entity. Protection is limited and there is no tier-1 compensation scheme.
- Start small. Test a full deposit-and-withdrawal cycle with a small amount before committing more.
- Keep written records of every deposit, trade and withdrawal request, with dates and reference numbers.
- Be very cautious if support ever asks you to pay a fee, tax or deposit to release a withdrawal. A legitimate withdrawal never requires that.
- If you cannot withdraw, raise a formal complaint with the broker in writing, then escalate to the FSC of Mauritius, and consider a card chargeback through your bank where you funded by card.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 11, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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