low
FISG (First InterStellar Group) is a legally registered forex broker located in Saint Vincent and the Grenadines, but not regulated by any government agency.
FISG accepts clients from all over the world, excluding USA, European Economic Area, Iran and some other countries where restrictions apply.
Forex broker offers the following underlying assets for trading.
| 55 Currency Pairs | Based on major and minor world currencies. |
| 4 Crypto Pairs | Based on Bitcoin, Ethereum, Litecoin, Ripple. |
| 10 Indice CFDs | Based on baskets of different blue-chip stocks. |
| 2 Metal CFDs | Based on Gold and Silver. |
| 2 Energy CFDs | Based on Crude Oil (WTI, Brent). |
| 10+ Stock CFDs | Based on shares of top-rated US companies. |
FISG, also known as First InterStellar Group, is a forex and CFD broker that has been operating since 2011. The company is legally registered in Saint Vincent and the Grenadines, with its listed office in Kingstown. While FISG has a relatively long track record compared to many newer offshore brokers, it is important to note that it is not regulated by any government financial authority. As is common with brokers registered in Saint Vincent and the Grenadines, the local registry allows companies to be incorporated but does not in any way supervise or license forex trading.
FISG offers leverage of up to 1:500, which is significantly higher than the 1:30 leverage that is permitted in heavily regulated markets such as the EU, UK and Australia. Obviously, such high leverage allows traders to control larger positions with relatively small amounts of capital, but it also increases the risk and therefore requires disciplined risk management.
In terms of account types, FISG offers three types to choose from depending on the trader's own style and needs:
– Standard Account, with spreads from 2 pips and no commissions
– ECN Account, with spreads from 0 pips and commissions of $6 per lot per side on all trades
– Union Account, with spreads from 1.1 pips and no commissions
The minimum deposit is set to $100 across all three account types, and all other trading conditions, including stop-out levels, minimum order size and leverage, are also the same for all trading accounts.
Moving over to trading platforms, FISG provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5), as well as a dedicated social trading platform. As many forex traders know, MT4 and MT5 remain industry standards due to their advanced charting tools, support for automated trading strategies, and broad ecosystem of indicators and so-called Expert Advisors (EAs). As usual, the MetaTrader platforms are available in their downloadable versions for Mac and Windows, and in a web version for use on any kind of computer.
FISG offers a reasonably broad range of tradable instruments across multiple asset classes. Forex traders can access 55 currency pairs covering major and minor markets. Crypto exposure is more limited, with four crypto pairs based on Bitcoin, Ethereum, Litecoin, and Ripple. In addition, clients can trade 10 index CFDs, two metal CFDs based on gold and silver, and two energy CFDs. The broker also offers a small selection of stock CFDs based on well-known US companies for those interested in that.
Funding and withdrawal methods at FISG include wire transfers, China UnionPay, and cryptocurrencies such as Bitcoin (BTC) and Tether (USDT). Strangely, commonly used credit cards like Visa and MasterCard are not accepted by this broker.
FISG accepts clients from most countries worldwide but excludes residents of the USA, the EU and the European Economic Area (EEA), Iran, and several other jurisdictions where its services may conflict with local laws. Notably, the broker appears to have a strong focus on the Asian market, with the website available in Indonesian, Japanese, Korean, Malay, Thai, Russian, Vietnamese, Traditional Chinese, and Lao.
Overall, FISG boasts a long-standing history as a offshore broker offering flexible trading conditions, low entry requirements, and a solid mix of trading tools and educational content. Its high leverage, copy-trading features, and familiar trading platforms may well appeal to many active forex traders. Still, the absence of formal regulatory oversight means that there are certain risks trading with this broker, for example in the case of a bankruptcy. For those that have done their due diligence, however, FISG could absolutely be an interesting broker to consider.
