DislikedThe problems of this broker is it's regulation...Ignored
My first broker was an unregulated one called FinFx. They were great. Awesome spreads, fair commissions and fees, fast replies from their customer service, etc. While having a broker that is regulated by a well established regulatory body is a plus, it's no guarantee that they are 100% honest with you. Likewise, if a broker is regulated by a smaller body, it doesn't necessarily mean that they're a scam. Some licenses are very expensive to get. FxPig was regulated in New Zealand, then the government made it mandatory to pay extra in licensing fees, so they could offer services to clients in New Zealand and Australia. For smaller brokers, it's not worth it to pay that extra money, for a potentially small client base.
You can check out the discussions on another forum called donnaforex.com. The posts are fairly old, but Kevin answered all questions, and was very transparent about how things run, and why they choose to do the things they do. There was also a member of this site called realreason, who managed a PAMM account with FxPig. On his profile, you can see that he's withdrawn more money than he has put in. We're talking deposits of roughly $500k, and withdraws over $700k. Reviews at forex peace army are also very favorable for FxPig. You need to do your homework when looking for a broker. Not being regulated by the US/UK/ASIC/CySec is not the end of the world. There are still good brokers outside those regions.