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FXPesa Review 2024

Ben Johnson
Forex Broker Expert

4 / 5 – 1 Ratings

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Brokers Highlights

Brokers Name

FXPesa

Trading Desk

ECN

Year Founded

2009

Headquarters

Regulation

EGM Securities Limited which is licensed by the Capital Markets Authority Kenya

US Clients

🇺🇸
No

247 Support

Support Email

support@fxpesa.com

Telephone

+254-730-676-002

Address

12th Floor, Tower 2, Delta Corner Towers, Waiyaki Way, Westlands, Nairobi, Kenya

Languages

Accounts Details

Commission

Accounts

Executive account, Premiere account, Risk-free demo

Min. Deposit

5 USD

Currencies

USD, KES, TZS & UGX

Execution

Market Еxecution

Leverage

1:400

Spreads

Spreads From 1.4 Pips

Trade Size

From 0.01

Instruments

Forex, cryptos, commodities, indices, NSE futures, shares & ETFs

Demo Trading

Swap-Free

CopyTrading

Crypto Trading

Platforms

Platform

MT4, MT5 & Equiti Trader

Mobile Trading

Yes

Web Trading

Yes

Affiliate

Yes

Funding

Deposit

VISA, MasterCard, Bank Wire Transfer, Skrill, Neteller, M-Pesa, EAZZYPAY & Airtel Money, MTN & Airtel UG, Vodacom, Airtel TZ, HaloPesa & TigoPesa

Withdrawal

VISA, MasterCard, Bank Wire Transfer, Skrill, Neteller, M-Pesa, EAZZYPAY & Airtel Money, MTN & Airtel UG, Vodacom, Airtel TZ, HaloPesa & TigoPesa

Pros

Not Found

Cons

Not Found
4 / 5 – 1 Ratings

FXPesa is the first to offer Forex and CFD products for the retail market in East Africa. Our all-inclusive mobile app facilitates smooth trading for traders at all levels. Whether you are a complete beginner or an expert – They will help you to succeed.

This Company is the trading name of EGM Securities Limited (company registration number PVT-AAAAFF7), which is authorised and regulated by the Capital Markets Authority, and has its registered address at 12th floor, Tower 2, Delta Corner Towers, Waiyaki Way, Westlands, Nairobi.

Regulation – CMA Authorised and Regulated

FxPesa is powered by EGM Securities limited and as such, we are Kenya’s First authorised and regulated Non-Dealing Online Forex Broker. Regulation from the Capital Markets Authority Kenya is similar to Tier 1 regulation which will guarantee all clients money is segregated. EGM Securities Limited License number is 107.

FXPesa Accounts

They providing fast and reliable order execution and the most competitive trading conditions in the market. As well as its Executive account, Also introduced new Premiere account which offers spreads from as low as zero pips. Perfect for all types of traders, Premiere account offers a bonus of a 30% cash return when funding $100.

Choose the account type that suits your particular trading strategy and get access to exceptional execution on trades across more than 200 instruments – all from a single account.

  • Executive Account – Minimum deposit is only $5. 66 currency pairs, 6 precious metals, 37 CFDS, 150 Shares+. MetaTrader 4 and FXpesa Trader. Typically FX Spread from 1.4 pips. 1:400 for forex and precious metals, 1:200 for CFDs, 1:20 For Equities. No Commission.
  • Premiere Account – Minimum deposit is only $100. 66 currency pairs, 6 precious metals, 37 CFDS, 150 Shares+. MetaTrader 4 and FXpesa Trader. Typically FX Spread from 0 pips. 1:400 for forex and precious metals, 1:200 for CFDs, 1:20 For Equities. Commission USD 7.0 per 1 standard lot round turn on FX and precious metals.

Trading Platforms

Mobile Trading – Mobile Platform brings you the best trading resources, an impressive range of products and integrated access with the account management portal. This mobile application guarantees a seamless trading experience for traders on the move.

FXPesa Trader – FXPesa Trader provides you with instant online access to your trading account without downloading clunky desktop applications. This web application features numerous easy to use technical indicators and drawing tools to aid your market analysis and trading. You can also search for specific assets and create your own list of favourites as well as access MyFXPesa.

FXPesa MT4 – The MetaTrader 4 (MT4) is undoubtably the world’s most popular online trading platform – robust and stable environment with multiple functionalities to ease the process of online trading. MT4 can be downloaded from MYFXPesa when you register for a live or demo account

Deposit & Withdrawals

At FXPesa, making deposits and withdrawals is extremely simple and straightforward and takes up very little of your time. It is our constant endeavour to offer you a wider array of deposit and withdrawal options and to make the process even easier. If you have any further queries, please contact our Client Support Team support@fxpesa.com.

Payment Methods – Wire/Bank Transfer, Debit/Credit Cards, Skrill, Neteller, Mpesa – Lipa na Bonga – EazzyPay – Airtel money – eLipa – Mastercard, Visa – MTNMoney – (UGX)

Payment Enquiries: +254 20 7643 962 | backoffice@fxpesa.com

Is FXPesa Safe..?

Yes. FxPesa is powered by EGM Securities limited and as such, we are Kenya’s First authorised and regulated Non-Dealing Online Forex Broker. Regulation from the Capital Markets Authority Kenya is similar to Tier 1 regulation which will guarantee all clients money is segregated. EGM Securities Limited License number is 107.

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4 / 5 – 1 Ratings

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