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FXPesa

Item: FXPesa
Rating: 1.55

Kenya | 5-10 years |

Suspicious Regulatory License | High potential risk

https://www.fxpesa.com/ke-en/

Website

Open Account Time Machine

Rating Index

Influence

Influence index NO.1

Kenya 6.47

Surpassed 15.50% brokers

Biz Area Search Statistics Advertising Social Media Index

Contact

+254 730 676 002

support@fxpesa.com

https://www.fxpesa.com/ke-en/

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

Licenses

No valid regulatory information, please be aware of the risk!

Warning: Low score, please stay away!

2025-06-16

It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

Basic Information

Registered Region

Kenya

Operating Period

5-10 years

Company Name

EGM Securities Limited

Customer Service Email Address

support@fxpesa.com

Contact Number

+254730676002

Company Website

https://www.fxpesa.com/ke-en

Account

Biz Area

Website

Company Summary

News

Comment

Account

Updated： 2025-06-16

Environment

Currency

Maximum Leverage

1:400

SupportedEA

Minimum Deposit

$100

Minimum Spread

from 0.0

Depositing Method

Withdrawal Method

Minimum Position

Commission

US$3.5/lot per side

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Details

Official website

Website

fxpesa.com

104.22.76.148

Server Location

United States

ICP registration

Most visited countries/areas

Domain Effective Date

Website

Company

Company Summary

FXPesa MARKETSReview Summary
Founded	2016
Registered Country/Region	Kenya
Regulation	No regulation
Market Instruments	Forex pairs, shares, indices, commodities, ETFs
Demo Account	✔
Leverage	Up to 1:400
Spread	From 0 pip
Trading Platform	MT4, MT5, Equiti Trader
Minimum Deposit	$100
Copy Trading	✔
Customer Support	Phone: 0800-211-185 (Toll-Free Kenya)
	WhatsApPP: +254-730-676-002 ((International)
	Address: 12th Floor, Tower 2, Delta Corner Towers, Waiyaki Way, Westlands, Nairobi, Kenya
Regional Restrictions	the United States, Belgium, Canada and Singapore

FXPesa Information

FXPesa, founded in 2016, is a brokerage registered in Malta. The trading instruments it provides cover forex pairs, shares, indices, commodities, ETFs.

Pros and Cons

Pros	Cons
Welcome bonus offered	Lack of regulation
Multiple trading instruments	Regional restrictions
MT4, MT5 available	No Islamic trading account offered
Demo account available
Various payment options

Is FXPesa Legit?

It is clear that FXPesa is unregulated, which means that traders will be at great risk if they trade with this company. Traders should be more careful and cautious.

What Can I Trade on FXPesa?

FXPesa offers traders the opportunity to trade forex pairs, shares, indices, commodities, ETFs.

Tradable Instruments	Supported
Forex	✔
Shares	✔
Indices	✔
Commodities	✔
ETFs	✔
Cryptocurrencies	❌
Futures	❌
Options	❌

Account Types

FXPesa provides 2 types of accounts, which are Standard, Premier. The minimum deposit is $100. The spreads are as low as 0.0 pips. The leverage is up to 1:400. It also provides demo accounts. But it doesn't provide an Islamic account.

	Standard	Premier
Minimum deposit	No minimum deposit	$100
Leverage	Leverage up to 1:400	Leverage up to 1:400
Spreads	Average spreads of 1.4 pips	Spreads from 0.0 pips
Commission	$0 commission	US$3.5/lot per side commission
Currency type	USD or KES account	USD or KES account

FXPesa Fees

FXPesa charges US$3.5/lot per side for Premier Account, and $0 for Standard Account. The spreads are as low as 0.0 pips.

Trading Platform

FXPesaT's trading platform are MT4, MT5, and Equiti Trader, which support traders on PC, Mac, iPhone and Android.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web, Mobile	Beginners
MT5	✔	Web, Mobile	Experienced traders
Equiti Trader	✔	Mobile	/

Deposit and Withdrawal

The broker provides mutipile payment methods, which are Mobile money, eWallets, Credit cards, Bank transfers.

Payment Method	Accepted Currencies	Fees	Processing Time
M-Pesa, EAZZYPAY & Airtel Money	KES	Deposits & Withdrawals: $0	Deposits & Withdrawals: Instant
MTN & Airtel UG	UGX	Deposits & Withdrawals: $0	Deposits & Withdrawals: Instant
Vodacom, Airtel TZ, HaloPesa & TigoPesa	TZS	Deposits & Withdrawals: $0	Deposits : Instant; Withdrawals: Within 24 Hrs
Neteller	USD	Deposits: $0; Withdrawals: 1% up to USD$30	Deposits: Instant; Withdrawals: 1-2 working days
SKRILL	USD, KES	Deposits: $0; Withdrawals: 1% up to USD$30	Deposits: Instant; Withdrawals: 1-2 working days
Mastercard	USD, KES, TZS & UGX	$0	Deposits: InstantWithdrawals: 1-2 working days*Card withdrawals may take up to 15 working days to be credited into clients' card.
VISA	USD, KES, TZS & UGX	$0	Deposits: Instant; Withdrawals: 1-2 working days*Card withdrawals may take up to 15 working days to be credited into clients' card.
Local or international bank wire transfer	Deposits: USD, KES, TZS & UGX; Withdrawals: Only USD & KES	Deposits: $0; Domestic Bank Wire: USD$0; International Bank Wire: USD$15	Deposits: 1-5 working days; Domestic Withdrawals: 1-2 working days; International Withdrawals: 1-5 working days

Copy Trading

FXPesa Copy is a feature-rich platform that allows traders to copy a providers trading strategies on over 2,000+ financial assets.

Keywords

5-10 years
Suspicious Regulatory License
High potential risk

News

Exposure 2025 FXPesa Latest Review

As a forex trading platform that has rapidly risen in the African market in recent years, FXPesa has attracted considerable attention through its blend of localized services and global resource integration. But is it suitable for different types of investors? This article provides a comprehensive evaluation of the platform across various aspects, including its core features, safety, fee structure, and range of tradable instruments.

2025-05-20 21:47