Basic Information
Registered Region 
Kenya
KenyaOperating Period
5-10 years
Company Name
EGM Securities Limited
Customer Service Email Address
support@fxpesa.com
Contact Number
+254730676002
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
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9
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9
/10
FXPesa
Kenya
|
5-10 years
|
Suspicious Regulatory License
|
High potential risk
https://www.fxpesa.com/ke-en/
Website
Rating Index
Influence
Influence
B
Influence index NO.1
Kenya 5.67Surpassed 15.60% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+254 730 676 002
support@fxpesa.com
https://www.fxpesa.com/ke-en/
RiverFront, 2nd Floor, Prof David Wasawo Drive, Westlands
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
2
Account
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:400
- SupportedEA
- Minimum Deposit$100
- Minimum Spreadfrom 0.0
- Depositing Method(8+) VISA MASTER Skrill Neteller
- Withdrawal Method(8+) MASTER VISA Skrill Neteller
- Minimum Position--
- CommissionUS$3.5/lot per side
- Products--
Updated：
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fxpesa.com
104.22.76.148Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| FXPesa MARKETS Review 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 | Average 1.4 pips (Standard account) |
| Trading Platform | MT4, MT5, Equiti Trader |
| Copy Trading | ✅ |
| Minimum Deposit | $100 |
| 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, and ETFs.
Pros and Cons
| Pros | Cons |
| Copy trading | Lack of regulation |
| Multiple trading instruments | Regional restrictions |
| MT4 and MT5 available | No Islamic trading account offered |
| Demo accounts 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, and ETFs.
| Tradable Instruments | Supported |
| Forex Pairs | ✔ |
| Shares | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| ETFs | ✔ |
| Cryptocurrencies | ❌ |
| Bonds | ❌ |
| Options | ❌ |
Account Type & Leverage & Fees
FXPesa provides 2 types of accounts, which are Standard and 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.
| Account Type | Standard | Premier |
| Accepted Currencies | USD, KES | |
| Minimum Deposit | $0 | $100 |
| Maximum Leverage | 1:400 | |
| Spread | Avezrage 1.4 pips | From 0.0 pips |
| Commission | $0 | US$3.5/lot per side |
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 | / |
Copy Trading
FXPesa Copy is a feature-rich platform that allows traders to copy a providers trading strategies on over 2,000+ financial assets.
Deposit and Withdrawal
FXPesaT provides mutipile payment methods, which are Mobile money, eWallets, Credit cards, and Bank transfers.
| Payment Method | Accepted Currencies | Deposit Fees | Withdrawal Fees | Deposit Time | Withdrawal Time |
| M-Pesa, EAZZYPAY & Airtel Money | KES | $0 | $0 | Instant | Instant |
| MTN & Airtel UG | UGX | ||||
| Vodacom, Airtel TZ, HaloPesa & TigoPesa | TZS | Within 24 hours | |||
| Neteller | USD | 1% up to USD$30 | 1-2 working days | ||
| SKRILL | USD, KES | ||||
| Mastercard | USD, KES, TZS, UGX | $0 | 1-2 working days, card withdrawals may take up to 15 working days to be credited into clients' card | ||
| VISA | |||||
| Local or international bank wire transfer | Deposits: USD, KES, TZS, UGX | Domestic Bank Wire: $0 | 1-5 working days | ||
| Withdrawals: Only USD & KES | International Bank Wire: USD$15 |
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.
Wiki Q&A
Wahab 
1-2 years
What payment methods does FXPesa support?
FXPesa supports a variety of payment methods, including mobile money services like M-Pesa, Airtel Money, Neteller, Skrill, Visa, and Mastercard. Deposit times are typically instant for mobile money, but bank wire transfers can take 1-5 working days for processing. Make sure to check for fees depending on the method you choose.
Broker Issues
Deposit
Withdrawal
07-03
United States
S jonas
1-2 years
Is FXPesa safe and legit for me to trade with?
In my opinion, trading with FXPesa comes with risks due to the absence of regulation. Although FXPesa provides access to the popular FXPesa MetaTrader 4 (MT4) and FXPesa MetaTrader 5 (MT5) platforms, there is no guarantee of security for your funds. It's important to carefully assess your risk tolerance before trading.
Broker Issues
Regulation
06-25
United States
marcustan
1-2 years
How long does FXPesa take to process withdrawals?
FXPesa processes withdrawals quickly for mobile money services like M-Pesa, which are usually instant. Withdrawals via Neteller and Skrill take 1-2 working days, while bank card withdrawals may take up to 15 working days. If you're in a hurry to access your funds, mobile money options are the fastest choice.
Broker Issues
Withdrawal
Deposit
05-24
United States
Rojas
1-2 years
How do I log in to my FXPesa account?
To log in to your FXPesa account, you can use the login page on their website or the mobile app. Once you have registered and received your account details, simply enter your username and password to access your account. If you're using the FXPesa MetaTrader 4 (MT4) or FXPesa MetaTrader 5 (MT5) platform, you can log in directly through those platforms using the credentials provided
Broker Issues
Deposit
Withdrawal
05-19
United States
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