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Is FXPesa Legit In Kenya? Find Out in Our Detailed Review 2025

★★★ ☆
7.8/10
CMA Approved
Min Deposit
$5
Max Leverage
1:400
Spread
0.3 pips
Platforms
Multiple

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Key Features

  • CMA Approved

FXPesa Overview

FXPesa is a forex and CFD broker established in 2019. The company is headquartered in Nairobi and offers comprehensive trading services with CMA approval for Kenyan clients.

What sets FXPesa apart is its commitment to providing accessible forex trading services with low minimum deposits . .

For Kenyan traders specifically, FXPesa provides various payment methods suitable for international clients. .

FXPesa Regulation & Safety

Regulatory Licenses

Regulatory information not available

FXPesa Safety Features

  • Segregated client funds
  • SSL encryption
  • Negative balance protection
  • CMA approved for Kenya

FXPesa Pros & Cons

Advantages

  • CMA approved for Kenyan traders
  • Low minimum deposit ($5)
  • High leverage available (1:400)

Disadvantages

  • Limited regulatory information
  • No M-Pesa payment support

FXPesa Final Verdict

7.8/10
Overall Rating
9.0/10
Regulation
8.5/10
Trading Costs
8.0/10
Support

FXPesa stands out as an excellent choice for Kenyan traders, particularly those who are new to forex trading. The combination of trading features, low minimum deposits, and comprehensive trading features makes it an ideal choice for the Kenyan market.

Risk Warning: Trading forex and CFDs involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Please ensure you understand the risks involved.

Patrick Mahinge
Senior Financial Analyst and CMT® Charterholder