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 across 3 trading platforms. FXPesa maintains strong regulatory compliance with 1 regulatory licenses.
For Kenyan traders specifically, FXPesa provides various payment methods suitable for international clients. .
FXPesa Regulation & Safety
Regulatory Licenses
FXPesa Safety Features
- Segregated client funds
- Regulatory oversight
- SSL encryption
- Negative balance protection
- CMA Regulated for Kenya
FXPesa Pros & Cons
Advantages
- Regulated by the Capital Markets Authority of Kenya
- Offers a variety of trading instruments including forex, indices, and commodities
- User-friendly trading platforms including MetaTrader 4 and a proprietary mobile app
- Competitive spreads and low trading fees
- Local customer support available in Kenya
Disadvantages
- Limited cryptocurrency offerings compared to some global brokers
- Primarily focused on the Kenyan market, which may limit international appeal
- Educational resources are not as extensive as some competitors
- Withdrawal fees may apply, depending on the method used
FXPesa Current Promotions & Bonuses
FXPesa Welcome Bonus
This bonus is best suited for experienced traders who have a robust, proven strategy and a deep understanding of margin management. It should be seen as a temporary tool for specific strategic objectives, not as a permanent boost to your account size.
The "Come Back King" Bonus
A re-engagement tool, specifically designed to lure dormant clients back into active trading. It targets accounts that have been "Inactive," meaning there have been no trades or transactions for a period of at least 30 days.
Terms & ConditionsThe Refer-a-Friend Program
The program is broken down into five distinct tiers, creating a clear path to maximizing the potential payout. It is important to note that the trading volume requirement applies only to trades on FX and Metals.
Learn More →FXPesa Final Verdict
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.