FXPesa -Overview of Minimum Deposit, Spreads & Leverage

WikiFX | 2025-07-16 14:01

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

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