Wikilix
FXPesa logo

FXPesa

Regulated
Kenya
Since 2019
Last Updated:

Trading Conditions

Min Deposit:
USD100
Max Leverage:
400
Account Types
  • Classic
  • Standard
  • ECN

Official website

fxpesa.com

Online · checked Sep 10, 2026

Funding Methods

6 methods

Bank Wire Transfer

bank transfer
Up to 1 day
Fee:Free
Fee:Free

Visa/Mastercard

credit card
Instant
Fee:Free
Fee:Free

Neteller

e wallet
Instant
Fee:Free
Fee:1%

Skrill

e wallet
Instant
Fee:Free
Fee:1%

KoraPay

bank transfer
Instant
Fee:Free
Fee:Free

Apple Pay

e wallet
Instant
Fee:Free
Fee:Free

Trust rating

Fair

51 out of 100 · 61% checked

It holds a valid CMA 107 licence.

We checked FXPesa on 2026-10-25 across its regulation, company record, client terms, trading offer and service, and could verify 61% of its record. Its strongest valid licence is CMA 107. The score of 51 is what the checked record adds up to; nothing held it down. What would move the score: licence held by the onboarding entity, verified age, transparency. No investigation has been published yet, so complaints and reputation are unknown. Its client terms have not been reviewed yet.

Score last calculated 2026/10/25

Company Information

Full Name:FXPesa
Founded:2019
Headquarters:Kenya
Enterprise Offices:N/A

Customer Support

Phone:
+254 730 676 002
Live Chat:
Available
Response Time:
—
Languages:
English
Scroll Down
Editorial review
Updated

Broker Summary

What Wikilix has recorded about FXPesa: its history, the licences it holds, its trading conditions and its fees.

Introduction to FXPesa: An Overview

FXPesa is a trading broker that provides access to numerous Global Financial Markets and is committed to simplifying the trading process; they provide traders with user-friendly tools, competitive trading conditions, and a broad range of trading instruments. The FXPesa website contains an extensive amount of information regarding FXPesa's different offerings, however the number of available options in the trading marketplace means that it can be challenging for traders to determine the most appropriate trading platform for their trading needs.

In this FXPesa review, we have provided a comprehensive analysis of the background history of FXPesa, including their Key Features and offerings, whether they are regulated, their trading Conditions, FXPesa's fees, and the User Experience with FXPesa. Although there is limited publicly available information, our FXPesa review will outline information available about FXPesa and identify areas of information that are still sparse.

History / Background of FXPesa

FXPesa was established in 2016 as a trading brokerage based in Malta. FXPesa provides traders with access to a wide range of financial instruments including Foreign Exchange (Forex) Pairs, Shares, Indices, Commodities & Exchange Traded Funds (ETFs). As a financial services provider, FXPesa operates as a trading broker, and very little historical data is available about the company's establishment, development, or milestones. The lack of publicly available information suggests that FXPesa is either a relatively new entrant into the brokerage industry or exists as a low-profile broker.

Key Features and Offerings

FXPesa's goal is to provide a wide assortment of trading products that allow it to cater to the different requirements of different types of traders. Although FXPesa does not provide specific information regarding product offerings and platform functionality on its website (such as the specific types of trading instruments provided), brokers within the same category typically offer access to Trading Forex, Commodities, Indices, and potentially Cryptocurrencies. As public information for FXPesa is limited, prospective clients should contact FXPesa directly for accurate and up-to-date information regarding the various instruments and trading platforms they offer.

Regulatory Compliance and Licensing

Regulatory oversight is an important factor when selecting a broker as it ensures that brokers comply with industry standards, and provide measures to protect clients. There is currently limited information available regarding FXPesa's regulatory licenses and compliance.

If FXPesa does not have clear regulatory credentials, traders should be cautious and conduct thorough due diligence prior to trading with them.

Trading Conditions and Platform Technology

Evaluating brokers also includes analysing their trading conditions such as: spreads, leverage and minimum deposit amounts. Specific details about FXPesa's trading conditions have not been made public.

Also, there is no public information available for FXPesa regarding which trading platform(s) they support (i.e. if they support popular platforms such as MetaTrader 4 and/or their own proprietary trading platforms). Therefore, traders should reach out to FXPesa directly to obtain confirmation as to what technology and tools they will be able to use.

Fee Structure

Understanding a broker's fee structure will help traders manage costs effectively. Currently, FXPesa has not publicly disclosed the specifics regarding their fee structures including deposit fees, withdrawal fees and commission rates.

Traders interested in FXPesa should ask the broker directly for disclosure of any fees associated with their accounts or trading.

User Experience and Market Reputation

Client feedback and market reputation are useful indicators of the reliability of a broker's service. Although there is limited information available concerning FXPesa from the public domain, there is insufficient information available to conduct a reliable assessment regarding the user experience or the reputation of the broker.

Interested traders should look for reviews on FXPesa from verified sources or community forums and perform their own due diligence before transferring funds to FXPesa.

Conclusion

FXPesa is positioned as a trading broker within the Financial Services market; however, due to the limited amount of public information available about FXPesa's offerings, regulatory status and trading conditions, potential traders should exercise due diligence before comitting funds to FXPesa. In the competitive market for brokerage firms, transparency and regulatory compliance are key components of the brokerage selection process. Until further information is available, traders are encouraged to perform additional research or use other brokers with well-publicised and documented regulatory compliance and client feedback.

Regulation check
Checked

Regulatory Licenses

FXPesa is listed with a tier-1 or tier-2 licence that we have not yet checked against the regulator's register. An unchecked licence is not a finding either way.

1 of 4 checked
Licences on record
4
Confirmed on register
1
Tier 1 or 2
1
Offshore
1

WIKILIX

Licence intelligence

The strongest of 4 licences on file

Licence Verification Record

Financial Conduct Authority 528328

Recorded from the firm's own disclosure. Not yet checked against the register.

Jurisdiction
United Kingdom
Authority strength
Tier 1
Licence type
Investment Advisory License
Not yet checked on the register

Client protection under this licence

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30

These are the rules FCA sets for the firms it licenses. They are not a statement about how FXPesa applies them, or about which of its companies would hold your account.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

Trading accounts
Updated

Account Types

3 account types on record. Minimum deposit from USD 30. Leverage up to 1:2000.

3 account types
AccountMin DepositMax LeverageCommission
ClassicStandardNot recorded1:2000Zero commission
StandardUSD 301:2000Zero commission
ECNUSD 1001:2000$3.5 per lot per side
Account names and conditions as published by FXPesa, recorded by Wikilix.
Deposits & withdrawals

Funding Methods

6 ways to fund an account. 6 with no deposit fee. 5 credit instantly.

6 methods
MethodDeposit feeWithdrawal feeMin depositWithdrawal min / maxProcessing
Bank Wire TransferBank Transfer
Maximum deposit depends on bank/card transfer limits; confirm with your bank. Available for domestic and international clients.
FreeFreeUSD 50USD 50Not recordedUp to 1 day
Visa/MastercardCredit Card
Prepaid Cards limit USD 5,000; Other Cards USD 10,000 per transaction & 50,000 daily limit. Available in supported regions.
FreeFreeUSD 5USD 1USD 5,000Instant
NetellerE-Wallet1Free1%USD 5USD 1USD 5,000Instant
SkrillE-Wallet1Free1%USD 5USD 1USD 5,000Instant
KoraPayBank Transfer
First-time deposits may take longer. Primarily available in Nigeria.
FreeFreeNGN 100NGN 100NGN 500,000Instant
Apple PayE-Wallet
First-time deposits may take longer. Available in regions where Apple Pay is supported.
FreeFreeNot recordedNot recordedNot recordedInstant

Broker's notes on these methods

  1. Withdrawal fee 1% up to $30 or equivalent. Available in supported regions. · applies to 2 methods
Fees, limits and processing times as published by FXPesa, recorded by Wikilix.
Trading software

Trading Platforms

2 trading platforms on record: MetaTrader 5 and MetaTrader 4.

2 platforms
  • MetaTrader 5 logo

    MetaTrader 5

    by MetaQuotes Software Corpsince 2010Developer site

    MetaTrader 5 (MT5) is a next-generation multi-asset platform for trading Forex, stocks, and futures, with advanced analytics, faster execution, and powerful algorithmic trading tools.

    Runs on

    • Web Trader
    • Android
    • iOS
    Details
  • MetaTrader 4 logo

    MetaTrader 4

    by MetaQuotes Software Corp.since 2005Developer site

    MetaTrader 4 (MT4) is a popular trading platform for Forex and CFDs, offering advanced charting, automated trading via Expert Advisors, and fast, reliable execution.

    Runs on

    • Web Trader
    • Android
    • iOS
    Details
Platforms and download links as published by the broker, recorded by Wikilix.
Social channels

Social Presence

4 official channels on record.

4 channels
Channels as published by the broker, recorded by Wikilix.
Frequently Asked Questions

Frequently Asked Questions

Common questions about FXPesa

Most Popular Questions
FXPesa offers customer support via phone, live chat during business hours, email, and social media platforms including Facebook, Twitter, LinkedIn, and Instagram. Support is available primarily in English, and contact details include a regional phone number and WhatsApp.
the maximum leverage varies by firm but can go up to 400 times. Specific leverage levels depend on the broker's policies and regulatory requirements.
FXPesa supports various funding methods including bank wire transfer, Visa/Mastercard, Neteller, Skrill, KoraPay, and Apple Pay. Deposits and withdrawals generally have no fees except for a 1% withdrawal fee on Neteller and Skrill, with minimum deposit amounts starting from 5 USD or equivalent.
FXPesa provides access to MetaTrader 4 and MetaTrader 5 platforms, which are available on desktop, web, Android, and iOS devices. These platforms support advanced charting, automated trading, and multi-asset trading capabilities.
FXPesa is regulated by the Capital Markets Authority (CMA) in Kenya and holds an onshore license for dealing in futures contracts. Client funds are protected by the Investor Compensation Fund, which covers up to KSh 50,000 per investor. The broker operates under medium transparency with a public license list.
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