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FXPesa Review: Is It Legit and Regulated?

EGM Securities Limited

KE Operating period unverified

AKA FX Pesa

FindMyFX score

high risk

5.3/10

0 Score out of 10 10

Independent assessment Updated 2026-07-19

Contact & regulation

Official website: fxpesa.com
Address: The RiverFront, 2nd Floor, Prof David Wasawo Drive, Westlands, Nairobi, Kenya
Contact: [email protected]
Primary license: CMA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is FXPesa legit and regulated?

FindMyFX has license records for FXPesa, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

Kenya-focused online forex and CFD broker operating under the FXPesa brand of EGM Securities Limited.

Professional broker overview

FindMyFX editorial summary

FXPesa is the trading name of EGM Securities Limited, which Kenya's Capital Markets Authority lists under online-forex licence 107. Official account materials describe Standard and Premier accounts with leverage up to 1:400, MT4, MT5 and Equiti Trader access, while the broker states that it provides execution-only services. The reviewed page presents different demo-balance figures in separate sections, so a fixed virtual balance is not recorded.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: Licence 107 was matched directly in the Kenyan regulator's register. Some trading conditions may vary by product, account and campaign, and the official account page shows inconsistent demo-balance amounts.

Operational status: active
Broker type: unknown
Execution model: Execution-only service; the broker states that it does not trade or provide investment management on behalf of clients.
Support hours: Not verified

Support languages: English

Documented advantages

The Kenyan CMA register identifies EGM Securities Limited trading as FXPesa under licence 107.

Documented limitations

Official materials state that the website is not directed at residents of the United States, Belgium, Canada or Singapore.

100%coverage

Published profile coverage

8 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

EGM Securities Limited

Primary

KE PVT-AAAAFF7

Trading access

Account types

Available account structures and their current verification state.

1 account

Standard

unverified

Deposit: 0.00
Leverage: 1:400

USD 0 commission

Spread: 1.40 pips typical
Base currencies: USD, KES
Margin call / stop-out: —% / —%
Demo / Islamic: Yes / Unknown
Balance protection: Unknown
Last verified: Not verified

Markets and instruments

Commodities CFDs

unverified

Forex

unverified

Futures CFDs

unverified

Indices CFDs

unverified

Deposit and withdrawal methods

Credit cards

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Mobile money

unverified

Deposit: Yes · Withdrawal: Yes

Processing time not shown · Fee not shown

Research sources

List of licensees - EGM Securities Limited trading as FX Pesa Capital Markets Authority Kenya unverified

Trading accounts FXPesa unverified

Licenses and regulators

CMA

107

unverified

Last verified: Not shown

Type: Online foreign exchange broker

Client class: retail

Compensation: Not shown

Segregated funds: Unknown

Negative balance protection: Unknown

Open official register ↗

Jurisdiction-specific offerings

KE · retail

unverified

Entity not linked · Leverage 1:400

Compensation scheme not shown

Instrument trading costs

EURUSD

unverified

Typical spread: 1.40000 pips · Commission: —

Swap long — · short —