Contents
FXPesa Basics
| 🏛️ Based in | Limassol, Cyprus |
|---|---|
| ⚖️ Regulation | CMA, FCA |
| 💰 Minimum Deposit | $5 |
| 💳 Deposit Options | VISA, MasterCard, Neteller, Skrill, Bank Wire, M-Pesa, EAZZYPAY, & more. |
| 💳 Withdrawal Options | VISA, MasterCard, Neteller, Skrill, Bank Wire, M-Pesa, EAZZYPAY, & more. |
| 📌Open an account | Start Trading with FxPesa |
About FXPesa
FxPesa was first launched in 2016. It is a license broker based in Kenya and offers online trading services to the East African market. Despite being a fairly new forex broker, FxPesa has already earned a good reputation for being a reliable and trustworthy company.
FxPesa places a high value on providing great customer experience. Their goal is to providing good trading conditions and fast trade execution. As such, they have a competitive offering with two main live trading account options. They give traders access to a large selection of financial markets and 200+ trading instruments – including all major currency pairs. They also offer practical trading accounts with low minimum deposits, low spreads, and low commissions.
FxPesa also places a high value on education and trading resources. Their aim here is to help traders develop the skills they need to trade profitably. They provide a wide range of learning materials complete with webinars, eBooks, guides, glossaries, and infographics. They also give traders access to daily market news. When it comes to tools, FxPesa offers access to one of the world’s top online trading platforms – MetaTrader4. This, in combination with their great trading conditions and client support, enables them to offer a superb online trading experience.
Trading Instruments
FxPesa offers 200+ trading instruments across 4 asset classes. You can choose from a wide range of instruments including forex pairs, shares, indices, and commodities. This is what is on offer:
- Forex: FXPesa has many currency pairs including 7 major pairs, 21 minor pairs and 38 exotic pairs on offer. You can choose from popular pairs including EURUSD, GBPUSD, and USDCAD.
- Commodities: FXPesa has CFD trading on 8 commodities including Oil, Silver, Gold, and Platinum. Their commodities trading comes with great trading conditions.
- Indices: FxPesa has CFD trading on 12 indices. You can trade Germany 30, France 40, Japan 225, EU Stocks 50, Hong Kong 50, UK 100, and US SPX 500.
- Shares: FxPesa has CFD trading on a wide range of US shares, EU shares, and UK shares. You can choose from popular shares such as Meta, Tesla, and BMW.
Trading Accounts
| Type | Spreads | Min. Deposit | Max. Leverage | Commission |
|---|---|---|---|---|
| Executive | From 1.4 pips | $5 | 1:400 | $0 |
| Premiere | From 0.0 pips | $100 | 1:400 | $7 per lot |
Conclusion
FxPesa is a new, reliable forex broker serving the local market. They endeavour to provide the best possible trading conditions and succeed in offering two great, low-cost account options. FxPesa provide easy market access and offer some of the world’s best trading platforms. They also give traders the opportunity to trade 200+ highly popular trading instruments.
As a regulated company, they also offer a safe online trading environment with a good level of client fund protection. They also place a high value on forex education and trading support. They provide a good range of online learning materials to help you learn how to trade properly. FxPesa also offers excellent customer service and online trading support. As such, they are a great option for new and experienced forex traders in Nigeria.
Ready to start trading? Open an FxPesa trading account.
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