Overall FXPesa offers competitive fees and spreads. PXPesa spreads are from 0.00 pips to 1.40 pips. PXPesa commission-free trading depends on the account traders select making them a low-risk trading option.
FXPesa at a glance
| 🔍 Broker’s name | FXPesa |
| 📅 Year founded | 2019 |
| 🏛️ Publicly Traded (Listed Company) | No |
| ⚖️ Regulating authorities | CMA |
| 🌎 Country of Regulation | Kenya |
| ✴️ Account Segregation | ✅Yes |
| ✖️ Negative Balance Protection | ✅Yes |
| 🤝 Investor Protection Schemes | ✅Yes |
| 💱 Social/Copy Trading | ✅Yes |
| ▶️ Institutional Accounts | No |
| 👨🏼💼Managed accounts | No |
| 💹 Minor Account Currencies | KES, USD |
| 💰 Minimum deposit | R0 / $0 |
| 📒 Demo account | Yes |
| ☪️ Islamic account (swap-free) | No |
| ⏱️ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| ➕ Deposit options | Wire/Bank transfer Debit/Credit cards E-Wallet Mobile payments |
| ➖ Withdrawal options | Wire/Bank transfer E-Wallet Mobile payments |
| 💷 Fund Withdrawal Fee | No |
| 📈 Spreads from | 0.0 pips |
| 💸 Commissions | Yes, variable |
| 🔑 Number of Base Currencies Supported | 2 (KES, USD) |
| 💳 Swap Fees | ✅Yes |
| 🔣 Maximum leverage | 1:400 |
| 📊 Margin Requirements | Variable |
| ⏲️ Order Execution Time | < 1 second |
| 📌 VPS Hosting | No |
| ➕ CFDs - Total Offered | Over 100 |
| 🗃️ CFD Stock Indices | ✅Yes |
| 📰 CFD Commodities | ✅Yes |
| 📑 CFD Shares | ✅Yes |
| 📊 Platform(s) provided | Equiti Trader MetaTrader 4 MetaTrader 5 |
| 📶 OS compatibility | Windows, Mac, iOS, Android |
| 🛍️ Tradable assets offered | Forex, Indices, Commodities, US Shares, UK Shares and EU Shares |
| 👥 Live Chat Availability | ✅Yes |
| 📧 Customer Support Email Address | support@fxpesa.com |
| 📱 Customer Support Contact Number | +254 (0) 709 710 000 |
| 🖥️ Social Media Platforms | Facebook, Twitter, LinkedIn |
| 💬 Languages supported on the website | English, Swahili |
| 💬 Customer support languages | Multilingual |
| ⏲️ Customer service hours | 24/6 |
| 🖇️ Forex Course | ✅Yes |
| 💻 Webinars | ✅Yes |
| 📚 Educational Resources | Articles, videos, tutorials |
| 🖍️ Affiliate Program? | ✅Yes |
| 😎 IB Program | ✅Yes |
| 💯 Do they sponsor any notable events or teams? | No |
| ⏩ Rebate Program | ✅Yes |
| 🥰 Does FXPesa Accept South African Traders? | ✅Yes |
| 📊 Is FXPesa Regulated by the South African Regulatory Body (FSCA)? | No |
| 🪙 Does FXPesa Offer an Affiliate Program for South African Traders? | ✅Yes |
| ❤️ Does FXPesa Allow Opening Trading Accounts in ZAR/Rands? | No |
| 🚀 Open an Account | Open Account |
Min Deposit
R0 / $0
Regulators
CMA
Trading Platform
MT4, MT5, FXPesa Trader
Crypto
No
Total Pairs
62
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
The spreads that traders can expect from FXPesa will depend on the financial instrument.
FXPesa Fees and Spreads Review – 7 Key Point Quick Overview (2025):
FXPesa Fees and Spreads- FXPesa Additional Trading Fees
- FXPesa Broker Fees
- FXPesa Customer Reviews
- FXPesa Pros and Cons
- Conclusion
- Frequently asked questions
There will be no spread betting fees at FXPesa since the broker does not provide spread betting services.
FXPesa Fees and Spreads
| ➕ Deposit Methods | 💰 Wire / Bank transfer | 💰 Debit / Credit card | 💰 E-Wallet | 💰 Mobile payments |
| 💳 Supported currencies | USD, KES, TZS, UGX | USD, KES, TZS | USD, KES | USD, KES, TZS, UGX |
| 💳 Deposit arrival time | 1-3 Working Days | Instant | Instant | Instant |
| 💳 Fees | Free | Free | Free | Free |
| 💳 Payment methods | I&M Bank Limited | Visa, Mastercard | Skrill, Neteller | Mpesa - Lipa na Bonga - EazzyPay - Airtel money - eLipa - Mastercard, Visa - MTNMoney - (UGX) – Vodacom (TZS) – Tigo (TZS) – Airtel (TZS) |
| ➖ Withdrawal Methods | ||||
| 💳 Supported currencies | USD, KES | ❌ | USD, KES | KES, TZS, UGX |
| 💳 Withdrawal arrival time | 3-5 working days | ❌ | 3 hours | 3 hours |
| 💳 Local withdrawal fees | Free | ❌ | 1% (capped at R480 ZAR / $30, currency equivalent) | Free |
| 💳 International withdrawal fees | R240 ZAR / $15 / 1650 KES | ❌ | 1% (capped at R480 ZAR / $30, currency equivalent) | Free |
| 💳 Payment providers | I&M Bank Limited | ❌ | Skrill, Neteller | Mpesa - Lipa na Bonga - Airtel money - eLipa - MTNMoney (UGX) |
The spread list for FXPesa starts from 0.0 pips EUR/USD.
FXPesa is a No-Dealing Desk Broker that uses an Electronic Communications Network (ECN) and offers market execution on trades. FXPesa receives pricing from top liquidity providers and the spreads charged are variable.
The spreads that traders can expect from FXPesa will depend on the financial instrument, market conditions on the day of trading, and the trading account that they use.
FXPesa charges the following typical spreads:
Executive Account – 1.4 pips EUR/USD
Premiere Account – 0.0 pips EUR/USD
While the executive account does not have any commissions, the Premiere Account has a commission charge of $7 per standard lot, round turn on forex and precious metals.
FXPesa Additional Trading Fees
| 🔍 Instrument | 📈 Long (Buy) Swap | 📉 Short (Sell) Swap |
| 💱 BTC/USD | -25.15 pips | -24.85 pips |
| 💱 EUR/USD | -4.8 pips | 1.36 pips |
| 💱 RUSS2000 | -2.17 pips | -1.83 pips |
| 💱 UKOILRoll | 29.17 pips | -49.17 pips |
| 💱 XAG/USD | -1.444 pips | -0.549 pips |
| 💱 XAU/USD | 4.954 pips | -0.841 pips |
The above are some common overnight fees for South African traders. FXPesa’s swap fees are based on several factors, including the trading instrument, the account currency, the size of the position, and the overall exchange rate.
There will be no spread betting fees at FXPesa since the broker does not provide spread betting services.
FXPesa Broker Fees
Payment methods provided by FXPesa do not levy deposit fees. Withdrawal fees are charged on the following:
eWallets have a 1% fee up to a maximum of 30 USD.
Withdrawals made internationally through bank wire transfer will have a 15 USD fee applied.
The broker fees charged by FXPesa are as follows:
There is an inactivity fee charged when a live trading account goes dormant after 180 consecutive days.
Currency conversion fees apply on deposits and withdrawals that are made in currencies other than USD.
FXPesa Customer Reviews
the best foex company i ever deal with…
the best foex company i ever deal with in Africa specially in kenya// so qiuck in deposit also in withdrawing more convianient really really i liked so much,,,,,,,,,,,,,,,,,,,, thank you EGM and Fxpesa keep going guys
Min Deposit
R0 / $0
Regulators
CMA
Trading Platform
MT4, MT5, FXPesa Trader
Crypto
No
Total Pairs
62
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
FXPesa Pros and Cons
| ✔️ Pros | ❌ Cons |
| FXPesa offers commission-free trading on the Executive Account | There is an inactivity fee charged and currency conversion fees may apply |
| The Premiere Account charges spread from 0.0 pips | There are withdrawal fees charged |
| There are no deposit fees charged | The spread list on the Executive Account is expensive |
| FXPesa offers an Islamic Account to Muslim traders |
Conclusion
Overall, FXPesa offers competitive fees and spreads. PXPesa spreads from 0.00 pips to 1.40 pips, and commission-free trading depends on the account traders select making them a low-risk trading option.
FXPesa is a No-Dealing Desk Broker that uses an Electronic Communications Network (ECN) and offers market execution on trades. FXPesa receives pricing from top liquidity providers and the spreads charged are variable.
You might also like: FXPesa Review
You might also like: FXPesa Account Types Overview
You might also like: FXPesa Demo Account – Step by Step
You might also like: FXPesa Islamic Account Overview
You might also like: FXPesa Minimum Deposit
You might also like: FXPesa Sign-up Bonus
You might also like: FXPesa Withdrawal Process
Frequently asked questions
What is the spread for FXPesa?
FXPesa’s average spread is 0.0 pips on the Premiere Account and 1.4 pips on the Executive Account.
Does FXPesa charge commissions on trades?
Yes, FXPesa applies commissions of $7 per standard lot, per round, on the Premiere Account.
Does FXPesa charge variable spreads?
Yes, FXPesa is an NDD broker that employs an ECN execution model with variable/floating spreads.
Does FXPesa have ECN?
FXPesa uses ECN to execute trades by sending the orders of traders to market makers where they are filled.
What is FXPesa’s Leverage?
FXPesa offers leverage up to a maximum of 1:400 on Forex major pairs.
Addendum/Disclosure
No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
Top 4 Brokers
