FXPesa Minimum Deposit

The FXPesa minimum deposit amount required to register an FXPesa live trading account is R80 ZAR / $5. There are 2 accounts to choose from namely an Executive Account and Premier Account both with different minimum deposit amounts.

FXPesa at a glance

Overall Rating

• 4.5/5

Read Review

OPEN AN 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

FXPesa Minimum Deposit Review – 7 Key Point Quick Overview (2025):

1. FXPesa Minimum Deposit
2. FXPesa Deposit fees and deposit methods
3. A step-by-step guide to depositing the minimum amount
4. FXPesa Customer Reviews
5. FXPesa Pros and Cons
6. Conclusion
7. Frequently asked questions

FXPesa charges currency conversion fees. When traders deposit funds in currencies other than USD (the base account currency), they will face currency conversion fees on deposits and withdrawals.

FXPesa Minimum Deposit

FXPesa charges a minimum deposit amount of R80 ZAR / 5 USD. Current currency rates between the South African Rand versus the US Dollar indicate that this amount is 80 ZAR, at the time of writing.

FXPesa forms a part of EGM Securities Limited, which is well-regulated and overseen by the Capital Markets Authority (CMA). While FXPesa is not regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, the broker accepts South African traders.

Through its strict regulation, and to keep its licenses with market regulators, FXPesa must keep all client funds in segregated accounts, separate from the broker account. It is also essential that this money is not utilized for operational reasons but is only used for trading operations of clients.

FXPesa Deposit fees and deposit methods

FXPesa does not charge any deposit fees on the deposit methods available to South African traders. Any of the following payment options can be used to make a minimum deposit of 5 USD:

Credit Card

Debit Card

Bank Wire Transfer

eWallets

Mobile Payments

When making the minimum deposit into their One Account, they can use the following deposit currencies:

USD

KES

TZS

UGX

When South African traders deposit funds into a trading account, they should take note of the following typical deposit arrival times:

Bank Wire Transfer – between 1 to 3 working days

Debit/Credit Cards – Instant

eWallets – Instant

Mobile Payments – Instant

A step-by-step guide to depositing the minimum amount

Once the trader’s account has been validated and they have received their Client Portal login credentials, they can navigate to the FXPesa website and log in.

To deposit funds, South African traders can follow these 4  steps:

Step 1 – Click on the deposit option.

Once logged into the client portal, go to the lefthand side of the dashboard, and select “Deposits.”

Step 2 – Choose a deposit method

This will reveal the list of available deposit options. Traders can select their preferred method, choose the account that they want to fund, and provide the deposit currency and amount.

Step 3 – Verify your deposit

Lastly, traders can verify the deposit and follow any additional steps that may be required from their payment provider.

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

Overall Rating

• 4.5/5

Read Review

OPEN AN 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

FXPesa Pros and Cons

Conclusion

The FXPesa minimum deposit amount required to register an FXPesa live trading account is R80 ZAR / $5. There are 2 accounts to choose from namely an Executive Account and Premier Account both with different minimum deposit amounts. Current currency rates between the South African Rand versus the US Dollar indicate that this amount is 80 ZAR, at the time of writing.

FXPesa forms a part of EGM Securities Limited, which is well-regulated and overseen by the Capital Markets Authority (CMA). While FXPesa is not regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, the broker accepts South African traders.

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 Fees and Spreads

You might also like: FXPesa Islamic Account Overview

You might also like: FXPesa Sign-up Bonus

You might also like: FXPesa Withdrawal Process

Frequently asked questions

Can I deposit in ZAR with FXPesa?

You can only deposit funds in the following currencies:

• USD
• KES
• TZS
• UGX

Does FXPesa charge currency conversion fees?

Yes, FXPesa charges currency conversion fees. When traders deposit funds in currencies other than USD (the base account currency), they will face currency conversion fees on deposits and withdrawals.

Does FXPesa have a ZAR account?

No, FXPesa does not have a ZAR-denominated account.

Does FXPesa charge deposit fees?

No, there are no fees charged when South Africans deposit the minimum deposit.

What is the minimum deposit requirement with FXPesa?

The minimum deposit requirement is R80 ZAR (5 USD) when traders register an Executive Account.

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.