All Share (J203) = 89 573
Rand / Dollar = 18.39
Rand / Pound = 23.82
Rand / Euro = 19.92
Gold (usd/oz) = 3 072.67
Platinum (usd/oz) = 982.20
Brent (usd/barrel) = 72.75
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

FXPesa Sign-up Bonus

FXPesa Sign Up Bonus Review

 

No. FXPesa does not offer a Sign-Up Bonus, however, FXPesa offers traders a welcome bonus or deposit bonus of 30% on their first initial deposit of R1600 ZAR / $100. FXPesa does not offer existing or new traders a referral bonus.

 

FXPesa at a glance

🔍 Broker’s nameFXPesa
📅 Year founded2019
🏛️ Publicly Traded (Listed Company)No
⚖️ Regulating authoritiesCMA
🌎 Country of RegulationKenya
✴️ Account Segregation✅Yes
✖️ Negative Balance Protection✅Yes
🤝 Investor Protection Schemes✅Yes
💱 Social/Copy Trading✅Yes
▶️ Institutional AccountsNo
👨🏼‍💼Managed accountsNo
💹 Minor Account CurrenciesKES, USD
💰 Minimum depositR0 / $0
📒 Demo accountYes
☪️ Islamic account (swap-free)No
⏱️ Average Deposit/Withdrawal Processing Time1-3 business days
➕ Deposit optionsWire/Bank transfer
Debit/Credit cards
E-Wallet
Mobile payments
➖ Withdrawal optionsWire/Bank transfer
E-Wallet
Mobile payments
💷 Fund Withdrawal FeeNo
📈 Spreads from0.0 pips
💸 CommissionsYes, variable
🔑 Number of Base Currencies Supported2 (KES, USD)
💳 Swap Fees✅Yes
🔣 Maximum leverage1:400
📊 Margin RequirementsVariable
⏲️ Order Execution Time< 1 second
📌 VPS HostingNo
➕ CFDs - Total OfferedOver 100
🗃️ CFD Stock Indices✅Yes
📰 CFD Commodities✅Yes
📑 CFD Shares✅Yes
📊 Platform(s) providedEquiti Trader
MetaTrader 4
MetaTrader 5
📶 OS compatibilityWindows, Mac, iOS, Android
🛍️ Tradable assets offeredForex, Indices, Commodities, US Shares, UK Shares and EU Shares
👥 Live Chat Availability✅Yes
📧 Customer Support Email Addresssupport@fxpesa.com
📱 Customer Support Contact Number+254 (0) 709 710 000
🖥️ Social Media PlatformsFacebook, Twitter, LinkedIn
💬 Languages supported on the websiteEnglish, Swahili
💬 Customer support languagesMultilingual
⏲️ Customer service hours24/6
🖇️ Forex Course✅Yes
💻 Webinars✅Yes
📚 Educational ResourcesArticles, 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 AccountOpen 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

 

Traders who opt for this bonus must note that there is a 150 USD cap, which translates to 2,300 ZAR.

 

FXPesa Sign-up Bonus Review – 7 Key Point Quick Overview (2025):

  1. ☑️FXPesa Sign-up Bonus
  2. ☑️FXPesa Referral Bonus
  3. ☑️Additional broker bonuses, promotions, and rewards
  4. FXPesa Customer Reviews
  5. FXPesa Pros and Cons
  6. Conclusion
  7. Frequently asked questions

 

To maintain this bonus, traders must ensure that they meet the minimum trading requirements

 

FXPesa Sign-up Bonus

FXPesa does not currently provide a sign-up bonus to South African traders.

 

📍 When South Africans register a real account with FXPesa, they are not given access to either of the following bonuses:

➡️ No-deposit bonus – which gives free credit without the trader making an initial deposit.

➡️ Sign-up bonus – A free bonus is given once traders have validated the trading account.

 

However, despite the absence of these popular bonuses, which are often the best way for brokers to attract new traders, FXPesa offers a Deposit Bonus or Welcome Bonus.

The 30% deposit bonus has been offered since April 2025 and while the terms and conditions are strict, this is an extremely popular deposit for traders. Traders who opt for this bonus must note that there is a 150 USD cap, which translates to 2,300 ZAR.

 

📍 To maintain this bonus, traders must ensure that they meet the minimum trading requirements, which are as follows:

➡️ Initial deposits from 100 to 199 USD (1,590 to 3,100 ZAR) will qualify for a bonus between 30 to 60 USD (470 to 950 ZAR) and must trade a 1.5 standard lot to retain their bonus

➡️ Initial deposits from 200 to 299 USD (3,100 to 4,700 ZAR) can qualify for bonus amounts between 60 to 90 USD. (950 to 1,400 ZAR) To retain this bonus, traders must trade two standard lots.

➡️ Deposits between 300 to 499 USD (4,700 to 7,900 ZAR) can earn 90 to 150 USD (1,400 to 2,300 ZAR) and must trade at least 4 standard lots to retain the credit.

➡️ For deposits of more than 499 USD (7,900 ZAR) traders can qualify for 150 USD (2,300 ZAR) in bonus funding and to retain this they must trade at least 4 standard lots.

 

FXPesa Referral Bonus

FXPesa does not offer existing or new traders a referral bonus.

 

One of the best to generate income is to encourage individuals to create a real account with your broker, who will provide you and your referral with the referral bonus once conditions are met.

 

This kind of incentive is also often referred to as a refer-a-friend incentive. The person who you propose should sign up for an account on the broker’s website by following the specific link that you have provided.

 

Additional broker bonuses, promotions, and rewards

FXPesa does not offer either a trading bonus or a broker bonus to loyal customers, active traders, or any other affiliates. A broker bonus is a form of trading credit that traders might get for fulfilling objectives, such as trading a certain amount of contracts.

 

Traders could obtain a broker bonus by meeting the requirements listed above. A trading bonus is often presented in the form of tournaments, in which participants compete for a variety of prizes, including cash, vehicles, mobile electronics, and so on.

 

FXPesa Customer Reviews

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

Customer reviews Five stars

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 the Karibu bonus to all traders who make their initial deposit once they have verified their real accountFXPesa does not offer a no-deposit bonus and there is no specific incentive for those who hold a demo account
Traders have 30 days to fulfill the trading volumes to retain their bonus credit

 

Conclusion

No, FXPesa does not offer a Sign-Up Bonus, however, FXPesa offers traders a welcome bonus or deposit bonus of 30% on their first initial deposit of R1600 ZAR / $100. The 30% deposit bonus has been offered since April 2025 and while the terms and conditions are strict, this is an extremely popular deposit for traders.

 

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.

FXPesa contact us

 

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 Minimum Deposit

You might also like: FXPesa Withdrawal Process

 

Frequently asked questions

What is the Karibu Bonus Program from FXPesa?

It is a welcome bonus that is offered to new traders who register a real account, validate their account, and opt into the bonus after they have made the minimum payment of R1600 ZAR / $100.

 

Does FXPesa have a no-deposit bonus?

No, FXPesa does not offer a sign-up or no-deposit bonus.

 

Can I withdraw my Karibu Bonus?

No, you cannot withdraw the bonus credit that you receive. If you make a profit using the deposit bonus, you can request a withdrawal. However, if you do so before the 30 days have passed, you will forfeit the trading bonus entirely.

 

How can I get the FXPesa bonus?

You can register a real account, validate your information, make a 1,590 ZAR ($100) deposit, and contact FXPesa customer support to opt-in.

 

For how long is the FXPesa bonus valid?

The FXPesa bonus initiative itself does not expire but once you have activated the bonus, you have 30 days before the credit in your account expires.

 

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.

 

5/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

August 4, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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