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EGM Securities Forex Broker provides real users with 2 positive reviews, * neutral reviews and * exposure review!

EGM Securities Broker Review

2.36

WikiFX monitor

Software Index

White Label

License

No license

EGM Securities Review 2

Latest All(2) Positive(2)
Positive

Nice Broker, that offers both Mt4 and Mt5 trading platforms. It is always good to have a versatile broker. I prefer trading using Mt5 with EGM Securities because I can use Sell-Stop Limits and Buy-Stop Limits orders, my friend on the other hand prefers Mt4 with the old-fashioned limit and stop orders.

King Sen Tan
2023-03-15
Positive

EGM Securities offers MetaTrader 4 and MetaTrader 5, which is an attractive point for me. But it doesn't look like it has a regulatory license... I can choose other companies, there is no need to invest here.

yaoyao
2023-02-20

  

EGM Securities 2025 Review: Everything You Need to Know

  

Executive Summary

  EGM Securities stands out as one of Kenya's premier forex brokers. The company offers traders a secure environment where client funds stay protected under regulatory oversight. This egm securities review reveals a broker that has established itself as a notable player in the East African forex market since its inception in 2018. The company operates as Kenya's first non-dealing desk online forex broker. This means they provide traders with direct market access and transparent pricing.

  Key features that distinguish EGM Securities include leverage up to 1:400 and its unique positioning as a Non-Dealing Desk broker. This setup ensures that client orders get executed without conflicts of interest. The broker caters primarily to investors seeking flexible trading conditions in forex and CFD markets. They offer access to 28 stocks and indices alongside 4 precious metals. As part of the global Equiti Group, EGM Securities benefits from established infrastructure and regulatory frameworks across multiple jurisdictions including the UK, Jordan, UAE, and Australia.

  The broker's commitment to financial freedom and education makes it particularly appealing to both novice and experienced traders in the region. Client fund safety remains a cornerstone of their operations. Regulatory protection ensures trader confidence in their investment security.

  

Important Disclaimer

  EGM Securities operates as a Kenyan-based broker under the supervision of the Kenya Capital Markets Authority. This makes it particularly suitable for traders in specific regional markets. Potential clients should be aware that regulatory frameworks and available services may vary depending on their geographical location and local financial regulations.

  This review is based on available public information and regulatory disclosures. While comprehensive, it may not cover all user experiences or real-time trading conditions that individual traders might encounter. Market conditions, regulatory changes, and broker policies can evolve. These changes may affect the accuracy of certain details over time. Prospective traders are encouraged to conduct their own research and verify current terms and conditions directly with the broker before making investment decisions.

  

Rating Framework

Evaluation Criteria Score Justification
Account Conditions N/A Specific account types, minimum deposits, and detailed terms not specified in available materials
Tools and Resources N/A Complete information about trading tools and educational resources not detailed in current documentation
Customer Service and Support N/A Specific support channels, response times, and service quality metrics not provided in available sources
Trading Experience N/A Platform performance data and user experience metrics not detailed in accessible information
Trust and Reliability 7/10 Regulated by Kenya Capital Markets Authority with client fund protection measures in place
User Experience N/A Detailed user interface and overall satisfaction data not fully covered in available materials

  

Broker Overview

  Company Foundation and Background

  EGM Securities was established in 2018 as a pioneering force in Kenya's forex trading landscape. The company holds the distinction of being Kenya's first non-dealing desk online forex broker. This represents a significant advancement in the country's financial services sector. As a member of the global Equiti Group, EGM Securities benefits from international expertise and established operational frameworks that span multiple regulated jurisdictions including the United Kingdom, Jordan, United Arab Emirates, and Australia.

  The broker's mission centers on promoting financial freedom and enhancing financial literacy among traders in East Africa. This educational focus, combined with their technological infrastructure, positions them as more than just a trading platform. They serve as a complete financial education and trading solution provider. Their non-dealing desk model ensures that client orders get processed transparently without the broker taking opposing positions against their clients.

  Business Model and Market Position

  EGM Securities operates primarily in forex and CFD trading markets. The company offers clients access to a diverse range of financial instruments. Their asset portfolio includes traditional forex pairs alongside CFD products covering 28 different stocks and indices, plus 4 precious metals trading options. This diversification allows traders to build complete portfolios across multiple asset classes while maintaining the convenience of a single trading account.

  The broker's regulatory oversight comes from the Kenya Capital Markets Authority. This ensures compliance with local financial regulations and provides client protection measures. This regulatory framework is particularly important for establishing trust and credibility in emerging markets where financial service regulation is crucial for investor confidence. The egm securities review landscape consistently highlights their commitment to maintaining regulatory compliance and operational transparency.

  

Detailed Information Analysis

  Regulatory Jurisdiction and Compliance

  EGM Securities operates under the regulatory oversight of the Kenya Capital Markets Authority. This provides a structured framework for broker operations and client protection. This regulatory relationship ensures that the broker maintains appropriate capital requirements, follows established business practices, and provides necessary safeguards for client funds and data protection.

  Available Trading Assets

  The broker's asset selection focuses on core trading instruments that appeal to both retail and institutional traders. Their forex offerings cover major, minor, and exotic currency pairs. Meanwhile, their CFD portfolio includes 28 stocks and indices from various global markets. Additionally, traders can access 4 precious metals including gold, silver, platinum, and palladium. This provides opportunities for portfolio diversification and hedging strategies.

  Leverage and Risk Management

  EGM Securities offers leverage up to 1:400. This represents competitive terms in the retail forex market. This high leverage availability allows traders to control larger positions with smaller capital requirements. However, it also increases both profit potential and risk exposure. The broker's non-dealing desk model ensures that leverage gets applied transparently without markup or manipulation of client positions.

  Cost Structure and Trading Conditions

  Specific details about spreads, commissions, and other trading costs are not fully detailed in available materials. The broker's non-dealing desk model typically implies competitive pricing through direct market access. This structure generally results in tighter spreads and more transparent pricing compared to dealing desk brokers who may mark up prices.

  Platform Technology and Access

  Available information does not specify the exact trading platforms offered by EGM Securities. Their technological infrastructure is supported by the broader Equiti Group's established systems. The focus on being Kenya's first non-dealing desk broker suggests emphasis on advanced execution technology and market connectivity.

  Geographic and service limitations are not clearly detailed in current documentation. The broker's primary focus appears to be serving the East African market while maintaining international connectivity through their parent group structure. Customer service language options and specific support channels are not detailed in available materials. These represent areas where potential clients should seek direct clarification from the broker.

  This egm securities review analysis reveals a broker with solid regulatory foundations and competitive core offerings. Some operational details require direct verification with the company for complete clarity.

  

Account Conditions Analysis

  EGM Securities' account structure information is not fully detailed in available public materials. This makes it challenging to provide specific analysis of account types, minimum deposit requirements, or specialized features. This lack of detailed account information represents a significant transparency gap that potential clients should address through direct inquiry with the broker.

  The absence of clearly published account tiers, deposit requirements, or special account features like Islamic accounts means that traders cannot easily compare EGM Securities' offerings with other brokers in the market. This limitation affects the broker's competitive positioning. Account conditions are typically among the first factors traders evaluate when selecting a broker.

  Without specific information about account opening procedures, verification requirements, or maintenance fees, potential clients must rely on direct communication with the broker to understand the full scope of account-related terms and conditions. This approach may deter some traders who prefer to research and compare options thoroughly before engaging with sales representatives.

  The regulatory framework provided by the Kenya Capital Markets Authority likely establishes minimum standards for account protection and client fund segregation. However, specific implementation details are not publicly available. This egm securities review highlights the need for greater transparency in account condition disclosure to help traders make informed decisions about broker selection.

  Industry best practices typically include clear publication of account types, minimum deposits, fees, and special features to enable informed decision-making. The absence of such information in readily accessible formats may indicate an area where EGM Securities could improve their market communication and client acquisition processes.

  

Tools and Resources Analysis

  The specific trading tools and resources offered by EGM Securities are not fully detailed in available documentation. This creates uncertainty about the broker's technological capabilities and trader support infrastructure. This information gap makes it difficult to assess how well the broker serves different trader segments or supports various trading strategies.

  Educational resources, market analysis tools, and research capabilities are not clearly outlined in accessible materials. For a broker that emphasizes financial education and literacy as part of their mission, this lack of detailed information about educational offerings represents a missed opportunity to showcase their value proposition to potential clients.

  Automated trading support, API access, and advanced charting capabilities are not specified in current documentation. These features are increasingly important for modern traders, particularly those using algorithmic strategies or requiring sophisticated technical analysis tools. The absence of clear information about such capabilities may limit the broker's appeal to more advanced trading segments.

  Risk management tools, position sizing calculators, and portfolio analysis features are not detailed in available materials. These tools are essential for responsible trading and risk management. Their availability and quality make them important factors in broker evaluation.

  The connection to the broader Equiti Group suggests potential access to established technological infrastructure and resources. However, specific details about how these capabilities are implemented at EGM Securities are not clearly communicated in public materials.

  

Customer Service and Support Analysis

  Customer service capabilities and support infrastructure details are not fully available in current documentation. This makes it difficult to evaluate EGM Securities' client support quality and accessibility. This information gap affects potential clients' ability to assess whether the broker can provide adequate support for their trading needs.

  Response times, available support channels, and service quality metrics are not specified in accessible materials. These factors are crucial for trader satisfaction, particularly during volatile market conditions when quick support access can be essential for position management and technical issue resolution.

  Multilingual support capabilities are not detailed. This is particularly relevant given the broker's operation in Kenya and potential service to diverse linguistic communities across East Africa. Clear communication in clients' preferred languages is essential for effective support delivery and regulatory compliance.

  Support hours and availability during different trading sessions are not specified. Given the global nature of forex markets, 24-hour or extended support availability is often expected by active traders who may need assistance outside standard business hours.

  The quality of technical support, account management services, and educational support is not documented in available materials. These service areas significantly impact trader experience and satisfaction. Their evaluation is important for complete broker assessment.

  

Trading Experience Analysis

  Platform stability, execution speed, and overall trading experience quality are not specifically documented in available materials. This makes it challenging to assess EGM Securities' performance in these critical areas. The broker's non-dealing desk model suggests a focus on execution quality, but specific performance metrics are not publicly available.

  Order execution quality, slippage rates, and fill ratios are not detailed in accessible documentation. These factors directly impact trading profitability and are essential considerations for serious traders evaluating broker options. The non-dealing desk structure typically implies better execution quality. However, specific performance data would strengthen this assessment.

  Platform functionality, available order types, and trading tools integration are not fully described. Modern traders require sophisticated platform capabilities including advanced charting, multiple order types, and integrated risk management tools. Without detailed platform information, traders cannot adequately assess whether the broker meets their technical requirements.

  Mobile trading capabilities and cross-platform synchronization are not specified in current documentation. Mobile trading has become essential for many traders. Platform accessibility across devices is a crucial factor in broker selection.

  The egm securities review framework reveals that while the broker's fundamental structure appears sound, detailed performance metrics and user experience data are not readily available for complete evaluation. This limitation may affect trader confidence and broker selection decisions.

  

Trust and Reliability Analysis

  EGM Securities demonstrates solid regulatory foundations through its oversight by the Kenya Capital Markets Authority. This provides essential client protections and operational standards. This regulatory relationship establishes a framework for responsible business conduct and client fund protection, contributing positively to the broker's trustworthiness profile.

  The broker's integration within the global Equiti Group provides additional credibility through association with established financial services operations across multiple regulated jurisdictions. This international connection suggests access to proven operational procedures and risk management frameworks that enhance overall reliability.

  Client fund safety measures are highlighted as a key feature of EGM Securities' operations. Regulatory protection ensures that trader funds are appropriately segregated and protected. This protection is fundamental to broker trustworthiness and provides essential peace of mind for traders considering the platform.

  The company's transparency regarding its regulatory status and group affiliations demonstrates a commitment to open communication about its operational structure. However, some operational details and performance metrics are not fully disclosed. This could be improved to enhance overall transparency.

  Industry reputation and third-party evaluations are not extensively documented in available materials. This makes it difficult to assess broader market perception of the broker's services and reliability. The absence of detailed track record information or industry recognition may affect some traders' confidence in the platform.

  

User Experience Analysis

  Overall user satisfaction data and complete experience metrics are not detailed in available documentation. This makes it challenging to assess how well EGM Securities serves its client base. This information gap affects potential clients' ability to understand what to expect from the broker's services.

  Interface design quality, platform usability, and navigation efficiency are not specifically described in accessible materials. These factors significantly impact daily trading experience and trader productivity. They are important considerations for broker evaluation.

  Account registration and verification processes are not detailed in current documentation. Smooth onboarding experiences are crucial for client satisfaction and regulatory compliance, particularly in emerging markets where documentation requirements may be complex.

  Funding and withdrawal experiences, including processing times and available methods, are not fully covered in available materials. These operational aspects directly affect trader convenience and satisfaction. Their quality is important for overall user experience assessment.

  Common user complaints or areas of concern are not documented in accessible sources. This limits insight into potential service weaknesses or areas requiring improvement. Balanced feedback from actual users would provide valuable perspective for prospective clients.

  The broker's target audience appears to include traders seeking flexible trading conditions and educational support. However, specific user profiles and satisfaction levels are not detailed in current documentation. This limitation affects the ability to determine whether the broker effectively serves its intended market segments.

  

Conclusion

  EGM Securities presents itself as a regulated forex broker with solid foundations in the Kenyan market. The company offers key advantages including high leverage up to 1:400 and client fund protection under regulatory oversight. As Kenya's first non-dealing desk forex broker and part of the international Equiti Group, the company demonstrates both innovation and established operational support.

  However, this egm securities review reveals significant limitations in publicly available information about account conditions, trading tools, customer support capabilities, and user experience metrics. These transparency gaps make it difficult for potential clients to conduct complete broker comparisons and may limit the broker's competitive positioning in the market.

  The broker appears most suitable for traders seeking regulated forex and CFD trading opportunities in the East African market, particularly those who value the non-dealing desk execution model and regulatory protection. However, traders requiring detailed information about account types, costs, platforms, and support services should engage directly with the broker to obtain complete details before making commitment decisions.

EGM Securities review