FXPesa

Is FXPesa safe and legit？ Full review

FXPesa is a Kenya-based broker regulated by The Capital Markets Authority (CMA), established in 2018. It offers two account types, Standard and Premier, with a maximum leverage of up to 1:400 and support for lock-up positions, scalping, and EA trading. Its influence rating is B, with an average influence index of 6.19, and its influence is mainly distributed across the United Arab Emirates, Argentina, Austria, Canada, Germany, France, the United Kingdom, Indonesia, India, and Japan. Customer service supports eight languages and can be reached by phone, email, and social platforms, though response times may be lengthy. Among its advantages are CMA regulation, multiple account types, and a long establishment history, while disadvantages include multiple disclosures and slow customer support responses.

Basic Information

Regulatory Compliance and Security

FXPesa is regulated by The Capital Markets Authority (CMA) in Kenya. The regulatory status is fully compliant, and the safety level is Level 1.

Account Type

FXPesa offers 2 types of accounts:

Both account types support lock-up positions, scalping, and EA trading.

Customer Service

FXPesa's customer service supports eight languages and covers one major service region. Clients can reach the broker through phone, email, instant messaging apps, and social platforms, though response times may be lengthy.

Influence

FXPesa has an influence rating of B, with an average influence index of 6.19. Its influence is mainly distributed in the United Arab Emirates, Argentina, Austria, Canada, Germany, France, the United Kingdom, Indonesia, India, and Japan.