FXPesa Minimum Deposit in Kenya
For Kenyan Traders
| FXPesa Minimum Deposit | USD 0 |
|---|---|
| Deposit Methods | Credit/Debit Card,Local Bank Transfer,e-Wallets |
| Account Types | Premium Account,Pro Account |
| Deposit Fees | No fees |
| Account Base Currencies | USD |
| Withdrawal Fees | No fees |
| 💰 Minimum Deposit | $0 |
| 🏧 Minimum Withdrawal | $0 |
| 💱Base currency | KES, USD |
| 💨Fastest Deposit Method | MPESA |
| 🏦Deposit Fees | $0 |
| 🎁Deposit Bonus | Yes |
| 🐷Online Wallet System | No, deposits go straight into your trading account |
Minimum Deposit for FXPesa
The minimum deposit for FXPesa is $0 so you can deposit any amount you wish into your Standard Account.
However, if you opt for the Premier Account where you get lower spreads from 0.0 pips, the minimum deposit for FXPesa elevates to $100
Is FXPesa Legit To Hold My Funds?
Yes, FXPesa in Kenya is totally legit because they are regulated by the Capital Markets Authority (CMA) here in Kenya.
FXPesa is owned by the Equiti Group who are an international finance company who own other forex brokerages & who are regulated by the FCA UK.
MPesa is the Fastest Deposit Method at FXPesa
The fastest way to fund your FXPesa trading account is through MPesa because the deposit is free and reflects instantly.
Card Deposits at FXPesa Are Instant But Withdrawals Arent
You can also fund your FXPesa trading account using a MasterCard or Visa Card.
However, when it is time to withdraw you may face a long waiting time because FXPesa card withdrawals take as long as 15 working days.
Bank Deposits at FXPesa Can Take Up to 5 Days
You can fund your FXPesa trading account through your local Kenyan banks & the deposits can take between 1 - 5 days to complete.
Bank withdrawals take between 1 - 2 days for local Kenyan banks, while international bank withdrawals can take up to 5 days.
No Deposit Fees At FXPesa
FXPesa does not charge fees for deposits, but withdrawals by International Bank wire will attract a $15 withdrawal fee.