FXTM (Exinity) Kenya Review
Everything you need to know about FXTM operations in Kenya
Its difficult opening an account as the wait time is long, every step of the pricess they tell you to wait 24 hours liike really? I had to move to another broker
FXTM Kenya is a CMA Regulated Forex Broker that offers ECN Pricing on its MT4/5 Platforms
| 👨 Broker | Exinity |
| 👨 Trading Name | FXTM |
| 👨 Accepts Kenyan Traders | Yes |
| 📅 Year Founded | 2011 |
| ⚖ Regulators | CMA Kenya |
| 📈 Instruments | Forex, Commodities, Indices, Shares, ETFs |
| 🚀Leverage | 1:400 |
| 🔎Auditors | - |
| 💻 Platforms | MT4, MT5, FXTM Trader |
| 📋Account Types | Advantage, Advantage Plus |
| 💰 Minimum Deposit | $200 |
| 💱Base Currency | USD, GBP, EUR, NGN |
| 📞Live Support | 24/5 |
| 🏖️ Inactivity Fee | $10 |
Is FXTM Available in Kenya?
Yes, FXTM is available in Kenya. They are registered with the CMA as Exinity Capital East Africa LTD & have a physical office in Nairobi Kenya.
How Much is FXTM Minimum Deposit?
FXTM minimum deposit in Kenya is $200
Does FXTM Accept MPESA?
Yes, FXTM accepts MPESA as a means of deposit & withdrawal.
How Fast is FXTM Withdrawal?
FXTM MPESA withdrawals are instant, while Card, e-Wallet & Bank withdrawals take 24 hours,
How to use FXTM Pip Calculator
The FXTM Pip calculator tells you the amount you will profit or lose every time the price of the currency pair you're trading changes by 1 pip.
To get started you input some parameters including the lot size
you're trading.if you're trading 1 standard lot you simply enter "1" into the trade size box and set pip amount to "1" and the result is "$10".
This means you profit or lose $10 every time the price of the currency pair moves by 1 pip.
FXTM Account Types
Advantage Account
This account has zero spread & commission of $3.5 per lot traded on major forex pairs
Advantage Plus Account
This is a commission-free account but the spreads are higher starting from 1.5 pips.
FXTM Demo Account
This is an experimentation account for learning & here any profit/loss you make is not real.