egm Review
258
Review
Fast Facts
Account types
| Executive Account | Premiere Account | |
|---|---|---|
| Minimum Deposit | 15 USD | 100 USD |
| Maximum Leverage | 1:400 | |
| Spread from (pips) | ||
| Commission per lot (USD) | 7 | |
| Minimum Trade Size | 0.01 | |
| Step | ||
| Execution Type | ||
| Trading Instruments | Stocks, CFDs, Metals, Forex | |
| Margin Call | ||
| Stop out | 30% | |
| Swap Free | ||
| Currency | USD | USD, AED |
Deposits / Withdrawals
- Deposit Methods: MasterCard, Bank Wire Transfer, Visa, Skrill, Neteller
- Withdrawal Methods: MasterCard, Bank Wire Transfer, Visa, Skrill, Neteller
- Account Currencies: USD, AED
Contact Info and Support
12th floor, Tower 2, Delta Corner Towers, Waiyaki Way, Westlands, Nairobi
Traffic information
| Category | Metrics | Meaning |
|---|---|---|
| Ratings | Global Rank | 1874049 |
| Country Code | KE | |
| Country Rank | 7682 | |
| Category Rank | - | |
| Engagement metrics | Visits | 14590 |
| Bounce Rate | 0.9121 | |
| Pageviews per Visit | 1.16 | |
| Avg. Visit Duration | 9.14 | |
| Estimated monthly visits | September 2025 | 2529 |
| October 2025 | 2625 | |
| November 2025 | 14590 | |
| Top countries | Kenya (KE) | 100% |
| Traffic sources | Search | 51.1% |
| Direct | 24.51% | |
| Social | 13.9% | |
| Referrals | 8.38% | |
| Paid Referrals | 1.99% | |
| 0.12% | ||
| Top keywords | egm securities forex broker | 90 ◦ $90 |
| egm | 18230 ◦ $0.94 ◦ $10 | |
| fxpesa | 3090 ◦ $0.45 ◦ $0 | |
| egms | 1260 ◦ $3.32 ◦ $0 | |
| fxpesa demo account | 870 ◦ $0 |
About egm
EGM Securities Limited is licensed by Kenya’s Capital Markets Authority as a Non-Dealing Online Foreign Exchange Broker under licence number 107, and operates in Kenya under the trading name FXPesa. The CMA register lists EGM Securities Limited (Trading as “FX Pesa”) with website fxpesa.com, while the group also uses egmsecurities.com. EGM Securities describes itself as the first CMA‑licensed online forex broker in Kenya. CMA Official site
Live accounts offered in Kenya are Standard and Premier. Standard has no stated minimum deposit and typical spreads around 1.4 pips, while Premier requires deposits from USD 100 and charges US$3.5 per lot per side (US$7 round‑turn) with spreads from 0.0 pips. Accounts can be opened in USD or KES, and funding methods include bank transfer, cards, Skrill/Neteller and mobile money (M‑Pesa). For mobile money the minimum funding threshold is the equivalent of USD 5 (e.g., KES 800). Maximum leverage is up to 1:400 on FX and metals and up to 1:200 on indices. The stop‑out level is 30%. FXPesa — Accounts Commission policy
Trading is available on MT4, MT5, MQ WebTrader and the Equiti Trader mobile app. Hedging and scalping are permitted, and Expert Advisors are allowed on MT4/MT5. Swap‑free (Islamic) profiles are available on majors/minors and precious metals per the broker’s terms. The broker states that negative balances are reset to zero if an account goes below zero. Platforms Balance policy
Who it’s for
- Traders seeking a CMA‑authorised Kenyan broker (licence no. 107) with local support.
- Clients who prefer MT4/MT5 or a mobile app (Equiti Trader) with KES or USD account bases.
- Algorithmic and high‑frequency traders who need EAs, hedging and scalping enabled.
- Active traders who want 0.0‑pip pricing on a commission‑based Premier account.
Pros and cons
Pros
- CMA‑regulated entity: EGM Securities Limited (Trading as “FX Pesa”), licence no. 107.
- Multiple platforms (MT4, MT5, MQ WebTrader, Equiti Trader) and 24/6 support.
- USD and KES base currencies; local funding via M‑Pesa plus cards, bank and e‑wallets.
- Hedging, scalping and MT4/MT5 Expert Advisors allowed.
- Swap‑free profile available per stated conditions.
Cons
- Premier account adds commission (US$3.5 per lot per side) despite lower spreads.
- Leverage on indices capped at 1:200 versus 1:400 on FX/metals.
- Stop‑out set at 30% equity/margin.
