Recalculated 2026-11-02 · Established 2008 · EGM Securities Ltd
Equiti — Kenya
Equiti is rated 3.52 out of 5 by our formula (Rank #7 of 36) for traders in Kenya: round turn 7 USD, residents accepted — Yes.
Suits you if you can open with 5 USD · it takes residents of Kenya · a swap-free account is available
Key facts (8)
- Who actually onboards you
- EGM Securities Ltd
- Licence number
- 107
- Established
- 2008group
- Min deposit, USD
- 5.0 USDgeo
- Platforms
- MT4 · MT5 · Equiti Trader app
- Local funding
- M-Pesa and mobile money, cards, bank transfer, e
- Max leverage
- 400geo
- EURUSD
- 1.4 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the Kenya middle (37 of 56)
| Equiti | Kenya median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 5.0 USDgeo | 25.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1-3 working daysgroup | 48.0 h |
| EURUSD, standard | 1.4 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2008group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in Kenya
Locally CMA-regulated; first non-dealing online FX broker licensed by CMA Kenya.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Equiti.
- Who actually onboards you
- EGM Securities Ltd
- Licence number
- 107
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 2.50+ 20.0% × 4.50+ 20.0% × 5.00+ 15.0% × 2.00+ 10.0% × 4.50+ 10.0% × 2.50= 3.52
Ranked against brokers measured on every axis
Licence check
- Licence number
- 107
- Checked
- 2026-07-09
Who actually onboards you
EGM Securities Ltd
Locally licensed entity
EGM Securities Ltd (Equiti group), trading locally as FXPesa, Nairobi.
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Classic (no min), Standard (from $30), Premier (from $100).
How long a withdrawal takes
Platforms and markets (3)
MT4 · MT5 · Equiti Trader app
FX, indices, commodities, metals (CFDs).
The public rating
Equiti Reviews 281
Upsides and the things that are missing
Pros (2)
- Licensed locally: 107
- Swap-free account available
Cons (1)
- Round turn 7.0 USD against a Kenya median of 7.0
Where else a Kenya resident can go (6)
Where it does not serve
Afghanistan, Bahamas, Belarus, Belgium, Burundi, Bulgaria, Central African Republic, Croatia, Congo Rep., Cote d’Ivoire, Crimea Region, Cuba, Democratic Republic of the Congo, Eritrea, Guinea-Bissau, Haiti, Iran, Korea, North, Libya, Mozambique, Myanmar, Namibia, New Zealand, Nicaragua, Panama, Philippines, Somalia, South Sudan, Spain, Sudan, Syria, Turkmenistan, United States Minor Outlying Islan
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1cma.or.kecma.or.ke · domainRegister
- Aggregators and directories
- 2egmsecurities.comegmsecurities.com · domainAggregator
- 3fxpesa.comfxpesa.com · domainAggregator
FAQ (5)
Does Equiti accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of Equiti?
EGM Securities Ltd
What licence does Equiti hold for Kenya?
Licence 107.
What does one EURUSD lot cost at Equiti?
7.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Equiti take?
Equiti publishes 1-3 working days. Their own wording: “take 1-3 working days for processing”.