Forex Brokers with M-Pesa
Find below a list of Forex Brokers using M-Pesa (Forex Broker wanaoutumia M-Pesa) directly or with DusuPay or iPay Africa.
Some FX Brokers offer M-Pesa in a co-operation with DusuPay or iPay, which are payment providers in Africa. There is also a range of Mobile Money Payment alternatives as Airtel Money, MTN Mobile Money, Tigo Pesa as well with DusuPay or iPay. (Tickmill offers M-Pesa only in manual mode in a co-operation with DusuPay. Deposit and Withdraw are available but you have to send an email to the customer service and specify the deposit/withdrawal details)
| # | Broker | Popularity | Bonus | Min. Deposit |
ECN (min. deposit) | Leverage | 
| 
| 
| 
| |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | | $200 | $2000 | ≤1:10000 | Visit → | ||||||
| Exness is known for its transparency and unique trading conditions, such as instant withdrawals and flexible leverage. It offers stable spreads and specific account types with distinct margin features. Key features include tick history transparency, competitive transaction costs, and around-the-clock support. Designed for volume traders and those needing flexible margin conditions. | |||||||||||
| 2 | | $30 | $100 | $100 | ≤1:500 | Visit → | |||||
| Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders. | |||||||||||
| 3 | | $30 | $5 | ≤1:1000 | Visit → | ||||||
| XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders. | |||||||||||
| 4 | | $10 | $10 | ≤1:500 | Visit → | ||||||
| Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders. | |||||||||||
| 5 | | $10 | ≤1:1000 | Visit → | |||||||
| LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction. | |||||||||||
| 6 | | $50 | $10 | $10 | ≤1:2000 | Visit → | |||||
| FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility. | |||||||||||
| 7 | | $10 | $500 | ≤1:500 | Visit → | ||||||
| Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety. | |||||||||||
exness Exness is known for its transparency and unique trading conditions, such as instant withdrawals and flexible leverage. It offers stable spreads and specific account types with distinct margin features. Key features include tick history transparency, competitive transaction costs, and around-the-clock support. Designed for volume traders and those needing flexible margin conditions.
| Popularity | |
|---|---|
| Min. Deposit | $200 |
| ECN (min. deposit) | $2000 |
| Leverage | ≤1:10000 |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
tickmill Tickmill is a broker focused on keeping trading costs low. It offers competitive spreads and commissions. Key highlights include no requotes and allowance of all strategies including scalping. Essential for cost-conscious and professional traders.
| Popularity | |
|---|---|
| Min. Deposit | $100 |
| ECN (min. deposit) | $100 |
| Leverage | ≤1:500 |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $30 → |
XM XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders.
| Popularity | |
|---|---|
| Min. Deposit | $5 |
| ECN | |
| Leverage | ≤1:1000 |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $30 → |
Pepperstone is an Australian broker known for its competitive accounts and fast execution. It integrates with various advanced charting and trading platforms. Key features include institutional-grade spreads and no dealing desk intervention. A standard for scalpers and tech-savvy traders.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $10 |
| Leverage | ≤1:500 |
|
Platforms
✓
TradingView
✓
MetaTrader 4
✓
cTrader
✓
MetaTrader 5 | |
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN | |
| Leverage | ≤1:1000 |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $10 |
| Leverage | ≤1:2000 |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
| No Deposit Bonus | $50 → |
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety.
| Popularity | |
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $500 |
| Leverage | ≤1:500 |
|
Platforms
✗
TradingView
✓
MetaTrader 4
✗
cTrader
✓
MetaTrader 5 | |
M-Pesa is a mobile banking service in Kenya, Tanzania, and other African countries. It allows users to deposit, withdraw, and transfer money using their mobile phones. The service is provided by Safaricom, a leading mobile network operator in Kenya, and Vodacom, a mobile network operator in Tanzania. M-Pesa also allows users to pay for goods and services, pay bills, and access other financial services such as loans and savings.
