Despite being the #3 CMA licensed forex broker in Kenya, Pepperstone does not offer Mpesa deposits and withdrawals. Again here, Pepperstone Islamic accounts are available to anyone who requires them. This is a plus, as some CFD brokers require a minimum of $2,000. Pepperstone's minimum deposit requires USD 200 only, and they do not charge commissions to deposit. All you have to do is contact the Pepperstone support team to approve your request. Both new and experienced traders will be able to experience Pepperstone’s range of trading features plus their award-winning education tools. Good luck and trade safely. This means that you can deposit a modest amount to try out their trading platforms, products and services. Pepperstone is regulated by ASIC 223682, BaFin 151148, Capital Markets Authority of Kenya 128, CySEC 388/20 and DFSA (Dubai) F004356. Beyond the required minimum deposit, there are a couple of other factors to consider when you are about to open an account at Pepperstone. Here are the main pros and cons when it comes to depositing at Pepperstone: Pepperstone Kenya is the trading name for Pepperstone Markets, a forex brokerage company that was founded in 2010. The broker offers 2 trading account types– the Razor account and the Standard account.. As evident, the different group entities of Pepperstone are well-regulated. Spreads start at 0.0 pips on its Razor Account, and Pepperstone allows hedging and scalping. The minimum deposit here is $5 again, although a fee may be applied. This one is going to be one long review article. Pepperstone is a regulated Australian online Forex and CFD broker, although their platform is available to residents of many countries globally.. See: How to Choose a Forex Broker in Kenya. With that said, these options are only open to you if based outside of Europe. Our newly launched Premiere account allows you to trade from ZERO spreads. It shall not be intended as operational advice for investments, nor as an invitation to public savings raising. Get in touch via email, phone or live chat below. Pepperstone minimum deposit is $200. Pepperstone Bonus To Refer A Friend You can also take advantage of the refer a friend program, rewarding you with $100 for every user you refer who deposits a minimum of $1000 USD and trades a minimum of 5 lots. Again these will depend on where you are based. FxPesa only offers the Metatrader 4 and their proprietary FxPesa Webtrader platforms. Money transfers with Pepperstone are not liable for fees, as long as the currency matches the one of your trading account. The Pepperstone base currency depends on the regulation of the region you are trading within. The official Pepperstone minimum deposit is $0, though the broker recommends its customers to deposit at least $200 or the equivalent in their account currency to open a live account. but clients are welcome to deposit even less than this. No, Pepperstone does not accept M-Pesa as a method to fund your account. Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. If you are interested in spread betting and would like to learn more, we have written a very useful uk spread betting forex brokers top ten, which highlights the brokers that are the best for spread betting and provides you with all the additional information you may need to get started. If you are outside Europe then eWallet methods like PayPal, Neteller, Union Pay, Skrill, BPay and POLi are also available. Among the 3 brokers legally operating in the country, FxPesa is our number one recommendation. A low minimum deposit of $200; Headquartered in Melbourne, Australia, Pepperstone is a multi-regulated broker licensed to provide Kenyan traders access to the forex market. However, clients are welcome to deposit less than this. Pepperstone withdrawal review Base account currencies. Pepperstone’s minimum deposit amount is a good deal for you as a trader. Your capital is at risk. Research tools are average. Here in the table below, we compared Pepperstone with two other trustworthy brokers for you to take a look at. Pepperstone require a minimum desposit of 200 GBP/USD when opening an Pepperstone trading account. Pepperstone offers a wide range of payment methods to make it easier for its clients to deposit and withdraw funds quickly and easily. FxPesa by EGM Securities and Scope Markets Kenya were the first two forex brokers to get licensing from the CMA in Kenya. Withdrawals What is more, Pepperstone does not charge any internal fees for deposits or withdrawals , however, international bank institutions may attract fees from either party which will be referred to the client. These pales in comparison to Pepperstone who offers the innovative cTrader platform in addition to MetaTrader 4 and 5. : Find Out in Our Detailed Review, TemplerFx Review – The Most Detailed Review for Kenyans, FXPesa Review – Is FXPesa A Legit Forex Broker. The minimum deposit amount is as low as 200$ for any account type of your choice. For now, your best bet would be to trade with one of the forex brokers that accept Mpesa. The minimum deposit on this type of account is $200. What is the Pepperstone Minimum Deposit. We analyzed the minimum deposit for Peppersone, spreads, ease of registration, Pepperstone deposit and withdrawal methods, speed of execution, customer support, among many other things. Spread betting with Pepperstone you will find the spread remains very competitive starting from 0 pips and you will have an excellent range of more than 180 assets to spread bet on. You are using an outdated browser. Download this free eBook to learn how succeed with forex using the power of your mind. What's Pepperstone's Minimum Deposit in Kenya? Please enable JavaScript to view this page. The company recommends that traders start with at least $200 (20,000 KES). Through phone calls or online chat on their website, www.fxpesa.com, they, will take you through the whole process of creating your account, funding it using Mpesa, and they even have an online academy where they teach new traders some of the most profitable trading strategies in existence…. Money transfers with Pepperstone are not liable for fees, as long as the currency matches the one of your trading account. Is Pepperstone regulated? The minimum deposit needed for a Standard account is $100 and spread starts from 1.5 pips for EUR/USD but there are no commissions on the standard account. There are multiple ways to make your Pepperstone deposit. Pepperstone Review – Minimum Deposit, Demo and Broker Review . ... Pepperstone Markets Kenya Limited: All other clients: Kenya Forex Firm is a forex trading and training company based in Nairobi Kenya. The minimum deposit on these accounts is also $200 with the equivalent in your chosen base currency also acceptable. A minimum deposit is the minimum amount of money required by Pepperstone to open a new online brokerage account with them. So, if you don’t mind, head over to Pepperstone already and grab yourself a demo account, then come back and follow along with us as we lay bare everything you need to know about Pepperstone in Kenya. Copyright © 2020 InvestinGoal.com – All rights reserved. You can deposit into your trading account in one of the following currencies: Euro, AUD, USD, NZD, CHF, GBP, JPY, SGD and HKD. At this time, Pepperstone bonus amounts are not available to any traders under CySEC and FCA regulation due to the strict rules which they impose to ensure best practice. It is almost unbelievable that the broker is yet to start accepting Mpesa deposits and withdrawals. This method is available worldwide regardless of your account location. The present page is intended for teaching purposes only. Since our inception in 2014, we’ve trained more than 1000 students who’ve gone on to become successful forex traders in Kenya. Minimum first deposit is currently $200 or its equivalent in other currencies. Account opening process is fast, with no minimum deposit requirement. With that said,  you can find a good amount of other funding methods you can choose from. Though we may receive a commission from brokers we feature, this does not impact the results of our reviews or rankings which are conducted with complete independence and objectivity, following our own impartial methodology. Required fields are marked *. You are Here: Home » Forex Brokers » Pepperstone Kenya Review. Yes, you heard that right! Deposit methods available. This fee which may be applied depends on your country from which you are trading, so you could be trading from a place with no fees or you may incur one. Can I withdraw any amount? Account types. This goes to show the level of commitment to excellence that Pepperstone puts into their work. The broker charges $0 fees for a deposit and withdrawal, the process is instant and in some rare cases can take up to 3 working days. FXPesa does offer local funding and withdrawal methods. Help us continue to provide the best free broker reviews by opening your account with our links. Pepperstone Markets Kenya Limited 2nd Floor, The Oval, Ring Road Parklands, PO Box 2905-00606 Nairobi, Kenya and is licensed and regulated by the Capital Markets Authority. However, clients are welcome to deposit less than this.” Our review team contacted Pepperstone directly and using the handy Live Chat tool, which established: “We do not enforce a minimum deposit… it is up to you how much you would like to deposit.” Pepperstone have a minimum deposit requirement of just $200. Learn more here. On October 26, 2020, Pepperstone Kenya officially launched its operations in Kenya, and became the 3rd CMA licensed and regulated forex broker in the Kenya. Either way, the fee which you do incur will be a small one, and not enough to discourage trading or deposit with credit cards. To have a clearer picture on the matter, we created a very helpful post which you should take a look at, our PayPal forex brokers top 10. Let’s take a look at the Pepperstone deposit methods you have at your disposal: Pepperstone deposit by bank transfer is of course possible. What’s the minimum deposit for a live account? ADVERTISER DISCLOSURE: InvestinGoal is completely free to use for all. Your email address will not be published. Pepperstone Minimum Deposit. AUD, USD, JPY, GBP, EUR, CAD, CHF, NZD, SGD, HKD, USD, EUR, GBP, AUD, NZD, SGD, JPY, CAD, CHF, HKD, USD, EUR, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON, SEK, NOK, Regulated: FCA, ASIC, DFSA, CYSEC, CMA, SCB. That’s a solid ten years of offering cutting edge financial services to traders all over the world. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. However, fees on withdrawals may be applicable based on the method. If you’re interested to go deeper into the bonus topic, you can read our forex broker bonus promotions review. The recommended minimum deposit to trade with Pepperstone is £500 or equivalent. Scope Markets only offers Metatrader 5 platform. Pepperstone is a great CFD and Forex broker. A regulated broker equals a more responsible trading environment. Pepperstone Kenya Minimum Deposit The minimum deposit at Pepperstone Kenya depends on the account type. This includes overseas withdrawal fees for withdrawal through bank transfer or wire. The Forex market in Kenya is primarily regulated by the Capital Markets Authority (CMA), while the Central Bank of Kenya may introduce regulation for the CMA to enforce. Pepperstone Markets Limited, regulated by SCB in Bahamas offers a leverage up to 400:1, while Pepperstone Markets Kenya Limited, ... Pepperstone has a minimum deposit requirement of $200 (or equivalent) across all accounts. Again, the minimum deposit for these methods is $5. The minimum deposit into your Pepperstone trading account is not too high. The minimum deposit amount of AUUS Dollar 200 when registering a live account is equivalent to ZAR2,312.12 at the current exchange rate between the Australian Dollar and South African Rand on the day and at the time that this article was written. but clients are welcome to deposit even less than this. Between 74-89% of retail investor accounts lose money when trading CFDs. Customer service is good but lacks 24/7 support. We also provide reliable forex signals as a paid service. CMA licensed and regulated forex broker in the Kenya, Click here for the official FxPesa website, 7 Unbelievably Best Forex Trading Apps in Kenya, Exness Review – Detailed & Unbiased Exness Broker Review in Kenya, Is HotForex A Good Forex Broker for Kenyans? The company recommends that traders start with at least $200 (20,000 KES). It is in your best interest to make sure what is available from your broker fits your needs. The speculative activity in forex market, as well as in other markets, implies considerable economic risks; anyone who carries out speculative activity does it on its own responsibility. If you are a Pepperstone standard account holder then you will know that these account types are available to all traders worldwide. These deposits again are available worldwide. Holders of Razor accounts can benefit from an even more competitive low pepperstone spread although commissions are added to trades on this account which can be high depending on your trading patterns and plans. These extra options include JPY, AUD, CAD, NZD, SGD, and Hong Kong Dollar based on your location. Pepperstone Kenya (Africa) From February 2020, they have a license from CMA(Kenya) thought their company Pepperstone Markets Kenya Limited. If that is the case then you will have the choice between PayPal, Neteller, and Skrill to make your deposit based on area. The starting capital in Pepperstone is $200. Designed to suit your trading needs with access to more than 200 products. Both accounts have similarities and differences, but they both have the same minimum deposit amount.. Any real or simulated result shall represent no warranty as to possible future performances. Before proceeding, If you want to take an in-depth look at the broker, please check our Pepperstone review in case you haven’t already done so. What though is the Pepperstone minimum deposit, and what funding methods are available? If you want to cover more details about the offer of accounts provided by the broker, please check our Pepperstone account types article. This should be known from your registration process. Does Pepperstone charge withdrawal fees? ... Pepperstone Markets Kenya Limited: Is Pepperstone safe? Pepperstone is one of only 3 brokers and the only international forex broker to hold a non-dealing Foreign Exchange Broker licence with the Capital Markets Authority of Kenya (CMA). The equivalent amount in your base currency is also accepted. There are a few reasons why we have consistently ranked FxPesa as the #1 forex broker in Kenya, to start with, their customer support is very efficient. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. Since its foundation, Pepperstone has won numerous industry awards from reputable organizations such as Deloitte and and Investment Trends. Pepperstone, an international, reliable, low-cost and robust trading platform, provides you with live access to FX markets, quickly and straightforwardly. The time it takes to make your Pepperstone withdrawal depends on the withdrawal method you choose. Compared to FxPesa and Scope Markets, Pepperstone is way ahead in terms of the trading platforms available for forex traders in Kenya. However, Pepperstone does not typically tend to offer trader bonuses and there are currently none available to any traders. You should consider whether you can afford to take the high risk of losing your money. When it comes to trading on the Pepperstone standard account, the spreads available are also the standard competitive spread which is available to all Pepperstone traders. This is well in line with the average minimum deposit for a … Autochartist identifies numerous high probability trading opportunities, which is something a lot of beginner forex traders will appreciate. Pepperstone Markets Kenya Limited is registered at 2nd Floor, The Oval, Ring Road Parklands, Nairobi, Kenya and is licensed and regulated by the Capital Markets Authority, Licence No 128. Pepperstone only allows you to withdraw 90% of your free margin, when you still have open trades. Your email address will not be published. The minimum deposit at Pepperstone Kenya depends on the account type. Our goal here is to discuss the 3rd CMA licensed forex broker, Pepperstone Kenya. The Pepperstone spread betting account is currently available to UK and Irish traders only. However, there is something to note here. While the ECN Zero MT4 & MT5 requires a deposit of $200 which has commissions of $4 per lot on ECN MT4 and ECN MT5 Accounts. Please read our. With this guide, you will get to know exactly which currencies are available as well as the Pepperstone broker minimum deposit based on your funding method and account type. Many can be completed very quickly within a couple of days though a bank wire transfer can take 3-5 working days to reach your account. The difference is that more base currency options will open to you if you are based under the global market regulation. 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