Forex Brokers that Accept M-Pesa

4.1 / 5

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Trading Forex/CFDs on margin carries a high level of risk.

4xc.com is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. 4XC accepts all trading styles and Expert Advisors on MT4/5.

• Likes
• Enjoy flexible leverage up to 1:500.
• Choose between MetaTrader 4 and 5.
• All trading styles and Expert Advisors are allowed.
• Fast execution speeds from its London data-centre.

• Dislikes
• Negative balance protection is only available across Forex and precious metals.
• 4XC is regulated in the Cook Islands, a country without an investor compensation fund.

Our take on 4XC

From the outset, 4XC has offered high leverage (up to 1:500) across Forex, gold and silver. It accepts all trading styles on MT4/5 without restrictions. Alternatively, you may open a PAMM account or a copy trading account.

Its customer service agents, available 6 days a week, have always been friendly and professional. So it's perhaps no surprise that 4XC has received several awards commending the quality of its customer service team.

Overall, we would recommend 4XC to anyone looking for a trustworthy broker, especially if you are primarily interest in trading Forex or precious metals on high leverage.

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4XC

You can fund your 4XC account 24 hours a day, 7 days a week. When you fund your account through M-Pesa, 4XC will instantly credit your balance. In comparison, it can take anywhere between 2 and 3 business days for bank transfers to complete. 4xc.com and Pepperstone.com are the only brokers in our panel to accept deposits through M-Pesa.

At the time of writing, 4XC will credit your first deposit with a 50% bonus (capped at US$ 2,500) when you deposit through M-Pesa. This offer is only available to new customers who have a Kenyan phone number. Enquire about the bonus through 4xc.com.

Please note that a flat 35 KES fee applies for deposits up to 1,500 KES. A 2.9% fee applies when you deposit over 1,500 KES.

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About the author

I'm Stéphane, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.