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FXPesa vs Plus500: licences, costs and platforms
Facts from both companies’ official pages and regulators’ registers, side by side. We show what the numbers say; the choice is yours.
Facts verified on October 7, 2026
Key differences
- Only FXPesa is licensed by CMA (Kenya).
- Only Plus500 is licensed by FSA, CMA (UAE), FSCA, ASIC, CySEC, FCA, and SCB.
- Only FXPesa offers MetaTrader 4, MetaTrader 5, and Equiti Trader.
- Only Plus500 offers Plus500 platform.
- Only FXPesa supports M-Pesa, EazzyPay, Mobile Money (MTN MoMo, Orange Money), Skrill, Neteller, Visa / Mastercard, Bank transfer, Airtel Money, and MTN Mobile Money (MoMo) for deposits and withdrawals.
- Users of other platforms rate FXPesa higher: 5.0/5, against 4.3/5 for Plus500.
Side by side
| Criterion | FXPesa | Plus500 |
|---|---|---|
| Rating | ||
| Rating on other platforms | 5.0/5 (3.7K) | 4.3/5 (134.8K) |
| Regulators | CMA (Kenya) | FSA, CMA (UAE), FSCA, ASIC, CySEC, FCA, SCB |
| Minimum deposit | No minimum | — |
| Account types | Standard, Premier | CFD account |
| Commission per lot (raw spread account) | $7 | — |
| Platforms | MetaTrader 4, MetaTrader 5, Equiti Trader | Plus500 platform |
| Maximum leverage | up to 1:400 (CMA (Kenya)) | — |
| Swap-free (Islamic) account | On request | — |
| Deposit and withdrawal methods | M-Pesa (Kenya), EazzyPay (Kenya), Mobile Money (MTN MoMo, Orange Money; Kenya, Uganda, Tanzania), Skrill, Neteller, Visa / Mastercard, Bank transfer, Airtel Money (Kenya, Uganda, Tanzania), MTN Mobile Money (MoMo; Uganda) | — |
| Retail CFD accounts losing money | 80% | — |
| Not available in | 4 countries | — |
| Founded | — | — |
| Headquarters | Kenya | — |
| Read review | Read review |
Frequently asked questions
Which regulators license FXPesa and Plus500?
FXPesa is licensed by CMA (Kenya); Plus500 by FSA, CMA (UAE), FSCA, ASIC, CySEC, FCA, and SCB.
Which trading platforms do FXPesa and Plus500 offer?
They offer no platform in common. Only FXPesa offers MetaTrader 4, MetaTrader 5, and Equiti Trader. Only Plus500 offers Plus500 platform.
How are FXPesa and Plus500 rated on other platforms?
FXPesa: 5.0/5 (3.7K); Plus500: 4.3/5 (134.8K). These are ratings by app store and TradingView users, not a Wealth.cat score.
Full reviews
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