FXPesa Review: Atrocious Forex Scam

× Alert!
  • - Can't withdraw your funds from this fraudulent company or broker?
  • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
  • - Or is there an excessive delay in processing your withdrawal?
  • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?

It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:

Fill out the form below to recover your lost funds from this scam company

FXPesa Review: Atrocious Forex Scam

FXPesa ( is a CFDs and Forex scam broker intending to steal funds deposited by investors. FX Pesa is another rotten Forex brokerage firm to hit the lucrative Forex trading world. With claims of offering $150 welcome bonus, it’s no wonder investors have fallen for their trap. Promises used to entice users include having extremely low entry point to taking full control. Read this detailed FXPESA review and know more.

FXPesa Review

For a safe and easy trading experience, always sign up with creditable and well known Forex experts. Match the quality and results with excellent and worthy Forex professionals who are esteemed. Sign up with Forex brokers who are Dependable and Trustworthy at all times. Ensure you always have the right trading partners with you. Go for Forex brokers who are above board in all their dealings. Above board Forex brokers will deliver desired trading results.

FXPesa Review:

An offshore broker cannot be trusted with funds and FXPesa is a good example. Newton signed up with this broker and deposited $5,000 in order to start trading. After depositing, he was left to trade alone and made losses of $2,000. He decided to call it quits and asked the firm to release his funds. Even today, Newton is still asking for his remaining balance of $3,000. FX Pesa is refusing to give Newton funds and has completely ignored his pleas.

An investigation was underway to determine what made FX Pesa make this rash decision. Newton claims that their Support team has ignored him and cancelled his trading account. He has no access to his trading account and thus, can’t trade with this broker. What we have found out is Newton is not alone. Hundreds of complaints have been sent to us by other traders who are facing the same problem. This proves that FXPesa is up to no good, they are stealing funds.

Who is the Owner of FXPesa?

Disclaimer at the footer of their homepage claims EMG Securities is the company behind FX Pesa. Based in Nairobi, Kenya EMG Securities has adamantly refused to be part of FX Pesa. On a statement released on their website, EMG Securities has warned investors from signing up with FX Pesa. This broker has been using the company’s name to lure investors to sign up. FXPesa is trying to legitimize themselves by using a company registered by local market authorities.

It’s always safe to sign up with industry approved brokers who are dully recognized by authorities. FXPesa is a fraudulent broker who will do or say anything to lure investors into signing up. Another disturbing detail we noticed with this broker is how well they have remained anonymous. No one can tell who is actually running this site or the real owners. This could as well be a front for financing the next terrorist attack. Investors have been warned.

👉 Are you looking for a Forex Robot that offers realistic returns even when the markets are volatile or down? Golden Pickaxe is the BEST Forex robot using low risk and EARNING a whopping 47.93% monthly profit margin. You get a robot offering the best in terms of safety and guaranteed profits no matter the risks. A gold-driven EA robot, the robot was created and developed over ten years. It has the pedigree to offer gold traders a profitable all-year-long profit regardless of market conditions. We have tested the platform, and it has seen remarkable profit margins for the past 15 months. The well-known trader developer (Valeriia), put the robot out there for any trader to confirm its realistic profitability. And the robot was tested and seen to be even better than what we thought was the best, Waka Waka. Golden Pickaxe is now one of the best-proven forex robots that offer profitable outcomes, and all data are third-party verified independently via Myfxbook. The balance volume for Golden Pickaxe is there for anyone to see. And that means you get a transparent Forex robot guaranteeing results. Even when facing drawbacks of 37.47%, the robot balances the profits. With an automated trading robot, you can receive near-perfect signals for trading gold. And that’s what every trader needs when investing in Gold. So what are you waiting for? We have tested the robot and Guarantee it’s a perfect match for you. Start earning realistic profit margins from forex trading with a LOW-RISK thanks to Golden Pickaxe. We have been using it even when the gold market was risky. Thanks to this automated forex robot, you can earn 47.93% ROI or more per month consistently. Complete beginners to Forex can start and immediately start earning a stable and reliable income with it.  What's more? You don’t even have to deposit funds with your broker when using the Golden Pickaxe robot. Just register with a Broker such as IC Markets or Coinexx (for US-based traders); there’s no need to deposit your real funds with them. Instead, use the Golden Pickaxe robot to pass a funded account challenge on FTMO. No worries, it’s very easy to pass once you install the EA. Once you pass the challenge, FTMO funds your account with real live funds depending on the challenge you passed, then you can simply carry on trading with the EA on the live account and request payouts monthly whenever you want to withdraw your profits. All challenges and trading are done automatically by the Golden Pickaxe robot, so you don't have to worry. Or... if you don't like the idea of a trading challenge/evaluation, you can simply buy a cheap funded account with prop firms we recommend like FundYourFx, get instant funding of a real account, then start using the robot to trade, profit and make weekly withdrawals, very easy. If you have any questions or want help with the setup, head over to our live chat and ask for Corey Woods. Corey will help you with any issues, problems, or initial setup along the way. Here’s your chance to start trading Gold and earn with an AUTHENTIC, PROVEN, AND SAFE Forex Robot. Sign up today for a chance to get a reliable side income with GOLDEN PICKAXE. Click the button below to buy the EA, then contact me on live chat if you need any help setting up the whole thing.

Click Here To Buy Now

Is FXPesa Licensed or Registered?

FXPesa Broker

Claims that FXPesa has been licensed by the Capital Markets Authority of Kenya are unfounded. A search done on their homepage reveals that there’s no broker registered under that name. A list of licensed brokers clearly shows no information regarding FX Pesa. And this is proof this broker is creating a fake profile. Beware of fake brokers who have no license and still ask for deposits. FX Pesa will shut down without warning and leave with your funds.

FXPesa website does not have a documentation page where users can verify licensing and registration claims. Why would a broker fail to issue their licensing and registration documents? Reason is this broker has no licensing and registration certificates to show. What this means is FXPesa is transacting Forex business illegally. Relevant authorities should look into this broker and shut their operations down. This is the only way to protect investors from this broker.

Demo Account.

Users are enticed to use a rigged demo account for hidden reasons. Exposing why this broker is using a rigged demo account will help open investors eyes. A rigged demo account is meant to trick investors into believing they can make real money. 95% of trades with their demo account are rigged to produce winning results.

Depositing money with a real account in order to start trading is the last thing anyone would try to do. Brokers who rig their demo account have one thing in common, they are scammers. This is a well-known scam tactic that professional scam artists use. Ensure you always check trades made fall into the realistic realm.

Make money the right way using solid and steady Forex trading tools. Use unwavering and responsible Forex trading tools that are well founded. Sign up with Transparent and Trusted Forex trading robots used by industry leading traders. Start making money the right way with the right Forex trading robots. Make the decision today and start making money!

Platforms Used.

FXPesa has three different platforms users can choose from. These platforms include mobile, trader, and MyFXPesa platform. What we did to test these platforms was to download their platform on our devices. And this is where we faced our next hurdle with this broker. Download stalled at around 25% which means we are dealing with an unstable platform. An unstable platform is bad news for any investor using it. Read on to find the reason why.

Information such as Credit card details and personal identity can be retrieved using unstable platforms. Hackers have been stealing personal data from traders using unstable platforms. This isn’t the first time traders find themselves in a fix after their bank accounts have been swiped clean. Ensure you stay away from any of their platforms due to security hazards they pose.

Are Funds Safe with FXPesa?

FXPesa Broker Review

Where does FX Pesa bank money deposited by users? Why has this platform failed to post legal documents to prove their authenticity? An investigation reveals investors could be depositing funds straight to owner’s personal account. Stay away from this broker.

When it comes to segregation of accounts, this broker does not plan to do this. And this is an extremely dangerous practice from any broker. What this means is FXPesa is pooling funds in one account. Users should not expect any compensation from this broker, not even a penny. This broker does not take part in a compensatory scheme.

Bot Chat Service.

Another disturbing detail with this broker is lack of a professional chat service. Bot service does not fully answer questions set. Ensure you stay clear of this broker.

Is FXPesa a Scam?

Mark all their emails as Spam and never click on any links sent by their marketing team. Warn your family and friends from signing up with this illicit broker. Hackers are using these links to steal personal data from PCs. And this is where we draw the line with FX Pesa and its fake brokerage services.


FXPesa Scam Review

Evidence gathered leaves us with no other option but to classify FX Pesa as a scam. Adding this broker to our scam list will hopefully make authorities to investigate this broker. All investors know have necessary information regarding this broker. Stay away from it and never deposit any funds with them.

How about making money with Tested and Transparency Crypto Currency trading robots? Prestigious and Respectable Crypto trading tools will take your trading to the next level. Sign up with Worthy and Upright tools that are Reliable at all times. Make the right decision today and sign up with Estimable and Honest Crypto Currency trading robots.

Lastly, we wish you all the best in your Forex trading experience

10 Replies to “FXPesa Review: Atrocious Forex Scam”

  1. ×


    • - Can't withdraw your funds from this fraudulent company or broker?
    • - Have they asked you to pay excessive withdrawal fees or to deposit more funds?
    • - Or is there an excessive delay in processing your withdrawal?
    • - Are they trying to push you into depositing more money with them even without withdrawing the one you've already put in?
    It's a CONFIRMED scam broker/company, recover your stolen funds by filling out the form below and you will get a FREE Mychargeback consultation today:

    Fill out the form below to recover your lost funds from this scam company

  2. Yaaap they have taken my money these mf scam broker poor service i am waiting for a refund of my money since December last year till today

  3. Honestly, I have traded a couple of times especially during “big market news” like today’s the FOMC and NFP report. I tried to close some botched trades but was unable to. At the same time had some trades opened that were to close at a profit, but I could not. They have all closed at a loss yet the market was in my favour. My reserve was sufficient for the market drop but they wiped out everything. This is the second time this has happened to me this year! Beware! BEWARE! Fx trader takes opportunity of this crucial market times to SCAM their clients.

Leave a Reply

Your email address will not be published. Required fields are marked *


Follow Us will not be liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Trading Forex, Binary options and Cryptocurrencies involve high-risk and are not suitable for all investors. Online trading in general, may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity. All trademarks, images and logos that appear on this site are copyrights of their respective owners and have been used under the Act of Fair Use.