EGM Securities Review

Rana Adnan | September 24, 2020

EGM Securities is an online trading broker that is based in Kenya and provides traders with the intuitive MetaTrader 4 trading platform for trading various financial markets, including forex, precious metals, indices, commodities, CFDs, and more. The broker offers multiple trading account options to suit different types of traders.

Broker Pros / Cons
  • A selection of educational resources
  • A range of trading tools
  • Multiple financial instruments
  • MetaTrader 4 trading platform
  • Limited account funding options
  • No MetaTrader 5 platforms
  • No USA clients
  • Not the lowest spreads & commissions


EGM Securities is an online financial services provider that is reputed for being the first non-dealing online forex broker in Nairobi. The broker has several international offices and offers individual, corporate, and institutional services in a wide variety of financial instruments. They provide traders with some of the best trading platforms, along with a good range of trading and learning tools.


EGM Securities is the trading name of EGM Securities Limited (Company Registered No. PVT-AAAAFF7), which is authorized and regulated by the Capital Markets Authority, the government regulator charged with licensing and regulating the capital markets in Kenya.

The broker does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations.


The broker provides traders with the sophisticated MT4 trading platform. It is an intuitive trading platform that is built with a range of analytical tools for beautiful trading experience. The MetaTrader 4 platform allows you to trade on a number of different devices, giving you the confidence that you have access to all your information at your fingertips so you can make manage your trading risk across your EGM Securities accounts. The MT4 platform is available as desktop, web, and mobile versions.

EGM Securities MT4 Trading Platform

EGM Securities MT4 Trading Platform


Traders are provided with a range of useful trading tools, including the Trading Calculators and Economic Calendar. These tools help to enhance clients’ trading experience by promoting a seamless trading process.


There is a good selection of educational resources on the broker’s website, and they are designed to ensure traders are always updated on the latest happenings in the financial markets. They include trading news, blogs, press releases, and an FAQ section that offers instant answers to clients’ most common questions.

EGM Securities Trading Blog

EGM Securities Trading Blog


The following trading products are offered by EGM Securities: forex, precious metals, indices, commodities, CFDs, and more.


The broker offers two account options to meet the individual trading needs of clients, and they include Executive ($5) and Premiere ($100) Accounts. Each of the accounts allows users to trade several assets on the MT4 trading platform with tight spreads from 0 pips and leverage of up to 1:400. A demo trading account is also provided to enable traders to practice risk-free trading with virtual funds before opening a real trading account.


The broker’s client support team can be reached via telephone, email, Live Chat, and social media.


The broker accepts the following payment methods for both account deposits and withdrawals:

  • Bank wire transfer
  • Credit/Debit Cards
  • Mobile payments
  • E-wallets

There are no fees charged for deposits and withdrawals, whereas the transaction processing time may vary depending on the payment provider or method.


Account opening is easy and straightforward, simply click on the ‘Open an Account’ button and proceed to fill out the account application form, providing your personal information and other required details.

EGM Securities Account Opening Page

EGM Securities Account Opening Page


Compare Broker (vs Our Top 3 Brokers)
Broker FeaturesAvaTradeIGIC Markets
CountryAustralia, Ireland, South Africa, Japan, British Virgin IslandsAustralia, UK, USA, Switzerland, UAE, Singapore, JapanAustralia, Seychelles, Bahamas, Cyprus
Min. DepositMin $250 DepositMin $100 DepositMin $200 Deposit
CommissionFrom $0From $0From $0
InstrumentsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Options, Bonds, CFDs, ETFsForex, Commodities, Stocks, Shares, Indices, Cryptocurrencies, Metals, Energies, Options, Bonds, ETFs, CFDsForex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds, CFDs
PlatformsMetaTrader 4, MetaTrader 5, AvaTradeGO, AvaOptions, AvaSocial, DupliTrade, ZuluTrade, Web, MobileMetaTrader 4, IG Platform, IG Progressive Web App, ProRealTime (PRT), L2 Dealer, FIX API, Web, MobileMetaTrader 4, MetaTrader 5, cTrader, Web, Mobile
TypeMarket Maker, STPSTP, ECN, DMAECN
FundingWire Transfer, Credit/Debit Card, Paypal, WebMoney, Neteller, SkrillWire Transfer, Credit/Debit Cards, PayPalWire Transfer, Credit Card, Debit Card, WebMoney, Neteller, PayPal, Skrill, FasaPay, UnionPay, Qiwi, Bpay, Poli
Visit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit BrokerVisit Broker


EGM securities is a regulated online trading brokerage that provides traders with the sophisticated MetaTrader 4 trading platform to enable them to trade several assets online. There are multiple account options to suit different levels of traders. Traders also benefit from some useful trading tools, educational resources, and a dedicated customer support team.

EGM Securities Logo

Min $5 Deposit

EGM Securities is an online financial services provider based in Nairobi. The broker provides a wide variety of financial instruments to trade online via flexible trading platforms, along with a selection of trading & learning tools.

Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

About the Author

Rana Adnan
I am an introverted long-distance runner and a Forex trader with more than 7 years of experience. Reminiscences of a stock operator was the first book that changed the whole concept of trading for me.

Review Methodology

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. You can read more about our review process.


If you like our reviews and find them useful, please feel free to share them on your socials as this can help us to continuously improve the website and for traders to find a suitable broker.