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egm SECURITIES

Moderate riskForex / CFD broker
Kenya · 5-10 years · since 2019-03-20 · EGM Securities Limited
CMA
Visit site ↗
3.7/5
★★★★★ ★★★★★
3 reviews ›
1
Licenses ›
0
Withdrawal issues ›
—
Min. deposit ›
—
Max leverage ›
0
Account types ›
35/100
Scam risk ›
0
Clone sites ›
▲ 100% positive▼ 0% negative
Independent ratingshow third parties score this broker
WikiFX2.37/10
Trustpilot3.7/5
Forex Peace Army—/5
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No sign that egm SECURITIES actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
35
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • Limited public information available
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing6835%
Company age2215%
Clone / impersonation012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)2810%
Real-user sentiment208%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameEGM Securities Limited
Headquarters Kenya
Founded2019-03-20
Years operating5-10 years
Employees0
Official websiteegmsecurities.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods—
Withdrawal methods—
Instruments—
Registered address
The RiverFront, 2nd Floor, Prof David Wasawo Drive Westlands

Regulation & licenses · 1

RegulatorLicense typeLicense No.RegionStatus
CMAForex Execution License (STP)107Kenya—

Review analysis AI

Rating mismatch — Industry-tracker scores run far lower than real users do (gap -2.52)

Across 3 recent Trustpilot reviews, 0% are 1–2 star.

0
Period:
What users praise
Where reviewers are from
TR1
Nigeria1
Australia1

Real user reviews

Where egm SECURITIES operates

Active across 3 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇰🇪 Kenya Licensed
🇹🇿 Tanzania
🇵🇰 Pakistan

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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About egm SECURITIES

egm SECURITIES is a forex and CFD broker based in Kenya, with records dating to 2019-03-20. It reports oversight from CMA.

FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.

On Trustpilot, egm SECURITIES holds a real-user score of 3.7/5 across 1 reviews.

Overview compiled by FXCanary from regulatory records and public data. full egm SECURITIES review