Moomoo
FxPesa
VS
Higher Rated
Moomoo
Capital at risk · T&Cs apply
Choosing between Moomoo and FxPesa depends on your trading style, preferred markets, and budget. Moomoo is headquartered in Palo Alto, USA, while FxPesa operates from Nairobi, Kenya. Moomoo has the longer track record, established in 2018, compared to FxPesa which was founded in 2019. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
Moomoo
FxPesa
Moomoo is the better choice overall, scoring 3.7/5 vs 3.3/5 on BrokerRank's independent rating. On fees, Moomoo offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
Moomoo
3.7 vs 3.3
Lowest Fees
Moomoo
0 vs 0.6 pips
Regulation
Moomoo
3 vs 1 licences
Min. Deposit
Moomoo
$0 vs $5
Moomoo
WinnerFxPesa
Moomoo
Lower feesFxPesa
Moomoo holds licences from SEC, ASIC, MAS. FxPesa is regulated by CMA.
Both brokers offer access to Indices markets. Moomoo additionally covers Stocks. FxPesa adds Forex, Cfd, Commodities, Crypto.
On spreads, Moomoo is more competitive with EUR/USD spreads from 0.0 pips, compared to 0.6 pips at FxPesa.
Moomoo supports Proprietary Web, Proprietary Mobile. FxPesa offers MT5, Proprietary Web, Proprietary Mobile. Both brokers are available on Proprietary Web, Proprietary Mobile.
Moomoo requires no minimum deposit, while FxPesa sets a minimum deposit of $5. This makes Moomoo accessible to traders with any budget.
BrokerRank scores Moomoo at 3.69/5 and FxPesa at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. Moomoo leads overall with a clear advantage.
Moomoo scores higher overall on our independent rating system. Moomoo holds a 3.7/5 rating vs FxPesa's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
Moomoo offers spreads from 0 pips, while FxPesa starts at 0.6 pips. Check the fees section above for a full breakdown.
Moomoo requires a minimum deposit of $0. FxPesa requires $5.
Moomoo is regulated by SEC, ASIC, MAS, while FxPesa holds licences from CMA.
Moomoo supports Proprietary Web, Proprietary Mobile. FxPesa supports MT5, Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.