How I Made My First $100 Trading Forex from Kenya
Just two years ago, I barely knew what forex trading was. I had heard stories about people making money online, but I wasnβt sure if it was real β especially in Kenya. Today, Iβve just withdrawn my first $100 profit, and I want to share exactly how I did it. This is not a get-rich-quick story. Itβs a real journey, with lessons, mistakes, and a final breakthrough.
How It All Started
It began during the COVID-19 lockdown. With extra time at home and limited income, I decided to explore online opportunities. After reading multiple blog posts and watching YouTube videos, I stumbled upon forex trading. The idea of buying and selling currencies sounded confusing at first, but the potential was attractive.
My biggest concern? How to fund a trading account from Kenya without a credit card. Thatβs when I found a broker that supported M-Pesa deposits.
Choosing the Right Broker
After testing a few demo accounts, I settled on EXNESS. They are regulated by the Capital Markets Authority (CMA) of Kenya, and I could deposit as little as $10 using M-Pesa or Bank Deposits. That lowered my fear of losing big money.
π Start your journey with the same broker I used β Click here to join EXNESS.
Learning the Basics
I spent the first 2 weeks just learning. I read about:
- β What are currency pairs (like EUR/USD, USD/JPY)
- β How to use MetaTrader 4
- β Risk management β never risking more than 2% per trade
- β How to read simple price charts
I also joined free Telegram groups and followed a few Kenyan traders for insights. This helped a lot in avoiding beginner mistakes.
My First Deposit β Just $20 via M-Pesa
With my basic skills in place, I made my first live deposit of KES 2,600 (about $20). It felt scary, but I kept my trades small and used tight stop-losses. My goal wasn’t to double the account overnight β it was to grow slowly and learn.
By the end of the first month, I had made $28 β a small gain, but it showed that forex actually works!
The Winning Strategy That Worked for Me
After many losing trades and lessons, I settled on trading major news events using the economic calendar. I traded events like the NFP (Non-Farm Payroll) and interest rate decisions. I didnβt trade every day β only when the setup was clear.
Within two months, I had grown my account from $20 to over $120. I then withdrew my first $100 straight to my M-Pesa account. The feeling was unbelievable.
What I Learned Along the Way
- Donβt rush β forex is not a get-rich-quick scheme
- Use stop-losses and manage your risk
- Stick to one trading strategy and master it
- Start small and grow with experience
Final Thoughts
Forex trading changed how I see money. It takes discipline, learning, and patience. If youβre in Kenya and want to try it, donβt be afraid to start small.
Start your journey with the same broker I used β Click here to join EXNESS.
If I did it from my small room in Nairobi using just my phone and M-Pesa β you can do it too!