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How I Made My First $100 Trading Forex from Kenya

wikihiimediaBy wikihiimediaJune 7, 2025No Comments3 Mins Read
How I Made My First $100 Trading Forex from Kenya
How I Made My First $100 Trading Forex from Kenya
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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 wasn’t sure if it was real — especially in Kenya. Today, I’ve just withdrawn my first $100 profit, and I want to share exactly how I did it. This is not a get-rich-quick story. It’s 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. That’s 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.

👉 Start your journey with the same broker I used – Click here to join EXNESS.

Learning the Basics

I spent the first 2 weeks just learning. I read about:

  • ✅ What are currency pairs (like EUR/USD, USD/JPY)
  • ✅ How to use MetaTrader 4
  • ✅ Risk management – never risking more than 2% per trade
  • ✅ 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 – 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 – it was to grow slowly and learn.

By the end of the first month, I had made $28 — 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 didn’t trade every day — 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

  • Don’t rush – 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 you’re in Kenya and want to try it, don’t be afraid to start small.

Start your journey with the same broker I used – Click here to join EXNESS.

If I did it from my small room in Nairobi using just my phone and M-Pesa — you can do it too!

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