Forex brokers in Kenya
Which brokers hold a local licence in Kenya, which international brokers accept residents, and what to check first.
Kenya licenses online foreign exchange brokers through the Capital Markets Authority. A small number of international brands have obtained a local licence, and the CMA publishes the list.
What to check first
Confirm the broker on the CMA’s list of licensed online forex brokers. A locally licensed broker must keep client money in segregated accounts and usually supports local payment methods. Brokers without a CMA licence serve Kenyan residents from offshore entities, with weaker protection.
Local regulator: CMA
Brokers licensed in Kenya
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 Pepperstone Since 2010 | 72/99 | CMA #128 Pepperstone Markets Kenya Limited | $0 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit PepperstoneOfficial site · we earn no commission here |
| 2 Exness Since 2008 | 60/99 | CMA #162 Exness (KE) Limited | $10 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit ExnessOfficial site · we earn no commission here |
| 3 HFM Since 2010 | 60/99 | CMA #155 HFM Investments Ltd | $0 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit HFMOfficial site · we earn no commission here |
| 4 FXTM Since 2011 | 56/99 | CMA #135 Exinity Capital East Africa Ltd | $200 | MetaTrader 4, MetaTrader 5 | Review Visit FXTMOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
International brokers that accept clients from Kenya
These brokers serve this country through an entity licensed elsewhere. Local protections may not apply.
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| 1 Interactive Brokers Since 1978 · NASDAQ: IBKR | 91/99 | CFTC/NFA #0258600 Interactive Brokers LLC | $0 | Own platform, TradingView | Review Visit Interactive BrokersOfficial site · we earn no commission here |
| 2 Swissquote Since 1996 · SIX: SQN | 89/99 | FINMA Swissquote Bank Ltd | $1,000 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit SwissquoteOfficial site · we earn no commission here |
| 3 Saxo Since 1992 | 76/99 | Danish FSA #1149 Saxo Bank A/S | $0 | Own platform, TradingView | Review Visit SaxoOfficial site · we earn no commission here |
| 4 FOREX.com Since 2001 · NASDAQ: SNEX (parent) | 62/99 | CIMA #25033 GAIN Global Markets Inc. | $100 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit FOREX.comOfficial site · we earn no commission here |
| 5 Plus500 Since 2008 · LSE: PLUS | 62/99 | FSA Seychelles #SD039 Plus500SEY Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| 6 IG Since 1974 · LSE: IGG | 60/99 | BMA IG International Limited | — | Own platform, MetaTrader 4, TradingView | Review Visit IGOfficial site · we earn no commission here |
| 7 eToro Since 2007 · NASDAQ: ETOR | 56/99 | FSA Seychelles #SD076 eToro (Seychelles) Ltd | $50 | Own platform | Review Visit eToroOfficial site · we earn no commission here |
| 8 OANDA Since 1996 | 54/99 | BVI FSC OANDA Global Markets Ltd | $0 | Own platform, MetaTrader 4, MetaTrader 5, TradingView | Review Visit OANDAOfficial site · we earn no commission here |
| 9 AvaTrade Since 2006 | 50/99 | BVI FSC #SIBA/L/13/1049 Ava Trade Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit AvaTradeOfficial site · we earn no commission here |
| 10 XTB Since 2002 · WSE: XTB | 50/99 | FSC Belize XTB International Limited | $0 | Own platform | Review Visit XTBOfficial site · we earn no commission here |
| 11 Admirals Since 2001 | 48/99 | FSA Seychelles #SD073 Admirals SC Ltd | $100 | MetaTrader 4, MetaTrader 5 | Review Visit AdmiralsOfficial site · we earn no commission here |
| 12 ThinkMarkets Since 2010 | 48/99 | FSA Seychelles #SD060 TF Global Markets Int Limited | $0 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit ThinkMarketsOfficial site · we earn no commission here |
| 13 Eightcap Since 2009 | 46/99 | SCB #SIA-F220 Eightcap Global Ltd | $100 | MetaTrader 4, MetaTrader 5, TradingView | Review Visit EightcapOfficial site · we earn no commission here |
| 14 Vantage Since 2009 | 46/99 | VFSC #700271 Vantage Global Limited | $50 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit VantageOfficial site · we earn no commission here |
| 15 Capital.com Since 2016 | 44/99 | SCB #SIA-F245 Capital Com Online Investments Ltd | $20 | Own platform, MetaTrader 4, TradingView | Review Visit Capital.comOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.