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 | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| 1 Pepperstone Founded 2010 | 72 | Pepperstone Markets Kenya Limited CMA #128 Tier 2 | $0 | MT4MT5cTraderTradingView | Review Visit siteAffiliate link |
| 2 Exness Founded 2008 | 60 | Exness (KE) Limited CMA #162 Tier 2 | $10 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 3 HFM Founded 2010 | 60 | HFM Investments Ltd CMA #155 Tier 2 | $0 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 4 FXTM Founded 2011 | 56 | Exinity Capital East Africa Ltd CMA #135 Tier 2 | $200 | MT4MT5 | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.
International brokers that accept clients from Kenya
These brokers serve this country through an entity licensed elsewhere. Local protections may not apply.
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| 1 Interactive Brokers Founded 1978 Listed | 91 | Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| 2 Swissquote Founded 1996 Listed Bank | 89 | Swissquote Bank Ltd FINMA Tier 1 | $1,000 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 3 Saxo Founded 1992 Bank | 76 | Saxo Bank A/S Danish FSA #1149 Tier 2 | $0 | Own platformTradingView | Review Visit siteAffiliate link |
| 4 FOREX.com Founded 2001 Listed | 62 | GAIN Global Markets Inc. CIMA #25033 Tier 3 (offshore) | $100 | Own platformMT4MT5TradingView | Review Visit siteAffiliate link |
| 5 Plus500 Founded 2008 Listed | 62 | Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) | $100 | Own platform | Review Visit siteAffiliate link |
| 6 IG Founded 1974 Listed | 60 | IG International Limited BMA Tier 3 (offshore) | — | Own platformMT4TradingView | Review Visit siteAffiliate link |
| 7 eToro Founded 2007 Listed | 56 | eToro (Seychelles) Ltd FSA Seychelles #SD076 Tier 3 (offshore) | $50 | Own platform | Review Visit siteAffiliate link |
| 8 OANDA Founded 1996 | 54 | OANDA Global Markets Ltd BVI FSC Tier 3 (offshore) | $0 | Own platformMT4MT5TradingView | Review Visit siteAffiliate link |
| 9 AvaTrade Founded 2006 | 50 | Ava Trade Markets Ltd BVI FSC #SIBA/L/13/1049 Tier 3 (offshore) | $100 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 10 XTB Founded 2002 Listed | 50 | XTB International Limited FSC Belize Tier 3 (offshore) | $0 | Own platform | Review Visit siteAffiliate link |
| 11 Admirals Founded 2001 | 48 | Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) | $100 | MT4MT5 | Review Visit siteAffiliate link |
| 12 ThinkMarkets Founded 2010 | 48 | TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) | $0 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| 13 Eightcap Founded 2009 | 46 | Eightcap Global Ltd SCB #SIA-F220 Tier 3 (offshore) | $100 | MT4MT5TradingView | Review Visit siteAffiliate link |
| 14 Vantage Founded 2009 | 46 | Vantage Global Limited VFSC #700271 Tier 3 (offshore) | $50 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| 15 Capital.com Founded 2016 | 44 | Capital Com Online Investments Ltd SCB #SIA-F245 Tier 3 (offshore) | $20 | Own platformMT4TradingView | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.
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.