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.

Broker Dossier

Capital Markets Authority (Kenya)

Our tier
Tier 2
Jurisdiction
Kenya
Public register
Open the official register

The Capital Markets Authority of Kenya licenses online foreign exchange brokers under dedicated regulations, which makes Kenya one of the few African countries with a local retail forex regime.

What it means for a retail trader

Licensed brokers must keep client funds in segregated accounts. The CMA publishes the list of licensed online forex brokers and warns against unlicensed ones.

How to check a firm

Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.

Brokers in our database with a CMA licence

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
Exness Founded 2008 42 Exness (SC) Ltd FSA Seychelles #SD025 Tier 3 (offshore) $10 MT4MT5Own platform Review Visit site
FXTM Founded 2011 38 Exinity Limited FSC Mauritius #C113012295 Tier 3 (offshore) $200 MT4MT5 Review Visit site
HFM Founded 2010 42 HF Markets (Seychelles) Ltd FSA Seychelles #SD015 Tier 3 (offshore) $0 MT4MT5Own platform Review Visit site
Pepperstone Founded 2010 54 Pepperstone Markets Limited SCB #SIA-F217 Tier 3 (offshore) $0 MT4MT5cTraderTradingView Review Visit site

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.