Go to FxPro52 brokers measured in Kenyabroker data checked 27.08.2026
Written and checked by the Rift Ledger editorial team · how we score · base recalculated 13.10.2026
Recalculated 13.10.2026 · 52 brokers · 32 accounts
Forex and CFD brokers for residents of Kenya, measured
By formula v1.0, FP Markets ranks first at 4.47: a 8 round turn, 100 group minimum deposit and a local CMA Kenya licence. We measured 52 brokers and 32 accounts; 52 accept Kenyan residents, and 27 are authorised by the country's own regulator.
52of 55
onboarding residents
95% of 55
33of 52
scored on all six axes
63% of 52
36of 55
publish a price
65% of 55
29of 55
publish a leverage figure for this country
53% of 55
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Compare all 52 brokers and 32 accounts (52 of 55 shown)
By score, formula v1.0. No row here is paid or promoted: the order is the formula's alone. · Cost, leverage and withdrawal apply to the entity that onboards Kenyan residents, not the group.
| 2.0–5.0 | USD · KE | USD · or as stated | Kenya entity | hours | Execution | Founded | Funding | ||
|---|---|---|---|---|---|---|---|---|---|
| 1 | FP MarketsKenyan clients can be onboarded under the locally licensed subsidiary FP Markets Ltd (FP Markets Limited), or via the offshore arm. |
4.47 | 8per lot · std | 100 groupadvertised | 500 groupretail · KE | 72measured | ECN/raw + standard | 2005 | 3 methods |
| 2 | HFMHFM Investments Ltd |
4.46 | 6per lot · std | 0 groupadvertised | 2000 groupretail · KE | 24measured | ECN/raw + standard | 2010 | 2 methods · local |
| 3 | EGM Securities (FXPesa)EGM Securities Limited |
4.46 | 7per lot · std | 0advertised | 400retail · KE | 3measured | ECN/raw + standard | 2019 | 2 methods · local |
| 4 | Capital.comKenyan clients are onboarded by a locally licensed entity - Capital.com received a Capital Markets Authority (CMA) Kenya licence in January 2026. |
4.45 | 7per lot · std | 20 groupadvertised | 200retail · KE | 24measured | Standard | 2016 | 3 methods |
| 5 | PepperstonePepperstone Markets Kenya Limited |
4.44 | 7per lot · std | 10advertised | 400retail · KE | 24measured | ECN/raw + standard | 2010 | 4 methods · local |
| 6 | Etica (Etica Capital MMF)Etica Capital Ltd |
4.23 | — | 100advertised | —stated, not verified | 48measured | — | — | 2 methods · local |
| 7 | TMGMTrademax Global Markets (KE) Pty Ltd |
4.22 | 7per lot · std | 100advertised | 1000 groupretail · KE | 24measured | ECN/raw + standard | 2013 | 6 methods · local |
| 8 | EquitiEGM Securities Ltd |
4.12 | 7per lot · std | 5advertised | 400retail · KE | 72measured | ECN/raw + standard | 2008 | 5 methods · local |
| 9 | Fusion MarketsKenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA). |
4.09 | 4.5per lot · std | 0advertised | 500retail · KE | 1measured | ECN/raw + standard | 2017 | 6 methods |
| 10 | AdmiralsHistorically Admirals KE Ltd (CMA Kenya); by March 2026 onboarding redirected to offshore Admirals SC Ltd (Seychelles). |
4.08 | 6per lot · std | 25advertised | 500 groupretail · KE | 72measured | ECN/raw + standard | 2001 | 4 methods · local |
| 11 | LiteFinanceLiteFinance Global LLC |
4.05 | 5per lot · std | 50advertised | 500retail · KE | 24measured | ECN/raw + standard | 2005 | 4 methods |
| 12 | BlackBull MarketsNot served - Kenya is explicitly on BlackBull's restricted-countries list; no BlackBull entity onboards Kenyan residents. |
4.04 | 6per lot · std | 0 groupadvertised | 500 groupretail · KE | 24measured | ECN/raw + standard | 2014 | — |
| 13 | Scope MarketsSCFM Limited |
4 | 9per lot · std | 100advertised | 400retail · KE | 48measured | ECN/raw + standard | — | 4 methods · local |
| 14 | TickmillTickmill Ltd |
3.9 | 6per lot · std | 100advertised | 500retail · KE | 24measured | ECN/raw + standard | 2014 | 3 methods · local |
| 15 | CFINo verified Kenya-local entity; Kenyan clients likely served via offshore/international CFI entity. |
3.89 | — | — | 500 groupretail · KE | 24measured | ECN/raw + standard | 1998 | — |
| 16 | AvaTradeAva Trade Markets Ltd |
3.8 | 9per lot · std | 100 groupadvertised | 400retail · KE | 48measured | Standard | 2006 | 3 methods |
| 17 | JustMarketsInternational entity |
3.79 | 6per lot · std | 10 groupadvertised | 3000retail · KE | 0.02measured | ECN/raw + standard | 2012 | 2 methods · local |
| 18 | Trade NationTrade Nation Ltd |
3.77 | 6per lot · std | 0advertised | 200retail · KE | 24measured | Standard | 2014 | 3 methods · local |
| 19 | Scope Markets KenyaSCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (part of the international Scope Markets group) |
3.77 | 9per lot · std | 10advertised | 400retail · KE | 24measured | ECN/raw + standard | 2014 | 2 methods · local |
| 20 | OctaFXOcta Markets Ltd |
3.75 | 9per lot · std | 25 groupadvertised | 1000retail · KE | 72measured | ECN/raw + standard | 2011 | 2 methods · local |
| 21 | EightcapEightcap Global Limited |
3.7 | 7per lot · std | 100advertised | 500retail · KE | 48measured | ECN/raw + standard | 2009 | 4 methods · local |
| 22 | VantageKenyan retail clients are onboarded by the offshore arm Vantage Global Limited (VFSC Vanuatu) / Vantage International Group Ltd (Cayman CIMA). |
3.69 | 6per lot · std | 50 groupadvertised | 500retail · KE | 120measured | ECN/raw + standard | 2009 | 4 methods · local |
| 23 | ThinkMarketsTF Global Markets Int Ltd |
3.67 | 7per lot · std | 50advertised | 500retail · KE | 4measured | ECN/raw + standard | 1999 | 4 methods |
| 24 | Moneta MarketsMoneta Markets Ltd |
3.65 | 3per lot · std | 50advertised | 1000retail · KE | 24measured | ECN/raw + standard | 2019 | 5 methods · local |
| 25 | FXCMFXCM Markets entity |
3.63 | 7.5per lot · std | 50 groupadvertised | 400retail · KE | 72measured | ECN/raw + standard | 1999 | 2 methods · local |
| 26 | XMXM Global Limited |
3.58 | 17per lot · std | 5advertised | —stated, not verified | 24measured | Standard | 2009 | 3 methods · local |
| 27 | MultiBank GroupKenyan clients served via offshore entity (BVI FSC / Vanuatu VFSC); no local CMA-licensed entity verified. |
3.58 | 6per lot · std | 50 groupadvertised | 500retail · KE | 120measured | ECN/raw + standard | 2005 | 5 methods |
| 28 | FXTMExinity Capital East Africa Ltd |
3.51 | 23per lot · std | 10advertised | 400retail · KE | 24measured | Standard | 2011 | 5 methods · local |
| 29 | Hisa (Hisa app)Faida Investment Bank Ltd |
3.5 | — | 1 groupadvertised | —stated, not verified | 24measured | — | 2020 | 2 methods · local |
| 30 | FBSFBS Markets Inc |
3.47 | 13per lot · std | 5 groupadvertised | 3000retail · KE | — | Standard | 2009 | 3 methods |
| 31 | CMTradingGCMT Limited |
3.45 | 8per lot · std | 100advertised | 200retail · KE | 72measured | ECN/raw + standard | 2012 | 5 methods · local |
| 32 | MitradeMitrade Holding Ltd |
3.44 | — | 20 groupadvertised | 200retail · KE | 48measured | — | 2011 | 2 methods |
| 33 | AlpariParlance Trading Ltd |
3.41 | 3.5per lot · std | 30advertised | 3000retail · KE | 24measured | ECN/raw + standard | 1998 | 5 methods |
| 34 | Sterling CapitalSterling Capital Ltd |
3.41 | — | — | —stated, not verified | — | — | 1994 | 2 methods · local |
| 35 | Ziidi (Ziidi MMF)Safaricom PLC |
3.41 | — | 100 KESadvertised | —stated, not verified | 0measured | — | 2024 | 1 methods |
| 36 | FXGTGT Global Ltd |
3.4 | 14per lot · std | 5advertised | 5000retail · KE | 72measured | Standard | 2019 | 4 methods |
| 37 | Dyer & Blair Investment BankBlair Investment Bank Limited |
3.38 | — | — | —stated, not verified | — | — | 1954 | 2 methods · local |
| 38 | BDSwissKenyan clients are onboarded under the offshore entity BDSwiss (Seychelles) Ltd (FSA) / BDS Markets (FSC Mauritius). |
3.37 | 5per lot · std | 10advertised | 2000retail · KE | 24measured | ECN/raw + standard | 2012 | 3 methods |
| 39 | Suntra Investment BankSuntra Investments Ltd (Kenya), founded 1990 as Suntra Stocks Ltd |
3.29 | — | — | —stated, not verified | — | — | 1990 | 2 methods · local |
| 40 | Plus500Plus500CY Ltd |
3.26 | 13per lot · std | — | 30retail · KE | 72measured | Standard | 2008 | 2 methods · local |
| 41 | T4TradeTradeco Ltd |
3.24 | 18per lot · std | 50advertised | 1000retail · KE | 48measured | Standard | 2021 | 5 methods · local |
| 42 | IG MarketsIG International Ltd |
3.14 | 13.6per lot · std | 50 groupadvertised | 200retail · KE | 120measured | ECN/raw + standard | 1974 | 3 methods · local |
| 43 | AIB-AXYS AfricaAIB-AXYS Africa Ltd |
3.08 | — | — | —stated, not verified | — | — | 2020 | 2 methods · local |
| 44 | ABC CapitalABC Capital Ltd |
3.05 | — | 0advertised | —stated, not verified | 120measured | — | 1954 | 2 methods · local |
| 45 | Faida Investment BankFaida Investment Bank Limited |
— | — | — | —stated, not verified | 48measured | — | 1995 | 2 methods · local |
| 46 | Genghis CapitalGenghis Capital Limited |
— | — | 1advertised | —stated, not verified | 72measured | — | 2008 | 2 methods · local |
| 47 | Kestrel CapitalKestrel Capital (East Africa) Limited, Nairobi (ICEA Building) |
— | — | — | —stated, not verified | — | — | 1994 | 1 methods · local |
| 48 | Kingdom SecuritiesKingdom Securities Limited |
— | — | — | —stated, not verified | — | — | 2008 | 2 methods · local |
| 49 | Ndovu (Ndovu app)Waanzilishi Capital Ltd |
— | — | 5advertised | —stated, not verified | 72measured | — | 2020 | 2 methods · local |
| 50 | SBG SecuritiesSBG Securities Ltd — 100% subsidiary of Stanbic Holdings Plc, part of Standard Bank Group |
— | — | 100advertised | —stated, not verified | — | — | 2007 | 2 methods · local |
| 51 | Standard Investment Bank (SIB / Mansa X)Standard Investment Bank Limited |
— | — | 2500advertised | —stated, not verified | 72measured | — | 1995 | 2 methods · local |
| 52 | Vuka (Vuka investment club)Vuka — tech-enabled real estate investment platform by Acorn Investment Management Ltd (Acorn Holdings Africa); investments held via Acorn Capital Partners LLP |
— | — | 2500 KESadvertised | —stated, not verified | — | — | — | 2 methods · local |
| # | Account | Min depositUSD |
|---|---|---|
| 1 | BlackBull MarketsECN Standard |
0advertised |
| 2 | BlackBull MarketsECN Prime |
0advertised |
| 3 | BlackBull MarketsInstitutional/Prime+ |
20000advertised |
| 4 | Fusion MarketsZero account |
— |
| 5 | PepperstoneRazor |
— |
| 6 | AlpariMicro |
30advertised |
| 7 | BDSwissVIP |
250advertised |
| 8 | BDSwissRaw/Zero |
500advertised |
| 9 | LiteFinanceClassic |
50advertised |
| 10 | LiteFinanceECN |
50advertised |
| 11 | Moneta MarketsDirect STP |
50advertised |
| 12 | Moneta MarketsPrime ECN |
50advertised |
| 13 | Moneta MarketsUltra ECN |
20000advertised |
| 14 | TMGMmin deposit USD 100 |
100advertised |
| 15 | ThinkMarketsThinkZero |
500advertised |
| 16 | VantageStandard STP |
50advertised |
| 17 | VantageRaw ECN |
50advertised |
| 18 | VantagePro ECN |
10000advertised |
| 19 | Vantageswap-free variant available |
— |
| 20 | HFMIslamic |
— |
| 21 | MultiBank GroupStandard |
50advertised |
| 22 | AdmiralsTrade.MT5 |
100advertised |
| 23 | AdmiralsZero.MT5 |
25advertised |
| 24 | AvaTradeIslamic |
— |
| 25 | FXTMIslamic available |
— |
| 26 | EquitiStandard |
30advertised |
| 27 | EquitiPremier |
100advertised |
| 28 | Scope MarketsIslamic swap-free |
— |
| 29 | EGM Securities (FXPesa)plus Islamic |
— |
| 30 | Scope Markets KenyaSilver |
10advertised |
| 31 | Scope Markets KenyaGold |
100advertised |
| 32 | Scope Markets KenyaScope Invest |
50advertised |
Unranked rows are shown with the reason; missing values stay blank (—), never estimated.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
71 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 65 more.
Identical for every row, so it is stated once: Platforms MT5 cTrader +2 · Accepts residents Yes · local CMA Kenya · Type ECN/raw · EURUSD spread 0.10 pips · avg · Currencies USD · KES.
Pick by task (6 tasks · 55 brokers)
Best brokersFP Markets4.47 top score33 of 55 brokers qualifyRegulatedFP Markets4.47 top score27 of 55 brokers qualifyNot authorisedFusion Markets4.09 top score25 of 55 brokers qualifyIslamicFP Markets4.47 top score34 of 55 brokers qualifyMin depositPepperstone4.44 top score27 of 55 brokers qualifyLowest spreadsFP Markets4.47 top score35 of 55 brokers qualify
What the data shows (4 distributions · 55 brokers)
Round turn, USD (36 of 55 priced)
3<5
187.5
810
012.5
415
117.5
120
1>20
Median 7 USD · range 3-23 · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 published)
26<500
01k
01.5k
02k
02.5k
1>2.5k
Median 25 USD · range 0-2500 · 28 of 55 brokers do not publish it
Retail leverage for Kenyan residents (29 of 55 published)
21<1k
32k
13k
34k
1>4k
Median 1:500 · range 30-5000 · 26 of 55 brokers do not publish it
Withdrawal time, hours (46 of 55 published)
22<25
850
1275
0100
4>100
Median 48 h · range 0-120 · 9 of 55 brokers do not publish it
Ratings in Kenya (15 slices · 55 brokers)
Best brokers33 of 55 brokers4.47 top scoreFP Markets leadsRegulated27 of 55 brokers4.47 top scoreFP Markets leadsNot authorised25 of 55 brokers4.09 top scoreFusion Markets leadsIslamic34 of 55 brokers4.47 top scoreFP Markets leadsMin deposit27 of 55 brokers0.0 USDEGM Securities (FXPesa) leadsLowest spreads35 of 55 brokers3.0 USDMoneta Markets leadsHigh leverage29 of 55 brokers5000.0 1:xFXGT leadsLocal payments37 of 55 brokers4.46 top scoreHFM leadsECN / raw26 of 55 brokers3.0 USDMoneta Markets leadsMT434 of 55 brokers4.47 top scoreFP Markets leadsMT528 of 55 brokers4.47 top scoreFP Markets leadsGold25 of 55 brokers4.46 top scoreHFM leadsCrypto10 of 55 brokers4.45 top scoreCapital.com leadsFast withdrawal43 of 55 brokers1.0 hFP Markets leadsMobile app10 of 55 brokers4.46 top scoreEGM Securities (FXPesa) leads
Guides
GuideWhat a spread is, and what it costs youA spread is the gap between the price you can buy at and the price you can sell at, quoted in pips.GuideWhat leverage means, and where the cap comes fromLeverage lets a position be larger than the money behind it: at 1:30, {cur}1,000 of your own holds a {cur}30,000…GuideWhat a minimum deposit really tells youThe minimum deposit is the smallest amount an account can be opened with.
How we score (6 axes · v1.0)
Score = 2 + 3 × weighted mean of six axes, each measured on the entity that onboards Kenyan residents. A missing axis is shown as a dash and the broker stays unranked; nothing is estimated. Full methodology
Reviews 25%Price 20%Reliability 20%Payouts 15%Track record 10%Platforms 10%
Where these figures came from (6 sources)
Sources · precision
- https://fpmarkets.com/blog/fpmarkets-awarded-fx-broker-licence-in-kenya
- https://leaprate.com
- https://prnewswire.com
- https://forexbroker.co.ke
- https://dollarbreak.co.ke
- https://fxscouts.co.ke
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage.
Editor's choice · Oct 2026
FP Markets
Kenyan clients can be onboarded under the locally licensed subsidiary FP Markets Ltd (FP Markets Limited), or via the offshore arm.4.47/ 5.0rank #1 of 52
by formula
by formula
- Reviews90
- Round-turn cost85
- Safety100
- Payouts40
- Track record100
- Platforms70
- Round turn
- 8
- Min deposit
- 100 group
- Licence
- 103
- KES account
- USD/EUR/GBP/AUD and others; local KES account availability not verified at review.
- Leverage
- 500 groupKE
- Withdrawal
- 1-3 business days
- Founded
- 2005
- Register
- https://fpmarkets.com/blog/fpmarkets-awarded-fx-broker-licence-in-kenya 09.07.2026
Why it is here
- Licensed in Kenya: Local licence: CMA (Capital Markets Authority) Kenya Non-Dealing Online Foreign Exchange Broker licence No
- Trading since 2005 — 21 years, 100 of 100 on track record
- 4 platforms: MT4, MT5, cTrader, TradingView
Editor's choice, not a paid placement. FP Markets is #1 of 52 by our formula; the score and the table are computed, not bought.