ForexLicenses

Forex brokers regulated in Kenya

Kenya is home to one regulator tracked by ForexLicenses.com: the Capital Markets Authority of Kenya (CMA (Kenya)). We match 18 brokers to a licence from this regulator. 3 brokers are headquartered in Kenya.

Rules for traders in Kenya

Kenya's CMA licenses online forex brokers under regulations introduced in 2017, with a maximum leverage of 400:1.

Regulators in Kenya

CMA (Kenya) 3 Capital Markets Authority of KenyaNo dedicated compensation scheme for online forex clients confirmed

Brokers licensed in Kenya 18

Brokers matched to at least one licence from a regulator based in Kenya. Holding a local licence does not mean every client of the brand is served by the local entity.

Broker Licences on record Licence Score Actions
1 A AvaTrade Forex & CFD broker, since 2006 ASICCBIJFSAFSCAFSRA (ADGM)ISA+3 83Very strong Licences Visit site
2 A Admirals Forex & CFD broker, since 2001 ASICFCACySECEFSAFSCACMA (Kenya)+2 78Strong Licences Visit site
3 P Pepperstone Forex & CFD broker, since 2010 ASICBaFinFCACySECDFSACMA (Kenya)+1 78Strong Licences Visit site
4 H HFM Forex & CFD broker, since 2010 FCACySECDFSAFSCACMA (Kenya)FSC (MU)+1 70Strong Licences Visit site
5 X XM Forex & CFD broker, since 2009 ASICCySECDFSAFSCACMA (Kenya)FSA (Seychelles)+1 70Strong Licences Visit site
6 FM FP Markets Forex & CFD broker, since 2005 ASICCySECFSCACMA (Kenya)FSC (MU)FSA (Seychelles) 69Strong Licences Visit site
7 E Exness Forex & CFD broker, since 2008 FCACySECFSCACMA (Kenya)FSC (MU)JSC+3 68Strong Licences Visit site
8 CC Capital.com Forex & CFD broker, since 2016 ASICFCACySECCMA (Kenya)SCBFSA (Seychelles) 67Strong Licences Visit site
9 E Equiti Forex & CFD broker, since 2008 FCASCACMA (Kenya)JSCFSA (Seychelles) 65Strong Licences Visit site
10 F FXTM Forex & CFD broker, since 2011 FCACySECFSCACMA (Kenya)FSC (MU) 65Strong Licences Visit site
11 IM IC Markets Forex & CFD broker, since 2007 ASICCySECCMA (Kenya)SCBFSA (Seychelles) 65Strong Licences Visit site
12 IB INGOT Brokers Forex & CFD broker, since 2006 ASICCMA (Kenya)FSA (Seychelles) 62Strong Licences Visit site
13 WB Windsor Brokers Forex & CFD broker, since 1988 CySECCMA (Kenya)JSCFSC (Belize) 51Moderate Licences Visit site
14 SM Scope Markets Forex & CFD broker, since 2014 FSCACMA (Kenya)FSC (Belize) 46Moderate Licences Visit site
15 AC Anzo Capital Forex & CFD broker, since 2015 CMA (Kenya)FSC (Belize) 30Weak Licences Visit site
16 F FXPesa Forex & CFD broker, since 2016 CMA (Kenya) 29Weak Licences Visit site
17 TG Trademax Global Markets Forex & CFD broker, since 2016 CMA (Kenya) 29Weak Licences
18 EF Empire FX Trade Forex & CFD broker, since 2019 CMA (Kenya) 27Weak Licences

Brokers headquartered in Kenya 3

Broker Licences on record Licence Score Actions
F FXPesa Forex & CFD broker, since 2016 CMA (Kenya) 29Weak Licences Visit site
TG Trademax Global Markets Forex & CFD broker, since 2016 CMA (Kenya) 29Weak Licences
EF Empire FX Trade Forex & CFD broker, since 2019 CMA (Kenya) 27Weak Licences

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.