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AIB-AXYS Africa in Kenya — review, licence and costs
Score (4 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%10
- Safety20%90
- Track record10%30
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with AIB-AXYS AfricaThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- AIB-AXYS Africa Ltd
- Local standing
- CMA-regulated domestic investment bank / stockbroker
- Licence as the register states it
- CMA-licensed; upgraded to investment bank license (2026) with digital access component; NSE member and licensed Nominated Advisor (NomAd)
- Leverage for this entity
- no retail forex; margin limited (note: a partnership with Scope Markets reported to broaden investment access)
- The firm behind it
- 25+ years' experience; leading NSE stockbroker; received upgraded CMA investment bank license in 2026 (one of three firms), adding corporate finance, sustainable finance, alternative investments, underwriting/syndication; serves retail and diaspora investors
- What we hold against it
- not verified at review
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
no retail forex; margin limited (note: a partnership with Scope Markets reported to broaden investment access)
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youCMA-regulated domestic investment bank / stockbroker
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Accounts
Account types the broker names for this country: CDS account + trading/investment account, corporate finance/advisory for institutional clients. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| M-Pesa | 24 | 0 | 50 |
| Bank transfer | 24 | 0 | 50 |
Taxes for a Kenyan resident(1 rule)
- Forex/CFD profit treated as ordinary income for most retail traders (not capital gains), added to taxable income, taxed on graduated bands roughly 10% up to a top marginal rate of 35% (as of the review;https://www.aib-axysafrica.com/
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (2 methods · 1 local)
M-Pesa, bank transfer (not verified at review for specifics)
- M-Pesalocal
- Bank transfer
- Account currency
- KES
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(1 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(2 platforms)
- Proprietary online trading platform
- research portal
| Class | Leverage |
|---|---|
| Proprietary online trading platform | —KE |
| research portal | —KE |
Pros and cons(2 for and 4 against, each tied to a figure on this page)
- Authorised by the Kenya regulator in its own register
- Safety 90 of 100, its strongest of 4 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- Withdrawal time not published
- Platforms 0 of 100, its weakest of 4 scored axes
- Not scored on round-turn cost, payouts: the broker publishes no figure we could read
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 7KE
- Min deposit, USD
- 20 groupKE
- Leverage
- 200KE
- Rank in this country
- #3
- Round turn, USD
- 8KE
- Min deposit, USD
- 100 groupKE
- Leverage
- 500 group
- Rank in this country
- #1
- Round turn, USD
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 2000 group
- Rank in this country
- #2
- Round turn, USD
- 7KE
- Min deposit, USD
- 10KE
- Leverage
- 400KE
- Rank in this country
- #4
- Round turn, USD
- 7KE
- Min deposit, USD
- 100KE
- Leverage
- 1000 group
- Rank in this country
- #5
- Round turn, USD
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 500 group
- Rank in this country
- #10
"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.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Kenya score. Full methodology
| Axis | Weight | What is measured | AIB-AXYS Africa |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 10 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | — |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 90 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | — |
| Track record | 10% | Years since the firm was founded, from its own filings | 30 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
— the broker does not publish this figure; it is not read as a zero and it is not scored.
Where AIB-AXYS Africa sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does AIB-AXYS Africa accept residents of Kenya?
- Yes. CMA-regulated domestic investment bank / stockbroker Onboarding entity: AIB-AXYS Africa Ltd
- Is AIB-AXYS Africa licensed to serve clients in Kenya?
- CMA-licensed; upgraded to investment bank license (2026) with digital access component; NSE member and licensed Nominated Advisor (NomAd) Checked on 11.07.2026.
- Which trading platforms does AIB-AXYS Africa support?
- Proprietary online trading platform, research portal. Instruments: NSE-listed Kenyan equities and bonds; access to international equities and ETFs across global exchanges
- How can I withdraw money from AIB-AXYS Africa in Kenya?
- M-Pesa, bank transfer (not verified at review for specifics)
- What account types does AIB-AXYS Africa offer?
- CDS account + trading/investment account; corporate finance/advisory for institutional clients