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Genghis Capital in Kenya — review, licence and costs
Score (4 of 6 axes scored)
shown, not ranked: only 55% of the weight has data, need 55%
- Safety20%90
- Payouts15%40
- Track record10%no data
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with Genghis CapitalThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- Genghis Capital Limited
- Local standing
- CMA-regulated domestic (investment bank); confirmed by CMA NOT under statutory management (as of 2025 clarification)
- Licence as the register states it
- CMA-licensed investment bank (started as stockbrokerage 2008); participant/member of the NSE; also licensed by Retirement Benefits Authority (RBA)
- Leverage for this entity
- No retail forex/CFDs; equity trading margin limited (standard NSE cash trading)
- The firm behind it
- Started as stockbrokerage 2008; expanded to investment bank offering unit trusts, fund management, corporate finance; acquired Aug 2016 by Overtime Capital Ltd (SPV led by Pamoja Capital)
- What we hold against it
- FLAGGED: CMA publicly engaged Genghis Capital in 2024–2025 over unmet contractual obligations — a disputed ~KES 355M (USD ~2.74M) debt to a South African lender leading to High Court auction proceedings against its properties; CMA intervened and clarified the firm was NOT under statutory management; Mali MMF investors reported rushing to withdraw amid the crisis. Client CIS assets stated to be held in segregated custody.
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/CFDs; equity trading margin limited (standard NSE cash trading)
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youCMA-regulated domestic (investment bank); confirmed by CMA NOT under statutory management (as of 2025 clarification)
- 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/brokerage trading account, Genghis MMF, Mali MMF unit-trust accounts, account opening via USSD *895#. 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://genghis-capital.com/index.php/about/
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (2 methods · 1 local)
M-Pesa, bank transfer
- 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)
- G-Kuze online investment platform/app
- USSD *895#
| Class | Leverage |
|---|---|
| G-Kuze online investment platform/app | —KE |
| USSD *895# | —KE |
Pros and cons(3 for and 5 against, each tied to a figure on this page)
- Authorised by the Kenya regulator in its own register
- Min deposit 1 USD, under the Kenya median 25
- Safety 90 of 100, its strongest of 4 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- A regulator warning is on file against this broker
- Withdrawal in 72 h, over the Kenya median 48
- Platforms 0 of 100, its weakest of 4 scored axes
- Not scored on reviews, round-turn cost: the broker publishes no figure we could read
Alternatives in Kenya(6 of 55 scored in Kenya)
- 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
- 5KE
- Leverage
- 400KE
- Rank in this country
- #6
- Round turn, USD
- 17KE
- Min deposit, USD
- 5KE
- Rank in this country
- #24
- Round turn, USD
- 23KE
- Min deposit, USD
- 10KE
- Leverage
- 400KE
- Rank in this country
- #26
- 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 | Genghis Capital |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | — |
| 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 | 40 |
| Track record | 10% | Years since the firm was founded, from its own filings | 90 |
| 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 Genghis Capital 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 · this broker 1 USD · 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 Genghis Capital accept residents of Kenya?
- Yes. CMA-regulated domestic (investment bank); confirmed by CMA NOT under statutory management (as of 2025 clarification) Onboarding entity: Genghis Capital Limited
- Is Genghis Capital licensed to serve clients in Kenya?
- CMA-licensed investment bank (started as stockbrokerage 2008); participant/member of the NSE; also licensed by Retirement Benefits Authority (RBA) Checked on 11.07.2026.
- Which trading platforms does Genghis Capital support?
- G-Kuze online investment platform/app, USSD *895#. Instruments: NSE equities, fixed income, OTC trading, Collective Investment Schemes (Genghis MMF, Mali MMF), retirement benefit products, private wealth
- How can I withdraw money from Genghis Capital in Kenya?
- M-Pesa, bank transfer
- What account types does Genghis Capital offer?
- CDS/brokerage trading account; Genghis MMF and Mali MMF unit-trust accounts; account opening via USSD *895#