Go to FxProHisa (Hisa app) in Kenya — review, licence and costs
Score (5 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%70
- Safety20%30
- Payouts15%80
- Track record10%no data
- Platforms10%15
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
The broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- Faida Investment Bank Ltd
- Local standing
- CMA no-objection (partner-model) domestic; also operates in Nigeria under SEC
- Licence as the register states it
- Not directly CMA-licensed as broker; operates under CMA 'no-objection' via partnership with Faida Investment Bank Ltd (CMA-licensed) for local + US fractional stocks/ETFs
- Leverage for this entity
- no retail forex/leverage; fractional stock/ETF investing (cash)
- The firm behind it
- Fintech offering fractional investing to retail investors; received CMA no-objection (with Faida IB) to offer US and Kenyan fractional stocks/ETFs; also operates in Nigeria
- What we hold against it
- not verified at review (operates via partner license / no-objection rather than direct broker license)
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/leverage; fractional stock/ETF investing (cash)
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youCMA no-objection (partner-model) domestic; also operates in Nigeria under SEC
- 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: In-app investment account with KES, USD wallets. 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(1 method)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|---|---|---|---|
| M-Pesa | 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://hisa.co/
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (1 methods · 1 local)
M-Pesa / mobile money and bank (withdrawals to mobile money or bank;
- M-Pesalocal
- Account currency
- KES (KES and USD wallets)
- Fee declared
- 1 of 1 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(1 platform)
- Hisa mobile app (iOS and Android)
| Class | Count | Min spread | Leverage |
|---|---|---|---|
| Hisa mobile app (iOS and Android) | — | — | —KE |
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.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.4 | — |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(3 for and 4 against, each tied to a figure on this page)
- Min deposit 1 USD, under the Kenya median 25
- Withdrawal in 24 h, one of 46 of 55 brokers here that publish a time
- Payouts 80 of 100, its strongest of 5 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- No Kenya authorisation on file: the entity that onboards you is licensed elsewhere
- Platforms 15 of 100, its weakest of 5 scored axes
- Not scored on round-turn cost: the broker publishes no figure we could read
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 4.5KE
- Min deposit, USD
- 0KE
- Leverage
- 500KE
- Rank in this country
- #7
- Round turn, USD
- 14KE
- Min deposit, USD
- 5KE
- Leverage
- 5000KE
- Rank in this country
- #30
- Round turn, USD
- 9KE
- Min deposit, USD
- 0 groupKE
- Rank in this country
- #33
- Round turn, USD
- 6KE
- Min deposit, USD
- 10 groupKE
- Leverage
- 3000KE
- Rank in this country
- #14
- Round turn, USD
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 500 group
- Rank in this country
- #10
- Round turn, USD
- 7KE
- Min deposit, USD
- 20 groupKE
- Leverage
- 200KE
- Rank in this country
- #3
"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 | Hisa (Hisa app) |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 70 |
| 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 | 30 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| 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 | 15 |
Where Hisa (Hisa app) 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 Hisa (Hisa app) accept residents of Kenya?
- No. CMA no-objection (partner-model) domestic; also operates in Nigeria under SEC Onboarding entity: Faida Investment Bank Ltd
- Is Hisa (Hisa app) licensed to serve clients in Kenya?
- Not directly CMA-licensed as broker; operates under CMA 'no-objection' via partnership with Faida Investment Bank Ltd (CMA-licensed) for local + US fractional stocks/ETFs Checked on 11.07.2026.
- Which trading platforms does Hisa (Hisa app) support?
- Hisa mobile app (iOS and Android). Instruments: NSE-listed Kenyan stocks; US stocks & ETFs (NYSE/NASDAQ) via fractional shares; also NGX (Nigeria). 5,000+ US and local stocks/ETFs
- How can I withdraw money from Hisa (Hisa app) in Kenya?
- M-Pesa / mobile money and bank (withdrawals to mobile money or bank; processed within ~24h)
- What account types does Hisa (Hisa app) offer?
- In-app investment account with KES and USD wallets