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JustMarkets in Kenya — review, licence and costs
Cost calculator (median of 36 priced of 55)
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%55
- Round-turn cost20%95
- Safety20%0
- Payouts15%100
- Track record10%70
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- International entity
- Founded
- 2012
- Retail leverage
- 3000KE
- Round turn
- 6 USDKE
- Currencies
- USD, EUR, ZAR, NGN
- Swap-free account
- yes
"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.
Licence check
Open an account with JustMarketsThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- International entity
- Local standing
- Not CMA licensed
- Licence as the register states it
- FSA Seychelles
- Leverage for this entity
- Up to 1:3000
- The firm behind it
- International broker since 2012
- What we hold against it
- Mixed third-party reviews
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.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youNot CMA licensed
- 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.
Price against Kenya market median(priced from 36 of 55)
Medians run over the 36 of 55 brokers that publish a price for Kenya, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Demo, Pro, Raw Spread. 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
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
- USD, EUR, ZAR, NGN
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(7 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(3 platforms)
- MT4
- MT5
- app
Identical for every row: Min spread 0.3 · Leverage 3000 KE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.1 | 825 |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(6 for and 3 against, each tied to a figure on this page)
- Round turn 6 USD on the raw + commission basis, under the Kenya median 7
- Min deposit 10 USD, under the Kenya median 25
- Withdrawal in 0.016666666666666666 h, one of 46 of 55 brokers here that publish a time
- Swap-free account available
- Payouts 100 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, app
- No Kenya authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- Safety 0 of 100, its weakest of 6 scored axes
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
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 500 group
- Rank in this country
- #10
- Round turn, USD
- 5KE
- Min deposit, USD
- 10KE
- Leverage
- 2000KE
- Rank in this country
- #31
- Round turn, USD
- 7KE
- Min deposit, USD
- 100KE
- Leverage
- 500KE
- Rank in this country
- #18
- Round turn, USD
- 6KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 500KE
- Rank in this country
- #25
- Round turn, USD
- 7KE
- Min deposit, USD
- 20 groupKE
- Leverage
- 200KE
- Rank in this country
- #3
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 | JustMarkets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 55 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 100 |
| Track record | 10% | Years since the firm was founded, from its own filings | 70 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
Where JustMarkets sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · this broker 6 USD · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 10 USD · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · this broker 1:3000 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does JustMarkets accept residents of Kenya?
- No. Not CMA licensed Onboarding entity: International entity
- Is JustMarkets licensed to serve clients in Kenya?
- FSA Seychelles Checked on 27.08.2026.
- How much does one round turn cost at JustMarkets?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for Kenya is 7.0 USD.
- What leverage does JustMarkets offer to retail clients in Kenya?
- Up to 1:3000. leverageGeo: Up to 1:3000
- Which trading platforms does JustMarkets support?
- MT4, MT5, app. Instruments: Forex, metals, crypto
- How can I withdraw money from JustMarkets in Kenya?
- M-PESA, bank transfer
- What account types does JustMarkets offer?
- Demo, Pro, Raw Spread
- Does JustMarkets offer a swap-free (Islamic) account?
- Yes. JustMarkets offers a swap-free (Islamic) account to Kenya residents.