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XTB 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%30
- Round-turn cost20%80
- Safety20%10
- Payouts15%40
- Track record10%100
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with XTBThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- XTB does NOT serve Kenya - Kenyan residents are on XTB's not-accepted list (only Angola, Mauritania, South Africa and Zambia are accepted in Africa).
- Local standing
- Not served / restricted jurisdiction; no local authorisation.
- Licence as the register states it
- No XTB entity is licensed by Kenya's CMA; not authorised locally.
- Leverage for this entity
- Not applicable - XTB does not onboard Kenyan residents.
- The firm behind it
- Founded 2002 (Warsaw), HQ Poland; WSE-listed (XTB) since 2016; ~1M+ clients globally.
- What we hold against it
- Kenya explicitly on XTB's not-accepted list despite CMA-licensed rivals operating locally.
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.
Not applicable - XTB does not onboard Kenyan residents.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youNot served / restricted jurisdiction; no local authorisation.
- 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: Not available to Kenyan residents (global product: Standard, Pro, Islamic). 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.
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://tradingbeasts.com/xtb-list-of-supported-and-banned-countries
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (1 methods · 0 local rails)
Not applicable - onboarding not available (no M-Pesa integration).
- Account currency
- Not applicable; no KES account.
- Fee declared
- 0 of 0 methods
- Withdrawal back to
- the funding method
Where it does not serve(6 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.6 | 2,883 |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(2 for and 4 against, each tied to a figure on this page)
- Min deposit 0 USD, under the Kenya median 25
- Track record 100 of 100, its strongest of 6 scored axes
- Round turn 9 USD on the raw + commission basis, over the Kenya median 7
- No Kenya authorisation on file: the entity that onboards you is licensed elsewhere
- Withdrawal in 72 h, over the Kenya median 48
- Platforms 0 of 100, its weakest of 6 scored axes
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 9KE
- Min deposit, USD
- 25 groupKE
- Leverage
- 1000KE
- Rank in this country
- #17
- Round turn, USD
- 9KE
- Min deposit, USD
- 100 groupKE
- Leverage
- 400KE
- Rank in this country
- #13
- Round turn, USD
- 7KE
- Min deposit, USD
- 50KE
- Leverage
- 500KE
- Rank in this country
- #20
- Round turn, USD
- 7.5KE
- Min deposit, USD
- 50 groupKE
- Leverage
- 400KE
- Rank in this country
- #22
- Round turn, USD
- 7KE
- Min deposit, USD
- 100KE
- Leverage
- 500KE
- Rank in this country
- #18
- 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 | XTB |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 30 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 80 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| 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 | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
Where XTB sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · this broker 9 USD · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 0 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 XTB accept residents of Kenya?
- No. Not served / restricted jurisdiction; no local authorisation. Onboarding entity: XTB does NOT serve Kenya - Kenyan residents are on XTB's not-accepted list (only Angola, Mauritania, South Africa and Zambia are accepted in Africa).
- Is XTB licensed to serve clients in Kenya?
- No XTB entity is licensed by Kenya's CMA; not authorised locally. Checked on 09.07.2026.
- How much does one round turn cost at XTB?
- About 9.0 USD per standard lot on EUR/USD. The median across brokers measured for Kenya is 7.0 USD.
- How can I withdraw money from XTB in Kenya?
- Not applicable - onboarding not available (no M-Pesa integration).
- What account types does XTB offer?
- Not available to Kenyan residents (global product: Standard, Pro, Islamic).