CMA-regulated brokers in Kenya
Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.
Key facts (27 of 55 counts · 52 brokers onboarding Kenyan residents)
Top 3 (of 3 ranked)
CMA-regulated brokers in Kenya (27 of 55)
| # | Broker | Round turn, USDKE | Min deposit, USDKE | Leverage | Withdrawal, hKE | Score | Execution | Founded | Funding |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 8 | 100 group | 500 groupKE | 72 | 4.47 | ECN/raw + standard | 2005 | 3 methods | |
| 2 | 6 | 0 group | 2000 groupKE | 24 | 4.46 | ECN/raw + standard | 2010 | 2 methods · local | |
| 3 | 7 | 0 | 400KE | 3 | 4.46 | ECN/raw + standard | 2019 | 2 methods · local | |
| 4 | 7 | 20 group | 200KE | 24 | 4.45 | Standard | 2016 | 3 methods | |
| 5 | 7 | 10 | 400KE | 24 | 4.44 | ECN/raw + standard | 2010 | 4 methods · local | |
| 6 | — | 100 | —stated, not verified | 48 | 4.23 | — | — | 2 methods · local | |
| 7 | 7 | 100 | 1000 groupKE | 24 | 4.22 | ECN/raw + standard | 2013 | 6 methods · local | |
| 8 | 7 | 5 | 400KE | 72 | 4.12 | ECN/raw + standard | 2008 | 5 methods · local | |
| 9 | 6 | 25 | 500 groupKE | 72 | 4.08 | ECN/raw + standard | 2001 | 4 methods · local | |
| 10 | 9 | 100 | 400KE | 48 | 4 | ECN/raw + standard | — | 4 methods · local | |
| 11 | 9 | 10 | 400KE | 24 | 3.77 | ECN/raw + standard | 2014 | 2 methods · local | |
| 12 | 17 | 5 | —stated, not verified | 24 | 3.58 | Standard | 2009 | 3 methods · local | |
| 13 | 23 | 10 | 400KE | 24 | 3.51 | Standard | 2011 | 5 methods · local | |
| 14 | — | — | —stated, not verified | — | 3.41 | — | 1994 | 2 methods · local | |
| 15 | — | 100 KES | —stated, not verified | 0 | 3.41 | — | 2024 | 1 methods | |
| 16 | — | — | —stated, not verified | — | 3.38 | — | 1954 | 2 methods · local | |
| 17 | — | — | —stated, not verified | — | 3.29 | — | 1990 | 2 methods · local | |
| 18 | — | — | —stated, not verified | — | 3.08 | — | 2020 | 2 methods · local | |
| 19 | — | 0 | —stated, not verified | 120 | 3.05 | — | 1954 | 2 methods · local | |
| 20 | — | — | —stated, not verified | 48 | — | — | 1995 | 2 methods · local | |
| 21 | — | 1 | —stated, not verified | 72 | — | — | 2008 | 2 methods · local | |
| 22 | — | — | —stated, not verified | — | — | — | 1994 | 1 methods · local | |
| 23 | — | — | —stated, not verified | — | — | — | 2008 | 2 methods · local | |
| 24 | — | 5 | —stated, not verified | 72 | — | — | 2020 | 2 methods · local | |
| 25 | — | 100 | —stated, not verified | — | — | — | 2007 | 2 methods · local | |
| 26 | — | 2500 | —stated, not verified | 72 | — | — | 1995 | 2 methods · local | |
| 27 | — | 2500 KES | —stated, not verified | — | — | — | — | 2 methods · local |
"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.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
FXTM publishes a retail leverage of 1:400 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.
Identical for every row, so it is stated once: Who onboards Local · CMA Kenya · Swap-free fee none, no limit · KES account Yes.
1. FP Markets — highest score of the three · locally licensed (score 4.47)
- Round turn
- 8 USD
- Withdrawal
- 1-3 business days
- KES account
- USD/EUR/GBP/AUD and others; local KES account availability not verified at review.
- Leverage
- 500 groupKE
- Licence
- CMA Kenya 103
- Accepts residents
- yes
- Onboarding entity
- Kenyan clients can be onboarded under the locally licensed subsidiary FP Markets Ltd (FP Markets Limited), or via the offshore arm.
- Founded
- 2005
- Register
- https://fpmarkets.com/blog/fpmarkets-awarded-fx-broker-licence-in-kenya · 09.07.2026
- Group leverage
- localgroup
- Instruments
- 10,000+ CFDs: 60+ FX pairs, indices, commodities, shares, ETFs, bonds and crypto CFDs.
- Platforms
- Funding
- Not served
- Reviews25%90
- Round-turn cost20%85
- Safety100
- Payouts15%40
- Track record10%
- Platforms70
Round turn 8 USD against the slice median 7 USD. strongest axis safety 100 of 100. total score 4.47.
Watch forPayouts axis 58 of 100; e-wallet times not published.
2. HFM — cheapest priced of the three · locally licensed · withdrawal in 24 h (score 4.46)
- Round turn
- 6 USD
- Withdrawal
- same business day if submitted before 10:00am server time; following business day if submitted after 10:00am server time
- KES account
- USD; KES funding via M-Pesa.
- Leverage
- 2000 groupKE
- Licence
- CMA Kenya 155
- Accepts residents
- yes
- Onboarding entity
- HFM Investments Ltd
- Founded
- 2010
- Register
- https://forexbroker.co.ke · 09.07.2026
- Group leverage
- offshore
- Instruments
- FX, metals, indices, shares, commodities, crypto CFDs.
- Platforms
- Funding
- Not served
Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.46.
Watch forMin deposit 200 USD, double the Kenya median of 50; withdrawal time not published.
3. Capital.com — locally licensed · withdrawal in 24 h (score 4.45)
- Round turn
- 7 USD
- Withdrawal
- within 24 hours
- KES account
- USD-denominated; local KES account availability not verified at review.
- Leverage
- 200KE
- Licence
- 244
- Accepts residents
- yes
- Onboarding entity
- Kenyan clients are onboarded by a locally licensed entity - Capital.com received a Capital Markets Authority (CMA) Kenya licence in January 2026.
- Founded
- 2016
- Register
- https://capital.com/en-int/press · 09.07.2026
- Group leverage
- localgroup
- Instruments
- CFD-only broker; 4,500-6,000+ CFDs across shares, indices, commodities, forex, crypto and ETFs (285+ crypto CFDs).
- Platforms
- Funding
- Not served
Round turn 7 USD against the slice median 7 USD. strongest axis safety 100 of 100. total score 4.45.
Watch forOnboards Kenyan residents through an offshore entity: no CMA Kenya licence, no CMA Kenya complaints route, no KES account.
What the data shows(27 of 55 distributions · 52 brokers)
Swap-free availability (27 of 55 brokers)
Admin fee after the free period (27 of 55 swap-free)
Who onboards Kenyan residents (27 of 55 brokers)
KES account (27 of 55 brokers)
Licensed in Kenya, or not (55 of 55)
Who grants the leverage figure (37 of 55)
Full list(27 of 55)
- 1FP Markets4.47
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 8
- Min deposit, USD
- 100 group
- Leverage
- 500 groupKE
- KES
- Yes
- 2HFM4.46
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 0 group
- Leverage
- 2000 groupKE
- KES
- Yes
- 3EGM Securities (FXPesa)4.46
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 0
- Leverage
- 400KE
- KES
- Yes
- 4Capital.com4.45
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 20 group
- Leverage
- 200KE
- KES
- Yes
- 5Pepperstone4.44
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 10
- Leverage
- 400KE
- KES
- Yes
- 6Etica (Etica Capital MMF)4.23
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Min deposit, USD
- 100
- KES
- Yes
- 7TMGM4.22
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100
- Leverage
- 1000 groupKE
- KES
- Yes
- 8Equiti4.12
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 5
- Leverage
- 400KE
- KES
- Yes
- 9Admirals4.08
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 25
- Leverage
- 500 groupKE
- KES
- Yes
- 10Scope Markets4
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 100
- Leverage
- 400KE
- KES
- Yes
- 11Scope Markets Kenya3.77
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 10
- Leverage
- 400KE
- KES
- Yes
- 12XM3.58
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 17
- Min deposit, USD
- 5
- KES
- Yes
- 13FXTM3.51
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 23
- Min deposit, USD
- 10
- Leverage
- 400KE
- KES
- Yes
- 14Sterling Capital3.41
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- KES
- Yes
- 15Ziidi (Ziidi MMF)3.41
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Min deposit, USD
- 100 KES
- KES
- Yes
- 16Dyer & Blair Investment Bank3.38
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- KES
- Yes
- 17Suntra Investment Bank3.29
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- KES
- Yes
- 18AIB-AXYS Africa3.08
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- KES
- Yes
- 19ABC Capital3.05
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Min deposit, USD
- 0
- KES
- Yes
How to read this ranking
- Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
- Check which company would onboard you.
The same brand can take a resident of Kenya through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
- Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 25.0 USD; a low deposit beside a wide spread takes the difference back on every trade.
Neighbouring slices(6 rankings · 6 explainers)
FAQ
- How many brokers qualify for this ranking in Kenya?
- 27 of 55 brokers measured for this country qualify.
- Which broker leads it, and on what basis?
- FP Markets leads it with a score of 4.47. The order is computed score, highest first; unscored brokers follow.
- What does a trade typically cost here?
- The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
- Why do some rows show a dash instead of a figure?
- Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
How this slice is scored
Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology
Verified · What changed · Sources(27 of 55 broker records)
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.