Data read 11 Nov 2026 158 prop firms · 10,748 terms · 11 exchanges

Forex brokers that take clients from Kenya

Which forex brokers take clients from Kenya?

0 of 24

brokers we read say in their own words that they take clients from Kenya. 12 more are a yes by our reading, tagged, with the reason on each row.

Read · each broker's own pages · Link to this fact

Risk warning Leveraged trading carries a high risk of losing money. Data, not advice.

What the rules in Kenya say. Foreign brokers without a local licence: not allowed.

without the relevant licence … commits an offence · cma.or.ke, 10 November 2026

Brokers that take clients from Kenya

Strongest evidence first: its own words, then a licence we hold, then our judgement. Then by how many local ways to pay it names. This is not a ranking.

Forex brokers that take clients from Kenya: the evidence, local ways to pay, minimum deposit, maximum leverage and swap-free account
BrokerWhy yesLocal to KenyaMinimum depositMax leverageSwap-free
FXPesa Yes judged
Kenya isn't on its list of countries it doesn't serve.
M-PesaKenyan shilling (KES)Local regulator No minimum (Standard); from $100 (Premier) 1:400 (EGM Securities Limited, Kenya)
Axi Yes judged
Kenya isn't on Axi's list of places it doesn't serve.
Kenyan shilling (KES) $100 recommended (Standard, Premium); $25,000 recommended (Elite) 1000:1 (AxiTrader LLC, SVG) on all account types yes (Islamic account); fixed overnight holding fee instead of swaps
FXTM Yes judged
Kenya isn't on its list of countries it doesn't serve.
Local regulator 30 USD/EUR (Micro account) Up to 1:5000, floating (Rewards Plus and Rewards accounts, Exinity Limited) Yes, chosen when you create your profile (applies to all accounts on it); not on Micro or Advantage Stocks
Admirals Yes judged
Kenya isn't on its list of countries it doesn't serve.
none named 100 EUR / 100 USD (Trade and Zero accounts); 1 EUR / 1 USD (Invest.MT5) 1:30 on forex for retail clients (Admirals Europe Ltd, CySEC); the site we were served shows the EU company only Yes, on Trade.MT5 (Islamic account); flat administration fee after 3 days (1 day for crypto, exotics, metals and energies)
CMC Markets Yes judged
Kenya isn't on CMC Markets' list of places it doesn't serve.
none named No minimum deposit 200:1 (CMC Markets Bermuda, BMA), CFD trading and FX Active accounts
Exness Yes judged
Kenya isn't on its list of countries it doesn't serve.
none named Yes, on most popular assets (terms apply)
FBS Yes judged
Kenya isn't on its list of countries it doesn't serve.
none named $5 1:3000 (FBS Markets Inc., Belize)
IC Markets Yes judged
Kenya isn't on IC Markets' list of places it doesn't serve.
none named $0 (Raw Spread, cTrader and Standard); Raw Pro $5,000; Raw Pro+ $100,000 1:5000 on FX (Raw Trading Ltd, Seychelles FSA); dynamic, lower above 25 lots yes, on Raw Spread and Standard (MT4, MT5, cTrader); flat overnight holding fee applies
RoboForex Yes judged
Kenya isn't on its list of countries it doesn't serve.
none named 10 USD / 10 EUR (Prime, Pro, ProCent, ECN); 100 USD (R StocksTrader) 1:2000 (Pro and ProCent, RoboForex Ltd, FSC Belize); cut to 1:1000 when equity exceeds 10,000 USD Yes, swap-free offered on all account types listed
Tickmill Yes judged
Kenya isn't on Tickmill's list of places it doesn't serve.
none named $100 (Classic and Raw); $1,000 for futures accounts 1:1000 (Dynamic Leverage on MT5, Tickmill Trader, TradingView; selected FX symbols), 1:500 by default and on MT4 yes, on all account types, for eligible clients
TMGM Yes judged
Kenya isn't on its list of countries it doesn't serve.
none named From $100 (EDGE and CLASSIC; the same page's FAQ says no minimum deposit is required); $15 for the Cent account 1:1000 (EDGE and CLASSIC; global companies, not the ASIC one) Yes (EDGE and CLASSIC): no swaps, but a financing fee on some instruments (e.g. $2.00 on EURUSD; unit not stated) after a 5-day grace period
Ultima Markets Yes judged
Kenya isn't on its list of countries it doesn't serve.
none named 1:2000 (international companies; not the UK company)

"Local regulator" means the broker names a regulator in Kenya among its licences. A local way to pay is one the broker names on its own funding pages. Check the broker's page before you deposit: lists change.

Local ways to pay, broker by broker

Brokers that say no to Kenya

A "no" is about where a broker takes clients. It is not a rating.

No answer yet for Kenya: Pepperstone, XS.com, Capital.com, Deriv, Eightcap, eToro, Global Prime, IG, JustMarkets, M4Markets, OANDA.

Head to head: Exness vs IC Markets · IC Markets vs CMC Markets.

Other countries: Bangladesh · India · Indonesia · Malaysia · Nigeria · Pakistan · South Africa · the UAE · the UK · the US.

Every forex broker side by side · fx-brokers.csv (CC BY 4.0)

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