Lowest cost per trade
Round turn, USD: 3 USD
56 brokers measured37 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026
Recalculated 2026-11-02 · 56 Brokers · 122 Accounts
Broker data for Kenya: licences, costs and who onboards you
The best broker in Kenya by our data is Exness (4.16/5): round turn 7 USD, minimum deposit no data, licensed locally. We measure 56 brokers and 122 accounts on price, rules, payouts, ratings and track record.
The base
In this ranking
56
Accounts
122
Rankings
15
Medians
Round turn, USD
7.0 USD
37 of 56
Min deposit, USD
25.0 USD
27 of 56
Max leverage
1:500
29 of 56
Coverage
Local licence
28
of 56
Ranked on all axes
36
of 56
Compare all 56 brokers and 122 accounts
56 of 56 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| # | Broker | Score | Round turn, USD | Min deposit, USD | Max leverage | Withdrawal, h | Platforms | Accepts KE residents |
|---|---|---|---|---|---|---|---|---|
| 1 |  ExnessExness (KE) Ltd | 4.16 | 7 | no data | no data | 24 | MetaTrader 4MetaTrader 5iOS | Yes |
| 2 |  FP MarketsKenyan clients can be… | 4.12 | 8 | 100group | 1:500group | 72 | MT4MT5cTrader | Yes |
| 3 | EGM Securities (FXPesa)EGM Securities Limited | 4.11 | 7 | 0 | 1:400 | 3 | web | Yes |
| 4 |  HFMHFM Investments Ltd | 4.10 | 6 | 0group | no data | 24 | MT4MT5HFM app. | Yes |
| 5 |  Capital.comKenyan clients are onboarded… | 4.09 | 7 | no data | 1:200 | 24 | mobile appplus MT4MT5 | Yes |
| 6 |  PepperstonePepperstone Markets Kenya… | 4.06 | 7 | 10 | 1:400 | 24 | MT4MT5cTrader | Yes |
| 7 |  Etica (Etica Capital MMF)Etica Capital Ltd | 3.71 | not priced | 100 | no data | 48 | — | Yes |
| 8 |  TMGMTrademax Global Markets (KE)… | 3.70 | 7 | 100 | 1:1000group | 24 | MT4MT5IRESS | Yes |
| 9 |  EquitiEGM Securities Ltd | 3.52 | 7 | 5 | 1:400 | 72 | MT4MT5 | Yes |
| 10 |  Fusion MarketsKenyan retail clients are… | 3.48 | 4.5 | 0 | 1:500 | 1 | MetaTrader 4MetaTrader 5cTrader | Offshore entity |
| 11 |  AdmiralsHistorically Admirals KE Ltd… | 3.48 | 6 | 25 | 1:500group | 72 | MT4MT5 | Yes |
| 12 |  LiteFinanceLiteFinance Global LLC | 3.42 | 5 | 50 | 1:500 | 24 | MT4MT5cTrader | Offshore entity |
| 13 |  BlackBull MarketsNot served - Kenya is… | 3.40 | 6 | 0group | 1:500group | 24 | MT4MT5cTrader | Yes |
| 14 |  Scope MarketsSCFM Limited | 3.33 | 9 | 100 | 1:400 | 48 | MT4 | Yes |
| 15 |  CFINo verified Kenya-local… | 3.16 | not priced | no data | 1:500group | 24 | MT4MT5cTrader. | Offshore entity |
| 16 |  TickmillTickmill Ltd | 3.16 | 6 | 100 | 1:500 | 24 | — | Yes |
| 17 |  AvaTradeAva Trade Markets Ltd | 3.00 | 9 | no data | 1:400 | 48 | MT4MT5WebTrader | Offshore entity |
| 18 |  JustMarketsInternational entity | 2.99 | 6 | 10group | 1:3000 | 0.0166667 | MT4MT5app | Offshore entity |
| 19 |  Trade NationTrade Nation Ltd | 2.95 | 6 | 0 | 1:200 | 24 | mobile) | Offshore entity |
| 20 |  Scope Markets KenyaSCFM (Kenya) Limited / SCFM… | 2.95 | 9 | 10 | 1:400 | 24 | MetaTrader 4mobileweb) | Yes |
| 21 |  OctaFXOcta Markets Ltd | 2.92 | 9 | 25group | 1:1000 | 72 | OctaTraderMT4MT5. | Offshore entity |
| 22 |  EightcapEightcap Global Limited | 2.84 | 7 | 100 | 1:500 | 48 | MT4MT5WebTrader | Offshore entity |
| 23 |  VantageKenyan retail clients are… | 2.81 | 6 | 50group | 1:500 | 120 | MT4MT5Vantage App | Offshore entity |
| 24 |  ThinkMarketsTF Global Markets Int Ltd | 2.79 | 7 | 50 | 1:500 | 4 | MT4MT5TradingView. | Offshore entity |
| 25 |  Moneta MarketsMoneta Markets Ltd | 2.75 | 3 | 50 | 1:1000 | 24 | MT4MT5 | Offshore entity |
| 26 |  FXCMFXCM Markets entity | 2.71 | 7.5 | 50group | 1:400 | 72 | MT4TradingView | Yes |
| 27 |  CAPEXKW Investments Ltd | 2.69 | 6.5 | 100group | 1:300group | 24 | — | No |
| 28 |  XMXM Global Limited | 2.64 | 17 | 5 | no data | 24 | MT4webmobile | Yes |
| 29 |  MultiBank GroupKenyan clients served via… | 2.64 | 6 | no data | 1:500 | 120 | MT4MT5 | Offshore entity |
| 30 |  FXTMExinity Capital East Africa… | 2.51 | 23 | 10 | 1:400 | 24 | MT4MT5 (desktopweb | Yes |
| 31 | Hisa (Hisa app)Faida Investment Bank Ltd | 2.50 | not priced | no data | no data | 24 | Android) | Not stated |
| 32 |  FBSFBS Markets Inc | 2.46 | 13 | no data | 1:3000 | no data | MT4MT5 | Offshore entity |
| 33 |  MitradeMitrade Holding Ltd | 2.41 | not priced | no data | 1:200 | 48 | web; no MT4MT5. | Offshore entity |
| 34 |  CMTradingGCMT Limited | 2.41 | 8 | 100 | 1:200 | 72 | MT4WebTrader | Offshore entity |
| 35 |  AlpariParlance Trading Ltd | 2.35 | 3.5 | 30 | 1:3000 | 24 | MetaTrader 4 | Offshore entity |
| 36 |  Sterling CapitalSterling Capital Ltd | 2.35 | not priced | no data | no data | no data | — | Yes |
| 37 |  FXGTGT Global Ltd | 2.34 | 14 | 5 | 1:5000 | 72 | MT4MT5app. | Offshore entity |
| 38 | Ziidi (Ziidi MMF)Safaricom PLC | 2.34 | not priced | no data | no data | 0 | M-PESA AppUSSD *334# | Yes |
| 39 | Dyer & Blair Investment BankBlair Investment Bank Limited | 2.31 | not priced | no data | no data | no data | Brokerage | Yes |
| 40 |  BDSwissKenyan clients are onboarded… | 2.27 | 5 | 10 | 1:2000 | 24 | MT4MT5iOS | Offshore entity |
| 41 |  Suntra Investment BankSuntra Investments Ltd… | 2.15 | not priced | no data | no data | no data | — | Yes |
| 42 |  Plus500Plus500CY Ltd | 2.10 | 13 | no data | 1:30 | 72 | WebTradermobile app | Yes |
| 43 |  XTBXTB does NOT serve Kenya… | 2.08 | 9 | 0group | no data | 72 | — | No |
| 44 |  T4TradeTradeco Ltd | 2.06 | 18 | 50 | 1:1000 | 48 | desktop | Offshore entity |
| 45 |  CMC MarketsCMC Markets does not accept… | 1.97 | not priced | 0group | 1:200group | 48 | not applicable | No |
| 46 |  IG MarketsIG International Ltd | 1.91 | 13.6 | 50group | 1:200 | 120 | IG webappProRealTime | Offshore entity |
| 47 |  AIB-AXYS AfricaAIB-AXYS Africa Ltd | 1.81 | not priced | no data | no data | no data | — | Yes |
| 48 | ABC CapitalABC Capital Ltd | 1.75 | not priced | 0 | no data | 120 | — | Yes |
| 49 | Faida Investment BankFaida Investment Bank Limited | no data | not priced | no data | no data | 48 | Onlinetrading portal | Yes |
| 50 |  Genghis CapitalGenghis Capital Limited | no data | not priced | 1 | no data | 72 | — | Yes |
| 51 |  Kestrel CapitalKestrel Capital (East Africa)… | no data | not priced | no data | no data | no data | — | Yes |
| 52 |  Kingdom SecuritiesKingdom Securities Limited | no data | not priced | no data | no data | no data | online trading | Yes |
| 53 |  Ndovu (Ndovu app)Waanzilishi Capital Ltd | no data | not priced | 5 | no data | 72 | Android)web | Yes |
| 54 | SBG SecuritiesSBG Securities Ltd — 100%… | no data | not priced | 100 | no data | no data | — | Yes |
| 55 | Standard Investment Bank (SIB / Mansa X)Standard Investment Bank… | no data | not priced | 2500 | no data | 72 | — | Yes |
| 56 |  Vuka (Vuka investment club)Vuka — tech-enabled real… | no data | not priced | no data | no data | no data | Android)web | Yes |
122 of 122 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| BlackBull MarketsECN Standard | 0 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| BlackBull MarketsECN Prime | 0 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsPrime+ | 0 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsStandard | 50 | 1.4advertised | Anyper standard lot | 14round turn, USD | — |
| BlackBull MarketsRaw | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsPro | 500 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| EightcapStandard | 100 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| EightcapRaw | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| Fusion MarketsZero Account | — | 0advertised | 4.5per standard lot | 4.5round turn, USD | — |
| Fusion MarketsClassic Account | — | 0.92advertised | Anyper standard lot | 9.2round turn, USD | — |
| Fusion MarketsSwap-Free Account | — | — | — | — | Swap-free |
| PepperstoneStandard | 0 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| PepperstoneRazor | 0 | 0advertised | 7per standard lot | 7round turn, USD | — |
| PepperstoneStandard account (swap-free) | — | 1.1advertised | Anyper standard lot | 11round turn, USD | Swap-free |
| Trade NationTN Trader / TradingView account | — | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
| AlpariMicro | 30 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| AlpariStandard | 100 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| AlpariECN | 300 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| AlpariPRO ECN | 500 | 0advertised | 5per standard lot | 5round turn, USD | — |
| BDSwissCent | 10 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| BDSwissClassic | 10 | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| BDSwissVIP | 250 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| BDSwissRaw | 500 | 0advertised | 10per standard lot | 10round turn, USD | — |
| CMC MarketsStandard Account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| CMC MarketsFX Active Account | — | 0advertised | 5per standard lot | 5round turn, USD | — |
| Capital.comStandard account | 20 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| FP MarketsStandard Account | — | — | Anyper standard lot | 0round turn, USD | Swap-free |
| FP MarketsRaw Account | — | 0advertised | 6per standard lot | 6round turn, USD | Swap-free |
| FXGTOptimus | 10 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| FXGTPRO | 50 | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| FXGTECN Zero | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| FXGTStandard+ | 10 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| FXGTMini | 5 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| LiteFinanceECN | 50 | 0advertised | 0.5per standard lot | 0.5round turn, USD | Swap-free |
| LiteFinanceCLASSIC | 50 | 1.8advertised | Anyper standard lot | 18round turn, USD | Swap-free |
| LiteFinanceCENT | 10 | 3advertised | Anyper standard lot | 30round turn, USD | Swap-free |
| Moneta MarketsDirect STP | 50 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| Moneta MarketsPrime ECN | 50 | 0advertised | 6per standard lot | 6round turn, USD | — |
| Moneta MarketsUltra ECN | 20000 | 0advertised | 2per standard lot | 2round turn, USD | — |
| TMGMEDGE | 0 | 0advertised | 7per standard lot | 7round turn, USD | — |
| TMGMCLASSIC | 0 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ThinkMarketsStandard | — | — | Any | — | — |
| ThinkMarketsThinkZero | 500 | 0advertised | 7per standard lot | 7round turn, USD | — |
| VantageStandard STP | 50 | — | Anyper standard lot | 0round turn, USD | — |
| VantageRAW ECN | 50 | — | — | — | — |
| VantagePRO ECN | 10000 | — | — | — | — |
| XMStandard Account | 5 | — | Anyper standard lot | 0round turn, USD | — |
| XMUltra Low Account | 5 | — | Anyper standard lot | 0round turn, USD | — |
| XTBStandard | — | — | Anyper standard lot | 0round turn, USD | — |
| FBSStandard | 5 | 0.7advertised | Anyper standard lot | 7round turn, USD | — |
| HFMInfinityX | 500 | 0.3advertised | Anyper standard lot | 3round turn, USD | Swap-free |
| HFMCent | 0 | 1.4advertised | Anyper standard lot | 14round turn, USD | Swap-free |
| HFMZero | 0 | 0advertised | — | 0round turn, USD | Swap-free |
| HFMPro | 100 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| HFMPremium | 0 | 1.4advertised | Anyper standard lot | 14round turn, USD | Swap-free |
| IG MarketsCFD trading account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| IG MarketsCFD trading account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| MitradeStandard Account | — | — | Any | — | — |
| MitradePro Account | — | — | Any | — | — |
| MultiBank GroupStandard | 50 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| MultiBank GroupPro | 1000 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| MultiBank GroupECN | 10000 | 0advertised | 6per standard lot | 6round turn, USD | — |
| OctaFXOctaTrader | 25 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| OctaFXMetaTrader 5 | 25 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| OctaFXMetaTrader 4 | 25 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| AdmiralsTrade.MT5 | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| AdmiralsZero.MT5 | — | 0advertised | 3.6per standard lot | 3.6round turn, USD | — |
| AdmiralsTrade.MT4 | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| AdmiralsZero.MT4 | — | 0advertised | — | 0round turn, USD | — |
| AdmiralsIslamic Trade.MT5 | — | 0.5advertised | — | 5round turn, USD | Swap-free |
| AvaTradeIslamic | — | — | — | — | Swap-free |
| CAPEXEssential | 100 | — | — | — | — |
| CAPEXOriginal | 5000 | — | — | — | — |
| CAPEXSignature | 25000 | — | — | — | — |
| FXTMMicro | 30 | 1.7advertised | Anyper standard lot | 17round turn, USD | — |
| FXTMRewards | 200 | 0.9advertised | Anyper standard lot | 9round turn, USD | — |
| FXTMRewards Plus | 200 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| FXTMAdvantage | 500 | 0advertised | 7per standard lot | 7round turn, USD | — |
| CFIZero Commission | — | 0.4advertised | Anyper standard lot | 4round turn, USD | — |
| EquitiClassic Account | 0 | — | Anyper standard lot | 0round turn, USD | — |
| EquitiStandard Account | 30 | — | Anyper standard lot | 0round turn, USD | — |
| EquitiPremier Account | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| T4TradeStandard | — | 1.8advertised | Anyper standard lot | 18round turn, USD | — |
| T4TradePremium | — | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
| T4TradePrivilege | — | 1.1advertised | Anyper standard lot | 11round turn, USD | — |
| T4TradeCent | — | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
| CMTradingBASIC ACCOUNT | 250 | — | Anyper standard lot | 0round turn, USD | — |
| CMTradingTRADER ACCOUNT | 2000 | — | Anyper standard lot | 0round turn, USD | — |
| CMTradingGOLD ACCOUNT | 20000 | 1.9advertised | Any | 19round turn, USD | — |
| CMTradingPREMIUM ACCOUNT | 85000 | 1.9advertised | Anyper standard lot | 19round turn, USD | — |
| CMTradingVIP CLUB | 250000 | — | — | — | — |
| Scope MarketsSilver/Gold | — | — | — | — | — |
| Scope Marketsdemo | — | — | — | — | — |
| Scope MarketsIslamic swap-free | — | — | — | — | Swap-free |
| Dyer & Blair Investment BankCDS account + brokerage trading account | — | — | — | — | — |
| Dyer & Blair Investment Bankinvestment management accounts | — | — | — | — | — |
| EGM Securities (FXPesa)Live Executive and Premiere accounts | — | — | — | — | — |
| EGM Securities (FXPesa)plus Islamic | — | — | — | — | Swap-free |
| Etica (Etica Capital MMF)MMF investment account | — | — | — | — | — |
| Faida Investment BankCDS account + brokerage trading account | — | — | — | — | — |
| Genghis CapitalCDS/brokerage trading account | — | — | — | — | — |
| Hisa (Hisa app)In-app investment account with KES | — | — | — | — | — |
| Kestrel CapitalCDS account + brokerage trading account | — | — | — | — | — |
| Ndovu (Ndovu app)In-app investment account | — | — | — | — | — |
| SBG SecuritiesCDS account + trading account | — | — | — | — | — |
| Scope Markets KenyaSilver | 10 | — | — | — | — |
| Scope Markets KenyaGold | 100 | — | — | — | — |
| Scope Markets KenyaScope Invest | 50 | — | — | — | — |
| Standard Investment Bank (SIB / Mansa X)Mansa-X Special Fund investment account | — | — | — | — | — |
| Vuka (Vuka investment club)Vuka investment club account | — | — | — | — | — |
| Plus500Real | — | — | Any | — | — |
| FXCMStandard | — | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| TickmillClassic Account | 100 | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
| TickmillRaw Account | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| TickmillTradingView Raw | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| JustMarketsStandard | 10 | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
| JustMarketsPro | 200 | 0.1advertised | Anyper standard lot | 1round turn, USD | — |
| JustMarketsRaw Spread | 200 | 0advertised | 6per standard lot | 6round turn, USD | — |
| ExnessStandard | — | 0.2advertised | Any | 2round turn, USD | — |
| ExnessPro | — | 0.1advertised | Any | 1round turn, USD | — |
| ExnessZero | — | 0advertised | 0.1per standard lot | 0.1round turn, USD | — |
| ExnessRaw Spread | — | 0advertised | 7per standard lot | 7round turn, USD | — |
The pick for each need (5)
Lowest minimum deposit
Min deposit, USD: 0 USD
Locally licensed
Score: 4.16
Fastest withdrawal
Withdrawal, h: 0 h
Highest leverage
Max leverage: 1:5000
Chosen automatically from 56 brokers. Brokers carrying a regulator warning are excluded.
The Kenya base, counted
Round-turn cost, USD (37 of 56)
Median 7.0 · Range 3.0–23.0 USD
Minimum deposit, USD (27 of 56)
Median 25.0 · Range 0.0–2500.0 USD
Retail leverage (29 of 56)
Median 500.0 · Range 30.0–5000.0 1:x
Withdrawal time, hours (47 of 56)
Median 48.0 · Range 0.0–120.0 h
Rankings (15)
Round turn, USD · 7
34 · In this ranking
Round turn, USD · 7
CMA-regulated brokers in Kenya
28 · In this ranking
Round turn, USD · 6.5
Brokers not authorised by the CMA in Kenya
25 · In this ranking
Round turn, USD · 7
35 · In this ranking
Round turn, USD · 7
Lowest minimum deposit in Kenya
27 · In this ranking
Round turn, USD · 7
Lowest EURUSD spreads in Kenya
36 · In this ranking
Round turn, USD · 7
Highest leverage available in Kenya
29 · In this ranking
Round turn, USD · 7
Brokers with local funding in Kenya
37 · In this ranking
Round turn, USD · 7
Raw-spread and ECN accounts in Kenya
27 · In this ranking
Round turn, USD · 7
35 · In this ranking
Round turn, USD · 7
29 · In this ranking
Round turn, USD · 7
25 · In this ranking
Round turn, USD · 6
Brokers with crypto CFDs in Kenya
10 · In this ranking
Round turn, USD · 7
44 · In this ranking
Round turn, USD · 8
10 · In this ranking
Guides (3)
Is it legal
Is forex trading legal in Kenya?
28 of 56 hold a local licence
How to check
How to verify a broker licence in Kenya
23 licence numbers published
What you owe
How trading profits are taxed in Kenya
Rates and filing, from the tax authority
Update log
1 dated event(s), newest first.
- DataFirst publication: 56 brokers, 122 accounts, 37 priced.