Lowest cost per trade
Round turn, USD: 3 USD
56 brokers measured37 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026
Brokers with local funding in Kenya
Key facts (6 · 37 of 56)
In this ranking
37 of 56
Ranked on all axes
21 of 37
Round turn, USD · Median
7.0 USD
Min deposit, USD · Median
25.0 USD
Max leverage
500.0geo
Withdrawal, h · Median
48.0 h
Top picks (3 / 21 of 37)
The pick for each need (3)
Lowest minimum deposit
Min deposit, USD: 0 USD
Fastest withdrawal
Withdrawal, h: 0.0166667 h
Chosen automatically from 37 brokers. Brokers carrying a regulator warning are excluded.
Compare all 37 brokers and 74 accounts
Sorted by computed score, highest first. Unscored brokers follow.
Showing 37 of 56 brokers that onboard Kenya residents.
37 of 37 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 | EGM Securities (FXPesa)EGM Securities Limited | 4.11 | 7 | 0 | 1:400 | 3 | web | Yes |
| 2 |  HFMHFM Investments Ltd | 4.10 | 6 | 0group | no data | 24 | MT4MT5HFM app. | Yes |
| 3 |  PepperstonePepperstone Markets Kenya… | 4.06 | 7 | 10 | 1:400 | 24 | MT4MT5cTrader | Yes |
| 4 |  Etica (Etica Capital MMF)Etica Capital Ltd | 3.71 | not priced | 100 | no data | 48 | — | Yes |
| 5 |  TMGMTrademax Global Markets (KE)… | 3.70 | 7 | 100 | 1:1000group | 24 | MT4MT5IRESS | Yes |
| 6 |  EquitiEGM Securities Ltd | 3.52 | 7 | 5 | 1:400 | 72 | MT4MT5 | Yes |
| 7 |  AdmiralsHistorically Admirals KE Ltd… | 3.48 | 6 | 25 | 1:500group | 72 | MT4MT5 | Yes |
| 8 |  Scope MarketsSCFM Limited | 3.33 | 9 | 100 | 1:400 | 48 | MT4 | Yes |
| 9 |  TickmillTickmill Ltd | 3.16 | 6 | 100 | 1:500 | 24 | — | Yes |
| 10 |  JustMarketsInternational entity | 2.99 | 6 | 10group | 1:3000 | 0.0166667 | MT4MT5app | Offshore entity |
| 11 |  Trade NationTrade Nation Ltd | 2.95 | 6 | 0 | 1:200 | 24 | mobile) | Offshore entity |
| 12 |  Scope Markets KenyaSCFM (Kenya) Limited / SCFM… | 2.95 | 9 | 10 | 1:400 | 24 | MetaTrader 4mobileweb) | Yes |
| 13 |  OctaFXOcta Markets Ltd | 2.92 | 9 | 25group | 1:1000 | 72 | OctaTraderMT4MT5. | Offshore entity |
| 14 |  EightcapEightcap Global Limited | 2.84 | 7 | 100 | 1:500 | 48 | MT4MT5WebTrader | Offshore entity |
| 15 |  VantageKenyan retail clients are… | 2.81 | 6 | 50group | 1:500 | 120 | MT4MT5Vantage App | Offshore entity |
| 16 |  Moneta MarketsMoneta Markets Ltd | 2.75 | 3 | 50 | 1:1000 | 24 | MT4MT5 | Offshore entity |
| 17 |  FXCMFXCM Markets entity | 2.71 | 7.5 | 50group | 1:400 | 72 | MT4TradingView | Yes |
| 18 |  XMXM Global Limited | 2.64 | 17 | 5 | no data | 24 | MT4webmobile | Yes |
| 19 |  FXTMExinity Capital East Africa… | 2.51 | 23 | 10 | 1:400 | 24 | MT4MT5 (desktopweb | Yes |
| 20 | Hisa (Hisa app)Faida Investment Bank Ltd | 2.50 | not priced | no data | no data | 24 | Android) | Not stated |
| 21 |  CMTradingGCMT Limited | 2.41 | 8 | 100 | 1:200 | 72 | MT4WebTrader | Offshore entity |
| 22 |  Sterling CapitalSterling Capital Ltd | 2.35 | not priced | no data | no data | no data | — | Yes |
| 23 | Dyer & Blair Investment BankBlair Investment Bank Limited | 2.31 | not priced | no data | no data | no data | Brokerage | Yes |
| 24 |  Suntra Investment BankSuntra Investments Ltd… | 2.15 | not priced | no data | no data | no data | — | Yes |
| 25 |  Plus500Plus500CY Ltd | 2.10 | 13 | no data | 1:30 | 72 | WebTradermobile app | Yes |
| 26 |  T4TradeTradeco Ltd | 2.06 | 18 | 50 | 1:1000 | 48 | desktop | Offshore entity |
| 27 |  IG MarketsIG International Ltd | 1.91 | 13.6 | 50group | 1:200 | 120 | IG webappProRealTime | Offshore entity |
| 28 |  AIB-AXYS AfricaAIB-AXYS Africa Ltd | 1.81 | not priced | no data | no data | no data | — | Yes |
| 29 | ABC CapitalABC Capital Ltd | 1.75 | not priced | 0 | no data | 120 | — | Yes |
| 30 | Faida Investment BankFaida Investment Bank Limited | no data | not priced | no data | no data | 48 | Onlinetrading portal | Yes |
| 31 |  Genghis CapitalGenghis Capital Limited | no data | not priced | 1 | no data | 72 | — | Yes |
| 32 |  Kestrel CapitalKestrel Capital (East Africa)… | no data | not priced | no data | no data | no data | — | Yes |
| 33 |  Kingdom SecuritiesKingdom Securities Limited | no data | not priced | no data | no data | no data | online trading | Yes |
| 34 |  Ndovu (Ndovu app)Waanzilishi Capital Ltd | no data | not priced | 5 | no data | 72 | Android)web | Yes |
| 35 | SBG SecuritiesSBG Securities Ltd — 100%… | no data | not priced | 100 | no data | no data | — | Yes |
| 36 | Standard Investment Bank (SIB / Mansa X)Standard Investment Bank… | no data | not priced | 2500 | no data | 72 | — | Yes |
| 37 |  Vuka (Vuka investment club)Vuka — tech-enabled real… | no data | not priced | no data | no data | no data | Android)web | Yes |
74 of 74 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 |
|---|---|---|---|---|---|
| EightcapStandard | 100 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| EightcapRaw | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| 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 | — |
| 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 | — |
| 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 | — |
| 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 | — |
| 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 |
| 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 | — |
| 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 | — |
Local entity against offshore: what the figures say
A leverage figure is published for 29 of 56 brokers here: 7 onboard through a local entity (median 1:400); 11 onboard through a offshore entity (median 1:500); 11 onboard through a unclear entity (median 1:500).
| Onboarding entity | Brokers with a figure | Max leverage · Median | Range |
|---|---|---|---|
| local | 7 of 56 | 1:400geo | 1:200–1:500 |
| offshore | 11 of 56 | 1:500geo | 1:200–1:3000 |
| unclear | 11 of 56 | 1:500geo | 1:30–1:5000 |
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
How to choose (5)
- 1Onboarding entityCheck the entity in the last column: Kenya residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
- 2Round turn, USDCompare the round turn against the median of 7.0 USD, measured on 37 of 56 brokers rather than on the whole base.
- 3ScoreTreat a blank as a blank: 16 of 37 brokers here are missing at least one axis and are listed without a score.
- 4Max leverageRead the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
- 5Licence numberOpen the licence number on the broker page and check it in the register before funding.
Related rankings (6)
Methodology
the weighted mean of six axes, each on the same 0–5 scale. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.
FAQ (4)
How many brokers are in this ranking?
37 of 56 of the 56 brokers in our Kenya base, and 21 of 37 of them are measured on all six axes.
How is the order decided?
By the computed score: the weighted mean of six axes, each on the same 0–5 scale. A broker without a review rating or without a round-turn price is listed but not ranked.
Which broker leads brokers with local funding in kenya?
HFM with 4.1 of 5 and a round turn of 6.0 USD.
What does trading cost in Kenya on average?
The median round turn on one EURUSD lot is 7.0 USD, measured on 37 of 56 brokers.
Update log
1 dated event(s), newest first.
- DataFirst publication: 37 brokers, 74 accounts, 37 priced.