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Tsavo Desk SponsoredExness
56 brokers measured37 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.
Compiled and checked by the Tsavo Desk editorial deskScore recalculated 02.11.2026How we counted this

Brokers not authorised by the CMA in Kenya

Key facts (6 · 25 of 56)

In this ranking
25 of 56
Ranked on all axes
22 of 25
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 / 22 of 25)

1. Fusion Markets

Score 3.48 · Round turn, USD 4.5 USD

Read the review

2. LiteFinance

Score 3.42 · Round turn, USD 5.0 USD

Read the review

3. BlackBull Markets

Score 3.4 · Round turn, USD 6.0 USD

Read the review

The pick for each need (4)

Fastest withdrawal

JustMarkets

Withdrawal, h: 0.0166667 h

Highest leverage

FXGT

Max leverage: 1:5000

Chosen automatically from 25 brokers. Brokers carrying a regulator warning are excluded.

Compare all 25 brokers and 67 accounts

Sorted by computed score, highest first. Unscored brokers follow.
Showing 25 of 56 brokers that onboard Kenya residents.

25 of 25 shown

Click a column heading to sort. Figures are list terms, no promo codes.

#BrokerScoreRound turn, USDMin deposit, USDMax leverageWithdrawal, hPlatformsAccepts KE residents
1Fusion MarketsKenyan retail clients are…3.484.501:5001MetaTrader 4MetaTrader 5cTraderOffshore entity
2LiteFinanceLiteFinance Global LLC3.425501:50024MT4MT5cTraderOffshore entity
3BlackBull MarketsNot served - Kenya is…3.4060group1:500group24MT4MT5cTraderYes
4CFINo verified Kenya-local…3.16not pricedno data1:500group24MT4MT5cTrader.Offshore entity
5TickmillTickmill Ltd3.1661001:50024—Yes
6AvaTradeAva Trade Markets Ltd3.009no data1:40048MT4MT5WebTraderOffshore entity
7JustMarketsInternational entity2.99610group1:30000.0166667MT4MT5appOffshore entity
8Trade NationTrade Nation Ltd2.95601:20024mobile)Offshore entity
9OctaFXOcta Markets Ltd2.92925group1:100072OctaTraderMT4MT5.Offshore entity
10EightcapEightcap Global Limited2.8471001:50048MT4MT5WebTraderOffshore entity
11VantageKenyan retail clients are…2.81650group1:500120MT4MT5Vantage AppOffshore entity
12ThinkMarketsTF Global Markets Int Ltd2.797501:5004MT4MT5TradingView.Offshore entity
13Moneta MarketsMoneta Markets Ltd2.753501:100024MT4MT5Offshore entity
14FXCMFXCM Markets entity2.717.550group1:40072MT4TradingViewYes
15MultiBank GroupKenyan clients served via…2.646no data1:500120MT4MT5Offshore entity
16Hisa (Hisa app)Faida Investment Bank Ltd2.50not pricedno datano data24Android)Not stated
17FBSFBS Markets Inc2.4613no data1:3000no dataMT4MT5Offshore entity
18MitradeMitrade Holding Ltd2.41not pricedno data1:20048web; no MT4MT5.Offshore entity
19CMTradingGCMT Limited2.4181001:20072MT4WebTraderOffshore entity
20AlpariParlance Trading Ltd2.353.5301:300024MetaTrader 4Offshore entity
21FXGTGT Global Ltd2.341451:500072MT4MT5app.Offshore entity
22BDSwissKenyan clients are onboarded…2.275101:200024MT4MT5iOSOffshore entity
23Plus500Plus500CY Ltd2.1013no data1:3072WebTradermobile appYes
24T4TradeTradeco Ltd2.0618501:100048desktopOffshore entity
25IG MarketsIG International Ltd1.9113.650group1:200120IG webappProRealTimeOffshore entity

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 entityBrokers with a figureMax leverage · MedianRange
local
7 of 56
1:400geo1:200–1:500
offshore
11 of 56
1:500geo1:200–1:3000
unclear
11 of 56
1:500geo1:30–1:5000

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)

  1. 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.
  2. 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.
  3. 3ScoreTreat a blank as a blank: 3 of 25 brokers here are missing at least one axis and are listed without a score.
  4. 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.
  5. 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.

Methodology

FAQ (4)

How many brokers are in this ranking?

25 of 56 of the 56 brokers in our Kenya base, and 22 of 25 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 not authorised by the cma in kenya?

Fusion Markets with 3.48 of 5 and a round turn of 4.5 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.

  1. DataFirst publication: 25 brokers, 67 accounts, 37 priced.