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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.

Recalculated 2026-11-02 · Established 2016 · KW Investments Ltd

CAPEX — Kenya

CAPEX is rated 2.69 out of 5 by our formula (Rank #24 of 36) for traders in Kenya: round turn 6.5 USD, residents accepted — No.

Suits you if the round turn is 6.5 USD against a 7 USD median here · a swap-free account is available · it has been trading for 10 years

Look elsewhere if the minimum is 100 USD against 25 USD in this market · it holds no licence issued in Kenya · it does not take residents of Kenya

Key facts (8)

Who actually onboards you
KW Investments Ltd
Licence number
not stated
Established
2016group
Min deposit, USD
100 USDgroup
Platforms
CapexTrader · MT5
Local funding
Cards, bank wire, e-wallets. M-Pesa/local rails
Max leverage
300group
EURUSD
1.4 pipsgroup

Accounts (3)

CAPEX publishes no cost per lot for any account offered in Kenya.

See the 37 brokers here that publish one

This broker against the Kenya middle (37 of 56)

CAPEXKenya median
Round turn, USD6.5 USD7.0 USD
Min deposit, USD100 USDgroup25.0 USD
Max leverage300group500.0geo
Withdrawal, h1 business day to processgroup48.0 h
EURUSD, standard1.4 pipsgroup1.0 pips
EURUSD, raw0.3 pipsgroup0.0 pips
Established2016group2009.0
Platforms23.0
No

Does not accept residents of Kenya

Not CMA-regulated in Kenya. Post-NAGA merger CAPEX.com no longer accepts new clients; directed to NAGA Markets.

28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about CAPEX.

Who actually onboards you
KW Investments Ltd
Licence number
—
Local licence
no
Checked
2026-07-09

Score (6/6 axes)

2.69of 5

A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.

2.8Trader reviews25%
4.6Round-turn cost20%
0.5Licence and entity20%
4.0Withdrawal speed15%
2.5Track record10%
1.2Platforms and programs10%

Check:25.0% × 2.75+ 20.0% × 4.62+ 20.0% × 0.50+ 15.0% × 4.00+ 10.0% × 2.50+ 10.0% × 1.25= 2.69

Ranked against brokers measured on every axis

Licence check

Licence number
—
Checked
2026-07-09

Source

Who actually onboards you

KW Investments Ltd

Offshore entity

No Kenyan (CMA) entity. Historically onboarded via offshore KW Investments Ltd (Seychelles).

What one lot actually costs in Kenya (37 of 56)

Round turn, USD
6.5 USD
Median
7.0 USD

raw+commission

Account types and entry terms

Essential ($100), Original ($1,000), Signature ($25,000).

How long a withdrawal takes

Withdrawal, h
1 business day to processgroup

Platforms and markets (2)

CapexTrader · MT5

2,100+ instruments: FX, shares, ETFs, indices, commodities, crypto CFDs.

The public rating

Reviews
4.1/5 from 1,900 reviewsgroup

4.1 out of 5 • 1,900 reviews

Upsides and the things that are missing

Pros (3)

  • Round turn 6.5 USD against a Kenya median of 7.0
  • Swap-free account available
  • Withdrawal published at 1 business day to process; 3-7 business days to receive funds

Cons (1)

  • No local licence: the client is onboarded by a foreign entity

Where else a Kenya resident can go (6)

Where it does not serve

United States, Canada, Japan, Spain

Methodology

the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Sources (2)

2 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.

  1. The broker's own documents
  2. 1capex.com/en/licenses-and-regulationscapex.com · pageBroker
  3. Aggregators and directories
  4. 2fxnewsgroup.comfxnewsgroup.com · domainAggregator

FAQ (5)

Does CAPEX accept residents of Kenya?

No.

Which entity onboards a Kenya client of CAPEX?

KW Investments Ltd

What licence does CAPEX hold for Kenya?

No licence number is published for this country.

What does one EURUSD lot cost at CAPEX?

6.5 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.

How long does a withdrawal from CAPEX take?

CAPEX publishes 1 business day to process; 3-7 business days to receive funds. Their own wording: “it takes one business day (excluding weekends) for us to process it... it can take between 3 - 7 business days for you to receive the funds”.