Recalculated 2026-11-02 · Established 1998 · No verified Kenya-local entity; Kenyan c
CFI — Kenya
CFI is rated 3.16 out of 5 by our formula (scored, but outside the ranking) for traders in Kenya: round turn not priced, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 3 trading platforms · it has been trading for 28 years
Look elsewhere if it holds no licence issued in Kenya · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- No verified Kenya-local entity; Kenyan clients likely served via offsh
- Licence number
- not stated
- Established
- 1998group
- Min deposit, USD
- —
- Platforms
- MT4 · MT5 · cTrader
- Local funding
- M-Pesa/local methods not verified for CFI at rev
- Max leverage
- 500group
- EURUSD
- 0.4 pipsgroup
Accounts (1)
1 of 1 accounts with a published cost per lot
1 of 1 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 |
|---|---|---|---|---|---|
| — | 0.4advertised | Anyper standard lot | 4round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| CFI | Kenya median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | — | 25.0 USD |
| Max leverage | 500group | 500.0geo |
| Withdrawal, h | same day or next working daygroup | 48.0 h |
| EURUSD, standard | 0.4 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 1998group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Not verified as CMA-Kenya regulated; if onboarding Kenyans, done under offshore regulation. Kenya requires CMA licence to market to residents.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about CFI.
- Who actually onboards you
- No verified Kenya-local entity; Kenyan clients likely served via offshore/international CF
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (5/6 axes)
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.
Check:31.2% × 4.00+ 25.0% × 0.00+ 18.7% × 4.00+ 12.5% × 5.00+ 12.5% × 4.25= 3.16
Shown, not ranked: no round-turn price
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
No verified Kenya-local entity; Kenyan clients likely served via offshore/international CFI entity.
Offshore entity
What one lot actually costs in Kenya (37 of 56)
Account types and entry terms
Group accounts (zero-commission / raw) presumed; Kenya-specific terms not verified.
How long a withdrawal takes
Platforms and markets (3)
MT4 · MT5 · cTrader
FX, indices, commodities, shares, ETFs, crypto CFDs (group offering).
The public rating
CFI has a Trustpilot rating of 4.6 out of 5, based on 917 reviews (as of August 2026).
Upsides and the things that are missing
Pros (2)
- Swap-free account available
- Withdrawal published at same day or next working day
Cons (3)
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
- Minimum deposit for this country not published
Where else a Kenya resident can go (6)
Where it does not serve
USA, Sudan, Syria, Republic of Korea, Belgium
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%
Sources (4)
4 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1licensees.cma.or.kelicensees.cma.or.ke · domainRegister
- 2cma.or.kecma.or.ke · domainRegister
- The broker's own documents
- 3cfi.tradecfi.trade · domainBroker
- Aggregators and directories
- 4kenyanwallstreet.comkenyanwallstreet.com · domainAggregator
FAQ (4)
Does CFI accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of CFI?
No verified Kenya-local entity; Kenyan clients likely served via offshore/international CFI entity.
What licence does CFI hold for Kenya?
No licence number is published for this country.
How long does a withdrawal from CFI take?
CFI publishes same day or next working day. Their own wording: “process withdrawal requests on the same day they are made, or on the next working day”.