Recalculated 2026-11-02 · Established 2012 · GCMT Limited
CMTrading — Kenya
CMTrading is rated 2.41 out of 5 by our formula (Rank #29 of 36) for traders in Kenya: round turn 8 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 4 trading platforms · it has been trading for 14 years
Look elsewhere if the round turn is 8 USD against a 7 USD median here · the minimum is 100 USD against 25 USD in this market · it holds no licence issued in Kenya
Key facts (8)
- Who actually onboards you
- GCMT Limited
- Licence number
- not stated
- Established
- 2012group
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · WebTrader · mobile app · copy-trading
- Local funding
- M-Pesa (instant, commission-free), cards, bank t
- Max leverage
- 200geo
- EURUSD
- 1.5 pipsgroup
Accounts (5)
4 of 5 accounts with a published cost per lot
4 of 4 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 |
|---|---|---|---|---|---|
| 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 | — |
No published cost per lot:
| |||||
This broker against the Kenya middle (37 of 56)
| CMTrading | Kenya median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 25.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | 72.0 hgroup | 48.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2012group | 2009.0 |
| Platforms | 4 | 3.0 |
Onboards residents through an offshore entity
NOT locally regulated by Kenya's CMA. Operates as offshore broker accepting Kenyan clients. No CMTrading-specific CMA alert verified at review.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about CMTrading.
- Who actually onboards you
- GCMT Limited
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 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:25.0% × 2.75+ 20.0% × 4.25+ 20.0% × 0.50+ 15.0% × 2.00+ 10.0% × 3.50+ 10.0% × 1.25= 2.41
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
GCMT Limited
Offshore entity
Served via offshore GCMT Limited (FSA Seychelles); no Kenyan entity.
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Basic/Silver/Gold/Premium/VIP; entry min ~USD 300 (or lower via local methods).
How long a withdrawal takes
Platforms and markets (4)
MT4 · WebTrader · mobile app · copy-trading
FX, indices, commodities, shares, crypto CFDs.
The public rating
rated "Great" with 4.1 / 5 on Trustpilot
Upsides and the things that are missing
Pros (1)
- Swap-free account available
Cons (2)
- Round turn 8.0 USD against a Kenya median of 7.0
- 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, North Korea, Iran, Syria, EU member states
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 (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1cmtrading.com/m-pesacmtrading.com · pageBroker
- 2cmtrading.com/where-is-cmtrading-authorizedcmtrading.com · pageBroker
- Aggregators and directories
- 3fxscouts.co.kefxscouts.co.ke · domainAggregator
FAQ (5)
Does CMTrading accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of CMTrading?
GCMT Limited
What licence does CMTrading hold for Kenya?
No licence number is published for this country.
What does one EURUSD lot cost at CMTrading?
8.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from CMTrading take?
CMTrading publishes 72.0 hours. Their own wording: “Your withdrawal request will be processed within 3 business days.”.