Recalculated 2026-11-02 · Established 2017 · Kenyan retail clients are onboarded unde
Fusion Markets — Kenya
Fusion Markets is rated 3.48 out of 5 by our formula (Rank #8 of 36) for traders in Kenya: round turn 4.5 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 4.5 USD against a 7 USD median here · you can open with 0 USD · a swap-free account is available
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
- Kenyan retail clients are onboarded under the offshore arms Gleneagle
- Licence number
- SD096
- Established
- 2017group
- Min deposit, USD
- 0 USDgeo
- Platforms
- MetaTrader 4 · MetaTrader 5 · cTrader · TradingView
- Local funding
- Bank wire, Visa/Mastercard, Skrill, Neteller, Pa
- Max leverage
- 500geo
- EURUSD
- 0.9 pipsgroup
Accounts (3)
2 of 3 accounts with a published cost per lot
2 of 2 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 |
|---|---|---|---|---|---|
| — | 0advertised | 4.5per standard lot | 4.5round turn, USD | — | |
| — | 0.92advertised | Anyper standard lot | 9.2round turn, USD | — | |
No published cost per lot:
| |||||
This broker against the Kenya middle (37 of 56)
| Fusion Markets | Kenya median | |
|---|---|---|
| Round turn, USD | 4.5 USD | 7.0 USD |
| Min deposit, USD | 0 USDgeo | 25.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | under 1 hourgroup | 48.0 h |
| EURUSD, standard | 0.9 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2017group | 2009.0 |
| Platforms | 4 | 3.0 |
Onboards residents through an offshore entity
Offshore (VFSC/Seychelles) for Kenyan clients; no local CMA authorisation and no local investor-compensation scheme; not verified on a CMA warning list.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Fusion Markets.
- Who actually onboards you
- Kenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limit
- Licence number
- SD096
- 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% × 4.25+ 20.0% × 5.00+ 20.0% × 0.50+ 15.0% × 4.96+ 10.0% × 2.25+ 10.0% × 3.50= 3.48
Ranked against brokers measured on every axis
Licence check
- Licence number
- SD096
- Checked
- 2026-07-09
Who actually onboards you
Kenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusio
Locally licensed entity
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Zero account (raw spreads from 0.0 pips + AUD 4.50/side commission) and Classic account (all-in spreads, no commission);
How long a withdrawal takes
Platforms and markets (4)
MetaTrader 4 · MetaTrader 5 · cTrader · TradingView
250+ instruments: 90+ forex pairs, metals, commodities, indices, share CFDs and crypto CFDs.
The public rating
Evaluating 4,909 reviews
Upsides and the things that are missing
Pros (3)
- Round turn 4.5 USD against a Kenya median of 7.0
- Swap-free account available
- Withdrawal published at under 1 hour
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
Afghanistan, Democratic Republic of Congo, Republic of Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, US Minor Outlying Islands, US Virgin Islands
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 (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.
- The broker's own documents
- 1fusionmarkets.com/About-us/Regulationsfusionmarkets.com · pageBroker
- Aggregators and directories
- 2tradersunion.comtradersunion.com · domainAggregator
FAQ (5)
Does Fusion Markets accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of Fusion Markets?
Kenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA).
What licence does Fusion Markets hold for Kenya?
Licence SD096.
What does one EURUSD lot cost at Fusion Markets?
4.5 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Fusion Markets take?
Fusion Markets publishes under 1 hour. Their own wording: “most processed in under 1 hour”.