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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 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 · accountMin deposit, USDSpreadCommissionCost per lotSwap-free
Fusion MarketsZero Account—0advertised4.5per standard lot4.5round turn, USD—
Fusion MarketsClassic Account—0.92advertisedAnyper standard lot9.2round turn, USD—
No published cost per lot:
  • Swap-Free Account

This broker against the Kenya middle (37 of 56)

Fusion MarketsKenya median
Round turn, USD4.5 USD7.0 USD
Min deposit, USD0 USDgeo25.0 USD
Max leverage500geo500.0geo
Withdrawal, hunder 1 hourgroup48.0 h
EURUSD, standard0.9 pipsgroup1.0 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2017group2009.0
Platforms43.0
Through an offshore entity

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)

3.48of 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.

4.2Trader reviews25%
5.0Round-turn cost20%
0.5Licence and entity20%
5.0Withdrawal speed15%
2.2Track record10%
3.5Platforms and programs10%

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

Source

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)

Round turn, USD
4.5 USD
Median
7.0 USD

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

Withdrawal, h
under 1 hourgroup

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

Reviews
4.7/5, 4909 reviewsgroup

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%

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. 1fusionmarkets.com/About-us/Regulationsfusionmarkets.com · pageBroker
  3. Aggregators and directories
  4. 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”.