Recalculated 2026-11-02 · Established 1999 · FXCM Markets entity
FXCM — Kenya
FXCM is rated 2.71 out of 5 by our formula (Rank #23 of 36) for traders in Kenya: round turn 7.5 USD, residents accepted — Yes.
Suits you if it takes residents of Kenya · a swap-free account is available · it runs 3 trading platforms
Look elsewhere if the round turn is 7.5 USD against a 7 USD median here · the minimum is 50 USD against 25 USD in this market · it holds no licence issued in Kenya
Key facts (8)
- Who actually onboards you
- FXCM Markets entity
- Licence number
- not stated
- Established
- 1999group
- Min deposit, USD
- 50.0 USDgroup
- Platforms
- Trading Station · MT4 · TradingView
- Local funding
- Bank transfer, cards
- Max leverage
- 400geo
- EURUSD
- 1.3 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 |
|---|---|---|---|---|---|
| FXCMStandard | — | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| FXCM | Kenya median | |
|---|---|---|
| Round turn, USD | 7.5 USD | 7.0 USD |
| Min deposit, USD | 50.0 USDgroup | 25.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1 to 3 business daysgroup | 48.0 h |
| EURUSD, standard | 1.3 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.2 pipsgroup | 0.0 pips |
| Established | 1999group | 2009.0 |
| Platforms | 3 | 3.0 |
Accepts residents without a Kenya licence
Foreign-regulated only FXCM is described as regulated by non-Kenyan regulators such as FCA, CySEC, ASIC, and FSCA, but not by Kenya’s CMA.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about FXCM.
- Who actually onboards you
- FXCM Markets entity
- Licence number
- —
- Local licence
- no
- Checked
- 2026-08-27
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% × 3.25+ 20.0% × 4.38+ 20.0% × 0.50+ 15.0% × 2.00+ 10.0% × 5.00+ 10.0% × 1.25= 2.71
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-08-27
one source also states it is accepted via an offshore Bermuda entity.
Who actually onboards you
FXCM Markets entity
Offshore entity
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
3 retail, 1 pro
A Kenya-focused review says FXCM offers three retail trading accounts plus one professional account.
How long a withdrawal takes
FXCM’s Africa mobile-money FAQ supports only Egypt, Ghana, Tanzania, and Uganda, so Kenya is not included; deposits and withdrawals are otherwise handled through the account funding flow and withdrawal requests via registered email.
Platforms and markets (3)
Trading Station · MT4 · TradingView
Forex, CFDs, crypto
The public rating
Rated "Excellent"
Upsides and the things that are missing
Pros (1)
- Swap-free account available
Cons (2)
- Round turn 7.5 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, Singapore, Brazil, Belgium, North Korea, Iran, Syria
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 (0)
0 sources, read on 2026-08-27. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
FAQ (5)
Does FXCM accept residents of Kenya?
Yes. FXCM is described as regulated by non-Kenyan regulators such as FCA, CySEC, ASIC, and FSCA, but not by Kenya’s CMA.
Which entity onboards a Kenya client of FXCM?
FXCM Markets entity
What licence does FXCM hold for Kenya?
No licence number is published for this country. one source also states it is accepted via an offshore Bermuda entity.
What does one EURUSD lot cost at FXCM?
7.5 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from FXCM take?
FXCM publishes 1 to 3 business days. Their own wording: “normally settle in 1 to 3 business days”.