Recalculated 2026-11-02 · Established 2011 · Exinity Capital East Africa Ltd
FXTM — Kenya
FXTM is rated 2.51 out of 5 by our formula (Rank #27 of 36) for traders in Kenya: round turn 23 USD, residents accepted — Yes.
Suits you if you can open with 10 USD · it takes residents of Kenya · a swap-free account is available
Look elsewhere if the round turn is 23 USD against a 7 USD median here
Key facts (8)
- Who actually onboards you
- Exinity Capital East Africa Ltd
- Licence number
- 135
- Established
- 2011group
- Min deposit, USD
- 10 USDgeo
- Platforms
- MT4 · MT5 · FXTM app
- Local funding
- M-Pesa (Safaricom), Airtel Money KE, Equitel KE
- Max leverage
- 400geo
- EURUSD
- 1.6 pipsgeo
Accounts (4)
4 of 4 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 |
|---|---|---|---|---|---|
| FXTMMicro | 30 | 1.7advertised | Anyper standard lot | 17round turn, USD | — |
| FXTMRewards | 200 | 0.9advertised | Anyper standard lot | 9round turn, USD | — |
| FXTMRewards Plus | 200 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| FXTMAdvantage | 500 | 0advertised | 7per standard lot | 7round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| FXTM | Kenya median | |
|---|---|---|
| Round turn, USD | 23.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 25.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | within 24 business hoursgroup | 48.0 h |
| EURUSD, standard | 1.6 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.0 pips | 0.0 pips |
| Established | 2011group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in Kenya
Genuinely locally regulated by CMA; among the compliant CMA brokers in Kenya.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about FXTM.
- Who actually onboards you
- Exinity Capital East Africa Ltd
- Licence number
- 135
- Local licence
- yes
- 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% × 0.75+ 20.0% × 0.50+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 3.75+ 10.0% × 2.50= 2.51
Ranked against brokers measured on every axis
Licence check
- Licence number
- 135
- Checked
- 2026-07-09
Who actually onboards you
Exinity Capital East Africa Ltd
Offshore entity
Served locally via Exinity Capital East Africa Ltd, a Kenyan entity with a Nairobi office.
What one lot actually costs in Kenya (37 of 56)
standard
Account types and entry terms
Standard/Cent/ECN range; Islamic available.
How long a withdrawal takes
Platforms and markets (3)
MT4 · MT5 · FXTM app
FX, indices, commodities, stock CFDs, limited crypto CFDs.
The public rating
Evaluating 92 reviews
Upsides and the things that are missing
Pros (3)
- Licensed locally: 135
- Swap-free account available
- Withdrawal published at within 24 business hours
Cons (1)
- Round turn 23.0 USD against a Kenya median of 7.0
Where else a Kenya resident can go (6)
Where it does not serve
United States, Mauritius, Japan, Canada, Haiti, Iran, Suriname, Democratic People's Republic of Korea, Puerto Rico, Occupied Area of Cyprus, Quebec, Iraq, Syria, Cuba, Belarus, Myanmar, Russia, India
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.
- Regulator registers
- 1licensees.cma.or.kelicensees.cma.or.ke · domainRegister
- The broker's own documents
- 2fxtm.comfxtm.com · domainBroker
- Aggregators and directories
- 3safeforexbrokers.co.ke/reviews/fxtm-reviewsafeforexbrokers.co.ke · pageAggregator
FAQ (5)
Does FXTM accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of FXTM?
Exinity Capital East Africa Ltd
What licence does FXTM hold for Kenya?
Licence 135.
What does one EURUSD lot cost at FXTM?
23.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from FXTM take?
FXTM publishes within 24 business hours. Their own wording: “We release funds from FXTM within 24 business hours of your withdrawal request.”.