Recalculated 2026-11-02 · Established 2019 · Moneta Markets Ltd
Moneta Markets — Kenya
Moneta Markets is rated 2.75 out of 5 by our formula (Rank #22 of 36) for traders in Kenya: round turn 3 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 3 USD against a 7 USD median here · a swap-free account is available · it runs 4 trading platforms
Look elsewhere if the minimum is 50 USD against 25 USD in this market · 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
- Moneta Markets Ltd
- Licence number
- SD144
- Established
- 2019group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · PRO Trader · AppTrader
- Local funding
- Bank/wire, Visa/Mastercard, FasaPay, SticPay and
- Max leverage
- 1000geo
- EURUSD
- 1.2 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 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 |
|---|---|---|---|---|---|
| Moneta MarketsDirect STP | 50 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| Moneta MarketsPrime ECN | 50 | 0advertised | 6per standard lot | 6round turn, USD | — |
| Moneta MarketsUltra ECN | 20000 | 0advertised | 2per standard lot | 2round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| Moneta Markets | Kenya median | |
|---|---|---|
| Round turn, USD | 3.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgeo | 25.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | within 24 hoursgroup | 48.0 h |
| EURUSD, standard | 1.2 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2019group | 2009.0 |
| Platforms | 4 | 3.0 |
Onboards residents through an offshore entity
Offshore (Seychelles FSA); not licensed by Kenya's Capital Markets Authority; no local investor-compensation scheme.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Moneta Markets.
- Who actually onboards you
- Moneta Markets Ltd
- Licence number
- SD144
- 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% × 2.50+ 20.0% × 5.00+ 20.0% × 0.50+ 15.0% × 4.00+ 10.0% × 1.75+ 10.0% × 2.50= 2.75
Ranked against brokers measured on every axis
Licence check
- Licence number
- SD144
- Checked
- 2026-07-09
Who actually onboards you
Moneta Markets Ltd
Offshore entity
Kenyan retail clients are onboarded by Moneta Markets Ltd, St Lucia-registered (RIBC 2023-00068) under Seychelles FSA licence SD144.
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Direct STP (min USD 50, spread-only from ~1.2 pips), Prime ECN (min USD 50, from 0.0 pips + ~USD 3/side), Ultra ECN (min
How long a withdrawal takes
Platforms and markets (4)
MT4 · MT5 · PRO Trader · AppTrader
1,000+ instruments: forex, indices, commodities, share CFDs, crypto CFDs, ETFs and bonds.
The public rating
Considering 159 reviews
Upsides and the things that are missing
Pros (3)
- Round turn 3.0 USD against a Kenya median of 7.0
- Swap-free account available
- Withdrawal published at within 24 hours; 1-7 business days
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
Canada, Cyprus, France, Spain, Russia, Ukraine, Italy, United States, Australia, United Kingdom, Singapore, Japan
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
- 1monetamarkets.com/about-us/moneta-markets/regulationmonetamarkets.com · pageBroker
- Aggregators and directories
- 2daytrading.com/moneta-marketsdaytrading.com · pageAggregator
FAQ (5)
Does Moneta Markets accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of Moneta Markets?
Moneta Markets Ltd
What licence does Moneta Markets hold for Kenya?
Licence SD144.
What does one EURUSD lot cost at Moneta Markets?
3.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Moneta Markets take?
Moneta Markets publishes within 24 hours; 1-7 business days. Their own wording: “Withdrawals are generally processed within 24 hours... it can take between 1-7 business days”.