Recalculated 2026-11-02 · Established 2020 · Waanzilishi Capital Ltd
Ndovu (Ndovu app) — Kenya
Ndovu (Ndovu app) is rated no data out of 5 by our formula (score withheld) for traders in Kenya: round turn not priced, residents accepted — Yes.
Suits you if you can open with 5 USD · it takes residents of Kenya · it holds a local licence
Key facts (8)
- Who actually onboards you
- Waanzilishi Capital Ltd
- Licence number
- not stated
- Established
- 2020group
- Min deposit, USD
- 5 USDgeo
- Platforms
- Ndovu mobile app (iOS and Android) · web
- Local funding
- Direct M-Pesa integration (fund and withdraw); b
- Max leverage
- —
- EURUSD
- —
Accounts (1)
Ndovu (Ndovu app) publishes no cost per lot for any account offered in Kenya.
This broker against the Kenya middle (37 of 56)
| Ndovu (Ndovu app) | Kenya median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | 5 USDgeo | 25.0 USD |
| Max leverage | — | 500.0geo |
| Withdrawal, h | 2-3 business daysgroup | 48.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2020group | 2009.0 |
| Platforms | 2 | 3.0 |
Licensed in Kenya
CMA-regulated domestic (fund manager / investment adviser digital platform)
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Ndovu (Ndovu app).
- Who actually onboards you
- Waanzilishi Capital Ltd
- Licence number
- —
- Local licence
- yes
- Checked
- 2026-07-11
Score (4/6 axes)
Not scored: Shown, not ranked: no review-platform rating
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- —
- Checked
- 2026-07-11
Who actually onboards you
Waanzilishi Capital Ltd
Locally licensed entity
Ndovu — online platform owned/run by Waanzilishi Capital Ltd (Kenya)
What one lot actually costs in Kenya (37 of 56)
Account types and entry terms
In-app investment account (goal-based plans); portfolios of stocks/ETFs/bonds/MMF
How long a withdrawal takes
Platforms and markets (2)
Ndovu mobile app (iOS and Android) · web
Local & global stocks (fractional, e.g. Nvidia), global ETFs (S&P 500, gold, bond/commodity ETFs), government bonds, unit trusts, money market fund (Ndovu Fund)
The public rating
Ndovu is rated 5.0 on the App Store from 3 reviews
Upsides and the things that are missing
Pros (1)
- Licensed locally: register entry
Cons (0)
- —
Where else a Kenya resident can go (6)
Where it does not serve
United States, Canada, 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 (4)
4 sources, read on 2026-07-11. 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
- 2ndovu.co/kendovu.co · pageBroker
- 3ndovu.co/pricing-kendovu.co · pageBroker
- Aggregators and directories
- 4cioafrica.co/cma-grants-fund-management-license-to-waanzilishicioafrica.co · pageAggregator
FAQ (4)
Does Ndovu (Ndovu app) accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of Ndovu (Ndovu app)?
Waanzilishi Capital Ltd
What licence does Ndovu (Ndovu app) hold for Kenya?
No licence number is published for this country.
How long does a withdrawal from Ndovu (Ndovu app) take?
Ndovu (Ndovu app) publishes 2-3 business days. Their own wording: “Funds transfer to your bank account within 2-3 business days.”.