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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 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.

See the 37 brokers here that publish one

This broker against the Kenya middle (37 of 56)

Ndovu (Ndovu app)Kenya median
Round turn, USD—7.0 USD
Min deposit, USD5 USDgeo25.0 USD
Max leverage—500.0geo
Withdrawal, h2-3 business daysgroup48.0 h
EURUSD, standard—1.0 pips
EURUSD, raw—0.0 pips
Established2020group2009.0
Platforms23.0
Yes

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)

—of 5

Not scored: Shown, not ranked: no review-platform rating

4.5Licence and entity20% → 36.4%
2.0Withdrawal speed15% → 27.3%
1.5Track record10% → 18.2%
0.0Platforms and programs10% → 18.2%

Shown, not ranked: no review-platform rating

Licence check

Licence number
—
Checked
2026-07-11

Register

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)

Round turn, USD
—
Median
7.0 USD

Account types and entry terms

In-app investment account (goal-based plans); portfolios of stocks/ETFs/bonds/MMF

How long a withdrawal takes

Withdrawal, h
2-3 business daysgroup

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

Reviews
5.0/3 (App Store)group

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%

Methodology

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.

  1. Regulator registers
  2. 1licensees.cma.or.kelicensees.cma.or.ke · domainRegister
  3. The broker's own documents
  4. 2ndovu.co/kendovu.co · pageBroker
  5. 3ndovu.co/pricing-kendovu.co · pageBroker
  6. Aggregators and directories
  7. 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.”.