Recalculated 2026-11-02 · Established 2011 · Octa Markets Ltd
OctaFX — Kenya
OctaFX is rated 2.92 out of 5 by our formula (Rank #18 of 36) for traders in Kenya: round turn 9 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 3 trading platforms · it has been trading for 15 years
Look elsewhere if the round turn is 9 USD against a 7 USD median here · 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
- Octa Markets Ltd
- Licence number
- not stated
- Established
- 2011group
- Min deposit, USD
- 25 USDgroup
- Platforms
- OctaTrader · MT4 · MT5
- Local funding
- M-Pesa and local bank commonly cited; verify at
- Max leverage
- 1000geo
- EURUSD
- 0.6 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.
This broker against the Kenya middle (37 of 56)
| OctaFX | Kenya median | |
|---|---|---|
| Round turn, USD | 9.0 USD | 7.0 USD |
| Min deposit, USD | 25 USDgroup | 25.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | 3 business daysgroup | 48.0 h |
| EURUSD, standard | 0.6 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.9 pipsgroup | 0.0 pips |
| Established | 2011group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Not regulated by Kenya CMA; considered high-risk/offshore. No specific CMA alert verified.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about OctaFX.
- Who actually onboards you
- Octa Markets Ltd
- Licence number
- —
- 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% × 4.50+ 20.0% × 4.00+ 20.0% × 0.00+ 15.0% × 2.00+ 10.0% × 3.75+ 10.0% × 3.25= 2.92
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Octa Markets Ltd
Offshore entity
KE clients served under offshore Octa Markets Ltd (Mwali/MISA, Comoros); no CMA-licensed local entity.
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Micro (MT4), Pro (MT5), OctaTrader; min USD 25.
How long a withdrawal takes
Platforms and markets (3)
OctaTrader · MT4 · MT5
FX, metals, indices, commodities, crypto & stock CFDs.
The public rating
581 Customer Reviews of octabroker.com, Rated 4.2/5
Upsides and the things that are missing
Pros (1)
- Swap-free account available
Cons (2)
- Round turn 9.0 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, United Kingdom, Canada, European Union, Israel, Japan, New Zealand, North Korea, Iran, Myanmar, Philippines
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.
- Regulator registers
- 1cma.or.kecma.or.ke · domainRegister
- Aggregators and directories
- 2octabroker.comoctabroker.com · domainAggregator
FAQ (5)
Does OctaFX accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of OctaFX?
Octa Markets Ltd
What licence does OctaFX hold for Kenya?
No licence number is published for this country.
What does one EURUSD lot cost at OctaFX?
9.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from OctaFX take?
OctaFX publishes 3 business days. Their own wording: “OctaFX typically processes withdrawals in 3 business days”.