Recalculated 2026-11-02 · Established 2010 · Pepperstone Markets Kenya Limited
Pepperstone — Kenya
Pepperstone is rated 4.06 out of 5 by our formula (Rank #5 of 36) for traders in Kenya: round turn 7 USD, residents accepted — Yes.
Suits you if you can open with 10 USD · it takes residents of Kenya · a swap-free account is available
Key facts (8)
- Who actually onboards you
- Pepperstone Markets Kenya Limited
- Licence number
- 128
- Established
- 2010group
- Min deposit, USD
- 10 USDgeo
- Platforms
- MT4 · MT5 · cTrader · TradingView
- Local funding
- M-PESA mobile money, local Kenyan bank transfer,
- Max leverage
- 400geo
- EURUSD
- 1.0 pipsgeo
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 |
|---|---|---|---|---|---|
| PepperstoneStandard | 0 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| PepperstoneRazor | 0 | 0advertised | 7per standard lot | 7round turn, USD | — |
| PepperstoneStandard account (swap-free) | — | 1.1advertised | Anyper standard lot | 11round turn, USD | Swap-free |
This broker against the Kenya middle (37 of 56)
| Pepperstone | Kenya median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 25.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1 business daygroup | 48.0 h |
| EURUSD, standard | 1.0 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2010group | 2009.0 |
| Platforms | 5 | 3.0 |
Licensed in Kenya
Locally regulated (CMA Kenya); participates in an investor-compensation fund covering eligible client losses up to KES 500,000.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Pepperstone.
- Who actually onboards you
- Pepperstone Markets Kenya Limited
- Licence number
- 128
- 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% × 3.25+ 20.0% × 4.50+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 4.00+ 10.0% × 3.50= 4.06
Ranked against brokers measured on every axis
Licence check
- Licence number
- 128
- Checked
- 2026-07-09
Who actually onboards you
Pepperstone Markets Kenya Limited
Locally licensed entity
Kenyan clients are onboarded under the genuine LOCAL entity Pepperstone Markets Kenya Limited, regulated by the Capital Markets Authority (CMA).
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Standard (spread-only, no commission) and Razor (raw-spread ECN + commission from ~USD 3.50/lot per side); no minimum de
How long a withdrawal takes
Platforms and markets (5)
MT4 · MT5 · cTrader · TradingView · Pepperstone's proprietary TradingView-powered platform
1,200+ instruments: 90+ forex pairs, indices, commodities/metals, share CFDs, ETFs and crypto CFDs.
The public rating
Pepperstone is rated 4.3/5 from more than 3,000 Trustpilot reviews
Upsides and the things that are missing
Pros (3)
- Licensed locally: 128
- Swap-free account available
- Withdrawal published at 1 business day
Cons (1)
- Round turn 7.0 USD against a Kenya median of 7.0
Where else a Kenya resident can go (6)
Where it does not serve
Afghanistan, American Samoa, Antarctica, Armenia, Belarus, Belgium, Belize, Bhutan, Bosnia and Herzegovina, Cameroon, Canada, Central African Republic, Chad, Congo, Congo, the Democratic Republic of the, Côte d’Ivoire, Cuba, Eritrea, French Guiana, French Polynesia, Guadeloupe, Guam, Guinea, Guinea-Bissau, Guyana, Haiti, Holy See, Iran, Iraq, Japan, Kazakhstan, Lebanon, Liberia, Libya, Malaysia, M
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
- 1cma.or.kecma.or.ke · domainRegister
- The broker's own documents
- 2pepperstone.com/enpepperstone.com · pageBroker
- Aggregators and directories
- 3tradeforex.co.ke/broker-reviews/pepperstonetradeforex.co.ke · pageAggregator
FAQ (5)
Does Pepperstone accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of Pepperstone?
Pepperstone Markets Kenya Limited
What licence does Pepperstone hold for Kenya?
Licence 128.
What does one EURUSD lot cost at Pepperstone?
7.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Pepperstone take?
Pepperstone publishes 1 business day. Their own wording: “Withdrawals are usually processed by Pepperstone within 1 business day”.