Recalculated 2026-11-02 · Established 2008 · Plus500CY Ltd
Plus500 — Kenya
Plus500 is rated 2.10 out of 5 by our formula (Rank #33 of 36) for traders in Kenya: round turn 13 USD, residents accepted — Yes.
Suits you if it takes residents of Kenya · a swap-free account is available · it has been trading for 18 years
Look elsewhere if the round turn is 13 USD against a 7 USD median here · it holds no licence issued in Kenya
Key facts (8)
- Who actually onboards you
- Plus500CY Ltd
- Licence number
- not stated
- Established
- 2008group
- Min deposit, USD
- —
- Platforms
- WebTrader · mobile app
- Local funding
- No KES payments
- Max leverage
- 30geo
- EURUSD
- 1.3 pipsgroup
Accounts (1)
Plus500 publishes no cost per lot for any account offered in Kenya.
This broker against the Kenya middle (37 of 56)
| Plus500 | Kenya median | |
|---|---|---|
| Round turn, USD | 13.0 USD | 7.0 USD |
| Min deposit, USD | — | 25.0 USD |
| Max leverage | 30geo | 500.0geo |
| Withdrawal, h | 1-3 business daysgroup | 48.0 h |
| EURUSD, standard | 1.3 pipsgroup | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2008group | 2009.0 |
| Platforms | 2 | 3.0 |
Accepts residents without a Kenya licence
Not CMA regulated The Kenya-specific results state that Plus500 is not regulated by the Capital Markets Authority of Kenya.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Plus500.
- Who actually onboards you
- Plus500CY Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-08-27
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% × 3.00+ 20.0% × 3.00+ 20.0% × 0.00+ 15.0% × 2.00+ 10.0% × 4.50+ 10.0% × 0.00= 2.1
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-08-27
The active regulatory reference tied to Plus500’s retail CFD business is Cyprus’ CySEC under Plus500CY Ltd.
Who actually onboards you
Plus500CY Ltd
Entity not established
What one lot actually costs in Kenya (37 of 56)
standard
Account types and entry terms
Real, Demo, Islamic
The Kenya review states Plus500 offers one retail trading account plus Demo and Islamic accounts.
How long a withdrawal takes
The Kenya results describe common funding through standard account-deposit methods, with different minimums by method; deposits and withdrawals are generally presented as fee-free.
Platforms and markets (2)
WebTrader · mobile app
CFDs, shares, futures
The public rating
Considering 1,827 reviews
Upsides and the things that are missing
Pros (1)
- Swap-free account available
Cons (3)
- Round turn 13.0 USD against a Kenya median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Minimum deposit for this country not published
Where else a Kenya resident can go (6)
Where it does not serve
Nigeria, Belgium
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 (0)
0 sources, read on 2026-08-27. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
FAQ (5)
Does Plus500 accept residents of Kenya?
Yes. The Kenya-specific results state that Plus500 is not regulated by the Capital Markets Authority of Kenya.
Which entity onboards a Kenya client of Plus500?
Plus500CY Ltd
What licence does Plus500 hold for Kenya?
No licence number is published for this country. The active regulatory reference tied to Plus500’s retail CFD business is Cyprus’ CySEC under Plus500CY Ltd.
What does one EURUSD lot cost at Plus500?
13.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Plus500 take?
Plus500 publishes 1-3 business days. Their own wording: “Withdrawal requests are normally processed within 1-3 business days.”.