Recalculated 2026-11-02 · Established 2014 · SCFM (Kenya) Limited / SCFM KE LTD, trad
Scope Markets Kenya — Kenya
Scope Markets Kenya is rated 2.95 out of 5 by our formula (Rank #17 of 36) for traders in Kenya: round turn 9 USD, residents accepted — Yes.
Suits you if you can open with 10 USD · it takes residents of Kenya · a swap-free account is available
Look elsewhere if the round turn is 9 USD against a 7 USD median here
Key facts (8)
- Who actually onboards you
- SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (pa
- Licence number
- s 123
- Established
- 2014group
- Min deposit, USD
- 10 USDgeo
- Platforms
- MetaTrader 4 · MetaTrader 5
- Local funding
- M-Pesa (instant deposits/withdrawals, min withdr
- Max leverage
- 400geo
- EURUSD
- 0.1 pipsgeo
Accounts (3)
Scope Markets Kenya publishes no cost per lot for any account offered in Kenya.
This broker against the Kenya middle (37 of 56)
| Scope Markets Kenya | Kenya median | |
|---|---|---|
| Round turn, USD | 9.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 25.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1 working daygeo | 48.0 h |
| EURUSD, standard | 0.1 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.2 pipsgeo | 0.0 pips |
| Established | 2014group | 2009.0 |
| Platforms | 2 | 3.0 |
Licensed in Kenya
CMA-regulated domestic (non-dealing online forex broker)
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Scope Markets Kenya.
- Who actually onboards you
- SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (part of the internatio
- Licence number
- s 123
- Local licence
- yes
- Checked
- 2026-07-11
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% × 0.00+ 20.0% × 4.00+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 3.00+ 10.0% × 2.50= 2.95
Ranked against brokers measured on every axis
Licence check
- Licence number
- s 123
- Checked
- 2026-07-11
Who actually onboards you
SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (part of the international Scope Markets group)
Locally licensed entity
What one lot actually costs in Kenya (37 of 56)
raw+commission
Account types and entry terms
Silver (MT5, USD base, entry-level, ~$10 min), Gold (MT5, KES base, tighter spreads, ~$100 min, up to 1:400), Scope Inve
How long a withdrawal takes
Platforms and markets (2)
MetaTrader 4 · MetaTrader 5
Forex, CFDs (indices, commodities, metals), plus real shares (NSE-listed and global) via Scope Invest
The public rating
Trustpilot rating of 2.5 out of 5 based on 52 reviews
Upsides and the things that are missing
Pros (3)
- Licensed locally: s 123
- Swap-free account available
- Withdrawal published at 1 working day for mobile money; 1-2 working days for bank withdrawals; same day if requested before 18:00 GMT+3
Cons (1)
- Round turn 9.0 USD against a Kenya median of 7.0
Where else a Kenya resident can go (6)
Where it does not serve
United States, Canada, United Kingdom, Australia, North Korea, Iran
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.ke/licenses/5licensees.cma.or.ke · pageRegister
- The broker's own documents
- 2scopemarkets.co.ke/enscopemarkets.co.ke · pageBroker
- Aggregators and directories
- 3wealthykenyans.co.ke/make-money-with-scope-markets-in-kenyawealthykenyans.co.ke · pageAggregator
- 4bestbrokers.com/reviews/scope-marketsbestbrokers.com · pageAggregator
FAQ (5)
Does Scope Markets Kenya accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of Scope Markets Kenya?
SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (part of the international Scope Markets group)
What licence does Scope Markets Kenya hold for Kenya?
Licence s 123.
What does one EURUSD lot cost at Scope Markets Kenya?
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 Scope Markets Kenya take?
Scope Markets Kenya publishes 1 working day for mobile money; 1-2 working days for bank withdrawals; same day if requested before 18:00 GMT+3. Their own wording: “For mobile money withdrawals, the turnaround shall be a maximum of one (1) working day... Bank withdrawal requests shall be processed within 1-2 working days...”.