Recalculated 2026-11-02 · Established 2014 · Trade Nation Ltd
Trade Nation — Kenya
Trade Nation is rated 2.95 out of 5 by our formula (Rank #16 of 36) for traders in Kenya: round turn 6 USD, residents accepted — Through an offshore entity.
Suits you if the round turn is 6 USD against a 7 USD median here · you can open with 0 USD · a swap-free account is available
Look elsewhere if 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
- Trade Nation Ltd
- Licence number
- not stated
- Established
- 2014
- Min deposit, USD
- 0 USDgeo
- Platforms
- TN Trader · MetaTrader 4
- Local funding
- Visa/Mastercard and bank transfer; local KES M-P
- Max leverage
- 200geo
- EURUSD
- 0.6 pipsgeo
Accounts (1)
1 of 1 accounts with a published cost per lot
1 of 1 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 |
|---|---|---|---|---|---|
| — | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
This broker against the Kenya middle (37 of 56)
| Trade Nation | Kenya median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 0 USDgeo | 25.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | within 1 business daygroup | 48.0 h |
| EURUSD, standard | 0.6 pipsgeo | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2014 | 2009.0 |
| Platforms | 2 | 3.0 |
Onboards residents through an offshore entity
Offshore (SCB Bahamas); not authorised by Kenya's Capital Markets Authority (CMA) and no local compensation scheme.
28 of 56 brokers in our base hold a licence issued in Kenya. That is a fact about the market, not about Trade Nation.
- Who actually onboards you
- Trade Nation 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% × 3.50+ 20.0% × 4.75+ 20.0% × 0.50+ 15.0% × 4.00+ 10.0% × 3.00+ 10.0% × 1.25= 2.95
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Trade Nation Ltd
Offshore entity
Kenyan retail clients are onboarded under the offshore entity Trade Nation Ltd, regulated by the Securities Commission of The Bahamas (SCB).
What one lot actually costs in Kenya (37 of 56)
standard
Account types and entry terms
Two live tiers - lower-leverage (up to 1:30) and higher-leverage (up to 1:200), plus demo; TN Trader is fixed-spread, MT
How long a withdrawal takes
Platforms and markets (2)
TN Trader · MetaTrader 4
1,000+ instruments - ~40 forex pairs, ~1,100 share CFDs, plus indices, commodities and crypto CFDs.
The public rating
rated "Excellent" with 4.4 / 5 on Trustpilot
Upsides and the things that are missing
Pros (3)
- Round turn 6.0 USD against a Kenya median of 7.0
- Swap-free account available
- Withdrawal published at within 1 business day
Cons (1)
- 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, Canada, Belgium, North Korea, Iran, Iraq, Syria
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.
- The broker's own documents
- 1tradenation.comtradenation.com · domainBroker
- 2trade-nation-articles.helpscoutdocs.com/article/248-restricted-countriestrade-nation-articles.helpscoutdocs.com · pageBroker
- 3tradersunion.com/brokers/forex/view/trade-nationtradersunion.com · pageBroker
FAQ (5)
Does Trade Nation accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of Trade Nation?
Trade Nation Ltd
What licence does Trade Nation hold for Kenya?
No licence number is published for this country.
What does one EURUSD lot cost at Trade Nation?
6.0 USD per round turn against a Kenya median of 7.0 USD, measured on 37 of 56 brokers.
How long does a withdrawal from Trade Nation take?
Trade Nation publishes within 1 business day. Their own wording: “generally approves and releases funds within one business day”.