Skip to content
Tsavo Desk SponsoredExness
56 brokers measured37 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.

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 · accountMin deposit, USDSpreadCommissionCost per lotSwap-free
Trade NationTN Trader / TradingView account—0.3advertisedAnyper standard lot3round turn, USD—

This broker against the Kenya middle (37 of 56)

Trade NationKenya median
Round turn, USD6.0 USD7.0 USD
Min deposit, USD0 USDgeo25.0 USD
Max leverage200geo500.0geo
Withdrawal, hwithin 1 business daygroup48.0 h
EURUSD, standard0.6 pipsgeo1.0 pips
EURUSD, raw—0.0 pips
Established20142009.0
Platforms23.0
Through an offshore entity

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)

2.95of 5

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.

3.5Trader reviews25%
4.8Round-turn cost20%
0.5Licence and entity20%
4.0Withdrawal speed15%
3.0Track record10%
1.2Platforms and programs10%

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

Source

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)

Round turn, USD
6.0 USD
Median
7.0 USD

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

Withdrawal, h
within 1 business daygroup

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

Reviews
4.4/5 from 1,376 reviewsgroup

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%

Methodology

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.

  1. The broker's own documents
  2. 1tradenation.comtradenation.com · domainBroker
  3. 2trade-nation-articles.helpscoutdocs.com/article/248-restricted-countriestrade-nation-articles.helpscoutdocs.com · pageBroker
  4. 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”.