Forex brokers in Kenya

There is currently no regulatory framework prohibiting nor guiding online forex trading in Kenya. The Capital Markets Authority (CMA), the Kenya’s financial watchdog, is going to provide a legal framework for online forex trading. The Forex brokers will need to obtain an online forex broker’s license granted by the Authority.

List of best global Forex brokers

Here you can find a list of global reliable Forex brokers online accepting traders in Kenya.

Risk Warning: Your capital is at risk.

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Broker
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Minimum Deposit
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ECN (Min. Deposit)
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Leverage
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MT4 MT5 Bonus
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Kiswahili Review
1 Exness 100 KES / $1 30000 KES / $300 ≤9999:1
Review
2 LiteForex $10 ≤1000:1
Review
3 RoboForex $10 / 0.001₿ $10 / 0.001₿ ≤2000:1
Review
4 IC Markets $200 $200 ≤500:1
Review
5 XM Group $30
Review
6 Alpari $200 $300 ≤1000:1
Review
7 FXTM $10 $500
Review
8 SuperForex $1 ≤2000:1 $50
Review
9 FBS $1 ≤3000:1 $70
Review
10 HotForex ≤1000:1
Review
11 JustForex $1 $100 ≤3000:1
Review
12 InstaForex $1 ≤1000:1 $500
Review
13 Pepperstone $200 $200 ≤500:1
Review
14 OctaFx $50 $100 ≤500:1
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15 AMarkets $100 $200 ≤1000:1
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16 GrandCapital $10 $500 ≤2000:1 $500
Review
17 FX Choice $100 / 0.01₿ $100 / 0.01₿ ≤200:1
Review
18 Globex360 $100 ≤500:1
Review
19 Forex.com $100
Review
20 FxGlory $1 ≤3000:1
Review
21 BDSwiss $100 ≤500:1
Review
22 Vantage Fx $100 $500 ≤500:1
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23 AvaTrade $100 ≤400:1
Review
24 eToro $200 ≤400:1
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25 admirals $1 ≤500:1
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26 FreshForex $1 $1 ≤2000:1 $2021
Review
27 LMFX $10 ≤1000:1
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28 LQDFX $20 ≤500:1
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29 FXOpen $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10
Review
30 IQ Option $10 ≤500:1
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31 IronFX $100 $100 ≤1000:1
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32 NordFX $5 $1000 ≤1000:1
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33 FP Markets $100 $100 ≤500:1
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34 BlackBull Markets $200 ≤500:1
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35 XTB ≤200:1
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36 FxPro $100 ≤200:1
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37 ForexMart $1 ≤500:1
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38 FortFS $5 $500 ≤1000:1 $35
Review
39 Fortrade $100 $100 ≤200:1
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40 HYCM $100 ≤500:1
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41 FiboGroup $1 $50 ≤1000:1
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42 TradersWay $1 $50 ≤1000:1
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43 IFC Markets $1000 ≤400:1
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44 Oanda $1 ≤200:1
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45 Axi $1 ≤400:1
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46 ForexChief $100 ≤1000:1
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47 TigerWit $50 ≤400:1
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48 NPBFX $10 ≤1000:1
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49 NumberOne CM $5 ≤1000:1
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50 SimpleFX $1 / 0.0001₿ ≤500:1
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51 OlympTrade $15 ≤400:1
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52 Land-FX $300 $2000 ≤500:1
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53 Orbex $200 $500 ≤500:1
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54 CityIndex $100
Review
55 Weltrade $25 ≤1000:1
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56 Tifia $10 $500 ≤1000:1
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57 Eightcap $100 ≤500:1
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58 ActivTrades $100 ≤200:1
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59 Deriv $5 ≤1000:1
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60 ThinkMarkets $250 $2000 ≤500:1
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61 Libertex $100 ≤30:1
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62 Forex.ee $50 $200 ≤500:1 $15
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63 Mtrading $100 ≤1000:1 $30
Review
64 HF Markets $50 ≤30:1
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65 FxPrimus $100 $100 ≤1000:1
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66 Capital.com $20 ≤30:1
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67 Trading212 $150 ≤20:1
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68 Markets.com $100 ≤300:1
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69 Naga $250 ≤1000:1
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70 easyMarkets $100 ≤400:1
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71 FXGiants $100 $200 ≤1000:1
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72 GO Markets $200 ≤500:1
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73 NSFX $300 $3000 ≤50:1
Review
Minimum Deposit 100 KES / $1
ECN 30000 KES / $300 (Min. Deposit)
Leverage ≤9999:1
MT4
MT5
Kiswahili

Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Kiswahili

Minimum Deposit $200
ECN $200 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

MT4
MT5
Bonus $30
Kiswahili

Minimum Deposit $200
ECN $300 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $10
ECN $500 (Min. Deposit)
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤2000:1
MT4
MT5
Bonus $50
Kiswahili

Minimum Deposit $1
Leverage ≤3000:1
MT4
MT5
Bonus $70
Residents within EEA are not eligible for this bonus
Kiswahili

Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $1
ECN $100 (Min. Deposit)
Leverage ≤3000:1
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤1000:1
MT4
MT5
Bonus $500
Kiswahili

Minimum Deposit $200
ECN $200 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $50
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
ECN $200 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $10
ECN $500 (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $500
Kiswahili

Minimum Deposit $100 / 0.01₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤200:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤3000:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $200
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $1
ECN $1 (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2021
Kiswahili

Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $20
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $1 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $10
Kiswahili

Minimum Deposit $10
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $5
ECN $1000 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $200
Leverage ≤500:1
MT4
MT5
Kiswahili

Leverage ≤200:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤200:1
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $5
ECN $500 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Bonus $35
Kiswahili

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤200:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $1
ECN $50 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $1
ECN $50 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $1000
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤200:1
MT4
MT5
Kiswahili

Minimum Deposit $1
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $50
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $10
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $1 / 0.0001₿
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $15
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $300
ECN $2000 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $200
ECN $500 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
MT4
MT5
Kiswahili

Minimum Deposit $25
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $10
ECN $500 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤200:1
MT4
MT5
Kiswahili

Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $250
ECN $2000 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤30:1
MT4
MT5
Kiswahili

Minimum Deposit $50
ECN $200 (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $15
Kiswahili

Minimum Deposit $100
Leverage ≤1000:1
MT4
MT5
Bonus $30
Residents within EEA are not eligible for this bonus
Kiswahili

Minimum Deposit $50
Leverage ≤30:1
MT4
MT5
Kiswahili

Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $20
Leverage ≤30:1
MT4
MT5
Kiswahili

Minimum Deposit $150
Leverage ≤20:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤300:1
MT4
MT5
Kiswahili

Minimum Deposit $250
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $100
Leverage ≤400:1
MT4
MT5
Kiswahili

Minimum Deposit $100
ECN $200 (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Kiswahili

Minimum Deposit $200
Leverage ≤500:1
MT4
MT5
Kiswahili

Minimum Deposit $300
ECN $3000 (Min. Deposit)
Leverage ≤50:1
MT4
MT5
Kiswahili


 ✚

What is Forex?



Forex is a shortened term used for "FOReign EXchange" (commonly known as FX), it is typically used to describe the process of buying and selling currencies. Forex is a global market for the trading of currencies, it is the largest market in the world, opened 24 hours a day from Sunday evening until Friday night. Forex is also the most liquid financial market, there is a huge trading volume: each day, more than 5 trillion dollars are exchanged, there are always a lot of trades.

Forex trading



Currency values rise and fall against each other due to a number of economic, technical and geopolitical factors. The common goal of forex trading is to profit from these changes in the value of one currency against another. All forex pairs are quoted in terms of one currency versus another, Forex trading is the act of simultaneously buying one currency while selling another. Each currency pair has a "base" currency and a "counter" currency. The base currency is the currency on the left of the currency pair and the counter currency is on the right. For example, in EUR/USD, EUR is the "base" currency and USD the "counter" currency. A forex trader will buy a currency pair if he expects its exchange rate will rise in the future and sell a currency pair if he expects its exchange rate will fall in the future.

What is a broker?



Traders must conduct their trading activities through a forex broker. A broker acts as an intermediary between the buyer and the seller involved in a forex transaction. They provide trading platforms that allow traders to buy and sell foreign currencies. Traders have to take the time to research and compare options to find the broker that best fits their needs.


Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital.

The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: Australia · Belgium · Canada · France · Israel · Japan · Latvia · New Zealand · Portugal · Turkey · United States ·