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Exness
FCA (UK)Up to 90% Daily Spread Rebates
Earn up to 90% of spread/commission back daily via IB partner codes. Standard rebates 25-40%.
Verified Mar 28, 2026
CMA Regulated Forex Brokers in Kenya 2026
Last updated January 15, 2026
Complete list of forex brokers licensed by the Capital Markets Authority (CMA) in Kenya. Information verified for 2026.
How We Ranked
Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.
Regulated brokersLow spreadsFast withdrawals
Written by
Lisa Martinez
Fact Checked by
Marcus Thompson
Last reviewed:
•By:Lisa Martinez
•Fact-checked by:Marcus Thompson
What is the Capital Markets Authority (CMA)?
The CMA is the government regulator responsible for supervising, licensing, and monitoring the activities of market intermediaries, including online forex brokers, in Kenya.
Why Trade with a CMA Regulated Broker?
Trading with a broker licensed by the Capital Markets Authority (CMA) serves as your primary protection against fraud. Explore our **CMA Kenya licensed forex brokers list 2026** to find brokers that are required to segregate client funds, maintain sufficient capital, and have a physical office in Nairobi. We have verified the license status of the following brokers.
Country Offers
Browse All PromotionsAvailable offers for Kenya traders
Verified broker incentives that may be available in this market. We keep these below the core safety and pricing checks so the shortlist still feels editorial-first.
Cashback / Rebate
IC Markets
ASIC (Australia)$100 Cash Bonus + 21% Commission Off
$100 cash bonus via partner links. Save ~$1.50/lot with 21% commission discount on Raw Spread.
Verified Mar 28, 2026
FXTM
FCA (UK)$500 Welcome Bonus on First Deposit
$500 non-withdrawable trading credit with code HELLOFXTM. Volume-based commission discounts.
Verified Mar 28, 2026
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CMA License Details
| Broker | Link | ||
|---|---|---|---|
| Hantec Markets | N/A | N/A | Open |
| FXTM | Exinity East Africa Limited | License No. 135 | Open |
| GO Markets | N/A | N/A | Open |
| Exness | Exness KE Limited | License No. 162 | Open |
| HFM | HFM Investments Limited | License No. 155 | Open |
| IC Markets | IC Markets (KE) Limited | License No. 199 | Open |
Education Leader.
Operated by Exinity East Africa Limited (CMA licensed). FXTM is known for its superior educational resources.
DepositKES 1300
SpreadStandard
#1 CMA Broker.
Exness KE Limited is fully licensed by CMA. They offer the best trading conditions in Kenya with instant M-Pesa withdrawals.
DepositKES 130
SpreadUltra-Low
Popular & Trusted.
HFM (formerly HotForex) has a strong local presence in Nairobi. CMA licensed and offers excellent copy trading services.
DepositKES 0
SpreadUltra-Low
Raw Spreads.
IC Markets (KE) Limited offers true ECN spreads. Best for automated trading strategies.
DepositKES 26000
SpreadUltra-Low
Best for experienced traders, institutional clients & multi-asset investors.
Hantec Markets is a multi-regulated broker with MT4, MT5, Hantec App access, 0.0 pips (Raw ECN) | 1.2 pips (Standard) on EUR/USD, and $10 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Deposit$10
SpreadRaw or ultra-low spread account available
Best for australian traders, metatrader users & low-cost ecn accounts.
GO Markets is a multi-regulated broker with MT4, MT5, cTrader, TradingView access, 0.0 pips (GO Plus+) | 1.1 pips (Standard) on EUR/USD, and $0 minimum deposit. Confirm the serving entity, leverage terms, and funding methods before opening an account.
Deposit$0
SpreadRaw or ultra-low spread account available
Frequently Asked Questions About CMA Regulated Forex Brokers in Kenya
Frequently Asked Questions
The CMA is the government regulator responsible for supervising, licensing, and monitoring the activities of market intermediaries, including online forex brokers, in Kenya.
You can verify a broker's license by visiting the official CMA website (cma.or.ke) and checking the list of licensed 'Non-Dealing Online Foreign Exchange Brokers'.
Yes, CMA regulations require brokers to segregate client funds from their own operating funds, ensuring your money is protected if the broker goes bankrupt.
Most CMA regulated brokers like Exness, HFM, Pepperstone, and Scope Markets accept M-Pesa. It is the industry standard for payments in Kenya.
This page provides an updated **CMA Kenya regulated forex brokers list 2026**, featuring top licensed brokers like HFM, Pepperstone, and Exness that ensure safety and local compliance.
Top Searched Questions
Which forex brokers are CMA-regulated in Kenya?
The Capital Markets Authority (CMA) of Kenya licenses and regulates forex brokers operating locally. CMA-licensed brokers must maintain minimum capital, segregate client funds, and submit to regular audits. Kenyan traders can also access international brokers that accept M-Pesa deposits and offer KES accounts.
What should Kenyan forex traders look for in a broker?
Kenyan traders should prioritize CMA regulation, M-Pesa deposit/withdrawal support, KES-denominated accounts, and low minimum deposits (many start at $5-$10). Also check for Safaricom Lipa Na M-Pesa integration, fast withdrawal processing, and access to MT4/MT5 platforms.
Information automatically localized based on "forex brokers in kenya" and related trends.
Sources & References
- Hantec Markets Trading Accounts— Hantec Markets
- Exness Accounts— Exness
- HFM Trading Accounts— HFM
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
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FIND MY BROKERRisk Warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. You could lose more than your initial investment. 68-80% of retail investor accounts lose money when trading CFDs with most providers. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Not Financial Advice:
Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.
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Regional Availability Notice
Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.