Best Forex Broker In Kenya In 2021 (Spreads + Features)

If you read this post you are probably looking for the right forex broker in Kenya. Whether you are a retail forex trader or a small institution, we all need to trade through a forex brokerage firm. forex brokers serve as a support to bring buyers and currencies or forex, as they are often nicknamed. they usually do so for a nominal price or a commission. online brokers regularly feel employed to monitor and maintain the foreign exchange market 24 hours a day and help provide liquidity in the market. here is a list of the best forex brokers in Kenya selected to offer you the best trading experience.

Table of Contents


1. XM

XM is a global forex broker founded in 2009, licensed and regulated by CySEC,ASIC and IFSC.xm is a broker with many advantages, whether you are a currency novice or a well-established trader. the technology they use is advanced, their business features and payments are good and they offer a number of bonuses to encourage late beginners and experienced traders.xm is mainly known in the industry due to its strict policies: no re-listing, no order rejections and no hidden fees or commissions, as well as real-time execution of markets, with 99.35 of all orders being executed in less than a second. In addition, 24/5 multilingual personal account managers provide seamless customer communications and professional support to demo and real account holders.

Founded: 2009

Regulators: ASIC, Cysec, IFSC,

Min. Deposit: 5$

Leverage: 1:888

Deposit/Withdrawal: Bank wire, Visa/Mastercard, Skrill , Multiple Local Payment Methods Available

Platform: MetaTrader 4, Metatrader 5Web based: YesMobile: Yes

2. Hotforex

Hotforex is a Mauritius-based forex broker offering retail, corporate and white label clients access to interbank interest rates via an advanced automated trading platform. hotforex offers a wide range of trading account types, from micro accounts for late beginners who want to gain experience beyond simulated transactions, but without excessive risk, to accounts for experienced individual traders and trading companies. hotforex provides all the tools they need and service needed by clients at all levels to achieve their trading ambitions.

Hotforex offers metatrader 4 and metatrader 5 as a trading platform for desktop, web and mobile computers. It is a user-friendly and advanced trading platform that is the most widely used in the industry.

offers trading in currency pairs, CFDs, metals, oil, indices and equities for your personal investment and trading options. offers very competitive spreads, leverage of up to 1:1000, fast execution and good customer support available in multiple languages.

Founded: 2010

Regulators: FSC (mauritius), DFSA, FCA, FSCA, Cysec

Min. Deposit: $5

Leverage: 1:1000

Deposit/Withdrawal: Bank wire, Visa/Mastercard, Skrill , WebMoney, Neteller, cashU

Platform: MetaTrader 4Web based: YesMobile: Yes

3. Octafx

Octafx is a forex broker based in Saint Vincent and the Grenadines, which offers trading services in more than 100 countries around the world.Octafx is a forex broker STP (direct processing) and ECN (electronic communication network) that offers tight spreads, fast order execution, no slippage or recotation. it allows trading in all major currency pairs, as well as gold and silver. as for the trading platforms octafx offers several platforms Metatrader 4 and Metatrader 5 which are the leading trading platforms, and Ctraders which offers an incredibly customizable and exciting new interface.

Founded: 2006

Regulators: Cysec

Min. Deposit: $5

Leverage: 1:500

Deposit/Withdrawal: Bank wire, Visa/Mastercard, Skrill , WebMoney, Neteller, Bitcoin

Platform: MetaTrader 4, MetaTrader 5, cTraderWeb based: YesMobile: Yes

4. Easy markets

Easymarkets is an innovative innovator broker that has been offering trading services since 2001. Easymarkets is licensed and regulated by the Cyprus Securities Exchange Commission (CySEC) under the CIF license and in Australia by the Australian Securities and Investments Commission (ASIC) license.this broker provides its clients with access to global assets through a range of trading instruments and financial assets. These include options such as vanilla options, currency pairs and difference contracts (CFDs). They offer dynamic trading platforms available on desktops, mobile and web-based.

easy markets offers several types of trading accounts with a minimum deposit of $100 for standard accounts, leverage of up to 1:300, and offers fixed spreads and commission-free trading.Finally, the broker offers complete customer support in a variety of languages. This service is available 24 hours a day and includes support by chat, e-mail or live web chat.

Founded: 2003

Regulators: ASIC, Cyscec

Min. Deposit: $25

Leverage: 1:200

Deposit/Withdrawal: Bank wire, Visa/Mastercard, Skrill , WebMoney, Paypal

Platform: MetaTrader 4, Trade desk, Web tradingWeb based: YesMobile: Yes


FXTM is a broker that offers its clients a wide variety of trading account types and trading platform. This broker is regulated by CYSEC in Cyprus, FCA in the United Kingdom, FSB in South Africa and IFSC in Belize. FCA and CYSEC, it provides the ability to trade more than 200 assets including currency pairs, indices, cFDs, and spot metals and more than 180 cDDs in equities, a wide range of educational resources for traders to improve their trading skills, powerful leverage depending on your trading account, tight spreads, customer service in more than 18 languages available 24/5 via live chat, WhatsApp, telegram, telephone and more.

Founded: 2010Regulators: IFSC, CYSEC, FCA, FSCMin. Deposit: $10Leverage: 1:1000Deposit/Withdrawal: Bank wire, Visa/Mastercard, Skrill , WebMoney, NetellerPlatform: MetaTrader 4, Metatrader 5Web based: YesMobile: Yes

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