Capital Markets Authority logo

CMA

Capital Markets Authority

Kenya

Tier 3 - moderate

What the CMA does

Kenya's Capital Markets Authority licenses non-dealing online forex brokers and supervises conduct in the Kenyan capital markets.

Protections for traders

  • Licensing of online forex brokers operating in Kenya
  • Client fund segregation requirements
  • Complaints handling through the CMA
  • Ongoing reporting obligations

Best CMA-regulated brokers

Ranked by BrokaBoy score, with ties listed alphabetically.

HFM logo

HFM

9.7/10· Trustpilot 4.3 (2,948 reviews)

Multi-regulated broker formerly trading as HotForex

Min Dep
$0
Spread
0.0 pips
Leverage
1:2000 (entity dependent)

Affiliate link - see our Methodology

Pepperstone logo

Pepperstone

Featured
9.2/10· Trustpilot 4.2 (3,580 reviews)

Award-winning execution speed

Min Dep
$10
Spread
0.0 pips
Leverage
1:400

Affiliate link - see our Methodology

Exness logo

Exness

9.0/10· Trustpilot 4.7 (31,240 reviews)

High-volume retail broker with instant withdrawals and tight majors

Min Dep
$10
Spread
0.0 pips
Leverage
1:2000

Affiliate link - see our Methodology

Admirals logo

Admirals

8.9/10· Trustpilot 4.1 (2,165 reviews)

Admiral Markets, an EU-supervised broker with an investing arm

Min Dep
$100
Spread
0.0 pips
Leverage
Up to 1:500 (entity dependent)

Affiliate link - see our Methodology

FXTM logo

FXTM

8.2/10· Trustpilot 2.5 (1,106 reviews)

ForexTime, an education-heavy broker with strong emerging-market reach

Min Dep
$100
Spread
0.0 pips
Leverage
Up to 1:5000 (entity dependent)

Affiliate link - see our Methodology

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