Best Kenya Trading Platforms 2022

A Kenya trading platform is a piece of software that allows Kenyan investors and traders to place deals and keep track of their Kenya trading accounts through the use of financial intermediaries. Kenya trading platforms may also be dedicated to specific markets, such as stocks, currencies, commodities, or futures markets, in addition to general Kenya trading platforms. Trading platforms in Kenya have grown increasingly popular with Kenyan traders in the previous two years.

*please note this Kenya trading platforms guide is very indepth. But if you are serious about learning about trading platforms in Kenya take the time to read as much as you can.

Best Kenya Trading Platforms 2022 Table of Contents

Best Kenya Forex trading Brokers

Best Kenya Trading Platforms List Compared

Featured Kenya Forex Trading Platforms Forex Account Features

IC Markets

🌍 Platforms: MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 200
👍 Used By: 180,000
IC Markets Tradable Asssets: 232
Forex Trading: Yes
Forex Pairs: 65
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
Losses can exceed deposits
Visit IC Markets

eToro

🌍 Platforms: Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 10
👍 Used By: 27,000,000
eToro Tradable Asssets: 2000
Forex Trading: Yes
Forex Pairs: 50
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
78% of retail investor accounts lose money when trading CFDs with this provider.
Visit eToro

Roboforex

🌍 Platforms: MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: No

💵 Minimum Deposit: 1
👍 Used By: 10,000
Roboforex Tradable Asssets: 100
Forex Trading: Yes
Forex Pairs: 35
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Cyprus Securities and Exchange Commission (CySEC)
Losses can exceed deposits
Visit Roboforex

AvaTrade

🌍 Platforms: Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5
Guarenteed Stop Loss: No, Negative Balance Protection: No

💵 Minimum Deposit: 100
👍 Used By: 300,000
AvaTrade Tradable Asssets: 1250
Forex Trading: Yes
Forex Pairs: 55
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)
71% of retail investor accounts lose money when trading CFDs with this provider
Visit AvaTrade

XM

🌍 Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 5
👍 Used By: 3,500,000
XM Tradable Asssets: 1000
Forex Trading: Yes
Forex Pairs: 55
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit XM

XTB

🌍 Platforms: MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 0
👍 Used By: 250,000
XTB Tradable Asssets: 4000
Forex Trading: Yes
Forex Pairs: 57
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit XTB

Pepperstone

🌍 Platforms: MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 200
👍 Used By: 89,000
Pepperstone Tradable Asssets: 1200
Forex Trading: Yes
Forex Pairs: 70
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
74-89 % of retail investor accounts lose money when trading CFDs
Visit Pepperstone

FP Markets

🌍 Platforms: MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 100
👍 Used By: 10,000
FP Markets Tradable Asssets: 100
Forex Trading: Yes
Forex Pairs: 60
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Losses can exceed deposits
Visit FP Markets

Trading 212

🌍 Platforms: Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: Yes, Negative Balance Protection: Yes

💵 Minimum Deposit: 1
👍 Used By: 15,000,000
Trading 212 Tradable Asssets: 10000
Forex Trading: Yes
Forex Pairs: 177
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Visit Trading 212

NordFX

🌍 Platforms: MT4, MT5, Tablet & Mobile apps
Guarenteed Stop Loss: , Negative Balance Protection:

💵 Minimum Deposit: 1
👍 Used By: 10,000
NordFX Tradable Asssets: 50
Forex Trading: Yes
Forex Pairs:
Forex Major Pairs: Yes
Forex Minor Pairs:
Forex Exotic Pairs:

🏛 Regulated by: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
Losses can exceed deposits
Visit NordFX

Plus500

🌍 Platforms: Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: Yes, Negative Balance Protection: Yes

💵 Minimum Deposit: 100
👍 Used By: 15,500
Plus500 Tradable Asssets: 2000
Forex Trading: Yes
Forex Pairs: 100
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Visit Plus500

easyMarkets

🌍 Platforms: MT4, MT5, Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: Yes, Negative Balance Protection: Yes

💵 Minimum Deposit: 100
👍 Used By: 142,500
easyMarkets Tradable Asssets: 200
Forex Trading: Yes
Forex Pairs: 150
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
Your capital is at risk
Visit easyMarkets

FxPro

🌍 Platforms: MT4, MT5, cTrader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 100
👍 Used By: 1,866,000
FxPro Tradable Asssets: 430
Forex Trading: Yes
Forex Pairs: 70
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
Visit FxPro

SpreadEx

🌍 Platforms: Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: Yes, Negative Balance Protection: No

💵 Minimum Deposit: 1
👍 Used By: 10,000
SpreadEx Tradable Asssets: 15000
Forex Trading: Yes
Forex Pairs: 55
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA)
Losses can exceed deposits
Visit SpreadEx

Admiral Markets

🌍 Platforms: MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Guarenteed Stop Loss: No, Negative Balance Protection: Yes

💵 Minimum Deposit: 200
👍 Used By: 10,000
Admiral Markets Tradable Asssets: 148
Forex Trading: Yes
Forex Pairs: 40
Forex Major Pairs: Yes
Forex Minor Pairs: Yes
Forex Exotic Pairs: Yes

🏛 Regulated by: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Losses can exceed deposits
Visit Admiral Markets

Best Kenya Forex Trading Of 2022 Compared

Here are the Best (KE) Kenya Forex Trading Brokers.

Compare Forex Trading min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below allow Forex trading. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more Forex trading that accept Forex trading clients

Broker IC Markets eToro Roboforex AvaTrade XM XTB Pepperstone FP Markets Trading212 NordFX Plus500 EasyMarkets FXPro SpreadEx Admiral
Rating
locality IC Markets accept Kenya Forex Trading clients eToro accept Kenya Forex Trading clients Roboforex accept Kenya Forex Trading clients AvaTrade accept Kenya Forex Trading clients XM accept Kenya Forex Trading clients XTB accept Kenya Forex Trading clients Pepperstone accept Kenya Forex Trading clients FP Markets accept Kenya Forex Trading clients Trading 212 accept Kenya Forex Trading clients NordFX accept Kenya Forex Trading clients Plus500 accept Kenya Forex Trading clients easyMarkets accept Kenya Forex Trading clients FxPro accept Kenya Forex Trading clients SpreadEx accept Kenya Forex Trading clients Admiral Markets accept Kenya Forex Trading clients accept Kenya Forex Trading clients
Regulation Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) Cyprus Securities and Exchange Commission (CySEC) Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
Min Deposit 200 10 1 100 5 No minimum deposit 200 100 1 1 100 100 100 1 200
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 180,000+ 27,000,000+ 10,000+ 300,000+ 3,500,000+ 250,000+ 89,000+ 10,000+ 15,000,000+ 10,000+ 15,500+ 142,500+ 1,866,000+ 10,000+ 10,000+ 0+
Benefits
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Low min deposit
  • Guaranteed stop loss
  • Advanced Risk Management Tools
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Low min deposit
Accounts
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • Raw Spread account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Islamic account
  • Demo account
  • Micro account
  • Standard account
  • Zero spread account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Managed account
  • Islamic account
  • Demo account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
Platforms MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 MT4, MT5, Mac, Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps MT4, MT5, cTrader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mac, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
icmarkets
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etoro
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roboforex
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avatrade
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xm
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xtb
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pepperstone
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fpmarkets
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trading212
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nordfx
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plus500
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easymarkets
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fxpro
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spreadex
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admiralmarkets
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Risk Warning Losses can exceed deposits 78% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 71% of retail investor accounts lose money when trading CFDs with this provider CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74-89 % of retail investor accounts lose money when trading CFDs Losses can exceed deposits CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider Losses can exceed deposits Losses can exceed deposits
Demo IC Markets
Demo
eToro
Demo
Roboforex
Demo
AvaTrade
Demo
XM
Demo
XTB
Demo
Pepperstone
Demo
FP Markets
Demo
Trading 212
Demo
NordFX
Demo
Plus500
Demo
easyMarkets
Demo
FxPro
Demo
SpreadEx
Demo
Admiral Markets
Demo

Demo
Excluded Countries AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, VG, AN, US, JP BE, BR, KP, NZ, TR, US, CA, SG US, CA, IL, KR, IR, MM, CU, SD, SY US, IN, PK, BD, NG , ID, BE, AU AF, AS, AQ, AR, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, UY, VU, VG, EH, YE, ZW US, JP, NZ US, CA US, CA, EU, RU, SY, KP, CU MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE US, CA, IR US, TR US, CA, JP, SG, MY, JM, IR, TR

What Are Kenya Trading Platforms?

An online trading platform in Kenya the is a piece of computer software that allows traders of Kenyan nationality to place orders for financial instruments across a network of Kenya and global computers. Stocks, fractional shares, CFDs, cryptocurrencies, bonds, fiat forex currencies, commodities, and exchange-traded funds (ETFs) are among the financial products available on Kenya trading platforms.

A trading platform for Kenya traders should allow Kenyan traders to research, monitor, and place buy and sell orders on financial instruments. Kenya trading platforms must include charting tools for trend analysis as part of their overall offering. An additional important service that Kenyan traders must take into consideration is risk management.

For more advanced Kenyan traders the larger and more established Kenya trading platforms allow automation and custom coding with access to live financial market data.

Why Kenya Trading Platforms Are A Good Thing

Many Kenya retail traders believe that increasing the number of regular people who participate in the global and local financial markets is a positive development. Having more ordinary Kenyan traders implies that more individuals, rather than only Kenya professional investors and funds, will be able to profit from wealth earned through Kenya trading platform gains. This will in theory result in a more equitable and ethical Kenya financial trading market.

Which Trading Platform Is Best For Beginners Kenya?

IC Markets is our top recommendation for new Kenya traders in general. has a feature rich trading platform that is simple to use and explore for both new and experienced Kenyan traders. Kenya Trading software is frequently provided by brokerage firms to their Kenya clients, allowing them to conduct trades and manage their Kenya trading accounts. All the best Kenya trading platforms are available to trade direct through a web browser, some Kenya trading platforms with scripting and automation features are available to download to PC or MAC and launch from a desktop computer or mobile device any where in Kenya from the internet.

Third-party plugins, scripts and tools for Kenya trading platforms, which complements or extends the Kenya trading platforms offered by Kenya brokerages, is also available to Kenyan traders.

What Kenya Trading Platform is Most Profitable?

In order to earn money, Kenya traders want volatility, trading volume, and trend trades on Kenya trading platforms. Because of their potential profitability, day trading stocks are preferred by the majority of experienced Kenya active traders. Although it is difficult to say that one style of trading is more profitable than another for Kenya traders, there are a variety of elements that influence whether a buy or sell order on Kenya trading platforms is successful or unsuccessful. Kenyan traders must take the time to understand how the financial markets work, and be able to effective use risk management tools when trading on Kenya trading platforms.

Which Kenya Trading Platform Has The Most Users?

IC Markets, which has 180,000 members, has announced significant growth in Kenya in terms of Kenyan traders using its trading platform. From September 2020 to September 2021, the number of clients at IC Markets increased at among one of the fastest rates of any Kenya trading platform. The Kenya trading platform manages tens of millions of dollars' worth of financial assets.

What Is The Best Free Kenya Trading Platform?

IC Markets is commission-free on traditional stocks, ETFs, and cryptocurrencies. IC Markets has commission free trading on certain financial assets. If you want to trade for free, you must be aware that there are no real free trading platforms. But some Kenya trading platforms have lower fees and commissions then others, so it pays to shop around.

Trading Platforms Available in Kenya

Kenya Copy Trading Platforms

Copy trading trading allows Kenya traders to automatically copy positions that have been established and maintained by other hopefully more experienced traders who have been researched and selected by Kenyan traders on these Kenya trading platforms. In contrast to mirror trading, copy trading transfers a portion of the funds held by the Kenya copying trader to the account of the copied investor on the Kenya trading platform. Copy trading strategies are not only good for Kenya beginners, but it is also advantageous for experienced financial market specialists who want to generate money rapidly using the funds of Kenyan copy traders.

Copy trading can be actioned by Kenyan traders on financial assets including stocks, Currencies, crypto, commodities and ETFs.

Kenya MetaTrader 4 (MT4) Trading Platforms

MetaTrader 4 (MT4) is a trading platform available to Kenya traders that was created by MetaQuotes in 2005 and is still in use today. The Kenya MT4 platform may be used to trade in a variety of markets, including FX, indices, cryptocurrencies, and commodities, among others. Kenya MT4 traders may perform complex technical analysis and apply flexible trading methods with its straightforward user interface.

MetaTrader 4 is a comprehensive trading platform. Kenya MT4 trading platform demo accounts are free to open, and Kenyan traders can start practising no-risk trades immediately with $100k in demo trading currency. MT4 allows Kenyan MT4 traders to develop trading robots through its simple MQL4 scripting language. The platform also offers buy stop orders, buy limit orders and sell limit orders.

Kenya Metatrader 4 (MT4) Trading Platforms all support major web browsers like Google Chrome, Mozilla Firefox, Apple Safari, Internet Explorer, Opera and Microsoft Edge through the Kenya MT4 Webtrader software. Kenya Metatrader 4 (MT4) Trading Platforms are supported on Windows Vista, Windows 7, Windows 8, Mac OS, Apple iPhone, Apple iPad, and Android devices.

Kenya MetaTrader 5 (MT5) Trading Platforms

MetaTrader 5 is a newer, more powerful version of the popular MetaTrader 4 platform available to Kenyan traders, which allows the trading of forex, stocks, CFDs and futures. Kenya MT5 trading platforms provide improved capabilities and detailed pricing investigation, which may be put to good use by Kenyan traders0. Trading robots, expert advisors, and copy trading are examples of algorithmic trading applications available on Kenya MT5 trading platforms.

Kenya MT5 trading platforms offer free of charge Kenya MT5 demo accounts that come with $100,000 - $150,000 in practice currency. MT5 has more technical indicators and timeframes allowing for more technical analysis of financial charts. MT5 offers Kenyan traders buy stop, buy limit, buy stop limit, sell stop, sell limit and sell stop limit orders. MT5 allows Kenyan traders to develop trading automation and robots through its advanced MQL5 scripting language. MT5 allows Kenya traders to have up to 100 charts open at any one time. This is not available with most other Kenya trading platform software. MT5 Also gives Kenya traders advanced features like Depth of Market (DOM) and Kenya and global economic calendars. MetaTrader 5 is multi threaded which may be useful for Kenyan traders with more complex trading setups.

Kenya Metatrader 5 (MT5) Trading Platforms all support major web browsers like Google Chrome, Mozilla Firefox, Apple Safari, Internet Explorer, Opera and Microsoft Edge through the Kenya MT4 Webtrader software. Like Kenya MT4, Kenya Metatrader 5 (MT5) Trading Platforms are supported on Windows Vista, Windows 7, Windows 8, Mac OS, Apple iPhone, Apple iPad, and Android devices.

Kenya cTrader Trading Platforms

Kenya cTrader trading platforms provide their Kenyan traders with a full Kenya and global trading platform solution. Most of the best Forex and CFD brokers offer their Kenya traders cTrader as an option. There are a plethora of options available on Kenya cTrader trading platforms, allowing cTrader to accommodate many Kenya investing preferences required by Kenyan traders.

There are many order types available on Kenya cTrader platforms including market orders, limit orders, stop orders and much more. cTrader has both web-based software as well as native mobile apps for both Android and iOS devices which are available to Kenyan traders.

Kenya cTrader trading platforms offer precision quotes, narrow spreads, and the ability to customise favoured currency combinations, cTrader is a world-class provider of financial trading plaforms to millions of Kenya traders. Kenya cTrader trading platforms offers several advanced trading tools, such as technical analysis and charting tools, to help Kenyan traders research, trade and mitigate risks. There are many different sorts of order types available on Kenya cTrader trading platforms, including market orders, limit orders, stop orders, and many others.

Kenya Mirror Trader Trading Plaforms

Mirror trader is a Kenya trading platform add on, allowing Kenyan traders to mirror trades of other traders. Trade selection via Kenya mirror trading platforms is a way of selecting trades that is mostly employed in the FX market. A Kenya forex trading copycat system allows investors to imitate the trades of more experienced and successful global and local Kenyan forex traders. Successful traders, referred to as 'Masters,' would post their account results on Kenya mirror trading platforms to demonstrate their abilities.

Kenya Mirror trader platforms help match your trading style with a Master trader that has the same favourite asset (forex, stocks, or options) with a risk appetite Kenyan traders are looking for. You may then link your Kenya trading account to your mirrored trader and completely mirror their positions – meaning that if they make a trade, you will make a buy or sell order as well on your Kenya Mirror trader trading platform.

Kenya Trading Platform Automation

Traders in Kenya are increasingly using software to develop trading systems that can be executed automatically rather than having to manually click a button. These solutions may provide backtesting to help Kenyan traders see how their automated trading systems would have performed in the past, using historical market data.

Incorporated programming language on Kenya trading platforms enables Kenyan traders and traders of different nationalities and backgrounds to build trading programmes as well as develop unique management tools and trading signals which can be used to be more effective on Kenya trading platforms. Back-testing capabilities are a useful tool for more experienced Kenyan traders and automation continues to improve and become more streamlined. Modern Kenya trading platforms that support automation even allows Kenyan traders to examine and research various financial instruments while utilising real live market values.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) Kenya trading platforms are the most widely used internet trading platforms in the world. Every Kenyan trader now has the opportunity to advance their knowledge and performance to the next level, thanks to the abundance of tools available on modern Kenya trading platforms. The ability to automate Kenya trading operations. Because of their simplicity of use and capacity to be customised, these Kenya trading platforms have risen to become amoung the most popular trading platforms for Kenyan traders looking for more advanced trading integrations.

Kenya Trading Platform API

Trading using APIs available on Kenya trading platforms allow Kenyan traders to have direct access to the tools and market data available on Kenya trading platforms through API calls, resulting in speedier order processing and greater control over Kenyan traders buy and sell trade executions. It is possible for Kenyan traders to link their Kenya trading applications to the algorithmic execution platform at their Kenya trading broker's end, and therefore to connect with the exchange, via an API. This can be very useful for advanced Kenyan traders who know what they are doing.

Costs And Fees Of Using Kenya Trading Platforms

Fees and costs of using Kenya trading platforms can vary from broker to broker. User-friendly Kenya trading platforms can offer Kenyan traders with information on the price of assets, specific order types and other proprietary tools. It can also supply them with fundamental data, charts, technical analysis indicators, statistics, chat rooms, and a variety of other tools. As a result of declining commission costs, an increasing number of traders are turning to self-directed trading accounts to do some of their trading and research. Trading fees on Kenya trading platforms essentially compensate brokers for providing trading services and executing buy and sell orders on the purchase or sale of securities, including stocks, currencies, crypto assets and commodities on behalf of Kenyan traders. Kenyan traders should be aware of all the trading commissions and fees a Kenya trading platform charges before trading.

Kenya Trading Platform Financial Regulation

Make sure the Kenya trading platforms you short list are regulated by relevant authorities across the globe and in Kenya. In Kenya the oversee the conduct of Kenya trading platforms. Kenya trading platforms offering Kenyan traders trading services must adhere to relevant financial regulatory goverment organisations. Check a Kenya trading platforms financial regulation is valid directly on the Kenya financial regulators website.

The practise of financial trading and investing is regulated in the jurisdiction where it takes place. If the believes that Kenyan traders are being damaged, it has the authority to act in the interests of Kenyan traders.

Risks Of Kenya Trading Platforms

If new Kenyan traders gave no clear trading strategy and risk management plan in place the risk of trading loss is higher. Millions of ordinary Kenyan traders are pouring their funds into the financial markets some of which are high risk financial instruments meant for experienced traders like cryptocurrencies and CFDs. Kenyan traders and investors, in the end, must only make investments after careful research. Kenyan traders must only trade with funds that they are able to lose. Kenyan traders must limit loss using risk management features and tools like stop loss and limit orders.

Expert Kenya investors understand that the pricing of financial instruments, for example, should be related to the underlying future prospects of the financial instrument in which Kenyan traders invest. Kenyan investors buying a financial instrument or asset because they are motivated by emotions or trends, or Kenya social media users are speculating that its price will rise, are engaging in a high-risk behaviour.

How To Place A Trade On A Kenya Trading Platform

Kenyan trading platform users may utilise trading software to make orders, search at real-time quotes, and browse the Level 2 order book, among other things. Aside from tracking trading information, some Kenya trading platforms will also track trading metrics such as win rate and average profit/loss on closed trades.

Research And Technical Analysis On Kenya Trading Platforms

The majority of Kenya trading plaforms offer their Kenyan traders interactive charting features, which include both chart patterns such as trendlines and shapes, as well as technical indicators such as moving averages and momentum oscillators.

Fundamental Analysis On Kenya Trading Platforms

Some of the better more feature rich Kenya trading platforms give their Kenyan traders access to fundamental information like as financial statements, analyst ratings, and other tools and data meant to make trading due diligence more thorough for Kenyan traders.

How Do Kenya Trading Platforms Make Money?

Kenya trading platforms make money by charging fees and commissions for every action that takes place on their Kenya trading platforms, such as executing a buy or sell order on a financial instrument. The more a Kenyan trader trades the more revenue the Kenya trading platform generates. Some Kenya trading platforms earn money by marking up the prices of some financial instruments that they enable Kenyan traders to trade. Some Kenya trading platforms known as market makers also trade against Kenyan traders in order to avoid their own losses from becoming too great.

Customer Service On Kenya Trading Platforms

The customer service departments of a Kenya trading platform are there to give Kenyan trading platform clients with information on the services and features available on their Kenya trading software platforms when they are trading on them. You should make sure that your Kenya trading platform has an excellent track record of responding to client concerns and processing withdrawals in a timely manner.

For the majority of Kenya trading platform customers, it is more convenient to message live chat or email your chosen Kenya trading platform. If you have a service issue with your Kenya brokers trading platform that needs to be resolved check you can dial a phone number and chat with a real person who works in the Kenya trading platform support department. A genuine person in Kenya is fluent in your language can answer any of your urgent queries regarding your invested Kenya trading platforms. Remember that your Kenya trading platform can not give you financial advice.

What Can You Trade On Kenya Trading Platforms

On Kenya trading platforms Kenyan traders can trade a wide variety of financial instruments and assets including stocks, shares, indices, fiat Forex currencies, cryptocurrencies and commodities like gold, silver and oil. Kenya trading platforms also offer trading in high risk leveraged trades called CFDs where Kenyan traders can speculate on the up or down price movements of a specific financial instrument without owning it. CFD trading is aimed at more experienced Kenyan traders.

Trading Stocks On Kenya Trading Platforms

While Kenyan traders are able to invest in stocks from all over the world on Kenya trading platforms including US Stocks and UK stocks, German Stocks and much more. Stocks can be volatile in the short term for Kenyan traders, in the long run stocks and share investments tend to provide much higher returns than other assets such as government bonds and cash savings. Kenya trading platforms make available stocks to trade as fractional shares, full shares and also high risk leveraged CFD stock trades.

Trading Indices On Kenya Trading Platforms

A popular activity for Kenyan traders and investors who wish to acquire exposure to an averaged indexed of grouped stocks in a single trade is known as index trading. The most popular stock indexes are available to trade on Kenya trading platforms. Its possible for Kenyan traders to profit from price changes in both directions while trading indices, which means that Kenyan traders may profit from both upward and negative price movements from indices when trading them on Kenya Indices trading platforms.

What Indices Can I Trade On Kenya Trading Platforms

Indices available to trade on Kenya trading platforms include the SP&500, NASDAQ 100, Dow Jones, CAC 40, Russel 2000 Index, GER40 DAX (Deutscher Aktien Index), DJ30 Index, FTSE 100 Index, Australia 200 Index, France 40 Index, Euro STOXX 50 Index, Nikkei 225 index, IBEX 35 Index, Hong Kong Stock Market Index (HK50) and the FTSE China 50 Index.

Trading Currencies On Kenya Trading Platforms

In recent years, currency trading has grown extremely popular on Kenya trading platforms for Kenyan Forex traders. As a result of technological advancements in Kenya, it is now simpler for Kenyan traders to have access to the local Kenya and global foreign exchange markets. Modern Kenya trading platform technologies have also made it feasible for Kenyan traders to actively monitor and trade fiat currencies from all over the world, allowing them to diversify their portfolio of financial assets to include global currencies.

Foreign exchange trading on Kenya trading platforms, often known as currency trading or Forex trading to Kenyan traders, is the practise of acquiring one currency for example the KES while simultaneously selling another, for example the USD in order to profit from changes in the value of the underlying currency's value.

Kenyan Forex traders can trade major currency pairs, minor currency pairs and exotic currency pairs on Kenya trading platforms.

Trading Commodities On Kenya Trading Platforms

Commodities are one of the most popular financial assets available to trade on Kenya trading platforms. When it comes to commodities, they are basic items or raw materials that are utilised to manufacture physical goods or resources. Commodities such as oil, gas, silver, soybeans, corn, copper and steel are examples of such assets available to trade on Kenya trading platforms. Commodities are the fundamental building elements of the Kenya and global economy, and they are utilised to generate the things that Kenyan people rely on every day.

Kenyan traders can benefit from the volatility of commodity prices when trading. Trading opportunities exist in both upward and negative market fluctuations, and Kenyan commodity traders are able to speculate on both using Kenya trading platforms.

Trading Cryptoassets On Kenya Trading Platforms

Crypto assets like cryptocurrency and even NFTs have become popular amongst Kenyan traders in the last 2-3 years. Although cryptocurrencies and other crypto assets are still not widely available on Kenya trading platforms. Cryptoassets are cryptographically-secured digital assets that can be transferred, stored, and traded electronically using Kenya trading platforms that offer them. A new development in financial technology in Kenya, crypto has the potential to completely revolutionise the financial services industry in Kenya.

Many cryptocurrencies are available on Kenya trading platforms like Bitcoin, Dogecoin, Shiba Inu, Ethereum, XRP, Cardano, Tether, Polkadot, Stellar and many more and being added every week and made available to Kenyan crypto traders.

CFD Trading On Kenya Trading Platforms

CFD trading is a high risk leveraged form of trading used by experienced Kenyan traders on Kenya trading platforms. CFD is an abbreviation for the term Contract for Difference (CFD). Commodities, indices, currencies, and equities can all traded using CFDs by Kenyan traders. Because CFD trading is speculation on up or down price movement only, between the Kenyan CFD trader and the Kenya trading platform broker.

Because you can speculate on both the up or down price movement of a financial asset using a CFD trade, they have become popular for some more experienced traders on Kenya trading platforms.

CFD trading on Kenya trading platforms does not require the purchase or sale of a real asset. Because CFDs use leverage the Kenyan traders exposure to the market may be more than there deposited amount. Although CFD trading on Kenya trading platforms allows Kenyan traders to trade at a far great value then there deposited amount, if the CFD trade does not go in the Kenyan traders favour they may end up losing more than there deposited amount on there Kenya trading platform. CFD trading is high risk for Kenyan traders and Kenyan traders must have a good understanding of what you are doing.

CFDs on Kenya trading platforms can be traded as stock CFDs, Indices CFDs, Commodities CFDS and Forex CFDS. Cryptocurrencies CFDs are available in some countries but have been banned by the FCA in the UK.

Trading ETFs On Kenya Trading Platforms

Investing in exchange-traded funds (ETFs) is a popular method amonst Kenyan traders to acquire exposure to a diverse variety of assets such as stock market, bond, commodity, and real estate investments. ETF trades on Kenya trading platforms provide Kenyan investors with the ability to acquire and sell a variety of various sorts of tradable financial assets like stock ETFs, industry specific ETFs, Bond ETFs and commodity ETFs.

Popular ETFs available on Kenya trading platforms include the SPDR S&P 500 ETF, and the SPDR Gold ETF.

Kenya Trading Platform Funding And Withdrawal Methods

Kenya trading platform customers may withdraw funds from their Kenya trading account at any time. Funds can be withdrawn up to the value of the balance of your Kenya trading account, minus the amount of margin used. Please keep in mind that withdrawal requests from Kenya trading platforms may be subject to a processing fee charge. If the base currency of your Kenya trading account and your Kenya withdrawal method account are different, then your 3rd party withdrawal method may charge your a currency conversion fee. Your Kenya trading platform has no control over any fees your withdrawal method may charge.

Funding and withdrawal methods available on Kenya trading platforms include bank transfer, PayPal, Neteller, Venmo, Yandex, WebMoney, Skrill, MasterCard, Wire Transfer, Visa Card, Chinese Union Salary and some Kenya trading platforms even allow cryptocurrency payments.

How Long Will It Take To Withdraw Funds From My Kenya Trading Platform

Your Kenya trading platform within 2 business days of receiving your request to withdraw funds, will send Kenyan clients an email verifying the progress of their Kenya withdrawal to their chosen withdrawal method. There is a possibility that some withdrawals form Kenya trading platforms will take up to ten business days, depending on the payment method used and how much cash is requested from your Kenya bank account. You can only withdraw from your Kenya trading platform if you have the funds available in your Kenya trading platform dashboard and your Kenya trading account is verified.

When your Kenya trading platform withdrawal has been processed, Kenyan traders will receive an email confirmation with the information of the payment method that was used. Kenya traders may check the current status of withdrawal requests on the dashboard of your Kenya trading account at any time.

Are Kenya Trading Platforms Safe?

Kenya trading platforms can be considered safe as long as they are highly regulated by Kenya financial regulators. Its a good sign if your Kenya trading platform is financially regulated in multiple major european jurisdictions. Check your Kenya trading platform is regulated by . You need to check that your Kenya trading platform complies with the requirements of financial regulators like the Financial Conduct Authority, CySEC, and ASIC. Financial information pertaining to Kenyan trading clients should be stored in top-tier banks, and all personal information of Kenya traders should be protected using SSL encryption. It's vital for Kenyan traders to remember that every type of trading has some level of risk.

Opening A Live Kenya Trading Platform Account

Register Your Details With Your Shortlisted Kenya Trading Platforms

Locate and click on the button labelled 'Join Now' or 'Sign Up' on the registration page for your Kenya trading platforms' registration page. Participants in the Kenyan trading account registration process will see an electronic form on the following web page, where Kenya traders will be able to submit all of the personal information necessary to register a new Kenya trading account. Please complete the information request by your Kenya trading platform, including any required fields. Some Kenya trading platforms also allow users to log in and register using social media platforms such as Facebook or Gmail.

For the purpose of completing the Know-Your-Customer (KYC) process, newly registered Kenya traders and investors are required to provide both a Confirmation of Kenyan residence (e.g., a valid Kenya utility bill from the previous three months) and a Proof of Kenya Identity, such as a valid Kenyan passport or other form of officially issued Kenya photo ID.

New Kenyan traders may be required to complete a questionnaire as part of the Know Your Customer (KYC) procedure. As an example, questions about a Kenyan traders professional standing and level of expertise of the financial markets might be asked by your Kenya trading platform. These small questionnaires are meant to assist Kenya traders in determining how your Kenya trading platform might be able to offer a better service to their Kenyan traders.

Fund Your Kenya Trading Account

Trading financial instruments on your Kenya trading platform requires the use of a Kenya funded trading account. From a Kenyan traders initial deposit, traders can use the trading tools available on Kenya trading platforms to research and action their trading and investment strategies which the goal of speculating on the price movements over time and potentially making a profit over time.

Minimum Deposits On Kenya Trading Accounts

Most Kenya trading platforms have a minium deposit requirement. Minimum deposits vary between Kenya trading platforms and can be between $0 - $1000 plus. The reason for such a range in minimum deposit requirements on Kenya trading platforms is that each Kenya trading account offers varying trading features and tools which may require a high minimum deposit. A high minimum high deposit requirement from a Kenya trading platform is not always a bad thing. It depends on what tools or Kenya trading account type you need to successfull execute your trading strategy and plan.

Available Funding Currencies On Kenya Trading Platforms

The majority of the transactions on Kenya trading platforms are in USD. Kenyan traders may still deposit money in other currencies like the KES and have it translated to US dollars (USD) before trading with their funded Kenya trading accounts. Please note if the base currency of your funding method and Kenya trading account are different your funding method may apply a currency conversion fee.

Most Kenya trading platforms offer funding their accounts with EUR, USD, GBP, AUD, RMB, CZK, DKK, IDR, MYR, NOK, PHP, PLN, SEK, THB and VND.

Research Financial Markets On Your Kenya Trading Platform

Once you have verified and funded your Kenya trading account you will want to learn you use the Kenya trading platforms technical analysis charting tools properly. You can do this with a Kenya trading platform demo account until you are confident enough to trade with a live Kenya trading account.

Technical analysis in the financial markets is something that is well worth Kenyan traders time to become familiar with on Kenya trading platforms. Technical analysis is one of the most important tools most Kenyan expert traders rely on for trend analysis and risk management when researching buy and sell trades. When it comes to online trading in Kenya, many Kenyan individuals are fast to jump on board, but Kenyan traders must take the time to learn you to use all the technical charting and risk management tools like stop orders and limit stop orders. Some Kenyan traders may find the technical parts of trading intimidating but Kenyan traders taking the time to understand technical indicators such as Bollinger Bands, EMA (Exponential Moving Average), Fibonacci Retracements and other technical indicators will find them immensely useful.

Place A Buy Or Sell Order With Limit Or Stop Orders On Your Kenya Trading Platform

It takes only a few seconds on a Kenya trading platform to place a buy or sell order. Login to your Kenya trading platform after clicking on the "Open Trade" or "Set Order" buttons to have an order to execute a buy or sell trade order.

Market orders are accepted by trading platforms in Kenya, regardless of whether the financial market in which you desire to invest is open or closed. The buy or sell trading order you placed on your Kenya trading platform will be executed as soon as the market opens at the best market price that is currently available to your Kenya trading broker. It is possible that Kenyan traders will only be allowed to place orders on less common financial instruments during market hours.

During market hours, this is almost always immediate on Kenya trading platforms. The Orders page in your live Kenya trading account Portfolio contains all of the orders that have been generated up to the time when they are actually executed. Kenyan traders must make sure they make use of stop and limit orders to manage and limit trading exposure and risk of loss on live global and Kenya financial markets. Make sure to continue to regularly monitor any live open trades in your Kenya trading account.

Withdrawal Funds From Your Kenya Trading Platform

At some point Kenyan traders will want to withdraw the available funds that have accrued in your Kenya trading platform account.

Kenyan traders have the ability to withdraw available funds from their Kenya trading accounts at any moment. Kenya trading platform funds can be withdrawn up to the value of your Kenya trading accounts balance, less the amount of margin that has been utilised.

Within 2 business days of your Kenya trading platform receiving your request, your Kenya trading platform will send you an email verifying the status of your withdrawal. Funds available in your Kenya trading account by default are withdrawn using the same payment method used to deposit. If your Kenya trading platform is unable to repay your payments, they may request that Kenyan traders offer an alternate payout method.

Withdrawal requests on Kenya trading plaforms may be subject to a processing charge, which is determined by your payment processor. If you make a withdrawal from your Kenya trading platform in a currency other than US dollars, you may be charged currency conversion costs.

You will recieve an email confirmation with the specifics of your Kenya trading platform withdrawal request and status. Kenyan traders can also login to their Kenya trading account in order to see the current status of all withdrawal requests.

Kenya Trading Platforms Features

IC Markets
(4/5)
Min deposit : 200
IC Markets was established in 2007 and is used by over 180000+ traders. Losses can exceed deposits IC Markets offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. Cryptocurrency availability with IC Markets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)
eToro
(4/5)
Min deposit : 10
Visit eToro Try a Demo Read review

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

eToro was established in 2007 and is used by over 27000000+ traders. 78% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). Cryptocurrency availability with eToro is subject to regulation. Buying and selling real cryptocurrency assets may not be available in your country through eToro. Please check the latest information made available on their website.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)
Roboforex
(4/5)
Min deposit : 1
Roboforex was established in 2009 and is used by over 10000+ traders. Losses can exceed deposits Roboforex offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC)
AvaTrade
(4/5)
Min deposit : 100
AvaTrade was established in 2006 and is used by over 300000+ traders. 71% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . Cryptocurrency availability with AvaTrade is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049)
XM
(4/5)
Min deposit : 5
XM was established in 2009 and is used by over 3500000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XM offers Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs, Energies CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 250000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency. Cryptocurrency availability with XTB is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa
Pepperstone
(4/5)
Min deposit : 200
Pepperstone was established in 2010 and is used by over 89000+ traders. 74-89 % of retail investor accounts lose money when trading CFDs Pepperstone offers Forex, CFDs, Social Trading.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account Pro Account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
FP Markets
(4/5)
Min deposit : 100
FP Markets was established in 2005 and is used by over 10000+ traders. Losses can exceed deposits FP Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC)
Trading212
(3/5)
Min deposit : 1
Trading 212 was established in 2006 and is used by over 15000000+ traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading 212 offers Stocks, Forex, Commodities, Indices.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)
NordFX
(4/5)
Min deposit : 1
NordFX was established in 2008 and is used by over 10000+ traders. Losses can exceed deposits NordFX offers Forex.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs.


Plus500 offer a 100% Free and Unlimited Demo account No Deposit fees/Commissions No hidden fees Competitive fees Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546, Plus500SEY Ltd is authorised and regulated by the Seychelles Financial Services Authority (Licence No. SD039), Plus500SG Pte Ltd (UEN 201422211Z) holds a capital markets services license from the Monetary Authority of Singapore (MAS) for dealing in capital markets products (License No. CMS100648-1), PLUS500AU (PTY) LTD is regulated by the FSCA (Financial Sector Conduct Authority), Plus500 adheres to MiFID rules
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto. Cryptocurrency availability with easyMarkets is subject to regulation.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)
FXPro
(3/5)
Min deposit : 100
FxPro was established in 2006 and is used by over 1866000+ traders. 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider FxPro offers Forex trading, Share Dealing, Spot Indices, Futures, Spot Metals and Spot Energies.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, cTrader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting.

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Admiral
(3/5)
Min deposit : 200
Admiral Markets was established in 2001 and is used by over 10000+ traders. Losses can exceed deposits Admiral Markets offers Forex, CFDs.

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Mac, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account ECN account
Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)

Best Kenya Trading Platforms Reviews

We also have in depth reviews of each of the best Kenya Forex trading platform reviews listed below.

Best Kenya Trading Platforms Alternatives

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Written by Andrew Blumer - Senior Finance & Technology Editor

Best Kenya Trading Platforms 2022 guide updated 08/08/22

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Losses can exceed deposits
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Losses can exceed deposits