Top 10 Low Deposit Forex Brokers for Kenyan Traders
Kenya has a thriving forex trading community seeking accessible brokers with low entry barriers. We've identified brokers offering deposits as low as KES 130-500, accepting M-Pesa and Kenyan bank transfers, and providing KES account options. These brokers combine low minimum deposits with CMA or international regulation and competitive trading conditions.
What is the minimum deposit for forex trading in Kenya?
Many brokers accept Kenyan traders with deposits as low as KES 130-650. Exness, HFM, and Pepperstone offer zero minimum deposits. FBS accepts just KES 130 (~$1), while XM accepts KES 650 (~$5).
Low Deposit Requirements
Compare minimum deposits and accessibility for Kenyan traders.
| Broker | ||
|---|---|---|
| Exness | KES 0 | |
| XM | KES 650 | |
| HFM | KES 0 | |
| FXTM | KES 1,300 | |
| RoboForex | KES 1,300 | – |
| AvaTrade | KES 13,000 | – |
| Pepperstone | KES 0 | – |
| OctaFX | KES 2,000 | |
| FBS | KES 130 | |
| IC Markets | KES 26,000 | – |
Detailed Broker Analysis
Zero minimum with M-Pesa support.
Exness is perfect for Kenyan traders with zero minimum deposit and full M-Pesa support. CMA regulated with instant withdrawals.
Best education with M-Pesa support.
XM offers excellent educational resources including webinars. KES 650 minimum deposit with M-Pesa support and 24/5 customer support.
CMA regulated with zero minimum.
HFM is CMA regulated with zero minimum deposit and M-Pesa support. HFCopy social trading available for Kenyan traders.
CMA regulated pro-grade execution.
Pepperstone is CMA regulated with zero minimum deposit and institutional-grade execution. Spreads from 0.0 pips.
Strong African presence with M-Pesa.
FXTM has a strong presence in Kenya with M-Pesa support. Excellent education and copy trading via FXTM Invest.
Popular in Kenya with instant M-Pesa.
OctaFX is popular among Kenyan traders with instant M-Pesa deposits and withdrawals. No commission trading.
Ultra-low KES 130 minimum deposit.
FBS offers one of the lowest minimums at just KES 130 (~$1). M-Pesa support and high leverage up to 1:3000.
High leverage with instant withdrawals.
RoboForex offers KES 1,300 minimum with high leverage up to 1:2000. Instant withdrawals via e-wallets.
Multi-regulated with excellent education.
AvaTrade offers comprehensive education and multi-regulation. Higher minimum but excellent for traders ready to learn.
Best for scalping with true ECN.
IC Markets offers true ECN execution with spreads from 0.0 pips. Higher minimum but excellent for experienced scalpers.
Frequently Asked Questions
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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 country acceptance status. Please verify availability with the broker directly before proceeding.
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January 2026













