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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
Lisa Martinez

Written by

Lisa Martinez

Marcus Thompson

Fact Checked by

Marcus Thompson

Top Rated for Kenya

#1
Hantec Markets
Hantec Markets
Open
#2
FXTM
FXTM
Open
#3
Exness
Exness
Open
Full Comparison
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

Available 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.

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Exness

FCA (UK)
Cashback / Rebate

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

FXTM

FCA (UK)
Welcome Bonus

$500 Welcome Bonus on First Deposit

$500 non-withdrawable trading credit with code HELLOFXTM. Volume-based commission discounts.

Verified Mar 28, 2026

HFM

FCA (UK)
Deposit Match

100% Supercharged Bonus + Daily Rebates

100% supercharged bonus on deposits. Daily rebates up to $2/lot. HFM Bars loyalty program.

Verified Mar 28, 2026

CMA License Details

BrokerLink
Hantec MarketsN/AN/AOpen
FXTMExinity East Africa LimitedLicense No. 135Open
ExnessExness KE LimitedLicense No. 162Open
HFMHFM Investments LimitedLicense No. 155Open
PepperstonePepperstone Markets Kenya LimitedLicense No. 128Open
Scope MarketsSCFM LimitedLicense No. 123Open
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
Professional Choice.

Pepperstone Markets Kenya Limited brings world-class ECN trading to Kenya under local CMA regulation.

DepositKES 0
SpreadUltra-Low
Scope Markets
Scope Markets
Home-Grown Broker.

Scope Markets (SCFM Limited) is a prominent local broker in Kenya offering reliable trading services.

DepositKES 1300
SpreadStandard
Hantec Markets
Hantec Markets
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

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.

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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 the country-acceptance status captured in our latest eligibility checks.