Capital Markets Authority of Kenya. 3 of the 139 brokers in our researched set (2%) currently hold a licence from this regulator, computed live from the same dataset behind every review and ranking on this site.
| Jurisdiction | Kenya -- licenses "non-dealing" online forex brokers, "dealing" forex brokers (market makers), and forex money managers as separate categories, each with its own minimum-capital requirement |
|---|---|
| Leverage rules | Commonly reported at a maximum of 1:400, repeated consistently across industry sources but not confirmed against the CMA's own published regulations directly. |
| Investor compensation | No statutory compensation scheme. |
| Complaint process | A client reports a dispute to the CMA directly (and to the police for suspected fraud). Whether Kenya's Investor Compensation Fund (ICF) -- designed for failures of licensed stockbrokers and dealers -- extends to online forex broker clients specifically is something our sources genuinely disagreed on, so this isn't presented as a confirmed safety net either way. |
| Official register | Search the CMA's published list of licensed online forex brokers, dealers, and money managers → |
See our full CMA (Kenya) regulation guide for what this licence does and doesn't guarantee.
We track that each broker below discloses a CMA (Kenya) licence, but not the specific licence number or which legal entity holds it -- that detail isn't consistently available in our research for this regulator. See the broker's own review for whatever entity/licence detail it discloses directly.