CMA VERIFIED 2026 Official Capital Markets Authority (Kenya) Non-Dealing Online Forex License Register
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Capital Markets Authority (CMA) Licensed Non-Dealing Brokers Only

Compare Regulated Forex Brokers in Kenya

Trade safely with 100% CMA-licensed brokers offering instant M-Pesa deposits, local KES bank segregation, zero-spread ECN accounts, and TradingView support.

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CMA Licensed Brokers
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Mobile Money Deposits

CMA Licensed Broker Directory 7 Brokers

Directly regulated under the Capital Markets Authority Act (Cap 485A) Kenya.

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Trading Cost Transparency

Live Spread & Fee Calculator

Estimate exact trading expenses per order and per month across all CMA brokers before opening an account.

1.0 Lot (100,000 units)
Current FX Conversion: 1 USD = 130.00 KES

Estimated Trading Cost Breakdown

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Broker Avg Spread Commission / Lot Cost per Trade Monthly Cost (KES)
Local Kenyan Mobile Money

M-Pesa Paybill & Funding Hub

All CMA-regulated brokers support zero-fee deposits via M-Pesa Paybill or integrated gateways with instant processing.

Capital Markets Authority Act (Cap 485A)

Why You Should Trade Only With CMA-Regulated Brokers

The Capital Markets Authority (CMA) of Kenya strictly enforces regulations for online forex trading under the Capital Markets (Online Foreign Exchange Trading) Regulations, 2017. Trading with an unlicensed broker risks complete loss of funds without local legal recourse.

  • Segregated Local Bank Accounts: Client funds must be held separately in top-tier Kenyan commercial banks (e.g., KCB, NCBA, Stanbic) from operational funds.
  • Negative Balance Protection: Retail accounts cannot go into negative balance; you never owe money beyond your deposit.
  • Local Dispute Resolution: Direct recourse through CMA Kenya regulatory body & Kenyan judicial system.

Official License Verification Tool

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