Best Forex Brokers In Kenya
with special focus on forex brokers that are beginner friendly
Updated: January 14, 2026
IC Markets
A low spread multi-asset broker authorized by the CMA Kenya
Min Trade
USD 1
Min Deposit
KES 10
Base Currencies
USD, AUD, GBP, EUR, CAD, SGD, JPY, HKD, CHF
|
HFM (HF Markets)
HFM Kenya is a CMA regulated forex broker with $5 minimum deposit, MPESA funding & KES wallet curren...
Min Trade
KES 1
Min Deposit
KES 700
Base Currencies
DZD, USD, EUR, GBP
|
Pepperstone
Pepperstone is a CMA regulated forex broker with no minimum deposit, advanced trading tools & USD t...
Min Trade
USD 1
Min Deposit
No
Base Currencies
AUD, USD, GBP, EUR, CHF, JPY, SGD, HKD
|
Exness
Exness is a CMA regulated non-dealing forex broker that accepts MPesa & has KES accounts
Min Trade
USD 1
Min Deposit
KES 1290
Base Currencies
USD, GBP, JPY, EUR, SGD, AUD, KES, ZAR, NGN, GHS
|
FXTM
FXTM Kenya is a CMA Regulated Forex Broker that offers ECN Pricing on its MT4/5 Platforms
Min Trade
USD 1
Min Deposit
USD 5
Base Currencies
USD, EUR, GBP, NGN
|
FXPesa
FXPesa is a CMA regulated forex & NSE derivative broker with no minimum deposits & USD trading accou...
Min Trade
USD 1
Min Deposit
No
Base Currencies
USD
|
Scope Markets
Scope Markets holds dual licenses from the Capital Markets Authority (CMA) Kenya
Min Trade
USD 1
Min Deposit
USD 10
Base Currencies
KES, USD
|
Anzo Capital
Anzo Capital is a CMA regulated broker with $10 minimum deposit
Min Trade
USD 1
Min Deposit
USD 10
Base Currencies
USD, EUR
|
FP Markets
A CMA regulated forex broker offering ECN Pricing & a variety of trading platforms including Trading...
Min Trade
USD 1
Min Deposit
USD 100
Base Currencies
ZAR, USD
|
Forex Brokers With $1 Minimum Deposit
In kenya, brokers like Pepperstone, FXPesa & IC Markets have a $1 minimum deposit. Infact This makes them affordable to every type of trader, especially beginners looking to start trading forex in Kenya.
A minimum deposit means the smallest amount of money you can deposit into your trading account at any given time. if you try to deposit an amount below the brokers specified minimum deposit, the send button will be deactivated.
Forex Brokers That Accept KES Deposits
All the CMA regulated brokers we have listed above, will allow you to deposit KES currency into your trading account. They will also accept USD deposits.
Forex Brokers That Work With MPESA
As per our testing, IC Markets, HFM, Exness, FXPesa & Pepperstone; are compatible with MPESA, so they allow deposit/withdrawal via MPESA.
Forex Brokers With No Minimum Withdrawal
Forex brokers like Pepperstone & FXTM (Exinity), do not have a minimum withdrawal rule. So you can withdraw any amount you want.