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Crypto Brokers2026

Brokers by Country · KE

Crypto Brokers in Kenya, 2026

Tracked byUpdated

Kenya runs the most developed retail FX framework in Sub-Saharan Africa outside South Africa — the CMA introduced an Online Foreign Exchange Broker licence in 2017, and a handful of brokers (Scope Markets Kenya, EGM Securities/FXPesa, HotForex Kenya, Pepperstone Kenya) operate domestically licensed entities. Most retail flow still routes through offshore brokers, with M-Pesa and USD wires dominating funding alongside USDT for offshore-only providers.

3 / 3 brokers accept Kenya

crypto

  1. Editorial top pick

    01AvaTrade

    ASICFSCACBIBVI
    Open account at AvaTrade →
    Avg spread
    0.90pip
    broker-published typical
    Cost / lot
    $9.00
    no commission
    Min deposit
    $100
    Max leverage
    1:400
    EU/UK/AU retail: 1:30 · FSCA / BVI entities: up to 1:400

    Regulated in 6 jurisdictions · Spread-only pricing at 0.9 pip = ~$9/lot round-turn — wider than ECN/Raw brokers at similar volume

    Fits ifYou are AU or EU retail and want CBI + ASIC double cover with 20 years of operating history
    PlatformsMetaTrader 4, MetaTrader 5, AvaOptions, DupliTrade

    Founded in 2006

    Full AvaTrade details →

  2. 02Libertex

    SVG FSA
    Open account at Libertex →
    Avg spread
    0.50pip
    midpoint of broker range
    Cost / lot
    $5.00
    no commission
    Min deposit
    $10
    Max leverage
    1:999
    Libertex International (St. Vincent & the Grenadines). EU/EEA residents are served by the separate CySEC-regulated entity at 1:30.

    $10 minimum + Forex Club heritage (founded 1997) — long operating history · Offshore SVG (St. Vincent & the Grenadines) registration only — no tier-1 (FCA/ASIC) or EU (CySEC) oversight

    Fits ifYou have $10 to start — one of the lowest entry minimums in our list
    PlatformsMetaTrader 4, MetaTrader 5, Libertex Platform

    Founded in 1997

    Full Libertex details →

  3. 03Bybit

    VARA
    Open account at Bybit →
    Avg spread
    0.10pip
    broker-published typical
    Cost / lot
    $4.00
    incl. $3 commission
    Min deposit
    None
    Max leverage
    1:500
    Up to 1:500 on FX/CFD via MT5 · 1:100+ on crypto perpetuals · no ESMA cap (offshore crypto-CFD exchange)

    MT5 CFD offering with ~0.1 typical spread + ≈$3 RT equivalent — cost-competitive with ECN tiers despite crypto-first business · FX CFDs are secondary product — Bybit core business is crypto derivatives, FX depth and liquidity differ from dedicated forex brokers

    Fits ifYou already trade crypto at Bybit and want FX CFDs in the same unified-margin account
    PlatformsMetaTrader 5, Bybit

    Founded in 2018

    Full Bybit details →

Country context

Regulator
CMA Kenya · Capital Markets Authority — introduced an online-FX broker licensing regime in 2017, the first dedicated framework in Sub-Saharan Africa outside South Africa
Currency
KES
Payment methods
M-PesaWire transfer (USD / KES)VisaUSDT
Tax

Personal income tax is progressive up to 35%. Capital gains on financial instruments are taxed at 15% (introduced 2023). Foreign brokers are not Kenyan tax agents; income is self-declared via the KRA iTax annual return. CMA-licensed brokers issue annual statements that align with Kenyan tax accounting.

Retail trading rules

For CMA-licensed Online FX brokers, leverage is capped at 1:400 with mandatory negative balance protection and segregated client funds. Offshore brokers serving Kenyan residents operate outside this framework and self-set limits (commonly 1:500 to 1:1000). The CMA publishes a public list of licensed entities and warnings against unauthorised solicitations.

Frequently asked

Which brokers accept residents of Kenya?+

3 of 3 brokers in our ranking accept Kenya: AvaTrade, Libertex, Bybit.

Who regulates brokers for Kenya?+

Primary regulator: CMA Kenya — Capital Markets Authority — introduced an online-FX broker licensing regime in 2017, the first dedicated framework in Sub-Saharan Africa outside South Africa.

What payment methods are available?+

Common methods: M-Pesa, Wire transfer (USD / KES), Visa, USDT.

What are the tax rules for trading in Kenya?+

Personal income tax is progressive up to 35%. Capital gains on financial instruments are taxed at 15% (introduced 2023). Foreign brokers are not Kenyan tax agents; income is self-declared via the KRA iTax annual return. CMA-licensed brokers issue annual statements that align with Kenyan tax accounting.

Scope of coverage

Brokers tracked
14
Regulators indexed
55
Regulator actions logged
2
Latest pricing verification
Jul 14, 2026

Pricing and licensing status refresh weekly; the ranking is reviewed quarterly.