Top Forex Brokers in Kenya 2022

According to recent research, Kenya is one of the most promising Forex markets in the world. Even though Forex trading is still in its infancy in the country, more and more brokerages are appearing and offering their services to Kenyan traders. 

In this article, we will introduce you to the top Forex brokers in Kenya in 2022. We have selected only the most reliable and reputable companies that offer competitive conditions and excellent customer service. So, if you are looking for a Forex broker in Kenya, be sure to check out our list.

HFM

HFM is a multi-asset regulated and licensed global broker offering more than 3500 trading instruments in Forex, Commodities, Indices, Cryptocurrencies, and more. The broker provides a wide range of free trading tools and platforms to suit all trading styles and needs on any device.

The trading conditions are also competitive compared to most other brokers. HFM also has supportive customer support and provides great educational materials for both beginner and experienced traders.

Taking into account some of these benefits we chose HFM as Kenya’s top Forex broker.

AvaTrade 

AvaTrade is a global Forex broker with a strong presence in Kenya. The broker offers a wide range of currency pairs and CFDs, as well as excellent customer service and support. 

AvaTrade is a reputable Broker carrying top-tier regulators’ licenses. With the broker, the account opening is easy, and there is a great range of trading tools and user-friendly software, also many ways to deposit and withdraw funds. 

Pepperstone 

Pepperstone is another popular and heavily regulated Forex broker in Kenya. The broker offers a wide range of tradable instruments, including currency pairs, indices, commodities, and shares. The company also provides low-latency market access and advanced trading tools. In addition, Pepperstone offers a variety of account types to suit the needs of different types of traders. 

XM 

XM is a large international Forex broker that offers investors over 55 currency pairs and CFDs. The broker provides negative balance protection and 24/5 customer support. XM offers a very wide range of trading instruments which are its main benefits. Besides, the offering is user-friendly and XM has one of the lowest deposit requirements in the industry.

FXTM

FXTM is a well-known and regulated broker designed for both beginners and professional traders. The broker has one of the lowest deposit requirements. The trading conditions are good with low spreads and excellent customer service. FXTM offers more than 250 trading instruments including Forex, CFDs on Cryptocurrencies, Metals, Commodities, Indices, and more. 

Conclusion 

As we conclude our look at Kenya’s top Forex brokers in 2022, it is important to remember that choosing the right broker is not always about finding the one with the lowest fees or the highest Leverage. Instead, it is about finding the broker that best meets your needs as a trader. With that in mind, we hope that our list has given you a good starting point in your search for the perfect brokerage company.