Forex Trading in Kenya – A Beginners Guide

Forex Kenya is a complete resource for forex traders in Kenya.

Forex trading in Kenya is regulated and legal in Kenya. Brokers have to licensed by CMA to operate in Kenya.

Currently there are 4 CMA licensed forex brokers:

  • EGM Securities or FXPesa
  • Scope Markets
  • Pepperstone Kenya
  • Exinity Limited (FXTM)

Many new traders would ask how they can get started with forex traders, Here are is our step by step guide.

How can you Trade Forex in Kenya?

Here are 9 Basic steps to trade forex in Kenya

  1. Learn the Basics of Forex Trading including all the Risks
  2. Search, Compare and Select a Forex Broker
  3. Compare Forex Account Plans and Fees
  4. Choose a Plan that suits your needs
  5. Signup with Forex Broker
  6. Complete Verification
  7. Deposit Funds using convenient Payment Method
  8. Start Trading Forex
  9. Keep Learning and Practicing