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Rift Ledger
55 brokers measured30 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Equiti — Kenya

Key facts (8)

Who actually onboards you
EGM Securities Ltd
Licence number
107
Established
2008group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · Equiti Trader app
Local funding
M-Pesa and mobile money, cards, bank transfer, e
Max leverage
400geo
EURUSD
1.4 pipsgroup

This broker against the Kenya middle (30 of 55)

EquitiKenya median
Round turn, USD7.0 USD7.0 USD
Min deposit, USDno data50.0 USD
Max leverage400geo500.0geo
Withdrawal, h1-3 working days hgroup24.0 h
EURUSD, standard1.4 pipsgroup1.05 pips
EURUSD, raw0 pipsgroup0.0 pips
Established2008group2009.0
Platforms33

Accepts residents of Kenya

Yes

Score (6/6 axes)

4.16 of 5
reviews5025%
cost9020%
safety10020%
payouts4015%
track_record9010%
platforms6510%

Ranked against brokers measured on every axis

Licence check

Licence number
107
Checked
2026-07-09

Register

Who actually onboards you

EGM Securities Ltd

Locally licensed entity

EGM Securities Ltd (Equiti group), trading locally as FXPesa, Nairobi.

Account types and entry terms

Classic (no min), Standard (from $30), Premier (from $100).

How long a withdrawal takes

Withdrawal, h
1-3 working days hgroup

What one lot actually costs in Kenya (30 of 55)

Round turn, USD
7.0 USD
Median
7.0 USD

raw+commission

The public rating

Reviews
4.0/5 from 281 reviewsgroup

Equiti Reviews 281

Platforms and markets (3)

MT4 · MT5 · Equiti Trader app

FX, indices, commodities, metals (CFDs).

How Kenya treats trading income

Forex/CFD profit treated as ordinary income for most retail traders (not capital gains), added to taxable income, taxed on graduated bands roughly 10% up to a top marginal rate of 35% (as of the review; verify with KRA). Trading via a company: corporate rate 30%. Tax residents file an annual return declaring worldwide income including foreign-sourced trading gains, between 1 January and 30 June; i

Where else a Kenya resident can go (6)

Where it does not serve

Afghanistan, Bahamas, Belarus, Belgium, Burundi, Bulgaria, Central African Republic, Croatia, Congo Rep., Cote d’Ivoire, Crimea Region, Cuba, Democratic Republic of the Congo, Eritrea, Guinea-Bissau, Haiti, Iran, Korea, North, Libya, Mozambique, Myanmar, Namibia, New Zealand, Nicaragua, Panama, Philippines, Somalia, South Sudan, Spain, Sudan, Syria, Turkmenistan, United States Minor Outlying Islan

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (5)

Does Equiti accept residents of Kenya?

Yes.

Which entity onboards a Kenya client of Equiti?

EGM Securities Ltd

What licence does Equiti hold for Kenya?

Licence 107.

What does one EURUSD lot cost at Equiti?

7.0 USD per round turn against a Kenya median of 7.0 USD, measured on 30 of 55 brokers.

How long does a withdrawal from Equiti take?

1-3 working days hours as published. take 1-3 working days for processing