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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

Fusion Markets — Kenya

Key facts (8)

Who actually onboards you
Kenyan retail clients are onboarded under the offshore arms Gleneagle
Licence number
SD096
Established
2017group
Min deposit, USD
not stated
Platforms
MetaTrader 4 · MetaTrader 5 · cTrader · TradingView
Local funding
Bank wire, Visa/Mastercard, Skrill, Neteller, Pa
Max leverage
500geo
EURUSD
0.9 pipsgroup

This broker against the Kenya middle (30 of 55)

Fusion MarketsKenya median
Round turn, USD4.5 USD7.0 USD
Min deposit, USDno data50.0 USD
Max leverage500geo500.0geo
Withdrawal, hno data24.0 h
EURUSD, standard0.9 pipsgroup1.05 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2017group2009.0
Platforms43

Accepts residents of Kenya

No

Score (5/6 axes)

3.99 of 5
reviews8525%
cost10020%
safety1020%
track_record4510%
platforms8510%

Ranked against brokers measured on every axis

Licence check

Licence number
SD096
Checked
2026-07-09

Register

Who actually onboards you

Kenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusio

Locally licensed entity

Account types and entry terms

Zero account (raw spreads from 0.0 pips + AUD 4.50/side commission) and Classic account (all-in spreads, no commission);

How long a withdrawal takes

Withdrawal, h
not stated

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

Round turn, USD
4.5 USD
Median
7.0 USD

raw+commission

The public rating

Reviews
4.7/5, 4909 reviewsgroup

Evaluating 4,909 reviews

Platforms and markets (4)

MetaTrader 4 · MetaTrader 5 · cTrader · TradingView

250+ instruments: 90+ forex pairs, metals, commodities, indices, share CFDs and crypto 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, Democratic Republic of Congo, Republic of Congo, Iran, Iraq, Japan, Myanmar, New Zealand, North Korea, Palestine, Russia, Spain, Somalia, Sudan, Syria, Ukraine, Yemen, United States, American Samoa, Guam, Northern Mariana Islands, Puerto Rico, US Minor Outlying Islands, US Virgin Islands

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 (2)

Checked: 2026-07-09

FAQ (4)

Does Fusion Markets accept residents of Kenya?

No.

Which entity onboards a Kenya client of Fusion Markets?

Kenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA).

What licence does Fusion Markets hold for Kenya?

Licence SD096.

What does one EURUSD lot cost at Fusion Markets?

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