Moneta Markets — Kenya
Key facts (8)
- Who actually onboards you
- Moneta Markets Ltd
- Licence number
- SD144
- Established
- 2019group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · PRO Trader · AppTrader
- Local funding
- Bank/wire, Visa/Mastercard, FasaPay, SticPay and
- Max leverage
- 1000geo
- EURUSD
- 1.2 pipsgroup
This broker against the Kenya middle (30 of 55)
| Moneta Markets | Kenya median | |
|---|---|---|
| Round turn, USD | 3.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | within 24 hours; 1-7 business days hgroup | 24.0 h |
| EURUSD, standard | 1.2 pipsgroup | 1.05 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2019group | 2009.0 |
| Platforms | 4 | 3 |
Accepts residents of Kenya
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Moneta Markets Ltd
Offshore entity
Kenyan retail clients are onboarded by Moneta Markets Ltd, St Lucia-registered (RIBC 2023-00068) under Seychelles FSA licence SD144.
Account types and entry terms
Direct STP (min USD 50, spread-only from ~1.2 pips), Prime ECN (min USD 50, from 0.0 pips + ~USD 3/side), Ultra ECN (min
How long a withdrawal takes
What one lot actually costs in Kenya (30 of 55)
raw+commission
The public rating
Considering 159 reviews
Platforms and markets (4)
MT4 · MT5 · PRO Trader · AppTrader
1,000+ instruments: forex, indices, commodities, share CFDs, crypto CFDs, ETFs and bonds.
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
Canada, Cyprus, France, Spain, Russia, Ukraine, Italy, United States, Australia, United Kingdom, Singapore, Japan
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
FAQ (5)
Does Moneta Markets accept residents of Kenya?
Through an offshore entity.
Which entity onboards a Kenya client of Moneta Markets?
Moneta Markets Ltd
What licence does Moneta Markets hold for Kenya?
Licence SD144.
What does one EURUSD lot cost at Moneta Markets?
3.0 USD per round turn against a Kenya median of 7.0 USD, measured on 30 of 55 brokers.
How long does a withdrawal from Moneta Markets take?
within 24 hours; 1-7 business days hours as published. Withdrawals are generally processed within 24 hours... it can take between 1-7 business days