Scope Markets Kenya — Kenya
Key facts (8)
- Who actually onboards you
- SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (pa
- Licence number
- s 123
- Established
- 2014group
- Min deposit, USD
- 10 USDgeo
- Platforms
- MetaTrader 4 · MetaTrader 5
- Local funding
- M-Pesa (instant deposits/withdrawals, min withdr
- Max leverage
- 400geo
- EURUSD
- 1.1 pipsgeo
This broker against the Kenya middle (30 of 55)
| Scope Markets Kenya | Kenya median | |
|---|---|---|
| Round turn, USD | 9.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 50.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 1.1 pipsgeo | 1.05 pips |
| EURUSD, raw | 0.2 pipsgeo | 0.0 pips |
| Established | 2014group | 2009.0 |
| Platforms | 2 | 3 |
Accepts residents of Kenya
Yes
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (part of the international Scope Markets group)
Locally licensed entity
Account types and entry terms
Silver (MT5, USD base, entry-level, ~$10 min), Gold (MT5, KES base, tighter spreads, ~$100 min, up to 1:400), Scope Inve
How long a withdrawal takes
What one lot actually costs in Kenya (30 of 55)
raw+commission
The public rating
Trustpilot rating of 2.5 out of 5 based on 52 reviews
Platforms and markets (2)
MetaTrader 4 · MetaTrader 5
Forex, CFDs (indices, commodities, metals), plus real shares (NSE-listed and global) via Scope Invest
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
United States, Canada, United Kingdom, Australia, North Korea, Iran
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 (4)
Checked: 2026-07-11
FAQ (4)
Does Scope Markets Kenya accept residents of Kenya?
Yes.
Which entity onboards a Kenya client of Scope Markets Kenya?
SCFM (Kenya) Limited / SCFM KE LTD, trading as Scope Markets Kenya (part of the international Scope Markets group)
What licence does Scope Markets Kenya hold for Kenya?
Licence s 123.
What does one EURUSD lot cost at Scope Markets Kenya?
9.0 USD per round turn against a Kenya median of 7.0 USD, measured on 30 of 55 brokers.