1,062 broker-country pairs measured448 brokers20 countriesformula v1.0recalculated 2026-07-09data re-captured 2026-07-09updated 1 day agoAffiliate links never change scores.
Scope Markets in KE — review, licence and costs
WKWanjiru Kamau author
DMDaniel Mercer editor
OOOtieno Ouma fact-checker
score recalculated 01.10.2026
Cost calculator (30 of 55 accounts · median of 55 priced)
Score (30 of 55 of 55 axes)
4.45/ 5.0
shown, not ranked: no reviews
- Reviews25%no data
- Reviews20%cost 80
- Reviews20%safety 100
- Reviews15%payouts 60
- Reviews10%no data
- Reviews10%platforms 80
2 + 3 × 0.751 = 4.25 · axes on 0–100, total on 2.0–5.0
Key facts (30 of 55 fields)
- Onboarding entity
- SCFM Limited
- Founded
- no data
- Min deposit
- 100 USDKE
- Retail leverage
- 400KE
- Round turn
- 9 USDKE
- Withdrawal
- 1-2 working days hKE
- Currencies
- KES available; also USD.
- Swap-free account
- yes
Licence check (30 of 55 of 55 entity)
CMA Kenya · Non-dealing online forex broker
123
Open an account with Halden
Affiliate link; the score does not change. CFDs carry a high risk of rapid loss due to leverage.
Who actually onboards you(30 of 55 local and 1 offshore entity in the group)
- Sign-up from a Kenya addressRouted to Kenya Ltd by residence, not by IP.
- KYC by Kenya Ltdnational ID and proof of address.
- Contract with the LtdCMA Kenya rules apply; complaints go to CMA Kenya.
- Client moneySegregated with a Kenya bank; bank name no data
Local entityUsed for Kenyan residents
- Scope Markets (Kenya) Ltd, CMA Kenya CMA/LIC/112
- Retail leverage 1:50KE
- Negative balance protection: yes
Offshore entityNot used for Kenyan residents
- Halden Global Ltd, FSA Seychelles
- Leverage 1:1000group
- No CMA Kenya complaints route
If the sign-up form ever lands you on the Seychelles entity, the CMA Kenya licence above does not cover your account.
Leverage by entity (30 of 55 of 55 entities stated)
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
Local entity · onboards youLocal entitylocal · CMA Kenya licence 123
1:400KE
Kenya median, local entities: 1:50 · 18 of 20 statedApplies to youLocal entity · onboards youOffshore entityoffshore · CMA Kenya licence 123
1:500KE
Kenya median, local entities: 1:50 · 18 of 20 statedApplies to youScale from 1:10 to 1:3000, logarithmic.
Client protection (30 of 55 of 55 stated)
- Local entity onboards youLocally regulated by CMA Kenya; funds in segregated accounts at local banks. No CMA warning/alert found.client agreement §4.2 · page
- Segregated client fundsno dataclient agreement §4.2 · page
- Negative balance protectionno dataclient agreement §4.2 · page
- Investor compensation schemeno dataclient agreement §4.2 · page
- Regulator warning on filenone foundclient agreement §4.2 · page
“no data” means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against Kenya market median(priced from 30 of 55 of 55)
Round turn, 1 lot EURUSD, spread plus commission, USD
| Instrument | Halden Raw, USD | Halden Std, USD | Kenya median raw | Kenya median std | Priced |
|---|
Medians run over the brokers that publish a Kenya price, never over all 44. Group-wide prices are excluded.
Accounts(30 of 55 types)
| Account | Min deposit, USD | EURUSD spread, pips | Commission, USD | Leverage | Swap | Currencies |
|---|
Swap-free account terms (30 of 55 terms · 5 stated)
| Term | Halden, Kenya |
|---|
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Payouts(30 of 55 of 55 methods timed)
| Method | Deposit, h | Withdrawal, h | Fee, USD | Min, USD |
|---|
Taxes for a Kenyan resident(30 of 55 rules · as of 10.2026)
- 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;https://scopemarkets.co.kedomain
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (30 of 55 methods · 2 local)
- M-Pesa (instant deposit/withdraw)local
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- bank transferlocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- Visalocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- Mastercardlocal
- Deposit
- instant
- Withdrawal
- deposit only
- Fee
- no data
- Account currency
- KES available; also USD.
- Fastest withdrawal
- 1-2 working days h KE
- Fee declared
- 4 of 6 methods
- Withdrawal back to
- the funding method
Where it does not serve(30 of 55 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(30 of 55 of 55 platforms confirmed · 6 asset classes)
- MT5
- MT4, MT5
- cTrader
- MT4, MT5
- Web terminal
- MT4, MT5
- Mobile app
- MT4, MT5
- Copy trading
- MT4, MT5
- TradingView
- MT4, MT5
| Class | Count | Min spread | Leverage |
|---|
Reviews(30 of 55 platform · 25% of the score)
4.2/ 5
Trustpilot rating
1,384
reviews
28.09
snapshot, 2026
5 star64%
4 star14%
3 star6%
2 star4%
1 star12%
| Snapshot | Rating | Reviews |
|---|
Share of reviewers in Kenya: no data The platform does not publish it.
Topics in 1-star reviews (30 of 55 reviews, snapshot 28.09.2026)
Withdrawal delays41 · 25%
Verification (KYC)33 · 20%
Slippage22 · 13%
Support response19 · 11%
Other51 · 31%
Pros and cons(30 of 55 + 5, each tied to a figure above)
For
- Raw round turn 6.20 USD vs Kenya median 9.20
- CMA Kenya licence CMA/LIC/112, active on 01.10.2026
- KES account; bank withdrawal 24 h, fee 0
- Swap-free with no admin fee; ranked #1 of 30
- One of 6 of 44 brokers that publish a withdrawal time
Against
- Payouts axis 58 of 100, the lowest of six
- Min deposit 100 USD vs 10 at Tidemark
- E-wallet withdrawal time and fee not published
- Group site advertises 1:1000, unavailable to Kenyan residents
- Gold round turn 9.80 USD; 3 brokers price it lower
Alternatives in Kenya(30 of 55 of 55)
Methodology(30 of 55 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a Kenya score. Full methodology
| Axis | Weight | What is measured | Halden |
|---|
Where Halden sits in the Kenya base(30 of 55 brokers)
Round-turn cost, USD (30 of 55 of 55 priced)
2<6.5
26.5–7.5
27.5–8.5
38.5–9.5
39.5–10.5
110.5–11.5
4≥11.5
Highlighted: Halden Raw at 6.20
Minimum deposit, USD (30 of 55 of 55 priced)
9<25
925–99
10100
3101–299
4≥300
Highlighted: Halden at 100 · Kenya median 50
Retail leverage (30 of 55 of 55 with a Kenya figure)
11≤1:30
71:50
51:51–200
61:201–400
10>1:400
1 group-only figure excluded · 4 no data
Withdrawal time published (30 of 55 brokers)
Published, hours6No data38Halden is one of the 6
FAQ(30 of 55 questions)
Verified · What changed · Sources(30 of 55 sources · 4 changes)
Verified01.10.2026
next review 01.01.2027
What changed
Sources · precision