Go to FxProWhat a minimum deposit really tells you
The minimum deposit is the smallest amount an account can be opened with. It is the cheapest fact to publish and the easiest to misread: a KES10 minimum says what the door costs, not what trading there costs.
Read it beside two other figures - the round-turn cost and the withdrawal time. A low minimum with a wide spread takes the difference back on every trade, and a low minimum you cannot withdraw from quickly is not a cheap account.
The ten below publish the lowest minimum deposit for residents of Kenya. Where a broker states no minimum at all, that is recorded as zero, which is a figure, not a blank.
Minimum deposit, USD (38 of 55 · median 22.5 USD)
Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.
Key facts (22 of 55 counts · 52 brokers onboarding Kenyan residents)
Top 3 (of 3 ranked)
What a minimum deposit really tells you (22 of 55)
| # | Broker | Round turn, USDKE | Min deposit, USDKE | Leverage | Withdrawal, hKE | Score | Execution | Founded | Funding |
|---|---|---|---|---|---|---|---|---|---|
| 1 | 7 | 0 | 400KE | 3 | 4.46 | ECN/raw + standard | 2019 | 2 methods · local | |
| 2 | 7 | 100 | 1000 groupKE | 24 | 4.22 | ECN/raw + standard | 2013 | 6 methods · local | |
| 3 | 7 | 5 | 400KE | 72 | 4.12 | ECN/raw + standard | 2008 | 5 methods · local | |
| 4 | 4.5 | 0 | 500KE | 1 | 4.09 | ECN/raw + standard | 2017 | 6 methods | |
| 5 | 6 | 25 | 500 groupKE | 72 | 4.08 | ECN/raw + standard | 2001 | 4 methods · local | |
| 6 | 5 | 50 | 500KE | 24 | 4.05 | ECN/raw + standard | 2005 | 4 methods | |
| 7 | 9 | 100 | 400KE | 48 | 4 | ECN/raw + standard | — | 4 methods · local | |
| 8 | 6 | 100 | 500KE | 24 | 3.9 | ECN/raw + standard | 2014 | 3 methods · local | |
| 9 | 6 | 0 | 200KE | 24 | 3.77 | Standard | 2014 | 3 methods · local | |
| 10 | 9 | 10 | 400KE | 24 | 3.77 | ECN/raw + standard | 2014 | 2 methods · local | |
| 11 | 7 | 100 | 500KE | 48 | 3.7 | ECN/raw + standard | 2009 | 4 methods · local | |
| 12 | 7 | 50 | 500KE | 4 | 3.67 | ECN/raw + standard | 1999 | 4 methods | |
| 13 | 3 | 50 | 1000KE | 24 | 3.65 | ECN/raw + standard | 2019 | 5 methods · local | |
| 14 | 17 | 5 | —stated, not verified | 24 | 3.58 | Standard | 2009 | 3 methods · local | |
| 15 | 23 | 10 | 400KE | 24 | 3.51 | Standard | 2011 | 5 methods · local | |
| 16 | 8 | 100 | 200KE | 72 | 3.45 | ECN/raw + standard | 2012 | 5 methods · local | |
| 17 | 3.5 | 30 | 3000KE | 24 | 3.41 | ECN/raw + standard | 1998 | 5 methods | |
| 18 | 14 | 5 | 5000KE | 72 | 3.4 | Standard | 2019 | 4 methods | |
| 19 | 5 | 10 | 2000KE | 24 | 3.37 | ECN/raw + standard | 2012 | 3 methods | |
| 20 | 18 | 50 | 1000KE | 48 | 3.24 | Standard | 2021 | 5 methods · local | |
| 21 | — | 0 | —stated, not verified | 120 | 3.05 | — | 1954 | 2 methods · local | |
| 22 | — | 5 | —stated, not verified | 72 | — | — | 2020 | 2 methods · local |
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
— the broker does not publish this figure; it is not read as a zero and it is not scored.
Eightcap publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.
The ten above illustrate the term. Brokers with the lowest minimum deposit in Kenya lists every broker that qualifies, with the figure each one publishes.
Identical for every row, so it is stated once: Who onboards Local · CMA Kenya · Swap-free fee none, no limit · KES account Yes.
1. TMGM — highest score of the three · locally licensed · withdrawal in 24 h (score 4.22)
- Round turn
- 7 USD
- Withdrawal
- within 24 hours
- KES account
- USD, AUD, NZD and others; no verified KES-denominated account at review.
- Leverage
- 1000 groupKE
- Licence
- CMA Kenya 219
- Accepts residents
- yes
- Onboarding entity
- Trademax Global Markets (KE) Pty Ltd
- Founded
- 2013
- Register
- https://cmarcp.or.ke · 09.07.2026
- Group leverage
- uncleargroup
- Instruments
- CFDs on currency pairs, indices, shares, metals and commodities (globally 12,000+ instruments).
- Platforms
- Funding
- Not served
- Reviews25%50
- Round-turn cost20%90
- Safety100
- Payouts15%80
- Track record10%65
- Platforms
Round turn 7 USD against the slice median 7 USD. strongest axis safety 100 of 100. total score 4.22.
Watch forPayouts axis 58 of 100; e-wallet times not published.
2. Equiti — locally licensed (score 4.12)
- Round turn
- 7 USD
- Withdrawal
- 1-3 working days
- KES account
- USD; mobile-money funding in KES.
- Leverage
- 400KE
- Licence
- CMA Kenya 107
- Accepts residents
- yes
- Onboarding entity
- EGM Securities Ltd
- Founded
- 2008
- Register
- https://egmsecurities.com · 09.07.2026
- Group leverage
- local
- Instruments
- FX, indices, commodities, metals (CFDs).
- Platforms
- Funding
- Not served
Round turn 7 USD against the slice median 7 USD. strongest axis safety 100 of 100. total score 4.12.
Watch forMin deposit 200 USD, double the Kenya median of 50; withdrawal time not published.
3. Fusion Markets — cheapest priced of the three · offshore (vfsc/seychelles) for kenyan cl · withdrawal in 1 h (score 4.09)
- Round turn
- 4.5 USD
- Withdrawal
- under 1 hour
- KES account
- No KES base-currency account; accounts in USD, AUD, EUR, GBP, JPY, CHF, CAD, NZD, SGD, HKD, so shilling deposits incur conversion.
- Leverage
- 500KE
- Licence
- SD096
- Accepts residents
- through an offshore entity
- Onboarding entity
- Kenyan retail clients are onboarded under the offshore arms Gleneagle Securities Pty Limited (Vanuatu VFSC) and/or Fusion Markets International Ltd (Seychelles FSA).
- Founded
- 2017
- Register
- https://fusionmarkets.com/About-us/Regulations · 09.07.2026
- Group leverage
- localgroup
- Instruments
- 250+ instruments: 90+ forex pairs, metals, commodities, indices, share CFDs and crypto CFDs.
- Platforms
- Funding
- Not served
Round turn 4.5 USD against the slice median 7 USD. strongest axis round-turn cost 100 of 100. total score 4.09.
Watch forOnboards Kenyan residents through an offshore entity: no CMA Kenya licence, no CMA Kenya complaints route, no KES account.
What the data shows(22 of 55 distributions · 52 brokers)
Swap-free availability (22 of 55 brokers)
Admin fee after the free period (22 of 55 swap-free)
Who onboards Kenyan residents (22 of 55 brokers)
KES account (22 of 55 brokers)
Round turn, one lot, USD (36 of 55 · median 7 USD)
Full list(22 of 55)
- 1EGM Securities (FXPesa)4.46
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 0
- Leverage
- 400KE
- KES
- Yes
- 2TMGM4.22
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100
- Leverage
- 1000 groupKE
- KES
- Yes
- 3Equiti4.12
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 5
- Leverage
- 400KE
- KES
- Yes
- 4Fusion Markets4.09
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 4.5
- Min deposit, USD
- 0
- Leverage
- 500KE
- KES
- Yes
- 5Admirals4.08
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 25
- Leverage
- 500 groupKE
- KES
- Yes
- 6LiteFinance4.05
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 50
- Leverage
- 500KE
- KES
- Yes
- 7Scope Markets4
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 100
- Leverage
- 400KE
- KES
- Yes
- 8Tickmill3.9
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 100
- Leverage
- 500KE
- KES
- Yes
- 9Trade Nation3.77
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 6
- Min deposit, USD
- 0
- Leverage
- 200KE
- KES
- Yes
- 10Scope Markets Kenya3.77
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 9
- Min deposit, USD
- 10
- Leverage
- 400KE
- KES
- Yes
- 11Eightcap3.7
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 100
- Leverage
- 500KE
- KES
- Yes
- 12ThinkMarkets3.67
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 7
- Min deposit, USD
- 50
- Leverage
- 500KE
- KES
- Yes
- 13Moneta Markets3.65
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 3
- Min deposit, USD
- 50
- Leverage
- 1000KE
- KES
- Yes
- 14XM3.58
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 17
- Min deposit, USD
- 5
- KES
- Yes
- 15FXTM3.51
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 23
- Min deposit, USD
- 10
- Leverage
- 400KE
- KES
- Yes
- 16CMTrading3.45
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 8
- Min deposit, USD
- 100
- Leverage
- 200KE
- KES
- Yes
- 17Alpari3.41
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 3.5
- Min deposit, USD
- 30
- Leverage
- 3000KE
- KES
- Yes
- 18FXGT3.4
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 14
- Min deposit, USD
- 5
- Leverage
- 5000KE
- KES
- Yes
- 19BDSwiss3.37
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 5
- Min deposit, USD
- 10
- Leverage
- 2000KE
- KES
- Yes
- 20T4Trade3.24
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Round turn, USD
- 18
- Min deposit, USD
- 50
- Leverage
- 1000KE
- KES
- Yes
- 21ABC Capital3.05
- Onboards
- Local · CMA Kenya
- Swap-free
- none, no limit
- Min deposit, USD
- 0
- KES
- Yes
How to read the ten below
- Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
- Check which company would onboard you.
The same brand can take a resident of Kenya through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
- Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 17.5 USD; a low deposit beside a wide spread takes the difference back on every trade.
Neighbouring slices(6 rankings · 5 explainers)
FAQ
- How many brokers qualify for this ranking in Kenya?
- 22 of 55 brokers measured for this country qualify.
- Which broker leads it, and on what basis?
- TMGM leads it with a score of 4.22. The order is computed score, highest first; unscored brokers follow.
- What does a trade typically cost here?
- The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
- Why do some rows show a dash instead of a figure?
- Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
- Why are only ten brokers shown here?
- This page explains the term; the ten illustrate it. The full ranking lists 22 of 55 and is one click away.
How this slice is scored
Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology
Verified · What changed · Sources(22 of 55 broker records)
Risk warning and affiliate disclosure
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.