Go to FxPro
CMC Markets in Kenya — review, licence and costs
Score (5 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%50
- Safety20%0
- Payouts15%60
- Track record10%100
- Platforms10%no data
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with CMC MarketsThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards Kenya residents
- CMC Markets does not accept clients resident in Kenya; Kenya is listed among CMC's restricted countries.
- Local standing
- Not served; no local CMA regulation and no offshore onboarding offered.
- Licence as the register states it
- No CMC entity holds a Kenyan Capital Markets Authority (CMA) licence; not applicable.
- Leverage for this entity
- not applicable
- The firm behind it
- Founded 1989, HQ London, listed on the London Stock Exchange; long-established global CFD/spread-betting broker.
- What we hold against it
- Tier-1 regulated group; Kenya outside its accepted markets.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Kenyan residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
"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.
Client protection
- Local entity onboards youNot served; no local CMA regulation and no offshore onboarding offered.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Accounts
Account types the broker names for this country: not applicable. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Taxes for a Kenyan resident(1 rule)
- 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://tradersunion.com/brokers/forex/view/cmc-markets/available-countries
Not tax advice. Check with the Kenya Revenue Authority.
Deposit and withdrawal methods (1 methods · 0 local rails)
not applicable
- Account currency
- not applicable
- Fee declared
- 0 of 0 methods
- Withdrawal back to
- the funding method
Where it does not serve(6 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(1 platform)
| Class | Count | Min spread | Leverage |
|---|---|---|---|
| All instruments | 12000+ | — | 200KE |
71 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 65 more.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.0 | 3,488 |
Share of reviewers in Kenya: — The platform does not publish it.
Pros and cons(2 for and 4 against, each tied to a figure on this page)
- Min deposit 0 USD, under the Kenya median 25
- Track record 100 of 100, its strongest of 5 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- No Kenya authorisation on file: the entity that onboards you is licensed elsewhere
- Safety 0 of 100, its weakest of 5 scored axes
- Not scored on round-turn cost: the broker publishes no figure we could read
Alternatives in Kenya(6 of 55 scored in Kenya)
- Round turn, USD
- 9KE
- Min deposit, USD
- 0 groupKE
- Rank in this country
- #33
- Round turn, USD
- 4.5KE
- Min deposit, USD
- 0KE
- Leverage
- 500KE
- Rank in this country
- #7
- Round turn, USD
- 6KE
- Min deposit, USD
- 0 groupKE
- Leverage
- 500 group
- Rank in this country
- #10
- Round turn, USD
- 6KE
- Min deposit, USD
- 10 groupKE
- Leverage
- 3000KE
- Rank in this country
- #14
- Round turn, USD
- 6KE
- Min deposit, USD
- 0KE
- Leverage
- 200KE
- Rank in this country
- #15
- Round turn, USD
- 7KE
- Min deposit, USD
- 20 groupKE
- Leverage
- 200KE
- Rank in this country
- #3
Methodology(6 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 | CMC Markets |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 50 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | — |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
Where CMC Markets sits in the Kenya base(55 brokers)
Round-turn cost, USD (36 of 55 priced)
Median 7 USD · range 3-23 · 19 of 55 brokers do not publish it
Minimum deposit, USD (27 of 55 priced)
Median 25 USD · range 0-2500 · this broker 0 USD · 28 of 55 brokers do not publish it
Retail leverage (29 of 55 with a Kenya figure)
Median 1:500 · range 30-5000 · this broker 1:200 · 26 of 55 brokers do not publish it
Withdrawal time published (55 brokers)
FAQ
- Does CMC Markets accept residents of Kenya?
- No. Not served; no local CMA regulation and no offshore onboarding offered. Onboarding entity: CMC Markets does not accept clients resident in Kenya; Kenya is listed among CMC's restricted countries.
- Is CMC Markets licensed to serve clients in Kenya?
- No CMC entity holds a Kenyan Capital Markets Authority (CMA) licence; not applicable. Checked on 09.07.2026.
- What leverage does CMC Markets offer to retail clients in Kenya?
- Up to 1:200. +44 (0)20 7170 8200 [email protected] Create account 0.0 Pips FX minimum spread ¹ 1:200 Maximum retail leverage 0.01 Micro lot trading* 12,000 Financial instruments 24/5 Dedicated cust
- How can I withdraw money from CMC Markets in Kenya?
- not applicable
- What account types does CMC Markets offer?
- not applicable