Scope Markets Kenya

Written by How we review

Scope Markets Kenya is a locally regulated forex and CFD broker providing access to a range of markets, including currencies, indices, commodities, and shares, on established trading platforms. It offers localized client support and resources with a focus on compliance.
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Key facts

7.5/10
Our rating
#151
Trust rank
2014
Founded
4
Licences
1
Countries accepted
HeadquartersKenya
Broker typeSTP
RegulationCMA; CySEC; FSCA; IFSC
PlatformsMT4, MT5
InstrumentsCommodities, Forex, Indices
Fee levelMedium

Updated

Pros

  • • CMA-regulated in Kenya (Non-Dealing Online Forex Broker)
  • • MT4 and MT5 platforms
  • • M-Pesa and local KES deposits/withdrawals
  • • KES-denominated accounts
  • • No Dealing Desk (NDD) execution

    • Cons

  • • CMA Kenya regulation only; lacks Tier-1 oversight
  • • CFDs only; no exchange-traded instruments
  • • No cTrader or TradingView platform support
  • • No guaranteed stop-loss orders (GSLO)
  • • Leverage capped at 1:400

    • Key Features

  • • CMA Regulated Non Dealing Online Forex Broker with Client Funds Segregation
  • • MetaTrader 4 and MetaTrader 5 Platforms for Desktop Web and Mobile
  • • CFDs on Forex Indices Commodities and Shares
  • • Raw Spread and Standard Account Types with NDD STP Execution
  • • Local KES Accounts with Instant M Pesa Deposits and Withdrawals
  • • Negative Balance Protection and Risk Management Tools

    • Similar Brokers

    Where This Broker Ranks

    Scope Markets Kenya is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    Frequently Asked Questions

    Scope Markets Kenya operates under a license from the Capital Markets Authority of Kenya through a locally registered entity. You can confirm the authorization on the regulator's public register and on the broker's legal documents. Regulation sets conduct, disclosure, and capital rules, but it does not remove market risk. Before you open an account, review the complaints process, client money arrangements, and terms. This content is for general information only and not financial, legal, or investment advice.

    With Scope Markets Kenya, you can trade contracts for difference on major and minor currency pairs and a selection of commodities, equity indices, and shares, subject to account approval and local rules. Availability varies by platform and account setup. You should check the full instrument list, trading sessions, and specifications in the platform before you place orders. Leveraged derivatives amplify both gains and losses, so make sure you understand margin, stop outs, and overnight financing. This is general information, not advice.

    You can access a web platform plus widely used third-party desktop and mobile platforms. Core features include live pricing, charts with multiple indicators, one-click or standard order entry, pending orders, and risk controls such as stop and limit orders. You also get account statements, trade history, and basic alerts. Platform choice can affect costs, order types, and available instruments. Check system requirements and platform terms before you install or log in. This information is general and not advice.

    You can fund and withdraw via bank transfer, cards, and supported local mobile money channels, depending on your region and account verification. The name on your payment method should match your trading account. The broker may pass through bank charges or apply processing fees. Withdrawals usually return to the original funding route where possible. Processing times depend on method, cut-off times, and compliance checks. Keep your profile up to date and submit clear documents to avoid delays. This is general information, not advice.

    You may incur trading costs such as spreads, commissions on some account types, and overnight financing on positions held past the trading day. Non-trading costs can include currency conversion, account inactivity, and payment processing. Fees differ by instrument, platform, and account setup, and they can change. Review the rate card, product disclosure, and terms on the broker's website and in your platform before you trade. Use the platform's reports to track total costs. This is general information, not advice.

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