Kenya – Online Forex Broker License
Capital Markets Authority | Timeframe: 6-7 months
License Overview
Regulatory Authority
Capital Markets Authority
(CMA)
License Type
Online Forex Broker License
(OFB)
Timeframe
6-7 months
Shareholders
Minimum of 4 shareholders required (corporate or individual)
Capital & Leverage
Required Capital
USD 200,000
Leverage
Maximum 1:400
Operational Requirements
Physical Presence
Local office required
Staff Requirements
- 3 directors
- Compliance Officer
- Chief Financial Officer
- Risk Management Officer
Key Questions
Who regulates the Kenya Online Forex Broker License?
The Online Forex Broker License in Kenya is issued by the Capital Markets Authority (CMA).
How long does it take to obtain the Kenya Online Forex Broker License?
Timeframe: 6-7 months.
What is the minimum capital for the Kenya Online Forex Broker License?
USD 200,000
Is local presence required for the Kenya Online Forex Broker License?
Local office required
Why Kenya?
- Gateway to East African markets
- Growing middle class and investor base
- Strong regulatory oversight with CMA
- Modern financial infrastructure
- Government support for fintech innovation
Quick Facts
Timeframe6-7 months
RegulatorCMA
OfficeRequired
LeverageMaximum
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