Pepperstone Markets Kenya Limited holds Capital Markets Authority Licence No. 128 as a non-dealing online foreign exchange broker, with a Nairobi address — plus MT4, MT5, cTrader and TradingView and spreads from 0.0 pips on the Razor account.
- Min. deposit
- $0 to open ($10 minimum funding amount)
- Spreads from
- 0.0 pips (Razor)
- Platforms
- MetaTrader 4, MetaTrader 5, cTrader, TradingView
- Regulation
- CMAASICFCACySECDFSABaFinSCB
Pros
- **A genuine Kenyan licence**: Pepperstone Markets Kenya Limited, CMA Licence No. 128, company PVT-PJU7Q8K, Nairobi — a Kenyan licence we verified
- Non-dealing category: it routes orders to liquidity providers rather than taking the other side of your trade
- The widest platform line-up we cover — MetaTrader 4, MetaTrader 5, cTrader and TradingView
Cons
- Publishes a very high retail-loss disclosure: **88% of retail investor accounts lose money when trading on margin** with this provider under its Kenyan licence
- Offers **no guaranteed stop-loss** — your exit can fill through your level in fast markets