Risk Disclosure

Nature of the risk

Trading foreign exchange, contracts for difference (CFDs) and other leveraged derivatives on margin carries a high level of risk and is not suitable for every investor. These are complex instruments, and the majority of retail investor accounts lose money.

The disclosures published by licensed brokers make the scale of that plain. Pepperstone Markets Kenya Limited, which holds Capital Markets Authority Licence No. 128, publishes that 88% of retail investor accounts lose money when trading on margin with that provider — the highest figure the brand publishes in any market, and the one that applies in Kenya. Read the disclosure on the exact page you sign up on: the figure is specific to the licensed entity you are onboarded by, and a percentage copied from another country's page tells you nothing about your own account.

You can lose your entire deposited capital, and losses can accumulate quickly. Never trade with money you cannot afford to lose, or with funds set aside for essential needs and obligations.

Leverage risk and stop-loss slippage

Leverage magnifies both profits and losses. With leveraged positions, a small price movement against you can produce a loss that is large relative to your deposit — and in fast markets, execution at your intended price is not guaranteed. Understand margin requirements, and the possibility of margin calls and forced liquidation, before trading any leveraged product.

A stop loss is a trigger for a market order, not a guarantee of the exit price. None of the brokers we rank offers a guaranteed stop-loss, so in gaps, news releases or thin liquidity your exit can fill through your level. Size every position on the assumption that a stop can slip, and treat the maximum leverage a platform permits as a marketing figure rather than a recommendation. We could not confirm a Kenyan retail leverage cap from a primary CMA source, so we publish none — treat any figure you see elsewhere as unverified until you read it on the authority's own material.

We do not provide investment advice

All content on www.besttradingsignal.com — including signals, analysis, reviews, guides and performance figures — is general information and education. It is not personal investment, financial, legal or tax advice and does not consider your individual situation. You are solely responsible for your trading decisions and their results. If you are unsure whether leveraged trading is appropriate for you, consult an independent licensed financial adviser. How any trading profits are treated in your hands depends on your own circumstances and is a question for a Kenyan tax professional, not for a comparison page — we publish no tax rule we cannot verify applies to you.

Signals do not guarantee profit

Trading signals are analyst opinions about probable price movements. They can be wrong, and losing trades occur regularly even within a strong record. Our published track record — including the 94% average weekly accuracy by points described on the performance page — is historical, and past performance is no guarantee of future results. Your personal results will differ with your position sizing, spreads, execution and timing.

Be wary of anyone, anywhere, who promises certain profits from trading. Guaranteed returns do not exist in financial markets, and a published 88% retail-loss disclosure sitting next to a promise of easy income should tell you which of the two to believe.

Our relationship with brokers

Best Trading Signal is an independent publisher, not a broker and not a firm licensed to provide regulated financial services in Kenya or elsewhere. We are marketing partners of certain brokers and may receive a commission when you open an account through some of our links, at no extra cost to you; other broker links on this site are plain editorial links from which we earn nothing, and we disclose which is which. Where we could not verify which legal entity would onboard a Kenyan visitor, we publish no link and no retail-loss figure for that brand at all. Your contractual relationship for any account, deposit or trade is directly with the broker, and we are not responsible for its services, execution or policies, or for any dispute between you and a broker.

Regulation and availability in Kenya

Kenya is unusual among the markets this site covers. The Capital Markets Authority (CMA) operates a real licensing regime for online foreign exchange brokers, in dealing and non-dealing categories, and trading through a licensed broker is a lawful, locally supervised activity. A non-dealing broker routes your orders to liquidity providers rather than taking the other side of your trade; a dealing broker is permitted to be your counterparty. Neither model is inherently dishonest — the licence category simply tells you which one you have.

What is regulated is the broker, not you. A firm soliciting Kenyan clients without a CMA licence operates outside the local framework, and you carry that risk rather than its marketing team. Before you deposit, read the footer of the exact page you are signing up on for the legal entity name and licence number, then search that entity on the CMA's public list of licensees and check the category as well as the name. "Licensed" and "licensed to do the thing you want to do" are not the same statement.

A CMA licence means the firm is supervised, must meet the authority's requirements and can be escalated to locally. It is not the same as a guarantee that you would be reimbursed if the firm failed. We could not verify from a primary source that a Kenyan investor-compensation arrangement covers retail online forex losses, so we do not claim one exists. Signal providers such as us are not licensed or supervised as investment advisers by the CMA or any other authority — we publish analysis and education, we do not manage money or give personal advice. Some brokers we cover, including our free-signals partner, are licensed offshore rather than by the CMA; if local regulatory recourse matters to you, choose a CMA licensee and verify it yourself before you fund anything.