7 minute read
Is JustMarkets Available in Kenya? A Comprehensive Review
from JustMarkets
by Exness_India
If you’re based in Kenya and are looking for a reliable online broker to trade forex or other financial instruments, you might be wondering: Is JustMarkets available in Kenya? The short answer is yes, JustMarkets does accept clients from Kenya, and many Kenyan traders are actively using the platform. But before you dive in, this article offers an in-depth look into everything you need to know — from regulation and account types to deposit methods and user experience — to help you make an informed decision.
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JustMarkets: A Quick Overview
JustMarkets is a global online forex and CFD broker that was established in 2012. Over the years, it has built a strong reputation for providing retail and institutional clients access to financial markets, including forex, indices, commodities, and cryptocurrencies. With a focus on transparency, tight spreads, and diverse account types, JustMarkets has positioned itself as a competitive broker for traders worldwide — and Kenya is no exception.
Is JustMarkets Regulated to Operate in Kenya?
Although JustMarkets is not licensed by the Capital Markets Authority (CMA) of Kenya, it is regulated internationally by reputable bodies. As of mid-2025, JustMarkets operates under the following licenses:
· Financial Services Authority (FSA) of Seychelles
· Cyprus Securities and Exchange Commission (CySEC) (for its EU-based entity)
While the absence of a CMA license means it doesn’t fall under local Kenyan financial regulations, many Kenyan traders still use JustMarkets without any legal roadblocks. The broker's international licenses ensure it adheres to global standards of transparency, client fund segregation, and data protection.
Can Kenyans Register and Trade with JustMarkets?
Yes, residents of Kenya can legally register, verify, and trade on JustMarkets. The registration process is completely online and user-friendly. Here's what it typically involves:
1. Creating an account on the JustMarkets website.
2. Verifying identity and address by uploading a national ID or passport and a utility bill or bank statement.
3. Selecting an account type and preferred trading platform (MT4 or MT5).
4. Making a deposit using local or international methods.
Many Kenyan traders complete this process within 24 to 48 hours.
What Deposit and Withdrawal Options Are Available for Kenya?
One of the biggest concerns for Kenyan traders is whether they can easily fund their accounts and withdraw profits. The good news is that JustMarkets supports multiple deposit and withdrawal methods that work seamlessly in Kenya, including:
· MPesa: Arguably the most convenient option for Kenyan traders, offering fast, low-fee transactions in KES.
· Bank Transfers: Available for those who prefer traditional banking.
· Credit/Debit Cards: VISA and Mastercard are accepted globally.
· E-wallets: Skrill, Neteller, Perfect Money, and others are also supported.
· Cryptocurrency: Bitcoin, Ethereum, and USDT (Tether) are accepted for those looking for decentralized finance options.
Deposits are usually instant or processed within minutes, while withdrawals can take anywhere from a few hours to 1-3 business days depending on the method.
What Trading Platforms Are Offered?
JustMarkets supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), two of the most widely-used and reliable trading platforms in the world. Both platforms are available on desktop, mobile (iOS and Android), and web-based versions. Kenyan traders can enjoy features such as:
· Real-time charts and indicators
· Automated trading with Expert Advisors (EAs)
· One-click trading and advanced order types
· Secure login and lightning-fast execution
Most Kenyan traders already familiar with MT4/MT5 will find the experience smooth and professional on JustMarkets.
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What Can You Trade on JustMarkets?
Kenyan traders have access to a wide range of financial instruments on JustMarkets:
· Forex: Over 60 currency pairs including USD/KES, EUR/USD, GBP/USD, etc.
· Commodities: Gold, Silver, Crude Oil, Natural Gas.
· Indices: US30, NASDAQ100, S&P500, etc.
· Stocks: Global equities from the U.S., U.K., and Europe.
· Cryptocurrencies: Bitcoin, Ethereum, Litecoin, and more.
The diverse selection enables traders in Kenya to diversify their portfolio across markets depending on their strategies and risk appetite.
Are There Islamic (Swap-Free) Accounts for Muslim Traders in Kenya?
Yes. JustMarkets offers Islamic accounts that are swap-free, meaning no overnight interest is charged — a feature compliant with Shariah law. Kenyan traders of the Muslim faith can request a swap-free account during or after registration.
What Are the Account Types and Minimum Deposits?
JustMarkets offers four main account types:
1. Standard Cent – Suitable for beginners and low-risk strategies.
2. Standard – Ideal for retail traders with more flexibility.
3. Pro – Designed for experienced traders with better spreads and execution.
4. Raw Spread – Offers the lowest spreads for scalpers and professionals.
The minimum deposit starts as low as $1 (approximately 130 KES), making it extremely accessible for beginner traders in Kenya. This is one of the most attractive features of the platform, especially for students or small-scale investors.
Spreads, Fees, and Commissions
JustMarkets is known for its tight spreads and competitive fees. The fee structure varies by account type:
· Standard and Cent Accounts: No commission, spreads start from 0.3 pips.
· Pro Account: No commission, tighter spreads from 0.1 pips.
· Raw Spread Account: Spreads from 0.0 pips, commission from $3 per lot per side.
There are no hidden charges, and Kenyan traders can view full details transparently on their dashboard before placing trades.
Is Customer Support Accessible from Kenya?
Yes. JustMarkets provides 24/7 customer support through:
· Live Chat: Immediate response on the website.
· Email Support: Usually answered within a few hours.
· Telegram Support: Available for fast messaging.
· WhatsApp Support: Often more convenient for Kenyan users.
Support is offered in English, and most representatives are familiar with the Kenyan market and common concerns, making the experience smooth and stress-free.
Does JustMarkets Offer Educational Resources for Kenyan Beginners?
JustMarkets does not ignore beginner traders. It has an extensive education center that includes:
· Forex basics and terminology
· Video tutorials and webinars
· Market analysis and daily forecasts
· Economic calendars
Kenyan traders, especially those starting out, can benefit from these resources to build skills and confidence before risking large amounts of capital.
Is JustMarkets Safe for Kenyan Traders?
While it is always essential to exercise caution when dealing with any online broker, JustMarkets employs industry-standard safety protocols:
· Segregated client funds – Client money is kept separate from company operations.
· SSL encryption – Ensures secure communications and transactions.
· Two-factor authentication (2FA) – Adds an extra layer of account protection.
· Reputable regulation – Though not CMA-regulated, it is overseen by global regulators.
There is no record of major scams or regulatory issues, and user reviews are generally positive.
Pros and Cons of Using JustMarkets in Kenya
Pros:
· Accessible to Kenyan residents
· Supports MPesa deposits and withdrawals
· Low minimum deposit ($1)
· Wide asset selection including crypto
· Islamic accounts available
· 24/7 multilingual support
Cons:
· Not regulated by CMA Kenya
· No physical office in Nairobi or other Kenyan cities
· Limited local marketing or events
Final Verdict: Should You Use JustMarkets in Kenya?
Yes, if you’re a trader based in Kenya and looking for an international broker with low barriers to entry, diverse instruments, and strong support, JustMarkets is a reliable option. Although it lacks a local license from the CMA, it is widely used by Kenyan traders thanks to its support for MPesa, low deposit requirements, and global credibility.
However, as with all trading platforms, you should always trade responsibly. Start small, make use of demo accounts, educate yourself, and never risk more than you can afford to lose.
✅ Trade with JustMarkets now: Open An Account or Visit Brokers 👈
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