6 minute read
JustMarkets Kenya: Legal Status, Platforms and Deposits
from JustMarkets
by Exness_India
Yes, JustMarkets is legal to use in Kenya. The broker operates internationally under reputable regulators and offers Kenyan traders access to trusted platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can open an account with a minimum deposit starting from $10, fund it through convenient methods such as M-Pesa, bank transfer, or e-wallets, and choose from several account types depending on your trading style.
✅ Trade with JustMarkets now: Open An Demo Account or Visit Brokers 👈
In this article, you’ll find everything you need to know about JustMarkets in Kenya: its legal standing, available platforms, account types, deposit requirements, payment options, registration steps, and why many Kenyan traders are choosing this broker.
✅ Legal Status: Is JustMarkets Legal in Kenya?
The first concern for most traders is legality. In Kenya, financial markets are regulated by the Capital Markets Authority (CMA). While the CMA regulates local brokers, it does not ban international brokers.
JustMarkets is not licensed directly by the CMA, but it operates under multiple respected regulators worldwide:
· CySEC (Cyprus Securities and Exchange Commission)
· FSA (Seychelles Financial Services Authority)
· FSCA (Financial Sector Conduct Authority of South Africa)
· FSC (Mauritius Financial Services Commission)
This means Kenyan traders can legally open accounts and trade with JustMarkets, without breaking any law.
What does this mean for you as a trader?
· Your funds are protected through segregated accounts (your money is kept separate from the broker’s operating funds).
· Negative balance protection ensures you won’t lose more than what you deposit.
· International reputation adds an extra layer of trust, since regulators enforce transparency and financial responsibility.
In short, while not “Kenyan-regulated,” JustMarkets is legal, safe, and widely used in the country.
💻 Trading Platforms Available in Kenya
JustMarkets offers two of the most widely recognized trading platforms in the world: MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
MetaTrader 4 (MT4)
· Designed for forex trading, especially for beginners.
· Simple interface, easy-to-use tools, and customizable charts.
· Supports Expert Advisors (EAs) for automated trading.
· Wide range of indicators and technical analysis tools.
MetaTrader 5 (MT5)
· More advanced version of MT4 with additional features.
· Offers more indicators, more order types, and access to more asset classes (stocks, commodities, indices, and crypto).
· Faster processing and updated user interface.
Accessibility in Kenya
Both MT4 and MT5 are available via:
· Desktop Apps (Windows & Mac)
· Mobile Apps (Android & iOS)
· WebTrader (browser-based, no download needed)
This flexibility allows Kenyan traders to monitor markets while on the move (via smartphone) or conduct deeper analysis on their laptop.
And if you’re new, you can start with a free demo account to practice before investing real money.
📂 Account Types on JustMarkets Kenya
One of the key advantages of JustMarkets is its variety of account types, designed to suit beginners, experienced traders, and even professionals.
1. Demo Account
· Free account with virtual funds.
· Perfect for beginners to practice trading risk-free.
· Helps you understand how MT4/MT5 works.
2. Standard Cent Account
· Designed for beginners who want to trade with very small amounts.
· Trades in “cents” instead of full dollars, so risks are lower.
· Ideal for testing strategies with real money but minimal exposure.
✅ Trade with JustMarkets now: Open An Demo Account or Visit Brokers 👈
3. Standard Account
· The most popular account type.
· No commission, spreads included in trading cost.
· Suitable for everyday traders who want a balance of cost and features.
4. Pro Account
· Designed for advanced traders.
· Lower spreads, higher leverage, no commission.
· Minimum deposit is higher ($200), but trading conditions are more professional.
5. Raw Spread Account (ECN)
· Spreads start from 0.0 pips.
· Commission per lot is charged instead of wide spreads.
· Best for scalpers, high-frequency traders, and those who need fast execution.
6. Islamic Account (Swap-Free)
· Available for Muslim traders in Kenya.
· No overnight swap fees, in compliance with Sharia law.
· Can be requested after verifying your account.
This flexibility means every trader in Kenya can find a suitable account. Whether you’re starting small with $10, or you’re an experienced professional looking for raw spreads, JustMarkets provides an option.
💰 Minimum Deposit in Kenya
The minimum deposit is one of the first things new traders ask about.
At JustMarkets Kenya, it depends on your account type:
· Standard Cent & Standard Accounts: from $10 (~KES 1,200)
· Pro & Raw Spread Accounts: from $200
This low entry requirement is a huge benefit for Kenyan traders, because you don’t need a large capital to get started. Compared to some brokers that require $100–$500 as a minimum, JustMarkets is affordable and beginner-friendly.
💳 Payment Methods for Kenyan Traders
Deposits and withdrawals are crucial when choosing a broker. JustMarkets supports a wide range of payment methods suitable for Kenyan clients:
· M-Pesa Mobile Money – The most popular option in Kenya. Fast and convenient.
· Bank Transfer – Direct deposits to Kenyan banks.
· Credit/Debit Cards – Visa, MasterCard, widely accepted.
· E-wallets – Skrill, Neteller, Perfect Money, SticPay.
· Cryptocurrencies – Bitcoin and other major cryptos for fast and borderless transfers.
Speed of Transactions
· Deposits: Usually instant.
· Withdrawals: Can take from a few hours up to one business day, depending on the method.
The availability of M-Pesa is especially important in Kenya, since it’s widely used and trusted for everyday transactions.
📝 How to Register on JustMarkets in Kenya
Getting started is simple. Here’s a step-by-step guide:
1. Go to the official JustMarkets website 👈
2. Click “Open Account”
3. Fill in your details (name, email, phone number, password)
4. Verify your email and phone
5. Complete KYC (Know Your Customer) by uploading:
o A valid ID/passport
o Proof of address (utility bill or bank statement)
6. Choose your account type (Standard, Pro, Raw Spread, etc.)
7. Make your first deposit using M-Pesa, card, bank transfer, or e-wallet
8. Download MT4 or MT5 (or use WebTrader)
9. Start trading
The process is straightforward and usually takes less than 15 minutes if you have your documents ready.
⭐ Why Choose JustMarkets in Kenya?
Here’s why JustMarkets is becoming one of the most popular brokers in Kenya:
· ✅ Legal and Regulated – Internationally recognized regulators provide trust and transparency.
· ✅ Affordable – Start trading with just $10.
· ✅ M-Pesa Deposits – Local payment method that is fast and convenient.
· ✅ Flexible Account Types – From beginners to pros, everyone has an option.
· ✅ Advanced Platforms – MT4 and MT5 are the industry standard.
· ✅ Islamic Accounts – Swap-free accounts for Muslim traders.
· ✅ Educational Materials – Tutorials, analysis, and tools for traders at every level.
· ✅ Reliable Execution – Fast trade execution and stable servers.
For Kenyan traders, this combination of affordability, reliability, and convenience makes JustMarkets an excellent choice.
Final Thoughts
JustMarkets in Kenya is a legally available, reliable, and beginner-friendly broker. It combines low minimum deposits, flexible account types, world-class platforms, and convenient payment options like M-Pesa.
Whether you’re just starting your trading journey or you’re an experienced trader looking for raw spreads and advanced features, JustMarkets offers a solution tailored to your needs.
If you’re looking for a safe, affordable, and professional broker in Kenya, JustMarkets is worth considering.
✅ Trade with JustMarkets now: Open An Demo Account or Visit Brokers 👈
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