Is Exness a Good Broker in Kenya?
Why Exness Stands Out in Kenya
Exness has been a global player since 2008, and it’s made serious waves in Kenya’s growing forex and CFD trading scene. With over 1 million active clients worldwide and a monthly trading volume exceeding $4 trillion, Exness isn’t a small fry. For Kenyan traders, here’s why it’s worth considering:
1. Regulation and Safety: Your Money’s in Good Hands
When trading online, safety is everything. Exness operates in Kenya under Tadenex Limited, licensed by the Capital Markets Authority (CMA) as a non-dealing online forex broker (license number 162). The CMA ensures brokers follow strict rules to protect your funds, which is a big deal in a market where scams can pop up.
Beyond Kenya, Exness is regulated by top-tier global authorities like the Financial Conduct Authority (FCA) in the UK and the Cyprus Securities and Exchange Commission (CySEC). These regulators enforce high standards, including segregated client accounts, meaning your money is kept separate from Exness’s operational funds. Plus, Exness offers negative balance protection, so you can’t lose more than your deposit—a lifesaver for beginners. In short, Exness checks the box for legitimacy and security, giving Kenyan traders peace of mind.
