Kenya – Online Forex Broker License
Capital Markets Authority | Timeframe: 6-7 months
License Overview
Regulatory Authority
Capital Markets Authority
(CMA)
License Type
Online Forex Broker License
(OFB)
Timeframe
6-7 months
Shareholders
Minimum of 4 shareholders required (corporate or individual)
Capital & Leverage
Required Capital
USD 200,000
Leverage
Maximum 1:400
Operational Requirements
Physical Presence
Local office required
Staff Requirements
- 3 directors
- Compliance Officer
- Chief Financial Officer
- Risk Management Officer
Why Kenya?
- Gateway to East African markets
- Growing middle class and investor base
- Strong regulatory oversight with CMA
- Modern financial infrastructure
- Government support for fintech innovation
Quick Facts
Timeframe6-7 months
RegulatorCMA
OfficeRequired
LeverageMaximum
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