Is JustMarkets Regulated in Kenya? Review JustMarkets Forex Broker
Are you a Kenyan trader looking for a reliable forex broker? You might have come across JustMarkets, a global broker known for competitive trading conditions. But is JustMarkets regulated in Kenya? Is it safe for Kenyan clients? Let’s dive into this detailed review.
✅ Is JustMarkets Regulated in Kenya?
No, JustMarkets is not regulated by the Capital Markets Authority (CMA) of Kenya.
However, JustMarkets operates legally in Kenya by accepting international traders and complying with global standards.
While it lacks local CMA regulation, JustMarkets is licensed internationally by:
- FSA Seychelles – License No. SD088
- CySEC (Cyprus) – License No. 401/21
- FSC Mauritius – License No. GB22200881
- FSCA South Africa – License No. 51114
Although not CMA-authorized, these licenses add credibility and transparency to its operations.
🔐 Is JustMarkets Safe for Kenyan Traders?
Yes, JustMarkets is considered safe for Kenyan users, thanks to several security protocols:
- Segregated Client Funds: Your money is kept separate from company funds.
- Negative Balance Protection: You can’t lose more than your deposit.
- SSL Encryption: Personal and financial data is protected.
- Tier-1 Liquidity Providers: Faster execution, reduced slippage.
While the lack of local regulation is a downside, these features help ensure platform reliability.
📈 JustMarkets Account Types
JustMarkets offers 4 account types tailored to different trader levels:
| Account Type | Min. Deposit | Spread from | Commission | Leverage |
|---|---|---|---|---|
| Standard | $10 | 0.3 pips | No | Up to 1:3000 |
| Pro | $100 | 0.1 pips | No | Up to 1:3000 |
| Raw Spread | $100 | 0.0 pips | $3/lot | Up to 1:3000 |
| Cent | $1 | 0.3 pips | No | Up to 1:1000 |
💡 High leverage (up to 1:3000) can be risky — use proper risk management.
See more: is Justmarkets an ECN Broker
📱 Platforms and Tools
- MetaTrader 4 & 5 (PC, Web, iOS, Android)
- Economic Calendar
- Trading Signals
- VPS Hosting
- Trading Calculators
🇰🇪 Payment Methods in Kenya
JustMarkets supports local-friendly deposit and withdrawal methods:
- M-PESA (Fast, convenient for Kenyans)
- Bank Transfer
- Visa/Mastercard
- Skrill, Neteller, Perfect Money
- Cryptocurrency (BTC, ETH, USDT)
✅ Fast withdrawals – processed within 1–2 hours in most cases.
🕌 Islamic (Swap-Free) Accounts
For Muslim traders in Kenya, JustMarkets offers Islamic trading accounts with no overnight interest. You can request a swap-free status after account registration.
📚 Education and Customer Support
JustMarkets provides:
- Free Demo Accounts
- Trading Tutorials & Webinars
- 24/5 Live Chat Support
- Multilingual Interface (English is available, but no Swahili yet)
👍 Pros and 👎 Cons
Pros:
- Accepts Kenyan clients
- M-PESA deposits/withdrawals
- Low minimum deposit ($1 for Cent account)
- High leverage (up to 1:3000)
- Islamic accounts available
Cons:
- Not regulated by Kenya CMA
- No trading accounts in KES
- Limited local office presence
💡 Is JustMarkets Good for Kenyan Forex Traders?
If you're looking for a user-friendly, low-cost forex broker that supports M-PESA and offers strong trading platforms, JustMarkets is a solid choice. While it lacks CMA regulation, its multiple global licenses and security features make it a viable option for Kenyan traders — both beginners and advanced.
📎 Sign up for JustMarkets here
Affiliate Disclosure: This link is affiliated. If you sign up, we may earn a small commission at no additional cost to you.
⚠️ Risk Warning
Trading Forex and CFDs involves significant risk and may result in the loss of your capital. Always trade responsibly.
Tags: #JustMarkets #ForexKenya #ForexBrokerReview #KenyaTrading #MPesaBroker #Forex2025
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