Top 8 Locally Based Brokers
Capital.com Review
Overall, Capital.com is considered low-risk, with an overall Trust Score of 9 out of 10. Capital.com allows Kenyan deposits to offer four different trading platforms. Capital.com offers one retail trading account and one Professional Account. Capital,com is currently not regulated by the CMA of Kenya
- Louis Schoeman
Jump to:
Regulation and Safety of Funds
Account Types and Features
Account Registration
Trading Platforms
Range of Markets
Fees
Deposits and Withdrawals
Education and Research
Affiliate Program
Final Verdict
Pros and Cons
FAQ
Overall Rating
- 4.5/5
Min Deposit
USD 20 / 2330 KES
Regulators
CYSEC, ASIC, FCA and NBRB licence Seychelles coming soon
Trading Desk
Market maker
Crypto
Yes
Total Pairs
–
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Capital.com Review – 21 key points quick overview:
- ✅ Capital.com Overview
- ✅ Capital.com At a Glance
- ✅ Regulation and Safety of Funds
- Account Types and Features
- Account Registration
- Capital.com Vs ACY Securities Vs easyMarkets – Broker Comparison
- Trading Platforms
- Range of Markets
- Broker Comparison for Range of Markets
- Trading and Non-Trading Fees
- Deposits and Withdrawals
- How to Deposit Funds with Capital.com
- Capital.com Fund Withdrawal Process
- Education and Research
- Bonuses and Promotions
- How to open an Affiliate Account with Capital.com
- Capital.com Affiliate Program Features
- Capital.com Corporate Social Responsibility
- Verdict on Capital.com
- Capital.com Pros and Cons
- FAQ
Capital.com Overview
👉 Overall, Capital.com is considered average risk forex and CFD broker, with an overall Trust Score of 77 out of 100. Capital.com is licensed by two Tier-1 Regulators (high trust), one Tier-2 Regulator (average trust), and two Tier-3 Regulators (low trust). Capital.com offers one trading account with the option of a Retail or Professional Account option.
👉 Around 360,000 customers from all over the globe utilize Capital.com, a licensed and thoroughly monitored online broker.
👉 Traders from Asia, Africa, and Latin America can use Capital.com’s services as well as clients from the entire European Economic Area. Residents of the United States and Canada, on the other hand, are unable to use the broker’s services.
👉 This Capital.com review will provide traders with the details that they need to consider whether the broker is suited to their unique trading objectives and needs.
Distribution of Traders
👉 The distribution of traders with Capital.com is as follows:
➡️ United Kingdom – 9.87%
➡️ United States – 9.84%
➡️ Germany – 9.33%
➡️ Russian Federation – 3.80%
➡️ India – 3.04%
Popularity among traders who choose Capital.com
🥇 While it does not yet have the same long-standing reputation as other brokers, Capital.com falls within the top 50 international brokers for Kenyan traders.
Capital.com At a Glance
| 🏛️ Headquartered | United Kingdom |
| 🏛️ Kenyan Based Office | No |
| 👍 Accepts Kenyan Traders? | Yes |
| 📅 Year Founded | 2016 |
| 📱 Kenyan Office Contact Number | None |
| ⚖️ Regulation | ASIC, FCA, NBRB, and CySEC |
| 🔎 License Number | United Kingdom – FRB 793714 Cyprus – 319/17 Belarus – 193225654 Australia – AFSL 513393 |
| ⚖️ CBN Regulation | None |
| ✴️ Regional Restrictions | The United States and Canada |
| ☪️ Islamic Account | No |
| 📈 Demo Account | Yes |
| 📈 Retail Investor Accounts | 1 Retail, 1 Professional |
| 📊 PAMM Accounts | None |
| 📊 Liquidity Providers | None indicated |
| 💰 Affiliate Program | Yes |
| 📊 Crypto trading offered? | Yes |
| 🚀 Offers a Kenyan Account? | No |
| 💻 Dedicated Kenyan Account Manager? | No |
| 📈 Maximum Leverage | NBRB Registration – 1:100 FCA Registration – 1:30 ASIC/CySEC Registration – 1:30 |
| 📈 Leverage Restrictions for Kenya? | No |
| 💳 Minimum Deposit (₦) | 8,000 Kenyan Naira equivalent to $20 |
| 💳 Kenyan Naira Deposits Allowed? | Yes |
| 💰 Active Kenyan Trader Stats | 1.3 million |
| 👥 Active Kenyan-based Capital.com customers | 150,000+ |
| 💰 Kenya Daily Forex Turnover | $1.25 million+ |
| 💳 Deposit and Withdrawal Options | Global Bank Transfers Credit Card Debit Card Apple Pay PayPal Several Electronic Payment Processors |
| 💰 Segregated Accounts with Kenyan Banks? | No |
| 💻 Trading Platforms | Capital.com Web, Capital.com Mobile, MetaTrader 4, TradingView |
| 💰 Tradable Assets | Indices Forex Commodities Cryptocurrencies Shares |
| 🌐 Offers USD/NGN currency pair? | No |
| 🌐 USD/NGN Average Spread | N/A |
| 📈 Offers Kenyan Stocks and CFDs | No |
| 👨💼 Languages supported on Website | English, Indonesian, Malaysian, German, Spanish, French, Italian, Dutch, Polish, Portuguese, Romanian, Russian, Vietnamese, Bulgarian, Czech, Greek, Croatian, Latvian, Chinese (simplified), Thai, Finnish, and more. |
| 👥 Customer Support Languages | Multilingual |
| 👥 Customer Service Hours | 24/7 |
| 👥 Kenyan-based customer support? | No |
| 💰 Bonuses and Promotions for Kenyans | None |
| ✴️ Education for Kenyan beginners | Yes |
| 📊 Proprietary trading software | Yes |
| 💰 Most Successful Kenyan Trader | Uche Paragon ($20 million net worth) |
| ✔️ Is Capital.com a safe broker for Kenyans? | Yes |
| ✔️ Rating for Capital.com Kenya | 9/10 |
| ✔️ Trust score for Capital.com Kenya | 76% |
| 👉 Open Account | 👉 Open Account |
Regulation and Safety of Funds
👉 Capital.com is a limited liability company incorporated in England and Wales (10506220) that has offices that are based in the United Kingdom, Belarus, Gibraltar, Cyprus, Seychelles, and Australia. Capital.com is regulated and authorized to do business in each of these jurisdictions under the following names:
➡️ In Seychelles, Capital.com operates under the name Capital Com Live Stock Investing Limited, a company that is registered under 8429903-1, with regulation through the Financial Services Authority of Seychelles (FSA) under license number SD101.
➡️ In Australia, Capital Com Australia Limited with the ABN 47 625 601 489 is well-regulated and overseen by the Australian Securities and Investments Commission under AFSL 513393.
➡️ In the United Kingdom, Capital Com (UK) Limited is well regulated by the Financial Conduct Authority (FCA) under reference number 793714.
➡️ In Cyprus, Capital Com SV Investments Limited holds licenses through the Cyprus Securities and Exchange Commission (CySEC) under 319/17 and the company’s registration number is 354252.
➡️ In Belarus, Capital Com Bel is a closed joint-stock company that is well regulated by The National Bank of the Republic of Belarus (NBRB) under registration number 193225654.
👉 Capital.com has teamed with some of Europe’s leading money managers, who safeguard, keep, and manage all customer assets. This money is kept separate from the broker’s operating accounts.
👉 Clients may trade with confidence knowing that they are protected by the Investor Compensation Fund, as required by regulatory requirements. Trading should be aware that the Investor Compensation Fund does not protect professional traders.
👉 Capital.com is also a member of the Financial Services Compensation Scheme, and the broker protects retail accounts against negative balances and margin close-outs, guaranteeing traders do not lose more money than they can afford.
👉 Additionally, Capital.com adheres to all PCI Data Security regulations, providing customers with a safe data environment in which all information and data are encrypted using Transport Layer Security (TLS), duplicated in real-time, and securely backed up.
👉 Capital.com deploys fraud detection technologies both pre-and post-trade. Capital.com utilizes self-assessment tools, professional internal audits, obligatory training, training and development, and other methods to combat money laundering.
👉 Additionally, Capital.com adheres to the best standards for Know Your Customer (KYC), Source of Wealth (SOW), and Source of Funds (SOF). Additionally, modern identification technologies are being utilized to validate papers to reduce identity fraud.
Account Types and Features
👉 Capital.com offers comprehensive CFD and Forex trading through a single live trading account type. This account type can either be used as a Retail or a Professional Account by Kenyan traders.
Live Trading Accounts
Retail Account
👉 The Retail account is suitable for most Kenyan traders, regardless of their trading requirements, aims, or distinctive trading style. Traders may anticipate the following features on this account:
➡️ A 2,300 Kenyan shilling (about $20) minimum deposit is required when a live account is registered with Capital.com
➡️ Zero commission charges on trades because the broker fee is already included in the spread
➡️ Access to over 6,500 financial products across many asset types
➡️ Low and reasonable overnight fees when positions are held for longer than 24 hours
➡️ A choice between EUR, USD, GBP, RUB, or PLN as the base account currency
➡️ Average spreads as low as 0.6 pip on EUR/USD
➡️ Real-time price notifications
➡️ Powerful charting capabilities
➡️ Leverage is adjustable according to the trader’s area and the regulatory framework under which they establish an account. Leverage is permitted under NBRB regulation up to 1:100, under FCA regulation up to 1:30, and ASIC/CySEC regulation up to 1:30.
➡️ The option of using bespoke trading platforms or MetaTrader 4
➡️ The ability to trade long or short
➡️ Protection against negative balances
Professional Account
👉 Kenyan traders must examine many variables when determining whether their accounts qualify as professional accounts, including leverage limitations, negative balance protection, and presumed expertise.
👉 Professional traders have access to larger leverage levels because of their trading experience. Negative balance protection is available solely for retail trading, which means it is not available for professional accounts.
👉 Additionally, professional traders are regarded as experienced traders who can properly control their level of risk, which implies that they will not have access to the same risk management tools as retail traders.
Demo Account
👉 A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital.
👉 There is a certain degree of risk involved when trading financial markets and Capital.com offers its clients a risk-free platform where they can test strategies, practice trading, and explore what the broker offers in a safe trading environment with real market conditions.
Islamic Account
👉 Depending on the trading style and the trading strategy of the forex trader, they may keep their trading positions open for longer than 24 hours on a trading day.
👉 This means that the trader could incur an overnight or rollover fee. This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
👉 Unfortunately, Capital.com does not currently offer Muslim traders with the option of converting their Live Trading Account into an Islamic Account.
Account Registration
👉 Traders can open an account with Capital.com by visiting the company’s official website and selecting the “Trade Now” option. Traders may register by giving their data, accepting the Privacy Statement, and submitting their application.
👉 Traders should be aware that Capital.com adheres to the best standards for Know Your Customer (KYC), Source of Wealth (SOW), and Source of Funds (SOF). This implies that traders must present evidence of identification, residence address, and other documentation before having their account validated.
👉 After Kenyan traders provide the required documents to complete the KYC, their application will be accepted, and they will be able to fund their accounts and begin trading.
Capital.com Vs ACY Securities Vs easyMarkets – Broker Comparison
| 🥇 Capital.com | 🥈 ACY Securities | 🥉 easyMarkets | |
| ⚖️ Regualation | FCA, ASIC, CySEC, NBRB, FSA | ASIC, VFSC | BVI FSC, CySEC, ASIC, FSA |
| 📱 Trading Platform | • Capital.com • MetaTrader 4 • TradingView | • MetaTrader 4 • MetaTrader 5 | • easyMarkets Platform • MetaTrader 4 • TradingView |
| 💰 Minimum Deposit | 2,300 KES | 5,700 KES | 2,800 KES |
| 📈 Leverage | • NBRB – 1:100 • FCA – 1:30 • ASIC/CySEC – 1:30 | 1:500 | Up to 1:400 |
| 📊 Spread | Variable, from 0.6 pips | Variable, 0.0 pips | Fixed, 0.03 USD |
| 💰 Commissions | None | From $5 | None |
| 💳 Margin Call/Stop-Out | 100%/50% | 100%/50% | 70%/30% |
| ✴️ Order Execution | Market | STP | Market |
| 💳 No-Deposit Bonus | No | No | No |
| 📊 Cent Accounts | No | No | No |
| 💻 Account Types | Live Account (Retail or Professional) | • Standard Account • ProZero Account • Bespoke Account | • Standard Account • Premium Account • VIP Account |
| ⚖️ CBN Regulation | No | No | No |
| 💰 NGN Deposits | Yes | Yes | Yes |
| 📊 Kenyan Naira Account | No | No | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/5 |
| 📊 Retail Investor Accounts | 1 | 3 | 3 |
| ☪️ Islamic Account | No | Yes | Yes |
| 📉 Minimum Trade Size | 0.01 lots | 0.01 lots | 0.01 lots |
| 📈 Maximum Trade Size | Depends on the account balance | Depends on region and trading instrument | 50 lots |
| ⏰ Minimum Withdrawal Time | Instant | 24 to 48 hours | Instant |
| 💵 Maximum Estimated Withdrawal Time | Up to 3 Work Days | 5 to 7 working days | Up to 5 Days |
| 💸 Instant Deposits and Instant Withdrawals? | Yes | Yes | Yes |
Trading Platforms
👉 Capital.com offers Kenyan traders a choice between these trading platforms:
➡️ Capital.com
➡️ MetaTrader 4
➡️ Trading View
Desktop Platforms
➡️ MetaTrader 4
👉 MetaTrader4 has become the industry standard, used by both beginner and expert traders for its user-friendly design and extensive trading features. Kenyan traders can download MT4 to any desktop computer that runs Linux, Windows, or macOS to start trading with Capital.com.
WebTrader Platforms
➡️ Capital.com
➡️ MetaTrader 4
Capital.com
👉 Capital.com offers a unique web-based trading platform that includes over 75 technical indicators, several chart styles, and advanced drawing tools for doing in-depth financial market research.
👉 The user-friendly proprietary Capital.com interface and web terminal are packed with sophisticated risk management features such as stop loss, take profit, and negative balance protection.
MetaTrader 4
👉 MetaTrader 4 is a feature-rich trading platform that accomplishes a great deal. While seasoned traders will have an easier time using all the platform’s features, newbies should also have little difficulty navigating the platform’s design.
Trading App
➡️ Capital.com
➡️ MetaTrader 4
➡️ TradingView
Capital.com
👉 For Kenyan traders who prefer to trade from their mobile devices, Capital.com offers a CFD trading app that they can use from any location if they have access to the internet.
👉 Trades can be executed seamlessly and quickly thanks to up to 70 technical analysis indicators and other technical tools. Apps for both Android and iOS smartphones are accessible via the app store.
MetaTrader 4
👉 You may also use MT4 on a mobile device with an Apple or Android operating system by downloading the MetaTrader 4 app. You should be aware that the app requires an iOS device running iOS 9.0 or above.
👉 The Apple and Android applications each have a rating of at least 4.5 stars in their respective app stores.
👉 Both the smartphone and desktop versions of the MetaTrader 4 trading platform are simple to use, allowing Kenyan traders access to their trading no matter where they are, given that they have a stable internet connection.
TradingView
👉 Lastly, Capital.com also offers TradingView mobile on both iOS and Android devices. Investors and traders of all skill levels will benefit from TradingView’s technical analysis capabilities. TradingView is currently of the best options out there for day-to-day trading needs.
Range of Markets
👉 Kenyan traders can expect the following range of markets from Capital.com:
➡️ 138 Forex Pairs (Majors, Minors, Exotics)
➡️ 37 Commodities
➡️ 476 Cryptocurrencies
➡️ 23 Indices
➡️ 5,455 Shares
Broker Comparison for Range of Markets
| 🥇 Capital.com | 🥈 ACY Securities | 🥉 easyMarkets | |
| ➡️ Forex | Yes | Yes | Yes |
| ➡️ Precious Metals | Yes | Yes | Yes |
| ➡️ ETFs | No | Yes | No |
| ➡️ CFDs | Yes | Yes | Yes |
| ➡️ Indices | Yes | Yes | Yes |
| ➡️ Stocks | Yes | Yes | Yes |
| ➡️ Cryptocurrency | Yes | Yes | Yes |
| ➡️ Options | No | No | No |
| ➡️ Energies | Yes | Yes | Yes |
| ➡️ Bonds | No | No | No |
Trading and Non-Trading Fees
Spreads
👉 Capital.com’s spreads are variable, which means they may alter based on the financial instrument being traded, with overnight costs applicable to indices, commodities, and foreign currency pairings. Additionally, it may fluctuate depending on the trading day’s market circumstances.
👉 Some typical spreads that Kenyans can anticipate when they trade with Capital.com are:
➡️ EUR/USD – from 0.00006 pips
➡️ BTC/USD – 110 pips
➡️ Spot Crude Oil – 0.2 pips
➡️ ETH/USD – 7.7 pips
➡️ Spot Gold – 0.18 pips
➡️ GBP/USD – 0.13 pips
➡️ US Tech 100 – 1.1 pips
➡️ Germany 40 – from 1 pip
Commissions
👉 Capital.com does not apply any commission fees to trades because the broker takes its fees from the spread charged on financial instruments.
Overnight Fees, Rollovers, or Swaps
👉 All positions that remain open for more than 24 hours are subject to overnight costs. Capital.com charges an overnight fee beginning at 10:00 p.m. (UTC).
👉 While this cost varies by instrument, market circumstances, position size, and the kind of position traders open (long or short), traders may anticipate the following overnight fees:
➡️ EUR/USD – a long swap of -0.0046% and a short swap of 0.0009%
➡️ Spot Gold CFD – a long swap of -0.0044% and a short swap of -0.0002%
➡️ Spot Silver CFD – a long swap of -0.0052% and a short swap of -0.0004%
➡️ Brent – a long swap of 0.0201% and a short swap of -0.0392%
➡️ Shares – a long swap of -0.0064% and a short swap of -0.0059%
➡️ Indices (US100) – a long swap of -0.0052% and a short swap of -0.0027%
➡️ Crypto – a long swap of -0.0500% and a short swap of 0.0140%
Deposit and Withdrawal Fees
👉 Capital.com does not impose fees for deposits or withdrawals made using any of its payment options. Kenyan merchants will be charged by their bank for any costs incurred while depositing or withdrawing monies.
Overall Rating
- 4.5/5
Min Deposit
USD 20 / 2330 KES
Regulators
CYSEC, ASIC, FCA and NBRB licence Seychelles coming soon
Trading Desk
Market maker
Crypto
Yes
Total Pairs
–
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Deposits and Withdrawals
👉 Capital.com offers the following deposit and withdrawal methods:
➡️ Global Bank Transfers
➡️ Credit Card
➡️ Debit Card
➡️ Apple Pay
➡️ PayPal
➡️ Sofort
➡️ Payments_2C2P
➡️ Ideal
➡️ Giropay
➡️ Multibanko
➡️ Przelewy
➡️ Qiwi
➡️ Trustly
➡️ Bank of Indonesia
➡️ Bank of Malaysia
➡️ Bank of Philippines
➡️ Nganluong
➡️ UPI
➡️ Netbanking
➡️ Boleto
➡️ Transferencia Bancaria
➡️ Efecty
➡️ Baloto
➡️ BCI
➡️ Banorte
➡️ Spei
➡️ BBVA Bancomer
➡️ Thai QR
➡️ GCash
➡️ GlobePay
➡️ PayMaya
➡️ Pay Retailers
➡️ POLi
➡️ XPAY
Deposit Methods, Regulations, and Accepted Countries
| 💰 Payment Method | ⚖️ Relevant Regulation | ✔️ Countries that can use this method |
| Global Bank Transfers | ASIC, CYSEC, FCA, NBRB, FSA | All countries |
| Credit and Debit Cards | ASIC, CYSEC, FCA, NBRB, FSA | All countries except Afghanistan, Algeria, Argentina, Bahamas, Bangladesh, Bolivia, Botswana, Canada, China, Colombia, the Democratic Republic of the Congo, Cuba, Ecuador, Egypt, Ghana, Guam, Guinea Bissau, Haiti, India, Iceland, Indonesia, Israel, Iraq, Japan, Kyrgyzstan, Lebanon, Libya, Mongolia, Morocco, Nepal, Nigeria, Pakistan, Panama, Samoa, South Sudan, Somalia, Sudan, Syrian Arab Republic, Trinidad and Tobago, Venezuela, Yemen, Zimbabwe |
| Apple Pay | ASIC, CYSEC, FCA, NBRB, FSA | Australia, China, Hong Kong, Japan, Kazakhstan, Macao, New Zealand, Singapore, Taiwan, Austria, Belarus, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Hungary, Cyprus, Estonia, Georgia, Norway, Bulgaria, the United Kingdom, Greece, Ireland, Iceland, Liechtenstein, France, Switzerland, Denmark, Sweden, Jersey, Montenegro, Italy, Germany, San Marino, Faroe Islands, Guernsey, Latvia, Monaco, Croatia, Slovakia, Slovenia, Isle of Man, Finland, Greenland, Serbia, Ukraine, Spain, Czechia, Holy See, Brazil, Saudi Arabia, United Arab Emirates, Colombia, South Africa, Argentina, Armenia, Azerbaijan, Bahrain, Costa Rica, Israel, Mexico, Palestine, Peru, Qatar |
| PayPal | CySEC, FCA | Austria, Bulgaria, Cyprus, Czechia, Germany, Denmark, Estonia, Spain, Finland, France, Greece, Croatia, Hungary, Ireland, Italy, Lithuania, Luxembourg, Latvia, the Netherlands, Norway, Poland, Portugal, Romania, Sweden, Slovenia, Slovakia, the UK |
| Sofort | CySEC | Austria, Switzerland, Spain, France, the UK, Italy, the Netherlands, Poland, Slovakia, Germany |
| Payments_2C2P | NBRB | Indonesia |
| Ideal | CYSEC | The Netherlands |
| Giropay | CYSEC | Germany |
| Multibanko | CYSEC | Portugal |
| Przelewy | CYSEC | Poland |
| Qiwi | CYSEC | Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Lithuania, Latvia, Moldova, Tajikistan, Turkmenistan, Uzbekistan, Vietnam |
| Trustly | CYSEC, FCA | Austria, Czechia, Germany, Denmark, Estonia, Finland, the UK, Lithuania, Latvia, the Netherlands, Norway, Poland, Portugal, Sweden, Slovakia |
| Bank of Indonesia | NBRB | Indonesia |
| Bank of Malaysia | NBRB | Malaysia |
| Bank of Philippines | NBRB | Philippines |
| Nganluong | NBRB | Vietnam |
| UPI | NBRB, FSA | Indica |
| Netbanking | NBRB | India |
| Boleto | NBRB | Brazil |
| Transferencia Bancaria | NBRB | Brazil |
| Efecty | NBRB | Colombia |
| Baloto | NBRB | Colombia |
| BCI | NBRB | Chile |
| Banorte | NBRB | Mexico |
| Spei | NBRB | Mexico |
| BBVA Bancomer | NBRB | Mexico |
| Thai QR | NBRB | Thailand |
| GCash | NBRB | Philippines |
| GlobePay | NBRB | India |
| PayMaya | NBRB | Philippines |
| Pay Retailers | NBRB | Argentina, Colombia, Chile, Mexico, Brazil |
| POLi | ASIC | Australia |
| XPAY | FSA | Vietnam, Indonesia, Thailand, Malaysia |
How to Deposit Funds with Capital.com
👉 To deposit funds to an account with Capital.com, Kenyan traders can follow these steps:
➡️ Go onto the Captial.com app or platform and select “Account” followed by “Payments” and “Deposit Funds.”
➡️ Select a Payment Method
➡️ Enter the amount to be deposited and the currency and proceed with verification of the deposit.
Capital.com Fund Withdrawal Process
👉 To withdraw funds from an account with Capital.com, Kenyan traders can follow these steps:
➡️ Log into the app or trading platform and navigate to the “Account” section.
➡️ Select the option for “Payments” and click on “Withdraw.”
➡️ Select the same method that you used when you deposited funds, enter the amount you wish to withdraw, and confirm.
Education and Research
👉 Capital.com offers the following Educational Materials:
➡️ The Basics of Trading
➡️ Popular Market Guides
➡️ Trading Guides
👉 Capital.com offers Kenyan traders the following Research and Trading Tools:
➡️ Webinars
➡️ Economic Calendar
➡️ Capital.com TV
➡️ Market News Feeds
➡️ Technical Analysis
➡️ Fundamental Analysis
➡️ Market Insights
Bonuses and Promotions
👉 Capital.com offers the following bonuses and promotions:
➡️ A $250 Refer a Friend bonus for traders who invite others to register via the Capital.com mobile app. The referral must register and verify their account and make a minimum deposit of 200 EUR or GBP. In addition, to qualify, the referral must place at least three trades before the trader and their referral is rewarded.
Overall Rating
- 4.5/5
Min Deposit
USD 20 / 2330 KES
Regulators
CYSEC, ASIC, FCA and NBRB licence Seychelles coming soon
Trading Desk
Market maker
Crypto
Yes
Total Pairs
–
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
How to open an Affiliate Account with Capital.com
👉 Kenyans who want to partner with Capital.com can read through the information available on the broker’s website to decide whether what is offered is suited to them. Kenyans can then contact Capital.com to find out whether they qualify and to obtain the required application form and additional information.
Capital.com Affiliate Program Features
👉 Capital.com offers a CPA commission type Affiliate program where partners can get up to $800 for every client that is referred to the Capital.com platform. Subsequently, referrals must register a live account, verify the account, and fund the trading account for the affiliate to benefit.
👉 Capital.com offers its partners the following:
➡️ A dedicated personal manager
➡️ Weekly market updates
➡️ Customized marketing and promo materials
➡️ World-class trading education for clients who join
➡️ Dedicated customer support
➡️ Innovative trading technology
Capital.com Corporate Social Responsibility
👉 Capital.com does not currently indicate any Corporate Social Responsibility initiatives or projects.
Verdict on Capital.com
👉 Capital.com was established in 2016 and is run by Capital Com SV Investments Limited, the company that owns and operates the online broker. Using innovative technology, Capital.com can provide an exceptional user experience to Kenyan traders.
👉 It has a unique trading platform that delivers helpful information to assist Kenyan traders make wise investment selections. In addition, Capital.com offers a large variety of assets, which gives excellent trading alternatives.
👉 Aside from that, the broker is very well-regulated and offers its Kenyan customers a wide range of security features. Capital.com’s excellent research, powerful instructional material, and unique online platform make it a wonderful option for both novice and expert traders alike.
👉 Even though Capital.com has fewer regulatory licenses than some of the finest brokers, it still beats the industry average.
Capital.com Pros and Cons
| ✔️ Pros | ❌ Cons |
| Capital.com is a well-regulated broker that reports excellent user experience | United States clients are not accepted |
| Capital.com offers a proprietary platform, mobile trading apps, and MetaTrader 4 | There are restrictions on leverage ratios |
| There is a transparent fee structure with tight spreads, commission-free trading, and a reasonable overnight fee charge | The spreads are marked-up |
| Offers thematic investments and Capital.com TV | |
| The broker accepts all trading strategies including algorithmic trading, mobile trading, scalping, and others | |
| Offers a decent selection of deposit methods and withdrawal options including bank wire transfer, bank transfer, and electronic payment processors | |
| Currency conversion fees are not charged and there is a selection of base currencies | |
| There is a decent selection of educational content offered | |
| The proprietary platform offers charting tools and several other features | |
| Regulatory protection is guaranteed through several regulatory bodies | |
| There is a selection of instruments from a wide range of asset classes | |
| Capital.com offers helpful customer service 24/7 and there is a lot of customer feedback reflecting a positive experience with the broker |
FAQ
Which market regulators oversee Capital.com’s operations?
Capital.com is regulated by FCA, ASIC, CySEC, NBRB, and FSA in several regions, providing the broker with a global presence.
Is Capital.com a fake or a scam broker?
No, Capital.com is neither fake nor a scam and the broker has a Trustpilot rating of 4.3/5 with over 6,300 reviews in addition to having a trust score of 77%.
Is Capital.com regulated by the Capital Markets Authority in Kenya?
No, Capital.com has not yet obtained regulation from the CMA in Kenya.
What Trading Software can Kenyans expect from Capital.com?
Capital.com supports the following trading platforms:
- Capital.com
- MetaTrader 4
- Trading View
What is the maximum leverage that Kenyans can get from Capital.com?
This will depend on which regulations Kenyans register a live trading account. There are restrictions for some areas and the average leverage that can be expected is:
- NBRB Registration – 1:100
- FCA Registration – 1:30
- ASIC/CySEC Registration – 1:30
What is the overall rating for Capital.com?
We give Capital.com an overall rating of 9/10. Overall, Capital.com is considered a safe forex and CFD broker that offers over 6,500 markets, a choice between trading platforms, and competitive and commission-free trading.
While there is no KES-denominated account offered, Kenyan traders can expect tailored solutions and a transparent trading environment in which they can thrive.
Does Capital.com offer educational materials to beginner Kenyan Traders?
Yes, Capital.com offers a dedicated training academy that can help beginner traders gain more confidence in financial markets.
Conclusion
👉 Now it is your turn to participate:
➡️ Do you have any prior experience with Capital.com?
➡️ What was the determining factor in your decision to engage with Capital.com?
➡️ Was it because of the minimum deposit, regulation, retail trading accounts, or any other factors?
➡️ Have you experienced any issues with Capital.com such as difficulty withdrawing funds, inability to verify regulations, irresponsive customer support, etc.?
👉 Regardless, please share your thoughts in the comments below.
Addendum/Disclosure:
👉 No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.
