Overall, JustMarkets suits Kenyan traders who want custom leverage, commission-free options, and access to MetaTrader.
It supports different strategies across multiple account types and offers enough variety for newer or experienced traders looking to trade forex, commodities, crypto, or indices using mobile or desktop.
What regulation does JustMarkets have that matters to Kenyan traders?
JustMarkets is regulated by the FSA (Seychelles), FSCA (South Africa), FSC (Mauritius and BVI), and CySEC (Cyprus).
Is JustMarkets legal for trading in Kenya?
Yes, though the CMA does not license it. It operates under offshore licences, so local regulatory protections don’t apply.
JustMarkets Broker Overview for Kenyan Traders
| Category | Details |
| 🏦Kenya Office Address | No office in Kenya. Registered office is in Seychelles. |
| 📧Email Support | support@justmarkets.com |
| 📞Phone Support (Kenya) | +248 46320271, +230 529703301 |
| 💬Live Chat | Available via website |
| ⏱️Customer Support Hours | 24/7 |
| ⏳Office Operating Hours | Business hours. Customer support available 24/7 |
| 🌐Official Website | www.justmarkets.com |
| 🚀 Sign up | 👉 Open Account |
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Is JustMarkets a Licensed Broker in Kenya?
No, JustMarkets is not licensed or authorised by the Capital Markets Authority (CMA) of Kenya. This means Kenyan traders are using an offshore-regulated entity when they register a trading account.
While this doesn’t automatically mean unsafe conditions, it means there’s no local investor protection, dispute resolution mechanism within Kenya, or regulatory oversight by the local financial authority.
Traders in Kenya access services from one of JustMarkets’s offshore entities, depending on the account setup.
| Regulator / Authority | Region / Country | License / Registration No. | Status / Description |
| Financial Services Authority (FSA) | Seychelles | SD088 / 8427198-1 | Just Global Markets Ltd. is authorised as a Securities Dealer. |
| Financial Sector Conduct Authority (FSCA) | South Africa | FSP 51114 / 2020/263432/07 | Just Global Markets (PTY) Ltd. is an authorised Financial Services Provider (FSP). |
| Financial Services Commission (FSC) | Mauritius | GB22200881 / 194590 GBC | Licensed as an Investment Dealer (Full Service Dealer, Excl. Underwriting). |
| Cyprus Securities and Exchange Commission | Cyprus (EU) | 401/21 / HE 361312 | JustMarkets Ltd. is authorised as a Cyprus Investment Firm under CySEC. |
| Financial Services Commission (FSC) | British Virgin Islands (BVI) | SIBA/L/24/1177 / 2139756 | Just Global Markets (VG) Ltd. holds an investment business licence from BVI FSC. |
JustMarkets Account Types: Standard, ECN, and More
Kenyan traders who decide to use JustMarkets can choose from a mix of low-deposit and advanced trading accounts, whether they trade independently or through.
All account types are available in USD, with the Kenyan Shilling not currently supported as a base currency. The maximum available leverage is 1:3000 across all accounts, and swap-free status is available on request.
| 💻 Live Account | 💳 Minimum Dep. | 👉 Open an account | 📊 Leverage | 💸 Commissions |
| Standard Cent | $10 | 👉 Open Account | Up to 1:3000 | None |
| Standard | $10 | 👉 Open Account | Up to 1:3000 | None |
| Pro | $200 | 👉 Open Account | Up to 1:3000 | None |
| Raw Spread | $200 | 👉 Open Account | Up to 1:3000 | $3 per side per lot |
| Copy Standard | $10 | 👉 Open Account | Up to 1:3000 | None |
| Copy Pro | $200 | 👉 Open Account | Up to 1:3000 | None |
Standard Cent Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4 |
| 📉 Spread Pips | From 0.3 pips |
| 💰 Minimum Deposit | $10 |
| 📈 Maximum Leverage | Up to 1:3000 |
| 💹 Trading Instruments | Forex, Commodities |
| 🏆 Best For | Those who want to build confidence on a smaller scale |
| ✅ Advantages | Trades in cent lots. Minimal deposit. Lower risk entry point. |
| 🚀Sign up | 👉 Open Account |
Standard Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 📉 Spread Pips | From 0.3 pips |
| 💰 Minimum Deposit | $10 |
| 📈 Maximum Leverage | Up to 1:3000 |
| 💹 Trading Instruments | Forex, Indices, Commodities, Stocks, Crypto |
| 🏆 Best For | Versatile strategies and multi-asset trading |
| ✅ Advantages | Zero commission. Supports various styles. Full asset access. |
| 🚀Sign up | 👉 Open Account |
Pro Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 📉 Spread Pips | From 0.1 pips |
| 💰 Minimum Deposit | $200 |
| 📈 Maximum Leverage | Up to 1:3000 |
| 💹 Trading Instruments | Forex, Indices, Commodities, Stocks, Crypto |
| 🏆 Best For | Lower-cost, active strategies that need tight pricing |
| ✅ Advantages | No commissions. Tighter spreads. Access to all markets. |
| 🚀Sign up | 👉 Open Account |
Raw Spread Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 📉 Spread Pips | From 0 pips |
| 💰 Minimum Deposit | $200 |
| 📈 Maximum Leverage | Up to 1:3000 |
| 💹 Trading Instruments | Forex, Indices, Commodities, Stocks, Crypto |
| 🏆 Best For | High-volume traders needing tighter spreads and direct pricing |
| ✅ Advantages | Tight spreads from 0 pips. Fixed commission of $3 per side. |
| 🚀Sign up | 👉 Open Account |
Demo Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 🛠️ Features | Full market simulation. All instrument access. Custom balance and leverage. |
| 🏆 Best For | Strategy testing and platform familiarisation without risk |
| 🚀Sign up | 👉 Open Account |
Islamic Account
| Account Feature | Value |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 📉 Spread Pips | From 0 pips (Raw Spread) or 0.3 pips (Standard types) |
| 💰 Minimum Deposit | $10 (Standard Cent, Standard) / $200 (Pro, Raw Spread) |
| 📈 Maximum Leverage | Up to 1:3000 |
| 💹 Markets Offered | Forex, Indices, Commodities, Stocks, Crypto |
| 🏆 Best For | Traders who require swap-free trading for religious reasons |
| ✅ Advantages | No overnight fees. Available across all account types. Same trading conditions. |
| 🚀Sign up | 👉 Open Account |
Does JustMarkets offer swap-free (Islamic) accounts for Kenyan traders?
Yes, swap-free accounts are available for clients who request them.
Can Kenyans set their trading account base currency to KES?
No, account base currencies are in USD or other majors, not Kenyan Shillings.
How to Create a JustMarkets Account and Start Trading
If you want to start trading with JustMarkets from Kenya, you need to register, complete verification, set up your account, and make your first deposit before trading.
Step 1: Register a Personal Area
This is where everything is managed, including accounts, deposits, withdrawals, trading platforms, support, and documents.
You’ll need to provide:
- Your email address
- Full name
- Country of residence
- A password of your choice
A verification code will be sent to the email you enter. Once that’s done, your Personal Area will be created.
Step 2: Verify Your Identity
To activate your account for deposits and trading, a few documents need to be uploaded:
- A government-issued photo ID
- Proof of residence (a utility bill or bank statement dated within the past six months)
Verification is usually reviewed and approved fairly quickly if your documents are clear and match the details you registered with.
Step 3: Choose an Account Type
JustMarkets offers several live account types. Each one supports different trading strategies, minimum deposit sizes, and spreads. Swap-free options are also available across the board.
If you aren’t ready to use a live account, a demo version can be created from the Personal Area.
Step 4: Make Your First Deposit
You can fund your account in USD, EUR, or other supported currencies. Deposit methods for Kenya include:
- E-Wallets
- Crypto
- Bank Transfers
- Credit/Debit Cards
- Alternative Payment Systems
Step 5: Download a Trading Platform
JustMarkets mainly supports MetaTrader 4 and MetaTrader 5. The trading platforms are available on:
- Windows
- macOS
- Android
- iOS
Step 6: Start Trading
Once your platform is set up and your account is funded, you can start placing trades. Your positions, balance, margin, and equity can all be tracked within the platform. Withdrawals are also requested through the Personal Area, and most methods used for deposits are supported for payouts as well.
JustMarkets vs. HFM vs. XM: Broker Review for Kenya
| JustMarkets | HFM | XM | |
| ⚖️ Regulation | FSCA, CySEC, FSA, FSC, BVI FSC | CMA, FSCA, CySEC, FCA, DFSA, FSA, FSC | FCA, CySEC, ASIC, FSCA, FSC Belize, FSC, FSA |
| 📱 Trading Platform | MT4, MT5, JustMarkets App | MT4, MT5, HFM App, WebTerminal, HFcopy | MT4, MT5, XM App |
| 💰 Withdrawal Fee | None | None | None |
| 📊 Demo Account | Yes (MT4/MT5, real-time pricing) | Yes (unlimited, MT4/MT5/HFM app) | Yes (unlimited, MT4/MT5, $100k virtual funds) |
| 📈 Minimum Deposit | $1 Cent, $10 Standard, $200 Pro/Raw | From $0 (Cent, Premium, Zero), $100 Pro, $250 Pro Plus, $10 HFcopy | $5 (Standard, Ultra Low), $10k Shares |
| 📈 Leverage | Up to 1:3000 | Up to 1:2000 | Up to 1:1000 (Standard, Ultra Low), 1:1 Shares |
| 📊 Spread | From 0.3 pips (Standard), 0.1 pips (Pro), 0.0 (Raw) | From 1.2 pips (Cent/Premium), 0.6 pips (Pro), 0.2 pips (Pro Plus), 0.0 (Zero) | From 1.6 pips (Standard), 0.8 pips (Ultra Low), market-based (Shares) |
| 💰 Commissions | $3 per side on Raw | Zero account: $3 per side per lot | Only Shares account charges commission |
| ✴️ Margin Call/Stop-Out | 40% / 20% | 50% / 20% | 50% / 20% |
| ✴️ Order Execution | Market execution | Market execution | Under 1 second |
| 💳 No-Deposit Bonus | None | None | None |
| 📊 Cent Accounts | Yes | Yes | None |
| 📈 Account Types | Cent, Standard, Pro, Raw, Copy, Islamic | Cent, Premium, Pro, Pro Plus, Zero, Top-Up Bonus, HFcopy | Standard, Ultra Low, Shares |
| ⚖️ CMA Regulation | No | Yes | No |
| 💳 KES Deposits | No | Yes | Indirect only (card/e-wallet, no direct M-Pesa) |
| 📊 Kenyan Shilling Account | No | No | No |
| 👥 Customer Service Hours | 24/7 | 24/5 | 24/7 |
| 📊 Retail Investor Accounts | Yes | Yes | Yes |
| ☪️ Islamic Account | Yes, all types on request | Yes, all types on request | Yes, all types on request |
| 👉 Open account | 👉 Open Account | 👉 Open Account | 👉 Open Account |
JustMarkets Platform Features for Kenyan Traders
JustMarkets’ platforms give Kenyans direct access to the same markets — forex, indices, commodities, stocks, and crypto- but how they trade, monitor, or manage accounts depends on the platform they choose.
MetaTrader 4
MetaTrader 4 gives Kenyan traders comprehensive access to all JustMarkets instruments and supports both manual and automated trading strategies.
Key Features
- Access to over 60 currency pairs, including majors, minors, and exotics.
- Built-in indicators and timeframes for basic technical analysis.
- Compatible with custom indicators and Expert Advisors (EAs).
- Fully encrypted terminal for secure trade execution.
MetaTrader 4 is ideal for traders who prefer a familiar setup with reliable order execution and basic automation tools.
MetaTrader 5
MetaTrader 5 is available on both desktop and mobile, and supports the entire range of JustMarkets instruments.
Key Features
- 80+ technical indicators and 21 timeframes for market analysis.
- Built-in Economic Calendar and live market news feed.
- Support for algorithmic trading and Expert Advisors.
- Market depth and advanced order types for precise control.
MetaTrader 5 is ideal for traders who want more control over analysis, automation, and execution across multiple markets.
JustMarkets App
Available on iOS and Android, the JustMarkets mobile app gives Kenyan traders access to all supported markets. Traders can place trades, manage funds, and more.
Key Features
- Over 1,000 technical indicators and interactive charting tools.
- Custom watchlists to monitor preferred instruments.
- Complete order control with the ability to open, modify, and close positions.
- Built-in account management with deposit, withdrawal, and live chat support.
The JustMarkets App is ideal for traders who want unlimited trading and account access on iOS or Android devices.
Does JustMarkets provide VPS hosting for Kenyan traders?
Yes, a free VPS is available if you maintain a minimum monthly trading volume.
What platforms can Kenyans use with JustMarkets?
Both MetaTrader 4 and MetaTrader 5 are fully supported.
Which Assets Are Available on JustMarkets in Kenya?
Kenyan traders who use JustMarkets can access several markets, including Forex, stocks, indices, commodities, and cryptocurrencies. With more than 250 instruments offered via MetaTrader 4 and MetaTrader 5, there’s a substantial variety for different strategies and risk levels.
| Market Type | Market Description | Examples/Popular Instruments | Reasons Why Kenyan Traders Should Be Familiar With This Type |
| 🏦 Forex CFD | Trade global currencies including major, minor, and exotic pairs. Available 24/5 with swap-free options and high leverage up to 1:3000. | EUR/USD, GBP/USD, USD/JPY, USD/ZAR, EUR/PLN | Currency pairs are highly responsive to economic news, making them useful for both short-term and swing strategies. |
| 📈 Stocks CFD | Trade CFDs on shares of top US and European companies. Zero commissions and swap-free. | AAPL (Apple), TSLA (Tesla), MSFT (Microsoft), VOWG_p (Volkswagen), OR (L’Oréal) | Global brands offer diverse trading opportunities across sectors like tech, banking, retail, and automotive. |
| 📊 Indices CFD | Trade entire markets in a single position through index CFDs. Includes US, European, and Asian indices. | US30 (Dow Jones), US500 (S&P 500), UK100 (FTSE 100), DE40 (DAX 40), JP225 (Nikkei 225) | Indices reflect broader economic performance and are useful for traders who prefer trend-based or macro-focused strategies. |
| 🛢️ Commodities CFD | Access precious metals and energy instruments. Most metals are swap-free, and trading is available across the week with minimal breaks. | XAUUSD (Gold), XAGUSD (Silver), BRENT (Brent Crude Oil), WTI (West Texas Oil), XNGUSD (Natural Gas) | These markets often react to global economic and geopolitical events, making them useful for diversification or short-term positioning. |
| 🚀 Crypto CFD | Trade digital assets 24/7 (excluding brief maintenance periods). Fixed leverage and swap-free for all accounts. | BTCUSD (Bitcoin), ETHUSD (Ethereum), ADAUSD (Cardano), XRPUSD (Ripple), DOGUSD (Dogecoin), BTCXAU (Bitcoin vs. Gold) | Crypto CFDs volatile, which presents frequent movement and opportunity for traders with strong risk awareness. |
JustMarkets Spreads, Swap Rates, and Extra Charges
Trading on JustMarkets means you’ll be dealing with variable spreads, fixed commission costs (depending on the account type), and overnight swap fees that differ by instrument. However, swap-free trading is widely supported, and there’s only one non-trading fee to be aware of.
Spreads
Spreads vary depending on the account type you open. Raw Spread accounts offer the tightest pricing, but come with commission costs. Standard and Pro accounts have no extra charges, but spreads are wider.
| Instrument | Standard | Pro | Raw Spread |
| EUR/USD | 1.4 pips | 0.8 pips | 0.1 pips |
| XAU/USD | 1.8 pips | 1.1 pips | 0.5 pips |
| Brent | 1.5 pips | 0.4 pips | 0.4 pips |
| Apple (Stock CFD) | 0.8 pips | 0.5 pips | 0.5 pips |
| NASDAQ 100 | 2.5 pips | 1.8 pips | 1.7 pips |
| BTC/USD | 266.9 pips | 202.4 pips | 202.2 pips |
Commission Fees
Only Raw Spread accounts are commission-based. Each side of a trade costs $3 per lot, which means you’ll pay $6 per round lot. If you’d rather not deal with commission costs at all, Standard and Pro accounts are fully spread-based.
Swap Fees (Overnight Charges)
Swap fees apply when positions are held past 22:00 GMT+3. Swap fees are standard across forex brokers and reflect the cost (or credit) of holding open trades overnight. Wednesday trades are charged triple swaps to cover weekends.
Here are some examples for Kenyans:
| Pair | Long Swap | Short Swap |
| EUR/USD | –13.32 pts | –3.72 pts |
| XAU/USD | –71.04 pts | –84.12 pts |
| Brent | –13.32 pts | –3.72 pts |
| AAPL | –6% | –3% |
| NASDAQ 100 (US100) | –1.5% | –1% |
| BTC/USD | –5554.2 pts | –8466.6 pts |
Where Swap-Free Doesn’t Apply
Swap-free status is automatically applied, but energy commodities are excluded. If you plan to trade Brent, WTI, or Natural Gas, you’ll want to monitor the overnight charges.
Inactivity Fee
If your account remains unused for too long, a small charge applies:
- $5 fee after 150 consecutive days of no trading or withdrawals.
- Applies to all account types.
- To avoid this, either place a trade or withdraw your funds before the 150-day mark.
JustMarkets Deposit/Withdrawal Methods for Kenyan Traders
JustMarkets supports multiple payment options to help you manage your funds. Below is a breakdown of the available deposit and withdrawal methods, including processing times, supported currencies, and how long it could take to receive your funds.
| Payment Type | Available Options | Deposit Time | Withdrawal Time | Supported Currencies |
| Bank Cards | Visa, Mastercard | Instant | Between 1 hour and 3 business days | USD, EUR |
| Bank Transfers | Local Bank Transfer, International Wire | 1–2 business days | 3–5 business days | USD, EUR |
| E-Wallets | Skrill, Neteller, Perfect Money, Sticpay, Jeton Wallet | Instant | 1–24 hours | USD, EUR, MYR, THB, IDR, VND, KWD |
| Cryptocurrency | Bitcoin, Ethereum, Tether (USDT) | Up to 1 hour (network-dependent) | Up to 1 hour (network-dependent) | BTC, ETH, USDT |
| Online Banking | Country-specific options (varies by region) | Instant | 1–2 business days | Local currencies (where supported) |
| Payment Systems | Fasapay, Help2Pay, PayTrust88 | Instant | 1–24 hours | USD, MYR, THB, IDR, VND |
How to Deposit Funds to JustMarkets
- Use your registered details to access your account. Everything related to deposits, withdrawals, and trading is managed in one place.
- Once logged in, open the “Funds” tab and select “Deposit” from the available options.
- If you have more than one trading account, you’ll need to choose which one to deposit into.
- Select from the available payment methods. The system will display options relevant to your region and account currency.
- Depending on the method you pick, you’ll be asked for different details.
- Type in the amount you want to deposit. If your funding currency differs from your account currency, the converted amount will show before you proceed.
- You’ll be redirected to complete the payment on the provider’s page. Once confirmed, the funds should arrive almost immediately (unless you’re using crypto or a bank transfer).
How to Withdraw Funds with JustMarkets
- Go back to your JustMarkets dashboard using your credentials.
- Click on “Funds” and then choose “Withdrawal” from the menu.
- Choose the trading account you want to withdraw from. Your available balance will be shown next to it.
- Choose a method that works best for you. If you deposited using a particular payment option, you may need to withdraw to that same method.
- Enter the withdrawal amount and make sure all your recipient details are correct, especially for bank transfers and crypto.
- Once submitted, JustMarkets’ team processes your request on their end.
How fast are deposits and withdrawals processed for Kenyans?
Most e-wallet and card transactions are instant, while bank wires can take 2–5 business days.
Is JustMarkets Good for Forex Education and Research?
Yes, if you trade from Kenya and need accessible, practical learning material. JustMarkets’ content suits beginners who are still getting familiar with the MetaTrader platform, but there’s also deeper guidance for more advanced strategies and tools.
| Tool | Description | Purpose for Traders |
| 📚 Trading Glossary | Alphabetised definitions for common forex and platform terms, covering everything from “Arbitrage” to “Volatility”. | Helpful for new traders in Kenya looking to understand margin, spreads, or account types without relying on social media explanations. |
| 📰 Articles | Ongoing updates covering platform usage, technical strategy, and macroeconomic news. Includes tips for MetaTrader and risk management. | Useful if you’re building a trading plan and need practical ways to manage risk, automate trades, or track news affecting KES, USD, or global markets. |
| ⏺️ Help Center | A full knowledge base with step-by-step guidance on accounts, platforms, funding, and policies. | Clear walkthroughs for anyone setting up an account from Kenya or using M-Pesa alternatives like Skrill or bank cards. |
| 🎥 Educational Videos | Video tutorials covering MetaTrader basics, signal performance, robot building, and buying tools from the MetaTrader Market. | Ideal if you’re more visual and want to follow platform steps on-screen. Many new traders in Kenya prefer this to text-heavy guides. |
| 📊 Market Overview | Market summaries and updates, including price action, technical signals, and sentiment drivers. | Handy if you’re checking global news before entering a forex trade or tracking short-term indicators that affect major pairs. |
| 📈 Daily Forecast | Daily analysis of key markets, combining charts, levels, and brief commentary. | Helps with entry timing — especially useful if you trade around London or New York sessions and want a second opinion on market direction. |
| ⌨️ Economic Calendar | Integrated MT5 calendar covering global events with expected impact ratings. | Important for timing trades around major releases that affect pairs like USD/KES or EUR/USD, without switching tools. |
| 🔬 Currency Converter | Real-time exchange calculator between major and minor currencies. | Simple but effective — helpful if you fund in KES and want to estimate your base currency conversion before depositing. |
Are JustMarkets’ Promotions Worth It?
Yes, the Loyalty Program is worth it, especially if you’re an active Kenyan trader.
What You Get
The promo is built around JM USD, where one JM USD equals one US dollar. Your earnings are credited into your account regardless of your account type and apply across several markets.
Every trade gives you 10% of the spread and commission costs back automatically. Once you’ve earned JM USD, you can move it into your trading account whenever you want.
Once transferred, it can decrease your trading costs by 50% on any new position (either the spread or commission), until the balance is depleted.
Where It Makes a Difference
If you are a high-volume trader who scalps frequently or trades during volatile periods where the spreads widen, JM USD gives you a clear, fixed rebate on those trades. It’s also platform-agnostic.
Whether you use MetaTrader 4 or 5, the same conditions apply. The rebates are tied to execution, not marketing windows.
JustMarkets Partner Program: Benefits and Requirements
JustMarkets’ Partner Programme offers a set-up that’s built around volume, consistency, and transparent payouts. The approach is straightforward: refer active traders, and earn a percentage of revenue generated through their trades.
There are two main tracks on offer, depending on how involved you want to be, and both are performance-based and reward active participation.
Introducing Broker (IB) Programme
The IB track is suited to individuals or groups with access to active traders. You’ll receive a dedicated referral link, and once your referrals begin trading, you’ll earn a percentage of JustMarkets’ revenue on every qualifying trade. The more they trade, the more you earn.
Here is what you can expect as a JustMarkets IB:
- Earn up to 45% of the revenue generated by referred clients’ trades.
- Daily commission payments are credited directly to your partner account.
- Withdrawals are processed instantly, subject to provider confirmation times.
- Access to a full suite of marketing tools and performance reports.
- Earnings apply across all instruments, including forex, stocks, crypto, and indices.
Affiliate Programme (Referral Link Sharing)
If you don’t want to manage client relationships directly, the referral-based option is another viable option. You’ll still receive a personalised tracking link and earn from clients who register and trade through it, but you don’t have to stay involved post-sign-up.
Here’s what affiliates can expect:
- No ongoing client engagement required after referral.
- Commissions apply across instruments and account types.
- Complete visibility into referral activity through your dashboard.
- Payouts based on trading volume, not profit/loss outcomes.
- Link-based tracking with instant account linkage.
Can Kenyans join affiliate or IB programs with JustMarkets?
Yes, JustMarkets offers partnership programs where Kenyans can earn commissions from referrals.
JustMarkets Live Chat, Email, and Phone Support Reviewed
| Customer Support | JustMarkets Customer Support |
| ⏰ Operating Hours | Available 24/7. There’s no downtime, whether it’s a weekday or weekend. You can reach agents day or night. |
| 🔊 Support Languages | Support is offered in English, Indonesian, Malaysian, Spanish, Portuguese, and Vietnamese. No Swahili at the moment. |
| 👥 Live Chat | Yes, it’s active on the site and fairly responsive. You won’t wait long before someone picks up. |
| ☎️Email Address | For standard support: support@justmarkets.com, For partnership or affiliate enquiries: partners@justmarkets.com |
| 🏆Telephonic Support | Phone support is available in English: +248 46320271 , +230 529703301 . You can also request a callback if you’d prefer not to be on hold. |
| 📍The overall quality of JustMarkets Support | Decent experience. Response times vary slightly depending on the channel, but it’s usually fast enough. No local Kenyan support team, but availability and options make up for it. |
Final Verdict: Should You Trade with JustMarkets?
Yes, if you want high leverage, commission-free options, and MetaTrader access.
The absence of CMA regulation will matter to some, but JustMarkets does hold licences in other regions with higher oversight than most offshore outfits. There’s no Kenyan Shilling base currency and no M-PESA support, but deposits via card, crypto, or Skrill are available.
What stands out is the variety: several live accounts, all supporting swap-free status, from $10 minimums. The Raw Spread account offers tight spreads with a fixed $3 commission. These are rare trading conditions, especially for Kenyan traders.
However, that’s not all; JustMarkets also offers a working mobile app, and doesn’t charge any withdrawal charges. In addition, the educational resources and trading tools are practical, and the Cashback (JM USD) gives regular traders something back.
Overall, JustMarkets is an ideal broker for most Kenyan traders, despite the few drawbacks identified in this review.
What Are the Main Benefits and Drawbacks of JustMarkets?
| 🟢 Pros | 🔴 Cons |
| High leverage options up to 1:3000 for all live accounts | No local licence from the Capital Markets Authority |
| Supports both MetaTrader platforms and its own mobile app | Kenyan Shilling not available as a base currency |
| Commission-free trading available on most account types | No local office or walk-in support in Kenya |
| Range of account types to suit entry-level and experienced users alike | Swap-free conditions don’t cover energy markets like oil and gas |
| Access to over 250 CFDs including crypto, indices, stocks and metals |
JustMarkets Review Detailed Summary
| Category | Details |
| 🌍 General Information | |
| 🏢 Company Name | JustMarkets |
| 📅 Year Founded | 2012 |
| 🏠 Head Office | Seychelles (with offices in Mauritius and South Africa) |
| ⚖️ Regulatory Bodies | CySEC (Cyprus), FSA (Seychelles), FSC (Mauritius), FSCA (South Africa) |
| 🏛️ Tier-1 Licenses | CySEC, FSCA |
| 🏢 Tier-2 Licenses | FSA Seychelles |
| 🏢 Tier-3 Licenses | FSC Mauritius |
| 👥 Active Traders Globally | Over 1 million clients across 197+ countries |
| 🏆 Awards | 50+ industry awards |
| 💼 Trading Desk Type | Market Execution |
| 🛡️ Is JustMarkets Safe? | Yes — segregated funds, negative balance protection, multi-regulated |
| 🌎 Accept Kenyan Clients | Yes |
| ⚠️ Negative Balance Protection | Yes |
| 📂 Account Details | |
| 🏦 Account Types | Cent, Standard, Pro, Raw Spread, Demo |
| 🌍 Account Opening Languages | English + Kiswahili supported |
| ☪️ Islamic Account Available | Yes (Swap-free on request) |
| ⏳ Account Opening Time | Fast (within 1–2 days) |
| 💰 Minimum Deposit | $10 (≈ KES 1,300) for Standard/Cent; $200 (≈ KES 26,000) for Pro/Raw Spread |
| 💳 Deposit Methods | Cards, Local Bank Transfer (Kenyan banks), E-wallets, Crypto |
| 📊 Demo Account Available | Yes |
| 🎁 Welcome Bonus | Yes — regular promotions and bonuses |
| ⚡ Deposit Processing Time | Instant for cards/e-wallets; local transfers vary |
| 📉 Trading Features | |
| 📈 Leverage | Up to 1:3000 (varies by account/jurisdiction) |
| 📊 Spreads | Cent/Standard: from 0.3 pips; Pro: from 0.1; Raw Spread: from 0 pips + commission |
| 🔄 Swap-Free Accounts | Yes (on request) |
| ⚡ Scalping Allowed | Yes |
| 🔒 Hedging Allowed | Yes |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5 |
| 🖥️ Desktop App | Yes |
| 📱 Mobile App | Yes (iOS & Android) |
| 📊 Trading Products | Forex, Indices, Commodities, Stocks, Crypto CFDs |
| 🔧 Technical Tools | Daily analytics, economic calendar, trading tools, VPS |
| 📊 Charting Tools | Advanced MT4/MT5 indicators |
| ⏳ Time Frames | Multiple (1 min to monthly) |
| 🔔 Alerts & Notifications | Yes (via platforms) |
| 📖 Education & Support | |
| 📚 Learning Materials | Webinars, articles, glossary, videos |
| 📅 Economic Calendar | Yes |
| 🎥 Weekly Webinars | Yes |
| 🏅 Beginner Friendly | Yes (cent accounts + education) |
| 🛠️ Trading Tools | Calculators, VPS, market news |
| 📧 Email Support | Yes |
| 📞 Phone Support | Yes |
| 💬 Live Chat Support | Yes (24/7) |
| ⏰ Customer Support Hours | 24/7 |
| ⭐ User Experience Score | High (strong Kenyan user rating) |
| 💰 Fees & Costs | |
| 🏦 Deposit Fee | No (broker covers deposit fee) |
| 💵 Withdrawal Fee | No (unless no trading activity) |
| ⏳ Inactivity Fee | Yes (charged after extended inactivity) |
| 💲 Commission Fee | Raw Spread: ~$6 per round lot; others: spread-only |
| 💳 Payment Methods | Cards, Local Transfer, E-wallets |
| 🔄 Trading Models | |
| 🚀 STP/ECN | Yes (via Raw Spread and advanced account types) |
| ❌ Market Maker | No (offers direct execution) |
| 🌟 Special Features | |
| 🖥️ VPS Hosting | Yes (via partners) |
| ⚙️ API Trading Support | Yes (for algorithmic strategies) |
| 📱 Mobile Trading Experience | High (responsive app with features) |
| 🔍 Advanced Tools | Analytics dashboard, risk tools |
| 📈 Instruments Offered | |
| 💹 Forex CFDs | Yes |
| 📉 Indices CFDs | Yes |
| 🛢️ Commodity CFDs | Yes |
| 📊 Stock CFDs | Yes |
| 🪙 Cryptocurrency CFDs | Yes |
| 🇰🇪 Kenya-Specific Features | |
| 🗣️ Local Languages Supported | English, Kiswahili |
| 💵 Local Bank Transfers Supported | Yes (Kenyan banks) |
| 💰 Minimum Deposit in KES | Standard/Cent: KES 1,300; Pro/Raw Spread: KES 26,000 |
| 📞 Kenyan Customer Support | Via global channels (available 24/7) |
| ⚖️ Regulation in Africa | Not regulated by CMA Kenya; operates under FSA Seychelles |
| 📈 Popularity in Kenya | Moderately high — trusted status among local traders |
| 🔥 Final Ratings | |
| ⭐ Beginner Friendliness | High |
| 📚 Education Quality | High |
| 💰 Deposit & Withdrawal Process | Convenient with local options |
| 📊 Platform Quality | High (MT4/MT5) |
| 🏅 Customer Service | Excellent (24/7 coverage) |
| ✅ Trustworthiness | Good (multi-regulated, safe for Kenyan users) |
| 🚀Sign up | 👉 Open Account |
Data Sources for This Broker Review
Frequently Asked Questions
What are the account types offered by JustMarkets in Kenya?
Kenyan traders can open Standard Cent, Standard, Pro, Raw Spread, Copy Standard, or Copy Pro accounts. All use USD, not KES, and support high leverage up to 1:3000.
Does JustMarkets provide mobile support for Kenyan traders?
Yes, the JustMarkets app is available on iOS and Android. It lets you place trades, manage funds, and contact support.
Can Kenyan traders use M-PESA to deposit with JustMarkets?
M-PESA isn’t listed, but e-wallets like Skrill, Jeton Wallet, and Perfect Money are available, along with cards and crypto.
What regulation does JustMarkets have that matters to Kenyan traders?
JustMarkets is regulated by the FSA (Seychelles), FSCA (South Africa), FSC (Mauritius and BVI), and CySEC (Cyprus).
Can Kenyans access JustMarkets’ economic calendar and market analysis?
Yes, market insights, daily forecasts, and the calendar are available through the platform or MT5.
How many instruments (forex, indices, crypto) can Kenyans trade on JustMarkets?
You can access over 250 instruments across forex, indices, commodities, stocks, and crypto.
Does JustMarkets have a local Kenyan office or phone number?
No, there’s no Kenyan office. The phone lines listed are international.
Is JustMarkets suitable for crypto trading in Kenya?
Yes, crypto CFDs include BTCUSD, ETHUSD, ADAUSD, DOGUSD, and more, with 24/7 access and no swaps.
How do I contact JustMarkets support from Kenya?
You can use live chat, email, or phone. WhatsApp and Telegram are also supported for client queries.
Are there Kenyan trader reviews or feedback about JustMarkets?
No, there’s no local testimonials section, but traders in Kenya can use forums and social groups to share experiences.
Is JustMarkets legal for trading in Kenya?
Yes, though the CMA does not license it. It operates under offshore licences, so local regulatory protections don’t apply.
Does JustMarkets charge inactivity fees for Kenyan accounts?
Yes, a $5 monthly fee applies after 150 days without trading or withdrawal activity.
How high is the leverage offered by JustMarkets for Kenyan traders?
Leverage goes up to 1:3000 on all live accounts.
How long does it take to open a JustMarkets account from Kenya?
Account creation and Personal Area access take minutes. Verification depends on how clear your documents are.
Does JustMarkets report user activity to Kenyan tax authorities (KRA)?
No, there’s no mention of data sharing with KRA on the JustMarkets website. Your tax reporting remains your responsibility.
What educational resources does JustMarkets provide for Kenyan beginners?
You get articles, videos, platform guides, a glossary, and tools like an economic calendar and currency converter.
Is there Swahili support available on JustMarkets for Kenyans?
No, support is available in English, Spanish, Portuguese, and a few others, but not Swahili.
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