Top 8 Locally Based Brokers
8 Best Crypto Trading Robots in Kenya
The 8 Best Crypto Trading Robots in Kenya revealed. We tested the best Crypto Trading Robots for Kenyan Traders.
This is a complete guide to Crypto Trading Robots in Kenya.
In this in-depth guide you’ll learn:
- What is a Crypto Trading Robot?
- Which forex brokers offer the best Crypto Trading Robots for Kenyan traders?
- Which Crypto Trading Robots can you use with M-PESA?
- How to compare the best Crypto Trading Robots against each other.
- Which Crypto Trading Robots are best for beginner Kenayn Traders?
- Which brokers offer a sign-up bonus for first-time traders in Kenya?
- Which brokers offer a low minimum deposit of $5 (583 KES) to start trading?
- Which Crypto Trading Robots offer a mobile app on IOS and Android for Kenyan Traders?
And lots more…
So if you’re ready to go “all in” with the best-tested Crypto Trading Robots…
Let’s dive right in…
- Louis Schoeman
8 Best Crypto Trading Robots in Kenya
| 🥇 Trading Bot | 💵 Pricing | 💻 Trial Period | ✔️ Features | 💰 Exchanges |
| 1. NAGA | • $250 Minimum Deposit • Spreads from 0.1 pips • $5 withdrawal fee • Inactivity Fees ($20) • Overnight Fees | Unlimited Demo Account | • Leveraged trading • Copy trading • 24-hour withdrawals • Several non-crypto asset classes | •N/A |
| 2. Crypto Hopper | • Free Basic Plan • $19 to $99 monthly | 7 days | • Arbitrage • Copy Trading • Market Maker • Mirror Trading • AI • 90+ Candle Patterns | • OKX • KuCoin • Bitpanda • Huobi Global • Poloniex • Kraken, etc. |
| 3. Pionex | • 0.05% Maker and Taker Fee | 89 days | • 6 Trading Bots • Grid Trading Bot • Spot-Futures Arbitrage • Risk Management Orders | • Binance • Huobi Global • Pionex |
| 4. HaasOnline | • Discounted Trial for 0.001 BTC • From 0.047 BTC for entry license | 2 weeks | • Grid Trading • DCA Trading • Scalping, etc. | • Binance • Coinbase • FTX, and 35 others. |
| 5. Trality | • Free Starter • Knight (€9.99) • Rook (€39.99) • Queen (€59.99) | Unlimited | • Over 120 rules • Rule Builder • Python code editor • Cloud Trading • Boolean Logic | • FTX • Kraken • Binance • Coinbase Pro, etc. |
| 6. Bitsgap | • Basic Plan ($19) • Advanced Plan ($44) • Pro Plan ($110 | 7 Days | • BTC trading program • Web-based • Grid Bot • Smart Orders • Futures Bots | • OKX • Binance • Kraken • CEX.IO, etc. |
| 7. TradeSanta | • Free Plan (max 2 bots) • Basic Plan ($10.5) •Maximum Plan ($70) | 5 days | • Several indicators • Mobile iOS and Android App • Customized Bots | • Binance • Bitfinex • Upbit, etc. |
| 8. CoinRule | • Starter Plan • Hobbyist ($30) • Trader ($60/$719) • Pro ($450/$5,399) | 7 Days | • 150+ Rules • Military-grade encryption • Backtesting data | • Binance Coinbase Pro • OKX • Kraken, etc. |
8 Best Crypto Trading Robots in Kenya (Updated 2023)
What is a Crypto Trading Robot?
👉 A bot is an Internet-based automated computer that does repetitive activities more effectively than humans. According to some estimates, almost 50% of internet traffic consists of bots that interact with websites and users, search for information, and conduct other duties.
👉 Crypto trading bots function according to the same fundamental premise. They are software programs that accomplish predetermined tasks using artificial intelligence.
👉 Whether you want to invest in the most undervalued cryptocurrencies or just add additional crypto coins to your portfolio, crypto trading bots allow you to buy, sell, or hold assets in a quick, efficient, and automated way, day, or night, from anywhere in the globe.
1. NAGA
Overall Rating
- 4.7/5
Min Deposit
USD 50 / 5825 KES
Regulators
CySEC, FCA
Trading Desk
Dealing Desk with DMA and STP
Crypto
Yes
Total Pairs
45+
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Overview
👉 NAGA is one of the greatest crypto trading platforms since it enables everyone to replicate skilled traders automatically.
👉 The Naga copy trading bot makes it easy for any Kenyan trader who lacks trading abilities or bot development skills to profit from investments with regular or set returns.
👉 However, crypto trading becomes more feasible by automatically replicating traders whose tactics give predictable or set returns.
👉 In addition, NAGA has an integrated wallet that enables users to deposit, receive, withdraw, transmit, and retain crypto. Over 40 cryptocurrencies offer all these capabilities, including auto-copy trading.
Price
➡️ There is a $250 / 29,800 KES minimum deposit.
➡️ Kenyans can expect spreads from 0.1 pips.
➡️ There is a $5 withdrawal fee charged.
➡️ There are inactivity fees of $20 are charged when the account becomes dormant.
➡️ There are Rollover, swap, and several other trading fees that may apply.
Features
➡️ Kenyans have a range of deposit and withdrawal options.
➡️ NAGA is regulated and features an innovative mobile app.
➡️ There are hundreds of copy trades to choose from.
➡️ Kenyans can expect several other non-crypto asset classes including ETFs, CFDs, stocks, and forex.
➡️ NAGA allows for margin and leveraged trading.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| NAGA is a popular broker and copy trading provider with Tier-1 and Tier-2 regulations through BaFin and CySEC, respectively | The minimum deposit requirement is very high |
| The broker offers a range of educational tools and materials through its website and trading platforms | There is no KES-denominated account offered to Kenyans |
| There are several advanced tools and research options for advanced Kenyan traders | Inactivity fees and currency conversion fees apply |
| There are a plethora of deposit and withdrawal options to choose from and the benefit is that deposit fees are not charged | Withdrawal fees are charged per account type |
| There are six account tiers to choose from, each with unique and competitive conditions and features | |
| Kenyan traders are accommodated and can expect competitive trading conditions from NAGA | |
| Client fund security is guaranteed | |
| Kenyans can trade more than 950 financial instruments from several asset classes |
2. Crypto Hopper
Overview
👉 Crypto Hopper is a cloud-based cryptocurrency trading bot that utilizes an algorithmic trading method and enables users to leverage external signals to make intelligent trades.
👉 The trading strategy is algorithmically built, and Kenyans can connect and utilize it with nine different cryptocurrency exchanges, some of which include Coinbase, OKEX, KuCoin, Binance, Kraken, and Huobi.
👉 Using Crypto Hopper, you could easily access free as well as paid signals from a variety of sources. In addition, it uses more than 30 trading indicators and more than 90 candle pattern combinations, and it is owned and operated from Amsterdam in the Netherlands.
👉 There are over 75 cryptocurrencies that can be traded using this bot including Litecoin, Ethereum, Bitcoin, and more.
Price
➡️ Traders get a Lifetime Free Basic Plan
➡️ Kenyans can choose between a $19, $49, or $99 monthly plan (2,200 KES, 5,800 KES, and 11,800 KES, respectively)
Features
➡️ Crypto Hopper connects to Kraken, Binance, OKX, KuCoin, and several other exchanges.
➡️ The Crypto Hopper mobile app is offered on Android and iOS devices.
➡️ There are no trading fees charged and Kenyans only pay the monthly fee.
➡️ The types of bots offered include Market Maker, Mirror Trading, AI, and Arbitrage.
➡️ With this bot, Kenyans can carry out their own technical analysis.
➡️ Crypto Hopper offers a range of strategies and bot templates.
➡️ There is a user-friendly interface and Crypto Hopper protects the user’s account using robust security protocols.
➡️ There are real-time performance reports offered.
➡️ The algorithms on this program support EMA, RSI, BB, and several other popular signals and/or indicators.
➡️ Kenyans can expect access to more than 90 candle patterns and over 30 indicators.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| It is straightforward to set up, and you do not need a credit card to join. | Technical support is limited |
| It is a trading bot that works around the clock and stores all its services in the cloud. | |
| You can “paper trade” to try out your strategy with no risk to your money. |
3. Pionex
Overview
👉 Pionex has earned a place on our list because of the 16 free trading bots that are pre-installed and integrated into the platform by default.
👉 Pionex’s bots allow you to trade in bitcoin on your behalf while only charging a nominal trading charge of 0.05%, which allows you to earn a profit even with the bots’ assistance.
👉 One of its most well-known bots is the Grid Trading Bot, which gives you the ability to sell high and purchase cheaply at the same time. On the other side, the arbitrage bot will use the futures market that is run by the broker system Binance to let you enjoy a payment every 8 hours.
Price
➡️ Pionex offers a free trial.
➡️ There is a low trading fee of 0.05% charged on trades.
Features
➡️ Pionex gives Kenyans free access to sixteen different trading bots.
➡️ When compared to the fees charged by most of the main exchanges, the trading cost here is the lowest. Both the maker and the taker are responsible for paying a trading charge of 0.05%.
➡️ Grid Trading Bot gives customers the ability to purchase cheap and sell expensive within a predetermined price range.
➡️ Leveraged Grid Bot offers an increase in leverage of up to 5x.
➡️ The Spot-Futures Arbitrage bot enables ordinary investors to generate passive income with a low level of risk. There is a very lucrative return rate that can be expected from pursuing this method between 15 and 50% APR.
➡️ Traders can put up stop-loss orders, take profits, and trailing orders all within the same transaction using the Smart Trade interface.
➡️ Pionex connects to Binance, Huobi Global, and the Pionex exchange.
➡️ The type of bots that Kenyans can expect include Grid Trading Bots, Arbitrage Bots, Martingale Bots, Rebalancing Bots, and many more.
➡️ Pionex has a proprietary trading app for Android and iOS.
➡️ The Money Services Business (MSB) License was granted by the United States FinCEN.
➡️ To benefit from price fluctuations, the Martingale bot uses DCA purchases and one-time sales.
➡️ The Dollar-Cost Averaging (DCA) Bot sets up frequent purchases to counteract the impacts of volatility.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| There are several trading bots to choose from. | Pionex does not support fiat deposits. |
| Pionex has an innovative app that is easy to set up and use. | |
| The platform is both safe and exceptionally reliable. | |
| There are affordable fees charged on all transactions. | |
| Pionex is one of the best crypto day trading platforms for Kenyan beginners who are still finding their feet. |
4. HaasOnline
Overview
👉 One of the oldest and most famous trading bots in the cryptocurrency industry is HaasOnline. It is common among seasoned traders who come from the stock and FX markets and who seek to increase their trading efficiency and profitability.
👉 You can connect to exchanges, leverage platforms, and identify cryptocurrency exchanges by employing API keys via the use of the bot.
👉 You can also design trading strategies from start, put them to the test, and improve them with the help of your HaasScript programming language. Because of this, you could develop some of the most intricate trading methods.
Price
➡️ There is no trial, but traders can access a discounted trial for 0.001 BTC for two weeks.
➡️ The entry-level licensing plan is 0.047 BTC.
Features
➡️ Allows traders to automate almost any trading technique.
➡️ This crypto trading robot permits the creation of one’s own technical analysis.
➡️ This free crypto trading bot protects your information and codes.
➡️ Utilize bespoke dashboards to monitor the performance of your trading bots and the market.
➡️ The program delivers performance information in real-time.
➡️ Contains HaasScript, a programming language created by HaasOnline specifically for trading bots.
➡️ This program features 15 customized bots that enable the adoption of various trading tactics, such as scalping.
➡️ Kenyans can easily utilize several tactics, including backtesting, paper trading, dollar-cost averaging, and arbitrages.
➡️ Traders can utilize various order types on various exchanges and generate synthetic order templates.
➡️ MACD and several other indicators are supported by this program.
➡️ Kenyans can utilize market data, charts, and other tools for automated crypto trading.
➡️ Support is given for Android and iOS through specialized applications.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| HaasOnline has on-site as well as cloud-based platforms, allowing traders optimal control | There is no proprietary mobile app offered, only third-party apps |
| The non-custodial trading merely requires an exchange API key | |
| Kenyans can use the paper trading function, allowing them access to live order books | |
| Kenyans can use backtesting as well as batch-testing features to improve their overall ROI | |
| There are no Blackbox trading bots |
5. Trality
Overview
👉 Trality gives you access to some good tools that you can use to build a bot, which you can then use to trade on exchanges by using their APIs.
👉 Kenyan traders in cryptocurrencies can easily avoid losses that are often brought on by emotional bias, mistakes, as well as delayed and insufficient analyses.
👉 You can either design trading methods for selling using Trality or utilize bots to trade crypto in multiple marketplaces.
👉 The platform provides simple tools to produce bots, such as drag-and-drop code editors and simple tool sets for the construction of bots.
👉 However, Python experts will benefit from it the most, but even novice traders may find it useful in certain circumstances. Using the Rule Builder, you can construct a trading algorithm even if you lack experience with coding.
Price
➡️ The basic starter plan is free, but traders will find limitations on trading volume (up to €5,000 or 600,000 KES).
➡️ The Knight Plan is €9.99 or 1,200 KES per month.
➡️ The Rook Plan is €39.99 or 4,800 KES per month.
➡️ The Queen Plan is €59.99 or 7,300 KES per month.
Features
➡️ Trality allows traders to create custom bots using the Rule Builder.
➡️ Trality connects to major exchanges such as Binance, Kraken, FTX, Coinbase Pro, and more.
➡️ There are several pre-defined and curated trading strategies offered.
➡️ Kenyans can easily rent bots from expert traders.
➡️ There is an innovative, beginner-friendly drag-and-drop graphical interface.
➡️ There is an in-browser Python code editor for advanced traders familiar with Python.
➡️ There is an extremely fast and reliable backtesting module.
➡️ Traders have access to cloud-based trading, which means that their algorithms can run around the clock.
➡️ Traders have access to Boolean Logic which features hundreds of technical indicators.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| There are several useful features for beginners and experts alike | Trality does not have a native mobile app for iOS or Android |
| The trading strategies are encrypted end-to-end | |
| Cloud-based trading allows for 24/7 trading | |
| There are over 100 technical indicators offered through Boolean Logic | |
| There are robust backtesting modules offered | |
| There is an innovative Python code editor offered to experts | |
| Beginners can expect a user-friendly interface |
6. Bitsgap
Overview
👉 The Bitsgap Trading Bot enables you to connect to over 25 different cryptocurrency exchanges so that you may trade automatically on those platforms.
👉 You can easily sign up for or log in using your Google or Facebook account, and it comes with a free trial period of fourteen days. In addition, you can also test out the features of the advanced plans via a demo exchange before you commit to purchasing one of the plans.
👉 By using it, you may engage in arbitrage across many exchanges, and by obtaining the appropriate market signals at the appropriate times, you can ensure that your trading selections are profitable.
👉 In addition to facilities for automated trading and arbitrage trading, there are features for monitoring portfolios.
Price
➡️ There is a 7-day trial period offered, with the basic plan from $19 or 2,200 KES per month.
➡️ The Advanced plan is $44 or 5,200 KES per month.
➡️ The Pro plan costs $110 or 13,100 KES per month.
Features
➡️ A chart makes it easy to examine your trading activity.
➡️ Bitsgap is a completely automated bot that operates around the clock.
➡️ Before investing, settings may be tested.
➡️ It is accessible without downloading.
➡️ For security concerns, your money is held on the exchange balance.
➡️ This BTC trading program enables you to earn the most profit possible.
➡️ Backtesting is offered so that preconfigured trading bots may be optimized for both bull and down markets.
➡️ Arbitrage trading can be done across various markets.
➡️ Bitsgap supports Grid Bot, Unlimited Smart Orders, Futures bots, and several others.
➡️ Bitsgap supports Binance, OKX, Bitfinex, Kraken, CEX.IO, Gemini, and several other exchanges.
➡️ Traders can easily manage and track their portfolios.
➡️ 100+ technical indicators and 12 chart formats facilitate rapid cryptocurrency study.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| The program is available on more than 25 brokerages | Web-only only – there is no mobile app offered |
| The program is known for its simplicity | |
| There are detailed TradingView charts offered for bot performance analysis | |
| There is a free 7-day trial offered | |
| The entry-level plan is affordable for beginners | |
| There are several types of bots offered | |
| There are several exchanges supported |
7. TradeSanta
Overview
👉 The cloud-based crypto trading program offered by TradeSanta is suitable for both novice and experienced investors, and even though it is available around the clock, you are not required to monitor it to generate a profit from it.
👉 Kenyans can easily connect it to a variety of cryptocurrency exchanges, including Binance, Huobi, and others, much like the majority of the other trading bots on our list.
👉 You will also have access to a support crew that is quick to respond, different indicators, and long- and short-term trading techniques when you utilize it. When using long trade, it is optimal to purchase tokens at a discount and then resell them at a higher price.
👉 Contrary to widespread belief, the shorting method is effective. You may utilize grid or DCA bots with this program, or you can use the support of Smart Order to make orders.
Price
➡️ There is a 5-day trial offered.
➡️ The free plan has a maximum of 2 bots.
➡️ The Basic Plan costs $10.5 or 1,200 KES per month, providing 49 bots.
➡️ The Maximum Plan is $70 or 8,300 KES and has an unlimited number of bots.
Features
➡️ Traders have access to an unlimited number of bots when they subscribe to the maximum plan.
➡️ TradeSanta supports Binance, Bittrex, Upbit, HitBTC, Bitfinex, and several others.
➡️ Kenyans have access to several indicators such as the Bollinger Bands, MACD, RSI, and more.
➡️ There is an innovative web platform and a native app for iOS and Android.
➡️ More advanced traders can easily create their own bot.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| TradeSanta offers a simplified process for programming bots | The trial is only offered for 5 days |
| The dashboard is simple and allows for easy performance tracking | |
| There are affordable and tiered subscription plans offered |
8. CoinRule
Overview
👉 The cloud-based trading bot was established in 2017, and it is managed by a team located in the United Kingdom. Kenyan crypto traders can easily link it to several different cryptocurrency exchanges, some of which include Binance, Huobi, Bitfinex, OKEx, and HitBTC.
👉 Trading takes place without the payment of any additional fees, other than the subscription fee. Because of this, you can develop several trading rules-based systems, giving you access to more than 7,000 different trading methods.
👉 Although it does not enable Technical Analysis (TA), users are allowed to utilize TradingView to communicate trading techniques and recommendations with one another.
Price
➡️ The Starter Plan is free but has limited features.
➡️ The Hobbyist Plan is $30 or 3,500 KES per month.
➡️ The Trader Plan is $60 or 7,100 KES per month or $719 / 86,000 KES annually.
➡️ The Pro Plan is $450 or 53,000 KES per month or $5,399 640,000 KES annually.
Features
➡️ Coinrule offers real-time customer support and trading can be done 24/7.
➡️ Kenyans can test rule performance using historical data and they can set customized rules for trading.
➡️ Coinrule features a market indicator, helping Kenyans allocate funds easily.
➡️ There is military-grade encryption offered.
➡️ Kenyans can easily test their strategies using some of the best backtesting data.
➡️ The program features several indicators including MACD, RSI, Bollinger Bands, and many more.
➡️ Kenyans who use the Pro version have access to trading templates.
➡️ There is a mobile app for iOS and Android offered alongside the web platform.
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Kenyans can easily create auto trading rules which are based on popular indicators | Does not allow a native technical analysis |
| Several plans suit different budgets and experience levels | |
| There is a trusted team of Crypto Experts that endorse this bot | |
| There are several exchanges supported | |
| There is a mobile app and web interface |
How to choose the right Crypto Trading Robot in Kenya
👉 Kenyan traders must evaluate the following components of a forex broker to decide whether the broker is suited to their unique trading objectives and/or needs.
Regulations and Licenses
👉 This is the first important component that traders must thoroughly evaluate. Reputable brokers are regulated by market regulators such as FCA, ASIC, CySEC, FSCA, and others. Kenyans must beware when dealing with brokers that only have offshore regulations such as FSA, SVG BVI, FSC, and others.
Account Features
👉 Account Features include leverage trading and margin requirement, commissions and spreads, initial deposit, additional features on retail investor accounts, and so on.
Deposits and Withdrawals
👉 Kenyans must evaluate the payment options available, the processing times on withdrawal requests, deposit currencies offered, the withdrawal fee, deposit fees, and minimum withdrawal limits among other trading and non-trading fees.
Range of Markets
👉 The range of markets offered refers to the number and range of tradable instruments that the broker offers. Kenyans must consider what they wish to trade and what is available.
Customer Support
👉 Customer Support is another crucial factor and Kenyans must check the availability of support (trading hours), the quality of support, and the promptness with which the customer support team responds to queries.
Trading Platform
👉 A trading platform is the Kenyan trader’s portal to the financial markets. Traders must ensure that the trading platform has the necessary technical indicators, fundamental analysis, technical analysis, economic calendar, charting, newsfeed, and other tools they may need.
Education and Research
👉 Education and Research come in handy to both novice traders and experienced investors. Education includes some of the following:
➡️ eBooks
➡️ Trading guides
➡️ Trading knowledge on leveraged products
➡️ A risk warning on complex instruments
➡️ Educational videos
👉 Research can include some of the following:
➡️ Trading tools
➡️ Commentary
➡️ Status of International Markets
➡️ Price movements
➡️ Market sentiments
➡️ Whether there is a volatile market
➡️ Exchange Rates
➡️ Expert opinions and several other resources can help experienced traders make informed trading decisions.
The Best Brokers in Kenya
👉 In this article, we have listed the best brokers that allow algorithmic trading strategies and robots in Kenya. We have further identified the brokers that offer additional services and solutions to Kenyan traders.
Best Broker for beginners in Kenya
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 KES
Regulators
CMA, CySEC, FSC, FSCA
Trading Desk
MetaTrader 4 and MetaTrader 5, HFM Trading App
Crypto
No
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, HF Markets is the best broker for beginners in Kenya. HF Markets provides substantial teaching and has sophisticated copy trading features for social traders. MetaTrader 5 is available, and Kenyans can trade over 1,200 CFDs including crypto assets.
Best Low Minimum Deposit Broker in Kenya
Overall Rating
- 4.5/5
Min Deposit
USD 5 / 584 KES
Regulators
IFSC, CySec, ASIC
Trading Desk
Desktop MT4 and MT5, Mobile MT4 and MT5, XM mobile app, Web platform
Crypto
No
Total Pairs
57
Islamic Account
Yes
Trading Fees
No (Just spread)
Account Activation Time
24 Hours
👉 Overall, XM is the best Low Minimum Deposit Broker in Kenya. XM is an industry leader, with 2.5 million subscribers from 196 countries.
👉 XM has grown into an online multi-asset forex broker in recent years, providing over a thousand CFDs and some of the most competitive spreads with a modest minimum deposit of 1,100 KES for a trading account.
Best ECN Broker in Kenya
Overall Rating
- 4.1/5
Min Deposit
USD 10 / 1156 KES
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Desk
MetaTrader 4, MetaTrader 5, cTrader and TradingView
Crypto
No
Total Pairs
60+
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
Trading margined products carries a high level of risk. Pepperstone Markets Kenya Limited, CMA Licence No. 128
👉 Overall, Pepperstone is the best ECN broker in Kenya. Pepperstone gives traders access to 70 distinct FX markets, 1,000 different CFDs for equities, 19 different cryptocurrencies, and more.
👉 Pepperstone provides a broad variety of leverage options, up to 1:500 for currency trading and 1:5 for cryptocurrency trading. Pepperstone provides some of the strongest ECN execution on transactions, with prices collected from prominent liquidity sources.
Best Islamic / Swap-Free Broker in Kenya
Overall Rating
- 4.6/5
Min Deposit
USD 10 / 1156 KES
Regulators
CySec, FSCA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
Yes
Total Pairs
–
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, FXTM is the best Islamic / Swap-Free broker in Kenya. Depending on the sort of account you have, the leading CFD broker FXTM offers both immediate and market execution.
👉 FXTM provides Muslim traders with the opportunity of turning their live accounts into Islamic accounts.
Best Trading App in Kenya
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 11560 KES
Regulators
ASIC, FSA
Trading Desk
MetaTrader 4, MetaTrader 5, Ava Social, Ava Protect, Trading Central
Crypto
Yes
Total Pairs
55+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, AvaTrade is the best trading app in Kenya. AvaTrade is part of the AVA group of firms, which provides many Social Copy Trading platforms. AvaTrade’s availability of different trading methods for trading purposes is one of its top benefits.
👉 Kenyans are offered a selection of alternatives regardless of whether they are a beginner or an expert trader. AvaTrade provides a variety of training resources and full trading solutions via its own trading applications for iOS and Android.
Best Kenyan Shilling Trading Account Broker in Kenya
Overall Rating
- 4.9/5
Min Deposit
USD 10 / 1156 KES
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Desk
MetaTrader 4 and MetaTrader 5
Crypto
Yes
Total Pairs
107
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, Exness is the best Kenyan Shilling trading account broker in Kenya. Kenyans who want a KES-denominated account to exempt them from incurring currency conversion costs need not go farther than Exness.
👉 Another benefit of using Exness is that the broker is famous for its competitive spreads and strong trading platforms.
Best Lowest Spread Broker in Kenya
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 KES
Regulators
FSA, FCA, ASIC, DFSA
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
66
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, Axi is the best lowest spread broker in Kenya. Axi has some of the narrowest spreads in the market when compared to other brokers that provide the same class of services.
👉 Axi is a broker that exclusively supports MetaTrader 4 and offers interbank spreads that come from some of the greatest liquidity sources in the market.
Best NDD Broker in Kenya
Overall Rating
- 4.7/5
Min Deposit
USD 100 / 11560 KES
Regulators
CySec, ASIC, FCA, BVI FSC, FSCA
Trading Desk
MetaTrader 4, MetaTrader 5, Markets.com propietary platform
Crypto
Yes
Total Pairs
67
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, Markets.com is the best NDD broker in Kenya. Using Markets.com’s revolutionary Investment Strategy Builder, investors can make intelligent purchases of stocks and shares denominated in foreign currencies.
👉 The greatest features and tools in the market are available to traders who utilize the Markets.com mobile app or web-based trading platforms, even if the MetaTrader 4 and MetaTrader 5 platforms are still accessible.
Best STP Broker in Kenya
Overall Rating
- 4.7/5
Min Deposit
USD 100 / 11615 KES
Regulators
CySEC, FCA
Trading Desk
–
Crypto
Yes
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, FOREX.com is the best STP broker in Kenya. This trading platform is easy to use, accessible from anywhere in the globe and offers great price and execution. On FOREX.com, foreign exchange (FX), contracts for difference (CFD), and associated services are highlighted.
Best Sign-up Bonus Broker in Kenya
Overall Rating
- 4.7/5
Total Pairs
32
Islamic Account
No
Trading Fees
Low
Account Activation Time
24 Hours
👉 Overall, RoboForex is the best sign-up bonus broker in Kenya. Kenyan traders can expect a seamless trading experience on a variety of markets offered by RoboForex.
👉 As one of the most lucrative in the business, RoboForex’s signup bonus is only one of the numerous ways the firm attracts new clients.
Conclusion
👉 Even the most advanced cryptocurrency trading bots are vulnerable to the market’s whims and swings, which must always be considered.
👉 One of the most important things to keep in mind is that they are not a magical way to make money without putting in any work or conducting your own research.
👉 However, if you are prepared to put in the time and effort to understand how they function and properly set them up, they can be quite rewarding.
FAQ
Do trading bots work with crypto?
Yes, trading bots can work for crypto as well as other markets. Automated trading bots can trade one or more cryptocurrencies on one or more trading platforms on behalf of their owner or user.
Are crypto trading bots profitable?
Yes, using crypto trading bots to your advantage might bring in a profit. However, remember that the danger of losing money is always there and that you should never invest more of your own money than you can afford to lose.
How successful are crypto trading bots?
They can be successful, but only when used with a well-thought-out, tested trading plan and strategy.
How much does a crypto bot cost?
This will depend on the developer, but some of the cheapest bots start from $10, or less.
Are there any free trading bots?
Several different trading bots offer free starter plans, but these are often capped in terms of the trading volume.
