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7 Best cTrader Forex Brokers in Kenya

The 7 Best cTrader Forex Brokers for Kenyans revealed. We tested the best cTrader forex brokers for Kenyan Traders.

This is a complete guide to cTrader brokers in Kenya.

In this in-depth guide you’ll learn:

  • What is a cTrader Forex Broker?
  • Which cTrader Forex Brokers are best for Kenyan traders?
  • Which cTrader forex brokers offer mobile apps for IOS and Android devices in Kenya?
  • How to compare the best cTrader forex brokers against each other. 
  • Which cTrader forex brokers 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 cTrader forex brokers offer low leverage to Kenyan traders?

 

And lots more…

So if you’re ready to go “all in” with the best-tested cTrader Forex Brokers…

Let’s dive right in…

Updated : August 31, 2022

Best cTrader Forex Brokers in Kenya

🥇 Broker✔️ cTrader Forex Broker?💰 Minimum Deposit💸 Bonuses for Kenyan traders?👉 Open Account
1. HF MarketsYes5 USD (580 KES)Yes👉 Open Account
2. PepperstoneYes150 USD (17 490 KES)No👉 Open Account
3. BD SwissYes$100 (11635,00 KES)No👉 Open Account
4. FP MarketsYes80 USD (8700 KES)No👉 Open Account
5. XMYes5 USD (580 KES)Yes👉 Open Account
6. AvaTradeYes100 USD (11635,00 KES)No👉 Open Account
7. OANDAYesNoneYes👉 Open Account

7 Best cTrader Forex Brokers in Kenya (Updated 2022)

  1. HF Markets – Overall, Best cTrader Forex Broker in Kenya
  2. Pepperstone – Top ECN Forex Broker in Kenya
  3. BD Swiss – Best Lowest Spread Forex Broker
  4. FP Markets – Verified NDD cTrader Forex Broker
  5. XM – Award-Winning Nasdaq100 Forex Broker
  6. AvaTrade – Best cTrader Volatility75 Forex Broker
  7. Oanda – Top cTrader Sign-Up Bonus in Kenya

What are cTrader brokers?

👉 CTrader brokers provide a complete multi-asset third-party trading platform packed with a full range of features for Forex and CFD trading. cTrader has a stunning user interface and provides advanced order types and level II pricing with fast entry and execution.

Best CTrader brokers in Kenya

👉 cTrader brokers have numerous advantages for traders in Kenya and we have listed the best of these below.

1. HF Markets

Overall Rating

Min Deposit

USD 5 / 578 KES

Regulators

CySEC, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

No

Total Pairs

50+

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

👉 HF Markets is a foreign exchange broker that provides clients with a sophisticated trading platform, a selection of pricing alternatives and account types, as well as competitive fees and spreads that average 0.1 for the EUR/USD currency pair. HF Markets was formerly known as HotForex.

 

👉 Traders of any size or level of skill are able to benefit from infinite liquidity and have their pick from a diverse selection of spreads and liquidity providers. HF Markets provides its customers with a complete set of research tools that are suitable for the execution of any trading strategy.

 

Unique Features

FeatureInformation
⚖️ RegulationFSCA, CySEC, DFSA, FSA, FCA, FSC, CMA
📱 Social Media Platforms• Facebook
• Twitter
• Telegram
• Instagram
• YouTube
• LinkedIn
💻 Trading AccountsMicro Account, Premium Account, HF copy Account, Zero Spread Account, Auto Account
📊 Trading PlatformMetaTrader 4 and MetaTrader 5
💰 Minimum Deposit5 USD or 580 KES
💵 Trading AssetsForex, Precious Metals, Energies, Indices, Shares, Commodities, Cryptocurrencies, Bonds, Stocks DMA, ETFs
✔️ Kenyan Shilling-based Account?No
💵 KES Deposits Allowed?Yes
💸 Bonuses for Kenyan traders?Yes
📉 Minimum spreadFrom 0.0 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
Tight, competitive spreads from 0.0 pips on EUR/USD are offeredHF Markets only offers a few deposit and withdrawal methods to Kenyans
Kenyan traders have access to MetaTrader 4 and 5 across desktops, mobile apps, and web-based platforms
A demo account is available for beginners who are learning to trade and professional traders who are testing strategies
Kenyan traders can register a trading account in either USD, ZAR, or NGN
Several asset classes can be traded through HF Markets

 

Trust Score and Kenyan Market Share

🥇 HotForex has a trust score of 83% and a Kenyan market share of 2.5%.

2. Pepperstone

Overall Rating

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

 

Overview

👉 Pepperstone is known for its great customer service and wide range of platforms from third parties, like cTrader. The research offerings are better than the norm in the industry, but the small number of items that can be traded is a small downside.

 

👉 Pepperstone Markets was started in 2010 and is a well-known CFD and forex broker based in Kenya. The Pepperstone group, on the other hand, is based in Australia. Pepperstone Markets is a broker with offices all over the world, including one in Nairobi, Kenya. They follow strict rules and have offices in many places. In Kenya, Pepperstone Markets Kenya Limited has been given permission to do business by the Capital Markets Authority (CMA).

 

👉 Pepperstone Markets can handle multiple order fills, which lets them put larger orders into a liquidity aggregator on more than one level. Client orders are filled based on “market execution,” which means that there are no requotes, slippage can go up or down, and brokers do not get in the way.

 

Unique Features

FeatureInformation
⚖️ RegulationASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB
📱 Social Media Platforms• Facebook
• Twitter
• Instagram
• LinkedIn
• YouTube
💻 Trading AccountsStandard account, Razor Account, Professional Account
📊 Trading PlatformMetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade
💰 Minimum Deposit150 USD
✅ Trading Assets• Forex
• Cryptocurrencies
• Shares
• ETFs
• Indices
• Commodities
• Currency Indices
✔️ Kenyan Naira-Based AccountNo
💳 Bonuses for Kenyan traders?No
📉 Minimum spreadfrom 0.0 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
Pepperstone caters for traders of all trading experience or styleLeverage restrictions apply
Pepperstone is a multi-regulated and multi-award-winning brokerAdditional fees applied to the Islamic account
Pepperstone ensures client fund security by keeping it in segregated accounts
Pepperstone accepts Kenyan traders and provides enough educational material for beginners
Demo account and Islamic account offered
Several funding options offered
No deposit fees and withdrawal fees charged

 

Trust Score and Kenyan Market Share

🥇 Pepperstone has a very high trust score of 92% and a market share of <5% in Kenya.

3. BD Swiss

Overall Rating

Min Deposit

USD 100 / 11660 KES

Regulators

CySec, FSC, FSA, BaFin, NFA

Trading Desk

MetaTrader 4 , MetaTrader 5

Crypto

Yes

Total Pairs

50 Forex Pairs and 20 Crypto Pairs

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

👉 BDSwiss is considered to be a low-risk company, with four types of retail trading accounts including a Classic Account, Premium Account, VIP Account, and a RAW Trading Account.

 

👉 BDSwiss provides MetaTrader 5, BDSwiss Mobile, BDSwiss Web and cTrader as platforms.

 

👉 Since its inception in 2012, BDSwiss has established itself as a reputable and well-regulated broker with a large international clientele. There is a wide range of goods available for trading, including forex, commodities, stocks, indices, and many cryptocurrencies, which is far more than what is offered by most other brokers.

 

Unique Features

FeatureInformation
⚖️ RegulationCySEC, FSC, BaFIN, FSA
📱 Social Media Platforms• Facebook
• Twitter
• LinkedIn
• Instagram
• YouTube
• Blog
• Telegram
💻 Trading Accounts• Classic Account
• Premium Account
• VIP Account
• RAW Account
📊 Trading Platform• MetaTrader 4
• MetaTrader 5
• BDSwiss Mobile
• BDSwiss Web
• cTrader
💰 Minimum Deposit$100
✅ Trading Assets• Forex
• Commodities
• Shares
• Indices
• Cryptocurrencies
✔️ Kenyan Shilling-based Account?No
💰 KES Deposits Allowed?No, only USD, GBP, EUR
📉 Minimum spreadFrom 0.3 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
BDSwiss is well-regulated and offers services to countries worldwideThere are withdrawal fees charged
BDSwiss provides CTrader as multi-asset third-party trading platform for Forex and CFD trading.The BDSwiss trading platform is not offered as a desktop application
Traders can choose from over 250 financial instruments that can be traded using powerful trading platforms
BDSwiss offers MetaTrader and its own proprietary trading platforms on Web and Mobile devices
BDSwiss has won several awards since its inception, proving that it is a reputable and reliable trading provider
Demo accounts and Islamic accounts are offered
BDSwiss caters for both beginner and professional traders

 

Trust Score

🥇 Trust Score of BDSwiss is 83 out of 100.

4. FP Markets

Overall Rating

Min Deposit

USD 100 / 11560 KES

Regulators

ASIC, CySEC

Trading Desk

MetaTrader 4, MetaTrader 5

Crypto

Yes

Total Pairs

60

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

Overview

👉 In terms of low-cost Forex and CFD trading, FP Markets excels as a MetaTrader platform-based broker. There are more than 8,000 products that are available for trading on the trading platform suite and with MetaTrader, FP Markets is one of the most cost-effective brokers accessible to traders throughout the world.

 

👉 FP Markets provides a variety of value-added services, including VPS hosting for automated trading solutions, copy trading through the MT4 Myfxbook service, and retail account management using the MT4 MAM/PAMM module.

 

👉 FP Markets is not regulated by the Capital Markets Authority (CMA) in Kenya, but is well-regulated by the ASIC and CySEC, allowing the broker to provide cross-border services around the globe.

 

Unique Features

FeatureInformation
⚖️ RegulationASIC, CySEC
📱 Social Media Platforms• Instagram
• Facebook
• Twitter
• YouTube
💻 Trading AccountsRetail Account, Professional Account
📊 Trading PlatformMT4/5 Standard Account, MT4/5 Raw Account, MT4/5 Islamic Standard Account, MT4/5 Islamic Raw Account
💰 Minimum Deposit8700 KES or 80 USD
✅ Trading Assets• Forex
• Shares
• Metals
• Commodities
• Indices
• Cryptocurrencies
• Bonds
✔️ Kenyan Shilling-Based AccountNo
💵 KES Deposits Allowed?No
💳 Bonuses for Kenyan traders?No
📉 Minimum spread0.1 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
FP Markets is a well-regulated brokerAdministration fees charged on the Islamic Account
A dedicated Islamic account option are offered to Muslim tradersNo fixed spread accounts offered
A wide range of markets can be traded across asset classesWithdrawal fees charged
Powerful trading platforms for several devices are provided
Kenyan traders receive an ECN pricing model with raw and tight spreads
Fast trade execution through Equinix servers is guaranteed
Copy-trading and automatic trading is offered
Commission-free trading is possible
No inactivity fees charged on dormant accounts

 

Trust Score and Kenyan Market Share

🥇 FP Markets has a high trust score of 81% and a market share of <5% in Kenya.

5. XM

Overall Rating

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

 

Overview

👉 XM was founded in 2009 and has been in operation for more than 12 years. It operates in over 196 countries, has a service team that speaks 30 languages, and is one of the most trusted and well-regulated brokers.

 

👉 According to our research, XM is a medium-risk broker with an 84 percent trust score and an overall rating of 9/10 as a CFD and Forex broker for Kenyan traders. Some of the most important features that consumers look for in an online trading platform are security, customer service, account financing, and low fees, which XM provides in spades.

 

👉 XM is an excellent choice for beginning a trading career or advancing in an existing one.

 

👉 Despite the fact that the broker’s main branch is based in Belize and is licensed by the IFSC, the broker has offices around the world that can service clients’ needs, with relevant regulation and authority in these regions.

 

👉 This beneficial mix makes XM an excellent venue to begin a trading profession or to advance one’s existing trading career.

 

👉 A high level of reliability is provided by XM, a trading platform that eliminates the uncertainty associated with order execution while maintaining a high level of compatibility with MetaTrader 4 and 5 and cTrader.

 

Unique Features

FeatureInformation
⚖️ RegulationFSCA, IFSC, ASIC, CySEC, DFSA
📱 Social Media Platforms• Facebook
• Twitter
• YouTube
• Instagram
• LinkedIn
💻 Trading AccountsMicro Account, Standard Account, XM Ultra-Low Account, Shares Account
📊 Trading PlatformMetaTrader 4, MetaTrader 5, XM Mobile App
💰 Minimum Deposit5 USD
✅ Trading AssetsForex, Cryptocurrencies, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Shares
✔️ Kenyan Naira-Based AccountNo
💳 Bonuses for Kenyan traders?Yes
📉 Minimum spreadfrom 0.0 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
XM is a low-cost forex broker with a high trust scoreNo fixed spreads offered on accounts
XM has more than 5 million active clients from around the worldInactivity fees apply for dormant accounts
Client fund safety is guaranteed
XM offers investor protection to Kenyan traders
There are no commissions charged on deposits or withdrawals
XM has won several industry awards since its establishment in 2009

 

Trust Score and Kenyan Market Share

🥇 XM has a trust score of 84% and a market share of <5% in Kenya.

6. AvaTrade

Overall Rating

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

Overview

👉 AvaTrade was started in 2006 as a global broker for CFDs and FX. The company’s administrative headquarters are in Dublin, but it also has sales centres in Paris, Milan, Sydney, Tokyo, Madrid, Mongolia, Beijing, Kenya, Santiago, and Johannesburg.

 

👉 AvaTrade is regulated by financial watchdogs in Europe, the British Virgin Islands, Australia, Japan, and South Africa. To meet their own standards, the company’s AvaTradeGO app can be used anytime, anywhere, and has an easy-to-use interface and new tools for traders to use.

 

👉 AvaTrade’s focus on the customer and strong financial backing make it a unique service in the dangerous world of online trading. The company’s wide range of platforms and services, as well as its 24-hour, multilingual support desks, make it possible for every level of trader to work in the best way possible. AvaTrade has a wide range of trading options, including Forex, stocks, commodities, indices, and more.

 

👉 Even though the Capital Markets Authority (CMA) in Kenya has not licensed or regulated AvaTrade and the broker does not have a local office in Nairobi, AvaTrade is a trusted and highly recommended broker for Kenyan traders who want to trade on the global financial markets.

 

Unique features

FeatureInformation
⚖️ RegulationCentral Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC
📱 Social Media Platforms• Twitter
• Instagram
• Facebook
• YouTube
💻 Trading AccountsStandard and Options accounts
📊 Trading Platform• AvaTradeGO
• AvaOptions
• AvaSocial
• MetaTrader 4
• MetaTrader 5
• DupliTrade
• ZuluTrade
💰 Minimum DepositEquivalent to $100 – 11635,00 KES
✅ Tradable Assets• Forex
• Metals
• Crypto
• Energies
• Indices
• Stocks
💵 Trading AssetsEquivalent to $100 – 11635,00 KES
📉 Minimum spreadFrom 0.9 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
AvaTrade is an internationally recognised and award-winning broker that is regulated in multiple jurisdictions.The demo account is only available for a period of thirty days.
The broker enables customers to choose from a variety of trading strategies, providing Kenyan investors with flexibility.The spreads are not at their most competitive levels.
A demo account is available for both inexperienced and seasoned traders to use.On inactive accounts, administrative fees come in the form of inactivity fees, which must be paid.
AvaTrade provides Muslim traders with trading circumstances based on Islamic law.Retail traders have access to a relatively low ratio of leverage.
Both social trading and trading in cryptocurrencies are supported.
The services provided by AvaTrade will meet the needs of Kenyan merchants of all experience levels, to their complete satisfaction.
Different trading platforms accessible, accessed from a variety of devices.
Traders just starting out have access to a variety of learning resources that can help them expand their expertise and knowledge.

 

Trust score

🥇 The trust score for AvaTrade is 93%.

7. Oanda

Overall Rating

Min Deposit

USD 0 / 0 KES

Regulators

ASIC, BVI, CFTC, FCA, FFAJ, FSC, IIROC, MAS, NFA

Trading Desk

Metatrader 4 and Metatrader 5

Crypto

Yes

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

 

Overview

👉 Oanda provides its customers with access to a wide range of financial products, but it is particularly effective as a desktop trading platform for seasoned investors looking for a better trading experience.

 

👉 The product’s availability varies depending on the region. The broker has many strengths, including quick and reliable transaction execution, industry-standard research resources, user interfaces that are simple to use, and a track record of regulatory oversight.

 

Unique Features

FeatureInformation
⚖️ RegulationIIROC, ASIC, CFTC, NFA, FCA, FFAJ, MAS, MFSA
📱 Social Media Platforms• Facebook
• Twitter
• LinkedIn
• YouTube
💻 Trading AccountsStandard Account, Core Account, Swap-Free Account
📊 Trading PlatformMetaTrader 4, OANDA Platform, TradingView
💰 Minimum Deposit1 USD (116 KES)
✅ Trading AssetsIndex CFDs, Forex, Metals, Commodity CFDs, Bonds CFDs, Precious Metals, Real-time Rates
✔️ Kenyan Shilling-based Account?No
💵 KES Deposits Allowed?Yes
✔️ Kenyan Naira-Based AccountNo
💳 Bonuses for Kenyan traders?Yes
📉 Minimum spread0.1 pips
✔️ Demo AccountYes
☪️ Islamic AccountYes

 

✔️ Pros❌ Cons
Oanda has an award-winning proprietary trading platformThere is an inactivity fee on dormant accounts
Negative balance protection is automatically applied to the retail accountsNo fixed spreads are offered on accounts.
The broker offers a dedicated account for Muslim traders
No deposit fees are charged when accounts are funded
There is a large selection of educational materials

 

Trust Score and Kenyan Market Share

🥇 OANDA has a trust score of 91% and a market share of <5%.

How to choose cTrader brokers 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 cTrader Forex Brokers in Kenya

👉 In this article we have listed the best Forex brokers which offer cTrader brokers to traders in Kenya. We have further identified the forex brokers that offer additional services and solutions to Kenyan traders.

 

Best cTrader MetaTrader 4 / MT4 Forex Broker in Kenya

👉 Overall, Exness is the best cTrader MT4 forex broker in Kenya. Exness provides dynamic and adaptable account types and some of the most advantageous trading conditions in the industry. Exness gives access to over 200 financial products, a variety of retail account types, and a wealth of resources.

 

Best cTrader MetaTrader 5 / MT5 Forex Broker in Kenya

Best cTrader MetaTrader 5 / MT5

👉 Overall, Axiory is the best cTrader MT5 forex broker in Kenya. Trades with Axiory are executed in less than 200 milliseconds, and Kenyan traders are provided with the best trading software that is linked to Equinix data centers. Forex and CFD trading can be done with Axiory’s cTrader, MetaTrader, and the FIX API.

 

Best cTrader Forex Broker for beginners in Kenya

Best cTrader Forex Broker for beginners

👉 Overall, Tickmill is the best cTrader forex broker for beginners in Kenya. Tickmill’s VIP and Pro accounts also provide highly attractive commission-based pricing. In addition to low spreads, huge leverage, and fast execution speeds, Tickmill offers a wide range of CFD currency, stock, commodity, and index CFDs.

 

Best cTrader Minimum Deposit Forex Broker in Kenya

Best cTrader Minimum Deposit Forex Broker

👉 Overall, HF Markets is the best cTrader minimum deposit forex broker in Kenya. HF Markets, formerly known as HotForex, also is a low-risk CFD and forex broker that offers fair trading conditions, retail investor accounts, client fund security, and customer support.

 

Best cTrader ECN Forex Broker in Kenya

Best cTrader ECN Forex Broker

👉 Overall, Pepperstone is the best cTrader ECN forex broker in Kenya. Pepperstone is also known for exceptional client service, research offerings, and an extensive selection of platforms.

 

Best cTrader Islamic / Swap-Free Forex Broker in Kenya

Best cTrader Islamic / Swap-Free

👉 Overall, CM Trading is the best cTrader Islamic/swap-free forex broker in Kenya. CM Trading is also a trading services broker that accepts Kenyan traders even though the Capital Markets Authority (CMA) does not regulate the broker.

 

Best cTrader Forex Trading App in Kenya

Best cTrader Forex Trading App

👉 Overall, Trade Nation is the best cTrader forex trading app broker in Kenya. Trade Nation is also a platform with minimal risk and an effective trading app. Trade Nation further has competitive costs, a secure trading environment, and cutting-edge solutions.

 

Best cTrader Lowest Spread Forex Broker in Kenya

👉 Overall, FBS is the best cTrader lowest spread forex broker in Kenya. FBS is also a top forex and CFD broker for Kenyans that provides a wide range of trading accounts as well as an innovative and powerful proprietary trading app. FBS charges low, competitive fees, and traders can be confident that their clients’ funds are secure.

 

Best cTrader Nasdaq 100 Forex Broker in Kenya

Best cTrader Nasdaq 100 Forex

👉 Overall, XM is the best cTrader Nasdaq 100 forex broker in Kenya. XM also offers tight security, excellent customer service, account financing, and low fees.

 

Best cTrader Volatility 75 / VIX 75 Forex Broker in Kenya

Best cTrader Volatility 75 / VIX 75

👉 Overall, AvaTrade is the best cTrader Volatility 75 / VIX 75 forex broker in Kenya. AvaTrade is worldwide regulated by financial watchdog authorities and is lauded as CFD and FX broker. It offers an optimal trading environment for every level of a trader with 24-hour multilingual support desks.

 

Best NDD cTrader Forex Broker in Kenya

Best NDD cTrader

👉 Overall, FP Markets is the best cTrader NDD forex broker in Kenya. FP Markets also offers over 10,000 products in stocks, indices, forex, commodities, and cryptocurrencies, as well as a user-friendly mobile app and several account types.

 

Best cTrader STP Forex Broker in Kenya

Best cTrader STP Forex Broker

👉 Overall, OctaFX is the best cTrader STP forex broker in Kenya. OctaFX is also a dependable broker because of its low required minimum deposit, commission-free trading and the availability of an unlimited practice account.

 

Best cTrader sign up bonus Broker in Kenya

Best cTrader sign up bonus

👉 Overall, Oanda is the best cTrader sign-up bonus broker in Kenya. Oanda also offers competitive trading conditions, an award-winning proprietary platform, and high-quality trading solutions. On OANDA’s platform, both professionals and novices can access a wide range of indicators and charting tools.

Understanding how cTrader brokers work

👉 cTrader is a Forex trading platform with both web-based software and native mobile apps for both Android and iOS devices.

 

👉 The platform works with 16 different languages, including English, German, French, Italian, Russian, and many more. The proxy connection lets you connect quickly and easily from almost anywhere, and you can get great customer service at any time, which makes the platform much more useful.

 

👉 Scalpers like cTrader because trading can be done with just one click and positions can be opened quickly at the best price.

 

👉 cTrader is easy to understand and use with advanced trading features like fast entry and execution and customizable coding. It is connected to the most advanced back-end technology and can be used on a number of different devices.

 

👉 Both new and experienced traders can use cTrader. Traders can use advanced order types and get a better idea of what they are doing when they place orders.

Advantages of cTrader brokers

👉 cTrader brokers have several advantages. These advantages include:

➡️ cTrader enables people to use a user-friendly interface and a system that is simple to manage.

➡️ cTrader allows users to access crucial trading elements such as indicators, chart kinds, timeframes, EAs, and so on.

➡️ cTrader offers a high degree of security and dependability.

➡️ cTrader can show the full depth of market, with liquidity providers’ executable prices.

➡️ cTrader provide analysis and charting tools as well as customizable favourite currency pairs to trade, charts and indicators.

➡️ Different orders can be processed simultaneously which allows you to trade with no queue.

➡️ Traders can drag and drop any orders directly from charts they are following, and they can create custom indicators and robots to automatize their trading.

Disadvantages of CTrader brokers

👉 cTrader brokers also have some drawbacks of which traders in Kenya should take note in order to mitigate their risk of losses:

➡️ cTrader is extremely complicated, with nearly every feature serving a distinct purpose.

Conclusion

👉 Overall, cTrader is a platform that provides its users with a variety of handy tools and instruments to trade more effective. One of its most significant advantages is that it allows people to use a user-friendly interface and a simple-to-manage system. This trading software provides users with access to crucial trading aspects like indicators from chart types to timeframes and EAs.

FAQ

What is a cTrader platform?

cTrader is a third-party trading platform packed with a full range of features for Forex and CFD trading. cTrader has a stunning user interface and provides advanced order types and level II pricing with fast entry and execution.

 

What can cTrader be used for?

cTrader is an easy-to-use trading platform with advanced trading capabilities to trade CFDs and Forex. cTrader can be used by both new and advanced traders.

 

Is cTrader reliable?

Since cTrader is designed to be used with ECN brokers, execution is usually fair and genuine. It is a reliable solution with a clear fee structure, clear information about strategies and their history, and a copying system that makes trading better.

 

Is cTrader better than MT4?

While both platforms have advantages and disadvantages, overall cTrader offers superior software technology and more sophisticated trading tools than the standard MT4 platform.

 

Can cTrader be used for copy trading?

cTrader Copy is a fully integrated part of cTrader and a flexible investment platform that lets traders copy trading strategies and share their own strategies for other to copy.

Addendum/Disclosure:

👉 No matter how diligently we strive to maintain accuracy, all financial markets feature a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

9.4/10 - (15 votes)

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