Top 8 Locally Based Brokers
7 Best Volatility 75 Index Brokers in Kenya
The 7 Best Volatility 75 Index Forex Brokers in Kenya. We tested the best VIX 75 index forex brokers for Kenyan Traders.
This is a complete guide to brokers that offers traders in Kenya the chance to trade on the Volatility 75 Index.
In this in-depth guide you’ll learn:
- What is the Volatility 75 Index?
- What is the difference between the Volatility 75 Index vs NASDAQ 100 Index – Explained
- How to choose the best VOL 75 broker for your trading style?
- The Best Metatrader 4 (MT4) and Metatrader 5 (MT5) on the VIX 75 platforms revealed.
- Who is our #1 recommended 75 Index Volatility Broker in Kenya?
- Which Vix 75 broker offers a sign-up bonus for first-time traders?
- Which broker offers a low minimum deposit of $5 (583 KES)?
- Which Volatility 75 Index broker accepts M-PESA?
And lots more…
So if you’re ready to go “all-in” with VIX 75 Index Forex Brokers, this guide is for you.
Let’s dive right in…
- Louis Schoeman
Best Volatility 75 Index Brokers in Kenya
| 🥇 Broker | ✔️ Volatility 75 Index Broker? | 💰 Minimum Deposit? | 💸 Kenyan Shilling (KES) Deposits Allowed? | 👉 Open Account |
| 1. HF Markets | Yes | $5 (580 KES) | No | 👉 Open Account |
| 2. AvaTrade | Yes | $100 (11635,00 KES) | Yes | 👉 Open Account |
| 3. IG | Yes | $250 (28,700 KES) | Yes | 👉 Open Account |
| 4. eToro | Yes | $200 (23,000 KES) | Yes | 👉 Open Account |
| 5. Pepperstone | Yes | $150 (17 506 KES) | No | 👉 Open Account |
| 6. IC Markets | Yes | $200 (23,000 KES) | No | 👉 Open Account |
| 7. Plus500 | Yes | $100 (11,500 KES) | Yes | 👉 Open Account |
7 Best Volatility 75 Index Brokers in Kenya (Updated 2023)
- HF Markets – Overall, Best Volatility 75 Broker in Kenya
- AvaTrade – Best MetaTrader5/MT5 Forex Broker in Kenya
- IG – Best Volatility 75 for Beginners in Kenya
- eToro – Best Nasdaq100 Broker in Kenya
- Pepperstone – Best KES Trading Account Forex Broker
- IC Markets – Best Volatility 75 Index NDD Forex Broker
- Plus500 – Best MetaTrader 4/MT4 Broker
What is a Volatility 75-index forex broker?
👉 A Volatility 75-index forex broker is a broker who offers this index to forex traders. The Volatility 75 index is a factor-based index of forex market volatility and investor sentiment. It is sometimes known as the fear index or fear gauge.
👉 Readings above 30 indicate an increase in investor unease while readings below 30 are a sign of complacency in the markets. The Volatility 75 index functions by measuring the volatility of the S&P 500 stock index.
1. HF Markets
Overall Rating
- 4.8/5
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
👉 HF Markets is one of the few Volatility 75-index forex brokers which are regulated by the Capital Markets Authority (CMA) in Kenya. The company is also multi-regulated by several other regional entities.
👉 Over the last 10 years, HF Markets has garnered more than 55 industry awards, and has a register of over 2.5 million active accounts. The range of features in its trading accounts is suited to traders with different trading styles, levels, and goals.
👉 As one of the top 20 forex brokers accommodating Kenyan traders, HF Markets offers a very wide spectrum of tradable assets. It also has a variable range of efficient account types.
👉 Kenyan traders are able to manage multiple accounts by using the MultipleTerminal platform provided by HF Markets.
👉 By comparison with other forex brokers in Kenya, the commission fees offered by HF Markets are very low. The company also offers a broad range of useful educational materials, as well as a large number of research and trading tools.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FSCA, CySEC, DFSA, FSA, FCA, FSC, CMA |
| 📱 Social Media Platforms | • Facebook • Telegram • YouTube |
| 💻 Trading Accounts | Micro Account, Premium Account, HF copy Account, Zero Spread Account, Auto Account |
| 📊 Trading Platform | MetaTrader 4 and MetaTrader 5 |
| 💰 Minimum Deposit | 5 USD or 580 KES |
| 💵 Trading Assets | Forex, 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 spread | From 0.0 pips |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes |
| ✔️ Pros | ❌ Cons |
| Tight, competitive spreads from 0.0 pips on EUR/USD are offered | HF 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
🥇 HF Markets has a trust score of 83% and a Kenyan market share of 2.5%.
2. AvaTrade
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
Overview
👉 AvaTrade was established in 2006 as a CFD and forex broker. It is part of the AVA group, which is regulated by several regional bodies, including the Irish Central Bank. It has a local office in Nairobi, though it is not regulated by the Capital Markets Authority (CMA) in Kenya.
👉 Globally, AvaTrade is one of the most trusted and reputable forex brokers. It adheres to stringent regulatory norms, with Kenyan traders’ funds held in segregated accounts with top-tier banks. It is also a member of the Investor Compensation Fund in Europe.
👉 It also offers an exceptional range of educational, research, and trading tools to Kenyan traders. AvaTrade provides various types of incentives and promotions and has a trade affiliate program incorporating a number of advantages.
👉 The company has more than 300 000 registered users and enjoys consistently high trust ratings and satisfied customer reviews.
Unique features
| Feature | Information |
| ⚖️ Regulation | Central Bank of Ireland (CBI), BVI FSC, ASIC, FSCA, JFSA, FFAJ, ADGM, CySEC, ISA, KNF, IIROC |
| 📱 Social Media Platforms | • Twitter • YouTube |
| 💻 Trading Accounts | Standard and Options accounts |
| 📊 Trading Platform | • AvaTradeGO • AvaOptions • AvaSocial • MetaTrader 4 • MetaTrader 5 • DupliTrade • ZuluTrade |
| 💰 Minimum Deposit | Equivalent to $100 – 11635,00 KES |
| ✅ Tradable Assets | • Forex • Metals • Crypto • Energies • Indices • Stocks |
| 💵 Trading Assets | Equivalent to $100 – 11635,00 KES |
| 📉 Minimum spread | From 0.9 pips |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes |
| ✔️ 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%.
3. IG
Overall Rating
- 4.8/5
Min Deposit
USD 0 / 0 KES
Regulators
IGRs
Trading Desk
MetaTrader 4
Crypto
Yes
Total Pairs
80
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
👉 IG is a very well-regulated forex broker in Kenya. Though not regulated by the Kenyan Capital Markets Authority (CMA), it is overseen by many regional regulatory entities in several jurisdictions.
👉 The company offers a wide range of trading accounts globally, with over 17 000 trading instruments. IG has outstanding customer service, with educational and active research facilities. Its interfaces are user-friendly and competitive.
👉 Established in 1974, IG has nearly 50 years of experience in the ever-changing world of forex trading. It now has a vast market range and offers more 24-hour indices than any other broker, with 24/7 expert support to assist Kenyan traders in achieving their goals.
Unique Features
| Feature | Information |
| ⚖️ Regulation | FCA, BaFin CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
| 📱 Social Media Platforms | • LinkedIn • YouTube |
| 💻 Trading Accounts | • IG Trading Account • Limited Risk Account • Islamic Account (Dubai traders only) • Demo Account |
| 📊 Trading Platform | • MetaTrader 4 • IG Platform • ProRealTime (PRT) • L2 Dealer • FIX API |
| 💰 Minimum Deposit | 28,700 KES or an equivalent to $250 |
| ✅ Trading Assets | • Forex • Indices • Shares • Commodities • Cryptocurrencies • Futures • Options |
| ✔️ Kenyan Shilling-based Account? | No |
| 💵 KES Deposits Allowed? | No |
| 📉 Minimum spread | From 0.0 pips |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes (Dubai customers only) |
| ✔️ Pros | ❌ Cons |
| IG is a multi-regulated and multi-asset online broker with one of the highest trust scores in Kenya | The minimum deposit is very high |
| IG offers a choice between several account types and trading platforms | Deposit fees are charged |
| Kenyan traders can use different trading strategies when they join IG | The Islamic account is only offered to Dubai traders |
| There are Islamic accounts offered to Dubai traders | There is a limited selection of payment options for deposits and withdrawals |
| Beginners are given access to the IG Academy | There are currency conversions if Kenyan traders deposit in Kenyan shilling |
| Advanced traders can expect several advanced and sophisticated trading tools |
Trust Score
🥇 IG has a trust score of 99% and a market share of < 5% in Kenya.
4. eToro
Overall Rating
- 4.8/5
Min Deposit
USD 50 / 5780 KES
Regulators
CySec, FCA
Trading Desk
None
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
* Etoro has lowered the amount of the minimum FTD to $ 50 for the following countries: Germany, Austria, Netherlands, Norway, UK, Ireland, Spain, Italy, Sweden, Switzerland.
Overview
👉 eToro was founded in Israel in 2007 and aims to be one of the most accessible forex brokers for Kenyan traders, and globally. To this end, it has a flexible range of trading and investment instruments.
👉 It is a reputable forex broker with multiple regulations in a big number of jurisdictions, though eToro is not regulated by the Capital Markets Authority (CMA) in Kenya. It uses sophisticated cyber security to protect personal information, and client funds are segregated in top-tier bank accounts.
👉 Following its aim to be more accessible, eToro is a user-friendly, simple interface. For effective management of traders’ funds, the company introduced innovative trading features, including Virtual Portfolios, Social Trading, CopyTrader, and Smart Portfolios.
👉 eToro provides a community-powered network that enables traders to view trades made by other more seasoned traders and to follow these automatically.
Unique Features
| Feature | Information |
| ⚖️ Regulation | CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, SIPC. |
| 📱 Social Media Platforms | • Instagram • YouTube |
| 💻 Trading Accounts | One Standard Live Trading Account with the option for Retail and Professional |
| 📊 Trading Platform | eToro proprietary platform |
| 💰 Minimum Deposit | 23,000 KES or equivalent to $200 |
| ✅ Trading Assets | • Forex Pairs • Commodities • Exchange-traded funds (ETFs) • Indices • Crypto Assets Stocks |
| 💵 Kenyan shilling Deposits Allowed? | No, only USD, GBP, EUR, and AUD |
| ✔️ KES Deposits Allowed? | No |
| 📉 Minimum spread | 0.0 pips |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes |
| ✔️ Pros | ❌ Cons |
| eToro has a strict and solid regulatory framework | There are limitations on leverage for retail traders |
| Client fund safety is guaranteed and there is consumer protection offered | There is a limited selection of retail investor accounts |
| eToro offers commission-free trading | Fixed spreads are not offered |
| There are over 2,000 complex instruments that can be traded | The spreads are not the tightest |
| The broker offers several trading opportunities and a social trading feature | There is a high minimum deposit on the Islamic Account |
| There is an award-winning proprietary platform offered | There is an inactivity fee charged on dormant accounts |
| eToro offers 24/6 dedicated customer services | |
| eToro offers a demo account and an Islamic Account | |
| Algorithmic trading and margin trading supported | |
| Real time quotes are offered alongside a wide range of benefits | |
| The mobile app is secure and features robust security such as two-factor authentication | |
| The app can be used as a wallet app for digital currencies | |
| Offers several resources that help traders make improved financial decisions with confidence | |
| Offers several helpful tools and services as a solid basis for investment decision along with investment advice | |
| Provides access to several popular cryptocurrencies that can be traded and crypto staking services | |
| There is a comprehensive portfolio management service and popular investor program offered |
Trust Score and Kenyan Market Share
🥇 eToro has a trust score of 93% and a market share of < 5% in Kenya.
5. Pepperstone
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
Overview
👉 Pepperstone is an Australian-based forex broker founded in 2010. It has offices around the world but caters to the needs of Kenyan traders at its local office in Nairobi. It is also regulated by the local Kenyan Capital Markets Authority (CMA).
👉 It is known for its outstanding customer service and a wide choice of third-party platforms. Pepperstone is included among the top 10 forex brokers operating in Kenya and is multi-regulated in a number of other jurisdictions.
👉 The company maintains high capital requirements and complies with stringent regulatory norms overseen by effective internal processes. This oversight includes such aspects as client fund protection, risk management, and anti-money laundering.
👉 With a flexible range of trading accounts, platforms, and tradable assets, Pepperstone is especially welcoming to Kenyan forex traders.
Unique Features
| Feature | Information |
| ⚖️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB |
| 📱 Social Media Platforms | • Facebook • YouTube |
| 💻 Trading Accounts | Standard account, Razor Account, Professional Account |
| 📊 Trading Platform | MetaTrader 4, MetaTrader 5, cTrader, TradingView, Myfxbook, DupliTrade |
| 💰 Minimum Deposit | 150 USD |
| ✅ Trading Assets | • Forex • Cryptocurrencies • Shares • ETFs • Indices • Commodities • Currency Indices |
| ✔️ Kenyan Naira-Based Account | No |
| 💳 Bonuses for Kenyan traders? | No |
| 📉 Minimum spread | from 0.0 pips |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes |
| ✔️ Pros | ❌ Cons |
| Pepperstone caters for traders of all trading experience or style | Leverage restrictions apply |
| Pepperstone is a multi-regulated and multi-award-winning broker | Additional 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.
6. IC Markets
Overall Rating
- 4.7/5
Min Deposit
USD 200 / 23120 KES
Regulators
ASIC
Trading Desk
Metatrader 4
Crypto
Yes
Total Pairs
65
Islamic Account
Yes
Trading Fees
Low
Account Activation Time
24 Hours
Overview
👉 IC Markets is an average to low-risk forex broker in Kenya. Though not regulated by the Kenyan Capital Markets Authority (CMA), the company is satisfactorily regulated in several other jurisdictions.
👉 It is a genuine ECN broker offering a wide scope of trading choices with deep liquidity from a diverse set of liquidity providers.
👉 This Australian-based company is placed among the top ten Volatility 75-index forex brokers operating in Kenya, though it does not have a dedicated Kenyan office and account manager.
👉 Kenyan traders can choose their own spreads, with variable fee structures depending on the account type, traded instrument, and market position. IC Markets also provides a wide range of educational, research, and trading tools.
Unique Features
| Feature | Information |
| ⚖️ Regulation | ASIC, CySEC, FSA, SCB |
| 📱 Social Media Platforms | • Instagram |
| 💻 Trading Accounts | • cTrader Account • Raw Spread Account • Standard Account |
| 📊 Trading Platform | • MetaTrader4 • MetaTrader5 • cTrader |
| 💰 Minimum Deposit | 23,000 KES or equivalent to $200 |
| ✅ Trading Assets | • Forex • Commodities • Indices • Bonds • Cryptocurrencies • Stocks • Futures |
| 💵 Kenyan shilling Deposits Allowed? | No |
| ✔️ KES Deposits Allowed? | No |
| 📉 Minimum spread | 0.7 pips EUR/USD |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes |
| ✔️ Pros | ❌ Cons |
| IC Markets is a multi-regulated broker with a high trust score | The initial minimum deposit is higher than that of competitors |
| IC Markets offers a choice between three powerful trading platforms | A conversion fee may apply for Kenyan traders who fund their account in KES |
| Kenyan traders can expect institutional-grade liquidity | Kenyan traders cannot use KES as the base account currency for a trading account |
| IC Markets is one of few brokers that have a true ECN model | IC Markets does not offer any proprietary trading platforms |
| Hedging, scalping, and several other trading strategies are allowed | |
| Traders have access to a FIX API connection when they use cTrader | |
| There are low trading and non-trading fees, with the benefit of a demo and Islamic account | |
| IC Markets is transparent about its fee schedule, which further instils trust |
Trust Score and Kenyan Market Share
🥇 IC Markets has a trust score of 85% and a market share > 5% in Kenya.
7. Plus500
Overall Rating
- 4.9/5
Min Deposit
USD 100 / 11560 KES
Regulators
CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA
Trading Desk
WebTrader
Total Pairs
70
Crypto
Yes (Availability subject to regulations)
Trading Fees
Low
Account Activation Time
24 Hours
Overview
👉 Plus500 is a leading global forex broker that has consistently expanded its worldwide reach since its inception in 2008. By 2018 it had acquired around 304 000 active trading customers. Its web technologies enable the company to expand constantly without a physical presence.
👉 Plus500’s proprietary trading app is suitable for use on desktop, web, and mobile devices. This intuitive platform is one of the most popular in the Apple App Store and Google Play due to its accessible features for mobile forex traders.
👉 The company is a low-risk forex trader in Kenya with an exceptionally high trust score of 99%. It is multi-regulated across several jurisdictions and enjoys a very high rate of good user reviews.
👉 Plus500 offers Kenyan traders a first deposit bonus and the possibility to open an affiliate account. It also follows strict policies of social and environmental responsibility, linking business practices with the needs of the communities where it operates.
Unique Features
| Feature | Information |
| ⚖️ Regulation | ASIC, FSCA, FCA, CySEC, FSA Seychelles, MAS |
| 📱 Social Media Platforms | • Facebook |
| 💻 Trading Accounts | Standard Live Account |
| 📊 Trading Platform | Plus500 mobile and web-based trading platform |
| 💰 Minimum Deposit | 11,500 KES |
| ✅ Trading Assets | Forex major pairs, Forex minor pairs, Forex exotic pairs, Indices, Commodities, Shares, ETFs, Cryptocurrencies, Options |
| ✔️ Kenyan KES-based Account? | No |
| 💰 KES Deposits Allowed? | No |
| 💵 Kenyan shilling Deposits Allowed? | No, only USD, GBP, EUR, and AUD |
| ✔️ KES Deposits Allowed? | No |
| 📉 Minimum spread | From 0.8 pips |
| ✔️ Demo Account | Yes |
| ☪️ Islamic Account | Yes |
| ✔️ Pros | ❌ Cons |
| Plus500 has subsidiaries in several regions, each well-regulated by prominent market regulators | There are inactivity and currency conversion fees |
| Commission-free trading is offered | The guaranteed stops are available at an additional charge |
| There are no deposit or withdrawal fees charged | There are restrictions on retail traders from some regions |
| There is a range of markets offered, with over 2,000 financial instruments | Restrictions on the maximum leverage |
| There is prompt and helpful 24/7 customer support available | Kenyans are not provided with a KES-denominated account and KES deposits/withdrawals are not supported |
| There are trading guides offered to beginners | There are limitations to the trading strategies that Kenyans can use |
| Advanced Kenyan traders can expect innovative products, market news, and insights | |
| Client fund security can be guaranteed |
Trust Score and Kenyan Market Share
🥇 Plus500 has a very high trust score of 99% and a market share of < 5% in Kenya.
How to choose a Volatility 75 Index Forex Broker 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 Volatility 75-Index Forex Brokers in Kenya
Best MetaTrader 4 / MT4 Forex Broker in Kenya
👉 Overall, FP Markets is the best MetaTrader 4 /MT4 forex broker in Kenya. It is well-regulated in several jurisdictions and emphasizes client security. FP Markets stands out for its raw and tight spreads in its ECN pricing structure.
Best Volatility 75-Index MetaTrader 5 / MT5 Forex Broker in Kenya
👉 Overall, AvaTrade is the best Volatility 75-index MetaTrader / MT5 forex broker in Kenya. It offers competitive trading conditions and has Islamic and demo account options. It is a reputable broker which has garnered several trading awards since its inception.
Best Volatility 75-Index Forex Broker for Beginners in Kenya
👉 Overall, IG is the best Volatility 75-index forex broker for beginners in Kenya. While beginners are granted access to the IG Academy, more advanced traders can choose between a wide array of sophisticated trading tools. IG has one of the highest trust scores in Kenya.
Best Minimum Deposit Forex Broker in Kenya
👉 Overall, Alpari is the best minimum deposit forex broker in Kenya. Alpari has a longstanding global presence. It offers local deposit and withdrawal options to Kenyans and allows deposits in KES. Alpari also provides its own proprietary mobile app.
Best ECN Forex Broker in Kenya
👉 Overall, easyMarkets is the best ECN forex broker in Kenya. It offers a wide range of educational tools and powerful trading software. There is no fee for deposits and withdrawals and no commission on trading. Free guaranteed stops are accessible to Kenyan traders.
Best Islamic / Swap-Free Forex Broker in Kenya
👉 Overall, FBS is the best Islamic / swap-free forex broker in Kenya. FBS offers 24/7 customer support and a very broad range of educational tools. Bonuses and promotions are offered to Kenyan traders, and the company ensures client fund security.
Best Forex Trading App in Kenya
👉 Overall, FXTM has the best forex trading app in Kenya. Quick local funding options are offered to Kenyan traders, and FXTM has more than 250 tradable instruments. The company offers tight spreads, low minimum deposits, and advanced trading tools.
Best Volatility 75-Index KES Trading Account Forex Broker in Kenya
👉 Overall, Pepperstone is the best Volatility 75-index KES trading account forex broker in Kenya. It is one of the leading Kenyan CFD and forex brokers, with high client fund and investor protection. Pepperstone provides social trading opportunities and an affiliate program.
Best Lowest Spread Forex Broker in Kenya
👉 Overall, Tickmill is the best lowest spread forex broker in Kenya. It allows scalping and hedging trading strategies, with algorithmic trading and auto trading. There are no fees for deposits and withdrawals, and Tickmill offers flexible funding options.
Best Volatility 75-Index Nasdaq 100 Forex Broker in Kenya
👉 Overall, eToro is the best Volatility 75-index Nasdaq 100 forex broker in Kenya. eToro has unique and dynamic trading capabilities, with a user-friendly trading platform that can be used on the web and mobile devices. It also offers commission-free trades.
Best Volatility 75 / VIX 75 Forex Broker in Kenya
👉 Overall, IC Markets is the best Volatility 75 / VIX 75 forex broker in Kenya. IC Markets offers Kenyan traders institutional grade liquidity and allows hedging, scalping, and other ECN trading strategies. Kenyan traders can use the FIX API connection with the provided cTrader.
Best Volatility 75-Index NDD Forex Broker in Kenya
👉 Overall, HF Markets is the best Volatility 75-index NDD forex broker in Kenya. It offers Kenyans a good range of educational material and a choice between several account types. It has ultra-low minimum deposits and offers an affiliate program.
Best STP Forex Broker in Kenya
👉 Overall, Axiory is the best STP forex broker in Kenya. Axiory is regulated in several jurisdictions and investors are protected by the Financial Commission. With client funds kept segregated in top-tier banks, Kenyan traders are given competitive trading conditions across all account types.
Best Sign Up Bonus Forex Broker in Kenya
👉 Overall, RoboForex is the best sign-up bonus forex broker in Kenya. RoboForex has an ultra-low minimum deposit with several account types on offer. The company is an award-winning forex broker in Kenya and has Verify My Trade.
Understanding how low Volatility 75-index forex trading works
👉 Although there are relatively few forex brokers who offer access to the Volatility 75 index, this index is very efficient in tracking volatility trends in the forex market.
👉 The Volatility 75 index works by projecting 30-day expectations for market volatility on the basis of S&P 500 price changes. The degree of volatility itself is seen as an indicator of forex market sentiment, especially trader fear and market complacency.
👉 Traders use this index to gauge levels of anxiety, stress, or complacency in the forex trading environment, and this gauge of market sentiment is helpful in making appropriate trading choices.
👉 In general, Volatility 75 (or VIX) values higher than 30 are taken to mean high volatility in periods of market uncertainty. Values lower than 20 represent relatively flat, complacent market conditions.
👉 First introduced in 1993, the Volatility 75 index is now a globally recognized instrument for measuring market sentiment and the market movements associated with levels of fear, stress, or complacency apparent in the index.
Advantages of Volatility 75-index forex trading
➡️ The Volatility 75 index gauges market sentiment both at present and for the coming 30-day period
➡️ Measurements of investor fear, confidence, or complacency can aid forex traders in making informed trading decisions
➡️ By indicating stable market conditions, or otherwise, traders can avoid dangerous swings in the market.
Disadvantages of Volatility 75-index forex trading
➡️ Not many forex brokers offer the Volatility 75 index in Kenya
➡️ The Volatility 75 index can lead to bad forex trading decisions in inexperienced hands
Conclusion
👉 Overall, the Volatility 75-index is a useful instrument for gauging market sentiment. Forex brokers in Kenya who offer the Volatility 75 index are doing their more experienced traders a very good service. The ability to analyze market fear or stability helps to make informed trading decisions.
FAQs
When can I trade Volatility 75?
The most advantageous time to trade Volatility 75 is when prices are influenced by indicative levels found either in the market or in the index.
Is VIX the same as Volatility 75?
Yes, VIX is another term for the Volatility 75 index.
What is the Volatility 75 index?
The Volatility 75 index is an instrument for gauging and projecting market sentiment based on the S&P 500.
What causes the Volatility 75 index to rise?
The Volatility 75 index rises on the basis of an increase in demand for ‘puts’. An increase in demand places pressure on prices when it drastically outstrips supply.
What do Volatility 75 levels indicate?
Volatility 75 levels indicate degrees of negative or positive market sentiment. Also known as the ‘fear gauge’, the index gives warning of increased volatility in forex and other markets.
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.
