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How to Buy East African Breweries Shares in Kenya

How to Buy East African Breweries Shares in Kenya revealed. We tested and verified the best way to buy East African Breweries Stock in Kenya.

This is a complete guide on how to buy East African Breweries Stock in Kenya. 

In this in-depth guide you’ll learn:

  • What are the East African Breweries Share?
  • What is the benefit of buying East African Breweries Stock for Kenyan Traders?
  • Find out if East African Breweries stock is a good investment for Kenyans?
  • How to Purchase East African Breweries Stock in Kenya? 
  • How to buy East African Breweries Shares for beginner traders step by step?
  • Which broker can you use to buy East African Breweries Stock?
  • Which broker offers a signup bonus for first-time traders? 
  • Which brokers offer a $5 (592 KES) minimum deposit for investing in Kakuzi Limited Stock?
  • How many East African Breweries Stock should you buy?


And lots more…

So if you’re ready to go “all in” with the East African Breweries Shares for Kenyans…

Let’s dive right in…

Updated : September 25, 2022

What are East African Breweries?

👉 East African Breweries Limited (EABL) is a holding company established in Kenya that makes alcoholic and non-alcoholic branded drinks. EABL is engaged in the marketing, brewing, production, and sale of beverages, glass containers, malt, and barley, together with its affiliate firms.

1. Step 1 – Choose a reputable brokerage in Kenya

Step 1 – Choose a reputable brokerage in Kenya

👉 You will need to open an account with a stockbroker before you can begin trading EABL shares on the NSE. However, before this step, Kenyans must register a Central Deposit and Settlement (CDS) account.

 

👉 This can be done directly via the Central Bank of Kenya, or if your broker offers this service, you can open it through them if they are an investment bank, commercial bank, investment advisor, or an NSE-listed stockbroker.

 

👉 It does not cost anything to register a CDS account when you register through the CBK and as an individual Kenyan investor, you can choose whether to open it as an individual or jointly.

2. Step 2 – Carry out fundamental analysis on EABL Shares

Step 2 – Carry out fundamental analysis on EABL Shares

👉 Before you can start purchasing shares in East African Breweries, you must carry out a fundamental analysis. You can carry out a financial Analysis on East African Breweries by looking at these key metrics of the company:

➡️ Understand East African Breweries and its operations in Kenya.

➡️ Study East African Breweries’ financial reports.

➡️ Check East African Breweries’ debt.

➡️ Find competitors of East African Breweries and see whether it performs better.

➡️ Analyse East African Breweries’ prospects.

➡️ Review all aspects of East African Breweries frequently.

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3. Step 3 – Decide on your investment or trading horizon

Step 3 – Decide on your investment or trading horizon

👉 Like any investment, you must choose a time horizon and trading style when you purchase EABL shares. You can either purchase and hold shares hoping that they will appreciate or gain dividends, or you can trade shares like other financial instruments.

4. Step 4 – Purchase your first EABL Shares

Step 4 – Purchase your first EABL Shares

👉 Once you understand what share investment in the Kenyan shares market entails, and you have registered and funded your brokerage account, you can decide how many shares to buy and make your first purchase.

5. Step 5 – Monitor the ongoing performance of EABL shares

Step 5 – Monitor the ongoing performance of EABL shares

👉 If you have a medium- to long-term investment horizon, it does not mean that you can forget about it completely. You must remember to monitor the ongoing performance of East African Breweries and EABL shares overall.

 

👉 In addition, to ensure that you are protected from risks that can arise from investment, make sure that you have a diversified portfolio that contains shares from companies other than East African Breweries.

East African Breweries shares Overview for Kenya

East African Breweries shares Overview for Kenya

👉 East African Breweries Limited, sometimes known as EABL, is a holding company established in Kenya that produces branded beer, spirits, and non-alcoholic drinks.

 

👉 East African Breweries Limited was founded in 1922 as Kenya Breweries Limited (KBL) by two European pioneers, George, and Charles Hurst. The Dodd family of Kenya owned the business, and in 1954, EABL was listed on the Nairobi Securities Exchange.

 

👉 This was one of the first listings on the oldest stock market in the area. Uganda Breweries was acquired by EABL in 1959, allowing the company to expand to Uganda.

 

👉 In 2001, the group’s share was cross listed on the Uganda Securities Exchange, after it acquired majority control of EABL in 2000. During the late 1990s and early 2000s, South African Breweries International (now SABMiller) and EABL engaged in a beer war in East Africa.

 

👉 In the same year, EABL bought 100% of International Distillers Uganda Limited’s issued shares and 46.32% of UDV Kenya Limited’s issued shares.

 

👉 These hostilities ended in 2002 when EABL inked licensing agreements with South African Breweries International and agreed to conditions for a share exchange in their subsidiaries, Kenya Breweries Limited and Tanzania Breweries Limited (now a SABI subsidiary).

👉 Tusker is the flagship brand of Kenya Breweries, accounting for over 30% of the Kenyan beer industry and annual sales of over 700,000 hectolitres. Tusker is also the most popular African beer brand inside the Diageo family.

 

👉 East African Breweries is one of the 65 companies currently listed on the Nairobi Securities Exchange (NSE) in Kenya. East African Breweries is listed on the New York Stock Exchange under the name “EABL.”

 

👉 With a market value of KES 123 billion or around 5.67% of the Nairobi Securities Exchange equity market, East African Breweries Limited is now the fourth most valuable company on the NSE.

Pros and Cons of Buying East African Breweries shares in 2022

Pros and Cons of Buying East African Breweries shares in 2022

Pros of Buying East African Breweries shares in 2022

➡️ Over the last three months, East African Breweries has been less volatile than 75% of Kenyan equities, fluctuating by 0% weekly.

➡️ Weekly volatility for East African Breweries has been constant at 0% over the last 12 months.

➡️ Based on its Price-to-Earnings Ratio (13.1x) in comparison to the peer average of 14.2x, East African Breweries is a solid investment.

➡️ Based on its Price-To-Earnings Ratio (13.1x) in comparison to the 17.5x average for the African Beverage business, East African Breweries is an excellent bargain.

➡️ Trading for East African Breweries (KES155) is below what analysts believe is its true value (KES201.46).

➡️ East African Breweries is now selling more than 20% below fair value.

➡️ Analysts are in a statistically confident range of agreement, and the target price is more than 20% higher than the current share price.

➡️ The anticipated profits increase (18.2% annually) for East African Breweries is higher than the savings rate of 12.5%.

➡️ Earnings at East African Breweries are anticipated to increase by 18.2% annually, outpacing the Kenyan market, with an average of 10.5% per year.

➡️ In three years, East African Breweries’ Return on Equity of 57.9% is anticipated to be quite high.

➡️ East African Breweries earns quite well, and the present net profit margins of East African Breweries (9.6%) are better than those of the previous year, which were 0.9%.

➡️ East African Breweries’ annual revenue increase exceeded its five-year average of -8.7% yearly by 1,289.2%.

➡️ The rise of East African Breweries’ earnings over the previous year by 1,289.2% outpaced that of the beverage sector at an average of 45.1%.

➡️ Over the last five years, the debt-to-equity ratio of East African Breweries has decreased from 192.1% to 172.9%.

➡️ Operating cash flow (31.2%) is sufficient to service the debt of East African Breweries.

➡️ EBIT more than covers East African Breweries’ interest payments on its debt at 5.8x coverage.

➡️ The directors of East African Breweries are regarded as knowledgeable with 3.5 years average tenure.

➡️ In the previous year, shareholders have not seen any significant dilution.

 

Cons of Buying East African Breweries shares in 2022

➡️ Earnings at East African Breweries are anticipated to increase, although not dramatically.

➡️ Revenue at East African Breweries is anticipated to fall by -0.6% annually during the next three years.

➡️ Over the last five years, East African Breweries’ revenues have decreased by 8.7% annually.

➡️ Despite East African Breweries’ amazing Return on Equity of 48.53%, this measure is distorted because of their large debt load.

➡️ Short-term assets of KES38.9 billion do not equal short-term liabilities of KES44.6 billion for East African Breweries.

➡️ The KES38.9 billion in short-term assets of East African Breweries do not equal the KES40.8 billion in long-term liabilities.

➡️ The net debt to equity ratio of 141.3% for East African Breweries is regarded as excessive.

➡️ The dividend paid by East African Breweries, at 4.84%, is not impressive when compared to the average dividend paid by the lowest 25% of Kenyan companies, which is 5.41%.

➡️ In comparison to the top 25% of dividend payers in the Kenyan market, who pay out an average of 9.9%, East African Breweries’ pay-out of 4.84% is low.

➡️ Over the previous ten years, dividend payments from East African Breweries have decreased.

➡️ Dividend payments from East African Breweries have fluctuated over the previous ten years.

➡️ Although East African Breweries does not generate any free cash flow, it pays a dividend.

➡️ The management staff of East African Breweries is thought to be inexperienced (1.5 years on average), which points to a new group.

Should Traders in Kenya invest in East African Breweries shares in 2022?

Should Traders in Kenya invest in East African Breweries shares in 2022?

👉 According to its fundamental analysis, East African Breweries can be a sound investment for traders who want to profit from the appreciation of the share, but not for those who wish to earn dividends.

 

👉 While there are some concerning areas in its fundamentals, East African Breweries has performed well in 2021/2022 and is forecasted to continue improving in all areas of operation, which will contribute to the company’s growth, benefiting its shareholders.

 

Financial Performance of East African Breweries

➡️ East African Breweries credited the 23% rise to brand-related investments and innovative market entry strategies in response to changes in consumer behaviour.

➡️ In addition, despite the lack of confidence about the region’s future market dynamics, EABL has recorded a 51% rise in the purchase of physical assets to support future development.

➡️ In Uganda, which at that time had stricter Covid-19 limits than Tanzania, EABL saw a bigger sales improvement.

➡️ East African Breweries Limited (EABL), spurred by sales growth in Kenya, generated $76.6 million in its half-profit to December of last year, up from $33.11 million booked in a comparable period in 2020.

➡️ EABL Kenya’s net sales increased by 27%, outpacing Tanzania’s and Uganda’s respective sales growth rates of 18% and 15%.

➡️ The Group’s profit after taxes increased to $76.6 million because of increased net sales, expanded margins, strict cost control, and the reopening of bars in Kenya in the second quarter of 2021.

➡️ Total revenues increased by $23.20 million, or 47%, over the same time last year to $479.72 million.

 

Highlights of East African Breweries in 2021/2022

➡️ Analysts presently forecast incredibly significant profit growth over the next years.

➡️ The firm has significant margins before depreciation, amortization, and taxes because of its comparatively high EBITDA/Sales ratio.

➡️ Given the cash flows produced by the company’s operations, its value is modest.

➡️ Investors looking for a stock with a high dividend yield will be particularly interested in this firm.

➡️ Analysts have consistently increased their sales projections for the firm over the previous year.

➡️ Analysts have been steadily raising their EPS projection for the next fiscal year over the last twelve months.

➡️ Analysts are optimistic about this stock. The stock should be purchased or overweighted, according to the average consensus.

➡️ The average target price set by analysts who cover the company is higher than current pricing and has a significant potential for gain.

➡️ The revenue prediction for 2022 climbed from KSh92.1b to KSh95.0b, while the consensus expectation for earnings per share (EPS) in 2022 has improved.

➡️ The estimated earnings per share grew from KSh9.31 to KSh10.86, and net income is expected to expand 106% next year compared to the predicted growth of 46% for Kenya’s beverage sector.

➡️ The performance of EABL for the six months ending December 31, 2021, shows a significant rebound from the effects of the Covid-19 epidemic that afflicted the previous two fiscal years.

Best Brokers for Trading Shares CFDs in Kenya

Markets.com

Overall Rating

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

👉 Global brokerage company Markets.com has customers from all over the globe. Offering more than 2,200 trading assets, it is one of the biggest Forex and CFD providers.

 

👉 Markets.com provides one primary account type and a demo account, both of which are optimized for your trading ability. The procedure of creating an account is simple, and the range of services you may access depends on your degree of knowledge.

 

👉 Markets.com offers several benefits. Markets.com is one of the best trading brokers available because of its simple account opening process, user-friendly interfaces, and extensive selection of trading tools and products.

 

👉 Clients with all degrees of trading expertise may benefit from the broker’s service since it includes instructional resources and professional financial analysis.

 

Trade Nation

Overall Rating

Min Deposit

USD 0 / 0 KES

Regulators

Trading Desk

Crypto

Yes

Total Pairs

33

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

on Tradenation’s website

👉 A multi-regulated broker called Trade Nation provides a novel method of online trading. They provide you access to a straightforward trading platform that makes it easy for you to have convenient market access.

 

👉 Trade Nation, an online retail broker with its headquarters in the UK, enables you to buy and sell a variety of financial products utilizing both a proprietary trading platform and the well-known MetaTrader 4 platform.

 

👉 Kenyans can easily gain access to the Trade Nation trading platform, a custom platform that serves as an easy-to-use entry point to the financial markets. The platform aids in helping you focus on the things that matter so you may reach your full potential.

 

👉 The Trade Nation platform’s ability to provide flexible charting functions via a stylish user interface particularly appeals to me.

 

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

👉 AvaTrade is a broker that is regulated in the European Union, Japan, Australia, South Africa, and the British Virgin Islands. This implies that they must adhere to stringent regulatory compliance regulations.

 

👉 AvaOptions has expert risk management tools, portfolio simulations, and much more. You may trade calls and options that are triggered by a predetermined premium level, providing you more control over trade entrance and exit.

 

👉 The AvaTrade worldwide Economic Calendar consists of recurring financial events that have an impact on the financial markets.

 

👉 AvaTrade provides current fundamental and technical market research that keeps you abreast of the latest market developments and enables you to make informed trading decisions.

 

GO Markets

Overall Rating

Min Deposit

USD 200 / 23120 KES

Regulators

ASIC, CySec, FSC, FSA and SCA

Trading Desk

Hybrid

Crypto

Yes

Total Pairs

60

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 GO Markets provides traders with a variety of trading platform access choices, including the updated and sophisticated MetaTrader 5. Myfxbook, a social trading tool included in GO Markets’ service, provides Kenyans with limitless trading alternatives.

 

👉 GO Markets provides excellent research via reputable third-party solutions, each of which has unique capabilities. This strategy frees up resources and enables GO Markets to concentrate on its primary business while providing customers with built-in research capabilities for their platforms.

 

👉 Specifically, you will get access to Trading Central’s technical analysis and AutoChartist’s pattern identification for real-time insights. A-QUANT, an AI-powered trading platform, is devoted to evaluating several markets and generating trading signals based on machine learning prediction algorithms.

 

Exness

Overall Rating

Min Deposit

USD 10 / 1156 KES

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

on Exness’s website

👉 Exness may be a fantastic option if you are searching for a forex and CFD broker. The broker provides a trial account and free MetaTrader 4 and MetaTrader 5 downloads.

 

👉 A benefit for Kenyan traders is that the mobile versions provide all desktop capabilities, such as customisable charts and analytic tools. Additionally, you can access and manage positions from your phone, which means you can trade from anywhere in the world.

 

👉 If you are a professional trader searching for a quick and simple method to trade on the Forex market, Exness offers the account for you.

 

👉 The company’s accounts are ideal for algorithmic, day, and scalping traders because of the zero or ultra-low spreads, large leverage, and unlimited deposits and withdrawals.

 

Broker Comparison

🥇 Markets.com🥇 Trade Nation🥇 AvaTrade🥇 GO Markets🥇 Exness
⚖️ RegulationASIC, CySEC, FSCA, FCA, BVI FSCFCA, ASIC, FSCA, SCBBVI FSC, ISA, KNF, IIROC, ASIC, FSCA, JFSA, FFAJ, CBI, ADGM, CySECASIC, FSA Seychelles, FSC Mauritius, CySECFSA, CBCS, FSC, FSC BVI, FSCA, CySEC, FCA
💻 Trading Platform• MarketsX
• MetaTrader 4
• MetaTrader 5
• MetaTrader 4
• Trade Nation
• AvaTradeGO
• AvaOptions
• AvaSocial
• MetaTrader 4
• MetaTrader 5
• DupliTrade
• ZuluTrade
• MetaTrader 4
• MetaTrader 5
• MetaTrader 4
• MetaTrader 5
• Exness App
• Exness Terminal
💰 Withdrawal FeeNoNoNoNoNo
📱 Demo AccountYesYesYesYesYes
💵 Min Deposit1,100 KES0 KES11,500 KES16,500 KES110 KES
📊 Leverage• 1:300• 1:30
• 1:200
• 1:30 (Retail)
• 1:400 (Pro)
• Up to 1:500• Unlimited
📈 SpreadFrom 0.6 pipsFixed, from 0.4 pipsFixed, from 0.9 pipsFrom 0.0 pipsVariable, from 0.0 pips
💸 CommissionsSpread onlyNoneNoneFrom US$2.50From $0.1 per side, per lot
📞 Margin Call/Stop-Out• 50%/20%• 100%/50%• 25% – 50%
• 10%
• 80%/50%• 60%/0%
📲 Order ExecutionInstant, MarketInstant, MarketInstantInstantMarket
💵 No-Deposit BonusNoNoNoNoNo
💰 Cent AccountsNoNoNoNoYes
💻 Account Types• MarketsX AccountHigh leverage
• Low Leverage
• Standard Live Account
• Professional Account Option
• Standard Account
• GO+ Account
• Standard Account
• Standard Cent Account
• Raw Spread Account
• Zero Account
• Pro Account
⚖️ CMA RegulationNoNoNoNoNo
✔️ KES DepositsNoNoNoNoYes
✔️ KES AccountNoNoNoNoNo
🗣 Customer Service Hours24/524/524/524/524/7
🛍 Retail Investor Accounts22125
☪️ Islamic AccountYesNoYesNoYes

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Best Mobile Apps to buy US Shares in Kenya

Acorns

Acorns

👉 Acorns is an app for minors and young adults who seek to begin investing with a tiny sum that will develop into a substantial portfolio over time.

 

👉 Thus, the company’s name is Acorns, and its objective is to grow from an acorn into a magnificent oak tree. The service does not charge a fee to execute transactions on your behalf, but an account fee is assessed based on the services you choose for your account.

 

👉 Currently, the program has two subscription options: Acorns Personal for $3/month and Acorns Family for $5/month.

 

👉 These subscriptions provide a variety of items that are well-suited to the objectives of young people, and their all-in-one platform positions the service as one of the best money apps for children (Acorns Family).

 

eToro

Overall Rating

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.

👉 Kenyans have access to 17 worldwide markets and over 3,500 tradable assets via the eToro app, including equities, CFDs, ETFs, and several more. In addition, you get access to commission-free ETF and stock trading, enhancing your long-term investment expertise.

 

👉 eToro continues to be one of the greatest stock market applications for Android and iPhone users, as over 23.2 million traders make use of the platform’s unique features.

 

Stash

Stash

👉 Stash is a strong candidate for the best stock trading app in terms of trading strategy options. Stash is designed to make investing in the stock market simple for novices. The company offers consumers an option between do-it-yourself (DIY) investment and automated investing with Robo-portfolio advisors.

 

👉 Regarding costs, Stash charges $3 for automatic investment management and $1 to $9 every month. The investing cost ratio for smart portfolios is 0.06% and 1% for quick transfers.

 

TD Ameritrade

Overall Rating

Min Deposit

$0 / 0 KES

Regulators

SEC, FINRA, CFTC, MAS

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 TD Ameritrade offers an array of superior services for novice and experienced investors. The TD stock app includes comprehensive capabilities that enable users to monitor their assets and trade on the go.

 

👉 Additionally, experienced traders can use the Thinkorswim smartphone application for a more complex trading experience. The Thinkorswim app includes real-time price updates and a screener for stocks.

The Best Shares Brokers in Kenya

👉 This article includes a list of the top Forex brokers in Kenya that can facilitate share trading for Kenyan traders.

 

👉 We have further determined which forex brokers provide additional services and solutions to traders, and we have listed them below.

 

Best MetaTrader4/MT4 Shares Trading Broker in Kenya

Overall Rating

Min Deposit

USD 0 / 0 KES

Regulators

FSCA

Trading Desk

Crypto

Yes

Total Pairs

33

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

on Tradenation’s website

👉 Overall, Trade Nation is the best MT4 shares trading broker in Kenya. Trade Nation offers its proprietary platform along with MT4, allowing traders access to a decent range of tradable instruments.

 

👉 Trade Nation offers beginner Kenyan traders a range of learning resources while experts can access advanced tools including Smart News and Trading Signals.

 

Best MetaTrader 5 / MT5 Shares Trading Broker in Kenya

Overall Rating

Min Deposit

USD 200 / 23120 KES

Regulators

ASIC, CySec, FSC, FSA and SCA

Trading Desk

Hybrid

Crypto

Yes

Total Pairs

60

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, GO Markets is the best MetaTrader 5 / MT5 shares trading broker in Kenya. GO Markets offers more than 600 tradable instruments that can be traded. Kenyans can also expect deep liquidity that is aggregated from more than 20 providers.

 

👉 GO Markets offers two dynamic account types and supports micro-lot trading from 0.01 lots. GO Plus+ offers interbank quotes with spreads from 0 pips and a competitive commission of $3 per side per standard lot.

 

Best Shares Trading Broker for beginners in Kenya

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

on Avatrade’s website

👉 Overall, AvaTrade is the best shares trading broker for beginners in Kenya. AvaTrade offers a wealth of free educational resources to assist traders to expand their skills.

 

👉 The training material covers a vast array of trading issues, including money management, trading platforms, trading tactics, technical and fundamental analysis, and various markets.

 

Best Low Minimum Deposit Shares Trading Broker in Kenya

Overall Rating

Min Deposit

USD 10 / 1156 KES

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA

Trading Desk

MetaTrader 4 and MetaTrader 5

Crypto

Yes

Total Pairs

107

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

on Exness’s website

👉 Overall, Exness is the best Low Minimum Deposit shares trading broker in Kenya. When Kenyans register an entry-level account with Exness they need to put down a minimum deposit of 1,100 KES / 10 USD.

 

👉 Exness has extremely competitive spreads from 0.0 pips on instruments such as EUR/USD and offers several asset classes with 278 tradable instruments. Exness is a proud MetaTrader-only broker that offers comprehensive mobile trading to Kenyans.

 

Best ECN Shares Trading Broker in Kenya

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

👉 Overall, Pepperstone is the best ECN shares trading broker in Kenya. Pepperstone is renowned for its competitive pricing and range of payment methods for deposits and withdrawals.

 

👉 Kenyans can easily choose a retail account that suits their objectives and start trading major instruments from 0.0 pips.

 

Best Islamic / Swap-Free Shares Trading Broker in Kenya

Overall Rating

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 shares, trading broker. The process involved in registering an Islamic Account with FXTM is straightforward. Muslim traders can register a live account and simply select the “enable swap-free mode”.

 

👉 Muslim traders can easily start trading a range of assets with halal trading conditions and reliable trade execution speeds.

 

Best Shares Trading App in Kenya

Overall Rating

Min Deposit

$0 / 0 KES

Regulators

SEC, FINRA, CFTC, MAS

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, TD Ameritrade has the best shares trading app in Kenya. TD Ameritrade offers thinkorswim as its proprietary app that caters to all types of traders. The app is comprehensive and includes real-time updates on market prices and a specific screener for shares.

 

Best Lowest Spread Shares Trading Broker in Kenya

Overall Rating

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

on IG Group’s website

👉 Overall, IG is the best lowest spread shares trading broker in Kenya. IG’s spreads start from 0.1 pips DMA and offer Kenyans 19,000 instruments that can be traded through several account types. IG is one of the best brokers for beginners who want access to all possible CFD markets.

 

Best Kenyan Shilling Trading Account Shares Trading Broker in Kenya

Overall Rating

Min Deposit

USD 1 / 116 KES

Regulators

IFSC

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

300

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, SuperForex is the best Kenyan Shilling Account shares trading broker in Kenya. With a KES-denominated account, access to 11 different retail accounts, and access to 400 different instruments, Kenyans of all skill levels will find what they need to build a solid share portfolio.

 

Best Nasdaq 100 Shares Trading Broker in Kenya

Overall Rating

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

on Plus500’s website

👉 Overall, Plus500 is the best Nasdaq 100 shares trading broker in Kenya. Plus500 is a CFD broker that provides over 2,000 CFDs to Kenyan traders. Kenyans can expect access to major indices such as NYSE, NASDAQ, and several others.

 

👉 Kenyans also have the option to trade Index CFDs or to trade the shares listed on these popular indexes.

 

Best Volatility 75 / VIX 75 Shares Trading Broker in Kenya

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

on HFM (Formerly Known as Hotforex)’s website

👉 Overall, HF Markets is the best Volatility 75 / VIX 75 shares trading broker in Kenya. HF Markets has a large market share in Kenya and is regulated and licensed by the CMA, which instils trust in this brand. Kenyan traders can trade over 1,000 instruments including VIX 75.

 

👉 HF Markets is known for its competitive trading conditions and Kenyans can expect spreads from 0.14 pips on the Volatility 75 index across accounts.

 

Best NDD Shares Trading Broker in Kenya

Overall Rating

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 shares trading broker in Kenya. Markets.com operates an STP and ECN NDD model, giving Kenyans access to some of the most sophisticated trading tools at no additional cost.

 

👉 Markets.com has low commission fees and reliable trade executions, with the best pricing sourced from liquidity providers.

 

Best STP Shares Trading Broker in Kenya

Overall Rating

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

👉 Overall, IC Markets is the best STP shares trading broker for traders in Kenya. IC Markets is one of the trusted STP and ECN brokers that offers more than 3,000 instruments with competitive spreads. Kenyans can expect average spreads of 0.0 on major currency pairs.

 

Best Sign-Up Bonus Shares Trading Broker in Kenya

Overall Rating

Min Deposit

USD 10 / 1156

Regulators

IFSC

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

32

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, RoboForex is the best shares trading sign-up bonus broker in Kenya. RoboForex offers an attractive welcome bonus under its IFSC regulations. When traders register an account, they can get a $30 bonus to use towards trading.

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🛡️ Trust Score

97%

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RECOMMENDED JSE BROKER

🛡️ Trust Score

97%

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FAQ

Where are East African Breweries located?

East African Breweries is based in Nairobi, Kenya.

 

Who owns EABL?

Diageo Plc owns East African Breweries and operates in 180 countries.

 

Who are the 3 subsidiaries of EABL?

East African Breweries has more than 3 subsidiaries, including Kenya Breweries Limited, Uganda Breweries Limited, East African Breweries (Mauritius) Limited, and a few others.

 

Is EABL listed?

Yes, East African Breweries has been publicly traded on the Nairobi Securities Exchange since 1954.

 

Who is the CEO of EABL?

Andrew Cowan has been the CEO of EABL since 2016.

9.6/10 - (27 votes)

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