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10 Best Shares to Buy in Kenya

The 10 Best Shares To Buy in Kenya revealed. We tested and verified the best shares to buy for Kenyan Traders.

This is a complete list of shares to buy in Kenya.

In this in-depth guide you’ll learn:

  • What are shares?
  • What are the basics of share trading? 
  • The advantages of buying shares for Nigerians.
  • When are the best time to buy shares?
  • Which stocks has the highest paying dividends?
  • Which stocks are undervalued in Kenya?
  • What are the top 10 tested and verified shares to buy in Kenya? 
  • Who the best Kenyan Share brokers are in 2022? 


And lots more…

So if you’re ready to go “all in” with the best shares to buy for Kenyans…

Let’s dive right in…

Updated : August 31, 2022

1. Safaricom Plc (NSE: SCOM)

Safaricom Plc

👉 The Kenyan corporation Safaricom Plc offers mobile phone, Internet, M-PESA, and text messaging services. Safaricom provides several messaging services, including video messaging and SMS-based marketing, at a variety of price points for both prepaid and post-paid customers.

 

👉 The firm’s fixed and mobile broadband provide users with lightning-fast data connections for checking email, surfing the web, and staying connected with the office. Safaricom has a dealer network of around 2,700 stores where its goods and services can be purchased.

 

👉 With a market value of KES 1.16 trillion or around 54.7% of the whole Nairobi Securities Exchange equities market, Safaricom Plc is currently the most valuable company on the NSE.

💰 Growth, Valuation, Trading💻 Information
Share Price29.25 KES
52-Week Range23.00 – 45.25 KES
Market Capitalization1.1 trillion KES
Shares Outstanding40.1 billion
Forward P/E16.67
Earnings Per Share1.74 EPS
Dividend Yield4.80%

2. Equity Group Holdings Limited (NSE: EQTY)

Equity Group Holdings Limited

👉 In Kenya, the biggest economy in the East African Community, Equity Group Holdings Limited (EGHL) was established in October 1984 under the name Equity Building Society (EBS).

 

👉 Equity Bank was both a regulated bank and a holding company for its subsidiaries until November 2014.

 

👉 Equity Bank Group stated on October 31 that it will establish Equity Bank Kenya Limited as a fully owned subsidiary and transfer its banking operations, assets, and liabilities in Kenya to the new company.

 

👉 Formerly known as Equity Bank Limited, Equity Group Holdings Limited (EGHL) is a commercial bank established in Kenya that provides retail banking, microfinancing, and other financial services to consumers and small and medium-sized businesses.

 

👉 The banking consortium serves clients in Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of the Congo, and provides trade financing services such as letters of credit and invoice discounting.

 

👉 Equity Group’s consumers, SMEs, and corporate divisions all deal directly with the company’s end users. When it comes to financial services, EGHL is by far the biggest company in East and Central Africa.

 

👉 It has assets of more than KSh 1.119 trillion (US$10.1 billion) as of August 2021. KSh790.6 billion (US$7.61 billion) in deposits were held by the organization from over 14 million clients in six African Great Lakes nations.

 

👉 With a market value of KES 170 billion or around 7.99% of the Nairobi Securities Exchange equity market, Equity Group Holdings Limited is the second most valuable stock on the NSE currently.

💰 Growth, Valuation, Trading💻 Information
Share Price45.00 KES
52-Week Range38.75 – 55.00 KES
Market Capitalization170 billion KES
Shares Outstanding3.77 billion
Forward P/E4.34
Earnings Per Share10.38 KES
Dividend Yield6.74%

3. KCB Group Limited (NSE: KCB)

KCB Group Limited

👉 Kenya Commercial Bank Limited’s origins stretch back to July 1896, when its predecessor, the National Bank of India (NBI), established a branch in Mombasa to service the port’s burgeoning business. KCB had the dual role of licensed bank and holding company for its affiliates before 2015.

 

👉 To comply with the Kenya Finance Act No. 57 of 2012, KCB Group started in April 2015 that it will establish KCB Bank Kenya Limited as a wholly-owned subsidiary and transfer all its Kenyan banking activities, assets, and liabilities to the new company.

 

👉 By restructuring its holdings, KCB Group is now a non-trading holding company with banking and non-banking subsidiaries.

 

👉 When KCB Group Limited merged with other companies to establish KCB Group Plc, a new financial institution was born. The Bank operates in a few different regions of the nation, serving both businesses and consumers with banking and Bancassurance products.

 

👉 It serves both commercial and individual clients. Retail banking, corporate banking, Mortgages, and Treasury are its sub-divisions.

 

👉 With a market value of KES 124 billion or around 5.82% of the Nairobi Securities Exchange equity market, KCB Group Limited is the third most valuable company on the NSE currently.

💰 Growth, Valuation, Trading💻 Information
Share Price38.50 KES
52-Week Range34.00 – 50.75 KES
Market Capitalization124 billion KES
Shares Outstanding3.21 billion
Forward P/E3.62
Earnings Per Share10.64 KES
Dividend Yield7.72%

4. East African Breweries Limited (NSE: EABL)

East African Breweries Limited

👉 Holding business East African Breweries Limited (EABL) produces alcoholic and non-alcoholic drinks under many well-known brands in Kenya.

 

👉 In 1922, European immigrants George and Charles Hurst established East African Breweries Limited (then known as Kenya Breweries Limited, or KBL).

 

👉 The Kenyan Dodd family were the original owners of the business. EABL was first publicly traded in 1954 on the Nairobi Securities Exchange. This was an early listing on the oldest stock market in the area. In 1959, the EABL conglomerate moved into Uganda by purchasing Uganda Breweries.

 

👉 To lessen its dependence on third-party distributors’ logistical arrangements, which resulted in occasional stock-outs, East African Beverages Limited (EABL) launched operations in South Sudan in 2013, opening a depot in Juba under the name East African Beverages South Sudan Limited (EABSS).

 

👉 With a market value of KES 113 billion or around 5.34% of the Nairobi Securities Exchange equity market, East African Breweries Limited is the fourth most valuable company on the NSE currently.

💰 Growth, Valuation, Trading💻 Information
Share Price143.50 KES
52-Week Range110.00 – 188.00 KES
Market Capitalization113 billion KES
Shares Outstanding791 million
Forward P/E26.04
Earnings Per Share5.51 KES
Dividend Yield2.61%

5. Co-Operative Bank of Kenya Limited (NSE: COOP)

Co-Operative Bank of Kenya Limited

👉 Financial services are provided by The Co-operative Bank of Kenya Ltd, a Kenyan institution. The core business of the Company is to provide banking, investing, and asset management services to businesses and consumers throughout Kenya.

 

👉 With approximately 7.5 million client accounts as of December 2018, the bank has a sizable customer base in Kenya thanks to the introduction of the Agency banking model.

 

👉 The London Financial Times recognized the bank as the “Best Bank of Kenya” in 2010 because of its rapid expansion.

 

👉 The bank’s humble beginnings may be traced back to 1966 when it opened its doors as a cooperative association. In 1968, authorization to operate as a financial institution was given.

 

👉 The government of Kenya mandated that all cooperatives move their funds to the Cooperative Bank of Kenya and that all cooperatives purchase shares in the bank. The bank’s first branch, Cooperative Finance Limited, was established in 1977.

 

👉 The institution expanded its product line and became a full-fledged commercial bank in 1989, and the bank went public in 2008, and its shares may be found trading under the ticker “COOP” on the Nairobi Securities Exchange.

 

👉 With a market value of KES 66 billion or around 3.11% of the Nairobi Securities Exchange equity market, Bank of Kenya Limited is the sixth most valuable company on the NSE currently.

💰 Growth, Valuation, Trading💻 Information
Share Price11.25 KES
52-Week Range10.30 – 14.00 KES
Market Capitalization66 billion KES
Shares Outstanding5.87 billion
Forward P/E5.68
Earnings Per Share1.98 KES
Dividend Yield8.89%

6. Absa Bank Kenya Plc (NSE: ABSA)

Absa Bank Kenya Plc

👉 The bank’s origins may be traced back to 1916 when a branch of the then-National Bank of South Africa (now Was National Bank) was first established in Mombasa.

 

👉 In 1925, Barclays Bank was formed when the National Bank of South Africa amalgamated with the Anglo-Egyptian Bank and the Colonial Bank.

 

👉 The current iteration of the bank was chartered in 1978 as Barclays Bank of Kenya, a fully owned subsidiary of Barclays Bank International, although its ancestor bank had been approved in 1953. In 1986, the bank had a successful initial public offering (IPO) on the Nairobi Stock Exchange.

 

👉 To enhance efficiency and raise profits from the African Units, Barclays Plc adopted the unified strategy to operate as “One Bank in Africa” in 2013.

 

👉 This resulted in the development of Barclays Africa Group, which is comprised of all of Barclays Plc’s operations (excluding its Egypt and Zimbabwe subsidiaries) and was accomplished using the Absa Group Limited merger.

 

👉 The JSE is home to the shares of Barclays Africa Group, the parent company of Barclays Bank of Kenya (which owns 68.5% of Absa Bank Kenya Plc).

 

👉 The bank’s operations can be broken down into two categories namely Retail Banking and Business Banking.

 

👉 At the end of 2019, the bank’s assets were over KSh:374.109 billion (US$3.561 billion), while its shareholders’ equity was over KSh:44.079 billion (US$419.654 million).

 

👉 With a market value of KES 56.8 billion or around 2.67% of the Nairobi Securities Exchange equity market, Absa Bank Kenya Plc is the sixth most valuable company on the NSE currently.

💰 Growth, Valuation, Trading💻 Information
Share Price10.45 KES
52-Week Range9.02 – 12.95 KES
Market Capitalization56.8 billion KES
Shares Outstanding5.43 billion
Forward P/E5.23
Earnings Per Share2.00 KES
Dividend Yield10.48%

7. Standard Chartered Bank Kenya Limited (NSE: SCBK)

Standard Chartered Bank Kenya Limited

👉 Standard Chartered Kenya, also known as Stanchart Kenya, formally operates as Standard Chartered Bank Kenya Limited and provides services in the areas of corporate and institutional banking (CIB), commercial banking, and retail banking in Kenya.

 

👉 According to the Central Bank of Kenya’s website, the Standard Bank of British South Africa was granted a commercial banking license in 1910, allowing it to begin operations in British East Africa.

 

👉 Its first two locations, in Nairobi, the capital, and Mombasa, a major port city, opened in January 1911.

 

👉 When its parent firm, the Standard Bank of South Africa, combined with the Chartered Bank of India, Australia, and China in 1969 to establish the Standard Chartered Bank, the name of the Kenyan subsidiary was changed to the Standard Chartered Bank of Kenya.

 

👉 Standard Chartered completely divested from the Standard Bank of South Africa group in 1987, and in 1989, Standard Chartered Kenya offered 21,000,000 shares of stock to the public through the Nairobi Securities Exchange (NSE).

 

👉 At the time, this NSE placement was the biggest ever made in a single transaction. With a market value of KES 49.9 billion or around 2.35% of the Nairobi Securities Exchange equity market, Standard Chartered Bank Limited is the seventh most valuable company on the NSE currently.

 

👉 Standard Chartered’s share price started the year at 128.25 KES, and after a 2.92% increase, it is now valued at 132.50 KES, making it the nineteenth best-performing stock on the NSE this year.

💰 Growth, Valuation, Trading💻 Information
Share Price132.00 KES
52-Week Range121.00 – 148.75 KES
Market Capitalization49.9 billion KES
Shares Outstanding378 million
Forward P/E5.62
Earnings Per Share23.49 KES
Dividend Yield14.42%

8. British American Tobacco Kenya Limited (NSE: BAT)

British American Tobacco Kenya Limited

👉 Kenya is home to British American Tobacco (Kenya) Limited. Cigarette and tobacco production and distribution are core business activities for the company.

 

👉 The Company is owned by British American Tobacco Plc, a prominent multi-category consumer products firm, through which it distributes and sells cigarettes to distributors and other companies.

 

👉 BAT has deep roots in Kenyan culture, and the firm was founded in 1907, and it has been publicly traded on the Nairobi Securities Exchange ever since 1969. The firm sells about ten assorted brands in Kenya.

 

👉 The facility in Nairobi is where the company manufactures and distributes its wares to a few different markets. Eastern Europe, the Middle East, and Africa all have easy access to the Company’s plant.

 

👉 Dunhill, Embassy, and Sportsman are just some of the brands produced by the firm. Rothmans is another investment option that the Company makes available to consumers in Kenya.

 

👉 Dunhill Switch is a capsule offer, while Dunhill Release is a mentholated convertible cigarette. Embassy Fresh is a distinguished menthol cigarette.

 

👉 With a market value of KES 44.5 billion or around 2.09% of the Nairobi Securities Exchange equity market, British American Tobacco Kenya is the eighth most valuable company on the NSE currently.

💰 Growth, Valuation, Trading💻 Information
Share Price445.00 KES
52-Week Range400.512.00 KES
Market Capitalization44.5 billion KES
Shares Outstanding100 million
Forward P/E6.86
Earnings Per Share64.83 KES
Dividend Yield12.36%

9. Stanbic Bank Kenya Limited (NSE: SBIC)

Stanbic Bank Kenya Limited

👉 In the present day, CfC Stanbic Holdings is the consequence of a merger between Stanbic Bank Kenya Limited and CfC Bank Limited. In 1958, Ottoman Bank founded its first subsidiary in the area, which would become known as Stanbic Bank Kenya Limited (SBK).

 

👉 Except for the two branches in Nairobi and Mombasa that had been inherited from the Ottoman Bank, the Kenyan government took over NGB Kenya in 1970 per an agreement between the government and NGB.

 

👉 Kenya Commercial Bank replaced NGB Kenya, and Grindlays Bank International (Kenya), Limited (GBI) was formed from the two branches.

 

👉 Financial institution CFC Bank Limited (CFC Bank) was founded in 1955 as Credit Finance Corporation and debuted on the Nairobi Stock Exchange the following year.

 

👉 The merger between CFC Bank and Stanbic Bank was authorized by CFC Bank shareholders at an Extraordinary General Meeting held on November 12, 2007. This three-part process was the biggest financial merger in Kenya’s history.

 

👉 A Kenyan financial services provider, Stanbic Holdings Plc is a subsidiary of the South African-based Standard Bank Group. The Central Bank of Kenya, the country’s primary banking regulator, has issued licenses to and oversees the organization.

 

👉 With a current market value of KES 41.9 billion or around 1.97% of the Nairobi Securities Exchange equity market, Stanbic Holdings Limited ranks as the ninth most valuable company on the NSE.

💰 Growth, Valuation, Trading💻 Information
Share Price106.00 KES
52-Week Range82.00 – 108.00 KES
Market Capitalization41.9 billion KES
Shares Outstanding395 million
Forward P/E5.81
Earnings Per Share18.23 KES
Dividend Yield12.36%

10. NCBA Group Plc (NSE: NCBA)

NCBA Group Plc

👉 East and West African financial services are provided by NCBA Group Plc. Nairobi, Kenya is home to the Group’s headquarters. A major provider of financial services in East and West Africa, NCBA Group Plc has a market capitalization of $4.43 billion (464.89 billion) as of the end of 2019.

 

👉 To meet the need for hire purchase and instalment credit loans in East Africa, Standard Bank of South Africa and Mercantile Credit Limited of the United Kingdom partnered to establish National Industrial Credit (NIC) in Kenya on September 29, 1959.

 

👉 Mercantile Credit owned 60% of the company, while Standard Bank retained 40%. Since 1971, when it became public, NIC has been a part of the Nairobi Stock Exchange (NSE).

 

👉 Through its purchase of Mercantile in the 1970s and Standard’s NIC shares in the 1980s, Barclays Bank of Kenya Limited (BBK) came to own 51% of NIC’s total shares.

 

👉 Kenya’s third-largest bank, CBA, announced a merger with NIC Group in December 2018, establishing the third-largest bank in Kenya.

 

👉 In May of 2019, the combined firm was still running two sets of banks in Kenya, Uganda, and Tanzania, but they were in the process of obtaining regulatory clearance to consolidate these businesses into one bank in each country and a group re-branding.

 

👉 With a current market value of KES 40.4 billion or around 1.9% of the Nairobi Securities Exchange equity market, NCBA Group Plc is the 10th most valuable company on the NSE.

💰 Growth, Valuation, Trading💻 Information
Share Price24.50 KES
52-Week Range23.00 – 29.00 KES
Market Capitalization40.4 billion KES
Shares Outstanding1.65 billion
Forward P/E3.95
Earnings Per Share6.21 KES
Dividend Yield12.45%

How to choose the Right Share Broker in Kenya

How to choose the Right Share Broker in Kenya

👉 Kenyan traders must evaluate the following components of a share broker to decide whether the broker is suited to their unique trading objectives and/or needs.

 

Regulations and Licenses

👉 This is the first vital 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 Share CFD Brokers in Kenya

👉 In this article, we have listed the best brokers that offer individual share and share CFD trading to traders in Kenya. We have further identified the brokers that offer additional services and solutions to Kenyan traders.

 

Best MetaTrader 4 / MT4 Share and CFD Broker in Kenya

Overall Rating

Min Deposit

USD 5 / 578 KES

Regulators

Trading Desk

FXPesa mobile, MyFXPesa, MT4, MT5

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, FXPesa is the best MT4 Share and CFD Broker in Kenya. FXPesa is a CMA-regulated MT4 broker that offers a range of asset classes that can be traded.

 

👉 FXPesa offers a choice between Executive and Premiere Account for Kenyan traders, with a maximum of 1:400 leverage.

 

Best MetaTrader 5 / MT5 Share and CFD Broker in Kenya

Overall Rating

Min Deposit

USD 1 / 116 KES

Regulators

IFSC, FSCA (South africa), ASIC, CySEC

Trading Desk

MetaTrader 4, MetaTrader 5, FBS Trader – all in one mobile trading platform.

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

$140 (16 373 KESFind out More)

Account Activation Time

24 Hours

👉 Overall, FBS is the best MetaTrader 5 Share and CFD Broker in Kenya. FBS is one of the best MT5 brokers that has been around for over 12 years.

 

👉 FBS offers STP and ECN execution and provides Kenyans with a choice between 6 retail account types, including a Cent and Micro Account for beginners.

 

Best Share and CFD Broker for beginners in Kenya

Overall Rating

Min Deposit

USD 1 / 116 KES

Regulators

CySEC, FSC

Trading Desk

Metatrader 4

Crypto

Yes

Total Pairs

4

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, InstaForex is the best Share and CFD Broker for beginners in Kenya. InstaForex is a reliable platform that has been around since 2007 and that offers comprehensive CFD trading solutions and PAMM services.

 

👉 InstaForex offers beginner Kenyan traders a helpful knowledge base along with video tutorials and trading platform guides to help them get started in the financial markets.

 

Best Low Minimum Deposit Share and CFD Broker in Kenya

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

👉 Overall, OANDA is the best Low Minimum Deposit Share and CFD Broker in Kenya. Kenyans can choose between a Standard, Core, and Swap-Free Account with OANDA with the benefit that there is no set minimum deposit requirement.

 

👉 OANDA offers its award-winning trading platform and Kenyans can expect competitive spreads from 0.1 pips with commissions from 40 USD per 1 million traded, or 10 standard lots.

 

Best ECN Share and CFD 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 ECN Share and CFD Broker in Kenya. GO Markets offers Kenyans some of the lowest spreads and best ECN execution on the GO+ Account, perfect for high-frequency traders and scalpers.

 

👉 Kenyans can access over 50 forex pairs along with a range of share CFDs and CFDs on Indices.

 

Best Islamic / Swap-Free Share and CFD Broker 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

👉 Overall, AvaTrade is the best Islamic / Swap-Free Share and CFD Broker in Kenya. AvaTrade may only offer a single live trading account, but Muslim traders can convert it into a Swap-Free Islamic Account.

 

👉 AvaTrade offers powerful trading technology and provides Muslim traders halal trading conditions in gold, silver, oil, indices, and forex markets.

 

Best Share and CFD Trading App 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 Share and CFD trading app in Kenya. FXTM is a MetaTrader-only CFD and forex broker that offers an advanced mobile trading platform.

 

👉 The FXTM trader allows traders access to several markets while on the go, and traders can easily check real-time quotes, manage their accounts, and set customized price alerts.

 

Best Kenyan Shilling Trading Account Share and CFD 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

👉 Overall, Exness is the best Kenyan Shilling trading account Share and CFD Broker in Kenya. Exness offers Kenyans over 278 financial markets through its trading accounts.

 

👉 There are four of five account types which are KES-denominated and Exness offers zero-pip spreads on major instruments.

 

Best Lowest Spread Share and CFD Broker in Kenya

Overall Rating

Min Deposit

USD 200 / 23320 KES

Regulators

CFD

Trading Desk

MetaTrader 4

Crypto

Yes

Total Pairs

65

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, easyMarkets is the best lowest spread Share and CFD Broker in Kenya. easyMarkets is a Market Maker broker that offers fixed, low spreads from 0.04 USD on Oil CFDs.

 

👉 easyMarkets is an affordable option for Kenyans and offers an innovative platform alongside TradingView with advanced charting and technical analysis.

 

Best Nasdaq 100 Share and CFD Broker in Kenya

Overall Rating

Min Deposit

50% of your initial deposit

Regulators

Trading Desk

MT4, MT5

Crypto

Yes

Total Pairs

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, Scope Markets is the best Nasdaq 100 Share and CFD Broker in Kenya. Scope Markets is a Kenyan-based broker that offers comprehensive CFD trading solutions, including instruments such as NASDAQ 100. Scope Markets is known for swift execution and exceptionally low slippage.

 

Best Volatility 75 / VIX 75 Share and CFD 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

👉 Overall, Plus500 is the best Volatility 75 / VIX 75 Share and CFD Broker in Kenya. Plus500 is the best CFD broker in the industry that provides the best tools for trading VIX including an economic calendar, customizable price levels, guaranteed stops, and more.

 

👉 Kenyans who use Plus500 can also benefit from a first-time bonus when they fund the trading account for the first time.

 

Best NDD Share and CFD Broker in Kenya

Overall Rating

Min Deposit

USD 100 / 11615 KES

Regulators

CySEC, FCA

Trading Desk

Crypto

Yes

Total Pairs

50

Islamic Account

No

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, FOREX.com is the best NDD Share and CFD Broker in Kenya. FOREX.com is one of the only brokers that have an Execution Scorecard, proving that it is one of the best NDD brokers in the industry.

 

👉 FOREX.com operates across 180 countries and provides some of the best solutions to both retail and institutional clients. FOREX.com offers spreads from 0.3 pips and has competitive commissions of $5 per standard lot traded.

 

Best STP Share and CFD 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 STP Share and CFD Broker in Kenya. Pepperstone Markets Kenya Limited is a well-known STP and ECN broker that processes over 8.4 billion USD daily.

 

👉 Pepperstone offers superior liquidity across several markets and provides market execution without any requotes.

 

Best Sign-up Bonus Broker in Kenya

Overall Rating

Min Deposit

USD 100 / 11560 KES

Regulators

CySEC, FCA, FSA, FSCA, Labuan FSA

Trading Desk

Meta Trader 4

Crypto

Yes

Total Pairs

62

Islamic Account

Yes

Trading Fees

Low

Account Activation Time

24 Hours

👉 Overall, Tickmill is the best sign-up bonus broker in Kenya. Tickmill offers Kenyans trading accounts from 11,500 KES minimum deposit. When Kenyans register a trading account, they can expect zero-pip spreads and access to an attractive no-deposit bonus.

 

👉 Those who register a trading account for the first time and who verify their account can qualify for a $30 welcome bonus that can be used to trade live markets.

Conclusion

👉 While we have indicated the 10 Best Shares listed on the NSE to buy, it is best to start with analyst price predictions or the recommendations of financial publications.

 

👉 Kenyan investors must apply fundamental and technical analysis when they choose a stock to ensure that it is a suitable investment for them.

FAQ

Is buying shares profitable in Kenya?

Yes, share trading can be very profitable in Kenya. However, there is no guarantee that investors or share traders will make profits.

 

Can I buy Safaricom shares in Kenya?

Yes, you can purchase Safaricom shares in Kenya through a bank account, MPesa, or a registered broker.

 

Is KCB a sound investment?

Yes, KCB Bank is one of the best investment banks in Kenya in 2022 with solid financials.

 

How do I start trading stocks in Kenya?

You can view the CMA-regulated brokers in Kenya that offer access to the NSE. Once you have found a suitable broker, you can explore their offering by registering a demo account. Once you are ready, you can register a live account, deposit funds, and choose your stocks to trade.

 

How much do I need to buy shares in Kenya?

You can buy shares on the NSE with a minimum deposit of at least 5,000 KES in your CDS account.

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