Let's Explore our selected brokers for you to choose from.

• Best In Kenya
  

  HFM Kenya

  4.9

  Sign Up

  Min Deposit

  $2

  Tradable Instruments

  801

  Fees

  minimum

  Why We Picked It

  Since 2010, HF Markets Group has empowered traders to pursue opportunities in the financial markets. We have become a one-stop shop for cutting-edge technology, wide-ranging education and superior trading conditions.
  
  Our mission is to provide the best customer service to our clients by maintaining a superb client-centric culture. HFM aims to lead the way through the use of cutting-edge technology, innovative system solutions and unrivalled customer service.

  Pros and Cons

  Pros

  • Variety of account types
  • wide selection of payments
  • tight spreads
  • flexible spreads

  Cons

  • A limited number of tradable instruments
• Best Broker
  

  XM

  4.8

  Sign Up

  Min Deposit

  $0

  Tradable Instruments

  1000

  Fees

  minimum

  Why We Picked It

  With its low minimum deposit requirements, diverse account types, extensive range of tradable instruments, and strong regulatory oversight, XM provides a flexible and secure trading environment suitable for traders worldwide.
  XM offers exceptional support for education, including webinars, tutorials, and trading tools tailored to both beginners and experienced traders. These features, combined with dedicated 24/5 multilingual customer support, ensure that traders have all the resources they need to succeed.

  Pros and Cons

  Pros

  • Diverse Account Types: Multiple account options to suit different trading needs.
  • Wide Range of Instruments: Over 1,000 tradable instruments.
  • Educational Resources: Comprehensive materials for traders at all levels.
  • Regulated by Multiple Authorities: Including ASIC and CySEC.

  Cons

  • Higher Spreads on Standard Account: Spreads may be higher compared to some competitors.
• 100% Welcome Bonus
  

  Trive

  4.7

  Sign Up

  Min Deposit

  $1

  Tradable Instruments

  1000

  Fees

  minimum

  Why We Picked It

  With its low minimum deposit, a diverse range of tradable instruments, and robust regulatory oversight, Trive offers a flexible and secure trading environment for both beginners and seasoned traders.

  Pros and Cons

  Pros

  • Low Minimum Deposit: Begin trading with a minimal initial investment.
  • Diverse Account Types: Options tailored to various trading strategies and experience levels.
  • Wide Range of Instruments: Access to multiple markets, including forex, commodities, indices, stocks, and cryptocurrencies.
  • Multiple Trading Platforms: Support for MetaTrader 4, MetaTrader 5, and a proprietary mobile app.
  • Regulated by MFSA: Ensuring a level of trust and security for traders.

  Cons

  • Limited Educational Resources: The platform offers fewer educational materials compared to some competitors.
  • Regional Restrictions: Trive's services may not be available in all countries.
• Competitive fees
  

  Exness

  4.4

  Sign Up

  Min Deposit

  $10

  Tradable Instruments

  1000

  Fees

  minimum

  Why We Picked It

  With its low minimum deposit requirements, diverse account offerings, and strong regulatory oversight, Exness provides a flexible and secure trading environment suitable for traders worldwide.

  Pros and Cons

  Pros

  • Low Minimum Deposit: Start trading with as little as $10.
  • Diverse Account Types: Options tailored for different trading strategies and experience levels.
  • Wide Range of Instruments: Access to forex, metals, energies, indices, and cryptocurrencies.
  • Multiple Trading Platforms: Support for MT4, MT5, and Exness's proprietary web terminal.
  • Regulated by Multiple Authorities: Including CySEC and FCA.

  Cons

  • Limited Availability of Certain Instruments: Compared to some competitors, the range of tradable instruments is narrower.
  • Higher Spreads on Standard Accounts: Spreads may be higher compared to professional account types.
  • Regulatory Limitations: Retail clients may be registered under offshore entities, depending on their location.
• Best Broker for Indices
  

  RCG Markets

  4.4

  Sign Up

  Min Deposit

  $100

  Tradable Instruments

  1000

  Fees

  average

  Why We Picked It

  Traders looking for a broker regulated by the FSCA with access to multiple trading instruments and the popular MetaTrader platforms may find RCG Markets appealing. However, it's essential to consider the mixed user feedback and the absence of top-tier regulatory oversight when making a decision.

  Pros and Cons

  Pros

  • Diverse Range of Instruments: Access to forex, commodities, indices, and cryptocurrencies.
  • MetaTrader Platforms: Availability of MT4 and MT5 for advanced trading features.
  • FSCA Regulation: Oversight by the Financial Sector Conduct Authority in South Africa.
  • No Inactivity Fee: Traders are not charged for dormant accounts.

  Cons

  • Lack of Top-Tier Regulation: Not regulated by major financial authorities, which may concern some traders.
  • Reports of Hidden Fees: Some users have reported undisclosed charges affecting profitability.
  • Mixed User Reviews: Feedback varies, with some traders highlighting issues in trade execution.
• Low Deposit
  

  Deriv

  4.2

  Sign Up

  Min Deposit

  $5

  Tradable Instruments

  1000

  Fees

  minimum

  Why We Picked It

  With its low minimum deposit requirement, diverse range of tradable instruments, and multiple platform options, Deriv provides a flexible and accessible trading environment. Its commitment to user education and support further enhances its appeal to both novice and seasoned traders.

  Pros and Cons

  Pros

  • User-Friendly Platform: Intuitive interface suitable for both beginners and experienced traders.
  • Diverse Product Range: Access to forex, commodities, cryptocurrencies, stock indices, and synthetic indices.
  • Multiple Trading Platforms: Offers DTrader, DBot, and MetaTrader 5 (MT5) to cater to different trading preferences.
  • Low Minimum Deposits: Start trading with as little as $5.
  • Educational Resources: Provides tutorials, webinars, and trading guides to enhance trader knowledge.

  Cons

  • Fees on Withdrawals: Certain withdrawal methods may incur fees.
  • Restricted Availability: Not available in some countries, including the United States and Canada.
  • Limited Advanced Trading Tools: Some platforms may lack advanced features desired by professional traders.
• Low Deposit
  

  FBS

  4.3

  Sign Up

  Min Deposit

  $5

  Tradable Instruments

  800

  Fees

  medium

  Why We Picked It

  With its low minimum deposit requirements, diverse account offerings, and comprehensive educational resources, FBS provides a flexible and supportive trading environment suitable for both beginners and experienced traders.

  Pros and Cons

  Pros

  • Diverse Account Types: Options tailored for different trading strategies and experience levels
  • Wide Range of Instruments: Access to forex, metals, indices, energies, and stocks
  • Educational Resources: Comprehensive materials for traders at all levels
  • No Non-Trading Fees: No charges for deposits, withdrawals, or inactivity

  Cons

  • Average Forex Spreads: Forex spread fees are average compared to some competitors
  • Fixed Spreads on Micro Account: May not be suitable for all trading strategies
  • Limited Advanced Trading Tools: Some platforms may lack advanced features desired by professional traders
• Best Crypto Broker
  

  Binance

  4.5

  Sign Up

  Min Deposit

  $0

  Tradable Instruments

  1500

  Fees

  minimum

  Why We Picked It

  • Extensive Cryptocurrency Choices:
    Binance is perfect for traders and investors seeking access to a wide range of cryptocurrencies, from established coins to emerging tokens.
  • Advanced Trading Features:
    With tools like futures contracts, stop-loss orders, and leverage options, Binance is ideal for advanced traders looking to execute sophisticated strategies.
  • Earning Passive Income:
    The platform provides multiple options for earning passive income through staking, saving, and liquidity pools.
  • Global Reach with Local Payment Options:
    Binance supports diverse payment methods, including fiat deposits, making it accessible to users worldwide.
  • Affordable Trading:
    Competitive fees, especially when using Binance Coin (BNB), ensure cost-effective trading, making it ideal for both high-volume traders and casual investors.
  • Cutting-Edge Features:
    Binance stays ahead of competitors by introducing innovative products, like decentralized finance (DeFi) integration, NFTs, and tokenized stock trading.

  Pros and Cons

  Pros

  • Wide Range of Cryptocurrencies
  • Low Trading Fees
  • High Liquidity
  • Multiple Trading Options
  • User-Friendly Interface
  • Global Availability
  • Educational Resources

  Cons

  • Overwhelming for Beginners
  • Limited Customer Support
  • Geographical Restrictions
• Best for Leveraging Traders
  

  Bybit

  4.4

  Sign Up

  Min Deposit

  $0

  Tradable Instruments

  1200

  Fees

  minimum

  Why We Picked It

  • Specialization in Derivatives Trading:
    Bybit’s focus on perpetual and futures trading makes it the ideal platform for experienced traders looking to leverage crypto price movements.
  • Fast and Reliable Trading Engine:
    With an industry-leading trading engine, Bybit ensures orders are executed with precision and without downtime, even during high volatility.
  • No KYC for Small Trades:
    Bybit’s optional KYC process allows users to trade quickly and privately, making it attractive for those who value anonymity.
  • High Leverage for Professional Traders:
    Traders can maximize their profit potential by leveraging up to 100x on their trades, ideal for those with a risk-tolerant strategy.
  • Competitive Fee Structure:
    Bybit charges low fees for both spot and derivatives trading, offering rebates for market makers.
  • Secure Trading Environment:
    Security features like cold wallet storage and fund insurance give users peace of mind while trading large volumes.
  • Regular Trading Tournaments and Bonuses:
    Bybit incentivizes traders with regular competitions and rewards, enhancing user engagement and profitability.
  • Education and Community:
    With access to guides, trading strategies, and active community forums, Bybit empowers users to learn and grow in their crypto trading journey.

  Pros and Cons

  Pros

  • Advanced Derivatives Trading
  • User-Friendly Interface
  • High Liquidity
  • Spot and Margin Trading
  • Insurance Fund for Risk Mitigation
  • No KYC Requirements (for Small Accounts)
  • Fast Order Matching
  • Rewarding Promotions
  • Robust Security Features
  • Educational Content and Support:

  Cons

  • Limited Cryptocurrency Selection for Spot Trading
  • Regulatory Challenges
  • Focus on Experienced Traders
  • High Risk of Leveraged Trading
  • No Fiat Deposits