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IC Markets Kenya Review: Does this Forex Broker Deliver?   ( 2026 )

★★★★
8.3/10
Est. 2007SydneyCMA Regulated
Min Deposit
$5
Max Leverage
1:400
Spread
0.82
Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), Proprietary, cTrader
P
Patrick Mahinge
Forex Trading & Regulation

Senior financial analyst

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Key Features

  • CMA Regulated
  • M-Pesa Support
  • Islamic Account

IC Markets Overview

IC Markets cTrader trading platform

IC Markets Trading Platforms Review

IC Markets (Ke) is one of the few brokers that offer cTrader trading a platform, a platform that offers unrivaled market transparency.

cTrader

IC Markets offers a rich set of forex trading platforms. Apart from the conventional MT4 and MT5 trading platforms that are offered by nearly all the forex brokers in the world, IC Markets also provides the cutting-edge cTrader Platform in addition to TradingView and their own in-house trading apps.

IC Markets Regulation & Safety in Kenya

Regulatory Licenses

Capital Markets Authority
Kenya
CMA

Note: Regulatory information is subject to change. Please verify the broker's regulatory status on their official website or through the respective regulatory authority.

IC Markets Safety Features

  • Segregated client funds
  • Regulatory oversight
  • SSL encryption
  • Negative balance protection
  • CMA Regulated for Kenya

Registered Address

Sydney

No. 6, 5th Floor, Top Plazza, Kindaruma Road Nairobi, Kenya

IC Markets Pros & Cons

Advantages

  • Low spreads and competitive pricing
  • Access to multiple trading platforms including MetaTrader 4 and 5
  • Regulated by multiple authorities including ASIC and CySEC
  • High leverage options available for traders
  • Wide range of available trading instruments including forex, commodities, and indices

Disadvantages

  • Limited educational resources for beginners
  • No significant bonuses or promotions
  • Customer support may not be available 24/7
  • Withdrawal fees may apply depending on the method

IC Markets Final Verdict

8.3/10
Overall Rating
9.0/10
Regulation
8.5/10
Trading Costs
7.0/10
Support

IC Markets stands out as an excellent choice for Kenyan traders, particularly those who are new to forex trading. The combination of trading features, low minimum deposits, and comprehensive trading features makes it an ideal choice for the Kenyan market.

Risk Warning:Trading forex and CFDs involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. Please ensure you understand the risks involved.