This Equiti Kenya review focuses on the broker’s local regulatory status, platform offerings, market access, and suitability for both Kenyan retail and institutional traders. As part of the global Equiti Group, Equiti Kenya (EGM Securities Ltd) brings regulated online trading to East Africa with competitive pricing and regional support.

Regulation and Safety

Equiti Kenya is operated by EGM Securities Ltd and is regulated by the Capital Markets Authority (CMA) of Kenya under license number 107. As a CMA-regulated broker, Equiti Kenya adheres to local compliance, capital adequacy, and client fund protection standards. Funds are held in segregated bank accounts, and the broker enforces AML/KYC policies. However, Kenya does not offer a formal investor compensation scheme.

Execution Model and Trading Platforms

Equiti Kenya uses an STP execution model with direct routing to liquidity providers and no dealing desk. The broker supports MetaTrader 4, MetaTrader 5, and its own Equiti Trader platform. These platforms are accessible via desktop, mobile, and web. VPS hosting is available for high-volume clients, though FIX API is not standard and may require institutional qualification.

Markets and Instruments

Equiti Kenya provides access to over 200 CFD instruments, including:

• Forex (major, minor, and exotic currency pairs)
• Commodities (gold, silver, crude oil)
• Indices (US30, NASDAQ, DAX, FTSE)
• Shares (US and global equities)
• Cryptocurrencies (BTC, ETH, XRP – subject to jurisdiction)

Accounts, Spreads and Leverage

Equiti Kenya offers two core account types:

• Executive Account: Spreads from 1.6 pips, no commission
• Premier Account: Spreads from 0.0 pips, $7 commission per round lot

Islamic swap-free versions are available on request. Maximum leverage is 1:400 for retail clients, with a 30% stop-out level. Minimum deposits start from $10 for Executive and $500 for Premier accounts, making the broker accessible to Kenyan retail traders.

Funding and Base Currencies

Equiti Kenya supports localised and international funding methods:

• MPesa mobile payments (instant)
• Bank transfers (local and international)
• Credit/debit cards
• eWallets such as Skrill and Neteller

Accepted base currencies include KES, USD, EUR, and GBP. Withdrawals are processed within 1–2 business days. MPesa provides near-instant deposits and same-day withdrawals for local clients.

Client Protections and Features

Client safety is ensured through the following measures:

• Fund segregation in top-tier Kenyan banks
• Two-factor authentication (2FA) and biometric login
• SSL-encrypted platform access
• Compliance with CMA reporting and disclosure standards
• No formal investor compensation scheme under CMA

Institutional and Retail Offering

Equiti Kenya supports a broad retail base and offers limited institutional features:

• Retail: MT4/MT5, Equiti Trader, swap-free accounts, local payment gateways
• Institutional: Liquidity solutions and white-label services available via Equiti Group

FIX API and prime-of-prime solutions are managed by global branches under Equiti Group, not directly via EGM Securities Ltd.

Pros and Cons

Pros

• Licensed by Kenya’s Capital Markets Authority (CMA)
• MPesa mobile funding supported
• Low minimum deposit from $10
• Wide range of tradable assets
• Access to MT4, MT5, and Equiti Trader

Cons

• No investor compensation fund under CMA
• FIX API not directly offered
• Crypto availability limited by jurisdiction

Frequently Asked Questions

Is Equiti Kenya regulated?

Yes, Equiti Kenya is regulated by the Capital Markets Authority (CMA) of Kenya under license number 107.

Does Equiti Kenya support MPesa?

Yes, MPesa is supported for deposits and withdrawals, allowing fast and convenient funding for Kenyan clients.

What platforms are available at Equiti Kenya?

Traders can access MetaTrader 4, MetaTrader 5, and Equiti Trader across mobile, web, and desktop devices.

What is the minimum deposit to open an account?

The minimum deposit is $10 for Executive accounts and $500 for Premier accounts.

Are Islamic accounts available at Equiti Kenya?

Yes, Islamic swap-free accounts are available upon request for both account types.