List of Licensed Derivatives Brokers in Kenya

Several firms in Kenya are licensed to act as derivatives brokers by the Capital Markets Authority (CMA) and are accredited members of the Nairobi Securities Exchange (NSE) Derivatives Market. Derivatives brokers serve as intermediaries for the buying and selling of financial derivatives such as futures contracts, options, swaps, and forwards. These brokers connect buyers and sellers in the derivatives market, execute trades on behalf of their clients, and provide a platform for entering orders. The Capital Markets Authority (CMA) is the body responsible for licensing and regulating derivatives brokers in Kenya. Here is a comprehensive list of the licensed derivatives brokers in Kenya.

NSE Derivatives Brokers

These brokers can facilitate trading in derivatives products available on the NSE Derivatives Exchange. 

• Genghis Capital Ltd.
• NCBA Investment Bank
• Kingdom Securities Limited
• SCFM Limited (trading as Scope Markets) 

Online Foreign Exchange (Forex) and CFD Brokers 

These firms are licensed by the CMA as Non-Dealing Online Foreign Exchange Brokers, allowing them to offer derivatives in the form of Contracts for Difference (CFDs) on various assets, including commodities and currencies. 

• EGM Securities Limited (trading as FX Pesa), which was the first online broker to offer NSE derivatives
• SCFM Limited (trading as Scope Markets)
• Pepperstone Markets Kenya Limited
• Exinity Capital East Africa Limited
• HFM Investments Limited (trading as HF Markets)
• Windsor Markets Kenya Limited
• Exness KE Limited
• Ingot Africa Limited
• Admirals KE Limited
• FP Markets Limited
• IC Markets (KE) Limited
• ANZO CAPITAL LIMITED
• TPXMGLOBAL Kenya Limited 

For the most up-to-date and comprehensive list of all licensed market participants, you can always check the official Capital Markets Authority website. 

Derivatives brokers serve as intermediaries for the buying and selling of financial derivatives such as futures contracts, options, swaps, and forwards. These brokers connect buyers and sellers in the derivatives market, execute trades on behalf of their clients, and provide a platform for entering orders. The Capital Markets Authority (CMA) is the body responsible for licensing and regulating derivatives brokers in Kenya. Here is a comprehensive list of the licensed derivatives brokers in Kenya.

List of Licensed Derivatives Brokers in Kenya and their Contacts

1. AIB-AXYS Africa Limited
   Phone: +254 71 104 700
   Location: The Promenade, 5th Floor, General Mathenge Road, Westlands, Nairobi
2. EGM Securities Limited (Trading as “FX Pesa”)
   Phone: +254 730 676 002
   Location: 12th Floor, Tower 2, Delta Corner Towers, Waiyaki Way, Westlands, Nairobi
3. Faida Investment Bank Limited
   Phone: 020 7606026
   Location: Crawford Business Park, State House Rd, Nairobi
4. Genghis Capital Limited
   Phone: +254 709 185 000
   Location: 3rd Floor, Purshottam Place, Westlands Road, Nairobi
5. Kingdom Securities Limited
   Phone: 0703 027 000
   Location: Co-operative House, 5th Floor, Haile Selassie Avenue, Nairobi
6. SCFM Limited (Trading as “Scope Markets”)
   Phone: +254 20500 5100
   Location: Westside Towers, 4th Floor, Office 402 and 403, Lower Kabete Road, Westlands
7. Standard Investment Bank Limited
   Phone: 020 2277 000
   Location: 16th floor, JKUAT Building, Kenyatta Ave, Nairobi
8. Sterling Capital Limited
   Phone: 020 2213914
   Location: Delta Corner Annex, 5th Floor, Ring Road, Westlands, Nairobi
9. NCBA Investment Bank Limited
   Phone: 020 2884000
   Location: Mara Road, Upper Hill, Nairobi
10. Dyer and Blair Investment Bank Limited
    Phone: 0709 930 000
    Location: 7th Floor, Goodman Tower, Off Waiyaki Way, Nairobi
11. SBG Securities Limited
    Phone: 020 363 8909
    Location: Stanbic Bank Centre, 2nd floor, Westlands Road, Nairobi
12. Kestrel Capital (East Africa) Limited
    Phone: 020 2251758
    Location: 1st Floor, Orbit Place, Westlands Road, Nairobi

Capital Markets Authority (CMA) Contacts

Head Office: Embankment Plaza, 3rd Floor, Longonot Road, off Kilimanjaro Avenue, Upperhill, Nairobi
Contacts: +254 722 207767, +254 20 2264000
Email: [email protected]