Is IC Markets legal in Kenya?
The CMA licenses online forex brokers in Kenya. Some global brokers hold a CMA licence, but many do not — check the CMA's register of licensed non-dealing/dealing forex brokers.
IC Markets does not hold a Capital Markets Authority licence specifically for Kenya in our records, so Kenyan clients are typically served through IC Markets's international/offshore entity. That means you rely on that entity's regulation rather than local Kenya protection — check which entity you're signing up with.
IC Markets's regulation
Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.
For Kenyan traders
Before you trade from Kenya
Laws change and are enforced differently — this is general information, not legal advice. Always confirm the current rules with Capital Markets Authority and verify which IC Markets entity serves Kenya. Trading Forex/CFDs is high-risk and can lose all your capital.
IC Markets in other countries
Update history
- 2026-08-01
Availability and local-regulation context reviewed.