β Introduction: Why Kenyan Traders Ask About JustMarkets Legitimacy
In 2025, forex trading in Kenya continues to grow rapidly. One of the brokers attracting attention is JustMarkets. But many new traders ask the question: βIs JustMarkets legit in Kenya?β This article gives you a complete review of JustMarkets, including its regulation status, deposit options like M-Pesa, trading conditions, and feedback from real Kenyan users.
π Is JustMarkets Regulated in Kenya?
JustMarkets is not directly regulated by the Capital Markets Authority (CMA) of Kenya. However, it operates internationally under the regulation of the Financial Services Authority (FSA) of Seychelles, under license number SD088.
While this doesnβt make it a local Kenyan broker, it is a globally recognized offshore broker, trusted by traders in over 190 countries β including thousands of traders in Kenya.
π³ Can You Deposit to JustMarkets from Kenya?
Yes, Kenyan traders can deposit and withdraw funds easily using M-Pesa, which is the most popular mobile payment method in Kenya.
Deposit Options for Kenyan Clients:
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β M-Pesa via online payment gateway
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β Bank transfer (international)
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β Cryptocurrencies (BTC, USDT, ETH)
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β Visa / Mastercard
Minimum Deposit: From as low as $1, depending on account type.
π Trading Conditions for Kenyan Traders
Feature | Details |
---|---|
Leverage | Up to 1:3000 |
Spreads | From 0.0 pips (ECN account) |
Platforms | MetaTrader 4, MetaTrader 5 |
Instruments | Forex, Gold (XAUUSD), Crypto, Indices, Stocks |
Account Types | Standard, Pro, Raw Spread, Cent |
Many Kenyan traders prefer the Raw Spread Account for scalping or gold trading (XAUUSD), while beginners may start with the Standard Cent Account.
π± Is There Local Support in Kenya?
While JustMarkets doesnβt have a physical office in Kenya, they offer:
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β 24/7 live chat support
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β Email support in English
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β Telegram/WhatsApp community groups
Some local IBs (Introducing Brokers) also offer free trading education and rebate services in Kenya.
π₯ What Kenyan Traders Are Saying (User Reviews)
Many Kenyan traders on forums and Telegram groups praise JustMarkets for:
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Fast M-Pesa withdrawals (within hours)
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Competitive spreads
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Free VPS on certain accounts
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Instant order execution
βIβve used JustMarkets for 2 years now. They pay on time and their spreads on gold are very low. M-Pesa deposit is fast.β β James M., Nairobi
βοΈ Final Verdict: Is JustMarkets Legit in Kenya?
β Yes, JustMarkets is considered a legit and trusted broker for Kenyan traders, even though it is not CMA-regulated. It offers strong trading conditions, fast M-Pesa transactions, and a growing presence in East Africa.
However, as with any offshore broker, we recommend:
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Trade with caution.
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Start with small deposits.
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Use risk management strategies.