Many traders in Kenya use mobile apps to trade. Many brokers operate in this country, each offering their own platform. Before making a choice, it is important to evaluate apps to find the one that perfectly suits your goals and strategy. TU analysts compared Top 5 mobile apps. You will be able to choose the Best Paper Trading App in Kenya for 2026, based on our assessments.
eToro is an international broker for trading and investing in assets, copying trades of experienced market players and earning income on offering your own successful strategy. The activities of eToro are controlled by European financial regulators: CySEC and FCA. The broker offers its clients the opportunity to trade indices with a maximum leverage of 1:20 and ETF instruments with a leverage of 1:5. Size of leverage in eToro can also vary depending on the regulation of the division of the broker you work with.
Easy Equities is a broker for active and passive investors. The company provides optimal conditions for users regardless of their investment experience, and offers access to trading fractional shares and accounts for children under age.
E-Trade specializes in e-trading and is primarily focused on working with the American stock market.
Zacks Trade is a broker that offers its clients a wide selection of US stocks, funds, options and bonds, and also access to the foreign stock market.
Advantage Futures is a broker for active participants in the futures markets, and trading conditions are suitable for traders with different levels of expertise.
1
Best Paper Apps in Kenya - eToro
The eToro broker was founded in 2007. The company promotes itself as a social trading platform working with traders from over 140 countries. The broker has several divisions operating under different jurisdictions and licensed by different regulators. For example, eToro (Europe) is licensed by the Cypriot regulator CySEC (109/10) and eToro (UK) is licensed by the British regulator FCA (583263). The broker also has a representative office in Australia and the USA.
👍 Advantages of trading with eToro for traders in Kenya :
•High level of reliability ensured by the licenses of respected regulatory authorities and participation in the compensation funds.
•Wide selection of assets quoted at stock exchanges in the UK, U.S., Australia and Asia.
•An opportunity to combine active trading with social trading and passive investing.
•Zero-fee trading of a number of stocks.
•Access to ready-made diversified asset portfolios with various risk levels.
•Provision of leverage, educational materials on various markets and user-friendly trading platforms that can run on any device.
•Zero fees for portfolio management, depositing funds and account maintenance.
👎 Disadvantages of eToro for traders in Kenya:
•High minimum deposit for users of a number of countries.
•No live chat on the website for quick connection to customer support.
2
Best Paper Apps in Kenya - Easy Equities
Easy Equities (EasyEquities) is a US stock broker providing financial services in the international market. The company opens access to South African, American and Australian markets and provides an opportunity to trade fractional shares. Investors can choose an individual or corporate account and there are also accounts for children. EasyEquities is a part of two licensed financial services companies — First World Trader and Purple Group.
👍 Advantages of trading with Easy Equities for traders in Kenya :
•Demo accounts with two base currencies to choose from: USA and ZAR.
•Low trading commissions and zero non-trading fees.
•An account for children under age.
•No required minimum deposit amount.
•A possibility to invest independently or use investment offers of the broker.
•Residents of the majority of countries can open an account with the broker.
•Fractional shares are among trading instruments available to traders.
👎 Disadvantages of Easy Equities for traders in Kenya:
•Deposit and withdrawal take several days.
•The broker offers very few methods of contacting customer support.
•There is no information about the authorities regulating the operation of Easy Equities.
3
Best Paper Apps in Kenya - ETrade
The Etrade broker is a subsidiary of Morgan Stanley, the financial conglomerate, which has been operating since 1982. Today, E*TRADE is the leading online platform for financial instruments trading on the world's major exchanges. It offers operations with stocks, options, futures, bonds, ETFs, as well as investments in mutual funds. The broker is a member of FINRA (CRD#: 29106/SEC#: 8-44112), SIPC, NFA (0401545), and the FDIC, and provides services according to its license with the SEC, the US Securities and Exchange Commission.
👍 Advantages of trading with ETrade for traders in Kenya :
•Fully adaptable to e-commerce through its mobile applications.
•No commissions when working with stock options on American exchanges.
•Twenty-four/seven customer support via online chat.
👎 Disadvantages of ETrade for traders in Kenya:
•The Forex market tools are not available for trading.
•Training is provided in English only,
•Leverage is limited and cannot exceed 50% of the trader's personal funds.
•You cannot open a demo account to test the broker's conditions.
•There is no support, the website is only in English.
4
Best Paper Apps in Kenya - Zacks Trade
Zacks Trade is a stock broker headquartered in Chicago. The company has been providing investment services and quality analytical research since 1978. It is a division of LBMZ Securities, for which Interactive Brokers provides clearing and execution services. Zacks Trade is regulated by FINRA (CRD#: 7874/SEC#: 8-23266) and SEC, and is a member of SIPC. The broker offers its clients access to trading securities of the USA, Europe and Asia using proprietary platforms with powerful analysis instruments.
👍 Advantages of trading with Zacks Trade for traders in Kenya :
•The list of countries, the residents of which can open an account, includes 218 states.
•Wide selection of shares of international markets and quoted at the US stock exchanges.
•Reliable regulation by highly respected regulation authorities FINRA and SEC.
•No account service, inactivity or deposit fees.
•Fully digitalized account opening procedure.
•Over 20 base currencies.
•Access to subscription to professional instruments of research from third party providers and specialists of the broker’s own analytical department Zacks Investment Research.
👎 Disadvantages of Zacks Trade for traders in Kenya:
•At the moment, the broker’s clients cannot trade cryptocurrencies, futures, commodities and Forex instruments. Only shares are available from the securities of foreign exchanges.
•IRA accounts are available only for US tax residents.
•Funds cannot be deposited to the account using debit/credit cards. Also withdrawals to debit/credit cards are not available.
5
Best Paper Apps in Kenya - Advantage Futures
The Advantage Futures broker (Advantage Futures) is an American brokerage that began its operations in 2003. The company is regulated by three independent bodies: the US National Futures Association (NFA 327359), the US Financial Industry Regulatory Authority (FINRA 39362), and the US Commodity Futures Trading Commission (CFTC). Advantage Futures specializes in futures trading and provides traders with direct access to seven exchanges for derivatives. Experience in trading in the futures market is not obligatory, the broker offers trading platforms for different clients’ needs, and the support service will help each client individually to choose the appropriate options.
👍 Advantages of trading with Advantage Futures for traders in Kenya :
•The broker allows you to kick the tires and get acquainted with trading conditions using a demo account.
•A trader can choose accounts with different forms of ownership.
•The company offers a lightning-fast execution of transactions, so trading at Advantage Futures is suitable for scalpers.
•The company offers low fees, which decreases further with increasing trading volumes.
•Providing traders with direct access to derivatives exchanges.
•Keeping clients’ funds in segregated accounts.
•A vast array of trading platforms for different clients’ needs.
👎 Disadvantages of Advantage Futures for traders in Kenya:
•Bonuses for trading in the company but contests are not provided.
•High level of minimum deposit.
•The company's clients do not have access to replenishment and withdrawal of funds through electronic payment systems.
Best Paper Trading App in Kenya 2026: Education for Investors
When choosing the app, it is important to consider educational tools offered by brokers. TU analysts prepared a comparison of educational programs.
eToro - Education for Investors
Investment Education Online
eToro pays special attention to the education of traders. The broker’s website features information about what copy trading, leverage and margin are. There are also descriptions of how to buy and sell various types of financial instruments.
Upon completion of registration, any trader can create a free demo account with a virtual deposit of $100,000 and practice trading in an entirely risk-free environment.
Easy Equities - Education for Investors
Investment Education Online
Easy Equities is a broker that provides investment opportunities to its clients regardless of whether they have experience or not. There is a section on the company’s website featuring educational materials that can help the beginners understand the basics of investing and provide additional information to the more experienced traders.
Users can test new trading strategies and their trading skills on free demo accounts. There are two virtual demo accounts: a USD account with a balance of $10,000, and ZAR account with ZAR 100,000.
ETrade - Education for Investors
Investment Education Online
The broker offers a library on the site to introduce the basics of stock trading to novice traders. It provides reviews, analytics, news, expert opinions, and useful tips to improve your trading efficiency.
The broker doesn’t have a demo account, but the knowledge gained academically can only be applied in practice using real assets.
Zacks Trade - Education for Investors
Investment Education Online
ZacksTrade website does not feature a separate Education section. The future investors can find useful information in the Support section (the button is in the lower part of the home page of the website). It features the answers to frequently asked questions and video tutorials on how to set up an account, work with platforms, make a deposit and withdraw funds from the accounts.
Trading on a demo account allows you to test and learn about the trading platform, learn to open orders and use built-in technical analysis indicators.
Advantage Futures - Education for Investors
Investment Education Online
Cooperation with Advantage Futures assumes not only high-quality service and favorable trading conditions, but the broker also provides its clients with educational materials so that they can improve their professionalism and achieve greater success in futures trading.
The broker allows traders to test trading conditions and try out trading strategies without financial risks on a virtual account. To open it, contact the company's employees.
Summary
In this review, you had an opportunity to learn about the features of 5 brokers, which traders in Kenya choose the most. However, now you need to choose the best of them. You can do it using the scores given by the Traders Union. Check out the score table that will help you choose the Best Paper Trading App in Kenya 2026.
| eToro | Easy Equities | ETrade | Zacks Trade | Advantage Futures | |
|---|---|---|---|---|---|
|
Overall score |
8.4 |
5.65 |
8.3 |
6.45 |
7.02 |
|
Execution of orders |
9.1 |
5.44 |
8 |
6.24 |
6.79 |
|
Investment instruments |
10 |
5.9 |
8.6 |
6.7 |
7.2 |
|
Withdrawal speed |
5 |
5.5 |
8.4 |
6.3 |
6.9 |
|
Customer Support work |
9.3 |
5.8 |
8.2 |
6.6 |
7.2 |
|
Variety of instruments |
7.2 |
5.28 |
7.9 |
6.08 |
6.63 |
|
Trading platform |
9.8 |
6 |
8.7 |
6.8 |
7.4 |
|
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FAQ
Do all brokers offer mobile apps for iOS and Android?
Unfortunately no. Some companies focus only on one operating system. Before opening an account make sure that the broker offers the version for your operating system.
Is it possible to register with a broker using the mobile app?
Yes. Brokers provide an opportunity to open an account and pass verification directly in the mobile app.
Can a platform function less effectively in the app than in the web version?
The platforms of reliable brokers with good apps work as smoothly as the web version. Therefore, there are almost no instances when the app runs poorly and the web version runs well. That may happen only in case of technical failures, which also happen rarely if the app is good.
How are the apps protected against unauthorized access?
As a rule, in addition to the username and password, other security measures apply, for example two-factor authentication. In this case, you will need to enter a unique code to access your account.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
