Capital.com review: CMA licence opens door to regulated Forex trading in Kenya
Capital.com has received regulatory approval from the Capital Markets Authority (CMA) of Kenya to operate as a Dealing Online Foreign Exchange Broker, marking a significant step in the fintech group’s expansion across Africa. The licence, issued under number 244, allows Capital.com to provide regulated online forex and trading services to Kenyan clients, including onboarding, execution, and client support under local supervisory standards.
- Chosen by 0+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
The move reflects Capital.com’s broader strategy of entering new markets through established regulatory frameworks, positioning compliance and risk management as core pillars of its international growth.
Operating under CMA supervision
Under the CMA licence, Capital.com will act as a compliant counterparty in Kenya, delivering its services in line with local regulatory requirements, ACCESS Newswire reports. This includes adherence to reporting obligations, risk disclosures, and client protection standards set by the Kenyan regulator. The company said operations will be supported by local governance and compliance structures to ensure alignment with CMA expectations from the outset.
Valentina Rzheutskaya, Executive Director at Capital.com, said operating under local regulatory supervision is essential for responsible financial services. She noted that the CMA framework defines how the company communicates risk, supports clients, and maintains internal controls, reinforcing transparency and informed decision-making.
Local leadership and market commitment
To lead its Kenyan operations, Capital.com has appointed Samwel Kiraka as Chief Executive Officer, Kenya. Kiraka brings experience in managing financial services within regulated environments and will oversee local governance, compliance, and client operations. According to the company, his role will focus on building operational capacity that meets both regulatory and market expectations.
Kiraka said Capital.com’s priority is to operate fully within the CMA framework while establishing robust local operations from day one, underscoring the firm’s long-term commitment to the Kenyan market.
Global regulatory footprint
Capital.com operates through multiple regulated entities worldwide, with authorisations from the UK Financial Conduct Authority, Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission, the Securities Commission of The Bahamas, and the UAE Securities and Commodities Authority. This global regulatory footprint supports the broker’s offering of access to forex, indices, commodities, shares, and other markets through its digital trading platforms.
The Kenyan licence positions Capital.com to tap into East Africa’s growing retail trading sector, while maintaining a compliance-led approach.
Read also: Capital.com launches $1 million client insurance in EU
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