The world of finance in Kenya is undergoing a digital transformation, driven by rising internet penetration, widespread mobile phone usage, and shifting economic behaviors—accelerated further by global events like the pandemic. As a result, retail online trading, including stock and forex trading, has surged in popularity among Kenyan investors. Whether you're looking to grow your savings, diversify your portfolio, or earn a steady monthly income, online investment platforms in Kenya offer accessible and regulated opportunities for both novice and experienced investors.
From government-backed bond programs to mobile-first trading apps and global market access, Kenyans now have more tools than ever to take control of their financial futures. This guide explores the most reputable platforms, key selection criteria, and essential insights to help you make informed investment decisions.
Top Legit Online Investment Platforms in Kenya
Nairobi Securities Exchange (NSE)
As East Africa’s leading stock exchange, the Nairobi Securities Exchange (NSE) provides a robust platform for buying and selling company securities. Regulated by the Capital Markets Authority (CMA), the NSE ensures transparency and investor protection. With its online trading system, investors can trade stocks remotely, accessing real-time data and executing trades from anywhere in the country.
The NSE connects local investors with both domestic and international markets, making it an ideal starting point for those interested in equities. Whether you're investing in blue-chip Kenyan companies or exploring dividend-paying stocks, the NSE offers a secure and well-established environment.
👉 Discover how to start trading on a global platform today.
Saxo Bank (via SCM DMA)
While Saxo Bank itself isn't directly licensed in Kenya, it partners with SCM DMA (Pty) Ltd, a South Africa-based broker authorized to offer online trading services across Africa. Through this partnership, Kenyan investors gain access to a powerful global trading platform where they can trade stocks, ETFs, forex, commodities, and more.
Saxo Bank is regulated by top-tier authorities such as the UK Financial Conduct Authority (FCA) and the Danish Financial Services Authority (FSA), ensuring high standards of security and compliance. Users can access the platform via the TraderGo app (available on iOS and Android) or through the SCM DMA website.
Trading fees vary by asset class—for example, US stock trades cost $10 per transaction—while deposits and withdrawals are generally free. This makes it a competitive option for those seeking international market exposure.
Faida Investment Bank – Faida M-Trader
Faida Investment Bank stands out as one of Kenya’s most trusted investment institutions. Its digital platform, Faida M-Trader, allows clients to trade securities seamlessly via mobile or web. Available for both iOS and Android users, the app provides real-time market data, portfolio valuation reports, and research-driven insights.
What sets Faida apart is its commitment to investor education and transparency. Clients receive regular market recommendations, transaction statements, and performance analytics—tools that empower informed decision-making. For Kenyans focused on long-term wealth creation through local equities, Faida M-Trader is a top-tier choice.
SBG Securities Kenya – iTrader & M-Shares
SBG Securities, part of Stanbic Bank Kenya, offers two convenient trading solutions: iTrader (web-based) and M-Shares (mobile/USSD). The iTrader platform provides 24/7 access to real-time market prices, order execution, and detailed reports on holdings and portfolio performance.
For users without smartphones, M-Shares is a game-changer. By dialing *209#, investors can register and begin trading shares directly from their basic mobile phones—a feature that significantly enhances financial inclusion across rural and urban areas alike.
This dual-access model makes SBG one of the most inclusive online investment platforms in Kenya.
NCBA Online Share Trading (OST)
NCBA Group’s Online Share Trading (OST) platform enables investors to trade equities, fixed-income instruments, government treasury bonds, corporate bonds, and derivatives—all through a secure web interface or mobile app.
One of the key advantages of NCBA OST is its integration with existing banking services, allowing seamless fund transfers between accounts. Investors can participate in both primary and secondary bond markets, making it ideal for those seeking stable returns through low-risk government securities like M-Akiba.
The availability of a dedicated mobile app for Android and iOS further enhances accessibility and convenience.
Hisa App – Global Market Access
The Hisa app is revolutionizing how young Africans invest by removing barriers to global markets. With Hisa, Kenyans can invest in US stocks, ETFs, bonds, mutual funds, and forex—all from their smartphones.
A standout feature is fractional share investing, which allows users to buy portions of high-priced stocks like Apple, Amazon, Tesla, and Google with as little as $1. This democratizes access to some of the world’s most valuable companies and supports portfolio diversification beyond local markets.
Hisa’s user-friendly interface, low entry threshold, and educational resources make it especially appealing to first-time investors.
👉 Start building a diversified global portfolio now.
Is Forex Trading Legal in Kenya?
Yes—forex trading is legal in Kenya and regulated by the Capital Markets Authority (CMA). However, it's crucial to use only CMA-licensed brokers to avoid scams. While platforms like FXPesa have been mentioned in past discussions, investors should conduct thorough due diligence before committing funds.
Forex carries higher risk than traditional investing due to market volatility and leverage. It's best suited for individuals with some trading experience and a clear risk management strategy.
How to Choose the Best Online Trading Platform in Kenya
Selecting the right investment platform depends on several key factors:
1. Regulation & Security
Ensure the platform is regulated by recognized authorities such as the CMA, FCA, or equivalent. This protects your funds and personal data from fraud.
2. Fees & Charges
Compare costs for deposits, withdrawals, trades, and inactivity. Hidden fees can erode profits over time.
3. Market Access
Do you want to invest locally or globally? Platforms like Hisa and Saxo Bank offer international access, while NSE and NCBA focus on Kenyan markets.
4. User Experience
Look for intuitive interfaces, mobile apps, customer support, and educational tools—especially if you're new to investing.
5. Deposit & Withdrawal Options
Choose platforms that support M-Pesa, bank transfers, or other convenient local methods for smooth transactions.
Frequently Asked Questions (FAQs)
Q: Can I invest in US stocks from Kenya?
A: Yes—platforms like Hisa and Saxo Bank (via SCM DMA) allow Kenyans to buy shares in major US companies such as Apple, Amazon, and Tesla.
Q: Are online investment platforms in Kenya safe?
A: Reputable platforms regulated by the CMA or international bodies are generally safe. Always verify licensing and read user reviews before signing up.
Q: What is the minimum amount needed to start investing in Kenya?
A: It varies—some platforms like Hisa allow investments starting at $1, while others may require higher initial deposits depending on the asset class.
Q: Can I earn monthly income from investments in Kenya?
A: Yes—options include dividend-paying stocks, M-Akiba bonds (which pay quarterly interest), mutual funds, and fixed-income securities offered by NCBA and others.
Q: Is M-Akiba available on mobile?
A: Yes—M-Akiba allows Kenyans to invest in government treasury bonds directly via mobile money (M-Pesa), making it one of the most accessible investment tools in the country.
Q: Which platform is best for beginners?
A: The Hisa app is highly recommended for beginners due to its simplicity, low entry cost, educational content, and fractional share investing.
👉 Unlock access to advanced trading tools and global assets now.
Whether you're aiming for short-term gains or long-term wealth building, Kenya’s digital investment landscape offers diverse pathways to financial growth. By choosing regulated platforms aligned with your goals—and leveraging tools that support education and ease of use—you can confidently navigate the future of investing.