Complete Account Types Overview for Exness Trading in Kenya

Understanding Exness Account Categories in Kenya

Our company offers four main account types tailored for Kenyan traders interested in forex, cryptocurrencies, and commodities. Each account has specific spread models, leverage options, and fee structures to suit different trading preferences. We ensure compatibility with MetaTrader 4 and MetaTrader 5 platforms across all accounts. Kenyan clients can use desktops, web browsers, or mobile devices on Android and iOS. Deposits start from $10 USD equivalent via M-Pesa, Airtel Money, local banks, or crypto options including Bitcoin and USDT.

Account verification requires valid Kenyan IDs such as National ID or Passport, usually completed within 24 hours. This enables full access to deposits, withdrawals, and trading functionalities.

Standard Account Features for Kenyan Traders

The Standard account is designed for Kenyan traders starting forex trading with low deposit requirements. We offer spreads from 0.1 pips on major currency pairs like EUR/USD and GBP/USD without commissions. Leverage can reach up to 1:2000 on forex pairs. Over 120 currency pairs, metals, and cryptocurrencies are available for trading. The account supports unlimited open positions and both hedging and netting modes.

Standard Account Trading Conditions

Margin calls trigger at 30% and stop-outs at 20%, providing risk management safeguards. Hedging allows simultaneous buy and sell positions on the same instrument, while netting consolidates positions to optimize margin use. We also offer swap-free accounts compliant with Islamic finance principles, eliminating overnight fees.

Deposit Methods for Standard Accounts

Kenyan clients can deposit instantly via M-Pesa mobile money in KES, with automatic conversion to USD at competitive rates. Bank transfers through Equity Bank, KCB, or Cooperative Bank take 1-3 business days. Cryptocurrencies such as Bitcoin, Ethereum, and USDT are accepted with confirmation times from 10 minutes to one hour. No fees apply on crypto deposits exceeding minimum amounts.

Professional Account Options in Kenya

The Pro account targets Kenyan traders with larger capital and experience seeking tighter spreads and advanced tools. Spreads start at 0.1 pips with no trading commissions. The minimum deposit is $200 USD equivalent. Leverage up to 1:2000 applies across 120+ instruments including exotic pairs and additional cryptocurrencies.

Advanced Trading Features

Clients can use Expert Advisors (EAs) for automated trading on MT4 and MT5. Our platform supports custom indicators and backtesting to refine strategies. API access is available via REST and FIX protocols for institutional-grade trading and high-frequency strategies. We offer discounted VPS hosting to maintain uninterrupted EA performance for Kenyan traders meeting volume requirements.

Platform Integration

The Pro account grants full access to economic calendars, live news feeds, and market sentiment tools within the trading platforms. These assist Kenyan traders in making informed decisions based on real-time data and fundamental analysis.

Zero Spread Account Specifications

Zero accounts provide zero spreads on major forex pairs during active sessions, charging fixed commissions instead. The commission is $3.50 per lot per side, ensuring transparent costs for high-volume traders. The minimum deposit is $500 USD equivalent. Leverage up to 1:2000 remains consistent with other accounts.

Commission Structure Details

Commissions are proportional to trade volume, with partial lots charged accordingly. The fee applies on both opening and closing trades, totaling $7.00 for a round trip on one standard lot EUR/USD. Volume-based discounts start at $3.00 per side for monthly volumes exceeding 100 lots.

Trading Session Timings

Zero spreads apply to EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CHF, USD/CAD, and NZD/USD during London and New York sessions. Other instruments maintain competitive floating spreads from 0.1 pips. Execution speed averages 0.1 seconds, catering to scalping and fast trading styles.

Raw Spread Account for Professional Trading

Our Raw Spread account offers direct interbank spreads from 0.0 pips and commissions of $3.50 per lot side. This account is intended for Kenyan institutional clients and professional traders seeking maximum pricing transparency. Liquidity comes from tier-1 banks and prime brokers, ensuring top-tier execution quality.

Institutional Trading Features

The account supports all trade types including scalping and high-frequency trading. Advanced order types such as iceberg, TWAP, and VWAP algorithms are available. We provide dedicated account management, custom reports, and priority support for Kenyan clients.

Credit Facilities

Qualified clients may access credit lines allowing leveraged trading beyond standard margins. Eligibility is based on trading history, financial documents, and risk controls.

Platform Integration and Setup Process

Exness supports both MetaTrader 4 and MetaTrader 5 platforms on all account types for Kenyan traders. The platforms provide identical features including charting, order types, and account management. Setup begins by creating a Personal Area account with a valid email and password. Identity verification with Kenyan ID documents is mandatory to enable deposits and withdrawals.

MetaTrader 4 Configuration Steps

Download MT4 from the Personal Area dashboard after verification. Install with admin rights on Windows or following standard macOS procedures. Launch MT4, select “Login to Trade Account,” and enter your account number, password, and server details. Customize charts, timeframes, and enable one-click trading for efficient order placement.

MetaTrader 5 Setup Instructions

Download MT5 from your verified Personal Area dashboard matching your operating system. Connect using credentials provided, typically labeled with “Exness” and geographic tags. Customize your workspace with preferred chart layouts, indicators, and watchlists. Save settings to maintain your environment across sessions.

Account Management and Maintenance

Personal Area dashboard provides real-time monitoring of balances, trade history, and performance metrics in Kenyan Shillings. Kenyan clients can manage up to 200 trading accounts under one login. Features include leverage adjustment, account switching, and risk management tools like stop-loss and take-profit automation.

Security and Compliance Measures

We use bank-grade SSL encryption for all client communications. Kenyan clients benefit from regulatory oversight by Kenya’s Capital Markets Authority under license PVT-LRUDJJB. Client funds remain segregated in tier-1 bank accounts, never used for operational expenses or proprietary trading.

Additional Account Features

The dashboard allows password management and two-factor authentication setup via SMS or authenticator apps. Detailed analytics provide win rates and average trade durations. Automated trading permissions enable Expert Advisor deployment with controlled risk parameters.

Deposit and Withdrawal Procedures

We facilitate deposits through M-Pesa, Airtel Money, local banks, Bitcoin, and USDT, matching Kenyan trading preferences. Most deposits are instant except bank transfers taking 1-3 business days. Withdrawals through mobile money methods process within the same day, while bank wires may take 1-3 days.

Verification requires identity documents, proof of address, and payment confirmation. Kenyan clients usually complete this within 24 hours. Withdrawal methods must match deposit sources to comply with anti-money laundering regulations. Additional verification may be necessary for first-time withdrawals.