Online forex trading in Kenya

For traders in Kenya, the most liquid currency pairs tend to be those with high trading volumes and lower spreads. Major pairs like AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDCHF, and USDJPY are widely traded and available for swap-free trading at Exness.

Kenyan traders also frequently trade minor pairs such as AUDCAD, CADCHF, EURAUD, and GBPCHF. Many of these pairs come with no overnight charges. Additionally, some traders explore exotic pairs like USDZAR or USDMXN, which may present unique trading opportunities due to their volatility.

To find out which minor and exotic pairs qualify for swap-free trading, refer to the instrument table on this page. Our trading platform provides real-time insights on market liquidity, helping you refine your strategy based on live data.

Leverage allows Kenyan traders to amplify their positions using borrowed funds, providing access to larger trade sizes with a smaller initial investment.

When used wisely alongside a structured risk management plan, leverage can enhance potential returns. However, higher leverage also increases exposure to risk. Conservative traders in Kenya may prefer lower leverage to manage potential losses, whereas those with a higher risk appetite might opt for increased leverage to maximize gains.

Before selecting a leverage level, traders must assess their risk strategy and continuously monitor margin requirements. Adjusting leverage as market conditions shift is key to effective trading.

Margin represents the funds required to open and maintain a trading position. It acts as collateral to ensure that traders can manage market fluctuations effectively.

Kenyan traders must keep sufficient margin in their accounts to prevent automatic position liquidation. Monitoring free margin levels is essential, as falling below the required amount could trigger a margin call.

Understanding margin requirements is critical to risk management. Utilize tools like margin calculators to assess the necessary funds before placing a trade, ensuring you maintain control over your exposure.

Market-moving news events can cause sharp volatility and price gaps, increasing risk levels for forex traders in Kenya. This is why Exness caps leverage at 1:200 during key economic announcements for affected instruments.

If multiple high-impact news releases occur within a short window, the increased margin requirement period may be extended. You will receive an email with details of the changes.

Economic reports, central bank statements, and geopolitical developments are among the major events that can impact forex trading. Traders in Kenya can refer to the economic calendar to stay ahead of these events and plan their positions accordingly.

Yes, margin requirements adjust over weekends and holidays to account for lower liquidity and potential volatility. During these periods, a maximum leverage of 1:200 applies to all forex trades.

Kenyan traders should consider these changes when planning trades, as spreads may widen, and price movements could become more erratic. To avoid unnecessary risk, traders can choose to close positions before the weekend or adjust their exposure accordingly.

For updates on upcoming holidays and their impact on trading, refer to the trading schedule provided by Exness.

Margin requirements for the opening of new positions will be calculated on a maximum leverage of 1:200 from Friday at 18:00 GMT (three hours before the forex market closes) to Sunday at 22:00 GMT (one hour after the market opens).

For one hour after the market opens, Kenyan traders' positions will remain at the increased margin requirements.

One hour after the market opening, the margin on positions opened during the period of increased margin requirements is recalculated based on the amount of funds in your account and the leverage you’ve set.