FXTM information and reviews
FXTM
93%
IronFX information and reviews
IronFX
92%
Libertex information and reviews
Libertex
91%
FXCC information and reviews
FXCC
90%
Markets.com information and reviews
Markets.com
89%
FxPro information and reviews
FxPro
88%
EUR/USD
1.1726
BTC/USD
43 505.82
GBP/USD
1.3657
USD/JPY
109.3880
USD/CHF
0.9278
USD/CAD
1.2820
EUR/JPY
128.2692

Exinity Group receives CMA license from Kenya


13 November 2020

Exinity Group today announced that it has obtained a license from Kenya’s Capital Markets Authority (CMA) to operate as a regulated non-dealing forex broker. The Group joins just three other brokers who are regulated to offer trading services including forex to retail clients in Kenya.

This new license is the latest addition to Exinity Group’s regulatory portfolio in the Africa region, joining licenses from the Financial Sector Conduct Authority of South Africa and the Financial Services Commission of the Republic of Mauritius.

Commenting on receiving the CMA license, Olga Rybalkina, CEO of Exinity Group said:

"Kenya is one of the most exciting emerging markets in Africa, where enthusiasm for trading and investing is at an all-time high. It is renowned for being one of the fastest-growing economies with an innovative regulator such as the CMA. Acquiring the coveted license fills us with confidence and great anticipation for our future in this dynamic region. In the coming months we will be launching innovative risk-based trading and investing solutions designed to help ambitious individuals capture opportunity in the financial markets".

Newly-appointed Country Manager of Exinity Capital East Africa, Duncan Kinuthia, added:

"Exinity’s services will combine low cost access to global financial markets with insight and coaching from market experts and personal support, all accessible through an innovative mobile app designed for those new to trading or investing. More experienced and demanding traders will be served by an unrivalled offering on the MetaTrader platform with spreads from zero and commissions of just $0.20 per lot. We are in the process of setting up our new East Africa hub in Nairobi and look forward to welcoming new clients in 2021".

About Duncan Kinuthia


With over 17 years of experience in the financial services industry after working with some of the largest commercial banks in Kenya, Duncan has an avid interest in the fast-moving financial market after having traded for commercial banks as well as raising equity for SMEs in Kenya. Duncan is a firm believer of "Change is the only constant in life", he enjoys taking up new challenges in the financial market space and help businesses reach their full potential.

About Exinity Group


Exinity Group is a new global wealth engine backed by over 20 years of experience in trading and investment. The Group is home to its various retail businesses including Alpari International, ForexTime (FXTM) and new retail offering under the same name, Exinity. Our story goes back to the first days of online Forex trading with the founding of the Alpari Group in 1998. A pioneer of the MetaTrader platform, Alpari expanded rapidly in the world’s emerging markets and was joined in 2011 by our sister brand, FXTM. Together, both brands have established a strong global presence in online trading, serving over two million clients in 180 countries from regulated centres across three continents. Exinity, our new wealth engine solution sits alongside our established forex trading brands and AcruPay, our new money transfer and payments service.


Related

Trade Forex CFDs with your Multi-Asset Broker IronFX
Trade Forex CFDs with your Multi-Asset Broker IronFX

With over 1.200.000 million retail clients, the best trading conditions and a 24/5 multilingual support, IronFX is the preferred choice for those who want to trade Forex CFDs...

20 Sep 2021

El Salvador Just Became Latin America's First Bitcoin Nation
El Salvador Just Became Latin America's First Bitcoin Nation

Why crypto is more than a currency and how El Salvador just became Latin America's first bitcoin nation. Last week, El Salvador became the first country in the world...

20 Sep 2021

The Full Crypto Trading in FBS Trader
The Full Crypto Trading in FBS Trader

FBS Trader, an all-in-one trading platform, released a Crypto account to expand crypto trading opportunities. Keeping up with trends, the FBS broker aspires to create...

17 Sep 2021

Olymp Trade's 7 Years of Super Trading
Olymp Trade's 7 Years of Super Trading

Olymp Trade's 7th anniversary will be marked by a unique trading tournament, the Super 7 Quest. Traders can manifest their superpowers and earn rewards!

17 Sep 2021

New Economic Calendar Feature Added to FBS Personal Area and Apps
New Economic Calendar Feature Added to FBS Personal Area and Apps

FBS, an internationally recognized online trading broker, has added a new Economic Calendar feature to its browser Personal Area and the apps: FBS - Trading Broker and FBS Trader...

17 Sep 2021

HotForex offers CFD Trading on 900+ DMA Stocks
HotForex offers CFD Trading on 900+ DMA Stocks

Traders with the internationally acclaimed multi-asset broker HotForex can expand their portfolio by trading CFDs on more than 900 DMA stocks - meaning they can place their...

16 Sep 2021


Editors' Picks

OctaFX information and reviews
OctaFX
86%
HotForex information and reviews
HotForex
85%
XM information and reviews
XM
80%
FXCM information and reviews
FXCM
79%
Vantage FX information and reviews
Vantage FX
78%
Moneta Markets information and reviews
Moneta Markets
77%

© 2006-2021 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.