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The Capital Markets Authority official logo
Offshore

The Capital Markets Authority

About The Capital Markets Authority

No Description Available

This regulator does not have a detailed description available at the moment.

Contact Information

website icon

Main Site

https://www.cma.or.ke/
phone icon

Phone

'+254 722 207767
at icon

Email

[email protected]
Country
Kenya
Jurisdiction
Government Reg.
Established in
1989
Forex Regulation

Performance Metrics

Regulator Performance Overview

57
Overall Rating
1
Licensed Brokers
High
Transparency Index
Tier 2
Global Tier
IOSCO Member

Key Performance Indicators

Total Rating

340

Total cumulative score across all categories
Average Rating

57

Average score across all performance metrics
Years Active

37

Years of regulatory operation
Active Licenses

1

Currently active licenses
Regulated Instruments

0

Types of financial instruments
Geographical Coverage

1

Countries under jurisdiction

Client Protection Details

Client Fund Insurance

Insurance coverage protecting client deposits and funds

✓
Status:Investor Compensation Fund up to KES 100k
Coverage: Investor Compensation Fund up to KES 100k

Account Managed Separately

Requirement for client funds to be held separately from company funds

✗

Operational Metrics

compliance
Transparency Level

High

market
Market Position

Tier 2

Compliance Status

IOSCO Membership
Member of International Organization of Securities Commissions
✓ Compliant
FATF Membership
Financial Action Task Force compliance
✗ Not Available

Regulatory Performance Scores

Detailed assessment of regulatory capabilities and effectiveness

Below Average
57SCORE
Overall Rating
0
Excellent
0
Excellence Rate
70
Highest Score

Regulatory Support Features

Negative Balance Protection
Not Supported
Investment Professional
Not Supported
Account Managed Separately
Not Supported

Core Performance Metrics

Detailed breakdown of the 6 key regulatory performance indicators

License Value

Value and prestige of licenses issued by this regulator

65
out of 100
Average
Regulatory

Effectiveness of regulatory framework and enforcement

70
out of 100

Performance Summary

This regulator shows below average performance with an overall score of 57.

Strongest performance in Regulatory

Transparency Level: high

Global Tier: tier2

IOSCO Member
57
Overall
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Status:
Not Supported

Negative Balance Protection

Protection against negative account balances in trading

✗
Status:Not Supported

Investment Professional Support

Access to qualified investment professionals and advisory services

✗
Status:Not Available
regulatory
Regulatory Approach

Government-regulated

Coverage
Prohibited Countries

North Korea – UN-sanctioned countries

Fund Insurance
Client fund protection schemes available
✓ Compliant
Account Managed Separately
Mandatory client account segregation
✗ Not Available
0
Above Average
Good
Institutional

Institutional strength and organizational capability

60
out of 100
Average
Risk Management

Risk assessment and management protocols

55
out of 100
Average
Investment Protection

Investor protection measures and safeguards

50
out of 100
Average
Client Fund Insurance Rating

Client fund protection and insurance coverage

40
out of 100
Needs Improvement

Licensed Brokers

Brokers authorized and regulated by this authority

4 Licensed Brokers
Amana Capital Ltd logo

Amana Capital Ltd

United Arab Emirates
Est. 2010
DFSA
67.4
Regulated
Arqaam Capital logo

Arqaam Capital

Est. 2007
DFSA
39.4
Regulated
Trust Capital Ltd logo

Trust Capital Ltd

Seychelles
Est. 2019
CySEC
38.3
Offshore
VakıfFX logo

VakıfFX

Turkey
Est. 2012
CMA
30.1
Regulated
View All Licensed Brokers
Performance Metrics (3 factors)
Regulation
75
License
76
Software
51
Spread
N/A
1:100
2 Platforms
Regulated in:
United Arab Emirates flagUnited Arab EmiratesLebanon flagLebanonLebanon flagLebanon+4 more licenses
View Details
Performance Metrics (4 factors)
Regulation
34
License
59
Software
51
Account Type
14
1:100
2 Platforms
Regulated in:
United Arab Emirates flagUnited Arab EmiratesCayman Islands flagCayman IslandsSaudi Arabia flagSaudi Arabia+2 more licenses
View Details
Performance Metrics (4 factors)
Regulation
34
License
60
Software
51
Account Type
8
1:1000
2 Platforms
Regulated in:
Cyprus flagCyprusLebanon flagLebanonSeychelles flagSeychelles
View Details
Performance Metrics (4 factors)
Regulation
4
License
42
Software
50
Account Type
24
1:10
1 Platform
Turkey flagTurkey
View Details