
The5ers
9.3/10 $4,000,000
Leading prop firm offering up to $4M funding with flexible trading conditions and reliable payouts
Comprehensive and unbiased reviews of the best prop firms that accept Kenyan traders, with detailed analysis of funding programs, trading conditions, and accessibility.
Research and Reviews by: Patrick Mahinge
Last Updated: August 31, 2025
9.3/10 $4,000,000
Leading prop firm offering up to $4M funding with flexible trading conditions and reliable payouts
9.2/10 $25K - $200K
Versatile prop firm offering forex, indices, and commodities funding up to $200K with flexible evaluation programs and competitive profit splits.
9.2/10 $2,000,000
FTMO is the world's largest prop firm offering up to $2M funding with proven track record and excellent support
9.1/10 $25K - $300K
Leading futures prop firm with up to $300K funding, 90% profit splits, and flexible evaluation programs perfect for Kenyan day traders.
9/10 $50K - $200K
Elite prop trading firm offering up to $200K funding with premium terms, flexible evaluation programs, and focus on professional trader development.
8.9/10 $50K - $150K
Established futures prop firm with proven Trading Combine program, up to $150K funding, and strong educational focus for serious day traders.
8.8/10 $25K - $400K
Premium forex prop firm offering up to $400K funding with competitive profit splits, flexible evaluation programs, and excellent trader support.
8.6/10 $10K - $400K
Transparent forex prop firm offering up to $400K funding with competitive terms, flexible evaluation programs, and strong focus on trader success.
8.3/10 $50K - $500K
Dynamic prop trading firm offering up to $1M funding with unique surge pricing model, flexible evaluation programs, and strong scaling opportunities.
7.8/10 $50,000
Rapidly growing prop firm offering up to $300K funding with competitive conditions and instant funding options
Our prop firm recommendations are the product of extensive research, testing, and a genuine desire to see our fellow Kenyan traders succeed. We've gone beyond surface-level features to understand the essence of what each prop firm offers. By pairing our findings with insights from seasoned traders, we ensure that our recommendations are not just theoretical but practically beneficial.
Our reviews are conducted with strict impartiality. We are not affiliated with any prop firm and our revenue is not dependent on their advertising. This financial independence allows us to provide honest, unbiased assessments to help you make informed decisions.
We don't just repeat what's on a prop firm's website. Our Kenyan-based team personally goes through the entire evaluation process for each prop firm reviewed, from sign-up to simulated trading and payout requests. We verify every claim and document the entire user experience.
Our prop firms analysis is specifically tailored to the needs and context of forex traders in Kenya. We consider local payment methods, customer support accessibility, and the specific trading conditions that matter most to the Kenyan trading community.
We believe in full transparency. Our prop firms review methodology is public, and we clearly outline the criteria we use to rate and rank prop firms. If we make a mistake, we have a clear corrections policy to ensure our information is always accurate and up-to-date.
If you’re a trader in Kenya or someone interested in online forex trading, you’ve probably heard about prop firms. These firms provide traders with the capital to trade, allowing you to access larger sums of money than you might have on their own.
There are probably over 500 prop firms out there, and with this high a number, it can be tough to know which prop firms are the best to work with. That’s why we’ve taken it upon ourselves to thoroughly test various platforms to determine which ones truly stand out.
We didn’t just rely on hearsay or online reviews; we put our own money on the line to ensure we’re giving you prop firm recommendations that you can trust. You can, in fact, explore our full review methodology below.
After our rigorous testing process, The5%ers emerged as the best proprietary trading firm (prop firm) in Kenya.
Throughout our testing process, The5ers’ customer support team consistently provided prompt and knowledgeable assistance.
Their responsiveness and dedication to addressing trader inquiries and concerns were exemplary, ensuring a smooth trading experience.
But most importantly, The5ers’ evaluation process for new traders is straightforward and achievable. With a reasonable 10% profit target and the ability to trade with real money from the start, the process allows traders to showcase their skills without unnecessary hurdles.
The5%ers is a well-established firm, having been in business since 2016, and it has built a reputation for trustworthiness and reliability
Feature | Details |
---|---|
Funding Opportunities | Accounts ranging from $6,000 to over $1 million |
Trading Conditions | Flexible, allowing overnight positions, weekend trading, and trading during news releases |
Profit-Sharing Model | Traders keep 50% of profits generated from the firm’s capital |
Educational Resources | Webinars, live trading sessions, and one-on-one mentorship |
Customer Support | Responsive and knowledgeable, providing prompt assistance |
Evaluation Process | Straightforward, with a 10% profit target and real money trading from the start |
Trading Platform | MetaTrader 5, stable, user-friendly, and efficient |
Reputation | Established prop firm with a solid reputation in the industry |
Table representing information about The5%ers The5ers Official Website
After a thorough testing process where we put more than 100 prop firms to the test, The5%ers emerged as the best prop firm in Kenya for several compelling reasons.
This platform offers a unique blend of features and benefits that cater to both novice and experienced traders, making it an ideal choice for those looking to venture into the world of proprietary trading.
If you’re a trader who values education and hands-on trading interaction with experienced prop firm traders, you’ll definitely love The5%ers.
The5%ers offers a wealth of educational resources, making it one of the best prop firms for beginners. They have free weekly webinars, risk management coaching as well as 1-on-1 performance coaching.
The Funded Trader Program offers an attractive profit split, with traders keeping up to 90% of their profits
Our team of experienced forex traders in Kenya personally put this prop firm through its paces, investing our own money and time to ensure that our assessment is based on firsthand experience and genuine performance evaluation.
Feature | Details |
---|---|
Evaluation Process | Two-step evaluation: Trading Combine and Funded Account Verification |
Funding Opportunities | Up to $400,000 in trading capital for successful traders |
Trading Instruments | Forex, indices, metals, commodities, stocks, and cryptocurrencies |
Trading Platforms | MetaTrader 4, MetaTrader 5, and cTrader |
Profit Split | Traders keep up to 90% of their profits |
Account Scaling | Rapid account scaling opportunities for successful traders |
Educational Resources | Webinars, tutorials, and a comprehensive FAQ section |
Customer Support | Responsive and knowledgeable support team |
Risk Management | Mandatory stop-loss requirement and maximum daily loss limit |
Account Inactivity | Accounts may be subject to termination if inactive for an extended period |
This table highlights the key features and details that make The Funded Trader Program stand out as the second-best prop firm in Kenya based on our testing process. Visit The Funded Trader
After an extensive and rigorous testing process, we can confidently say that The Funded Trader Program is a top-tier proprietary trading firm that offers a wealth of opportunities for traders in Kenya.
We were impressed by the firm’s comprehensive educational resources, which include webinars, tutorials, and a detailed FAQ section. These resources, combined with the responsive and knowledgeable customer support team, create a supportive environment that fosters trader growth and development.
FTUK’s evaluation process consists of a single-step challenge, where traders must achieve a 10% profit target while adhering to a 8% maximum drawdown.
FTUK’s single-step challenge is just one of the many reasons why we highly recommend this prop firm to Kenyan traders. This challenge sets clear and achievable objectives: a 10% profit target with a maximum drawdown limit of 8%.
In addition to the single step evaluation program, FTUK also offers the option for instant funding. The most outstanding aspect of the Instant Funding Program is the opportunity it presents for traders to start with a live account immediately.
This feature is particularly advantageous for experienced traders confident in their trading strategies and risk management skills.
Factor | Details |
---|---|
Funding Programs | Instant Funding (live account) and One-Step Evaluation |
Initial Fee | Starts from $149 (one-time payment) |
Profit Split | Up to 80%, increases with balance scaling |
Trading Platforms | MetaTrader 4 (MT4) and MetaTrader 5 (MT5) |
Leverage | Up to 1:100 |
Trading Instruments | Forex, indices, commodities, metals, cryptocurrencies |
Account Currencies | USD, EUR, GBP |
Scaling Opportunities | Up to $5,760,000 per account |
Educational Resources | Webinars, tutorials, trading academy |
Customer Support | Responsive and knowledgeable |
FTUK’s Instant Funding Program is a game-changer for experienced traders who are ready to hit the ground running.
By offering direct access to a live trading account and an impressive 80% profit share, FTUK demonstrates a strong belief in the abilities of its traders. This program is ideal for those who have honed their skills and are confident in their trading strategies.
For traders who prefer a more traditional route, FTUK’s single-step evaluation process is a breath of fresh air.
The clear objectives and streamlined nature of this challenge allow traders to focus on what matters most – demonstrating their trading prowess. Successful completion of the challenge opens the door to a funded account and the opportunity to trade with significant capital.
FTUK’s Instant Funding Program is a game-changer for experienced traders who are ready to hit the ground running.
By offering direct access to a live trading account and an impressive 80% profit share, FTUK demonstrates a strong belief in the abilities of its traders. This program is ideal for those who have honed their skills and are confident in their trading strategies.
For traders who prefer a more traditional route, FTUK’s single-step evaluation process is a breath of fresh air.
The clear objectives and streamlined nature of this challenge allow traders to focus on what matters most – demonstrating their trading prowess. Successful completion of the challenge opens the door to a funded account and the opportunity to trade with significant capital.
After an extensive evaluation of FTUK’s offerings, we can confidently say that this proprietary trading firm is a top choice for forex traders in Kenya.. FTUK’s instant funding program, especially breaks the mold, allowing traders to bypass the traditional evaluation process and dive straight into live trading with a generous 80% profit share.
TFF understands that time is money. With their One-Phase Funding, you can become a funded trader in as little as five days
Despite being a relatively new player in the prop trading industry, TFF has quickly established itself as a reliable and reputable firm. With verified payouts and a rapidly growing user base spanning 110 countries, TFF is attracting traders from all corners of the globe
Feature | Details |
---|---|
Evaluation Process | - One-step evaluation available, allowing traders to get funded faster |
- Traditional two-phase evaluation also offered | |
- Profit targets: 8% in Phase 1, 5% in Phase 2 | |
- Unlimited free retries if profit target not met without breaching loss limits | |
Trading Conditions | - No stop loss requirement, giving flexibility in risk management |
- News trading allowed | |
- Expert Advisors (EAs) permitted | |
- Weekend crypto trading available | |
- Swap-free accounts offered | |
- Positions can be held over the weekend | |
Funding & Scaling | - Initial capital from $10,000 to $200,000[7] |
- Capital scalable up to $2,500,000 | |
- 80% profit split in favor of the trader | |
Pricing & Fees | - Evaluation fee range: €89 to €998 |
- No monthly fees after passing evaluation | |
- Tight spreads offered compared to trading directly with brokers | |
Platforms & Assets | - MT4, MT5 and cTrader platforms available |
- Forex, indices, metals, commodities, stocks and crypto tradable | |
Reputation & Trust | - 4.7/5 rating on TrustPilot from 1800+ reviews |
- Positive reviews praising customer support, payouts and trading conditions | |
- Verified track record of substantial trader payouts each month | |
- Commitment to transparency and compliance with regulations |
This table, in a nutshell, explain why we think True Forex Funds is one of the best prop firms in Kenya
Beyond the One-Step Evaluation, TFF offers a suite of features that cater to the needs of modern traders in Kenya:
True Forex Funds has garnered positive feedback from the trading community, with an excellent Trustpilot rating of 4.6/5.
This reflects the firm’s commitment to providing a transparent and supportive trading environment.
Traders have praised TFF for its professional service, prompt payments, and the fair trading parameters it offers
News trading involves taking positions in the financial markets based on the release of economic news or data.
This strategy can be highly profitable for traders who can quickly analyze and react to new information.
True Forex Funds allows traders to engage in news trading, a practice often restricted by other prop firms due to the volatility and risk involved.
This freedom is not just a mere policy but a strategic advantage for traders who have the acumen to interpret and act on economic announcements.
Beyond the One-Step Evaluation, TFF offers a suite of features that cater to the needs of modern traders:
FTMO’s commitment to their traders is evident through their comprehensive support system, including educational applications, Account Analysis, and Performance Coaches, all designed to help you on your journey to financial independence
FTMO caught our attention with its unique 2-step Evaluation Process, designed to identify and nurture trading talent.
We dove headfirst into the FTMO Challenge and Verification stages, adhering to their Trading Objectives to demonstrate discipline and experience.
Our journey wasn’t just about passing tests; we engaged with their educational resources, account analysis, and even sought guidance from their Performance Coaches. We wanted to experience everything FTMO had to offer, just like you would.
We were particularly impressed by FTMO’s commitment to building long-term relationships with traders. Their Scaling Plan, which increases your account balance by 25% every four months if you’re consistent and profitable, is a testament to this.
Factor | Details |
---|---|
Reputation | Established in 2015, FTMO has a strong reputation for reliability and timely payouts. They have paid out over $180 million to funded traders. |
Account Sizes | FTMO offers account funding from $10,000 up to $200,000, catering to a broad range of traders. |
Profit Split | FTMO offers an 80% profit split for new traders, which can increase to 90% for consistently profitable traders who meet the Scaling Plan criteria. |
Scaling Opportunities | The FTMO Scaling Plan allows profitable traders to increase their account balance by 25% every 4 months, up to a maximum of $2 million per trader. |
Tradable Assets | FTMO offers a wide range of tradable instruments including forex, commodities, indices, bonds, stocks, metals and cryptocurrencies. |
Trading Platforms | Traders can choose between MetaTrader 4, MetaTrader 5, cTrader and DXtrade. |
Educational Resources | FTMO provides educational content, personalized feedback, account analysis, and access to performance coaches to help traders improve. |
Evaluation Process | To receive funding, traders must pass a 2-step evaluation consisting of the FTMO Challenge and a Verification stage. Some find the 10% profit target and 10% maximum loss limit challenging. |
Demo Accounts | Even after passing the evaluation, FTMO traders operate on demo accounts with fictitious capital. Actual trades may or may not be executed by FTMO. |
Availability | As of January 2024, FTMO is not accepting clients from the United States. |
This table outlines key information about FTMO to help potential traders make an informed decision.
Our hands-on experience with FTMO has shown us that they’re not just another prop firm. They’re a partner invested in your growth and success. We’re confident in recommending FTMO as one of the best prop firms for you to consider in Kenya.
FTMO offers a range of account funding packages, from $10,000 to $200,000, catering to traders of various experience levels and capital requirements. This flexibility allows traders to choose a package that best fits their trading strategy and risk tolerance.
FTMO’s 2-step Evaluation Process, consisting of the FTMO Challenge and Verification stages, is designed to identify skilled traders who can manage risk effectively.
During these stages, traders operate on demo accounts with fictitious capital, trading in a simulated environment. This approach allows FTMO to assess a trader’s abilities without putting real funds at risk.
While some may argue that demo trading doesn’t fully reflect the psychological pressures of trading with real money, it’s important to note that FTMO’s Trading Objectives are designed to test a trader’s discipline and consistency.
By setting clear profit targets and drawdown limits, FTMO can evaluate a trader’s ability to adhere to a structured trading plan, which is a crucial skill in real-world trading.
Once a trader successfully completes the Evaluation Process, they are provided with an FTMO Account, which is also a demo account with fictitious capital. This may seem counterintuitive, but it’s essential to understand FTMO’s business model.
FTMO itself trades on its own account using data from simulated trades executed by selected FTMO clients. By providing traders with demo accounts, FTMO can monitor and analyze their trading strategies without exposing the firm to unnecessary risk.
Traders are rewarded with a share of the profits generated on their FTMO Account, provided they meet certain conditions. This model allows FTMO to scale their business while maintaining a controlled risk environment. It also provides opportunities for traders who may not have the capital to trade at high volumes on their own.
While the use of demo accounts may not appeal to all traders, it’s a key component of FTMO’s risk management strategy.
FTMO offers a range of account funding packages, from $10,000 to $200,000, catering to traders of various experience levels and capital requirements. This flexibility allows traders to choose a package that best fits their trading strategy and risk tolerance.
Funding Pips offers a payout system that is both flexible and trader-friendly. The minimum amount for a payout is set at 1% of the initial balance, including the firm’s split. This means that once you have reached at least 1% profit on your initial balance, you are eligible to request a payout
If you do not like the restrictive rules of other prop firms, Funding Pips will be your friend.
After putting our own money on the line and navigating through the evaluation process, we can confidently say that Funding Pips is a prop firm that stands out for all the right reasons.
Their trader-centric approach, flexible trading conditions, and the potential for growth make them a top choice for traders in Kenya and beyond.
We were particularly impressed by the flexibility in trading conditions. There’s no pressure of time limits on trading days, allowing you to trade at your own pace.
Plus, the ability to use Expert Advisors (EAs), trade during news events, and manage trades over the weekend offers a level of freedom that’s hard to find elsewhere.
This prop firm has a two-phase evaluation process that is rigorous but fair. It’s designed to truly assess a trader’s ability to be consistent and disciplined.
We found this approach to be a great learning experience, pushing us to refine our strategies and risk management practices.
Feature | Details |
---|---|
Headquarters | Dubai |
Account Types | All accounts, including the Master/funded account, are demo accounts connected to the risk management mainframe. |
Evaluation Phases | Two-phase evaluation process: Student Phase (8% profit target) and Practitioner Phase (5% profit target). |
Profit Split | 80% initially, increasing to 90% with a ‘Hot Seat’ status. |
Payout Frequency | Every 5 trading days; on-demand for ‘Hot Seat’ traders. |
Minimum Payout | 1% of the initial balance, including the firm’s split. |
Leverage | 1:100 |
Maximum Trading Capital | Up to $2 million for ‘Hot Seat’ traders. |
Trading Platforms | MT4 and MT5 |
Payment Methods | Skrill, Crypto, Paypal for deposits; Crypto, Bank Transfer, Wire Transfer for withdrawals. |
Scaling Plan | Increases in account size and more favorable loss limits based on performance. |
Maximum Loss Limits | 5% Maximum Daily Loss Limit and 10% Maximum Loss Limit. |
Trading Rules | Allows use of EAs, holding trades during news, over the weekend, and trading lot sizes as big as the leverage allows for. No minimum or maximum limit on trading days. |
Customer Support | Available through Discord, Live Chat, and Twitter. |
This table outlines the key features, rules, and offerings of Funding Pips, providing a clear overview of what traders can expect.
Our experience with Funding Pips has been nothing short of positive, and we believe it offers a genuine opportunity for traders looking to scale their careers without the burden of risking their own capital.
So, if you’re on the fence about which prop firm to go with, we wholeheartedly recommend giving Funding Pips a shot. They’ve not only earned our trust but also our respect for how they empower traders.
Funding Pips has a structured two-phase evaluation process designed to identify and nurture trading talent. This process allows traders to demonstrate their skills and strategy effectiveness over two distinct phases – the Student Phase and the Practitioner Phase.
In the Student Phase, traders must achieve an 8% profit target without breaching any rules, while in the Practitioner Phase, the profit target is set at 5%. This approach ensures that only skilled traders progress, maintaining a high standard within the firm.
Once you become a funded trader with Funding Pips, you’ll receive a payout every 5 trading days with an 80% profit split. If you earn a Hot Seat in their firm, you’ll receive on-demand payouts with a 90% profit split.
They process payouts using bank transfers and crypto.
We tested Funding Pips by opening a $100,000 account and trading with their evaluation program. We’re happy to report that we passed both phases and became funded traders.
We found their platform to be reliable and their trading rules to be fair. We also appreciate their focus on trader development and flexible trading rules.
Here are some additional facts about Funding Pips:
Funding Pips has a structured two-phase evaluation process designed to identify and nurture trading talent. This process allows traders to demonstrate their skills and strategy effectiveness over two distinct phases - the Student Phase and the Practitioner Phase.
In the Student Phase, traders must achieve an 8% profit target without breaching any rules, while in the Practitioner Phase, the profit target is set at 5%. This approach ensures that only skilled traders progress, maintaining a high standard within the firm.
Once you become a funded trader with Funding Pips, you’ll receive a payout every 5 trading days with an 80% profit split. If you earn a Hot Seat in their firm, you’ll receive on-demand payouts with a 90% profit split.
They process payouts using bank transfers and crypto.
We tested Funding Pips by opening a $100,000 account and trading with their evaluation program. We’re happy to report that we passed both phases and became funded traders.
We found their platform to be reliable and their trading rules to be fair. We also appreciate their focus on trader development and flexible trading rules.
Here are some additional facts about Funding Pips:
We spent countless hours trading on SurgeTrader’s platform, analyzing its features, execution speeds, and overall performance. We tested it under various market conditions to gauge its reliability and consistency.
Through our extensive testing, we discovered that SurgeTrader truly shines in several key areas:
SurgeTrader provides traders with virtual funds to trade in the financial markets. This approach has several implications for you as a trader:
Funded Trader Plus is ideal for experienced day traders looking for flexibility and generous profit split potential. It caters to short-term trading styles and offers the potential to earn high percentages of your target profit goal
Funded Trading Plus offers a range of benefits that make it an attractive option for traders in Kenya:
Funded Trading Plus offers a leverage of 30:1, striking a balance between providing ample trading power and mitigating the risk of significant losses.
This leverage level is particularly appealing for traders who prioritize risk management and long-term sustainability over high-risk, high-reward strategies.
FundedNext, with its blend of flexibility, transparency, rewarding profit splits, and a supportive community, stands out as a prop firm that genuinely caters to the needs and aspirations of Kenyan traders.
During our comprehensive testing of FundedNext, we delved into every aspect of their platform, leaving no stone unturned. From the user interface and trading tools to the educational resources and customer support, we scrutinized each element with a critical eye.
The free trial offered by FundedNext presents a unique opportunity to test the waters, understand the platform, and make an informed decision without any financial commitment.
Our experience showed us that FundedNext is not just about attracting new traders; it’s about building a community of successful traders.
Here’s a detailed look at some of the key aspects of FundedNext that you, as a Kenyan trader, might find appealing:
FundedNext offers a 15% profit share from the profits you make during the challenge phases. This is quite generous, as many prop firms do not offer profit sharing until you’ve passed the challenge and are trading with a live funded account.
This feature allows you to earn while you prove your trading skills, making the challenge phase more rewarding.
The absence of a time limit on the challenge phase is a significant advantage. It means you can trade at your own pace without the pressure of a ticking clock. This is particularly beneficial if you have a longer-term trading strategy or if you’re someone who prefers not to rush your trading decisions.
FundedNext employs a balance-based drawdown system, which offers a more flexible risk management approach. Instead of a fixed drawdown limit, your allowable drawdown will adjust with your account balance, giving you more room to maneuver and manage your trades effectively.
Once you’ve successfully passed the challenge and verification phases, FundedNext offers up to a 95% profit share, which is among the highest in the industry. This means that the majority of the profits you make are yours to keep, aligning the firm’s interests with your success as a trader.
FundedNext supports both MetaTrader 4 and MetaTrader 5, which are widely regarded as some of the best trading platforms available. They offer advanced charting tools, custom indicators, and automated trading capabilities, making them suitable for traders of all levels.
The monthly contest is an exciting opportunity to win cash rewards and unlock free accounts. This adds an element of competition and provides an additional incentive to perform well in your trading.
The Express Challenge is designed for traders who want to fast-track their way to a funded account. This option allows you to demonstrate your trading proficiency over a shorter period, making it an attractive choice for experienced traders who are confident in their strategies.
With a leverage of 1:100, FundedNext offers a balanced approach to leverage, giving you the potential to trade larger positions while still maintaining a level of risk management.
It’s important to note that a FundedNext account is a fully simulated account. This means that while you are trading in a simulated environment, the skills and strategies you develop are directly transferable to the real markets. The simulated account allows you to trade without risking personal capital, while still providing a realistic trading experience.
Here’s a detailed look at some of the key aspects of FundedNext that you, as a Kenyan trader, might find appealing:
FundedNext offers a 15% profit share from the profits you make during the challenge phases. This is quite generous, as many prop firms do not offer profit sharing until you’ve passed the challenge and are trading with a live funded account.
This feature allows you to earn while you prove your trading skills, making the challenge phase more rewarding.
The absence of a time limit on the challenge phase is a significant advantage. It means you can trade at your own pace without the pressure of a ticking clock. This is particularly beneficial if you have a longer-term trading strategy or if you’re someone who prefers not to rush your trading decisions.
FundedNext employs a balance-based drawdown system, which offers a more flexible risk management approach. Instead of a fixed drawdown limit, your allowable drawdown will adjust with your account balance, giving you more room to maneuver and manage your trades effectively.
Based on our comprehensive testing and personal investment, we believe Darwinex Zero is a compelling option for Kenyan traders. Its unique blend of affordability, risk-free trading, opportunities for seed capital, and a supportive trading environment makes it a standout choice.
We follow a comprehensive and unbiased process to review and rank the best prop firms for traders in Kenya.
One of the primary attractions of prop firms is the access to significant trading capital they offer. We evaluate the amount of capital provided and the leverage options available. This is important because the right amount of capital and leverage can significantly impact your trading strategies and potential profits.
The profit-sharing model is a key consideration. We look at how profits are split between the firm and the trader, aiming to find firms that offer a favorable and motivating profit share to their traders. This directly impacts your potential earnings from trading with the firm.
How much does the prop firm charge for its challenges? Are they the cheapest? Are the fees refundable? What other fees are involved while trading with them? We ask these and more questions to find out which are the cheapest prop firms in Kenya. And we go beyond just finding the cheapest options. Are they also legit? Understanding the fee structure of a prop firm is vital. We look into how the firm charges its traders, whether through a one-time fee, a subscription model, or a share of the profits. A transparent and fair fee structure is a sign of a reputable firm.
The technology and tools a prop firm offers can greatly affect your trading efficiency and success. We assess the stability and execution speed of their trading platforms, as well as the availability of real-time data and analytical tools. A great trading environment is essential for peak performance.
Many prop firms require traders to pass an evaluation process or trading challenge before offering them funding. We considered the fairness and transparency of this process, including the criteria used to assess traders, the profit targets set, and the risk management rules in place.
Finally, we evaluate the opportunities for growth within the firm, including the potential for increased funding based on performance and the availability of advanced trading accounts. We rated prop firms that support trader growth and development highly compared to those that don't.
Firm | Rating | Max Funding | Min Fee | Success Rate | Kenya |
---|---|---|---|---|---|
9.3 /10 | $4,000,000 | $49 | 15-20% | Yes | |
9.2 /10 | $10K - $200K | $99 | 15-20% | Yes | |
9.2 /10 | $2,000,000 | $155 | 10-15% | Yes | |
9.1 /10 | $25K - $300K | $167 | 12-18% | Yes | |
9 /10 | $25K - $200K | $249 | 25-35% | Yes | |
8.9 /10 | $50K - $150K | $165 | 8-12% | Yes | |
8.8 /10 | $25K - $400K | $290 | 18-25% | Yes | |
8.6 /10 | $10K - $400K | $89 | 20-28% | Yes | |
8.3 /10 | $25K - $1M | $150 | 18-25% | Yes | |
7.8 /10 | $300,000 | $49 | 20-25% | Yes |
Yes, most reputable prop trading firms accept Kenyan traders. However, payment methods and support may vary. We've highlighted Kenya-friendly firms in our reviews.
Challenge fees typically range from $49 to $599 depending on the account size. Most top-rated prop firms offer refundable fees upon successful completion of the evaluation.
The best prop firms in Kenya offer multiple payout methods including Skrill, Wise, PayPal, and bank transfers. Processing times typically range from 1-14 days depending on the method.