2023-09-21

Guidance to all Dealing and Non-Dealing Online Foreign Exchange Brokers

The Capital Markets Authority requires all licensed online foreign exchange brokers to calculate and submit quarterly client loss ratios based on retail CFD trading performance. Brokers must implement mandatory margin stop-out and negative balance protection measures for all client accounts. Additionally, the circular mandates strict adherence to standardized, prominent risk warnings across all marketing and client communications to ensure investor transparency.

Capital Markets Authority Kenya logo

Kenya

Capital Markets Authority Kenya

Click to view full text