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BEST OIL BROKERS IN KENYA

The top oil brokers for Kenya provide seamless access to major global crude oil benchmarks (WTI and Brent). Our ranking assesses platforms based on their ability to offer tight, stable spreads, reliable execution during volatile events, and clear, flexible margin options. These brokers are crucial for Kenyan traders looking to capitalize on, or hedge against, global energy price fluctuations.

2025-10-22

A good choice

Ranking Methodology

To compile the ranking, we rely on a professional criterion that follows these steps:

We test the platforms based on several basic parameters (see list).
We test the platforms based on ranking-specific parameters.
We ensure the results are accurate (consistency and absence of outliers).
We verify on social media and forums that our parameters are socially sound and that no relevant negative reviews exist.
We present and publish the ranking.

Basic Testing Parameters for Apps Included in the Ranking

They allow accounts to be opened by local clients; meaning we exclude platforms not available in certain countries.
Regulatory compliance and security.
Transparency, reputation, and data protection.
Total costs (commissions, spreads, non-trading fees, deposits/withdrawals).
User experience (UX/UI), stability, and performance (uptime, latency).
Platform and tools (charts, alerts, backtesting, mobile, desktop, API).
Execution and liquidity (order quality, slippage, depth).
Customer support (languages, coverage, response times).
Education and resources (guides, research, demos, simulators).

Specific Parameters for the Commodities Ranking

Range of commodities available (energy, metals, agricultural, soft commodities).
Access to global commodities markets (NYMEX, ICE, LME, CBOT, CME).
Spreads and specific costs on commodity contracts.
Leverage and margins applicable to commodity trading.
Availability of spot, futures, and commodity-based ETFs.
Execution quality and market depth in volatile commodities.
Analytical tools for supply and demand (stocks, inventories, seasonality).
Availability of specialised research on commodity markets.

Our ranking

DISCOVER THE TOP OPTIONS

Ranking

# 1

FxPro

FxPro tops this ranking for commodities trading, offering access to a wide range of energy, metal, and agricultural CFD markets with institutional-grade precision. Traders can operate on key assets such as Gold, Silver, WTI, Brent, and Natural Gas through the broker’s high-performance infrastructure, designed for stability during volatile sessions. FxPro’s multi-platform offering—MT4, MT5, and cTrader—supports both manual and automated strategies, giving traders flexibility to manage short- and long-term positions efficiently.The broker delivers ultra-fast execution speeds averaging 13 ms, tight spreads starting from 0.5 pips on majors like Gold, and leverage of up to 1:200 for professional clients. Real-time analytics, advanced charting, and integrated Trading Central signals provide powerful decision support across commodity markets. Combined with transparent pricing and deep liquidity from Tier-1 providers, FxPro secures its #1 position in this ranking for traders seeking reliable and efficient access to global commodity markets.

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# 2

XM is a global broker with over 10 million users, regulated in Australia, Cyprus, Belize, and the UAE, with an active presence in more than 190 countries. It offers more than 1,000 instruments including forex, stocks, indices, commodities, and crypto CFDs. Its low initial deposit, robust educational platform, and compatibility with MT4/MT5 make it ideal for beginner traders as well as more advanced operators.

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# 3

AvaTrade

AvaTrade is a global broker with a presence since 2006 and is regulated in multiple jurisdictions including Ireland, Australia, and Japan. It offers a wide variety of platforms — including MT4, MT5, AvaTradeGO, and AvaSocial — to trade forex, stocks, crypto, and more. Its offering combines advanced technology, regulatory security, and social trading tools. Ideal for both beginners and experienced traders.

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Not sure?

How to open an Investment Account

Opening an investment account in Kenya is straightforward once you’ve picked a provider. The process works the same whether you’re investing in stocks, ETFs, bonds, crypto or real estate.

Go to the official website: Click “Open account” or “Get started”.
Fill out your details: Name, email, phone, country. You’ll need a Kenyan ID or passport, plus proof of address such as a Kenya Power electricity bill or a recent bank statement (within 3 months).
Approval process: Some approvals are instant, others take a few days.
Set account parameters: Adjust preferences and risk limits once approved.
Fund the account: Deposit via card, bank transfer, or mobile money (e.g. M-Pesa).

And you can start investing.