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Capital.com Enters Kenya, Gains Local Licences and Appoints CEO

Thursday, 15/01/2026 | 07:14 GMT by Arnab Shome
  • The broker can now offer online forex and trading services under the regulatory framework of the CMA.
  • It has appointed Samwel Kiraka as CEO for its operations in Kenya.
A flag of Kenya
A flag of Kenya

Capital.com has officially entered Africa after obtaining a new licence from the regulator in Kenya. As a local Dealing Online Foreign Exchange Broker, it can now offer online forex and trading services to clients in the country.

A New CEO for Kenyan Operations

The brokerage brand has also appointed Samwel Kiraka as Chief Executive Officer for its operations in Kenya.

Samwel Kiraka, CEO Kenya at Capital.com
Samwel Kiraka, CEO Kenya at Capital.com

He will be responsible for establishing and overseeing local operations in line with Kenya’s Capital Markets Authority (CMA) requirements, including governance, compliance, and client operations.

Kiraka highlighted that one of the brand’s priorities would be “to build local operations that meet regulatory and operational expectations from day one”.

Capital.com's Growing Footprint

Capital.com is already regulated in the UK, Cyprus, Australia, the Bahamas, and the UAE. The broker is now seeking a licence in multiple other jurisdictions, which would further stress its global presence.

FinanceMagnates.com earlier reported that Capital.com has also applied for a regulatory licence in South Africa.

Valentina Rzheutskaya, Executive Director at Capital.com
Valentina Rzheutskaya, Executive Director at Capital.com

It is also seeking licences in Japan and Turkey and is hiring CEOs for its operations in Brazil and Chile, signalling expansion into those countries as well.

“Operating under local regulatory supervision is a fundamental requirement for offering financial services responsibly,” said Valentina Rzheutskaya, Executive Director at Capital.com. “The CMA licence provides a clear framework for how we operate in Kenya, including how we communicate risk, support clients, and maintain appropriate controls.”

Meanwhile, many other CFD brokers have established local presence in Kenaya over the past few years. IC Markets, FP Markets, Pepperstone, Exness, Admirals, INGOT Brokers, Scope Markets, and Exinity - all of them are now regulated in Kenya and operating there locally.

Capital.com has officially entered Africa after obtaining a new licence from the regulator in Kenya. As a local Dealing Online Foreign Exchange Broker, it can now offer online forex and trading services to clients in the country.

A New CEO for Kenyan Operations

The brokerage brand has also appointed Samwel Kiraka as Chief Executive Officer for its operations in Kenya.

Samwel Kiraka, CEO Kenya at Capital.com
Samwel Kiraka, CEO Kenya at Capital.com

He will be responsible for establishing and overseeing local operations in line with Kenya’s Capital Markets Authority (CMA) requirements, including governance, compliance, and client operations.

Kiraka highlighted that one of the brand’s priorities would be “to build local operations that meet regulatory and operational expectations from day one”.

Capital.com's Growing Footprint

Capital.com is already regulated in the UK, Cyprus, Australia, the Bahamas, and the UAE. The broker is now seeking a licence in multiple other jurisdictions, which would further stress its global presence.

FinanceMagnates.com earlier reported that Capital.com has also applied for a regulatory licence in South Africa.

Valentina Rzheutskaya, Executive Director at Capital.com
Valentina Rzheutskaya, Executive Director at Capital.com

It is also seeking licences in Japan and Turkey and is hiring CEOs for its operations in Brazil and Chile, signalling expansion into those countries as well.

“Operating under local regulatory supervision is a fundamental requirement for offering financial services responsibly,” said Valentina Rzheutskaya, Executive Director at Capital.com. “The CMA licence provides a clear framework for how we operate in Kenya, including how we communicate risk, support clients, and maintain appropriate controls.”

Meanwhile, many other CFD brokers have established local presence in Kenaya over the past few years. IC Markets, FP Markets, Pepperstone, Exness, Admirals, INGOT Brokers, Scope Markets, and Exinity - all of them are now regulated in Kenya and operating there locally.

Topics
Capital.com
Kenya
About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 7250 Articles
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    Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how. Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss: - Exness’s marketing approach in South Africa - What makes their trading product stand out - Customer retention vs. acquisition strategies - The role of local influencers - Managing growth across emerging markets 👉 Watch the full interview for fundamental insights into the future of trading in Africa. #Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates

    Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how. Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss: - Exness’s marketing approach in South Africa - What makes their trading product stand out - Customer retention vs. acquisition strategies - The role of local influencers - Managing growth across emerging markets 👉 Watch the full interview for fundamental insights into the future of trading in Africa. #Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates

    Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how. Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss: - Exness’s marketing approach in South Africa - What makes their trading product stand out - Customer retention vs. acquisition strategies - The role of local influencers - Managing growth across emerging markets 👉 Watch the full interview for fundamental insights into the future of trading in Africa. #Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
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