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January 19, 2022

HF Markets Group (HotForex) acquires Kenya Capital Markets Authority (CMA) license

HotForex recently acquired the Kenya CMA license to faciliate the service for traders in Kenya.

HotForex - What's now?

After 12 years of rapid growth and becoming a truly global broker of choice with over 3.5 million live accounts opened, on May 2, 2022, HFM is entering a new era with a new name, HFM. Go to the page here to find out more about the new brand.

Do you live in South Africa? Then please go to HotForex ZA (South Africa) main introduction page.

HotForex with Kenya CMA license

The HF Markets Group has recently announced that the entity has acquired a new financial license in Kenya.

HFM Investments Limited, now one of the companies within HF Markets Group is regulated by the Capital Markets Authority (CMA) with license number 155.

From now on, traders with the country of residence Kenya will now have the option to transfer their HF wallet account from HF Markets (SV) Ltd to the Kenya-based entity HFM Investments Limited.

All new and currently pending (not fully approved) clients who reside in Kenya are now invited to open an account with the new regulated Kenya entity, HFM Investments Limited.

What are the benefits of registering under the new Kenya entity? Here are some of the main benefits that you can earn.

  • Be protected by the supervision of the Capital Markets Authority (CMA)
  • Make local payments through local methods
  • Deposit and trade with KES or USD
  • A wide range of HotForex trading products and services available

HF Markets Group continues to grow with more new entities and licenses. By focusing on local’s demands and companies of HF Markets Group will continue to customize the service conditions that differ for each region.

Do you reside in Kenya and want to know more about this update?

Contact HotForex’s support team for inquiries regarding the new license.

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