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INGOT Brokers Obtains CMA License in Kenya

INGOT Brokers Obtains CMA License in Kenya

May 28, 2023

The Capital Markets Authority (CMA) in the Republic of Kenya issued a license to INGOT Africa Ltd (INGOT Brokers) on Tuesday, November 1, 2022.

The license will allow INGOT Brokers to operate as a Non-Dealing Online Foreign Exchange Broker under the Capital Markets Act (Cap 485 A of the laws of Kenya) and the Capital Markets (Online Foreign Exchange Trading) Regulations, 2017.

The CMA license further cements INGOT Brokers’ efforts to strengthen its presence in Africa and present premium trading services to all investors, following the milestone achieved last September when INGOT RSA (PTY) LTD learned the official Financial Sector Conduct Authority (FSCA) license in South Africa.

INGOT Africa Ltd is dedicated to empowering youth in Kenya and surrounding countries in the cities and in rural areas by providing free education aimed at enhancing financial literacy through INGOT Academy, which is designed to teach and train young individuals on investing and trading financial markets.