The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Trading all over the world

Kenya's retail FX sector is taking off.

Thanks to the John Lothian newsletter ( for alerting me to a story that appeared in the Business Daily Africa about retail FX taking off in Kenya. The article starts: “Supported by a stable and rapidly expanding economy, Kenyans are taking huge risks in their choice of investments. Many are now taking bets in foreign exchange futures and commodities markets from the convenience of their office computers.” The report went on to detail the activities of a company called Genius Forex – and there was me thinking Goldman had the trademark on that name – that is acting as an introducing broker to Capital Markets Services CMS Forex.

The story is perhaps further proof that the potential of the retail sector is far from exhausted. It is no wonder, therefore, that the big banks are all rushing in.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree