[Kenya] Fintech Exinity launches a new trading service for retail clients
Exinity, the new wealth engine with an ambition to unlock the value of risk-driven trading for ambitious individuals, today launched Exinity Trader in Kenya. Exinity Trader, a trading platform, brings access to opportunities in equity, forex, and commodity markets with the promise of low trading costs and great customer support.
Exinity Trader is the first of Exinity’s products to launch in Kenya and will be followed in early 2022 by its flagship mobile app Exinity World. Both Exinity Trader and Exinity World are designed to help investors take more confident control of their financial future by empowering them to make investment decisions to build and manage their wealth.
Lex Webster, Co-CEO, said, "The new generation of investors and traders needs financial tools that provide them with a frictionless experience, support their financial literacy, and help them grow their wealth. That's why Exinity, with more than two decades of expertise and experience, is setting new standards with our solutions so the next generation of investors can reap the benefits of risk-driven trading."
Designed for ambitious individuals with an appetite to actively trade financial markets, Exinity Trader leverages the popular MetaTrader platform with its advanced features and analytical tools. Users of Exinity Trader have access to global markets including global and local equities, forex, indices & commodities from a single account, with extremely low trading costs - just $2 commission per lot on FX and CFD trades with spreads as low as zero. As part of Exinity group’s innovative product offering, clients in Kenya will have access to the top 20 most liquid stocks that are listed on the Nairobi Securities Exchange. The platform is also M-Pesa enabled, allowing users to easily deposit and withdraw funds at any time.
Duncan Kinuthia, Chief Executive Offer of Exinity Capital East Africa, said: “We have seen an increased interest in trading and investing in Kenya. At Exinity, our goal is to offer services that combine low-cost access to global markets, empowering our clients to develop investment strategies and make informed trading decisions. We hope to be the 'Wealth Engine' for our clients by providing them access to wealth-building opportunities, and most importantly equipping them with the knowledge, skills and support they need to become empowered traders."