Broker FX Spread vs CBK Benchmark Tool

Broker FX Rate vs. Central Bank (CBK) Audit

Compare implicit USD/KES exchange rate markups charged by CMA-licensed and offshore forex brokers against the benchmark Interbank FX rate.

Benchmark Interbank/CBK Rate (USD/KES)

Deposit Capital (USD)

Broker / Licensee	Effective Rate	Markup / USD	Markup Drag (KES)

E-E-A-T Audit Note: Brokers advertising “Zero Deposit Commission” typically monetize local funding by adding KES 0.80 – KES 3.80 per dollar onto the USD/KES exchange rate.

This article was last updated on: August 2, 2026