Company Information

Get to know NMK Africa

NMK Africa positions itself as a leading financial services provider focused on the African market. It operates as an online brokerage, providing retail and institutional clients with access to trade a wide range of financial instruments on global markets, including Forex, commodities, indices, and CFDs on cryptocurrencies. The company emphasizes its regulatory status, operating as a brand name of Scope Markets Kenya, which is licensed by the Capital Markets Authority (CMA) of Kenya. Their mission is to empower African traders by providing advanced trading technology (like the MT5 platform), educational resources, and dedicated customer support.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

Software

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NMK Africa

South Africa

Founded in

2019 (7 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.