A nickname, a strategy name and the register
A card names a strategy and prints the provider's nickname. The Capital Markets Authority of Kenya keeps lists of firms. This page compares the two kinds of name, says what the comparison can and cannot show, and records that no CMA statement about copy trading was found among the lists read. It states no position of the CMA on copy trading.
What a card names, and what a register names
The help pages say a strategy page shows the provider's avatar, the strategy name and the provider's cTrader ID, and that selecting the ID opens the provider's statistics and other strategies. On the public cards the nickname appears as a short label. The register at licensees.cma.or.ke lists companies by their legal names with a category and a licence number: 158 rows when read on 5 November 2026. A label typed by a user and a legal name filed with a regulator are different kinds of name.
Cards compared by name with the CMA lists
Names are compared exactly, with case, spaces and punctuation ignored, against the 158 register rows read 5 November 2026 and the 15 caution-page names read 6 November 2026. A non-match proves nothing: a nickname is not a legal name.
| Comparison | Cards matching |
|---|---|
| Provider's nickname equal to a register name (of 20 cards) | 0 |
| Strategy name equal to a register name (of 20 cards) | 0 |
| Provider's nickname equal to a caution-page name (of 20 cards) | 0 |
| Strategy name equal to a caution-page name (of 20 cards) | 0 |
Reading the table
None of the 20 nicknames or strategy names equals a name on either list, and none of the 15 caution names is a card. That is all it says. A provider may be an individual; a person trading their own account does not appear on a register of firms by a nickname, and the table would show zero whether or not any of them were licensed. The comparison is included so that nobody has to wonder whether it was run.
What the CMA lists were and were not read for
The caution page, dated 11 September 2026 and headed "Public Caution Against Investment Scams", was read on 6 November 2026; this site stores its heading and the 15 names. The public-notices page was read the same day: 5 titles, newest 18 November 2025, none containing the words copy, mirror, social or forex. The list of press releases could not be opened (HTTP 502). No statement by the CMA about copy trading, about social trading or about strategy providers was found, and this site draws no conclusion from that: a statement may exist on a page that was not read.
Register category names
The register labels each row with a category. Two of the labels contain the word forex: 14 rows are labelled non-dealing-forex-broker and 3 are labelled forex-money-manager. Those are the register's own words. This site does not say what any licence in any category permits, whether a strategy provider on a copy platform needs one, or which category a firm offering copying would fall in. Those are questions for the CMA and for the firm.
What the register cannot tell about a nickname
Who the person is. Whether the person holds a licence anywhere. Whether the record on the card is the whole of what they trade. Whether two nicknames are one person, as the first page found with two labels that differ by a character. The platform's own pages describe a record, fees and statistics; none describes a check of who a provider is, and none was found among the pages read.
Questions that remain with the reader
Who receives the follower's fees, and under what name? Is the provider a firm or an individual, and where are they based? Which regulator, if any, supervises a person who manages other people's copies for a fee? Where would a complaint go? The pages read answer none of these. They are put here because a record can be read perfectly and still leave the question of who stands behind it open.
In brief
Read next
Questions about how a record is made
Does an absence from the register mean a provider is unlicensed?
It means the name was not found on the register. Whether a licence is needed is for the CMA to say.
Did the CMA say anything about copy trading?
Nothing was found on the lists read; the press-release list could not be opened. This site states no CMA position.
Is a nickname a safe way to identify a provider?
It is a label chosen by the user. The page of two near-identical nicknames shows why it is not a legal identity.
Where do I check a firm?
On the register at licensees.cma.or.ke by the firm's full legal name, and on the CMA's caution page.
The broker this site links to
The site links to FxPro, which cTrader's list marks as a copy-enabled broker. A record is the provider's; the account a copy runs on is the follower's, and its result is a different document. Whether the copy service is open to a resident of Kenya is for FxPro to say.