CMA warning · 11 Sep 2026
Is CBEX legit? CMA warning
The CMA publicly warned on 11 Sep 2026 that CBEX is not authorised to offer financial services in Kenya. Do not send it money.
Named by the CMA as operating without a licence. Promised 100% returns in 30 days through “AI trading”; it also faced enforcement in Nigeria.
- Regulator
- Capital Markets Authority (CMA)
- Country
- 🇰🇪 Kenya
- Warning issued
- Added to Scam Watch
- Type
- Not authorised
List last checked against the CMA: 24 Oct 2026.
Questions about CBEX
Is CBEX legit?
The CMA publicly warned on 11 Sep 2026 that CBEX is not authorised to offer financial services in Kenya. Do not send it money.
I already sent money. What should I do?
Stop paying, keep every message and receipt, tell your bank or mobile money provider at once, and report it to the CMA and the police. Ignore anyone who offers to recover the money for a fee.
Where is the original warning?
On the Capital Markets Authority (CMA) website. We link to a report of the warning dated 11 Sep 2026.
Lost money to CBEX? Our complaint desk writes the report and gives you the official CMA contact →
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Other CMA warnings
All Scam Watch warnings →This page reports a public warning by the CMA. It is not a finding by Africa.Forex. If you represent this company and believe the entry is out of date, contact us with the regulator's update.