Sunday, March 15, 2026 - The online trading world is buzzing after licensed South African trader, Jay Froneman, called out controversial Kenyan scammer, Kenyan Prince, who poses as a flamboyant forex trader.
In the video, filmed at a luxury restaurant, Kenyan Prince
scrolls through his MetaTrader 4 (MT4) app and proudly shows off open gold
trades and an apparent profit of nearly $40,000 (Ksh 5.2
million).
The lavish setting and bold claims instantly captivated
viewers, cementing his image as a high‑rolling trader.
However, Froneman’s breakdown paints a very different
picture.
He flagged glaring inconsistencies, starting with the
account’s zero commissions and fees - a scenario he described
as impossible in real trading environments, where spreads, swaps and
commissions are standard.
He also slammed Kenyan Prince’s reckless risk
management, noting multiple oversized positions stacked on the
same asset, exposing the account to extreme volatility.
Beyond this clip, Froneman explained how trading influencers
often manipulate perception.
One common trick involves running two
accounts simultaneously - one buying, one selling the same
asset.
The losing account is hidden, while the winning account is
flaunted online, creating the illusion of consistent success.
He also suggested that some brokers may provide demo‑style
accounts disguised as live accounts to showcase fake profits and lure new
clients with the influencers like Kenyan Prince getting commissions for every
new client on boarded.
He warned that screenshots and flashy P&L displays are not
proof of profitability.
Your favourite Forex trader has been exposed by a mzungu internationally🤣🤣🤣🤣🤣 eeeeiiih Kenyans what can't you do!! He says it's all lies... pic.twitter.com/TfNOjbqJgQ
— Mary Njoroge (@Maryian96) March 14, 2026
The Kenyan DAILY POST
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