Score
1-2 yearsRegulated in United Kingdom
Common Business Registration
MT5 Full License
Regional Brokers
Suspicious Overrun
Medium potential risk
Add brokers
Comparison
Expose
Exposure
Score
Regulatory Index1.25
Business Index4.03
Risk Management Index0.00
Software Index7.94
License Index1.25
Single Core
1G
40G
More
Company Name
Kudo Trade Ltd
Company Abbreviation
Kudotrade
Platform registered country and region
Saint Lucia
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
| Kudotrade Review Summary | |
| Founded | 2024 |
| Registered Country/Region | Saint Lucia |
| Regulation | Unregulated |
| Market Instruments | 250+, stocks, indices, commodities, forex, cryptos, metals |
| Demo Account | ✅ |
| Leverage | Up to 1000:1 |
| Spread | From 0.7 pips (Standard account) |
| Trading Platform | MetaTrader 5 |
| Min Deposit | $50 |
| Customer Support | Live chat |
| Tel: +44 208 068 2740 | |
| Email: contact@kudotrade.com | |
| Twitter, Facebook, Instagram, YouTube and Linkedin | |
| Address: Floor 38, Media One Tower, Dubai, UAE | |
| Regional Restrictions | The United States, United Arab Emirates |
Kudotrade was registered in Saint Lucia in 2024 but not regulated. It supports a variety of trading instruments, allows for the opening of virtual accounts, and uses MT5 as its trading platform. Its leverage can reach up to 1:1000, with a minimum deposit of $50, and it also claims to offer low spreads.
| Pros | Cons |
| 250+ tradable instruments | New to the market |
| Demo accounts | Unregulated |
| Flexible leverage ratios | Unknown payment methods |
| Commission-free account offered | Regional restrictions |
| Support MT5 | |
| Acceptable minimum deposit | |
| Live chat support |
No, Kudotrade is not regulated. Traders should carefully consider the risks it brings when choosing to trade with it.
Kudotrade offers over 100 stocks, over 10 indices, commodities, 90+ forex pairs, over 30 cryptos and metals.
| Tradable Instruments | Supported |
| Stocks | ✔ |
| Indices | ✔ |
| Commodities | ✔ |
| Forex | ✔ |
| Cryptos | ✔ |
| Metals | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Kudotrade offers two types of live accounts and allows for the opening of demo accounts.
| Account Type | Standard | Pro |
|---|---|---|
| Base Currencies | GBP, EUR, USD | GBP, EUR, USD |
| Min Deposit | $50 | $5,000 |
| Execution Type | STP | ECN |
Kudotrade offers different maximum leverage ratios for different asset classes.
| Asset Class | Leverage |
| Forex | 1:1000 |
| Stocks | |
| Commodities | |
| Metals | |
| Indices | 1:200 |
| Crypto | 1:10 |
Spreads and commissions vary on the account type.
| Account Type | Spread | Commission |
|---|---|---|
| STANDARD | From 0.7 pips | ❌ |
| PRO | From 0 pips | $8 per lot |
Kudotrade uses MT5 as a trading platform.MT5 is developed by MetaQuotes Software Corp. This company has rich experience in the field of financial trading software. MT5 is a product upgraded and expanded on the basis of the success of MT4 (MetaTrader 4), aiming to provide more advanced and flexible trading solutions for global investors and financial institutions.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | / | Experienced traders |
| MT4 | ❌ | / | Beginners |
The Financial Services Commission (FSC) of Mauritius has awarded Kudotrade, a pioneer in international financial trading services, a prestigious licence. Kudotrades dedication to operating at the high
WikiFX
Kudotrade has welcomed Catharine Ioannou as their new Global Head of Human Resources. Bringing her extensive expertise in people strategies and organisational development, Catharine is set todriveKudo
WikiFXIntroducing the Kudo Copy Trader: Revolutionising Investment OpportunitiesIn the dynamic world of trading, innovation is paramount. At Kudotrade, we are dedicated to empowering our clients with cuttin
WikiFXKudotrade, a relatively new player in the forex trading arena, has been operating for less than a year. Registered in Saint Lucia, the broker is a trading name of Kudo Trade Ltd. Despite its efforts to present itself as a versatile trading platform, Kudotrade faces significant challenges that prospective traders should be aware of.
WikiFXMore
User comment
0
CommentsWrite a review
No comment yet
start to write first comment